Cell Banking Outsourcing Market by Type (Working Cell Banking, Master Cell Banking), Cell Type (Non-stem Cell, Stem Cell), Phase (Bank Characterization & Testing, Bank Preparation), and by Region - Global Forecast to 2022-2033

The cell banking outsourcing market size is estimated to be USD 9,911.3 million in 2022 and is expected to witness a CAGR of 16.54% during the forecast period 2023-2033. The rising advancements of cryopreservation and cell bank preparation techniques, surging use of stem cell therapies, growing adoption for monoclonal antibodies, and efficient biopharmaceuticals. are factors contributing to the market growth. Furthermore, collaboration of key competitors and expanding older population is projected to propel the market growth. However, lack of knowledge about stem cell preservation, ethical concerns, and the increasing cost of cell banking in some developing nations is expected to hinder the growth.

Expanding older population is expected to spur the market. It is predicted that rising biopharmaceutical manufacturing and rising demand for stem cell therapy will drive the expansion of the worldwide cell banking outsourcing market. The demand for stem cell therapy among the elderly population worldwide is fairly high. Therefore, the expanding elderly population worldwide is also anticipated to have a significant impact on the market’s expansion. The number and percentage of the geriatric population—those adults 60 years of age and older—in the population is growing, according to data from the World Health Organization (WHO).There were 1 billion older people worldwide in 2019. This number is anticipated to increase to 1.4 billion by 2030 and to 2.1 billion by 2050.

The key competitors in the market are collaborating together on research projects to convert newborn stem cells from umbilical cord blood and tissue into iPSCs. Over the course of the projection period, these collaborations are also anticipated to fuel market expansion. For instance, Opsis Therapeutics, FUJIFILM Cellular Dynamics, and Blue Rock Therapeutics collaborated on strategic research and development to develop cell treatments for the treatment of eye diseases in May 2021. These companies will apply their knowledge to create pre-made iPSCs that can treat eye diseases.

Segmentation

 

By Type

The market is categorized into working cell banking, master cell banking, and viral cell banking. In 2022, the master cell banking accounted for the highest revenue share due to the fact that it is essential for the development and use of functional cell banks. They are preserved for a substantially longer period of time, which also encourages the use of high-grade cryopreservation techniques and tools, thus boosting the segment’s revenue base. Additionally, master cell banks are beneficial in a wide range of research and development areas related to gene and stem cell therapies. A major factor anticipated to drive the growth of this market during the forecast period is the rise in autoimmune diseases and cancer cases that can be treated with medicines combined with regenerative medicine.

By Cell Type

The market is categorized into non-stem cell and stem cell. In the global market, the stem cell segment accounted for the largest revenue share in 2022 owing to rise in research and development efforts related to stem cell applications. In contrast to somatic cells that have been retained for uses like tissue engineering and IPS cell development, stem cells can be extracted from cord blood, embryonic, adult, dental, and IPS cells. The expansion of this market sector is driven by an increase in research and development projects related to stem cell applications. For instance, American CryoStem and BioTherapeutic Labs Corp. worked together in February 2021 to advance stem cell research and development.

By Phase

The market is segmented into bank characterization & testing, bank preparation and bank storage. In 2022, the bank storage segment accounted for the largest revenue share owing to advanced preservation requirements that are required for the appropriate maintenance of either master or operational banks. Cryopreservation methods with the newest technology are also anticipated to propel this market’s expansion throughout the course of the projected year. For instance, Creative Biogene provides its clients with a comprehensive bank characterization service to ensure the biosafety and management of biotechnological and biological products. Bank characterization is projected to contribute to the lucrative expansion of the industry during the forecast period due to the presence of market players engaged in offering outsourcing services for bank characterization.

