Markntel Advisors’ report, Cryogenic Storage Equipment in Healthcare Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2029, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Cryogenic Storage Equipment in Healthcare presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.
Cryogenic Storage Equipment in Healthcare Market Research Report & Market Summary:
The Global Cryogenic Storage Equipment in Healthcare Market size is valued at around USD 2.01 billion in 2023 and is estimated to grow at a CAGR of about 8.01% during the forecast period, i.e., 2024-29. The increasing need for regenerative medicine in addressing chronic diseases like cancer, diabetes, and dialysis is a key driver propelling the market growth. This surge is primarily attributed to the preservation of crucial resources such as blood cords & stem cells, essential for treating these diseases, which necessitate storage at extremely low temperatures to maintain the authenticity of the treatment.
In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2025 to 2030, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.
If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/cryogenic-storage-equipment-healthcare-market.html
Cryogenic Storage Equipment in Healthcare Market Dynamics:
Key Driver-
Cell & Gene Therapies Storage Are Driving the Demand for Cryogenic Storage Equipment – The rising prevalence of chronic & autoimmune disease globally have been influencing the demand for cell & gene therapies for treatment, further driving the need for cryogenic storage equipment in the healthcare industry. This demand is primarily driven by the imperative to maintain the therapies at low temperatures to preserve their integrity & efficacy.
With the growing demand for cell therapies, numerous companies are actively working on creating new and inventive products that can fulfill the storage and transportation needs of these therapies while also ensuring their safety. These advancements in the safe processing and storage of cell therapies are poised to significantly boost the demand for cryogenic storage solutions in the market.
Cryogenic Storage Equipment in Healthcare Market Segmentation Analysis:
According to MarkNtel study the market is segmented into the following categories:
By Type
- Blood Refrigerators- Market Size & Forecast 2019-2029, (USD Million)
- Medical Freezers- Market Size & Forecast 2019-2029, (USD Million)
- Medical Cryopreservation Box- Market Size & Forecast 2019-2029, (USD Million)
- Liquid Nitrogen Tank -Market Size & Forecast 2019-2029, (USD Million)
- Others- Market Size & Forecast 2019-2029, (USD Million)
Medical freezers captured a considerable share of the Global Cryogenic Storage Equipment in the Healthcare Market in 2023. This is attributed to its rising demand from research labs and pharmaceutical companies for drug R&D.
By Temperature Range
- Low-temperature (-500C to -1500C)- Market Size & Forecast 2019-2029, (USD Million)
- Ultra Low-temperature (Below -1500C)- Market Size & Forecast 2019-2029, (USD Million)
By Equipment
- Tanks- Market Size & Forecast 2019-2029, (USD Million)
- Valves- Market Size & Forecast 2019-2029, (USD Million)
- Vaporizers- Market Size & Forecast 2019-2029, (USD Million)
- Pumps- Market Size & Forecast 2019-2029, (USD Million)
- Others- Market Size & Forecast 2019-2029, (USD Million)
By End User
- Hospitals- Market Size & Forecast 2019-2029, (USD Million)
- Medical Testing Centers – Market Size & Forecast 2019-2029, (USD Million)
- Disease Control & Prevention Centers- Market Size & Forecast 2019-2029, (USD Million)
- Biopharmaceutical- Market Size & Forecast 2019-2029, (USD Million)
- Others- Market Size & Forecast 2019-2029, (USD Million)
Biopharmaceutical companies would capture the potential share of the Global Cryogenic Storage Equipment in Healthcare Market during the forecast period. These companies are at the forefront of developing advanced therapies, including biologics, cell & gene therapies, and vaccines.
By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific.
The Asia-Pacific region is expected to dominate the Cryogenic Storage Equipment in Healthcare Market. The demand for cryogenic storage is driven by its burgeoning healthcare sector, the presence of significant industrial activities, and proactive government initiatives, making it the epicenter of growth.
As indicated in the latest market research report published by Markntel Advisors, “Cryogenic Storage Equipment in Healthcare Research Report: Forecast (2024-2029)”, this report offers a detailed analysis of the industry, featuring insights into the Cryogenic Storage Equipment in Healthcare industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.
Browse Full Report Along with TOC and Figures – https://www.marknteladvisors.com/research-library/cryogenic-storage-equipment-healthcare-market.html
Top Companies Operating in the Cryogenic Storage Equipment in Healthcare Market:
- Thermofisher Scientific Inc.
- PHC Corporation
- Vestfrost Solutions
- B Medical System
- Arctiko
- Haier Biomedical
- Eppendorf
- Helmer Scientific
- So-Low Environmental Equipment Co.
- Kirsch Medical
- LabCold
- Bioway Corporation
- Aucma International
- Lec Medical
- Felix Storch
*Reports Delivery Format – Market research studies from MarkNtel Advisors are offered in PDF, Excel, and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address*
Key Report Highlights:
- Market Dimensions & Projections
- Pricing Evaluation,
- Recent Strategic Moves by Companies,
- Primary Stakeholders,
- Analysis of Import and Export Trends,
- Competitive Landscape Assessment,
- Emerging Opportunities,
- Market Trends and Indicators
Note – If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.
Frequently Asked Questions (FAQs)-
- What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
- What are the trends influencing the current scenario of the market?
- What leading factors would propel and impede the industry across the geography?
- How has the industry been evolving in terms of geography & Cryogenic Storage Equipment in Healthcare Market adoption?
- How has the competition been shaping up across the geography?
- Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?
About Us –
We are a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
Contact Us –
Email: sales@marknteladvisors.com
Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511
Address Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India
