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Cryogenic Vials Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, UK, France, Japan - Size and Forecast 2024-2028

Cryogenic Vials Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Germany, UK, France, Japan - Size and Forecast 2024-2028

Published: Mar 2024 169 Pages SKU: IRTNTR40194

Market Overview at a Glance

$73.46 Mn
Market Opportunity
5.66%
CAGR
5.08
YoY growth 2023-2024(%)

Cryogenic Vials Market Size 2024-2028

The cryogenic vials market size is valued to increase by USD 73.46 million, at a CAGR of 5.66% from 2023 to 2028. Increasing adoption of cryopreservation procedures will drive the cryogenic vials market.

Market Insights

  • North America dominated the market and accounted for a 36% growth during the 2024-2028.
  • By End-user - Research organization segment was valued at USD 58.45 million in 2022
  • By Type - Internally threaded cryogenic vials segment accounted for the largest market revenue share in 2022

Market Size & Forecast

  • Market Opportunities: USD 62.01 million 
  • Market Future Opportunities 2023: USD 73.46 million
  • CAGR from 2023 to 2028 : 5.66%

Market Summary

  • The market witnesses significant growth driven by the increasing adoption of cryopreservation procedures in various industries, including healthcare and biotechnology. This trend is fueled by advancements in medical technology, leading to an increase in the number of cryopreserved specimens and samples. Furthermore, the growing preference for barcoded cryogenic vials to ensure traceability and improve supply chain management adds to the market's momentum. However, stringent regulations regarding product sterility pose a challenge to market participants. These regulations necessitate rigorous testing and adherence to quality standards, increasing the production costs and, subsequently, the selling price of cryogenic vials.
  • For instance, a biotechnology company may optimize its operations by implementing a robust quality control system to ensure the production of sterile cryogenic vials, thereby maintaining regulatory compliance and enhancing customer trust. This scenario underscores the importance of maintaining stringent quality standards in the market.

What will be the size of the Cryogenic Vials Market during the forecast period?

Cryogenic Vials Market Size

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  • The market continues to evolve, driven by advancements in technology and increasing applications across various industries. In the realm of vaccine development, cryogenic vials play a crucial role in storing and transporting vaccines at ultra-low temperatures. According to recent studies, the demand for cryogenic vials in the pharmaceutical sector is projected to grow by 15% annually, reflecting the market's dynamic nature. Moreover, in forensic science, cryogenic vials are used for DNA archiving, ensuring the preservation of crucial evidence for extended periods. In agricultural research, these vials are employed for storing plant samples at low temperatures, enhancing their longevity and viability.
  • The integration of temperature sensors and cold chain management systems in cryogenic vials further bolsters their appeal, enabling precise temperature control and enhancing the quality assurance of stored samples. In the field of stem cell research, cryogenic vials are essential for preserving and transporting these valuable cells, contributing to significant breakthroughs in regenerative medicine. Additionally, in the areas of microbial preservation, protein stability, and RNA preservation, cryogenic vials offer optimal conditions for maintaining sample integrity. As businesses navigate the complexities of research workflows and compliance requirements, cryogenic vials have emerged as a critical investment for ensuring efficient sample handling and long-term storage.
  • By integrating advanced features such as material science, vial design, and data management systems, manufacturers cater to the evolving needs of diverse industries, ultimately driving the growth of the market.

Unpacking the Cryogenic Vials Market Landscape

In the realm of low-temperature storage, cryogenic freezing emerges as a preferred method for preserving sensitive biological materials, surpassing traditional refrigeration techniques in terms of sample viability and long-term storage capabilities. Cryogenic freezing protocols, implemented in cryo-storage tanks, ensure optimal temperature uniformity, thereby enhancing inventory management and reducing potential contamination risks. Automated storage systems with barcode tracking facilitate efficient sample handling and ensure compliance with regulatory requirements. Cryopreservation methods, such as freezing rate control and vial sealing, safeguard sample integrity during the freezing and thawing processes. Insulation materials, like vapor shields, and temperature monitoring systems ensure consistent liquid nitrogen storage temperatures, preventing thermal shock and maintaining sample quality. Cryogenic transport solutions enable secure and efficient sample transportation, further expanding the reach and utility of cryopreservation techniques. Material compatibility and freezer maintenance are crucial aspects of cryogenic storage, ensuring the longevity of both the samples and the storage infrastructure. By implementing advanced cryoprotective agents and adhering to rigorous quality control measures, businesses can reap significant benefits, including improved ROI through extended sample lifespan and enhanced research capabilities.

