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India Cell Banking Outsourcing Market

ID: MRFR/LS/49578-HCR
200 Pages
Rahul Gotadki
October 2025

India Cell Banking Outsourcing Market Research Report By Bank Type (Master Cell Banking, Working Cell Banking, Viral Cell Banking), By Cell Type (Stem Cell Banking, Cord Stem Cell Banking, Embryonic Stem Cell Banking, Adult Stem Cell Banking, Dental Stem Cell Banking, IPS Stem Cell Banking, Non-Stem Cell Banking) and By Application (Cell Bank Storage, Master Cell Bank Storage, Working Cell Bank Storage, Cell Storage Stability Testing, Cell Bank Preparation, Master Cell Bank Preparation, Working Cell Bank Preparation, Bank Characterization &a... read more

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India Cell Banking Outsourcing Market Summary

As per MRFR analysis, the India cell banking-outsourcing market size was estimated at 525.08 USD Million in 2024. The India cell banking-outsourcing market is projected to grow from 586.62 USD Million in 2025 to 1777.6 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 11.72% during the forecast period 2025 - 2035.

Key Market Trends & Highlights

The India cell banking-outsourcing market is poised for substantial growth driven by technological advancements and increasing demand for biobanking services.

  • The demand for biobanking services is witnessing a notable increase, reflecting a broader trend in healthcare.
  • Technological advancements in sample management are enhancing operational efficiencies within the market.
  • Regulatory support for biobanking practices is fostering a more conducive environment for market growth.
  • Rising healthcare investments and growing research and development activities are key drivers propelling the market forward.

Market Size & Forecast

2024 Market Size 525.08 (USD Million)
2035 Market Size 1777.6 (USD Million)
CAGR (2025 - 2035) 11.72%

Major Players

Thermo Fisher Scientific (US), Merck KGaA (DE), Lonza Group (CH), Fujifilm Holdings Corporation (JP), Celerion (US), Cryoport Inc. (US), BioLife Sciences (US), Cell and Gene Therapy Catapult (GB)

India Cell Banking Outsourcing Market Trends

this market is currently experiencing notable growth, driven by increasing demand for biobanking services and advancements in biotechnology. This market encompasses the collection, processing, and storage of biological samples for research and therapeutic purposes. As the healthcare sector evolves, the need for reliable and efficient cell banking solutions becomes paramount. Organizations are increasingly outsourcing these services to specialized providers, allowing them to focus on core activities while ensuring high-quality sample management. This trend is further supported by regulatory frameworks that encourage biobanking practices, enhancing the overall landscape of the market. In addition, the rise of personalized medicine and regenerative therapies is propelling the cell banking-outsourcing market forward. Companies are recognizing the value of preserving diverse biological materials, which can be pivotal in developing tailored treatments. The collaboration between research institutions and commercial entities is fostering innovation, leading to improved methodologies in sample handling and storage. As the market continues to mature, it is likely to witness further integration of technology, enhancing operational efficiencies and expanding service offerings. Overall, the cell banking-outsourcing market appears poised for sustained growth, reflecting the dynamic nature of the life sciences sector.

Increased Demand for Biobanking Services

this market is witnessing a surge in demand for biobanking services. This trend is largely attributed to the growing emphasis on research and development in the life sciences sector. Organizations are increasingly recognizing the importance of preserving biological samples for future studies, which is driving the need for specialized outsourcing solutions.

Technological Advancements in Sample Management

Technological innovations are playing a crucial role in shaping the cell banking-outsourcing market. Enhanced storage techniques and automated sample processing systems are improving efficiency and reliability. These advancements enable organizations to manage large volumes of biological materials effectively, thereby attracting more clients to outsourcing services.

Regulatory Support for Biobanking Practices

Regulatory frameworks are evolving to support biobanking practices, which is positively impacting the cell banking-outsourcing market. Governments and industry associations are establishing guidelines that promote ethical sample collection and storage. This regulatory backing not only enhances trust among stakeholders but also encourages more organizations to adopt outsourcing solutions.

India Cell Banking Outsourcing Market Drivers

Expansion of Clinical Trials

The expansion of clinical trials in India is a crucial driver for the cell banking-outsourcing market. With the country emerging as a hub for clinical research, the number of clinical trials has increased significantly, with over 1,000 trials registered in 2025 alone. This growth necessitates the need for reliable biobanking services to provide the necessary biological samples for these trials. As pharmaceutical companies and research organizations seek to streamline their operations, outsourcing cell banking services becomes an attractive option. Thus, this market is likely to see increased demand as clinical trials continue to proliferate.

