Market Overview:
The global liquid nitrogen freezing chamber market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for liquid nitrogen freezing chambers from athletes recovering, patient treatment, and other applications. North America is expected to dominate the global liquid nitrogen freezing chamber market during the forecast period owing to the presence of major players in this region and rising demand for these chambers from various end-use industries.
Product Definition:
A liquid nitrogen freezing chamber is a device used to freeze objects rapidly. The importance of a liquid nitrogen freezing chamber is that it can quickly and efficiently freeze objects without causing any damage to them.
Vertical Chambers:
Vertical Freezing Chamber (VFC) is a device used to freeze liquid nitrogen. It consists of an insulated container, which is filled with the desired quantity of liquid and then connected to a cryogenic tank through a flexible hose. The cryogenic tank may be located on the ground or in the ceiling depending upon its location and size. VFCs are widely used for shipping, storing & handling biological samples as well as medical specimens that require deepfreeze preservation at extremely low temperatures.
Horizontal Chambers:
Horizontal chambers are used in liquid nitrogen freezers to separate the liquid nitrogen from the air. The product is widely used by end-use industries such as healthcare, research institutes, and manufacturing companies for various processes including cooling of chemicals and biological materials.
The market is expected to grow at a significant rate owing to increasing demand for LN2 freezing chamber from pharmaceuticals & biotechnology industry coupled with growing R&D activities in this sector.
Application Insights:
The other application segment includes research applications, industrial processing and food & beverages. The demand for LN2 freezing in the food & beverage industry is projected to witness growth at a CAGR of XX% from 2018 to 2030 owing to its use in maintaining freshness and quality of perishable foods and beverages during transit or storage.
Liquid nitrogen is widely used by athletes recovering as it reduces inflammation caused due to excessive training, helps reduce pain caused by DOMS (delayed onset muscle soreness) and also aids in the healing process after an injury has healed. It also helps improve performance post-workout as it enhances protein synthesis which leads to faster recovery time between workouts.
Nitrogen gas is required for various processes such as manufacturing pharmaceuticals, semiconductors, fuel cells among others that require low temperatures below 0°C(32 ƒÆ’0 F).
Regional Analysis:
North America was the leading revenue contributor in 2017. The region is expected to maintain its position throughout the forecast period owing to increasing demand for LN2 from various application segments, such as research laboratories and clinical diagnostics. In addition, rising healthcare expenditure by the government and an increase in number of hospitals are also contributing towards market growth in this region.
Asia Pacific is anticipated to be one of the fastest-growing regions over a forecast period due to factors such as growing medical tourism industry, improving healthcare infrastructure facilities and rise in disposable income levels among patients & their families. Moreover, increasing investments by key players for manufacturing high-quality products at competitive prices will drive regional growth further. For instance, CryoLife Corporation has entered into distribution agreement with Bireme Distribution Sdn Bhd for distributing its products including vertical freezing chamber line CRYOLIFE VITRISERIES across Malaysia since 2018 ( www.biremedistroi ltd/cryolife ).
Growth Factors:
- Increasing demand for food freezing and storage owing to changing food habits and preferences across the globe.
- Growing inclination of consumers towards processed and frozen foods, which is expected to boost the liquid nitrogen freezing chamber market growth over the forecast period.
- Proliferation of supermarkets, hypermarkets, convenience stores, and online retail channels that offer a wide variety of frozen food products is anticipated to fuel the liquid nitrogen freezing chamber market growth in near future.
- Technological advancements in liquid nitrogen freezers that are equipped with features such as alarms for low temperature levels and automatic defrosting are likely to propel the demand for these chambers during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Liquid Nitrogen Freezing Chamber Market Research Report
By Type
Vertical Chambers, Horizontal Chambers
By Application
Athletes Recovering, Patient Treatment, Other
By Companies
Physio Recup, Tasly, Armin Shegarf Co. Ltd., Chart MVE BioMedical, Impact Cryotherapy, JUKA, KRION, MECOTEC, VACUACTIVUS
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
145
Number of Tables & Figures
102
Customization Available
Yes, the report can be customized as per your need.
Global Liquid Nitrogen Freezing Chamber Market Report Segments:
The global Liquid Nitrogen Freezing Chamber market is segmented on the basis of:
Types
Vertical Chambers, Horizontal Chambers
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
Athletes Recovering, Patient Treatment, 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:
- Physio Recup
- Tasly
- Armin Shegarf Co. Ltd.
- Chart MVE BioMedical
- Impact Cryotherapy
- JUKA
- KRION
- MECOTEC
- VACUACTIVUS
Highlights of The Liquid Nitrogen Freezing Chamber 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:
- Vertical Chambers
- Horizontal Chambers
- By Application:
- Athletes Recovering
- Patient Treatment
- 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 Liquid Nitrogen Freezing Chamber 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 liquid nitrogen freezing chamber is a specialized cold storage facility used to store food and other perishables at temperatures below -196 degrees Fahrenheit. The chambers are filled with inert gas, such as nitrogen, which freezes the contents solid. This prevents spoilage and makes the items more durable in the event of a power outage or natural disaster.
Some of the major companies in the liquid nitrogen freezing chamber market are Physio Recup, Tasly, Armin Shegarf Co. Ltd., Chart MVE BioMedical, Impact Cryotherapy, JUKA, KRION, MECOTEC, VACUACTIVUS.
The liquid nitrogen freezing chamber market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Liquid Nitrogen Freezing Chamber 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 Liquid Nitrogen Freezing Chamber Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Liquid Nitrogen Freezing Chamber 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 Liquid Nitrogen Freezing Chamber 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 Liquid Nitrogen Freezing Chamber Market Size & Forecast, 2020-2028
4.5.1 Liquid Nitrogen Freezing Chamber Market Size and Y-o-Y Growth
4.5.2 Liquid Nitrogen Freezing Chamber 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 Vertical Chambers
5.2.2 Horizontal Chambers
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 Athletes Recovering
6.2.2 Patient Treatment
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Liquid Nitrogen Freezing Chamber 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 Liquid Nitrogen Freezing Chamber 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 Vertical Chambers
9.6.2 Horizontal Chambers
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 Athletes Recovering
9.10.2 Patient Treatment
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 Vertical Chambers
10.6.2 Horizontal Chambers
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 Athletes Recovering
10.10.2 Patient Treatment
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 Vertical Chambers
11.6.2 Horizontal Chambers
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 Athletes Recovering
11.10.2 Patient Treatment
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 Vertical Chambers
12.6.2 Horizontal Chambers
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 Athletes Recovering
12.10.2 Patient Treatment
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 Vertical Chambers
13.6.2 Horizontal Chambers
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 Athletes Recovering
13.10.2 Patient Treatment
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 Liquid Nitrogen Freezing Chamber Market: Competitive Dashboard
14.2 Global Liquid Nitrogen Freezing Chamber Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Physio Recup
14.3.2 Tasly
14.3.3 Armin Shegarf Co. Ltd.
14.3.4 Chart MVE BioMedical
14.3.5 Impact Cryotherapy
14.3.6 JUKA
14.3.7 KRION
14.3.8 MECOTEC
14.3.9 VACUACTIVUS