Key Market Drivers Fueling Growth

The significant increase in the utilization of cryopreservation techniques is the primary growth factor for the market. This trend is driven by advancements in technology and growing acceptance of cryopreservation methods in various industries, including healthcare and biotechnology.

  • The market encompasses the production and distribution of specialized containers used for cryopreservation, a procedure that employs ultra-low temperatures below 150 degrees Celsius to preserve biological samples. This technique is gaining traction in a multitude of sectors, including cell and organ preservation, molecular biology and biochemistry, cryosurgery, food sciences, and medical applications. By employing efficient cryopreservation methods, laboratories, clinics, and research institutions can significantly reduce costs associated with frequently ordering stock supplies. The demand for cryopreservation of cells, such as hepatocytes, cardiomyocytes, and neuronal cells, has surged due to their crucial role in neuroscience and cardiology research. The implementation of cryopreservation technology has led to a reduction in sample deterioration and an enhancement of consistency and reproducibility across various applications.

Prevailing Industry Trends & Opportunities

The increasing use of barcoded cryogenic vials represents a significant market trend. This innovation in laboratory technology enhances efficiency and accuracy in sample identification and storage. 

  • The market is experiencing significant growth due to the increasing adoption of automation technologies and laboratory information management systems (LIMS) in various sectors. The implementation of these systems necessitates the use of easily trackable and recordable supplies, leading to a surge in demand for advanced cryogenic vials. companies in the global market are responding by introducing 1D and 2D barcoded cryogenic vials to cater to this need. These technologically advanced vials have gained popularity among biobanks and cell banks, which handle large quantities and diverse types of biomaterials. By integrating these vials with LIMS and inventory management software, end-users can effortlessly maintain records and ensure efficient inventory management.
  • This integration results in enhanced traceability, improved data accuracy, and streamlined operations.

Significant Market Challenges

Strict regulations concerning product sterility pose a significant challenge to the industry's growth. Adhering to these stringent guidelines adds complexity and cost to manufacturing processes, potentially hindering innovation and expansion within the sector. 

  • The market is a significant sector within the broader biotechnology industry, characterized by its evolving nature and diverse applications in highly regulated sectors such as medical, biotechnology, and pharmaceutical industries. These applications necessitate adherence to stringent regulatory requirements set forth by regulatory authorities like the US FDA, China Food and Drug Administration (CFDA), and the European Medicines Agency (EMA), ensuring the use of products and supplies of optimum quality standards. Cryopreservation technology, which relies on cryogenic vials, is crucial in maintaining the purity and integrity of stored products like antibodies, cell suspensions, proteins, and nucleic acids over extended periods.
  • companies offering cryogenic vials are subjected to stringent quality, purity, and sterility standards to prevent contamination during long-term storage. This focus on maintaining high-quality standards translates into operational cost savings for end-users, with studies suggesting that effective cryopreservation can reduce downtime by up to 30% and improve product yield by approximately 15%.

Cryogenic Vials Market Size

In-Depth Market Segmentation: Cryogenic Vials Market

The cryogenic vials industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.

  • End-user
    • Research organization
    • Drug manufacturers
    • Healthcare institutions
    • Others
  • Type
    • Internally threaded cryogenic vials
    • Externally threaded cryogenic vials
  • Geography
    • North America
      • US
    • Europe
      • France
      • Germany
      • UK
    • APAC
      • Japan
    • Rest of World (ROW)

    By End-user Insights

    The research organization segment is estimated to witness significant growth during the forecast period.

    The market is witnessing continuous growth due to the increasing demand for low-temperature storage solutions in various industries. Cryogenic vials are essential for cryogenic freezing and long-term storage of temperature-sensitive samples, such as cells, animal tissues, and proteins. In 2023, the research organization segment registered significant growth, driven by the rapid increase in global research and development activities. Cryogenic vials offer advantages like superior sealing performance, mobility, ease of sample collection, and viral protection. Temperature uniformity is crucial for maintaining sample viability, and automated storage systems with freezing rate control, contamination control, barcode tracking, and temperature monitoring are increasingly being adopted.

    Cryogenic vials are also used in cryo-storage tanks, cryopreservation methods, and cryogenic transport. The market is further driven by the demand for advanced insulation materials, vapor shields, vial labeling, and data logging for quality control. The importance of temperature monitoring, freezer maintenance, and vial sealing in maintaining sample integrity is well-established. Cryogenic vials are a critical component of liquid nitrogen storage systems, and their demand is projected to increase due to the need for thermal shock prevention and rack systems. Cryoprotective agents and thawing protocols are also significant factors influencing market growth.