Rising Healthcare Investments

The cell banking-outsourcing market in India is experiencing a surge in healthcare investments, driven by both public and private sectors. The Indian government has been increasing its healthcare budget, which is projected to reach approximately $100 billion by 2025. This influx of capital is likely to enhance the capabilities of biobanks, enabling them to expand their services and improve sample management. Furthermore, private investments in biotechnology and healthcare startups are also on the rise, indicating a growing interest in innovative solutions. As a result, the cell banking-outsourcing market is poised for growth, with enhanced infrastructure and resources to support biobanking services.

Technological Innovations in Biobanking

Technological innovations are playing a pivotal role in shaping the cell banking-outsourcing market in India. The adoption of advanced technologies such as automated sample management systems and cryopreservation techniques is enhancing the efficiency and reliability of biobanking services. These innovations not only improve sample integrity but also reduce operational costs, making outsourcing more appealing to research organizations. As technology continues to evolve, it is expected that the cell banking-outsourcing market will benefit from increased efficiency and improved service offerings, ultimately leading to greater market growth.

Increased Awareness of Stem Cell Therapies

There is a growing awareness of stem cell therapies among healthcare professionals and patients in India, which is positively impacting the cell banking-outsourcing market. As more individuals become informed about the potential benefits of stem cell treatments, the demand for stem cell banking services is expected to rise. This trend is further supported by advancements in regenerative medicine and the increasing number of clinics offering stem cell therapies. Consequently, this market is likely to experience growth as more patients seek to store their stem cells for future use, thereby driving the need for specialized biobanking services.

Growing Research and Development Activities

this market is significantly influenced by the increasing research and development (R&D) activities in India. With a focus on personalized medicine and regenerative therapies, R&D investments are expected to grow at a CAGR of around 15% over the next few years. This trend is likely to drive demand for biobanking services, as researchers require access to high-quality biological samples for their studies. The collaboration between academic institutions and biobanks is also becoming more prevalent, facilitating the sharing of resources and expertise. Consequently, the cell banking-outsourcing market is set to benefit from these advancements in R&D.

Market Segment Insights

By Bank Type: Master Cell Banking (Largest) vs. Working Cell Banking (Fastest-Growing)

In the India cell banking-outsourcing market, the Master Cell Banking segment currently holds a dominant position due to its established processes and trusted reputation among banks. It accounts for a significant share of the overall market, driven by its extensive customer base and comprehensive service offerings. On the other hand, the Working Cell Banking segment, while smaller in size, is rapidly gaining traction among smaller banking institutions and fintech ventures, appealing due to its flexibility and adaptive solutions. Growth trends within the bank type segment indicate a robust shift towards innovative banking solutions, which are powered by technology advancements and changing customer expectations. The demand for agile and cost-effective solutions has propelled the Working Cell Banking segment into the spotlight, marking it as the fastest-growing category. This transformation is supported by an increasing reliance on digital platforms and a push for enhanced customer engagement strategies among banks.

Master Cell Banking (Dominant) vs. Working Cell Banking (Emerging)

Master Cell Banking is characterized by its well-structured processes and comprehensive service offerings that cater to the diverse needs of traditional banks. This segment benefits from a robust infrastructure and significant client loyalty, making it the dominant force in the market. Conversely, Working Cell Banking emerges as a flexible alternative that appeals to newer financial institutions and evolving banking models. It is designed to be adaptive and is increasingly favored for its cost-effectiveness and speed in responding to market dynamics. The distinct characteristics of these segments highlight the contrasting strategies adopted by banks in addressing consumer demands and market opportunities.

By Cell Type: Cord Stem Cell Banking (Largest) vs. Adult Stem Cell Banking (Fastest-Growing)

In the cell banking-outsourcing market, Cord Stem Cell Banking holds the largest market share, reflecting the growing demand for umbilical cord-derived stem cells due to their unique regenerative properties. Adult Stem Cell Banking is gaining traction as awareness of its potential in treating various ailments grows, leading to an increase in available services and growing consumer interest. The growth trends in this segment are significantly influenced by advancements in research and technology that are enhancing the applications of both Cord and Adult Stem Cell Banking. Factors such as rising healthcare awareness and an increasing number of successful clinical outcomes are driving investments in these areas. Furthermore, as public interest in alternative therapies rises, these segments are expected to grow robustly in the coming years.

Cord Stem Cell Banking (Dominant) vs. Adult Stem Cell Banking (Emerging)

Cord Stem Cell Banking is recognized as a dominant force due to its well-established practices and a robust market presence. It offers a reliable source of stem cells that are easily collected and stored with minimal risk, proving invaluable for regenerative medicine. In contrast, Adult Stem Cell Banking is emerging as a noteworthy alternative, leveraging the potential of stem cells derived from adult tissues. It is characterized by its applicability to a range of therapeutic options, making it appealing to those seeking innovative treatment methods. The growing recognition of the benefits of adult stem cells in clinical use underscores its rising popularity and scope within the India cell banking-outsourcing market, fostering a more competitive landscape.

