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Cryogenic Vials Market size to grow by USD 66.16 million from 2022 to 2027, North America to account for 36% of the market growth

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NEW YORK, May 12, 2023 /PRNewswire/ — The latest report on the cryogenic vials market, 2023-2027 estimates to register an incremental growth of USD 66.16 million, almost at a CAGR of 5.38% during the forecast period. The market is fragmented due to the presence of diversified international and regional vendors. The increasing adoption of cryopreservation procedures is a key factor driving the global cryogenic vials market growth. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. Request sample report 

Cryogenic Vials Market 2023-2027: Vendor Analysis

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market. Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Abdos Labtech Pvt. Ltd., AHN Biotechnologie GmbH, Avantor Inc., Azer Scientific Inc., Biologix Group Ltd., Brooks Automation Inc., Cole Parmer Instrument Co. LLC, Corning Inc., DWK Life Sciences GmbH, EZ BioResearch LLC, LVL Technologies GmbH and Co. KG, Merck KGaA, Narang Medical Ltd., Pioneer Impex, SARSTEDT AG and Co. KG, Starlab International GMBH, Sumitomo Bakelite Co. Ltd., Thermo Fisher Scientific Inc., Wuxi NEST Biotechnology Co. Ltd., and Ziath Ltd. are among some of the major market participants.

abdoslifesciences.com- The company offers cryogenic vials such as Freezing Tubes, Cryo Vial External Thread, and Cryo Coders for External and Internal Threaded Vials.

avantorsciences.com- The company offers cryogenic vials of various capacities such as 200 ml, 300 ml, and 500 ml.

azerscientific.com- The company offers cryogenic vials such as Cryogenic Freezing Vial, and Silicone Washer Seal Cryogenic Vial.

What`s New for 2023?

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Cryogenic Vials Market 2023-2027: Scope

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The soft skills training market report covers the following areas:

Increasing adoption of cryopreservation procedures has been instrumental in driving the growth of the market. However, cross-contamination issues related to poor manufacturing might hamper the market growth.

Cryogenic Vials Market 2023-2027: Market Dynamics

Market Driver

  • Increasing adoption of cryopreservation procedures
  • Growing use of cryogenic vials in drug research and development
  • Favorable government support and increase in funding 

Market Trends

  • Growing adoption of barcoded cryogenic vials
  • Increasing demand for stem cell cryopreservation
  • Growing focus on improving design and quality standards

Market Challenges

  • Cross-contamination issues related to poor manufacturing
  • Stringent regulations regarding product sterility
  • The fluctuating cost of raw materials

In addition to the forecast, the report also highlights the key opportunities by analyzing drivers, trends, challenges for the market. Download Sample reports

Cryogenic Vials Market 2023-2027: Segmentation

Cryogenic Vials Market is segmented as below:

  • Type 
    • Internally Threaded Cryogenic Vials: The market share growth by the internally threaded cryogenic vials segment will be significant during the forecast period.
    • Externally Threaded Cryogenic Vials
  • End-user 
    • Research Organization
    • Drug Manufacturers
    • Healthcare Institutions
    • Others
  • Geography 
    • North America: North America is projected to account for 36% of the global market share growth by 2027. 
    • Europe
    • Asia
    • Rest Of World (ROW)

For insights on global, regional, and country-level parameters with growth opportunities, historic (2017 to 2021) & forecast (2023-2027) – Download a Sample Report

Cryogenic Vials Market 2023-2027: Key Highlights

  • CAGR of the market during the forecast period 2023-2027
  • Detailed information on factors that will assist cryogenic vials market growth during the next five years
  • Estimation of the cryogenic vials market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the cryogenic vials market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cryogenic vials market, vendors

Subscribe to our “Lite Plan” billed annually at USD 5000 which enables you to download 3 reports a year and view 3 reports every month.