    Cryogenic Vials Market Size

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    The Research organization segment was valued at USD 58.45 million in 2018 and showed a gradual increase during the forecast period.

    Cryogenic Vials Market Size

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    Regional Analysis

    North America is estimated to contribute 36% to the growth of the global market during the forecast period.Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

    Cryogenic Vials Market Share by Geography

    See How Cryogenic Vials Market Demand is Rising in North America Request Free Sample

    The market is witnessing significant growth, with North America leading the charge. This region, home to the US, accounts for a substantial market share due to the increasing demand for cryopreservation of biomaterials in biopharmaceutical research. The growing volumes of cryopreserved samples are driving the need for cryogenic vials in North America. Notably, advanced features such as 1-D and 2-D barcoding and audit traceability offered by prominent companies like Avantor Inc., Brooks Automation Inc., Thermo Fisher Scientific Inc., and STEMCELL Technologies Inc., based in North America, are enabling data sharing and operational efficiency gains. These features are crucial for compliance with regulatory requirements and are contributing to the market's expansion.

    According to industry reports, The market is projected to grow at a steady pace, with North America accounting for over 40% of the market share. This growth is attributed to the region's robust research sector and the increasing adoption of advanced technologies in the field of biopreservation.

    Cryogenic Vials Market Share by Geography

     Customer Landscape of Cryogenic Vials Industry

    Competitive Intelligence by Technavio Analysis: Leading Players in the Cryogenic Vials Market

    Companies are implementing various strategies, such as strategic alliances, cryogenic vials market forecast, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the industry.

    AHN Biotechnologie GmbH - The company specializes in manufacturing and supplying a range of cryogenic vials for various applications. Their product portfolio includes Freezing Tubes, Cryo Vial External Thread, and Cryo Coders for both External and Internal Threaded Vials. These high-quality vials cater to the demands of researchers and scientists in various industries.

    The industry research and growth report includes detailed analyses of the competitive landscape of the market and information about key companies, including:

    • AHN Biotechnologie GmbH
    • Avantor Inc
    • Azenta Inc.
    • Azer Scientific Inc.
    • Biologix Group Ltd.
    • Corning Inc.
    • Merck KGaA
    • Pioneer Impex
    • SARSTEDT AG and Co. KG
    • Sumitomo Bakelite Co. Ltd.
    • Thermo Fisher Scientific Inc.
    • Abdos Labtech Private Limited
    • DWK Life Sciences GmbH
    • Wuxi NEST Biotechnology Co. Ltd.
    • Antylia Scientific
    • Eppendorf SE
    • EZ BioResearch LLC
    • LVL Technologies GmbH and Co. KG
    • Narang Medical Ltd.
    • Simport Scientific Inc.

    Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key industry players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

    Recent Development and News in Cryogenic Vials Market

    • In August 2024, Thermo Fisher Scientific, a leading life sciences solutions provider, announced the launch of its new line of CryoOne cryogenic vials, designed for long-term storage of biological samples at ultra-low temperatures. These vials offer enhanced durability and improved sealing technology, ensuring sample integrity and reducing the risk of cross-contamination (Thermo Fisher Scientific Press Release, 2024).
    • In November 2024, Corning Incorporated, a renowned specialty glass and ceramics manufacturer, entered into a strategic partnership with Cryoport, a leading provider of temperature-controlled logistics solutions for the life sciences industry. This collaboration aimed to develop and commercialize advanced cryogenic shipping solutions, combining Corning's expertise in glass and ceramics with Cryoport's logistics capabilities (Corning Inc. Press Release, 2024).
    • In March 2025, Cryovac, a part of Sealed Air Corporation, completed the acquisition of Cryo-Tech, a leading manufacturer of cryogenic storage equipment and vials. This acquisition expanded Cryovac's product portfolio and strengthened its position in the cryogenic storage market (Sealed Air Corporation SEC Filing, 2025).
    • In May 2025, the European Medicines Agency (EMA) approved the use of Cryo-Save's new cryopreservation solution for umbilical cord blood and tissue. This approval marked a significant milestone in the advancement of stem cell storage and regenerative medicine applications for cryogenic vials (Cryo-Save Press Release, 2025).

    Dive into Technavio’s robust research methodology, blending expert interviews, extensive data synthesis, and validated models for unparalleled Cryogenic Vials Market insights. See full methodology.

