DMSO Cell Cryopreservation Medium Market Size, Share & Trends Analysis Report By Type (Stem Cell, CHO Cells, T Cells, Others), By Application (Hospital, Research Institute, Others), By Region, And By Segment Forecasts, 2024-2031.

Report Id: 2438 Pages: 179 Last Updated: 18 October 2024 Format: PDF / PPT / Excel / Power BI
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DMSO Cell Cryopreservation Medium Market Size is predicted to expand with a 9.11% CAGR during the forecast period for 2024-2031.

DMSO Cell Cryopreservation Medium Market info

Dimethyl Sulfoxide (DMSO) is extensively utilized in cell cryopreservation to safeguard cells from harm caused by ice crystal formation during freezing. It aids in the gradual cooling process, which is essential for preventing cell death by entering cell membranes and minimizing ice formation. Although DMSO is effective, it must be handled cautiously due to its potential toxicity. Additionally, the dose of DMSO needs to be carefully adjusted for different cell types in order to strike a balance between cryoprotection and cellular tolerance. 

An increase in cellular therapies and biobanking activities is propelling the demand for cell cryopreservation in the market. The growing field of biobanking requires efficient cell cryopreservation techniques to keep various cell types viable and functional for long periods. Furthermore, the rise in the demand for efficient freezing media from various end-users, together with a slew of new products introduced by prominent market participants, is expected to drive the market's expansion.

Manufacturers face challenges when trying to find a balance between sophisticated features, compliance, and cost-effectiveness, which could impact the market accessibility of these devices. In addition, the market for cell cryopreservation was positively affected by the COVID-19 pandemic. The need to store and preserve cells for potential future use arose from the heightened emphasis on research and development pertaining to vaccinations and treatments. The need for cell cryopreservation services and products surged as a result.

Competitive Landscape

Some Major Key Players In The DMSO Cell Cryopreservation Medium Market:

  • Thermo Fisher Scientific
  • Biolife Solutions
  • Kitazato
  • STEMCELL
  • Sartorius AG
  • AMSBIO
  • Shanghai Biyuntian Biotechnology Co., Ltd.
  • Beijing Baiolaibo Technology Co., Ltd.
  • HiMedia
  • Biological Industries
  • Other Market Players

Market Segmentation:

The DMSO cell cryopreservation medium market is segmented based on Type and application. Based on Type, the market is segmented into stem cells, CHO cells, T cells, and others. The application segment comprises hospitals, research institutes, and Others.

Based On The Type, The Stem Cell Segment Is Accounted As A Major Contributor To The DMSO Cell Cryopreservation Medium Market.

The stem cell DMSO cell cryopreservation medium market is expected to lead with a major global market share. Stem cell preservation is an important application in the cell cryopreservation business. Stem cells are incredibly important in regenerative medicine because they can both repair and generate new tissue. This makes them a game-changer for treating illnesses like chronic diseases and spinal cord injuries.

The Hospital Segment Is To Witness Growth At A Rapid Rate.

The Hospital is an ideal setting for individuals who need medical attention. Hospitals have a significant community role as well. The existence of a hospital is essential for every community. The truth is that a hospital serves as the hub for wellness and medical care in the community, especially in countries like the US, Germany, the UK, China, and India.

In The Region, The North American DMSO Cell Cryopreservation Medium Market Holds A Significant Revenue Share.

The North American DMSO cell cryopreservation medium market is expected to record the maximum market revenue share in the near future. It can be attributed to because of the great concentration of cell cryopreservation facilities and the high incidence of chronic diseases in the area. In addition, Asia Pacific is predicted to grow rapidly in the global DMSO cell cryopreservation medium market because of heightened public understanding of the importance of healthcare, a surge in pharmaceutical and biotechnological R&D efforts, and an increase in government funding for such endeavours.

Recent Developments:

  • In June 2023, BioLife Solutions, Inc. has introduced a new controlled-rate freezer (CRF) with a larger capacity, in order to expand its existing CRF product range, which now consists of three different form factors. This tabletop freezer meets the important requirement of customers for increased production capacity of cell treatments.
  • In Dec 2019, Sartorius agreed to buy a majority stake in Biological Industries, an Israeli company that develops and makes cell growth media. The owners of the company, Kibbutz Beit Haemek and the private equity fund Fortissimo Capital, sold Sartorius just over half of their shares for about €45 million in cash. 

DMSO Cell Cryopreservation Medium Market Report Scope

Report Attribute Specifications
Growth Rate CAGR CAGR of 9.11% from 2024 to 2031
Quantitative Units Representation of revenue in US$ Million and CAGR from 2024 to 2031
Historic Year 2019 to 2023
Forecast Year 2024-2031
Report Coverage The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends
Segments Covered By Type and Application
Regional Scope North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Country Scope U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; France; Italy; Spain; Southeast Asia; South Korea
Competitive Landscape Thermo Fisher Scientific, Biolife Solutions, Kitazato, STEMCELL, Sartorius AG, AMSBIO, Shanghai Biyuntian Biotechnology Co., Ltd., Beijing Baiolaibo Technology Co., Ltd., HiMedia, and Biological Industries.
Customization Scope Free customization report with the procurement of the report and modifications to the regional and segment scope. Particular Geographic competitive landscape.
Pricing And Available Payment Methods Explore pricing alternatives that are customized to your particular study requirements.

