Cell and Tissue Preservation Market (By Type: Cell, Tissue; By Application: Therapeutics, Drug Discovery, Gene therapy, IVF treatment, Cell therapy, Research & Development; By Product: Equipment, Software, Bio-preservation Media; By End User: Biobanks, Hospitals; By Cell Provider: CD34+, CD19+, MSC, iPSC, hESC, Tumor Cells, Others) - Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2024 – 2033


The global cell and tissue preservation market size was valued at USD 4.22 billion in 2023 and it is expected to hit over USD 11.98 billion by 2033 with a remarkable CAGR of 11.01% from 2024 to 2033.

Cell and Tissue Preservation Market Size, Statistics 2023 to 2032

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Cell and Tissue Preservation Market Key Takeaways

  • North America led the global market with the highest market share of 40.14% in 2023.
  • By type, the cell segment has held the largest market share of 53% in 2023.
  • By application, the therapeutics segment captured the biggest revenue share of 40% in 2023.
  • By product, the equipment segment registered the maximum market share in 2023.
  • By end user, the biobanks segment generated over 68% of revenue share in 2023.

Cell and Tissue Preservation Market Size in the U.S. 2024 to 2033

The U.S. cell and tissue preservation market size was estimated at USD 1.19 billion in 2023 and is predicted to be worth around USD 3.55 billion by 2033, at a CAGR of 11.59% from 2024 to 2033.

U.S. Cell and Tissue Preservation Market Size 2024 to 2033

North America was the leading cell and tissue preservation market in 2023. The demand for the advanced healthcare technology is higher in North America. The presence of advanced healthcare infrastructure and higher government investments in the research and development in the healthcare technology has significantly driven the growth of the cell and tissue preservation market. The increased prevalence of chronic diseases among the population of US has attracted heavy investments in drug discovery and development of innovative therapeutics, which has driven the growth of the North America cell and tissue preservation market.

Cell and Tissue Preservation Market Share, By Region, 2023 (%)

 

Asia Pacific is expected to be the most opportunistic market during the forecast period. The increasing investments in development of advanced healthcare and medical infrastructure and the presence of several top pharmaceutical companies and research organizations are significantly contributing towards the growth of the Asia Pacific cell and tissue preservation market.

Cell and Tissue Preservation Market Size in Europe 2023 to 2033

The Europe cell and tissue preservation market size was calculated at USD 1.11 billion in 2023 and is projected to expand around USD 3.33 billion by 2033, poised to grow at a CAGR of 11.62% from 2024 to 2033.

Year Market Size (USD Billion)
2023 1.11
2024 1.24
2025 1.38
2026 1.54
2027 1.72
2028 1.92
2029 2.15
2030 2.40
2031 2.41
2032 2.98
2033 3.33

 

Cell and Tissue Preservation Market Growth Factors

The global cell and tissue preservation market is significantly driven by the rising preservation of stem cells. The rising investments towards the development of healthcare infrastructure, adoption of smart technologies, and medical innovations are expected to foster the market growth during the forecast period. The globe is witnessing an increasing prevalence of various chronic diseases such as cardiovascular diseases, range of malignancies, diabetes, neurological disorders, and many other diseases, which is significantly boosting the growth of the global cell and tissue preservation market. The improved access to the better healthcare facilities owing to the rising disposable income, presence of developed healthcare infrastructure, and rising healthcare expenditure has led to the development of innovative bio-preservation technologies and facilities.

The adoption of the cryopreservation helps to extend the shelf life of some of the cells. The recent outbreak of the COVID-19 pandemic in 2020 has forced the companies to focus on reducing the risks of cross contamination especially at the fertility clinics and centers. The increasing demand for the regenerative therapies across the globe is expected to fuel the growth of the cell and tissue preservation market. The regenerative therapies helps in the restoration of the cells and tissues caused due to the age related diseases, congenital abnormalities, and injuries. Furthermore, the growing demand for storing organs for transplantation is another major factor that is anticipated to have a significant impact on the market growth in the foreseeable future.

Report Scope of the Cell and Tissue Preservation Market

Report Coverage Details
Growth Rate from 2024 to 2033 CAGR of 11.01%
Market Size in 2023 USD 4.22 Billion
Market Size by 2033 USD 11.98 Billion
Base Year 2023
Forecast Period 2024 to 2033
Segments Covered By Type, By Application, By Product, By End User, and By Cell Provider
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

 

Type Insights

Based on the type, the cell segment led the global cell and tissue preservation market in 2023 with revenue share of 53% with a CAGR of 11.7% from 2024 to 2033. The rising demand for the cell therapies and regenerative therapies among the patients is expected to drive the market growth. Furthermore, the increasing prevalence of various diseases and the rising investments in the technological advancements to enhance the storage systems of cells is propelling the growth of this segment.

Cell and Tissue Preservation Market Share, By Type, 2023 (%)

Tissue Segment is expected to be the fastest-growing segment during the forecast period. This growth is attributed to the increasing penetration of the biobanks across the globe. Furthermore, the rising demand for the regenerative medicines is significantly fostering the growth of this segment. The rising incidences of age related diseases and severe injuries are propelling the demand for the tissue preservation across the globe. The rising geriatric population across the globe is expected to further spur the growth of this segment in the forthcoming years. According to the United Nations, the elderly population across the globe is expected to reach around 2 billion by the year 2050, which will positively contribute towards the growth of the tissues segment in the cell and tissue preservation market.

