Market Overview:
Cryonics technology is used to preserve the body of a person who has died in order to possibly restore them to life in the future. The global cryonics technology market is segmented on the basis of type, application and region. On the basis of type, it is divided into slow freezing, vitrification and ultra-rapid freezing. Slow freezing is further sub-segmented into two types: controlled rate cooling and ice bath cooling. Vitrification is further sub-segmented into two types: glycerol based vitrification and silicone oil based vitrification. Ultra-rapid freezing is further sub-segmented into two types: liquid nitrogen vaporization and solid carbon dioxide immersion. The global cryonics technology market was valued at US$ XX million in 2017.
Product Definition:
Cryonics technology is the preservation of cells, tissues or organs by freezing them. The importance of cryonics technology is that it may preserve cells, tissues or organs so they can be used in the future to treat illness or injury.
Slow freezing:
The cryonics technology market is expected to grow at a CAGR of XX% during the forecast period. The major drivers for this growth are increasing life expectancy, rising healthcare costs and growing demand for preservation of human body parts & DNA in low temperature. Cryonics is the technology used to preserve human body parts &DNA at extremely low temperatures ranging from -80°C to -150°C.
Vitrification:
Vitrification is a process in which the cells are heated to extremely high temperatures (around -80°C) for a very short period of time. This procedure makes the cell contents vaporize and allows rapid freezing of the liquid vitreous mass that remains. The major advantage of this technology is that it offers rapid cooling after warming up, thus preventing damage to cellular components.
Application Insights:
Based on application, the global cryonics technology market has been segmented into hospital, research and others. The hospital segment dominated the market in 2017 owing to increasing number of patients who are suffering from life-threatening conditions and a high prevalence of chronic diseases. According to a study published by the WHO in 2018, it is estimated that around 1.7 billion people globally suffer from diabetes and this disease affects mostly developing countries with higher incidence rates. Thus, cryopreservation of human tissues or organs would offer an alternative for treating these diseases which is likely to propel demand over the forecast period.
The other application segment includes healthcare facilities that offercryonic services for their employees as well as members of the public who have died but whose bodies are not suitable for conventional burial due to age or condition etc.
Regional Analysis:
North America dominated the global cryonics technology market in 2017. The presence of a large number of cryonics providers and high public acceptance are some factors contributing to its largest share. In addition, the region has been witnessing increasing demand for life-preserving procedures, which is expected to further boost the market growth over the forecast period.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to an increase in investments by leading players and introduction of advanced technologies such as 3D printing for rapid prototyping that can be used for creating models suitable for freezing or vitrification processes.
Growth Factors:
- Increasing demand for cryonics technology from the medical sector as a result of increasing incidences of chronic and terminal diseases.
- Growing awareness about the benefits of cryonics technology among people, especially in developed countries.
- Technological advancements in cryonics technology that improve its efficiency and accuracy.
- Rising funding for research and development in cryonics technology by private investors and government organizations worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cryonics Technology Market Research Report
By Type
Slow freezing, Vitrification, Ultra-rapid
By Application
Hospital, Research, Other
By Companies
Praxair, Cellulis, Cryologics, Cryotherm, KrioRus, VWR, Thermo Fisher Scientific, Custom Biogenic Systems, Oregon Cryonics, Alcor Life Extension Foundation, Osiris Cryonics, Sigma-Aldrich, Southern Cryonics
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
202
Number of Tables & Figures
142
Customization Available
Yes, the report can be customized as per your need.
Global Cryonics Technology Market Report Segments:
The global Cryonics Technology market is segmented on the basis of:
Types
Slow freezing, Vitrification, Ultra-rapid
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
Hospital, Research, Other
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:
- Praxair
- Cellulis
- Cryologics
- Cryotherm
- KrioRus
- VWR
- Thermo Fisher Scientific
- Custom Biogenic Systems
- Oregon Cryonics
- Alcor Life Extension Foundation
- Osiris Cryonics
- Sigma-Aldrich
- Southern Cryonics
Highlights of The Cryonics Technology 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:
- Slow freezing
- Vitrification
- Ultra-rapid
- By Application:
- Hospital
- Research
- Other
- 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 Cryonics Technology 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Cryonics technology is a process that uses low temperature to preserve human bodies or tissue. Cryonicists believe that when the body or tissue is frozen, it can be stored indefinitely and eventually restored to life.
Some of the key players operating in the cryonics technology market are Praxair, Cellulis, Cryologics, Cryotherm, KrioRus, VWR, Thermo Fisher Scientific, Custom Biogenic Systems, Oregon Cryonics, Alcor Life Extension Foundation, Osiris Cryonics, Sigma-Aldrich, Southern Cryonics.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cryonics Technology Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Cryonics Technology Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cryonics Technology Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Cryonics Technology Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Cryonics Technology Market Size & Forecast, 2020-2028
4.5.1 Cryonics Technology Market Size and Y-o-Y Growth
4.5.2 Cryonics Technology Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Slow freezing
5.2.2 Vitrification
5.2.3 Ultra-rapid
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Research
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cryonics Technology Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cryonics Technology Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Slow freezing
9.6.2 Vitrification
9.6.3 Ultra-rapid
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Research
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Slow freezing
10.6.2 Vitrification
10.6.3 Ultra-rapid
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Research
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Slow freezing
11.6.2 Vitrification
11.6.3 Ultra-rapid
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Research
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Slow freezing
12.6.2 Vitrification
12.6.3 Ultra-rapid
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Research
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Slow freezing
13.6.2 Vitrification
13.6.3 Ultra-rapid
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Research
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cryonics Technology Market: Competitive Dashboard
14.2 Global Cryonics Technology Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Praxair
14.3.2 Cellulis
14.3.3 Cryologics
14.3.4 Cryotherm
14.3.5 KrioRus
14.3.6 VWR
14.3.7 Thermo Fisher Scientific
14.3.8 Custom Biogenic Systems
14.3.9 Oregon Cryonics
14.3.10 Alcor Life Extension Foundation
14.3.11 Osiris Cryonics
14.3.12 Sigma-Aldrich
14.3.13 Southern Cryonics