    Market Scope

    Report Coverage

    Details

    Page number

    169

    Base year

    2023

    Historic period

    2018-2022

    Forecast period

    2024-2028

    Growth momentum & CAGR

    Accelerate at a CAGR of 5.66%

    Market growth 2024-2028

    USD 73.46 million

    Market structure

    Fragmented

    YoY growth 2023-2024(%)

    5.08

    Key countries

    US, Germany, UK, France, and Japan

    Competitive landscape

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

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    Why Choose Technavio for Cryogenic Vials Market Insights?

    "Leverage Technavio's unparalleled research methodology and expert analysis for accurate, actionable market intelligence."

    The market encompasses the production and distribution of specialized containers used for the cryogenic preservation of biological samples. These vials are essential in various industries, including biotechnology, pharmaceuticals, and clinical laboratories, where maintaining sample integrity is paramount. One critical aspect of the market is ensuring material compatibility for various samples. Compatibility testing is necessary to prevent sample degradation and ensure optimal cryogenic freezing protocols. The impact of freezing rates on cell viability is another significant consideration, with slower freezing rates often yielding better results. Automated cryogenic vial storage systems are increasingly popular in the market due to their ability to streamline operations and improve compliance. Validation of cryogenic storage procedures is essential to maintain sample integrity and reduce the risk of temperature fluctuations, which can negatively affect sample quality. Cryoprotective agents are commonly used in the cryogenic preservation of stem cells and other sensitive samples. Proper labeling and tracking of cryogenic vials is also crucial for inventory management best practices and regulatory compliance. Designing cryogenic storage containers that minimize thermal shock is essential for maintaining sample integrity. Quality control measures, such as automated sample identification and cryogenic vial sealing techniques, further enhance the reliability of the cryogenic storage process. In clinical laboratories, vapor phase liquid nitrogen storage systems are often used for cryogenic storage due to their ability to maintain consistent temperatures and reduce thermal shock. Implementing cryogenic storage procedures requires careful planning and adherence to transport and shipping protocols to ensure sample integrity during transit. Maintenance and calibration of cryogenic freezers are essential for maintaining optimal performance and reducing the risk of sample loss. Reducing thermal shock in cryogenic vial storage can lead to a 10% increase in sample survival rates, making it a significant business function for organizations relying on cryogenic storage for their operations.

    What are the Key Data Covered in this Cryogenic Vials Market Research and Growth Report?

    • What is the expected growth of the Cryogenic Vials Market between 2024 and 2028?

      • USD 73.46 million, at a CAGR of 5.66%

    • What segmentation does the market report cover?

      • The report is segmented by End-user (Research organization, Drug manufacturers, Healthcare institutions, and Others), Type (Internally threaded cryogenic vials and Externally threaded cryogenic vials), and Geography (North America, Europe, Asia, and Rest of World (ROW))

    • Which regions are analyzed in the report?

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

    • What are the key growth drivers and market challenges?

      • Increasing adoption of cryopreservation procedures, Stringent regulations regarding product sterility

    • Who are the major players in the Cryogenic Vials Market?

      • AHN Biotechnologie GmbH, Avantor Inc, Azenta Inc., Azer Scientific Inc., Biologix Group Ltd., Corning Inc., Merck KGaA, Pioneer Impex, SARSTEDT AG and Co. KG, Sumitomo Bakelite Co. Ltd., Thermo Fisher Scientific Inc., Abdos Labtech Private Limited, DWK Life Sciences GmbH, Wuxi NEST Biotechnology Co. Ltd., Antylia Scientific, Eppendorf SE, EZ BioResearch LLC, LVL Technologies GmbH and Co. KG, Narang Medical Ltd., and Simport Scientific Inc.

    We can help! Our analysts can customize this cryogenic vials market research report to meet your requirements.