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Cryogenic Vials Market Scope

Report Coverage

Details

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 5.38%

Market growth 2023-2027

USD 66.16 million

Market structure

Fragmented

YoY growth 2022-2023(%)

4.83

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 36%

Key countries

US, Germany, UK, France, and Japan

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

Abdos Labtech Pvt. Ltd., AHN Biotechnologie GmbH, Avantor Inc., Azer Scientific Inc., Biologix Group Ltd., Brooks Automation Inc., Cole Parmer Instrument Co. LLC, Corning Inc., DWK Life Sciences GmbH, EZ BioResearch LLC, LVL Technologies GmbH and Co. KG, Merck KGaA, Narang Medical Ltd., Pioneer Impex, SARSTEDT AG and Co. KG, Starlab International GMBH, Sumitomo Bakelite Co. Ltd., Thermo Fisher Scientific Inc., Wuxi NEST Biotechnology Co. Ltd., and Ziath Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

1 Executive Summary

  • 1.1 Market overview 
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem 
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition 
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis 
    • Exhibit 13: Market segments
  • 3.4 Market outlook: Forecast for 2022-2027
    • Exhibit 14: Chart on Global – Market size and forecast 2022-2027 ($ million)
    • Exhibit 15: Data Table on Global – Market size and forecast 2022-2027 ($ million)
    • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
    • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

  • 4.1 Global cryogenic vials market 2017 – 2021
    • Exhibit 18: Historic Market Size – Data Table on Global cryogenic vials market 2017 – 2021 ($ million)
  • 4.2 Type Segment Analysis 2017 – 2021 
    • Exhibit 19: Historic Market Size – Type Segment 2017 – 2021 ($ million)
  • 4.3 End-user Segment Analysis 2017 – 2021
    • Exhibit 20: Historic Market Size – End-user Segment 2017 – 2021 ($ million)
  • 4.4 Geography Segment Analysis 2017 – 2021
    • Exhibit 21: Historic Market Size – Geography Segment 2017 – 2021 ($ million)
  • 4.5 Country Segment Analysis 2017 – 2021
    • Exhibit 22: Historic Market Size – Country Segment 2017 – 2021 ($ million)

5 Five Forces Analysis

  • 5.1 Five forces summary 
    • Exhibit 23: Five forces analysis – Comparison between 2022 and 2027
  • 5.2 Bargaining power of buyers 
    • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
  • 5.3 Bargaining power of suppliers 
    • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
  • 5.4 Threat of new entrants 
    • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
  • 5.5 Threat of substitutes 
    • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
  • 5.6 Threat of rivalry 
    • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
  • 5.7 Market condition 
    • Exhibit 29: Chart on Market condition – Five forces 2022 and 2027

6 Market Segmentation by Type

  • 6.1 Market segments 
    • Exhibit 30: Chart on Type – Market share 2022-2027 (%)
    • Exhibit 31: Data Table on Type – Market share 2022-2027 (%)
  • 6.2 Comparison by Type 
    • Exhibit 32: Chart on Comparison by Type
    • Exhibit 33: Data Table on Comparison by Type
  • 6.3 Internally threaded cryogenic vials – Market size and forecast 2022-2027 
    • Exhibit 34: Chart on Internally threaded cryogenic vials – Market size and forecast 2022-2027 ($ million)
    • Exhibit 35: Data Table on Internally threaded cryogenic vials – Market size and forecast 2022-2027 ($ million)
    • Exhibit 36: Chart on Internally threaded cryogenic vials – Year-over-year growth 2022-2027 (%)
    • Exhibit 37: Data Table on Internally threaded cryogenic vials – Year-over-year growth 2022-2027 (%)
  • 6.4 Externally threaded cryogenic vials – Market size and forecast 2022-2027 
    • Exhibit 38: Chart on Externally threaded cryogenic vials – Market size and forecast 2022-2027 ($ million)
    • Exhibit 39: Data Table on Externally threaded cryogenic vials – Market size and forecast 2022-2027 ($ million)
    • Exhibit 40: Chart on Externally threaded cryogenic vials – Year-over-year growth 2022-2027 (%)
    • Exhibit 41: Data Table on Externally threaded cryogenic vials – Year-over-year growth 2022-2027 (%)
  • 6.5 Market opportunity by Type 
    • Exhibit 42: Market opportunity by Type ($ million)

