The Cryopreservation Equipment Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Cryopreservation Equipment Market?
The market size of cryopreservation equipment has been rapidly expanding in recent years. Originally valued at $9.52 billion in 2024, it is expected to rise to a valuation of $11.01 billion in 2025. This increase represents a compound annual growth rate (CAGR) of 15.7%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Cryopreservation Equipment Industry?
The Cryopreservation Equipment Global Market is projected to expand to a size of $19.55 billion by the year 2029. The market is expected to grow at a compound annual growth rate (CAGR) of 15.4%.
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What are the Key Growth Drivers Fueling the Cryopreservation Equipment Market?
The key drivers in the cryopreservation equipment market are:
• Rising demand for regenerative medicines propelling market growth
• Use of cryopreservation equipment in providing long-term solutions by repairing, replacing, or regenerating damaged tissues or organs
• Ability of cryopreservation equipment to maintain long-term storage of vital biological materials without loss of viability
• Clinical trials including gene therapies, cell therapies, and tissue-engineered products supporting the expansion of regenerative medicine
Global Market Segmentation: Identifying Major Cryopreservation Equipment Industry Segments
The cryopreservation equipment market covered in this report is segmented –
1) By Type: Freezers, Incubators, Sample Preparation Systems, Accessories
2) By Application: Cord Blood Stem Cells, Sperms, Semen And Testicular Tissues, Embryos And Oocytes, Other Applications
3) By End User: Stem Cells Banks, Biotechnology And Pharmaceutical Organizations, Contract Research Organizations, Stem Cell Research Laboratories, Research And Academic Institutes
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What are the Emerging Trends Shaping the Future of the Cryopreservation Equipment Market?
The key trends in the cryopreservation equipment market are:
• There's a growing emphasis on developing innovative solutions such as one-stop hubs for cell and gene therapy in the cryopreservation equipment market.
• Companies are prioritizing improvements in streamlining the preservation, storage, and transport of biological materials to enhance process efficiency.
• The concept of rapid commercialization of advanced therapies is also shaping the market trends.
• The standardization of cryopreservation of specific materials, like leukapheresis, is another emerging trend in the industry.
Who Are the Top Competitors & Leading Players in the Cryopreservation Equipment Market?
Major players in the cryopreservation equipment market are:
• Thermo Fisher Scientific Inc.
• Linde LLC
• Danaher Corporation
• Merck KGaA
• Avantor Inc.
• Beckman Coulter Inc.
• PHC Corporation
• Chart Biomedical Co. Ltd.
• Hamilton Company
• Azenta Life Sciences
• Cryoport Systems Inc.
• Chemglass Life Sciences Inc.
• BioLife Solutions Inc.
• Charter Medicals
• Planer PLC
• CellBios Healthcare and Lifesciences Pvt. Ltd.
• Antech Group Inc.
• Cryologic Pty. Ltd.
• Bluechiip Ltd.
• Haimen United Laboratory Equipment Development Co. Ltd.
Regional Dominance: Which Area Leads the Global Cryopreservation Equipment Market?
North America was the largest region in the cryopreservation equipment market in 2024
