Global Cryopreservation Media Market
Segments - by Type (Serum-free, With serum), End-user (Pharmaceutical & Biotechnology Companies, Academic & Research Institutes, Cell Banks, and Others), and Regions (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028
Cryopreservation Media Market Outlook
The global cryopreservation media market was valued at USD 1,465.4 Mn in 2020 and is expected to reach USD 3,650.4 Mn by 2028, expanding at a CAGR of 12.3% during the forecast period. Cryopreservation is a process in which tissues, organs, or cells are cooled and stored at low temperatures for maintaining their viability. These biological specimens are cryopreserved at the temperature of liquid nitrogen (-196°C). Cryopreservation is largely used for protecting cells from physical stress, along with reducing the cell death development. The market in North America and Europe are projected to grow, due to increasing research activities.
Cryopreservation Media Market Dynamics
Rising government initiatives in the research sector of the pharmaceutical and biopharmaceutical segment is anticipated to propel cryopreservation media market. Cell freezing benefit for saving the development of drugs is fueling the market. Governments of several countries are spending huge amount in the development of the biotechnological sector, which is expected to drive the cryopreservation media market. Many countries are taking different initiatives for generating awareness about stem cell preservation among people, leading to the growth of the market.
Development in cell therapy is projected to fuel the market. Genetically engineered cell lines are developed by using insect media for developing therapeutically valuable recombinant proteins. Major market players are increasing their expenditure in the research and development sector for the purpose of development of innovative methods and novel products, which is expected to propel the market in the coming years.
There are some regulations when dealing with freezing cells, particularly in the clinical space. The industry is struggling with tighter regulations. The regulations are strict while freezing cells which are for the purpose of human use. There are some solutions which are offered by commercial media. For the clinical saless, Drug Master File (DMF), is the highest regulatory documents which is used. Biological Master File (BMF) is the other regulatory document which is used in freezing cells.
Regulatory approval is the large issue faced by the several companies. The regulatory approval process cryopreservation is still evolving, as regulatory bodies such as EMS in Europe and FDA in the U.S. gain experience of these drugs and get more response about what work well. New guidelines and terminologies are targeting and supporting the process of advanced therapies and development of novel products. Research and development in the North America is growing at fast rate, with the clinical development and advancement in methods. CBER gives proactive scientific and regulatory advice to manufacturers and medical researchers in the development of novel products.
Cryopreservation Media Market Segmental Outlook
By Type
On the basis of types, the market is bifurcated into serum-free and with serum. The serum-free segment is anticipated to hold a significant share of the market during the forecast period, owing to the consistent performance, increased productivity, and enhanced detection of cellular mediators. The serum-free segment is anticipated to expand at a CAGR of 14.4% during the forecast period. The serum-free media removes the risk of contamination at the time of experiments, due to which it becomes preferred medium of cell culture. The with-serum segment is projected to increase at a rapid CAGR, owing to the property of serum to bind components with each other.
By End-user
Based on end-user, the market is categorized into pharmaceutical & biotechnology companies, academic & research institutes, cell banks, and others. The academic & research institutes segment is projected to account for a significant share of the market during the forecast period, due to rising focus on research and development of new products. The academic & research institutes segment is anticipated to expand at a CAGR of 12.8% during the forecast period. The pharmaceutical & biotechnology companies segment is projected to account for a significant share of the market during the forecast period, due to rising government initiatives for research in pharmaceutical & biotechnology sector. The cell banks segment is anticipated to grow at substantial CAGR during the forecast period. This growth may be attributed to the increasing sales of cryopreservation media in the preservation of fine structures of cells.
Region Wise Outlook
On the basis of regions, the market is categorized as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa (MEA). North America is anticipated to hold the largest market share, as research activities in the region are increasing along with development in the healthcare infrastructure. Rapid growth of cell therapies and adoption of regenerative medicines in the region are expected to boost the regional market. The market in Europe is expected to account for rapid growth, owing to novel drug developments in the region. Increasing research activities in the region are projected to drive the regional market over the forecast period.
Key Benefits for Industry Participants & Stakeholders
- In-Depth Analysis of the Cryopreservation Media Market.
- Historical, Current and Projected Market Size in Terms of Value.
- Potential & Niche Segments and Regions Exhibiting Promising Growth Covered
- Industry Drivers, Restraints and Opportunities Covered in the Study
- Recent Industry Trends and Developments
- Competitive Landscape & Strategies of Key Players
- Neutral Perspective on From Cryopreservation Media Market Performance
Segments
By Type
- Serum-free
- With serum
By End-user
- Pharmaceutical & biotechnology companies
- Academic & research institutes
- Cell Banks
- Others
By Regions
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa (MEA)
Key Players
- BioLife Solutions
- Bio-Techne
- Corning Incorporated
- Cytiva
- Lonza
- Merck KGaA
- NIPPON Genetics Europe
- STEMCELL Technologies Inc.
