The global cryogenic vial rack market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for cryogenic vial racks in hospitals and research and development institutes. Hospitals are using these racks for storing blood samples, which are required for various tests such as blood typing, DNA testing, and others. Research and development institutes use these racks for storing biological samples such as cells or tissues that are used in experiments or research studies. Drug manufacturers use these racks to store drugs that need to be stored at low temperatures such as vaccines or other medicines that require refrigeration. Pathology labs also use these racks for storing biopsy specimens before they are processed by a pathologist who will examine them under a microscope. The polycarbonate cryogenic vial rack segment is expected to account for the largest share of the global market during the forecast period due to its high durability and resistance against corrosion when compared with other types of materials used in manufacturing cryogenic vial racks such as polyethylene or polypropylene. Polycarbonate is also lightweight which makes it easier to transport than other types of materials used in manufacturing cryogenic vial racks which makes it more suitable for hospitals where space constraints may exist due to limited storage space available on site.
- Increasing demand for biopharmaceuticals and increasing number of clinical trials are the major drivers for the growth of this market.
- Increasing awareness about the benefits of biopharmaceuticals and increasing government funding are also driving factors for this market.
- The high cost associated with these racks is a major restraint in this market.
- North America dominates the global cryogenic vial rack market.
Industry Growth Insights published a new data on “Cryogenic Vial Rack Market”. The research report is titled “Cryogenic Vial Rack Market research by Types (Polycarbonate Cryogenic Vial Rack, Polyethylene Cryogenic Vial Rack, Polypropylene Cryogenic Vial Rack, Others), By Applications (Hospitals, Research and Development Institutes, Drug Manufacturers, Pathology Labs, Others), By Players/Companies Electron Microscopy Sciences, BioCision, Heathrow Scientific, CELLTREAT Scientific Products, Spectrum Chemical, Corning”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cryogenic Vial Rack Market Research Report
By Type
Polycarbonate Cryogenic Vial Rack, Polyethylene Cryogenic Vial Rack, Polypropylene Cryogenic Vial Rack, Others
By Application
Hospitals, Research and Development Institutes, Drug Manufacturers, Pathology Labs, Others
By Companies
Electron Microscopy Sciences, BioCision, Heathrow Scientific, CELLTREAT Scientific Products, Spectrum Chemical, Corning
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Cryogenic Vial Rack Market Report Segments:
The global Cryogenic Vial Rack market is segmented on the basis of:
Types
Polycarbonate Cryogenic Vial Rack, Polyethylene Cryogenic Vial Rack, Polypropylene Cryogenic Vial Rack, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Research and Development Institutes, Drug Manufacturers, Pathology Labs, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Electron Microscopy Sciences
- BioCision
- Heathrow Scientific
- CELLTREAT Scientific Products
- Spectrum Chemical
- Corning
Highlights of The Cryogenic Vial Rack Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polycarbonate Cryogenic Vial Rack
- Polyethylene Cryogenic Vial Rack
- Polypropylene Cryogenic Vial Rack
- Others
- By Application:
- Hospitals
- Research and Development Institutes
- Drug Manufacturers
- Pathology Labs
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Cryogenic Vial Rack Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A cryogenic vial rack is a device used to store and organize cryopreserved biological specimens.
Some of the major companies in the cryogenic vial rack market are Electron Microscopy Sciences, BioCision, Heathrow Scientific, CELLTREAT Scientific Products, Spectrum Chemical, Corning.
The cryogenic vial rack market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Cryogenic Vial Rack Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Cryogenic Vial Rack Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Cryogenic Vial Rack Market - Supply Chain
4.5. Global Cryogenic Vial Rack Market Forecast
4.5.1. Cryogenic Vial Rack Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Cryogenic Vial Rack Market Size (000 Units) and Y-o-Y Growth
4.5.3. Cryogenic Vial Rack Market Absolute $ Opportunity
5. Global Cryogenic Vial Rack Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Cryogenic Vial Rack Market Size and Volume Forecast by Type
5.3.1. Polycarbonate Cryogenic Vial Rack
5.3.2. Polyethylene Cryogenic Vial Rack
5.3.3. Polypropylene Cryogenic Vial Rack
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Cryogenic Vial Rack Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Cryogenic Vial Rack Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Research and Development Institutes
6.3.3. Drug Manufacturers
6.3.4. Pathology Labs
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Cryogenic Vial Rack Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Cryogenic Vial Rack Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Cryogenic Vial Rack Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Cryogenic Vial Rack Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Cryogenic Vial Rack Demand Share Forecast, 2019-2026
9. North America Cryogenic Vial Rack Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Cryogenic Vial Rack Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Cryogenic Vial Rack Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Research and Development Institutes
9.4.3. Drug Manufacturers
9.4.4. Pathology Labs
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Cryogenic Vial Rack Market Size and Volume Forecast by Type
9.7.1. Polycarbonate Cryogenic Vial Rack
9.7.2. Polyethylene Cryogenic Vial Rack
9.7.3. Polypropylene Cryogenic Vial Rack
9.7.4. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Cryogenic Vial Rack Demand Share Forecast, 2019-2026
10. Latin America Cryogenic Vial Rack Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Cryogenic Vial Rack Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Cryogenic Vial Rack Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Research and Development Institutes
10.4.3. Drug Manufacturers
10.4.4. Pathology Labs
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Cryogenic Vial Rack Market Size and Volume Forecast by Type
10.7.1. Polycarbonate Cryogenic Vial Rack
10.7.2. Polyethylene Cryogenic Vial Rack
10.7.3. Polypropylene Cryogenic Vial Rack
10.7.4. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Cryogenic Vial Rack Demand Share Forecast, 2019-2026
11. Europe Cryogenic Vial Rack Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Cryogenic Vial Rack Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Cryogenic Vial Rack Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Research and Development Institutes
11.4.3. Drug Manufacturers
11.4.4. Pathology Labs
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Cryogenic Vial Rack Market Size and Volume Forecast by Type
11.7.1. Polycarbonate Cryogenic Vial Rack
11.7.2. Polyethylene Cryogenic Vial Rack
11.7.3 Polypropylene Cryogenic Vial Rack
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Cryogenic Vial Rack Demand Share, 2019-2026
12. Asia Pacific Cryogenic Vial Rack Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Cryogenic Vial Rack Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Cryogenic Vial Rack Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Research and Development Institutes
12.4.3. Drug Manufacturers
12.4.4. Pathology Labs
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Cryogenic Vial Rack Market Size and Volume Forecast by Type
12.7.1. Polycarbonate Cryogenic Vial Rack
12.7.2. Polyethylene Cryogenic Vial Rack
12.7.3. Polypropylene Cryogenic Vial Rack
12.7.4. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Cryogenic Vial Rack Demand Share, 2019-2026
13. Middle East & Africa Cryogenic Vial Rack Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Cryogenic Vial Rack Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Cryogenic Vial Rack Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Research and Development Institutes
13.4.3. Drug Manufacturers
13.4.4. Pathology Labs
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Cryogenic Vial Rack Market Size and Volume Forecast by Type
13.7.1. Polycarbonate Cryogenic Vial Rack
13.7.2. Polyethylene Cryogenic Vial Rack
13.7.3. Polypropylene Cryogenic Vial Rack
13.7.4. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Cryogenic Vial Rack Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Cryogenic Vial Rack Market: Market Share Analysis
14.2. Cryogenic Vial Rack Distributors and Customers
14.3. Cryogenic Vial Rack Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Electron Microscopy Sciences
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BioCision
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Heathrow Scientific
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CELLTREAT Scientific Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Spectrum Chemical
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Corning
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook