Global Cryogenic Freezers Market 2023-2027
The cryogenic freezers market is forecasted to grow by USD 148.21 mn during 2022-2027, accelerating at a CAGR of 7.2% during the forecast period. The report on the cryogenic freezers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing demand from healthcare industry, favorable government support and increase in funding, and growing use of cryogenic freezers in drug research and development.
Technavio's cryogenic freezers market is segmented as below:
By Type
- Tunnel freezer
- IQF freezer
- Immersion freezer
- Spiral freezer
- Others
By End-user
- Hospitals and blood centers
- Biotechnology companies
- Academic and research institutions
- Others
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the increasing mergers and acquisition (M and A) and collaboration as one of the prime reasons driving the cryogenic freezers market growth during the next few years. Also, increasing demand for stem cell cryopreservation and technological advancements in cryogenic freezer design will lead to sizable demand in the market.
The report on the cryogenic freezers market covers the following areas:
- Cryogenic freezers market sizing
- Cryogenic freezers market forecast
- Cryogenic freezers market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cryogenic freezers market vendors that include Air Water Inc., ARCTIKO AS, Aucma Co. Ltd, Avantor Inc., Azenta Inc., BioLife Solutions Inc., Chart Industries Inc., Eppendorf SE, Froilabo, Haier Biomedical, Helmer Scientific Inc., Messer SE and Co. KGaA, PHC Holdings Corp., Scientific Research Instruments Co Pvt Ltd, Stericox India Pvt. Ltd., Taylor Wharton, Thermo Fisher Scientific Inc., ZHONGKE MEILING CRYOGENICS CO. LTD., and ACMAS Technologies Pvt. Ltd.. Also, the cryogenic freezers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.