Cryogenic Vials Market 2023-2027 Along with 5-Year Historic (2017-2021) Industry Size & Comparison of 20 Vendors and 11 Countries

NEW YORK, Nov. 3, 2022 /PRNewswire/ -- The Cryogenic Vials Market share is expected to increase by USD 66.16 million from 2022 to 2027, with an accelerated CAGR of 5.38% - according to the recent market study by Technavio. This report also offers a 5-year historic (2017-2021) data projection of market size, segment, and region. The Y-O-Y growth rate of the Cryogenic Vials Market is estimated at 4.83% as of 2023. Moreover, the market is fragmented. Our analysts have conducted an internal and external analysis of vendors to help companies understand the wider business environment as well as the strength and weaknesses of key market players. Our report also forecasts the Bargaining Power of Buyers & Suppliers and the Threat of New Entrants & Rivalry ranging between LOW-HIGH during the forecast period.

Find Analysis of Price Sensitivity, Lifecycle, Customer Purchase Basket, Adoption Rates,
and Purchase Criteria Prepared Exclusively by Technavio Research Analysts

• One of the core components of customer landscape is Price Sensitivity – an analysis of which will help companies refine marketing strategies to gain a competitive advantage.   
• Moreover, this report also provides impact of price sensitivity drivers (purchases are undifferentiated, purchase is a key cost to the buyer, and quality is not important), which are expected to range between LOW-NEUTRAL from 2023-2027.
• Our report provides extensive information on the customer landscape of the Cryogenic Vials market, involving qualitative and quantitative intelligence. 

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The Cryogenic Vials Market Report Also Offers Information on the Criticality of Inputs, R&D, Capex, Technology, Labor, and Brand of 20 Vendors Listed Below –

• 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 & Co. KG
• Merck KGaA
• Narang Medical Ltd.
• Pioneer Impex
• SARSTEDT AG & Co. KG
• Starlab International GMBH
• Sumitomo Bakelite Co. Ltd.
• Thermo Fisher Scientific Inc.
• Wuxi NEST Biotechnology Co. Ltd.
• Ziath Ltd.

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Chart & Data Table on 5-Year Historic (2017-2021) Market Size, Comparison and Y-O-Y Growth of Cryogenic Vials Industry Segment

• The market is segmented by Type (Internally Threaded Cryogenic Vials and Externally Threaded Cryogenic Vials) and End-user (Research Organizations, Drug Manufacturers, Healthcare Institutions, and Others).
• By Type - The internally threaded cryogenic vials segment shows a gradual increase in demand during 2023-2027.
• Internally threaded cryogenic vials have screw threads on the inner or concave surface. These vials have efficient sealing capabilities owing to the equal dimension outside the tube for caps and vials, which expands evenly with changes in temperature. This prevents the risk of contamination and helps maintain the sterility of biomaterials.

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Increasing Adoption of Cryopreservation Procedures is Notably Driving the Cryogenic Vials Market Growth

The cryopreservation procedure uses ultra-low temperatures to preserve biological samples. The adoption of this procedure is increasing significantly for various applications, such as the preservation of cells and organs, cryosurgery, molecular biology and biochemistry, food sciences, and medical applications, among others. Cryogenic vials are important in cryopreservation procedures, as they are highly efficient in maintaining optimum storage conditions and sufficient retrieval of biological materials. Thus, the demand for cryogenic vials is increasing, with the rise in cryopreservation procedures.

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Chart & Data Table on Historic Market Size (2017-2021), Comparison and Y-O-Y Growth of 11 Countries of Cryogenic Vials Industry

• The market is segmented by Geography into North America (The US and Canada), Europe (The UK, Germany, France, and Rest of Europe), Asia (China and India), and ROW (Argentina, Australia, Brazil, and Rest of the World)
• North America is projected to contribute 36% of market growth by 2027. The rising need for the cryopreservation of biomaterials in biopharmaceutical research and the increase in cryopreserved sample volumes are driving the demand for cryogenic vials in the region. 
• The outbreak of the COVID-19 pandemic led to a rise in demand for cryogenic vials in North America. During the pandemic, the US experienced supply chain disruptions and drug shortages. In February 2020, the US FDA announced that it would hold back inspections of Chinese research facilities. However, the continuation of trade with China and other countries, the resumption of clinical trials, and progressing vaccination drives in the second half of 2020 are expected to fuel the growth of the regional cryogenic vials market during the forecast period. 