Regional Markets

 

In 2022, North America region accounted for the highest revenue in the cell banking outsourcing market and is expected to maintain its dominance during the forecast period. This is attributed to the presence of several R&D facilities and the rising prevalence of metabolic disorders including Parkinson’s, Alzheimer’s, and various other forms of cancers. The organisational diversity in the healthcare system of North America is also driven by the rapid growth in the formation of financial services, an indication of rapid change. Asia Pacific is anticipated to increase significantly during the predicted period. Pharmaceutical firms, which are concentrating their efforts on the sizable and largely untapped populations in Asia, are to responsible for this exponential CAGR. Strong investments in the biotechnology sector and low cost of clinical trials are anticipated to drive this region’s market expansion. Aiming to provide academics, researchers, and industry experts with a forum to present their work and discuss breakthroughs and advancements in stem cell, the International Conference on Stem Cell Research and Therapy was held in China in May 2022. It is projected that discussions and support for stem cell research by corporate and public groups will contribute to the expansion of this sector.

Competitor Insights

Some of the key players operating in the cell banking outsourcing market are Goodwin Biotechnology Inc., BioReliance, BioOutsource (Sartorious), Covance, Cryo-Cell International, Inc, BSL Bioservice, Charles River Laboratories, Global Stem Inc., Lonza, and SGS Life Sciences.

To increase their market position, key companies in this market are implementing several strategies into practise, such as alliances formed through mergers and acquisitions, geographic expansion, and strategic collaborations.

  • For instance, Duke University and Cryo-Cell International, Inc., the first private cord blood bank in the world, agreed into a collaborative licence deal in February 2021. The business aims to grow its key business segments through this agreement.

This comprehensive research report focuses on the global and regional market size and forecasts of diverse segments including type, cell type, and phase from 2023 to 2033.

Report Scope:

Key Parameters Details
Market size in 2022
  • USD 9,911.3 Million
CAGR
  • 16.54%
Base Year
  • 2022
Forecast Period
  • 2023-2033
Study Coverage
  • Global and regional market size and revenue forecast
  • Segment market size and revenue forecast at global, regional, and country level
  • Competitive landscape (company share analysis, company profiles, recent development, competitive map analysis)
  • Conclusion and recommendations
Qualitative Analysis
  • Market drivers
  • Market restraints
  • Market opportunities
  • Recent market trends
  • Market challenges
  • Porter’s Five Forces analysis
  • PEST analysis
  • COVID-19 impact analysis
Segment Market Scope
  • Type
  • Cell Type
  • Phase
Regional Market Scope
  • North America
    (U.S. and Canada)
  • Europe
    (Germany, France, UK, Spain, Italy, Russia, Rest of Europe)
  • Asia Pacific
    (China, Japan, India, Australia, South Korea, Rest of APAC)
  • Latin America
    (Brazil, Mexico, Argentina, Rest of LATAM)
  • MEA
    (South Africa, GCC, Rest of MEA)
Company Profiles
  • Exhaustive profiles of top 10 players
  • Other major players listing
15% Free Customization Available
  • You can customize the study scope to meet your exact requirement. Click here for more details

Segmentation: Cell Banking Outsourcing Market Report 2022 – 2033

Type (Revenue, USD Million), 2022 – 2033

  • Working Cell Banking
  • Master Cell Banking
  • Viral Cell Banking

Cell Type (Revenue, USD Million), 2022 – 2033

  • Non-stem Cell
  • Stem Cell
    • Embryonic Stem Cell Banking
    • IPS Stem Cell Banking
    • Cord Cell Banking
    • Adult Stem Cell Banking
    • Dental Stem Cell Banking

Phase (Revenue, USD Million), 2022 – 2033

  • Bank Characterization & Testing
    • Karyology Testing
    • Safety Testing
    • Gene Sequencing Testing
    • Gene Expression Testing
  • Bank Preparation
    • Working Cell Bank Preparation
    • Master Cell Bank Preparation
  • Bank Storage
    • Working Cell Bank Storage
    • Cell Storage Stability Testing
    • Master Cell Bank Storage

