Cryo Box Market to Grow by USD 134.27 million from 2022 to 2027

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30 Aug, 2023, 22:00 ET

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NEW YORK, Aug. 30, 2023 /CNW/ - The global cryo box market size is estimated to increase by USD 134.27 million from 2022 to 2027. The market's growth momentum will progress at a CAGR of 7.12% during the forecast period. The rising adoption of cryopreservation procedures drives the market growth during the forecast period. The cryopreservation procedures extensively utilize ultra-low temperatures (<150 C) for preserving biological samples. Some of the various uses of this method include the preservation of cells and organs, molecular biology and chemistry, cryosurgery, food science, and medical applications, among others. The main advantage of the cryopreservation method is that it significantly minimizes the cost associated with regular stock ordering by effective cryopreservation of biological materials like cells and tissues. Hence, such factors are expected to drive market growth during the forecast period. Discover some insights on market size historic period (2017 to 2021), and Forecast (2023 to 2027) before buying the full report -Request a sample report

Cryo box market – Company AnalysisCompany Landscape - The global cryo box market is fragmented, with the presence of several global as well as regional companies. A few prominent companies that offer cryo boxes in the market are Abdos Labtech Pvt. Ltd., AHN Biotechnologie GmbH, Aritech Chemazone Pvt. Ltd., Biologix Group Ltd., Corning Inc., Crystal Technology and Industries Inc., Eppendorf SE, GENAXY SCIENTIFIC PVT. LTD., GLW Storing Systems GmbH, Greiner AG, Heathrow Scientific LLC, Hospital Equipment Manufacturing Co., JaincoLab, National Analytical Corp., Naugra Export, Starlab International GmbH, TENAK AS, Thermo Fisher Scientific Inc., Wildcat Wholesale LLC, and Wuxi NEST Biotechnology Co. Ltd. and others.

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Cryo Box Market - Segmentation AssessmentSegment OverviewThis cryo box market report extensively covers market segmentation by material (polypropylene, polycarbonate, laminated cardboard, and moisture-repellent fiberboard), capacity (less than 0.5 ml, 0.6 to 1 ml, 1.1 to 1.7 ml, 1.8 to 2 ml, and more than 2 ml), and geography (North America, Europe, APAC, South America, and Middle East and Africa).

Geography OverviewBy geography, the global cryo box market is segmented into North America, Europe, APAC, South America, and the Middle East and Africa. The report provides actionable insights and estimates the contribution of all regions to the growth of the global cryo box market.

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Cryo Box Market – Market Dynamics

Drivers, Trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

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Cryo Box Market Scope

Report Coverage

Details

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 7.12%

Market growth 2023-2027

USD 134.27 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

6.59

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 37%

Key countries

US, China, India, Japan, and UK

Competitive landscape

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

Key companies profiled

Abdos Labtech Pvt. Ltd., AHN Biotechnologie GmbH, Aritech Chemazone Pvt. Ltd., Biologix Group Ltd., Corning Inc., Crystal Technology and Industries Inc., Eppendorf SE, GENAXY SCIENTIFIC PVT. LTD., GLW Storing Systems GmbH, Greiner AG, Heathrow Scientific LLC, Hospital Equipment Manufacturing Co., JaincoLab, National Analytical Corp., Naugra Export, Starlab International GmbH, TENAK AS, Thermo Fisher Scientific Inc., Wildcat Wholesale LLC, and Wuxi NEST Biotechnology Co. Ltd.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents

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