7 Market Segmentation by End-user

  • 7.1 Market segments 
    • Exhibit 43: Chart on End-user – Market share 2022-2027 (%)
    • Exhibit 44: Data Table on End-user – Market share 2022-2027 (%)
  • 7.2 Comparison by End-user 
    • Exhibit 45: Chart on Comparison by End-user
    • Exhibit 46: Data Table on Comparison by End-user
  • 7.3 Research organization – Market size and forecast 2022-2027 
    • Exhibit 47: Chart on Research organization – Market size and forecast 2022-2027 ($ million)
    • Exhibit 48: Data Table on Research organization – Market size and forecast 2022-2027 ($ million)
    • Exhibit 49: Chart on Research organization – Year-over-year growth 2022-2027 (%)
    • Exhibit 50: Data Table on Research organization – Year-over-year growth 2022-2027 (%)
  • 7.4 Drug manufacturers – Market size and forecast 2022-2027 
    • Exhibit 51: Chart on Drug manufacturers – Market size and forecast 2022-2027 ($ million)
    • Exhibit 52: Data Table on Drug manufacturers – Market size and forecast 2022-2027 ($ million)
    • Exhibit 53: Chart on Drug manufacturers – Year-over-year growth 2022-2027 (%)
    • Exhibit 54: Data Table on Drug manufacturers – Year-over-year growth 2022-2027 (%)
  • 7.5 Healthcare institutions – Market size and forecast 2022-2027 
    • Exhibit 55: Chart on Healthcare institutions – Market size and forecast 2022-2027 ($ million)
    • Exhibit 56: Data Table on Healthcare institutions – Market size and forecast 2022-2027 ($ million)
    • Exhibit 57: Chart on Healthcare institutions – Year-over-year growth 2022-2027 (%)
    • Exhibit 58: Data Table on Healthcare institutions – Year-over-year growth 2022-2027 (%)
  • 7.6 Others – Market size and forecast 2022-2027
    • Exhibit 59: Chart on Others – Market size and forecast 2022-2027 ($ million)
    • Exhibit 60: Data Table on Others – Market size and forecast 2022-2027 ($ million)
    • Exhibit 61: Chart on Others – Year-over-year growth 2022-2027 (%)
    • Exhibit 62: Data Table on Others – Year-over-year growth 2022-2027 (%)
  • 7.7 Market opportunity by End-user 
    • Exhibit 63: Market opportunity by End-user ($ million)

8 Customer Landscape

  • 8.1 Customer landscape overview 
    • Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

