Published by Coherent Market Insights
Posted on October 1, 2021
5 min readLast updated: February 1, 2026
The Cell Banking Outsourcing Market is set for steady growth, driven by stem cell therapies and healthcare advancements, despite high storage costs.
A cell bank, also known as a blood bank, is a facility that stores cells of certain specific genetic makeup for medical needs or experimental treatment. They usually contain large numbers of primary cell material which is used for many different projects. These projects can range from studying the properties of new medicines to finding out the structure of DNA in humans. There are many uses for a cell bank and they are constantly in need of additional staff and funding.
Many research facilities across the world utilize cell banking. This is particularly true for those involved with studying diseases that have no cure at the moment. In such cases, it is necessary to test samples of cells to ensure that they are normal before initiating treatments or trying to find out how they might affect the human body in general. These banks also make it easier for research scientists to collect these cells and make them available for testing purposes. It is also useful for those who work with diagnosing cancer patients, as it helps them find out what is going on with their patients and how these cells may affect them.
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The increasing number of cell therapies in the world is the main factor that is driving the growth of the global cell banking outsourcing market. For instance, according to Parent’s Guide to Cord Blood Foundation, expects that the total inventory unit of family cord blood banks in the globe is around 6.75 million. Stem cell therapies are used for treating over 100 diseases. Moreover, the increasing adoption of acquisitions and collaboration strategies by key market players along with increasing development and research in several therapy areas such as treating immunotherapy are being used for the treatment of critical diseases such as cancer are also fueling the growth of the global cell banking outsourcing market.
In the case of HIV patients who often suffer from what is known as opportunistic infections that target the immune system as they attempt to fight off the infection. If the immune system is strong, it can easily fend off these viruses, but it becomes weaker when it is already infected. Cell banking allows doctors to store healthy cells, so when they are needed, they can be immediately rushed to a patient’s location. However, the high cost of storing these cells in various cell banks is the main challenge that is faced by the global cell banking outsourcing market.
With the increased expansion of blood banks in the region, North America is witnessing high demand in the global cell banking outsourcing market. For instance, according to LifebankUSA, there 20 public cord blood banks in the United States. Moreover, the increasing advancements in the healthcare sector are also aiding the market growth. Owing to these factors, there have been significant industrial developments in the global cell banking outsourcing market. For instance, in January 2018, Biotechnology firm LifeCell introduced a new community stem cell banking called Baby Cord Share in India.
Major Players in Cell Banking Outsourcing Market
Charles River Laboratories, Cryo-Cell International Inc., BioOutsource (Part of Sartorious Stedim Biotech Group)Ltd., BioReliance Corporation, BSL Bioservice Scientific Laboratories Munich GmbH, Cleancells, CordLife Group Ltd, Covance, Inc., Cryobanks International India, GlobalStem Inc., LifeCell International Pvt. Ltd., Goodwin Biotechnology Inc., Lonza. Additionally, PX’Therapeutics SA, Reliance Life Sciences, SGS Life Sciences, Texcell SA, Toxikon Corporation, Transcell Biologics Pvt. Ltd., and Wuxi Apptec.
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Why this is Important Report to you? It helps:
• To analyze and study the Global Cell Banking Outsourcing Market capacity, production, value, consumption, status Focuses on the Key Cell Banking Outsourcing manufacturers, to study the capacity, production, value, market share and development plans in future.
• Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis.
• To define, describe and forecast the market by type, application, and region.
• To analyze the global and key regions market potential and advantage, opportunity, and challenge, restraints, and risks.
• To identify significant trends and factors driving or inhibiting market growth.
• To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
• To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the Cell Banking Outsourcing Market.
• To strategically profile the key players and comprehensively analyze their growth strategies.
• It provides a forward-looking perspective on different factors driving or restraining Market growth.
• It provides a six-year forecast assessed on the basis of how the Market is predicted to grow.
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• It helps in making informed business decisions by having complete insights and by making an in-depth analysis of Market segment
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The post Cell Banking Outsourcing Market to Expand Steadily in the Coming Year | Charles River Laboratories, Cryo-Cell International, BioOutsource appeared first on Gatorledger.
The article discusses the growth and challenges of the Cell Banking Outsourcing Market.
Cell banking supports medical research and treatment by storing cells for future use.
The primary challenge is the high cost of storing cells in various banks.
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