The Global was valued at USD 242 million in 2024 and is projected to reach USD 570.62 million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 10.00% during the forecast period (2024–2032). This growth is being driven by the increasing demand for cell therapies, regenerative medicine, and the need for consistent, serum-free cryopreservation solutions across research and clinical applications.
As the biopharmaceutical and cell therapy industries continue to expand, the demand for reliable and standardized cryopreservation media has surged. In this blog, we profile the Top 10 Companies in the —a mix of established life science giants and specialized manufacturers driving innovation in cell preservation.
1. Thermo Fisher Scientific Inc.
Headquarters: Waltham, Massachusetts, USA
Key Offering: Gibco™ Cryopreservation Media, Gibco™ Recovery Cell Culture Freezing Media
Thermo Fisher Scientific is a global leader in life sciences, offering a comprehensive portfolio of cell culture and cryopreservation products. Their serum-free cryopreservation media are widely used in biobanking, cell therapy, and research applications, providing consistent performance and scalability.
Key Features:
- GMP-compliant formulations
- Designed for stem cell and primary cell cryopreservation
- Global distribution and technical support
Download FREE Sample Report: – View in Detailed Research Report
2. Merck KGaA
Headquarters: Darmstadt, Germany
Key Offering: MilliporeSigma CryoSure® Cryopreservation Media, Sigma-Aldrich portfolio
Merck KGaA offers a range of cryopreservation and cell culture products under its MilliporeSigma brand. Their CryoSure® media are optimized for mesenchymal stem cells (MSCs), immune cells, and other cell types, with formulations that are serum-free and animal component-free.
Key Features:
- GMP-grade, animal component-free formulations
- Designed for clinical and research applications
- Available in global markets
3. STEMCELL Technologies Inc.
Headquarters: Vancouver, Canada
Key Offering: STEM-CELLBANKer® and related cryopreservation solutions
STEMCELL Technologies specializes in cell separation, expansion, and cryopreservation products. Their STEM-CELLBANKer® range offers serum-free, chemically defined cryopreservation media designed for stem cell and primary cell applications.
Key Features:
- Ready-to-use, liquid format
- Xeno-free and animal component-free formulations
- Ideal for mesenchymal and hematopoietic stem cells
4. BioLife Solutions Inc.
Headquarters: Bothell, Washington, USA
Key Offering: HypoThermosol®, CryoStor®, BloodStor®
BioLife Solutions specializes in cell and gene therapy cryopreservation and storage products. Their CryoStor® platform includes serum-free, GMP-compliant cryopreservation media designed for cell therapies and regenerative medicine applications.
Key Features:
- ISO 9001:2015 certified manufacturing
- Designed for use in CAR-T, NK cell, and stem cell therapies
- Available in bulk formats
Download FREE Sample Report: – View in Detailed Research Report
5. Lonza Group Ltd.
Headquarters: Basel, Switzerland
Key Offering: Lonza Cryopreservation Media, Cell Cryopreservation Solutions
Lonza provides a range of cell therapy and bioprocessing solutions, including cryopreservation media designed for hematopoietic and mesenchymal stem cells. Their media are animal component-free and support clinical applications.
Key Features:
- GMP-compliant manufacturing
- Custom formulations available
- Global distribution network
6. FUJIFILM Irvine Scientific
Headquarters: Santa Ana, California, USA
Key Offering: CryoSpreservation Media, Cell Freezing Solutions
FUJIFILM Irvine Scientific offers a range of cell culture and cryopreservation media, including serum-free and animal component-free options. Their media are designed for stem cell therapy, cell banking, and regenerative medicine.
Key Features:
- Ready-to-use formulations
- Optimized for pluripotent stem cells
- Global availability
7. Zenoaq International
Headquarters: Tokyo, Japan
Key Offering: CellBanker® series and related products
Zenoaq is a Japanese company specializing in cell culture and cryopreservation products. Their CellBanker® range includes serum-free cryopreservation media that are popular in Asian markets for their stability and performance.
Key Features:
- High viability rates post-thaw
- Stable at -80°C and liquid nitrogen temperatures
- Available in Asia-Pacific and global markets
8. PromoCell GmbH
Headquarters: Heidelberg, Germany
Key Offering: CryoPreservation Media and Cell Freezing Media
PromoCell is a European provider of cell biology products, including serum-free cryopreservation media designed for primary cells and stem cells. Their products are widely used in academic and industrial research.
Key Features:
- Animal component-free formulations
- Optimized for endothelial and epithelial cells
- Competitively priced
9. HiMedia Laboratories
Headquarters: Mumbai, India
Key Offering: Cell Freezing Media, Cryopreservation Solutions
HiMedia is a leading Indian manufacturer of cell culture and microbiology products. Their cryopreservation media portfolio includes serum-free options developed for South Asian and Middle Eastern markets.
Key Features:
- Thermostable formulations
- Affordable pricing
- Broad compatibility with cell lines
10. Biological Industries Israel
Headquarters: Beit-Haemek, Israel
Key Offering: CryoPreserve® and related products
Biological Industries is a Middle Eastern manufacturer of cell culture and cryopreservation products. Their serum-free cryopreservation media are optimized for mesenchymal and embryonic stem cells.
Key Features:
- Animal component-free
- Stable under varied storage conditions
- Distributed in Europe and Middle East
Get Full Report Here: https://www.statsmarketresearch.com/Server-Automation-Market-912
🌍 Outlook: The Future of Serum-Free Cryopreservation Media Is Standardized and Scalable
The global serum-free cryopreservation media market is evolving rapidly, driven by the growth of cell and gene therapies, biobanking, and regenerative medicine. While traditional serum-containing media still find use in some applications, the shift toward serum-free, chemically defined, and animal component-free media is accelerating.
📈 Key Trends Shaping the Market:
- Rising demand for cell therapies requiring consistent cryopreservation
- Growth in biobanking and regenerative medicine driving demand for standardized media
- Regulatory agencies requiring animal component-free formulations for clinical applications
- Increasing preference for ready-to-use, GMP-compliant media in biomanufacturing
Get Full Report Here: https://www.statsmarketresearch.com/Server-Automation-Market-912
The companies listed above represent the forefront of innovation in cell cryopreservation, ensuring that cells, tissues, and advanced therapies can be stored and transported with maximum viability and functionality.