Market Overview:
The global cell banking outsourcing market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for stem cells and non-stem cells for research and therapeutic purposes, rising number of cell therapy clinical trials, and growing focus on precision medicine. In addition, the increasing number of biotechnology and pharmaceutical companies is also contributing to the growth of this market. Based on type, the global cell banking outsourcing market can be segmented into stem cell banking, non-stem cell banking, and other types. The stem cell banking segment is expected to account for a major share of this market in 2018 owing to its growing application in regenerative medicine therapies. Geographically speaking, North America accounted for a major share of this market in 2017 due with its well-developed healthcare infrastructure and high adoption rateof advanced technologies&servicesinthelife sciencessector .
Product Definition:
Cell banking outsourcing refers to the process of contracting out the storage and maintenance of cells, tissues or organs. The importance of cell banking outsourcing lies in its ability to provide a secure and reliable storage facility for cells that can be used for a variety of purposes, including research, drug development and transplantation.
Stem Cell Banking:
Stem cell banking, also known as cell banking or stem cell collection, is the process of collecting and storing stem cells for future use. Stem cells are the body's most abundant biological tissue and can be found in various locations within the human body. The two main sources of adult stem cells are bone marrow and adipose tissue; both these tissues have different functions & properties making them useful for research purposes.
Non-stem Cell Banking:
Non-stem cell banking and its usage in stem cell banking outsourcing are the practices where a bank does not focus on collecting cells from umbilical cord, placenta, blood & tissue samples of adults but rather collects cells from early embryo development stages. These embryonic cells have the ability to develop into any type of body tissue or organ and this has led to their extensive use in research settings as well as therapeutic applications.
Application Insights:
The cell bank storage application segment dominated the global market in 2017. This is due to a large number of stem cell banks and growing demand for long-term storage solutions. For instance, as per the U.S. National Institutes of Health (NIH), there are more than 600 existing stem cell research programs across the globe that involve over 300,000 donors and have collected tissue samples from nearly 9 million individuals since 1980s.
Moreover, increasing adoption of banking technologies for non-stem cells such as induced pluripotent stem cells (iPSCs).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of players, high investment in R&D, and increasing demand for regenerative medicine. The U.S.-based companies are focusing on expanding their cell banking facilities outside the country owing to low cost and easy availability of resources such as animals and human tissue/organs.
Growth Factors:
- Increasing demand for cell banking services due to the increasing application of stem cells in regenerative medicine
- Growing number of biotechnology and pharmaceutical companies outsourcing their cell banking needs to third-party service providers
- Proliferation of private cord blood banks and rising awareness about the benefits of cord blood banking among parents
- Technological advancements in cell separation, cryopreservation, and storage technologies that are making it easier and more affordable to bank cells
- Rising healthcare expenditure by governments and individuals worldwide that is driving demand for advanced medical treatments such as stem cell therapies
Scope Of The Report
Report Attributes
Report Details
Report Title
Cell Banking Outsourcing Market Research Report
By Type
Stem Cell Banking, Non-stem Cell Banking, Cell Banking Outsourcin
By Application
Cell Bank Storage, Bank Characterization and Testing, Cell Bank Preparation
By Companies
SGS Life Sciences, Lonza, CCBC, Vcanbio, AMAG Pharmaceuticals, ViaCord, Thermo Fisher, Wuxi Apptec, CordLife, Esperite, Reliance Life Sciences, Lifecell, Cryo-Cell, Toxikon, Goodwin Biotechnology, Texcell, Cryo Stemcell, Cell Banking Outsourcin
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Cell Banking Outsourcing Market Report Segments:
The global Cell Banking Outsourcing market is segmented on the basis of:
Types
Stem Cell Banking, Non-stem Cell Banking, Cell Banking Outsourcin
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Cell Bank Storage, Bank Characterization and Testing, Cell Bank Preparation
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SGS Life Sciences
- Lonza
- CCBC
- Vcanbio
- AMAG Pharmaceuticals
- ViaCord
- Thermo Fisher
- Wuxi Apptec
- CordLife
- Esperite
- Reliance Life Sciences
- Lifecell
- Cryo-Cell
- Toxikon
- Goodwin Biotechnology
- Texcell
- Cryo Stemcell
- Cell Banking Outsourcin
Highlights of The Cell Banking Outsourcing Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Stem Cell Banking
- Non-stem Cell Banking
- Cell Banking Outsourcin
- By Application:
- Cell Bank Storage
- Bank Characterization and Testing
- Cell Bank Preparation
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cell Banking Outsourcing Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Cell banking outsourcing is a process where banks outsource the management and storage of their cell phone data to third-party service providers. This allows banks to focus on their core businesses while relying on the service providers to manage and store the data.
