Healthcare and Medical

The Global Cryopreservation Equipment Market Growth Accelerated By Growing Stem Cell Research

Ashish Thapa

The Global Cryopreservation Equipment Market Growth Accelerated By Growing Stem Cell Research

Cryopreservation equipment is widely used for preserving various biospecimens such as cells, tissues, reproductive cells, and stem cells through ultralow temperatures. The equipment comprises accessories to freeze and thaw biospecimens safely and securely with minimal cell damage. Stem cell research has witnessed significant growth over the past few years to understand the therapeutic potential of stem cells in treating chronic diseases. According to a recent report, around 800 clinical trials using stem cells were ongoing worldwide in 2020. The increasing R&D investments to harness the medical applications of stem cells is propelling the demand for cryopreservation equipment for long-term preservation of valuable stem cell lines.

The global Cryopreservation Equipment Market is estimated to be valued at US$ 9059.28 Mn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.

Market key trends:

The growing stem cell research has emerged as a key trend fueling the cryopreservation equipment market growth over the forecast period. With promising stem cell therapies for diseases including cancer, cardiovascular disorders, and neurodegenerative conditions in clinical trials, researchers are focusing on developing innovative stem cell preservation techniques. This is promoting innovations in cryopreservation equipment, such as containers with advanced freezing and warming capabilities. Market players are also undertaking partnerships with research institutions to develop personalized cryopreservation solutions tailored for specific stem cell lines. For instance, in 2022, Thermo Fisher Scientific partnered with the International Stem Cell Banking Initiative to expand stem cell biobanking globally using its cryopreservation systems. Such developments are expected to boost the cryopreservation equipment demand from stem cell research organizations.

Segment Analysis

The global cryopreservation equipment market is dominated by the consumables segment. Consumables such as cryogenic vials and cryopreservation bags constitute a significant part of the overall equipment needed for cryopreservation processes. Their frequent procurement and replacement drives the demand higher for consumables compared to equipment. Cryopreservation requires consumables to be used for storage and transportation of biological specimens such as blood, plasma, sperms, embryos, cells and tissues. This increases their importance and makes the consumables segment the major revenue generating segment.

Key Takeaways

The global Cryopreservation Equipment Market Share is estimated to be valued at US$ 9059.28 Mn in 2023 and is expected to exhibit a CAGR of 11% over the forecast period 2023 to 2030.

Regional analysis: North America dominates the global market and is expected to continue its dominance during the forecast period. This is attributed to well-established healthcare infrastructure, growing biotechnology and biopharmaceutical industries and rising stem cell research activities in the region.

Key players: Key players operating in the cryopreservation equipment market are Thermo Fisher Scientific Inc., Merck KGaA, Charter Medicals, Nikkiso Cryo Inc., and Cryologic Pty. Ltd. Thermo Fisher Scientific Inc. offers products under the brand names Thermo ScientificTM, PHCbiTM, NalgeneTM, CorningTM, and SpetecTM. Merck KGaA offers cryopreservation equipment through its life science business unit.

Explore more trending article on this topic: https://www.newsanalyticspro.com/cryopreservation-equipment-market-growth-trends-and-forecast-analysis/

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Ashish Thapa

The global Cryopreservation Equipment Market Growth Accelerated by increasing fertility treatments and stem cell therapies

Dhanesha Patil 2023-12-26

The global Cryopreservation Equipment Market is estimated to be valued at US$ 9059. Segment Analysis The global cryopreservation equipment market is dominated by equipment used for cryopreservation of stem cells, which accounts for over 33% share of the overall market. Key Takeaways The global Cryopreservation Equipment Market Demand is expected to witness high over the forecast period of 2023 to 2030. Regional analysis North America currently dominates the global cryopreservation equipment market supported by growing stem cell research and biobanking activities in the region. The United States accounts for the major share in the North American as well as global cryopreservation equipment market.

Cryopreservation Equipment Market Will Grow At Highest Pace Owing To Increase In Stem Cell Banking Services

Poonam 2024-02-15

The cryopreservation equipment market comprises equipment that is used for cryopreservation of biological samples like stem cells, sperms, eggs, embryos, blood, and other organs for long term storage at very low temperature. The Global Cryopreservation Equipment Market is estimated to be valued at US$ 10436. Key Takeaways Key players operating in the cryopreservation equipment are Thermo Fisher Scientific, Inc. Impact of COVID-19 on Cryopreservation Equipment Market The COVID-19 pandemic has significantly impacted the growth of the cryopreservation equipment market. North America currently accounts for the largest share of the cryopreservation equipment market in terms of value due to high biomedical research investments and established presence of key industry players.