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Table of Contents

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

• 3.3 Market size 2022

• 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 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 18: Five forces analysis - Comparison between 2022 and 2027

• 4.2 Bargaining power of buyers 
• Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 4.3 Bargaining power of suppliers 
• Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 4.4 Threat of new entrants 
• Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027

• 4.5 Threat of substitutes 
• Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027

• 4.6 Threat of rivalry 
• Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027

• 4.7 Market condition 
• Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

5 Market Segmentation by Type

• 5.1 Market segments 
• Exhibit 25: Chart on Type - Market share 2022-2027 (%)
• Exhibit 26: Data Table on Type - Market share 2022-2027 (%)

• 5.2 Comparison by Type 
• Exhibit 27: Chart on Comparison by Type
• Exhibit 28: Data Table on Comparison by Type

• 5.3 Internally threaded cryogenic vials - Market size and forecast 2022-2027 
• Exhibit 29: Chart on Internally threaded cryogenic vials - Market size and forecast 2022-2027 ($ million)
• Exhibit 30: Data Table on Internally threaded cryogenic vials - Market size and forecast 2022-2027 ($ million)
• Exhibit 31: Chart on Internally threaded cryogenic vials - Year-over-year growth 2022-2027 (%)
• Exhibit 32: Data Table on Internally threaded cryogenic vials - Year-over-year growth 2022-2027 (%)

• 5.4 Externally threaded cryogenic vials - Market size and forecast 2022-2027 
• Exhibit 33: Chart on Externally threaded cryogenic vials - Market size and forecast 2022-2027 ($ million)
• Exhibit 34: Data Table on Externally threaded cryogenic vials - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Chart on Externally threaded cryogenic vials - Year-over-year growth 2022-2027 (%)
• Exhibit 36: Data Table on Externally threaded cryogenic vials - Year-over-year growth 2022-2027 (%)

• 5.5 Market opportunity by Type 
• Exhibit 37: Market opportunity by Type ($ million)

6 Market Segmentation by End-user

• 6.1 Market segments 
• Exhibit 38: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 39: Data Table on End-user - Market share 2022-2027 (%)

• 6.2 Comparison by End-user 
• Exhibit 40: Chart on Comparison by End-user
• Exhibit 41: Data Table on Comparison by End-user

• 6.3 Research organization - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Research organization - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Research organization - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Research organization - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Research organization - Year-over-year growth 2022-2027 (%)

• 6.4 Drug manufacturers - Market size and forecast 2022-2027
• Exhibit 46: Chart on Drug manufacturers - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Drug manufacturers - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Drug manufacturers - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Drug manufacturers - Year-over-year growth 2022-2027 (%)

• 6.5 Healthcare institutions - Market size and forecast 2022-2027 
• Exhibit 50: Chart on Healthcare institutions - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Healthcare institutions - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Healthcare institutions - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Healthcare institutions - Year-over-year growth 2022-2027 (%)

• 6.6 Others - Market size and forecast 2022-2027
• Exhibit 54: Chart on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 55: Data Table on Others - Market size and forecast 2022-2027 ($ million)
• Exhibit 56: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 57: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.7 Market opportunity by End-user 
• Exhibit 58: Market opportunity by End-user ($ million)

7 Customer Landscape

• 7.1 Customer landscape overview 
• Exhibit 59: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

• 8.1 Geographic segmentation 
• Exhibit 60: Chart on Market share by geography 2022-2027 (%)
• Exhibit 61: Data Table on Market share by geography 2022-2027 (%)

• 8.2 Geographic comparison 
• Exhibit 62: Chart on Geographic comparison
• Exhibit 63: Data Table on Geographic comparison

• 8.3 North America - Market size and forecast 2022-2027
• Exhibit 64: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 8.4 Europe - Market size and forecast 2022-2027 
• Exhibit 68: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 8.5 Asia - Market size and forecast 2022-2027
• Exhibit 72: Chart on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Chart on Asia - Year-over-year growth 2022-2027 (%)
• Exhibit 75: Data Table on Asia - Year-over-year growth 2022-2027 (%)

• 8.6 Rest of World (ROW) - Market size and forecast 2022-2027
• Exhibit 76: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
• Exhibit 79: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)

• 8.7 US - Market size and forecast 2022-2027
• Exhibit 80: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 83: Data Table on US - Year-over-year growth 2022-2027 (%)

• 8.8 Germany - Market size and forecast 2022-2027
• Exhibit 84: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 87: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 8.9 UK - Market size and forecast 2022-2027
• Exhibit 88: Chart on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Data Table on UK - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Chart on UK - Year-over-year growth 2022-2027 (%)
• Exhibit 91: Data Table on UK - Year-over-year growth 2022-2027 (%)

• 8.10 France - Market size and forecast 2022-2027
• Exhibit 92: Chart on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Data Table on France - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 95: Data Table on France - Year-over-year growth 2022-2027 (%)

• 8.11 Japan - Market size and forecast 2022-2027
• Exhibit 96: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 99: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 8.12 Market opportunity by geography 
• Exhibit 100: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges

• 9.3 Impact of drivers and challenges 
• Exhibit 101: Impact of drivers and challenges in 2022 and 2027

• 9.4 Market trends

10 Vendor Landscape

• 10.1 Overview

• 10.2 Vendor landscape 
• Exhibit 102: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption 
• Exhibit 103: Overview on factors of disruption

• 10.4 Industry risks 
• Exhibit 104: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered 
• Exhibit 105: Vendors covered

• 11.2 Market positioning of vendors 
• Exhibit 106: Matrix on vendor position and classification