By Region (Revenue, USD Million), 2022 – 2033

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of LATAM
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • Rest of MEA

Table of Contents: Cell Banking Outsourcing Market 2022-2033

  1. Research Methodology
    1. Study Objectives
    2. Study Scope
    3. Research Framework
      1. Research Cell Models
        1. Bottom-up Approach
        2. Top-down Approach
        3. Data Triangulation
      2. Data Analysis
        1. Data Validation
        2. Market Size Estimation
        3. Market Forecast Cell Model
  1. Introduction: Cell Banking Outsourcing
  2. Executive Summary
  3. Market Dynamics
    1. Market Drivers
      1. Driver 1
      2. Driver 2
      3. Driver 3
      4. Driver 4
    2. Market Restraint
      1. Restraint 1
      2. Restraint 2
      3. Restraint 3
    3. Market Opportunities
      1. Opportunity 1
      2. Opportunity 2
      3. Opportunity 3
    4. Market Trends
      1. Trend 1
      2. Trend 2
      3. Trend 3
    5. Market Challenges
      1. Challenge 1
      2. Challenge 2
      3. Challenge 3
  1. Market Environment Analysis
    1. Porter’s 5 Forces Analysis
    2. PESTEL Analysis
    3. SWOT Analysis
  2. COVID-19 Impact Analysis: Cell Banking Outsourcing Market
  3. Market Analysis by Type
    1. Working Cell Banking
      1. Working Cell Banking Market Forecast, 2022-2033(USD Million)
    2. Master Cell Banking
      1. Master Cell Banking Market Forecast, 2022-2033(USD Million)
    3. Viral Cell Banking    
      1. Viral Cell Banking Market Forecast, 2022-2033(USD Million)
  1. Market Analysis by Cell Type
    1. Non-stem Cell
      1. Non-stem Cell Market Forecast, 2022-2033(USD Million)
    2. Stem Cell  
      1. Stem Cell Market Forecast, 2022-2033(USD Million)
        1. Embryonic Stem Cell Banking
          1. Embryonic Stem Cell BankingMarket Forecast, 2021-2029 (USD Million)
        2. IPS Stem Cell Banking
          1. IPS Stem Cell BankingMarket Forecast, 2021-2029 (USD Million)
        3. Cord Cell Banking
          1. Cord Cell BankingMarket Forecast, 2021-2029 (USD Million)
        4. Adult Stem Cell Banking
          1. Adult Stem Cell BankingMarket Forecast, 2021-2029 (USD Million)
        5. Dental Stem Cell Banking
          1. Dental Stem Cell BankingMarket Forecast, 2021-2029 (USD Million)
  1. Market Analysis by Phase
    1. Bank Characterization & Testing
      1. Bank Characterization & Testing Market Forecast, 2022-2033(USD Million)
        1. Karyology Testing
          1. Karyology TestingMarket Forecast, 2021-2029 (USD Million)
        2. Safety Testing
          1. Safety TestingMarket Forecast, 2021-2029 (USD Million)
        3. Gene Sequencing Testing
          1. Gene Sequencing TestingMarket Forecast, 2021-2029 (USD Million)
        4. Gene Expression Testing
          1. Gene Expression TestingMarket Forecast, 2021-2029 (USD Million)
        5. Bank Preparation
          1. Bank PreparationMarket Forecast, 2022-2033 (USD Million)
            1. Working Cell Bank Preparation
              1. Working Cell Bank PreparationMarket Forecast, 2021-2029 (USD Million)
            2. Master Cell Bank Preparation
              1. Master Cell Bank PreparationMarket Forecast, 2021-2029 (USD Million)
            3. Bank Preparation
              1. Bank PreparationMarket Forecast, 2022-2033 (USD Million)
                1. Working Cell Bank Storage
                  1. Working Cell Bank StorageMarket Forecast, 2021-2029 (USD Million)
                2. Cell Storage Stability Testing
                  1. Cell Storage Stability TestingMarket Forecast, 2021-2029 (USD Million)
                3. Master Cell Bank Storage
                  1. Master Cell Bank StorageMarket Forecast, 2021-2029 (USD Million)
  1. Regional Market Analysis
    1. Regional Market Trends Analysis
  2. North America Cell Banking Outsourcing Market
    1. North America Cell Banking Outsourcing Market
      1. North America Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Type, 2022-2033(USD Million)
        2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
        3. Market Size and Forecast by Phase, 2022-2033(USD Million)
      2. S. Cell Banking Outsourcing Market
        1. S. Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Type, 2022-2033(USD Million)
          2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
          3. Market Size and Forecast by Phase, 2022-2033(USD Million)
        2. Canada Cell Banking Outsourcing Market
          1. Canada Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Type, 2022-2033(USD Million)