Application Insights

On the basis of application, the therapeutics was the dominating segment that constituted revenue of around 40% in 2023 with a CAGR of 11.8% during the forecast period. The increased demand for the cell and tissue preservation for the development of therapeutics to cure various chronic and non-communicable diseases has led to the dominance of this segment across the globe. The rapidly surging prevalence of lifestyle and age related diseases is expected to foster the growth of this segment and is expected to sustain its position in the global cell and tissue preservation market throughout the forecast period.

IVF treatment segment is anticipated to exhibit highest CAGR during the forecast period. This is attributed to the rising demand for the IVF treatments across the globe. Late marriages, rising participation of women in workforce, higher preference to career over marriage, and several other factors are resulting in the declining fertility rates and growing complexities in the pregnancies. These factors are propelling the demand for the IVF treatment, which in turn is expected to drive the growth of the IVF treatment segment in the cell and tissue preservation market.

Product Insights

Depending on the product, the global cell and tissue preservation market was dominated by the equipment segment in 2023. The surging demand for the biobanks across the globe owing to its higher utilization in tissue, stem cell, Plasma, and DNA research has fueled the growth of the equipment segment. The equipment segment was valued at US$ 2,026 million in 2023 and it is expected to hit US$ 6,805 million in 2033, growing at a CAGR of 11.7% from 2024 to 2033. The increased adoption of the freezing and storage systems for the preservation of cells and tissues has led to the dominance of this segment in the global market. Furthermore, the high costs associated with the acquisition of the advanced and innovative equipment helped in the higher revenue generation.

Software segment is anticipated to be the most opportunistic segment during the forecast period. This rising investments in the adoption of software technologies owing to the rising trend of digitization and automation. The increasing needs for controlling costs and effectively manage the operations and inventories have fueled the adoption of the software technologies in the biobanks.

End User Insights

Based on the end user, the biobanks segment led the global cell and tissue preservation market accounting for over 68% of the market share in 2023. The rising demand for the stem cell preservation among the researchers has significantly fueled the growth the biobanks segment. Moreover, the rising advancements in the technology and growing investments in the research activities for the purpose of drug discovery and development of various therapeutics is further expected to drive the market growth.

The biobanks is also anticipated to be the fastest-growing segment during the forecast period. The surging number of egg and sperm banks and the rising adoption of the assisted reproductive technology is fueling the growth of the biobanks segment.

Cell and Tissue Preservation Market Recent Developments

The cell and tissue preservation market is highly fragmented owing to the presence of numerous key market players. These key players are constantly engaged into various developmental strategies such as mergers, acquisitions, partnerships, collaborations, and new product launches to strengthen their position and expand their market share.

Cell and Tissue Preservation Market Companies

  • Thermo Fisher Scientific, Inc.
  • Lonza
  • BD
  • MerckKGaA
  • Cytiva
  • Agilent Technologies, Inc.
  • Avantor, Inc.
  • FUJIFILM Irvine Scientific
  • BioLifeSolutions Inc.
  • AMSBIO
  • Princeton CryoTech
  • STEMCELL Technologies Inc.
  • LGC SeraCare
  • Corning Incorporated
  • CellGenix GmbH

Segments Covered in the Report

By Type

  • Cell
    • Mammalian Cells
    • Others (Microorganisms and Plant Cells)
  • Tissue
    • Blood
    • Bone
    • Soft Tissues
    • Skin
    • Others

By Application

  • Therapeutics
  • Drug Discovery
  • Gene therapy
  • IVF treatment
  • Cell therapy
  • Research & Development

By Product

  • Equipment
    • Freezers
    • Refrigerators
    • Storage Systems
    • Others
  • Software
  • Bio-preservation Media
    • Home-brew Media
    • Pre-formulated Media

By End User

  • Biobanks
  • Hospitals

By Cell Provider

  • CD34+
  • CD19+
  • MSC
  • iPSC
  • hESC
  • Tumor Cells
  • Others

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Malaysia
    • Philippines
  • Latin America
    • Brazil
    • Rest of Latin America
  • Middle East & Africa (MEA)
    • GCC
    • North Africa
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions

What is the current size of cell and tissue preservation market?
The global cell and tissue preservation market size was reached at USD 4.22 billion in 2023 and is anticipated to rake US$ 11.98 billion by 2033.
What will be the CAGR of global cell and tissue preservation market?
The global cell and tissue preservation market is growing at a CAGR of 11.01% from 2024 to 2033.
Who are the major players operating in the cell and tissue preservation market?
The major players operating in the cell and tissue preservation market are Thermo Fisher Scientific, Inc., Lonza, BD, MerckKGaA, Cytiva, Agilent Technologies, Inc., Avantor, Inc., FUJIFILM Irvine Scientific, BioLifeSolutions Inc., AMSBIO, Princeton CryoTech, STEMCELL Technologies Inc., LGC SeraCare, Corning Incorporated, and CellGenix GmbH.
Which are the driving factors of the cell and tissue preservation market?
The surging demand for the regenerative medicines owing to the rising prevalence of injuries and age related diseases is expected to drive the growth of the cell and tissue preservation market during the forecast period.
Which region will lead the global cell and tissue preservation market?
North America was the dominant cell and tissue preservation market in 2023 and will lead the market in near future.

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