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UK Cell Banking Outsourcing Market
ID: MRFR/HC/49573-HCR
200 Pages
May 2025
UK 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) andBy 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 &... read more
Industry Developments
The UK Cell Banking Outsourcing Market has witnessed notable developments recently. In September 2023, IBM announced an expansion of its services in the cell banking sector, focusing on advanced data analytics and cloud solutions to enhance efficiency for its clients. Additionally, in August 2023, Accenture completed an acquisition of a local technology firm specializing in cell banking solutions, strengthening its market position and service offerings. This follows a trend noted in 2022 when FIS launched a new suite of services tailored for UK banks, amid increased regulatory scrutiny and demand for robust data management solutions. The ongoing partnerships among companies like HCL Technologies and Cognizant highlight the growing collaboration within the market. The government of the UK has also emphasized the importance of digital transformation in banking, providing a favorable environment for growth in outsourcing services. The market is seeing a significant shift towards adopting cutting-edge technologies, positively impacting the valuations of key players such as Capgemini and TCS, both of which reported substantial growth in service contracts in Q1 2023. The convergence of technological advancements and regulatory compliance is shaping a dynamic landscape for cell banking outsourcing in the UK.
Report Scope
Report Scope:
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 44.97(USD Million) |
| MARKET SIZE 2024 | 52.12(USD Million) |
| MARKET SIZE 2035 | 198.19(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 12.91% (2025 - 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 | Sungard, Genpact, Atos, HCL Technologies, Accenture, Sopra Steria, TCS, DXC Technology, IBM, FIS, Infosys, Wipro, Capgemini, Cognizant, NCR Corporation |
| SEGMENTS COVERED | Bank Type, Cell Type, Application |
| KEY MARKET OPPORTUNITIES | Increased demand for personalized medicine, Growing investment in biotechnology firms, Expansion of regenerative medicine applications, Rising awareness of cell therapies, Advancement in storage technologies |
| KEY MARKET DYNAMICS | regulatory compliance requirements, increasing biotechnology investments, demand for personalized medicine, rise in tissue banking, advancements in cryopreservation techniques |
| COUNTRIES COVERED | UK |
FAQs
What is the expected market size of the UK Cell Banking Outsourcing Market in 2024?
The UK Cell Banking Outsourcing Market is expected to be valued at 52.12 million USD in 2024.
What will be the projected market value of the UK Cell Banking Outsourcing Market by 2035?
By 2035, the UK Cell Banking Outsourcing Market is projected to reach a value of 198.19 million USD.
What is the anticipated compound annual growth rate (CAGR) for the UK Cell Banking Outsourcing Market from 2025 to 2035?
The anticipated CAGR for the UK Cell Banking Outsourcing Market from 2025 to 2035 is 12.91%.
Which bank type segment has the highest projected value in the UK Cell Banking Outsourcing Market by 2035?
The Working Cell Banking segment is projected to have the highest value at 75.1 million USD by 2035.
What are the expected values for Master Cell Banking in 2024 and 2035?
The expected value for Master Cell Banking is 15 million USD in 2024 and 57.8 million USD by 2035.
Who are the key players in the UK Cell Banking Outsourcing Market?
The key players include Sungard, Genpact, Atos, and HCL Technologies among others.
What is the expected market size for Viral Cell Banking by 2035?
The expected market size for Viral Cell Banking is projected to be 65.29 million USD by 2035.
What will be the market value for Working Cell Banking in 2024?
The market value for Working Cell Banking is expected to reach 20 million USD in 2024.
What growth drivers are expected to influence the UK Cell Banking Outsourcing Market from 2025 to 2035?
Key growth drivers include increased demand for advanced biotechnologies and cost-effective solutions.
How does the UK Cell Banking Outsourcing Market compare regionally with other markets?
The UK Cell Banking Outsourcing Market is experiencing significant growth, positioning it as a key player in the global market.
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