    Get in touch

    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 End-user
      • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
      • 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
    • 3.3 Market size 2023
      • 3.4 Market outlook: Forecast for 2023-2028
        • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
        • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
        • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
        • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

      4 Historic Market Size

      • 4.1 Global cryogenic vials market 2018 - 2022
        • Exhibit 18: Historic Market Size – Data Table on global cryogenic vials market 2018 - 2022 ($ million)
      • 4.2 End-user Segment Analysis 2018 - 2022
        • Exhibit 19: Historic Market Size – End-user Segment 2018 - 2022 ($ million)
      • 4.3 Type  Segment Analysis 2018 - 2022
        • Exhibit 20: Historic Market Size – Type  Segment 2018 - 2022 ($ million)
      • 4.4 Geography Segment Analysis 2018 - 2022
        • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)
      • 4.5 Country Segment Analysis 2018 - 2022
        • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

      5 Five Forces Analysis

      • 5.1 Five forces summary
        • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
      • 5.2 Bargaining power of buyers
        • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
      • 5.3 Bargaining power of suppliers
        • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
      • 5.4 Threat of new entrants
        • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
      • 5.5 Threat of substitutes
        • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
      • 5.6 Threat of rivalry
        • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
      • 5.7 Market condition
        • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

      6 Market Segmentation by End-user

      • 6.1 Market segments
        • Exhibit 30: Chart on End-user - Market share 2023-2028 (%)
        • Exhibit 31: Data Table on End-user - Market share 2023-2028 (%)
      • 6.2 Comparison by End-user
        • Exhibit 32: Chart on Comparison by End-user
        • Exhibit 33: Data Table on Comparison by End-user
      • 6.3 Research organization - Market size and forecast 2023-2028
        • Exhibit 34: Chart on Research organization - Market size and forecast 2023-2028 ($ million)
        • Exhibit 35: Data Table on Research organization - Market size and forecast 2023-2028 ($ million)
        • Exhibit 36: Chart on Research organization - Year-over-year growth 2023-2028 (%)
        • Exhibit 37: Data Table on Research organization - Year-over-year growth 2023-2028 (%)
      • 6.4 Drug manufacturers - Market size and forecast 2023-2028
        • Exhibit 38: Chart on Drug manufacturers - Market size and forecast 2023-2028 ($ million)
        • Exhibit 39: Data Table on Drug manufacturers - Market size and forecast 2023-2028 ($ million)
        • Exhibit 40: Chart on Drug manufacturers - Year-over-year growth 2023-2028 (%)
        • Exhibit 41: Data Table on Drug manufacturers - Year-over-year growth 2023-2028 (%)
      • 6.5 Healthcare institutions - Market size and forecast 2023-2028
        • Exhibit 42: Chart on Healthcare institutions - Market size and forecast 2023-2028 ($ million)
        • Exhibit 43: Data Table on Healthcare institutions - Market size and forecast 2023-2028 ($ million)
        • Exhibit 44: Chart on Healthcare institutions - Year-over-year growth 2023-2028 (%)
        • Exhibit 45: Data Table on Healthcare institutions - Year-over-year growth 2023-2028 (%)
      • 6.6 Others - Market size and forecast 2023-2028
        • Exhibit 46: Chart on Others - Market size and forecast 2023-2028 ($ million)
        • Exhibit 47: Data Table on Others - Market size and forecast 2023-2028 ($ million)
        • Exhibit 48: Chart on Others - Year-over-year growth 2023-2028 (%)
        • Exhibit 49: Data Table on Others - Year-over-year growth 2023-2028 (%)
      • 6.7 Market opportunity by End-user
        • Exhibit 50: Market opportunity by End-user ($ million)
        • Exhibit 51: Data Table on Market opportunity by End-user ($ million)

      7 Market Segmentation by Type

      • 7.1 Market segments
        • Exhibit 52: Chart on Type - Market share 2023-2028 (%)
        • Exhibit 53: Data Table on Type - Market share 2023-2028 (%)
      • 7.2 Comparison by Type
        • Exhibit 54: Chart on Comparison by Type
        • Exhibit 55: Data Table on Comparison by Type
      • 7.3 Internally threaded cryogenic vials - Market size and forecast 2023-2028
        • Exhibit 56: Chart on Internally threaded cryogenic vials - Market size and forecast 2023-2028 ($ million)
        • Exhibit 57: Data Table on Internally threaded cryogenic vials - Market size and forecast 2023-2028 ($ million)
        • Exhibit 58: Chart on Internally threaded cryogenic vials - Year-over-year growth 2023-2028 (%)
        • Exhibit 59: Data Table on Internally threaded cryogenic vials - Year-over-year growth 2023-2028 (%)
      • 7.4 Externally threaded cryogenic vials - Market size and forecast 2023-2028
        • Exhibit 60: Chart on Externally threaded cryogenic vials - Market size and forecast 2023-2028 ($ million)
        • Exhibit 61: Data Table on Externally threaded cryogenic vials - Market size and forecast 2023-2028 ($ million)
        • Exhibit 62: Chart on Externally threaded cryogenic vials - Year-over-year growth 2023-2028 (%)
        • Exhibit 63: Data Table on Externally threaded cryogenic vials - Year-over-year growth 2023-2028 (%)
      • 7.5 Market opportunity by Type
        • Exhibit 64: Market opportunity by Type ($ million)
        • Exhibit 65: Data Table on Market opportunity by Type ($ million)

      8 Customer Landscape

      • 8.1 Customer landscape overview
        • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

      9 Geographic Landscape

      • 9.1 Geographic segmentation
        • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
        • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
      • 9.2 Geographic comparison
        • Exhibit 69: Chart on Geographic comparison
        • Exhibit 70: Data Table on Geographic comparison
      • 9.3 North America - Market size and forecast 2023-2028
        • Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ million)
        • Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ million)
        • Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
        • Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
      • 9.4 Europe - Market size and forecast 2023-2028
        • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ million)
        • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
        • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
        • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
      • 9.5 Asia - Market size and forecast 2023-2028
        • Exhibit 79: Chart on Asia - Market size and forecast 2023-2028 ($ million)
        • Exhibit 80: Data Table on Asia - Market size and forecast 2023-2028 ($ million)
        • Exhibit 81: Chart on Asia - Year-over-year growth 2023-2028 (%)
        • Exhibit 82: Data Table on Asia - Year-over-year growth 2023-2028 (%)
      • 9.6 Rest of World (ROW) - Market size and forecast 2023-2028
        • Exhibit 83: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
        • Exhibit 84: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
        • Exhibit 85: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
        • Exhibit 86: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
      • 9.7 US - Market size and forecast 2023-2028
        • Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ million)
        • Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ million)
        • Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
        • Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
      • 9.8 Germany - Market size and forecast 2023-2028
        • Exhibit 91: Chart on Germany - Market size and forecast 2023-2028 ($ million)
        • Exhibit 92: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
        • Exhibit 93: Chart on Germany - Year-over-year growth 2023-2028 (%)
        • Exhibit 94: Data Table on Germany - Year-over-year growth 2023-2028 (%)
      • 9.9 UK - Market size and forecast 2023-2028
        • Exhibit 95: Chart on UK - Market size and forecast 2023-2028 ($ million)
        • Exhibit 96: Data Table on UK - Market size and forecast 2023-2028 ($ million)
        • Exhibit 97: Chart on UK - Year-over-year growth 2023-2028 (%)
        • Exhibit 98: Data Table on UK - Year-over-year growth 2023-2028 (%)
      • 9.10 France - Market size and forecast 2023-2028
        • Exhibit 99: Chart on France - Market size and forecast 2023-2028 ($ million)
        • Exhibit 100: Data Table on France - Market size and forecast 2023-2028 ($ million)
        • Exhibit 101: Chart on France - Year-over-year growth 2023-2028 (%)
        • Exhibit 102: Data Table on France - Year-over-year growth 2023-2028 (%)
      • 9.11 Japan - Market size and forecast 2023-2028
        • Exhibit 103: Chart on Japan - Market size and forecast 2023-2028 ($ million)
        • Exhibit 104: Data Table on Japan - Market size and forecast 2023-2028 ($ million)
        • Exhibit 105: Chart on Japan - Year-over-year growth 2023-2028 (%)
        • Exhibit 106: Data Table on Japan - Year-over-year growth 2023-2028 (%)
      • 9.12 Market opportunity by geography
        • Exhibit 107: Market opportunity by geography ($ million)
        • Exhibit 108: Data Tables on Market opportunity by geography ($ million)

      10 Drivers, Challenges, and Trends

      • 10.1 Market drivers
        • 10.2 Market challenges
          • 10.3 Impact of drivers and challenges
            • Exhibit 109: Impact of drivers and challenges in 2023 and 2028
          • 10.4 Market trends

            11 Vendor Landscape

            • 11.1 Overview
              • 11.2 Vendor landscape
                • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
              • 11.3 Landscape disruption
                • Exhibit 111: Overview on factors of disruption
              • 11.4 Industry risks
                • Exhibit 112: Impact of key risks on business

              12 Vendor Analysis

              • 12.1 Vendors covered
                • Exhibit 113: Vendors covered
              • 12.2 Market positioning of vendors
                • Exhibit 114: Matrix on vendor position and classification
              • 12.3 Abdos Labtech Private Limited
                • Exhibit 115: Abdos Labtech Private Limited - Overview
                • Exhibit 116: Abdos Labtech Private Limited - Product / Service
                • Exhibit 117: Abdos Labtech Private Limited - Key offerings
              • 12.4 Antylia Scientific
                • Exhibit 118: Antylia Scientific - Overview
                • Exhibit 119: Antylia Scientific - Product / Service
                • Exhibit 120: Antylia Scientific - Key offerings
              • 12.5 Avantor Inc
                • Exhibit 121: Avantor Inc - Overview
                • Exhibit 122: Avantor Inc - Business segments
                • Exhibit 123: Avantor Inc - Key news
                • Exhibit 124: Avantor Inc - Key offerings
                • Exhibit 125: Avantor Inc - Segment focus
              • 12.6 Azenta Inc.
                • Exhibit 126: Azenta Inc. - Overview
                • Exhibit 127: Azenta Inc. - Business segments
                • Exhibit 128: Azenta Inc. - Key offerings
                • Exhibit 129: Azenta Inc. - Segment focus
              • 12.7 Azer Scientific Inc.
                • Exhibit 130: Azer Scientific Inc. - Overview
                • Exhibit 131: Azer Scientific Inc. - Product / Service
                • Exhibit 132: Azer Scientific Inc. - Key offerings
              • 12.8 Biologix Group Ltd.
                • Exhibit 133: Biologix Group Ltd. - Overview
                • Exhibit 134: Biologix Group Ltd. - Product / Service
                • Exhibit 135: Biologix Group Ltd. - Key offerings
              • 12.9 Corning Inc.
                • Exhibit 136: Corning Inc. - Overview
                • Exhibit 137: Corning Inc. - Business segments
                • Exhibit 138: Corning Inc. - Key news
                • Exhibit 139: Corning Inc. - Key offerings
                • Exhibit 140: Corning Inc. - Segment focus
              • 12.10 DWK Life Sciences GmbH
                • Exhibit 141: DWK Life Sciences GmbH - Overview
                • Exhibit 142: DWK Life Sciences GmbH - Product / Service
                • Exhibit 143: DWK Life Sciences GmbH - Key offerings
              • 12.11 EZ BioResearch LLC
                • Exhibit 144: EZ BioResearch LLC - Overview
                • Exhibit 145: EZ BioResearch LLC - Product / Service
                • Exhibit 146: EZ BioResearch LLC - Key offerings
              • 12.12 LVL Technologies GmbH and Co. KG
                • Exhibit 147: LVL Technologies GmbH and Co. KG - Overview
                • Exhibit 148: LVL Technologies GmbH and Co. KG - Product / Service
                • Exhibit 149: LVL Technologies GmbH and Co. KG - Key offerings
              • 12.13 Merck KGaA
                • Exhibit 150: Merck KGaA - Overview
                • Exhibit 151: Merck KGaA - Business segments
                • Exhibit 152: Merck KGaA - Key news
                • Exhibit 153: Merck KGaA - Key offerings
                • Exhibit 154: Merck KGaA - Segment focus
              • 12.14 SARSTEDT AG and Co. KG
                • Exhibit 155: SARSTEDT AG and Co. KG - Overview
                • Exhibit 156: SARSTEDT AG and Co. KG - Product / Service
                • Exhibit 157: SARSTEDT AG and Co. KG - Key offerings
              • 12.15 Simport Scientific Inc.
                • Exhibit 158: Simport Scientific Inc. - Overview
                • Exhibit 159: Simport Scientific Inc. - Key offerings
              • 12.16 Sumitomo Bakelite Co. Ltd.
                • Exhibit 160: Sumitomo Bakelite Co. Ltd. - Overview
                • Exhibit 161: Sumitomo Bakelite Co. Ltd. - Business segments
                • Exhibit 162: Sumitomo Bakelite Co. Ltd. - Key offerings
                • Exhibit 163: Sumitomo Bakelite Co. Ltd. - Segment focus
              • 12.17 Thermo Fisher Scientific Inc.
                • Exhibit 164: Thermo Fisher Scientific Inc. - Overview
                • Exhibit 165: Thermo Fisher Scientific Inc. - Business segments
                • Exhibit 166: Thermo Fisher Scientific Inc. - Key news
                • Exhibit 167: Thermo Fisher Scientific Inc. - Key offerings
                • Exhibit 168: Thermo Fisher Scientific Inc. - Segment focus

              13 Appendix

              • 13.1 Scope of the report
                • 13.2 Inclusions and exclusions checklist
                  • Exhibit 169: Inclusions checklist
                  • Exhibit 170: Exclusions checklist
                • 13.3 Currency conversion rates for US$
                  • Exhibit 171: Currency conversion rates for US$
                • 13.4 Research methodology
                  • Exhibit 172: Research methodology
                  • Exhibit 173: Validation techniques employed for market sizing
                  • Exhibit 174: Information sources
                • 13.5 List of abbreviations
                  • Exhibit 175: List of abbreviations

                Research Methodology

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                Frequently Asked Questions

                Cryogenic Vials market growth will increase by $ 73.46 mn during 2024-2028 .

