Global Cell Cryopreservation Market Size & Outlook

The global cell cryopreservation market size was estimated at USD 3,384.0 million in 2024 and is projected to reach USD 8,861.4 million by 2033, growing at a CAGR of 11.4% from 2025 to 2033.
Revenue, 2024 (US$M)
$3,384.0
Forecast, 2033 (US$M)
$8,861.4
CAGR, 2025 - 2033
11.4%
Report Coverage
Worldwide

Global cell cryopreservation market, 2021-2033 (US$M)

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Global cell cryopreservation market highlights

  • The global cell cryopreservation market generated a revenue of USD 3,384.0 million in 2024 and is expected to reach USD 8,861.4 million by 2033.
  • The market is expected to grow at a CAGR (2025 - 2033) of 11.4% by 2033.
  • In terms of segment, consumables accounted for a revenue of USD 1,567.5 million in 2024.
  • 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 2024.
  • Country-wise, India is expected to register the highest CAGR from 2025 to 2033.

Global data book summary

Market revenue in 2024USD 3,384.0 million
Market revenue in 2033USD 8,861.4 million
Growth rate11.4% (CAGR from 2025 to 2033)
Largest segmentConsumables
Fastest growing segmentFreezing Media
Historical data covered2021 - 2023
Base year for estimation2024
Forecast period covered2025 - 2033
Quantitative unitsRevenue in USD million
Market segmentationFreezing Media, Equipment, Consumables

Other key industry trends

  • In terms of revenue, the North America accounted for 40.5% of the global cell cryopreservation market in 2024.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
  • By country, India is the fastest growing regional market and is projected to reach USD 362.6 million by 2033.

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Cell Cryopreservation Market Companies

Name Profile # Employees HQ Website
HiMedia Laboratories View profile 501-1000 Mumbai, Maharashtra, India, Asia https://www.himedialabs.com/HML/Pages/default.aspx
Creative-Biolabs View profile 51-100 Shirley, New York, United States, North America https://www.creative-biolabs.com
BioLife Solutions Inc View profile 414 3303 Monte Villa Parkway, Suite 310, Bothell, WA, United States, 98021 https://www.biolifesolutions.com
PromoCell GmbH View profile 51-100 Heidelberg, Baden-Wurttemberg, Germany, Europe http://www.promocell.com/
Corning Inc View profile 49800 One Riverfront Plaza, Corning, NY, United States, 14831 https://www.corning.com
Sartorius AG View profile 14338 Otto-Brenner-Strasse 20, Gottingen, NI, Germany, 37079 https://www.sartorius.com
Thermo Fisher Scientific Inc View profile 122000 168 Third Avenue, Waltham, MA, United States, 02451 https://www.thermofisher.com
Lonza Group Ltd View profile 18000 Muenchensteinerstrasse 38, Basel, Switzerland, CH-4002 https://www.lonza.com
Merck KGaA View profile 62345 Frankfurter Strasse 250, Darmstadt, HE, Germany, 64293 https://www.emdgroup.com

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 46.32% in 2024. Horizon Databook has segmented the Global cell cryopreservation market based on freezing media, equipment, consumables covering the revenue growth of each sub-segment from 2021 to 2033.


  • Global Cell Cryopreservation Product Outlook (Revenue, USD Million, 2021-2033)
    • Freezing Media
      • Dimethyl Sulfoxide
      • Glycerol
      • Ethylene Glycol
      • Others Freezing Media
    • Equipment
      • Freezers
      • Liquid Nitrogen Supply Tanks
      • Incubators
    • Consumables
      • Cryogenic Vials
      • Cryogenic Tubes
      • Cooler Boxes/Conatiners
      • Others Consumables
  • Global Cell Cryopreservation Application Outlook (Revenue, USD Million, 2021-2033)
    • Stem Cells
    • Reproductive Cells
    • Bioproduction Cell Lines
    • Primary Cells
    • Others Application
  • Global Cell Cryopreservation End Use Outlook (Revenue, USD Million, 2021-2033)
    • Biopharmaceutical & Pharmaceutical Companies
    • Academic and Research Institutes
    • Biobanks
    • IVF clinics
    • Others End Use

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Target buyers of Global cell cryopreservation market databook

  • Our clientele includes a mix of cell cryopreservation 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.).
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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 2021 to 2033, including revenue numbers, major trends, and company profiles.

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Global cell cryopreservation market report size, by regions, 2021-2033 (US$M)

Top 10 countries: Cell cryopreservation market report size, 2024 (US$M)

Global cell cryopreservation market report share, by product, 2024 & 2033 (%, US$M)

Cell cryopreservation market: Opportunity assessment by country

Global cell cryopreservation market, by region, 2024 (US$M)

Global cell cryopreservation market report size, by regions, 2021-2033 (US$M)

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