Global Cell Cryopreservation Market Size & Outlook

The cell cryopreservation industry worldwide is expected to reach a projected revenue of US$ 35,028.5 million by 2030. A compound annual growth rate of 20.6% is expected of the worldwide cell cryopreservation industry from 2024 to 2030.
Revenue, 2023 (US$M)
$9,440.6
Forecast, 2030 (US$M)
$35,028.5
CAGR, 2024 - 2030
20.6%
Report Coverage
Worldwide

Global cell cryopreservation market, 2018-2030 (US$M)

Global cell cryopreservation market highlights

  • The global cell cryopreservation market generated a revenue of USD 9,440.6 million in 2023 and is expected to reach USD 35,028.5 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 20.6% by 2030.
  • In terms of segment, consumables accounted for a revenue of USD 3,848.3 million in 2023.
  • Freezing Media is the most lucrative product segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, Thailand is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 9,440.6 million
Market revenue in 2030USD 35,028.5 million
Growth rate20.6% (CAGR from 2023 to 2030)
Largest segmentConsumables
Fastest growing segmentFreezing Media
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFreezing Media, Equipment, Consumables

Other key industry trends

  • In terms of revenue, the North America accounted for 40.3% of the global cell cryopreservation market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, Thailand is the fastest growing regional market and is projected to reach USD 104.0 million by 2030.

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Cell Cryopreservation Market Companies

Name Profile # Employees HQ Website

Global cell cryopreservation 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 cryopreservation market will help companies and investors design strategic landscapes.


Consumables was the largest segment with a revenue share of 40.76% in 2023. Horizon Databook has segmented the Global cell cryopreservation market based on freezing media, equipment, consumables covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Cell Cryopreservation Product Outlook (Revenue, USD Million, 2018-2030)
    • Freezing Media
      • Dimethyl Sulfoxide
      • Glycerol
      • Ethylene Glycol
      • Others
    • Equipment
      • Freezers
      • Liquid Nitrogen Supply Tanks
      • Incubators
    • Consumables
      • Cryogenic Vials
      • Cryogenic Tubes
      • Cooler Boxes/Conatiners
      • Others
  • Global Cell Cryopreservation Application Outlook (Revenue, USD Million, 2018-2030)
    • Stem Cells
    • Oocytes and Embryotic cells
    • Sperm Cells
    • Hepatocytes
    • Others
  • Global Cell Cryopreservation End Use Outlook (Revenue, USD Million, 2018-2030)
    • Biopharmaceutical & Pharmaceutical Companies
    • Research Institutes
    • Biobanks
    • IVF clinics
    • Others

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

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Global cell cryopreservation market report size, by regions, 2018-2030 (US$M)

Top 10 countries: Cell cryopreservation market report size, 2023 (US$M)

Global cell cryopreservation market report share, by product, 2023 & 2030 (%, US$M)

Cell cryopreservation market: Opportunity assessment by country

Global cell cryopreservation market, by region, 2023 (US$M)

Global cell cryopreservation market report size, by regions, 2018-2030 (US$M)

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