            2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
            3. Market Size and Forecast by Phase, 2022-2033(USD Million)
  1. Europe Cell Banking Outsourcing Market
    1. Europe Cell Banking Outsourcing Market
      1. Europe Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Type, 2022-2033(USD Million)
        2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
        3. Market Size and Forecast by Phase, 2022-2033(USD Million)
      2. Germany Cell Banking Outsourcing Market
        1. Germany Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Type, 2022-2033(USD Million)
          2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
          3. Market Size and Forecast by Phase, 2022-2033(USD Million)
        2. UK Cell Banking Outsourcing Market
          1. UK Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Type, 2022-2033(USD Million)
            2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
            3. Market Size and Forecast by Phase, 2022-2033(USD Million)
          2. France Cell Banking Outsourcing Market
            1. France Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Type, 2022-2033(USD Million)
              2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
              3. Market Size and Forecast by Phase, 2022-2033(USD Million)
            2. Spain Cell Banking Outsourcing Market
              1. Spain Market Size and Forecast, 2022-2033(USD Million)
                1. Market Size and Forecast by Type, 2022-2033(USD Million)
                2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
                3. Market Size and Forecast by Phase, 2022-2033(USD Million)
              2. Italy Cell Banking Outsourcing Market
                1. Italy Market Size and Forecast, 2022-2033(USD Million)
                  1. Market Size and Forecast by Type, 2022-2033(USD Million)
                  2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
                  3. Market Size and Forecast by Phase, 2022-2033(USD Million)
                2. Rest of Europe Cell Banking Outsourcing Market
                  1. Rest of Europe Market Size and Forecast, 2022-2033(USD Million)
                    1. Market Size and Forecast by Type, 2022-2033(USD Million)
                    2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
                    3. Market Size and Forecast by Phase, 2022-2033(USD Million)
  1. Asia Pacific Cell Banking Outsourcing Market
    1. Asia Pacific Cell Banking Outsourcing Market
      1. Asia Pacific Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Type, 2022-2033(USD Million)
        2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
        3. Market Size and Forecast by Phase, 2022-2033(USD Million)
      2. Japan Cell Banking Outsourcing Market
        1. Japan Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Type, 2022-2033(USD Million)
          2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
          3. Market Size and Forecast by Phase, 2022-2033(USD Million)
        2. China Cell Banking Outsourcing Market
          1. China Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Type, 2022-2033(USD Million)
            2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
            3. Market Size and Forecast by Phase, 2022-2033(USD Million)
          2. India Cell Banking Outsourcing Market
            1. India Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Type, 2022-2033(USD Million)
              2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
              3. Market Size and Forecast by Phase, 2022-2033(USD Million)
            2. South Korea Cell Banking Outsourcing Market
              1. South Korea Market Size and Forecast, 2022-2033(USD Million)
                1. Market Size and Forecast by Type, 2022-2033(USD Million)
                2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
                3. Market Size and Forecast by Phase, 2022-2033(USD Million)
              2. Australia Cell Banking Outsourcing Market
                1. Australia Market Size and Forecast, 2022-2033(USD Million)
                  1. Market Size and Forecast by Type, 2022-2033(USD Million)
                  2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
                  3. Market Size and Forecast by Phase, 2022-2033(USD Million)
                2. Rest of Asia Pacific Cell Banking Outsourcing Market
                  1. Rest of Asia Pacific Market Size and Forecast, 2022-2033(USD Million)
                    1. Market Size and Forecast by Type, 2022-2033(USD Million)