• 11.3 Abdos Labtech Pvt. Ltd. 
• Exhibit 107: Abdos Labtech Pvt. Ltd. - Overview
• Exhibit 108: Abdos Labtech Pvt. Ltd. - Product / Service
• Exhibit 109: Abdos Labtech Pvt. Ltd. - Key offerings

• 11.4 Avantor Inc. 
• Exhibit 110: Avantor Inc. - Overview
• Exhibit 111: Avantor Inc. - Business segments
• Exhibit 112: Avantor Inc. - Key news
• Exhibit 113: Avantor Inc. - Key offerings
• Exhibit 114: Avantor Inc. - Segment focus

• 11.5 Azer Scientific Inc. 
• Exhibit 115: Azer Scientific Inc. - Overview
• Exhibit 116: Azer Scientific Inc. - Product / Service
• Exhibit 117: Azer Scientific Inc. - Key offerings

• 11.6 Biologix Group Ltd. 
• Exhibit 118: Biologix Group Ltd. - Overview
• Exhibit 119: Biologix Group Ltd. - Product / Service
• Exhibit 120: Biologix Group Ltd. - Key offerings

• 11.7 Brooks Automation Inc. 
• Exhibit 121: Brooks Automation Inc. - Overview
• Exhibit 122: Brooks Automation Inc. - Business segments
• Exhibit 123: Brooks Automation Inc. - Key offerings
• Exhibit 124: Brooks Automation Inc. - Segment focus

• 11.8 Cole Parmer Instrument Co. LLC 
• Exhibit 125: Cole Parmer Instrument Co. LLC - Overview
• Exhibit 126: Cole Parmer Instrument Co. LLC - Product / Service
• Exhibit 127: Cole Parmer Instrument Co. LLC - Key offerings

• 11.9 Corning Inc. 
• Exhibit 128: Corning Inc. - Overview
• Exhibit 129: Corning Inc. - Business segments
• Exhibit 130: Corning Inc. - Key offerings
• Exhibit 131: Corning Inc. - Segment focus

• 11.10 DWK Life Sciences GmbH 
• Exhibit 132: DWK Life Sciences GmbH - Overview
• Exhibit 133: DWK Life Sciences GmbH - Product / Service
• Exhibit 134: DWK Life Sciences GmbH - Key offerings

• 11.11 EZ BioResearch LLC 
• Exhibit 135: EZ BioResearch LLC - Overview
• Exhibit 136: EZ BioResearch LLC - Product / Service
• Exhibit 137: EZ BioResearch LLC - Key offerings

• 11.12 LVL Technologies GmbH and Co. KG 
• Exhibit 138: LVL Technologies GmbH and Co. KG - Overview
• Exhibit 139: LVL Technologies GmbH and Co. KG - Product / Service
• Exhibit 140: LVL Technologies GmbH and Co. KG - Key offerings

• 11.13 Merck KGaA 
• Exhibit 141: Merck KGaA - Overview
• Exhibit 142: Merck KGaA - Business segments
• Exhibit 143: Merck KGaA - Key news
• Exhibit 144: Merck KGaA - Key offerings
• Exhibit 145: Merck KGaA - Segment focus

• 11.14 SARSTEDT AG and Co. KG 
• Exhibit 146: SARSTEDT AG and Co. KG - Overview
• Exhibit 147: SARSTEDT AG and Co. KG - Product / Service
• Exhibit 148: SARSTEDT AG and Co. KG - Key offerings

• 11.15 Sumitomo Bakelite Co. Ltd. 
• Exhibit 149: Sumitomo Bakelite Co. Ltd. - Overview
• Exhibit 150: Sumitomo Bakelite Co. Ltd. - Business segments
• Exhibit 151: Sumitomo Bakelite Co. Ltd. - Key offerings
• Exhibit 152: Sumitomo Bakelite Co. Ltd. - Segment focus

• 11.16 Thermo Fisher Scientific Inc. 
• Exhibit 153: Thermo Fisher Scientific Inc. - Overview
• Exhibit 154: Thermo Fisher Scientific Inc. - Business segments
• Exhibit 155: Thermo Fisher Scientific Inc. - Key news
• Exhibit 156: Thermo Fisher Scientific Inc. - Key offerings
• Exhibit 157: Thermo Fisher Scientific Inc. - Segment focus

• 11.17 Ziath Ltd. 
• Exhibit 158: Ziath Ltd. - Overview
• Exhibit 159: Ziath Ltd. - Product / Service
• Exhibit 160: Ziath Ltd. - Key offerings

12 Appendix

• 12.1 Scope of the report

• 12.2 Inclusions and exclusions checklist 
• Exhibit 161: Inclusions checklist
• Exhibit 162: Exclusions checklist

• 12.3 Currency conversion rates for US$ 
• Exhibit 163: Currency conversion rates for US$

• 12.4 Research methodology 
• Exhibit 164: Research methodology
• Exhibit 165: Validation techniques employed for market sizing
• Exhibit 166: Information sources

• 12.5 List of abbreviations 
• Exhibit 167: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide 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 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.

Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

SOURCE Technavio

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