Cryopreservation Equipment Market Growth, Report by 2031

Nirbhay Prakashan 2024-02-15

IVF process requires cryopreservation equipment to preserve eggs and sperm, thereby creating the need for cryopreservation equipment. Governments are also initiating awareness campaigns regarding the benefits of cryopreservation and providing funds to support research and development in cryopreservation technologies, further expanding the global cryopreservation equipment market. Due to this, the number of IVF procedures is increasing, which is further responsible for increased demand of cryopreservation equipment, thereby accelerating the growth of the global cryopreservation equipment market. These technological advancements can bring revolutionary approach in cryopreservation techniques and escalate growth of the global cryopreservation equipment market. Report Scope“Cryopreservation Equipment Market Assessment, Opportunities, and Forecast, 2017-2031F”, is a comprehensive report by Markets and data, providing in-depth analysis and qualitative and quantitative assessment of the current state of the global cryopreservation equipment market, industry dynamics, and challenges.

What is Cryopreservation Equipment?

Ben Wood 2023-02-27

This technology has revolutionized the field of medicine and biology, allowing for the storage of biological samples for research, organ transplantation, and fertility preservation. Both types of equipment require precise temperature control and monitoring to ensure the viability of the samples. Additionally, the use of robotics and automation has greatly improved the efficiency and consistency of cryopreservation procedures. In summary, the advancements in cryopreservation equipment have greatly improved the efficiency and reliability of this technique, making it a valuable tool for various applications, including assisted reproductive technologies, organ transplantation, and biomedical research. The use of vitrification, advanced imaging and analysis techniques, and automation has addressed many of the challenges associated with cryopreservation, and further research and development in this field is likely to lead to even more improvements in the future.

Stem Cell Cryopreservation Equipment Market Professional Survey Report

akshay dalvi 2019-10-15

The global Stem Cell Cryopreservation Equipments market was valued at million US$ in 2018 and will reach million US$ by the end of 2025, growing at a CAGR of during 2019–2025.This report focuses on Stem Cell Cryopreservation Equipments volume and value at global level, regional level and company level.

From a global perspective, this report represents overall Stem Cell Cryopreservation Equipments market size by analyzing historical data and future prospect.Regionally, this report categorizes the production, apparent consumption, export and import of Stem Cell Cryopreservation Equipments in North America, Europe, China, Japan, Southeast Asia and India.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-stem-cell-cryopreservation-equipment-2019-312For each manufacturer covered, this report analyzes their Stem Cell Cryopreservation Equipments manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.The following manufacturers are covered:ChartWorthington IndustriesCesca TherapeuticsShengjie Cryogenic EquipmentSichuan Mountain VerticalQingdao BeolSegment by RegionsNorth AmericaEuropeChinaJapanSoutheast AsiaIndiaSegment by TypeLiquid PhaseVapor PhaseSegment by ApplicationCord Blood Stem Cell CryopreservationOther Stem Cell CryopreservationGet the Complete Report & TOC @ https://www.grandresearchstore.com/manufacturing-and-construction/global-stem-cell-cryopreservation-equipment-2019-312Table of contentExecutive Summary1 Industry Overview of Stem Cell Cryopreservation Equipments1.1 Definition of Stem Cell Cryopreservation Equipments1.2 Stem Cell Cryopreservation Equipments Segment by Type1.2.1 Global Stem Cell Cryopreservation Equipments Production Growth Rate Comparison by Types (2014–2025)1.2.2 Liquid Phase1.2.3 Vapor Phase1.3 Stem Cell Cryopreservation Equipments Segment by Applications1.3.1 Global Stem Cell Cryopreservation Equipments Consumption Comparison by Applications (2014–2025)1.3.2 Cord Blood Stem Cell Cryopreservation1.3.3 Other Stem Cell Cryopreservation1.4 Global Stem Cell Cryopreservation Equipments Overall Market1.4.1 Global Stem Cell Cryopreservation Equipments Revenue (2014–2025)1.4.2 Global Stem Cell Cryopreservation Equipments Production (2014–2025)1.4.3 North America Stem Cell Cryopreservation Equipments Status and Prospect (2014–2025)1.4.4 Europe Stem Cell Cryopreservation Equipments Status and Prospect (2014–2025)1.4.5 China Stem Cell Cryopreservation Equipments Status and Prospect (2014–2025)1.4.6 Japan Stem Cell Cryopreservation Equipments Status and Prospect (2014–2025)1.4.7 Southeast Asia Stem Cell Cryopreservation Equipments Status and Prospect (2014–2025)1.4.8 India Stem Cell Cryopreservation Equipments Status and Prospect (2014–2025)2 Manufacturing Cost StCONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170 / +91 8087042414Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/grand-research-store/

Cryopreservation Media Market Size, Drivers, Restraints Challenges, and Growth Opportunities Till 2027

Afshasheikh07 2021-12-23

The Cryopreservation Media Market Report, in its latest update, highlights the significant impacts and the recent strategical changes under the present socio-economic scenario. Get | Download FREE Sample Report of Global Cryopreservation Media Market @ https://www. Which regional Cryopreservation Media market shows the highest growth CAGR between 2022 to 2027? What are the opportunities and challenges currently faced by the Cryopreservation Media market? Purchase the Complete Global Cryopreservation Media Market Research Report @ https://www.

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