Market Overview:
The global stem cell cryopreservation equipment market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for stem cell therapies and rising number of stem cell banks. The liquid phase stem cell cryopreservation equipment segment is expected to dominate the global market during the forecast period. This can be attributed to its ability to preserve high-quality cells and tissues at low temperatures. The vapor phase stem cell cryopreservation equipment segment is projected to grow at a higher CAGR during the forecast period, owing to its advantages such as easy handling, compact size, and low power consumption. On the basis of application, cord blood banking accounted for majority share of the global market in 2017; however, other applications are projected register higher growth rate during the forecast period owing increase in adoption rates across various geographies.
Product Definition:
Stem cell cryopreservation equipment is used to freeze and store stem cells. The importance of stem cell cryopreservation equipment is that it allows researchers to preserve and store stem cells for future use.
Liquid Phase Stem Cell Cryopreservation Equipment:
Liquid phase stem cell cryopreservation equipment is used for the purpose of preserving biological material in liquid form. The process involves the use of extremely low temperatures and very small volumes to store cells or other biological materials that would normally degenerate within a matter of hours or days.
The preservation technique has applications across all areas where rapid freezing is required such as clinical trials, drug discovery, academic research, etc.
Vapor Phase Stem Cell Cryopreservation Equipment:
The vapor phase stem cell (VPSC) cryopreservation equipment is used to store cells in a frozen state at a very low temperature. The VPSC cryopreservation process involves the removal of water from the cell membranes through osmosis, followed by their replacement with glycerol as an ice-like substance.
The major advantage of this technology is that it allows researchers to preserve any type of stem cells.
Application Insights:
Cord blood stem cell cryopreservation segment held the largest market share in 2017 owing to its wide usage as a source of stem cells for transplantation. With an increasing number of baby boomers, there has been a rise in demand for preservation of newborn¢â‚¬â„¢s cord blood which can be used as a potential source for regenerative medicine.
The other stem cell preservation segment is expected to grow at the fastest rate during the forecast period due to its wide applications including bone marrow and peripheral blood progenitor storage. The availability of public cord blood banks at affordable fees has also led to increased adoption of these facilities by individuals who previously discarded their baby ¢â‚¬Å“plastic¢â‚¬ after birth or donated it without getting any benefit from it.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of private and public sector organizations involved in stem cell research. Moreover, increasing investments by these organizations for R&D activities is expected to fuel growth over the forecast period. The U.S., which accounted for more than 80% share in North America, is anticipated to be a major revenue generator owing to its well-established healthcare infrastructure and high adoption of advanced technologies across various medical sectors including stem cell therapy.
Asia Pacific region is projected to witness lucrative growth during the forecast period due to rising awareness about stem cell therapies among patients as well as physicians coupled with government support aimed at promoting medical tourism especially for expensive treatment alternatives such as frozen Stem Cell Cryopreservation (FSC).
Growth Factors:
- Increasing demand for stem cell therapies for various diseases is expected to drive the growth of the stem cell cryopreservation equipment market.
- Rising number of stem cell banks and increasing funding for research on regenerative medicine is also anticipated to fuel the growth of this market in the coming years.
- Growing awareness about the benefits of stem cells therapies is also projected to boost demand for these equipments in near future.
- Technological advancements in cryopreservation equipment are likely to create new opportunities for this market during forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Stem Cell Cryopreservation Equipment Market Research Report
By Type
Liquid Phase Stem Cell Cryopreservation Equipment, Vapor Phase Stem Cell Cryopreservation Equipment
By Application
Cord Blood Stem Cell Cryopreservation, Other Stem Cell Cryopreservation
By Companies
Chart, Worthington Industries, Cesca Therapeutics, Shengjie Cryogenic Equipment, Sichuan Mountain Vertical, Qingdao Beol
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
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Stem Cell Cryopreservation Equipment Market Report Segments:
The global Stem Cell Cryopreservation Equipment market is segmented on the basis of:
Types
Liquid Phase Stem Cell Cryopreservation Equipment, Vapor Phase Stem Cell Cryopreservation Equipment
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
Cord Blood Stem Cell Cryopreservation, Other Stem Cell Cryopreservation
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:
- Chart
- Worthington Industries
- Cesca Therapeutics
- Shengjie Cryogenic Equipment
- Sichuan Mountain Vertical
- Qingdao Beol
Highlights of The Stem Cell Cryopreservation Equipment 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:
- Liquid Phase Stem Cell Cryopreservation Equipment
- Vapor Phase Stem Cell Cryopreservation Equipment
- By Application:
- Cord Blood Stem Cell Cryopreservation
- Other Stem Cell Cryopreservation
- 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 Stem Cell Cryopreservation Equipment 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
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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?
Stem cell cryopreservation equipment is a device that helps to preserve stem cells.
Some of the key players operating in the stem cell cryopreservation equipment market are Chart, Worthington Industries, Cesca Therapeutics, Shengjie Cryogenic Equipment, Sichuan Mountain Vertical, Qingdao Beol.
The stem cell cryopreservation equipment market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Stem Cell Cryopreservation Equipment 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 Stem Cell Cryopreservation Equipment Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Stem Cell Cryopreservation Equipment 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 Stem Cell Cryopreservation Equipment 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 Stem Cell Cryopreservation Equipment Market Size & Forecast, 2018-2028 4.5.1 Stem Cell Cryopreservation Equipment Market Size and Y-o-Y Growth 4.5.2 Stem Cell Cryopreservation Equipment Market Absolute $ Opportunity
Chapter 5 Global Stem Cell Cryopreservation Equipment 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 Stem Cell Cryopreservation Equipment Market Size Forecast by Type
5.2.1 Liquid Phase Stem Cell Cryopreservation Equipment
5.2.2 Vapor Phase Stem Cell Cryopreservation Equipment
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Stem Cell Cryopreservation Equipment 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 Stem Cell Cryopreservation Equipment Market Size Forecast by Applications
6.2.1 Cord Blood Stem Cell Cryopreservation
6.2.2 Other Stem Cell Cryopreservation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Stem Cell Cryopreservation Equipment 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 Stem Cell Cryopreservation Equipment 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 Stem Cell Cryopreservation Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Stem Cell Cryopreservation Equipment 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 Stem Cell Cryopreservation Equipment Market Size Forecast by Type
9.6.1 Liquid Phase Stem Cell Cryopreservation Equipment
9.6.2 Vapor Phase Stem Cell Cryopreservation Equipment
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 Stem Cell Cryopreservation Equipment Market Size Forecast by Applications
9.10.1 Cord Blood Stem Cell Cryopreservation
9.10.2 Other Stem Cell Cryopreservation
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 Stem Cell Cryopreservation Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Stem Cell Cryopreservation Equipment 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 Stem Cell Cryopreservation Equipment Market Size Forecast by Type
10.6.1 Liquid Phase Stem Cell Cryopreservation Equipment
10.6.2 Vapor Phase Stem Cell Cryopreservation Equipment
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 Stem Cell Cryopreservation Equipment Market Size Forecast by Applications
10.10.1 Cord Blood Stem Cell Cryopreservation
10.10.2 Other Stem Cell Cryopreservation
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 Stem Cell Cryopreservation Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Stem Cell Cryopreservation Equipment 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 Stem Cell Cryopreservation Equipment Market Size Forecast by Type
11.6.1 Liquid Phase Stem Cell Cryopreservation Equipment
11.6.2 Vapor Phase Stem Cell Cryopreservation Equipment
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 Stem Cell Cryopreservation Equipment Market Size Forecast by Applications
11.10.1 Cord Blood Stem Cell Cryopreservation
11.10.2 Other Stem Cell Cryopreservation
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 Stem Cell Cryopreservation Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Stem Cell Cryopreservation Equipment 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 Stem Cell Cryopreservation Equipment Market Size Forecast by Type
12.6.1 Liquid Phase Stem Cell Cryopreservation Equipment
12.6.2 Vapor Phase Stem Cell Cryopreservation Equipment
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 Stem Cell Cryopreservation Equipment Market Size Forecast by Applications
12.10.1 Cord Blood Stem Cell Cryopreservation
12.10.2 Other Stem Cell Cryopreservation
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) Stem Cell Cryopreservation Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Stem Cell Cryopreservation Equipment 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) Stem Cell Cryopreservation Equipment Market Size Forecast by Type
13.6.1 Liquid Phase Stem Cell Cryopreservation Equipment
13.6.2 Vapor Phase Stem Cell Cryopreservation Equipment
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) Stem Cell Cryopreservation Equipment Market Size Forecast by Applications
13.10.1 Cord Blood Stem Cell Cryopreservation
13.10.2 Other Stem Cell Cryopreservation
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 Stem Cell Cryopreservation Equipment Market: Competitive Dashboard
14.2 Global Stem Cell Cryopreservation Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Chart
14.3.2 Worthington Industries
14.3.3 Cesca Therapeutics
14.3.4 Shengjie Cryogenic Equipment
14.3.5 Sichuan Mountain Vertical
14.3.6 Qingdao Beol