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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.
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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.
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 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.
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 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.
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.
The Research organization segment was valued at USD 58.45 million in 2018 and showed a gradual increase during the forecast period.
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.
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.
Customer Landscape of Cryogenic Vials Industry
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:
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.
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.
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Market Scope |
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Report Coverage |
Details |
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Page number |
169 |
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Base year |
2023 |
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Historic period |
2018-2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.66% |
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Market growth 2024-2028 |
USD 73.46 million |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
5.08 |
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Key countries |
US, Germany, UK, France, and Japan |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
"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 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.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Research Framework
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
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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