- Thermo Fisher Scientific Inc.
- ZENOGEN PHARMA CO., LTD.
- Sartorius AG
Competitive Landscape
- Key players in the cryopreservation media market are BioLife Solutions, Bio-Techne, Corning Incorporated, Cytiva, Lonza, Merck KGaA, NIPPON Genetics Europe, STEMCELL Technologies Inc., Thermo Fisher Scientific Inc., ZENOGEN PHARMA CO., LTD., Sartorius AG, among others.
- The players are adopting key strategies such as product development, geographical expansion, mergers and acquisition and many other strategies to cater the increasing demand for cryopreservation media. For instance, BioLife Solutions announced the acquisition of US-based life science research & development company, Astero Bio Corporation. With this acquisition, the company intends to expand its product offerings in cell and gene therapy tools.
Video Summary for Cryopreservation Media Market
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cryopreservation Media Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cryopreservation Media Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cryopreservation Media Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cryopreservation Media Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cryopreservation Media Market Size & Forecast, 2018-2028
4.5.1 Cryopreservation Media Market Size and Y-o-Y Growth
4.5.2 Cryopreservation Media Market Absolute $ Opportunity
4.6 Global Cryopreservation Media Market: Impact Of Key Regulations
Chapter 5 Global Cryopreservation Media Market Analysis and Forecast By Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Type
5.1.2 Basis Point Share (BPS) Analysis By Type
5.1.3 Absolute $ Opportunity Assessment By Type
5.2 Cryopreservation Media Market Size Forecast By Type
5.2.1 Serum-Free
5.2.2 With Serum
5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Cryopreservation Media Market Analysis and Forecast By End-user
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By End-user
6.1.2 Basis Point Share (BPS) Analysis By End-user
6.1.3 Absolute $ Opportunity Assessment By End-user
6.2 Cryopreservation Media Market Size Forecast By End-user
6.2.1 Academic & Research Institutes
6.2.2 Pharmaceutical & Biotechnology Companies
6.2.3 Cell Bank
6.2.4 Others
6.3 Market Attractiveness Analysis By End-user
Chapter 7 Global Cryopreservation Media Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cryopreservation Media Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cryopreservation Media Analysis and Forecast
9.1 Introduction
9.2 North America Cryopreservation Media Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cryopreservation Media Market Size Forecast By Type
9.6.1 Serum-Free
9.6.2 With Serum
9.7 Basis Point Share (BPS) Analysis By Type
9.8 Absolute $ Opportunity Assessment By Type
9.9 Market Attractiveness Analysis By Type
9.10 North America Cryopreservation Media Market Size Forecast By End-user
9.10.1 Academic & Research Institutes
9.10.2 Pharmaceutical & Biotechnology Companies
9.10.3 Cell Bank
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis By End-user
9.12 Absolute $ Opportunity Assessment By End-user
9.13 Market Attractiveness Analysis By End-user
Chapter 10 Europe Cryopreservation Media Analysis and Forecast
10.1 Introduction
10.2 Europe Cryopreservation Media Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cryopreservation Media Market Size Forecast By Type
10.6.1 Serum-Free
10.6.2 With Serum
10.7 Basis Point Share (BPS) Analysis By Type
10.8 Absolute $ Opportunity Assessment By Type
10.9 Market Attractiveness Analysis By Type
10.10 Europe Cryopreservation Media Market Size Forecast By End-user
10.10.1 Academic & Research Institutes
10.10.2 Pharmaceutical & Biotechnology Companies
10.10.3 Cell Bank
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis By End-user
10.12 Absolute $ Opportunity Assessment By End-user
10.13 Market Attractiveness Analysis By End-user
Chapter 11 Asia Pacific Cryopreservation Media Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cryopreservation Media Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cryopreservation Media Market Size Forecast By Type
11.6.1 Serum-Free
11.6.2 With Serum
11.7 Basis Point Share (BPS) Analysis By Type
11.8 Absolute $ Opportunity Assessment By Type
11.9 Market Attractiveness Analysis By Type
11.10 Asia Pacific Cryopreservation Media Market Size Forecast By End-user
11.10.1 Academic & Research Institutes
11.10.2 Pharmaceutical & Biotechnology Companies
11.10.3 Cell Bank
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis By End-user
11.12 Absolute $ Opportunity Assessment By End-user
11.13 Market Attractiveness Analysis By End-user
Chapter 12 Latin America Cryopreservation Media Analysis and Forecast
12.1 Introduction