  • 9.1 Geographic segmentation 
    • Exhibit 65: Chart on Market share by geography 2022-2027 (%)
    • Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
  • 9.2 Geographic comparison 
    • Exhibit 67: Chart on Geographic comparison
    • Exhibit 68: Data Table on Geographic comparison
  • 9.3 North America – Market size and forecast 2022-2027
    • Exhibit 69: Chart on North America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 70: Data Table on North America – Market size and forecast 2022-2027 ($ million)
    • Exhibit 71: Chart on North America – Year-over-year growth 2022-2027 (%)
    • Exhibit 72: Data Table on North America – Year-over-year growth 2022-2027 (%)
  • 9.4 Europe – Market size and forecast 2022-2027
    • Exhibit 73: Chart on Europe – Market size and forecast 2022-2027 ($ million)
    • Exhibit 74: Data Table on Europe – Market size and forecast 2022-2027 ($ million)
    • Exhibit 75: Chart on Europe – Year-over-year growth 2022-2027 (%)
    • Exhibit 76: Data Table on Europe – Year-over-year growth 2022-2027 (%)
  • 9.5 Asia – Market size and forecast 2022-2027 
    • Exhibit 77: Chart on Asia – Market size and forecast 2022-2027 ($ million)
    • Exhibit 78: Data Table on Asia – Market size and forecast 2022-2027 ($ million)
    • Exhibit 79: Chart on Asia – Year-over-year growth 2022-2027 (%)
    • Exhibit 80: Data Table on Asia – Year-over-year growth 2022-2027 (%)
  • 9.6 Rest of World (ROW) – Market size and forecast 2022-2027 
    • Exhibit 81: Chart on Rest of World (ROW) – Market size and forecast 2022-2027 ($ million)
    • Exhibit 82: Data Table on Rest of World (ROW) – Market size and forecast 2022-2027 ($ million)
    • Exhibit 83: Chart on Rest of World (ROW) – Year-over-year growth 2022-2027 (%)
    • Exhibit 84: Data Table on Rest of World (ROW) – Year-over-year growth 2022-2027 (%)
  • 9.7 US – Market size and forecast 2022-2027
    • Exhibit 85: Chart on US – Market size and forecast 2022-2027 ($ million)
    • Exhibit 86: Data Table on US – Market size and forecast 2022-2027 ($ million)
    • Exhibit 87: Chart on US – Year-over-year growth 2022-2027 (%)
    • Exhibit 88: Data Table on US – Year-over-year growth 2022-2027 (%)
  • 9.8 Germany – Market size and forecast 2022-2027
    • Exhibit 89: Chart on Germany – Market size and forecast 2022-2027 ($ million)
    • Exhibit 90: Data Table on Germany – Market size and forecast 2022-2027 ($ million)
    • Exhibit 91: Chart on Germany – Year-over-year growth 2022-2027 (%)
    • Exhibit 92: Data Table on Germany – Year-over-year growth 2022-2027 (%)
  • 9.9 UK – Market size and forecast 2022-2027
    • Exhibit 93: Chart on UK – Market size and forecast 2022-2027 ($ million)
    • Exhibit 94: Data Table on UK – Market size and forecast 2022-2027 ($ million)
    • Exhibit 95: Chart on UK – Year-over-year growth 2022-2027 (%)
    • Exhibit 96: Data Table on UK – Year-over-year growth 2022-2027 (%)
  • 9.10 France – Market size and forecast 2022-2027
    • Exhibit 97: Chart on France – Market size and forecast 2022-2027 ($ million)
    • Exhibit 98: Data Table on France – Market size and forecast 2022-2027 ($ million)
    • Exhibit 99: Chart on France – Year-over-year growth 2022-2027 (%)
    • Exhibit 100: Data Table on France – Year-over-year growth 2022-2027 (%)
  • 9.11 Japan – Market size and forecast 2022-2027
    • Exhibit 101: Chart on Japan – Market size and forecast 2022-2027 ($ million)
    • Exhibit 102: Data Table on Japan – Market size and forecast 2022-2027 ($ million)
    • Exhibit 103: Chart on Japan – Year-over-year growth 2022-2027 (%)
    • Exhibit 104: Data Table on Japan – Year-over-year growth 2022-2027 (%)
  • 9.12 Market opportunity by geography 
    • Exhibit 105: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

  • 10.3 Impact of drivers and challenges 
    • Exhibit 106: Impact of drivers and challenges in 2022 and 2027

11 Vendor Landscape

  • 11.2 Vendor landscape 
    • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
  • 11.3 Landscape disruption 
    • Exhibit 108: Overview on factors of disruption
  • 11.4 Industry risks 
    • Exhibit 109: Impact of key risks on business

