Cell Banking Outsourcing Market to Grow with a CAGR of 16.91% through 2030
Increasing prevalence of
fatal chronic diseases will drive global cell banking outsourcing market in the
forecast period, 2026-2030.
According to TechSci Research report, “Cell Banking Outsourcing Market - Global
Industry Size, Share, Trends, Opportunity, and Forecast, 2030”, the Global Cell Banking Outsourcing Market was valued at USD 11.54 billion in 2024 and is expected to reach USD 29.47 billion by 2030 with a CAGR of 16.91% during the forecast period. The
rise in number of patients suffering from chronic disorders, rise in geriatric
population, and growing awareness among parental population are the primary
factors driving the demand for the global cell banking outsourcing market. Extensive
investments in research and development (R&D) activities for better
treatment of diseases, rise in research activities related to stem cell
applications, development of advanced preservation techniques, and rise in adoption
of collaboration and acquisition strategies which is expected to influence the
market growth in upcoming years.
However, the high
operating cost of stem cell therapeutics, availability of right donors,
stringent regulatory standards, risk associated with cell line banking, and
ethical concerns may restrain the global Cell Banking Outsourcing market growth
in the forecast period.
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The global cell banking
outsourcing market is segmented into type, cell type, phase, regional distribution and company.
Based on Cell Type, Stem Cell Banking shows the fastest growth in the Global Cell Banking Outsourcing Market. This acceleration is driven by the rising adoption of regenerative medicine, cell-based therapies, and personalized medicine solutions that heavily rely on stem cells as a therapeutic foundation. Stem cells, due to their ability to self-renew and differentiate into multiple cell types, are considered a cornerstone in treating chronic and rare diseases such as Parkinson’s disease, Alzheimer’s, spinal cord injuries, cardiovascular disorders, and various cancers. Governments worldwide are increasingly supporting stem cell research and banking initiatives, thereby accelerating demand. For example, the U.S. National Institutes of Health (NIH) allocated over USD 2 billion annually toward stem cell and regenerative medicine research in 2023, highlighting its growing importance in public health innovation. Similarly, countries in the Asia Pacific region, such as Japan, China, and South Korea, have introduced favorable policies for stem cell clinical trials and commercialization, making stem cell banking an attractive investment area. Japan’s Ministry of Health, Labour and Welfare (MHLW) has streamlined regulatory pathways for regenerative medicine under the Act on the Safety of Regenerative Medicine, allowing faster approval of stem cell-based therapies.
Based on the Region, Asia Pacific shows the fastest growth in the Global Cell Banking Outsourcing Market. This rapid expansion is primarily driven by increasing healthcare investments, rising prevalence of chronic and genetic diseases, and the growing adoption of advanced therapies such as stem cell transplantation, regenerative medicine, and personalized treatment approaches. Countries like China, India, South Korea, Japan, and Singapore are emerging as key hubs for cell banking services due to their expanding biotechnology infrastructure, favorable government policies, and cost-effective outsourcing capabilities. For instance, China has established national stem cell banks and allocated significant funding for regenerative medicine under its “Made in China 2025” initiative, while Japan has prioritized cell-based therapies through its fast-track regulatory framework for regenerative medicine, encouraging private and public partnerships.
Major companies operating
in Global Cell Banking Outsourcing Market are:
- Cryo-Cell International, Inc
- Charles River Laboratories International, Inc.
- Goodwin Biotechnology Inc.
- Lonza Group AG
- SGS Life Sciences (SGS SA)
- Global Stem Inc.
- BSL Bioservice Scientific Laboratories GmbH
- BioReliance Corporation
- Bio Outsource (Sartorious)
- Wuxi AppTec
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“The North America region dominates the market and is expected to maintain its
dominance in the coming years due to presence of advanced healthcare facilities
and growing network of stem cell banking services across the region. The
increasing number of pharmaceutical companies & manufacturers, recent
technological developments in the arena of stem cell collection and
preservation techniques, growing awareness for the use of stem cells as
therapeutics, rising production of antibiotics, vaccines, and therapeutic
proteins, and high healthcare expenditure in the region are expected to propel the
global cell banking outsourcing market till 2030” said Mr. Karan Chechi,
Research Director of TechSci Research, a research based global management
consulting firm.
“Cell Banking Outsourcing
Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Type (Master Cell Banking, Working Cell Banking, Viral
Cell Banking), By Cell Type (Stem Cell v/s Non-Stem Cell), By Phase (Bank
Storage, Bank Characterization & Testing, Bank Preparation), By Region and Competition, 2020-2030F”, has evaluated the future growth potential of global cell banking outsourcing
and provides statistics
& information on market size, structure, and future market growth. The
report intends to provide cutting-edge market intelligence and help decision
makers take sound investment decisions. Besides, the report also identifies and
analyzes the emerging trends along with essential drivers, challenges, and
opportunities in global cell banking outsourcing market.
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