By Application: Cell Bank Storage (Largest) vs. Cell Bank Preparation (Fastest-Growing)

Among the various applications in the India cell banking-outsourcing market, Cell Bank Storage holds the largest share due to its essential role in maintaining viable cell lines for research and clinical applications. Other significant applications include Cell Bank Preparation and various testing services that contribute to the overall functionality and reliability of cell banking processes. Growth trends indicate a robust increase in the demand for Cell Bank Preparation services, attributed to the rising adoption of cell therapies and regenerative medicine. This shift is facilitated by advancements in technology and regulatory support, promoting innovation and efficiency within the sector. Additionally, increased funding for research focusing on personalized medicine is set to drive growth across all application segments, particularly in testing and safety evaluation methodologies.

Cell Bank Storage (Dominant) vs. Cell Bank Preparation (Emerging)

Cell Bank Storage is recognized as the dominant segment in the market, providing crucial infrastructure for the long-term preservation of biological materials. This segment thrives on stringent quality control measures and adherence to regulatory standards, ensuring that cell lines remain viable and functional throughout their storage lifecycle. Conversely, Cell Bank Preparation is an emerging segment experiencing accelerated growth, driven by a surge in demand for customized cell products in therapeutic applications. This segment emphasizes the optimization of production processes and improvement in scalability, attracting investments and technological advancements. The interplay between these two segments highlights the evolving landscape of the India cell banking-outsourcing industry, where innovation and regulatory compliance play pivotal roles.

Get more detailed insights about India Cell Banking Outsourcing Market

Key Players and Competitive Insights

The cell banking-outsourcing market in India is characterized by a dynamic competitive landscape, driven by increasing demand for biobanking services and advancements in cell-based therapies. Key players such as Thermo Fisher Scientific (US), Merck KGaA (DE), and Lonza Group (CH) are strategically positioned to leverage their extensive portfolios and technological capabilities. These companies focus on innovation and regional expansion, which collectively enhance their competitive edge. For instance, Thermo Fisher Scientific (US) emphasizes its commitment to providing comprehensive solutions for cell banking, while Merck KGaA (DE) is known for its strong emphasis on research and development, particularly in cell and gene therapy applications.

The market structure appears moderately fragmented, with several players vying for market share. Key business tactics include localizing manufacturing and optimizing supply chains to enhance operational efficiency. This competitive structure allows for a diverse range of services and solutions, catering to the specific needs of clients in the biopharmaceutical sector. The collective influence of these major players shapes the market dynamics, fostering an environment conducive to innovation and collaboration.

In September 2025, Lonza Group (CH) announced a strategic partnership with a leading Indian biotechnology firm to enhance its cell banking capabilities in the region. This collaboration is expected to bolster Lonza's service offerings and expand its footprint in the rapidly growing Indian market. The strategic importance of this partnership lies in its potential to accelerate the development of advanced therapies, thereby positioning Lonza as a key player in the local biobanking landscape.

In October 2025, Cryoport Inc. (US) launched a new temperature-controlled logistics solution tailored for the Indian market. This initiative aims to address the specific challenges associated with the transportation of biological samples, ensuring compliance with stringent regulatory requirements. The introduction of this solution signifies Cryoport's commitment to enhancing operational efficiency and reliability in the cell banking sector, which is crucial for maintaining the integrity of biological materials.

Furthermore, in August 2025, Fujifilm Holdings Corporation (JP) expanded its biobanking services by acquiring a local biorepository in India. This acquisition is anticipated to strengthen Fujifilm's position in the market by providing access to a broader range of biological samples and enhancing its research capabilities. The strategic move underscores the growing trend of consolidation within the industry, as companies seek to enhance their service offerings and operational efficiencies.

As of November 2025, current competitive trends indicate a strong focus on digitalization, sustainability, and the integration of artificial intelligence in cell banking operations. Strategic alliances are increasingly shaping the landscape, enabling companies to pool resources and expertise. Looking ahead, competitive differentiation is likely to evolve, with a shift from price-based competition to a greater emphasis on innovation, technology, and supply chain reliability. This transition may redefine the parameters of success in the cell banking-outsourcing market, as companies strive to meet the evolving demands of the biopharmaceutical industry.

Key Companies in the India Cell Banking Outsourcing Market market include

Industry Developments

The India Cell Banking Outsourcing Market has seen notable developments recently, showcasing its robust growth trajectory. Companies like Genpact, HCL Technologies, and Accenture have been at the forefront of innovation, enhancing their service offerings to drive efficiency. In terms of mergers and acquisitions, TCS announced the acquisition of Wavelabs Technologies in March 2023, aiming to bolster its technological capabilities in banking solutions. Firstsource Solutions expanded its presence by acquiring a stake in a fintech startup in April 2023, enhancing its service portfolio while increasing customer outreach. 