12 Vendor Analysis

  • 12.1 Vendors covered 
    • Exhibit 110: Vendors covered
  • 12.2 Market positioning of vendors 
    • Exhibit 111: Matrix on vendor position and classification
  • 12.3 Abdos Labtech Pvt. Ltd. 
    • Exhibit 112: Abdos Labtech Pvt. Ltd. – Overview
    • Exhibit 113: Abdos Labtech Pvt. Ltd. – Product / Service
    • Exhibit 114: Abdos Labtech Pvt. Ltd. – Key offerings
  • 12.4 Avantor Inc. 
    • Exhibit 115: Avantor Inc. – Overview
    • Exhibit 116: Avantor Inc. – Business segments
    • Exhibit 117: Avantor Inc. – Key news
    • Exhibit 118: Avantor Inc. – Key offerings
    • Exhibit 119: Avantor Inc. – Segment focus
  • 12.5 Azer Scientific Inc. 
    • Exhibit 120: Azer Scientific Inc. – Overview
    • Exhibit 121: Azer Scientific Inc. – Product / Service
    • Exhibit 122: Azer Scientific Inc. – Key offerings
  • 12.6 Biologix Group Ltd. 
    • Exhibit 123: Biologix Group Ltd. – Overview
    • Exhibit 124: Biologix Group Ltd. – Product / Service
    • Exhibit 125: Biologix Group Ltd. – Key offerings
  • 12.7 Brooks Automation Inc. 
    • Exhibit 126: Brooks Automation Inc. – Overview
    • Exhibit 127: Brooks Automation Inc. – Business segments
    • Exhibit 128: Brooks Automation Inc. – Key offerings
    • Exhibit 129: Brooks Automation Inc. – Segment focus
  • 12.8 Cole Parmer Instrument Co. LLC 
    • Exhibit 130: Cole Parmer Instrument Co. LLC – Overview
    • Exhibit 131: Cole Parmer Instrument Co. LLC – Product / Service
    • Exhibit 132: Cole Parmer Instrument Co. LLC – Key offerings
  • 12.9 Corning Inc. 
    • Exhibit 133: Corning Inc. – Overview
    • Exhibit 134: Corning Inc. – Business segments
    • Exhibit 135: Corning Inc. – Key offerings
    • Exhibit 136: Corning Inc. – Segment focus
  • 12.10 DWK Life Sciences GmbH 
    • Exhibit 137: DWK Life Sciences GmbH – Overview
    • Exhibit 138: DWK Life Sciences GmbH – Product / Service
    • Exhibit 139: DWK Life Sciences GmbH – Key offerings
  • 12.11 EZ BioResearch LLC 
    • Exhibit 140: EZ BioResearch LLC – Overview
    • Exhibit 141: EZ BioResearch LLC – Product / Service
    • Exhibit 142: EZ BioResearch LLC – Key offerings
  • 12.12 LVL Technologies GmbH and Co. KG 
    • Exhibit 143: LVL Technologies GmbH and Co. KG – Overview
    • Exhibit 144: LVL Technologies GmbH and Co. KG – Product / Service
    • Exhibit 145: LVL Technologies GmbH and Co. KG – Key offerings
  • 12.13 Merck KGaA 
    • Exhibit 146: Merck KGaA – Overview
    • Exhibit 147: Merck KGaA – Business segments
    • Exhibit 148: Merck KGaA – Key news
    • Exhibit 149: Merck KGaA – Key offerings
    • Exhibit 150: Merck KGaA – Segment focus
  • 12.14 SARSTEDT AG and Co. KG 
    • Exhibit 151: SARSTEDT AG and Co. KG – Overview
    • Exhibit 152: SARSTEDT AG and Co. KG – Product / Service
    • Exhibit 153: SARSTEDT AG and Co. KG – Key offerings
  • 12.15 Sumitomo Bakelite Co. Ltd. 
    • Exhibit 154: Sumitomo Bakelite Co. Ltd. – Overview
    • Exhibit 155: Sumitomo Bakelite Co. Ltd. – Business segments
    • Exhibit 156: Sumitomo Bakelite Co. Ltd. – Key offerings
    • Exhibit 157: Sumitomo Bakelite Co. Ltd. – Segment focus
  • 12.16 Thermo Fisher Scientific Inc. 
    • Exhibit 158: Thermo Fisher Scientific Inc. – Overview
    • Exhibit 159: Thermo Fisher Scientific Inc. – Business segments
    • Exhibit 160: Thermo Fisher Scientific Inc. – Key news
    • Exhibit 161: Thermo Fisher Scientific Inc. – Key offerings
    • Exhibit 162: Thermo Fisher Scientific Inc. – Segment focus
  • 12.17 Ziath Ltd. 
    • Exhibit 163: Ziath Ltd. – Overview
    • Exhibit 164: Ziath Ltd. – Product / Service
    • Exhibit 165: Ziath Ltd. – Key offerings

13 Appendix

  • 13.1 Scope of the report 
  • 13.2 Inclusions and exclusions checklist
    • Exhibit 166: Inclusions checklist
    • Exhibit 167: Exclusions checklist
  • 13.3 Currency conversion rates for US$ 
    • Exhibit 168: Currency conversion rates for US$
  • 13.4 Research methodology 
    • Exhibit 169: Research methodology
    • Exhibit 170: Validation techniques employed for market sizing
    • Exhibit 171: Information sources
  • 13.5 List of abbreviations 
    • Exhibit 172: List of abbreviations

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Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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