Canada Cell Banking Outsourcing Market Size & Outlook

The cell banking outsourcing market in Canada is expected to reach a projected revenue of US$ 3,816.4 million by 2030. A compound annual growth rate of 16.7% is expected of Canada cell banking outsourcing market from 2023 to 2030.
Revenue, 2022 (US$M)
$1,107.7
Forecast, 2030 (US$M)
$3,816.4
CAGR, 2023 - 2030
16.7%
Report Coverage
Canada

Canada cell banking outsourcing market highlights

  • The Canada cell banking outsourcing market generated a revenue of USD 1,107.7 million in 2022 and is expected to reach USD 3,816.4 million by 2030.
  • The Canada market is expected to grow at a CAGR of 16.7% from 2023 to 2030.
  • In terms of segment, master cell banking was the largest revenue generating type in 2022.
  • Working Cell Banking is the most lucrative type segment registering the fastest growth during the forecast period.

Cell banking outsourcing market data book summary

Market revenue in 2022USD 1,107.7 million
Market revenue in 2030USD 3,816.4 million
Growth rate16.7% (CAGR from 2023 to 2030)
Largest segmentMaster cell banking
Fastest growing segmentWorking Cell Banking
Historical data2018 - 2021
Base year2022
Forecast period2023 - 2030
Quantitative unitsRevenue in USD million
Market segmentationMaster Cell Banking, Working Cell Banking, Viral Cell Banking
Key market players worldwideSartorius Stedim Biotech SA, BSL-BIOSERVICE Scientific Laboratories GmbH, Cryo-Cell International Inc, Charles River Laboratories International Inc, LifeCell International, Lonza Group Ltd, SGS AG, NAMSA

Other key industry trends

  • In terms of revenue, Canada accounted for 10.5% of the global cell banking outsourcing market in 2022.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In North America, U.S. cell banking outsourcing market is projected to lead the regional market in terms of revenue in 2030.
  • Canada is the fastest growing regional market in North America and is projected to reach USD 3,816.4 million by 2030.

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Cell Banking Outsourcing Market Companies

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Canada cell banking outsourcing market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cell banking outsourcing market will help companies and investors design strategic landscapes.


Master cell banking was the largest segment with a revenue share of 64.45% in 2022. Horizon Databook has segmented the Canada cell banking outsourcing market based on master cell banking, working cell banking, viral cell banking covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Canada cell banking outsourcing market databook

  • Our clientele includes a mix of cell banking outsourcing market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
  • The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.

Horizon Databook provides a detailed overview of country-level data and insights on the Canada cell banking outsourcing market, including forecasts for subscribers. This country databook contains high-level insights into Canada cell banking outsourcing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Canada cell banking outsourcing market size, by type, 2018-2030 (US$M)

Canada Cell Banking Outsourcing Market Share, 2022 & 2030 (US$M)

Canada cell banking outsourcing market size, by type, 2018-2030 (US$M)

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