The global stem cell banking market value was USD 6.21 Billion in 2024, driven by the increasing cases of chronic diseases, improving healthcare infrastructure, increasing geriatric population, and the rising disposable incomes. The market size is anticipated to grow at a CAGR of 17.20% during the forecast period of 2025-2034 to achieve a value of USD 30.36 Billion by 2034.
Base Year
Historical Period
Forecast Period
Value in USD Billion
2025-2034
Stem Cell Banking Market Outlook
*this image is indicative*
Based on product type, the adult stem cells segment accounts for a significant share in the industry. This can be attributed to the advantages offered by adult stem cells like their ability to repair damaged tissues through cell division, high acceptance in the human body and effectiveness in tissue generation, and ease of harvesting, among others.
Geographically, North America leads the global market for stem cell banking. This can be attributed to the presence of advanced medical infrastructure and the increased government funding for stem cell research in the region. Additionally, the increased consumer awareness regarding the therapeutic benefits of stem cells is further aiding the market growth in the region. Meanwhile, the Asia Pacific is expected to witness a robust growth in the forecast period owing to the growing research activities in the region, coupled with the presence of a large pool of patient.
Stem Cell Banking Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Breakup by Services Type
Breakup by Product
Breakup by Utilization
Breakup by Bank Type
Breakup by Applications
Breakup by Region
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The advancements in the field of medicine and the development of novel technologies for preservation, processing, and storage of stem cells are driving the growth of the stem cell banking industry. Moreover, increasing cases of chronic diseases around the globe is resulting in increased demand for advanced medical technologies, which is further contributing to the industry growth. Other factors like the improving healthcare infrastructure, increasing geriatric population, and the rising disposable incomes are also favouring the market growth.
Over the forecast period, increasing R&D activities and the growing government initiatives to instill awareness about the therapeutic potentials of stem cells are expected to further accelerate the market growth.
The report gives a detailed analysis of the following key players in the global stem cell banking market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global market for stem cell banking attained a value of USD 6.21 Billion in 2024.
The market is anticipated to grow at a CAGR of 17.20% during the forecast period of 2025-2034 to reach a value of USD 30.36 Billion by 2034.
The major drivers of the market include increasing cases of chronic diseases, improving healthcare infrastructure, increasing geriatric population, and the rising disposable incomes.
Growing emphasis on research and development by key players and the growing government initiatives to instil awareness about the therapeutic potentials of stem cells are the key industry trends propelling the growth of the market.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific, with the North America accounting for the largest share.
The service types include sample preservation and storage, sample analysis, sample processing, sample collection and transportation, among others.
Adult stem cells are the largest product type segments of stem cell banking.
The segments based on utilisation are used and unused.
The bank types of stem cell banking are public and private.
The diverse applications for market are clinical, personalised banking, and research, among others.
The major players in the industry are Cryo-Cell International, Inc., Smart Cells International Ltd., CSG-BIO Company, Inc., CBR Systems Inc., ViaCord, LLC, and LifeCell International Pvt. Ltd. among others.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2024 |
| Historical Period | 2018-2024 |
| Forecast Period | 2025-2034 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Source |
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| Breakup by Product |
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| Breakup by Bank Type |
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| Breakup by Services Type |
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| Breakup by Utilization |
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| Breakup by Applications |
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| Breakup by Region |
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| Market Dynamics |
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| Supplier Landscape |
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| Companies Covered |
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-723-689-1189
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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