Global Cryogenic Vials Market Size Analysis by Latest Trends 2020 | Global Industry Growth Factors, CAGR Status, Leading Key Players Update, Business Share by Regions and Forecast to 2024 | Technavio

LONDON–(BUSINESS WIRE)–#CryogenicVialsMarket–Technavio has been monitoring the global cryogenic vials market, operating under the health care industry. The latest report on cryogenic vials market, 2020-2024 estimates it to register an incremental growth of USD 42.48 million, at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.


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The market is moderately 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 on the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Avantor Inc., BIOLOGIX GROUP Ltd., Brooks Automation Inc., Corning Inc., DWK Life Sciences GmbH, Merck KGaA, SARSTEDT AG & Co. KG, StemCell Technologies Inc., Sumitomo Bakelite Co. Ltd., and Thermo Fisher Scientific Inc. are among some of the major market participants.

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Growing adoption of barcoded cryogenic vials has been instrumental in driving the growth of the market.

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Cryogenic Vials Market 2020-2024: Segmentation

Cryogenic Vials Market is segmented as below:

  • Type

    • Internally Threaded Cryogenic Vials
    • Externally Threaded Cryogenic Vials
  • Geographic Landscape

    • Asia
    • Europe
    • North America
    • ROW

Based on geographic segmentation, over 35% of the market growth originated from North America during the forecast period. In addition, the internally threaded cryogenic vials segment led the growth under the type segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the market size.

Cryogenic Vials Market 2020-2024: Scope

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

  • Cryogenic Vials Market Size
  • Cryogenic Vials Market Trends
  • Cryogenic Vials Market Industry Analysis

This study identifies the increasing demand for stem cell cryopreservation as one of the prime reasons driving the Cryogenic Vials Market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Cryogenic Vials Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • 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

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • Preface
  • Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market segmentation analysis
  • Value Chain Analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market size and forecast 2019-2024
  • Market Outlook

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TYPE

  • Market segmentation by type
  • Comparison by type
  • Internally threaded cryogenic vials – Market size and forecast 2019-2024
  • Externally threaded cryogenic vials – Market size and forecast 2019-2024
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America – Market size and forecast 2019-2024
  • Europe – Market size and forecast 2019-2024
  • Asia – Market size and forecast 2019-2024
  • ROW – Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

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

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Avantor Inc.
  • BIOLOGIX GROUP Ltd.
  • Brooks Automation, Inc.
  • Corning Inc.
  • DWK Life Sciences GmbH
  • Merck KGaA
  • SARSTEDT AG & Co. KG
  • StemCell Technologies Inc.
  • Sumitomo Bakelite Co. Ltd.
  • Thermo Fisher Scientific Inc.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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