                    2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
                    3. Market Size and Forecast by Phase, 2022-2033(USD Million)
  1. Latin America Cell Banking Outsourcing Market
    1. Latin America Cell Banking Outsourcing Market
      1. Latin America Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Type, 2022-2033(USD Million)
        2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
        3. Market Size and Forecast by Phase, 2022-2033(USD Million)
      2. Brazil Cell Banking Outsourcing Market
        1. Brazil Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Type, 2022-2033(USD Million)
          2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
          3. Market Size and Forecast by Phase, 2022-2033(USD Million)
        2. Mexico Cell Banking Outsourcing Market
          1. Mexico Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Type, 2022-2033(USD Million)
            2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
            3. Market Size and Forecast by Phase, 2022-2033(USD Million)
          2. Argentina Cell Banking Outsourcing Market
            1. Argentina Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Type, 2022-2033(USD Million)
              2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
              3. Market Size and Forecast by Phase, 2022-2033(USD Million)
            2. Rest of Latin America Cell Banking Outsourcing Market
              1. Rest of Latin America Market Size and Forecast, 2022-2033(USD Million)
                1. Market Size and Forecast by Type, 2022-2033(USD Million)
                2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
                3. Market Size and Forecast by Phase, 2022-2033(USD Million)
  1. MEA Cell Banking Outsourcing Market
    1. MEA Cell Banking Outsourcing Market
      1. MEA Market Size and Forecast, 2022-2033(USD Million)
        1. Market Size and Forecast by Type, 2022-2033(USD Million)
        2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
        3. Market Size and Forecast by Phase, 2022-2033(USD Million)
      2. GCC Cell Banking Outsourcing Market
        1. GCC Market Size and Forecast, 2022-2033(USD Million)
          1. Market Size and Forecast by Type, 2022-2033(USD Million)
          2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
          3. Market Size and Forecast by Phase, 2022-2033(USD Million)
        2. South Africa Cell Banking Outsourcing Market
          1. South Africa Market Size and Forecast, 2022-2033(USD Million)
            1. Market Size and Forecast by Type, 2022-2033(USD Million)
            2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
            3. Market Size and Forecast by Phase, 2022-2033(USD Million)
          2. Rest of MEA Cell Banking Outsourcing Market
            1. Rest of MEA Market Size and Forecast, 2022-2033(USD Million)
              1. Market Size and Forecast by Type, 2022-2033(USD Million)
              2. Market Size and Forecast by Cell Type, 2022-2033(USD Million)
              3. Market Size and Forecast by Phase, 2022-2033(USD Million)
  1. Competitor Analysis
    1. Market Share Analysis, 2022
    2. Major Recent Developments, 2019-2022
  2. Company Profiles
    1. Goodwin Biotechnology Inc.
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    2. BioReliance
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    3. BioOutsource (Sartorious)
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    4. Covance
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    5. Cryo-Cell International, Inc
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    6. BSL Bioservice
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    7. Charles River Laboratories
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    8. Global Stem Inc.
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    9. Lonza
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    10. SGS Life Sciences
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    11. Company 11
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    12. Company 12
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    13. Company 13
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    14. Company 14
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
    15. Company 15
      1. Company Snapshot
      2. Company Overview
      3. Financial Analysis
      4. Product Benchmarking
      5. Recent Developments
  1. Conclusion
  2. Recommendations

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