India Cell Freezing Media Market Size & Outlook, 2023-2030

The cell freezing media market in India is expected to reach a projected revenue of US$ 12.8 million by 2030. A compound annual growth rate of 11.2% is expected of India cell freezing media market from 2024 to 2030.
Revenue, 2023 (US$M)
$6.1
Forecast, 2030 (US$M)
$12.8
CAGR, 2024 - 2030
11.2%
Report Coverage
India

India cell freezing media market highlights

  • The India cell freezing media market generated a revenue of USD 6.1 million in 2023 and is expected to reach USD 12.8 million by 2030.
  • The India market is expected to grow at a CAGR of 11.2% from 2024 to 2030.
  • In terms of segment, dmso was the largest revenue generating product in 2023.
  • DMSO is the most lucrative product segment registering the fastest growth during the forecast period.

Cell freezing media market data book summary

Market revenue in 2023USD 6.1 million
Market revenue in 2030USD 12.8 million
Growth rate11.2% (CAGR from 2023 to 2030)
Largest segmentDmso
Fastest growing segmentDMSO
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationDMSO, Glycerol
Key market players worldwideThermo Fisher Scientific Inc, Merck KGaA, Sartorius AG, BioLife Solutions Inc, Bio-Techne Corp, HiMedia Laboratories, PromoCell GmbH, STEMCELL Technologies, Capricorn Scientific, Cell Applications, Inc., AMSBIO, BPS Bioscience Inc.

Other key industry trends

  • In terms of revenue, India accounted for 4.0% of the global cell freezing media market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China cell freezing media market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 17.2 million by 2030.

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Cell Freezing Media Market Companies

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India cell freezing media 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 freezing media market will help companies and investors design strategic landscapes.


Dmso was the largest segment with a revenue share of 50.82% in 2023. Horizon Databook has segmented the India cell freezing media market based on dmso, glycerol covering the revenue growth of each sub-segment from 2018 to 2030.


  • India Cell Freezing Media Product Outlook (Revenue, USD Million, 2018-2030)
    • DMSO
      • With Serum
      • Without Serum
    • Glycerol
      • With Serum
      • Without Serum
    • Others
  • India Cell Freezing Media Application Outlook (Revenue, USD Million, 2018-2030)
    • Stem Cell Lines
    • Cancer Cell Lines
    • Others
  • India Cell Freezing Media End Use Outlook (Revenue, USD Million, 2018-2030)
    • Pharmaceuticals and Biotechnology Companies
    • Research & Academic Institutes
    • Others

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

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India cell freezing media market size, by product, 2018-2030 (US$M)

India Cell Freezing Media Market Outlook Share, 2023 & 2030 (US$M)

India cell freezing media market size, by product, 2018-2030 (US$M)

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