The Indian government's push for digital initiatives has further accelerated growth in this sector, with a significant focus on improving customer experience and compliance in banking operations. Over the past two years, especially since 2021, Tech Mahindra and Infosys have reported a consistent increase in market valuations, attributed to the rise of digital banking platforms and the demand for enhanced customer support. These advancements indicate a dynamic landscape, driven by rapid technology adoption and strategic partnerships among key players like Cognizant, Mphasis, and Capgemini, emphasizing the importance of adapting to evolving market demands.

 

Future Outlook

India Cell Banking Outsourcing Market Future Outlook

The Cell Banking Outsourcing Market in India is projected to grow at 11.72% CAGR from 2024 to 2035, driven by technological advancements and increasing demand for biobanking services.

New opportunities lie in:

  • Expansion of automated cryopreservation systems for enhanced efficiency.
  • Development of niche biobanking services targeting rare diseases.
  • Strategic partnerships with research institutions for innovative cell therapies.

By 2035, the market is expected to achieve substantial growth, positioning itself as a leader in biobanking solutions.

Market Segmentation

India Cell Banking Outsourcing Market Bank Type Outlook

  • Master Cell Banking
  • Working Cell Banking
  • Viral Cell Banking

India Cell Banking Outsourcing Market Cell Type Outlook

  • Stem Cell Banking
  • Cord Stem Cell Banking
  • Embryonic Stem Cell Banking
  • Adult Stem Cell Banking
  • Dental Stem Cell Banking
  • IPS Stem Cell Banking
  • Non-Stem Cell Banking

India Cell Banking Outsourcing Market Application Outlook

  • Cell Bank Storage
  • Cell Bank Preparation
  • Bank Characterization & Testing
  • Viral Cell Bank Safety Testing
  • Microbial Cell Bank Safety Testing
  • Gene Expression Testing
  • Karyology Testing
  • Gene Sequencing Testing

Report Scope

MARKET SIZE 2024 525.08(USD Million)
MARKET SIZE 2025 586.62(USD Million)
MARKET SIZE 2035 1777.6(USD Million)
COMPOUND ANNUAL GROWTH RATE (CAGR) 11.72% (2024 - 2035)
REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
BASE YEAR 2024
Market Forecast Period 2025 - 2035
Historical Data 2019 - 2024
Market Forecast Units USD Million
Key Companies Profiled ["Thermo Fisher Scientific (US)", "Merck KGaA (DE)", "Lonza Group (CH)", "Fujifilm Holdings Corporation (JP)", "Celerion (US)", "Cryoport Inc. (US)", "BioLife Sciences (US)", "Cell and Gene Therapy Catapult (GB)"]
Segments Covered Bank Type, Cell Type, Application
Key Market Opportunities Growing demand for personalized medicine drives expansion in the cell banking-outsourcing market.
Key Market Dynamics Rising demand for personalized medicine drives growth in the cell banking-outsourcing market, enhancing competitive dynamics.
Countries Covered India

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FAQs

What is the expected market size of the India Cell Banking Outsourcing Market by 2035?

By 2035, the India Cell Banking Outsourcing Market is expected to be valued at approximately 1036.62 million USD.

What was the market size of the India Cell Banking Outsourcing Market in 2024?

In 2024, the market size of the India Cell Banking Outsourcing Market is anticipated to be around 86.88 million USD.

What is the projected Compound Annual Growth Rate (CAGR) for the India Cell Banking Outsourcing Market from 2025 to 2035?

The anticipated CAGR for the India Cell Banking Outsourcing Market from 2025 to 2035 is approximately 25.281 percent.

Which bank type segment in the India Cell Banking Outsourcing Market has the largest anticipated growth by 2035?

The Master Cell Banking segment is expected to grow significantly, reaching an estimated value of 366.15 million USD by 2035.

What are the key players in the India Cell Banking Outsourcing Market?

Major players in the India Cell Banking Outsourcing Market include Genpact, HCL Technologies, Accenture, and Tata Consultancy Services among others.

How much is the Working Cell Banking segment expected to be valued at in 2035?

The Working Cell Banking segment is projected to reach a value of approximately 312.63 million USD by 2035.

What are the expected challenges facing the India Cell Banking Outsourcing Market?

Key challenges may include evolving regulatory standards and the need for advanced technological integration.

What is the anticipated market value for the Viral Cell Banking segment by 2035?

The Viral Cell Banking segment is expected to attain a market value of around 357.84 million USD by 2035.

What opportunities exist in the India Cell Banking Outsourcing Market?

The market presents opportunities through advancements in cell banking technology and increasing demand for personalized healthcare solutions.

What impact do the current global conflicts have on the India Cell Banking Outsourcing Market?

Current global conflicts may create uncertainty that impacts investment and operational strategies within the India Cell Banking Outsourcing Market.

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