Some of the major players in the cell banking outsourcing market are SGS Life Sciences, Lonza, CCBC, Vcanbio, AMAG Pharmaceuticals, ViaCord, Thermo Fisher, Wuxi Apptec, CordLife, Esperite, Reliance Life Sciences, Lifecell, Cryo-Cell, Toxikon, Goodwin Biotechnology, Texcell, Cryo Stemcell, Cell Banking Outsourcin.
The cell banking outsourcing market is expected to grow at a compound annual growth rate of 10.8%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cell Banking Outsourcing Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cell Banking Outsourcing Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cell Banking Outsourcing Market - Supply Chain
4.5. Global Cell Banking Outsourcing Market Forecast
4.5.1. Cell Banking Outsourcing Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cell Banking Outsourcing Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cell Banking Outsourcing Market Absolute $ Opportunity
5. Global Cell Banking Outsourcing Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cell Banking Outsourcing Market Size and Volume Forecast by Type
5.3.1. Stem Cell Banking
5.3.2. Non-stem Cell Banking
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cell Banking Outsourcing Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cell Banking Outsourcing Market Size and Volume Forecast by Application
6.3.1. Cell Bank Storage
6.3.2. Bank Characterization and Testing
6.3.3. Cell Bank Preparation
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cell Banking Outsourcing Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cell Banking Outsourcing Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cell Banking Outsourcing Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cell Banking Outsourcing Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cell Banking Outsourcing Demand Share Forecast, 2019-2029
9. North America Cell Banking Outsourcing Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cell Banking Outsourcing Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cell Banking Outsourcing Market Size and Volume Forecast by Application
9.4.1. Cell Bank Storage
9.4.2. Bank Characterization and Testing
9.4.3. Cell Bank Preparation
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cell Banking Outsourcing Market Size and Volume Forecast by Type
9.7.1. Stem Cell Banking
9.7.2. Non-stem Cell Banking
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cell Banking Outsourcing Demand Share Forecast, 2019-2029
10. Latin America Cell Banking Outsourcing Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cell Banking Outsourcing Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cell Banking Outsourcing Market Size and Volume Forecast by Application
10.4.1. Cell Bank Storage
10.4.2. Bank Characterization and Testing
10.4.3. Cell Bank Preparation
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cell Banking Outsourcing Market Size and Volume Forecast by Type
10.7.1. Stem Cell Banking
10.7.2. Non-stem Cell Banking
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cell Banking Outsourcing Demand Share Forecast, 2019-2029
11. Europe Cell Banking Outsourcing Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cell Banking Outsourcing Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cell Banking Outsourcing Market Size and Volume Forecast by Application
11.4.1. Cell Bank Storage
11.4.2. Bank Characterization and Testing
11.4.3. Cell Bank Preparation
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cell Banking Outsourcing Market Size and Volume Forecast by Type
11.7.1. Stem Cell Banking
11.7.2. Non-stem Cell Banking
11.8. Basis Point Shre (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cell Banking Outsourcing Demand Share, 2019-2029
12. Asia Pacific Cell Banking Outsourcing Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cell Banking Outsourcing Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cell Banking Outsourcing Market Size and Volume Forecast by Application
12.4.1. Cell Bank Storage
12.4.2. Bank Characterization and Testing
12.4.3. Cell Bank Preparation
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cell Banking Outsourcing Market Size and Volume Forecast by Type
12.7.1. Stem Cell Banking
12.7.2. Non-stem Cell Banking
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cell Banking Outsourcing Demand Share, 2019-2029
13. Middle East & Africa Cell Banking Outsourcing Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cell Banking Outsourcing Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cell Banking Outsourcing Market Size and Volume Forecast by Application
13.4.1. Cell Bank Storage
13.4.2. Bank Characterization and Testing
13.4.3. Cell Bank Preparation
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cell Banking Outsourcing Market Size and Volume Forecast by Type
13.7.1. Stem Cell Banking
13.7.2. Non-stem Cell Banking
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cell Banking Outsourcing Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Cell Banking Outsourcing Market: Market Share Analysis
14.2. Cell Banking Outsourcing Distributors and Customers
14.3. Cell Banking Outsourcing Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SGS Life Sciences
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lonza
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CCBC
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Vcanbio
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. AMAG Pharmaceuticals
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ViaCord
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Thermo Fisher
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Wuxi Apptec
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CordLife
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Esperite
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Reliance Life Sciences
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Lifecell
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Cryo-Cell
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Toxikon
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Goodwin Biotechnology
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Texcell
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Cryo Stemcell
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