12.2 Latin America Cryopreservation Media Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cryopreservation Media Market Size Forecast By Type
12.6.1 Serum-Free
12.6.2 With Serum
12.7 Basis Point Share (BPS) Analysis By Type
12.8 Absolute $ Opportunity Assessment By Type
12.9 Market Attractiveness Analysis By Type
12.10 Latin America Cryopreservation Media Market Size Forecast By End-user
12.10.1 Academic & Research Institutes
12.10.2 Pharmaceutical & Biotechnology Companies
12.10.3 Cell Bank
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis By End-user
12.12 Absolute $ Opportunity Assessment By End-user
12.13 Market Attractiveness Analysis By End-user
Chapter 13 Middle East & Africa (MEA) Cryopreservation Media Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cryopreservation Media Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cryopreservation Media Market Size Forecast By Type
13.6.1 Serum-Free
13.6.2 With Serum
13.7 Basis Point Share (BPS) Analysis By Type
13.8 Absolute $ Opportunity Assessment By Type
13.9 Market Attractiveness Analysis By Type
13.10 Middle East & Africa (MEA) Cryopreservation Media Market Size Forecast By End-user
13.10.1 Academic & Research Institutes
13.10.2 Pharmaceutical & Biotechnology Companies
13.10.3 Cell Bank
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis By End-user
13.12 Absolute $ Opportunity Assessment By End-user
13.13 Market Attractiveness Analysis By End-user
Chapter 14 Competition Landscape
14.1 Cryopreservation Media Market: Competitive Dashboard
14.2 Global Cryopreservation Media Market: Market Share Analysis, 2020
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BioLife Solutions, Inc.
14.3.2 Bio-Techne
14.3.3 Corning Incorporated
14.3.4 Cytiva
14.3.5 Lonza
14.3.6 NIPPON Genetics Europe
14.3.7 STEMCELL Technologies Inc.
14.3.8 Merck & Co.
14.3.9 Thermo Fisher Scientific Inc.
14.3.10 ZENOGEN PHARMA CO., LTD.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cryopreservation Media Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cryopreservation Media Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cryopreservation Media Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cryopreservation Media Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cryopreservation Media Market Size & Forecast, 2018-2028
4.5.1 Cryopreservation Media Market Size and Y-o-Y Growth
4.5.2 Cryopreservation Media Market Absolute $ Opportunity
4.6 Global Cryopreservation Media Market: Impact Of Key Regulations
Chapter 5 Global Cryopreservation Media Market Analysis and Forecast By Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities By Type
5.1.2 Basis Point Share (BPS) Analysis By Type
5.1.3 Absolute $ Opportunity Assessment By Type
5.2 Cryopreservation Media Market Size Forecast By Type
5.2.1 Serum-Free
5.2.2 With Serum
5.3 Market Attractiveness Analysis By Type
Chapter 6 Global Cryopreservation Media Market Analysis and Forecast By End-user
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities By End-user
6.1.2 Basis Point Share (BPS) Analysis By End-user
6.1.3 Absolute $ Opportunity Assessment By End-user
6.2 Cryopreservation Media Market Size Forecast By End-user
6.2.1 Academic & Research Institutes
6.2.2 Pharmaceutical & Biotechnology Companies
6.2.3 Cell Bank
6.2.4 Others
6.3 Market Attractiveness Analysis By End-user
Chapter 7 Global Cryopreservation Media Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cryopreservation Media Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cryopreservation Media Analysis and Forecast
9.1 Introduction
9.2 North America Cryopreservation Media Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cryopreservation Media Market Size Forecast By Type
9.6.1 Serum-Free
9.6.2 With Serum
9.7 Basis Point Share (BPS) Analysis By Type
9.8 Absolute $ Opportunity Assessment By Type
9.9 Market Attractiveness Analysis By Type
9.10 North America Cryopreservation Media Market Size Forecast By End-user
9.10.1 Academic & Research Institutes
9.10.2 Pharmaceutical & Biotechnology Companies
9.10.3 Cell Bank
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis By End-user
9.12 Absolute $ Opportunity Assessment By End-user
9.13 Market Attractiveness Analysis By End-user
Chapter 10 Europe Cryopreservation Media Analysis and Forecast
10.1 Introduction
10.2 Europe Cryopreservation Media Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cryopreservation Media Market Size Forecast By Type
10.6.1 Serum-Free
10.6.2 With Serum
10.7 Basis Point Share (BPS) Analysis By Type
10.8 Absolute $ Opportunity Assessment By Type
10.9 Market Attractiveness Analysis By Type
10.10 Europe Cryopreservation Media Market Size Forecast By End-user
10.10.1 Academic & Research Institutes
10.10.2 Pharmaceutical & Biotechnology Companies
10.10.3 Cell Bank
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis By End-user