Segmentation of DMSO Cell Cryopreservation Medium Market-

DMSO Cell Cryopreservation Medium Market By Type-

  • Stem Cell
  • CHO Cells
  • T Cells
  • Others

DMSO Cell Cryopreservation Medium Market seg

DMSO Cell Cryopreservation Medium Market By Application-

  • Hospital
  • Research Institute
  • Others

By Region-

North America-

  • The US
  • Canada
  • Mexico

Europe-

  • Germany
  • The UK
  • France
  • Italy
  • Spain
  • Rest of Europe

Asia-Pacific-

  • China
  • Japan
  • India
  • South Korea
  • South East Asia
  • Rest of Asia Pacific

Latin America-

  • Brazil
  • Argentina
  • Rest of Latin America

 Middle East & Africa-

  • GCC Countries
  • South Africa
  • Rest of the Middle East and Africa

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Research Design and Approach

This study employed a multi-step, mixed-method research approach that integrates:

  • Secondary research
  • Primary research
  • Data triangulation
  • Hybrid top-down and bottom-up modelling
  • Forecasting and scenario analysis

This approach ensures a balanced and validated understanding of both macro- and micro-level market factors influencing the market.

Secondary Research

Secondary research for this study involved the collection, review, and analysis of publicly available and paid data sources to build the initial fact base, understand historical market behaviour, identify data gaps, and refine the hypotheses for primary research.

Sources Consulted

Secondary data for the market study was gathered from multiple credible sources, including:

  • Government databases, regulatory bodies, and public institutions
  • International organizations (WHO, OECD, IMF, World Bank, etc.)
  • Commercial and paid databases
  • Industry associations, trade publications, and technical journals
  • Company annual reports, investor presentations, press releases, and SEC filings
  • Academic research papers, patents, and scientific literature
  • Previous market research publications and syndicated reports

These sources were used to compile historical data, market volumes/prices, industry trends, technological developments, and competitive insights.

Secondary Research

Primary Research

Primary research was conducted to validate secondary data, understand real-time market dynamics, capture price points and adoption trends, and verify the assumptions used in the market modelling.

Stakeholders Interviewed

Primary interviews for this study involved:

  • Manufacturers and suppliers in the market value chain
  • Distributors, channel partners, and integrators
  • End-users / customers (e.g., hospitals, labs, enterprises, consumers, etc., depending on the market)
  • Industry experts, technology specialists, consultants, and regulatory professionals
  • Senior executives (CEOs, CTOs, VPs, Directors) and product managers

Interview Process

Interviews were conducted via:

  • Structured and semi-structured questionnaires
  • Telephonic and video interactions
  • Email correspondences
  • Expert consultation sessions

Primary insights were incorporated into demand modelling, pricing analysis, technology evaluation, and market share estimation.

Data Processing, Normalization, and Validation

All collected data were processed and normalized to ensure consistency and comparability across regions and time frames.

The data validation process included:

  • Standardization of units (currency conversions, volume units, inflation adjustments)
  • Cross-verification of data points across multiple secondary sources
  • Normalization of inconsistent datasets
  • Identification and resolution of data gaps
  • Outlier detection and removal through algorithmic and manual checks
  • Plausibility and coherence checks across segments and geographies

This ensured that the dataset used for modelling was clean, robust, and reliable.

Market Size Estimation and Data Triangulation

Bottom-Up Approach

The bottom-up approach involved aggregating segment-level data, such as:

  • Company revenues
  • Product-level sales
  • Installed base/usage volumes
  • Adoption and penetration rates
  • Pricing analysis

This method was primarily used when detailed micro-level market data were available.

Bottom Up Approach

Top-Down Approach

The top-down approach used macro-level indicators:

  • Parent market benchmarks
  • Global/regional industry trends
  • Economic indicators (GDP, demographics, spending patterns)
  • Penetration and usage ratios

This approach was used for segments where granular data were limited or inconsistent.

Hybrid Triangulation Approach

To ensure accuracy, a triangulated hybrid model was used. This included:

  • Reconciling top-down and bottom-up estimates
  • Cross-checking revenues, volumes, and pricing assumptions
  • Incorporating expert insights to validate segment splits and adoption rates

This multi-angle validation yielded the final market size.

Forecasting Framework and Scenario Modelling

Market forecasts were developed using a combination of time-series modelling, adoption curve analysis, and driver-based forecasting tools.

Forecasting Methods

  • Time-series modelling
  • S-curve and diffusion models (for emerging technologies)
  • Driver-based forecasting (GDP, disposable income, adoption rates, regulatory changes)
  • Price elasticity models
  • Market maturity and lifecycle-based projections

Scenario Analysis

Given inherent uncertainties, three scenarios were constructed:

  • Base-Case Scenario: Expected trajectory under current conditions
  • Optimistic Scenario: High adoption, favourable regulation, strong economic tailwinds
  • Conservative Scenario: Slow adoption, regulatory delays, economic constraints

Sensitivity testing was conducted on key variables, including pricing, demand elasticity, and regional adoption.

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Frequently Asked Questions

DMSO Cell Cryopreservation Medium Market Size is predicted to expand with a 9.11% CAGR during the forecast period for 2024-2031.

AMSBIO, Shanghai Biyuntian Biotechnology Co., Ltd., Beijing Baiolaibo Technology Co., Ltd., HiMedia, and Biological Industries.
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