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Download Free sampleThe global Cell Freezing Media for Cell Therapy market was valued at 56.39 Million USD in 2021 and will grow with a CAGR of 13.6% from 2021 to 2027, based on newly published report.
The prime objective of Cell Freezing Media for Cell Therapy Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Cell Freezing Media for Cell Therapy Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Cell freezing medium is a complete cell freezing media for mammalian cell cultures.Most classic formulations of cell freezing media containing dimethyl sulfoxide (DMSO) as the active freezing agent. However, since it is known that DMSO is a mutagen and carcinogen, DMSO-free formulations are becoming popular for stem cell applications. This is an especially critical consideration for cells being used in translational research or clinical applications. Moreover, media formulations that are manufactured under GMP compliance and have drug-master files registered with government regulatory agencies provide added value for regenerative medicine use. Market competition is intense. BioLife Solutions, Thermo Fisher Scientific, Merck, GE Healthcare, Zenoaq, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers. The Top 5 manufacturers occupied 87.85% of global market share in 2019.
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