Cryogenic Storage Equipment in Healthcare Market Trend, Size, Companies, Top Player, and Outlook 2024-29

Global Cryogenic Storage Equipment in Healthcare Market Analysis

MarkNtel Advisors, a leading consulting, data analytics, and market research firm, recently published an analytical report description that describes the recent achievements and developments of prominent players including new launching of innovative products, strategic collaborations, or partnerships, that bolster the growth of the Global Cryogenic Storage Equipment in Healthcare market. The research report on the Cryogenic Storage Equipment in Healthcare Market 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. 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 report further comprises, “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.

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Global Cryogenic Storage Equipment in Healthcare Market Opportunity:

Advancing Novel Cell-based Therapies Creating Opportunities for Manufacturers – The emergence of novel cell-based therapies in the market presents a significant opportunity for cryogenic storage providers. Pharmaceutical & biotechnology companies are actively developing therapies for treating chronic diseases like cancer. For instance, in 2023, Bayer initiated phase 2 of a clinical trial for a cell therapy aimed at treating Parkinson’s disease following the successful completion of their early-stage study.

In anticipation of this demand, many cryogenic storage manufacturing companies are preparing to meet these upcoming storage needs. As the healthcare industry continues to innovate and develop advanced cell-based treatments, the role of cryogenic storage in supporting these therapies becomes increasingly vital in the future, thus enhancing the Cryogenic Storage Equipment in Healthcare Market size.

Global Cryogenic Storage Equipment in Healthcare Market Segment & Geography [2024-29]

The Cryogenic Storage Equipment in Healthcare market is segmented into significant segments based on Geography.

-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)

-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)

Geographical Analysis

-By Region

North America
South America
Europe
Middle East & Africa
Asia Pacific

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Top Companies Essentially Working in 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
Others

Frequently Asked Questions (FAQs)-

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