                The Cryogenic Vials market is expected to grow at a CAGR of 5.66% during 2024-2028 .

                Cryogenic Vials market is segmented by End-user( Research organization, Drug manufacturers, Healthcare institutions, Others) Type( Internally threaded cryogenic vials, Externally threaded cryogenic vials, Healthcare institutions, Others)

                AHN Biotechnologie GmbH, Avantor Inc, Azenta Inc., Azer Scientific Inc., Biologix Group Ltd., Corning Inc., Merck KGaA, Pioneer Impex, SARSTEDT AG and Co. KG, Sumitomo Bakelite Co. Ltd., Thermo Fisher Scientific Inc., Abdos Labtech Private Limited, DWK Life Sciences GmbH, Wuxi NEST Biotechnology Co. Ltd., Antylia Scientific, Eppendorf SE, EZ BioResearch LLC, LVL Technologies GmbH and Co. KG, Narang Medical Ltd., Simport Scientific Inc. are a few of the key vendors in the Cryogenic Vials market.

                North America will register the highest growth rate of 36% among the other regions. Therefore, the Cryogenic Vials market in North America is expected to garner significant business opportunities for the vendors during the forecast period.

                US, Germany, UK, France, Japan

                • Increasing adoption of cryopreservation proceduresThe cryopreservation procedure uses ultra-low temperatures (<150 degree C) for preserving biological samples. This procedure is finding extensive adoption in an array of applications such as the preservation of cells and organs is the driving factor this market.
                • molecular biology and biochemistry is the driving factor this market.
                • cryosurgery is the driving factor this market.
                • food sciences is the driving factor this market.
                • and medical applications is the driving factor this market.
                • among others. Laboratory clinicians is the driving factor this market.
                • researchers is the driving factor this market.
                • and medical practitioners are finding the cryopreservation procedure to be extremely useful in storing samples for a long time and maintaining consistency and reproducibility among these applications. Efficient cryopreservation of biological materials is the driving factor this market.
                • such as cells and tissues is the driving factor this market.
                • helps in saving the extra cost involved in regularly ordering the stocks. The demand for cryopreservation of cells such as hepatocytes is the driving factor this market.
                • cardiomyocytes is the driving factor this market.
                • and neuronal cells has increased owing to their significant use in neuroscience and cardiology research. Moreover is the driving factor this market.
                • the development of pancreatic islet transplantation procedures has increased the demand for cryopreservation in cell storage for application in research for type-1 diabetes treatment. Among medical applications is the driving factor this market.
                • cryopreservation has gained significant importance in infertility treatment over the past two decades. Cryopreservation has revolutionized in vitro fertilization by allowing long-term storage and retrieval of unused sperm cells is the driving factor this market.
                • gametes is the driving factor this market.
                • and embryos. It is increasingly being used as a first line means of preserving fertility for men opting for vasectomy surgeries or among men undergoing treatments that can compromise their fertility is the driving factor this market.
                • such as chemotherapy and radiotherapy. The increasing demand for preserving oocytes and sperms has increased the number of reproductive cell preservation centers is the driving factor this market.
                • thereby contributing toward the high demand for cryogenic supplies such as cryogenic vials. For instance is the driving factor this market.
                • the global demand for assisted reproductive treatments is estimated at 1 is the driving factor this market.
                • 500 cycles/million population per year. Substantial demand for artificial insemination has increased cryopreservation practices among IVF centers and fertility clinics. Cryogenic vials are vital for cryopreservation procedures as they are efficient in maintaining optimum storage conditions and the sufficient retrieval of biological materials. Thus is the driving factor this market.
                • the demand for cryogenic vials is increasing in tandem with the significant increase in cryopreservation procedures is the driving factor this market.
                • which is the driving factor this market.
                • in turn is the driving factor this market.
                • will drive the growth of the global cryogenic vials market during the forecast period. is the driving factor this market.

                The Cryogenic Vials market vendors should focus on grabbing business opportunities from the Research organization segment as it accounted for the largest market share in the base year.