10.12 Absolute $ Opportunity Assessment By End-user
10.13 Market Attractiveness Analysis By End-user
Chapter 11 Asia Pacific Cryopreservation Media Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cryopreservation Media Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cryopreservation Media Market Size Forecast By Type
11.6.1 Serum-Free
11.6.2 With Serum
11.7 Basis Point Share (BPS) Analysis By Type
11.8 Absolute $ Opportunity Assessment By Type
11.9 Market Attractiveness Analysis By Type
11.10 Asia Pacific Cryopreservation Media Market Size Forecast By End-user
11.10.1 Academic & Research Institutes
11.10.2 Pharmaceutical & Biotechnology Companies
11.10.3 Cell Bank
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis By End-user
11.12 Absolute $ Opportunity Assessment By End-user
11.13 Market Attractiveness Analysis By End-user
Chapter 12 Latin America Cryopreservation Media Analysis and Forecast
12.1 Introduction
12.2 Latin America Cryopreservation Media Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cryopreservation Media Market Size Forecast By Type
12.6.1 Serum-Free
12.6.2 With Serum
12.7 Basis Point Share (BPS) Analysis By Type
12.8 Absolute $ Opportunity Assessment By Type
12.9 Market Attractiveness Analysis By Type
12.10 Latin America Cryopreservation Media Market Size Forecast By End-user
12.10.1 Academic & Research Institutes
12.10.2 Pharmaceutical & Biotechnology Companies
12.10.3 Cell Bank
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis By End-user
12.12 Absolute $ Opportunity Assessment By End-user
12.13 Market Attractiveness Analysis By End-user
Chapter 13 Middle East & Africa (MEA) Cryopreservation Media Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cryopreservation Media Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cryopreservation Media Market Size Forecast By Type
13.6.1 Serum-Free
13.6.2 With Serum
13.7 Basis Point Share (BPS) Analysis By Type
13.8 Absolute $ Opportunity Assessment By Type
13.9 Market Attractiveness Analysis By Type
13.10 Middle East & Africa (MEA) Cryopreservation Media Market Size Forecast By End-user
13.10.1 Academic & Research Institutes
13.10.2 Pharmaceutical & Biotechnology Companies
13.10.3 Cell Bank
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis By End-user
13.12 Absolute $ Opportunity Assessment By End-user
13.13 Market Attractiveness Analysis By End-user
Chapter 14 Competition Landscape
14.1 Cryopreservation Media Market: Competitive Dashboard
14.2 Global Cryopreservation Media Market: Market Share Analysis, 2020
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BioLife Solutions, Inc.
14.3.2 Bio-Techne
14.3.3 Corning Incorporated
14.3.4 Cytiva
14.3.5 Lonza
14.3.6 NIPPON Genetics Europe
14.3.7 STEMCELL Technologies Inc.
14.3.8 Merck & Co.
14.3.9 Thermo Fisher Scientific Inc.
14.3.10 ZENOGEN PHARMA CO., LTD.
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FAQ Section
Some frequently asked quetions about this report!
Major Manufactures include Bio-Techne, BioLife Solutions, Corning Incorporated, Thermo Fisher Scientific Inc., STEMCELL Technologies Inc., among others.
The base year considered for the cryopreservation media market report is 2020. The complete analysis period is 2018 to 2028, wherein, 2018 & 2019 are the historic years, and the forecast is provided from 2021 to 2028.
The market is expected to witness moderate growth with increase in terms of demand during 2019-2020 owing to the positive impact of COVID-19 pandemic on the cryopreservation media market.
The demand for cryopreservation media from pharmaceutical & biotechnology companies and cell banks is driving the market growth.
The cryopreservation media market is anticipated to grow significantly during forecast period due increasing development in cell therapy around the world and rising government initiatives for research activities in the pharmaceutical and biopharmaceutical industry
Factors such as competitive strength and market positioning are key areas considered while selecting top companies to be profiled.
In addition to market size (in USD Million) and Company Market Share (in % for base year 2019), other data such Macro-economic factors, COVID-19 Impact on the cryopreservation media market is available in final report.
According to this Growth Market Reports, the market from cryopreservation media market is likely to register a CAGR of 12.3% during period 2020-2027, with an anticipated valuation of USD 3,650.4 million by the end of the 2028.
Yes, the report covers various cryopreservation media market by end-user as pharmaceutical & biotechnology companies, academic & research institutes, cell banks, others.
Additional company profiles can be provided on request.
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