Cryogenic Vials Market Anticipated US$ 238.6 million by 2032: In Depth Research Report by FMI

Cryogenic vials are specialized containers designed to store biological and chemical samples at extremely low temperatures, typically below -150 degrees Celsius (-238 degrees Fahrenheit). These vials are crucial for preserving the integrity of samples, especially in applications such as cell culture, genetics, biobanking, and other scientific and medical research fields.

The cryogenic vials market is poised for substantial growth, with projected sales rising at a commendable Compound Annual Growth Rate (CAGR) of 4.2% over the forecast period. The market’s estimated valuation in 2022 stands at a significant US$ 158.1 million, and it is expected to experience robust expansion, ultimately surpassing US$ 238.6 million by the year 2032.

Among the various closure types available for cryogenic vials, two prominent categories take the spotlight: internally threaded cryogenic vials and externally threaded cryogenic vials. Notably, internally threaded cryogenic vials claim the lion’s share, contributing to a substantial 55% of the total revenue. This dominance reflects their widespread use and preference across various applications.

Furthermore, when considering the primary application industry for cryogenic vials, the research sector emerges as the frontrunner, accounting for a significant share of over 35%. This underscores the indispensable role cryogenic vials play in preserving and safeguarding precious research samples, contributing significantly to their widespread adoption and market growth.

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Key features and considerations in the Cryogenic Vials Market may include:

  1. Material and Design: Cryogenic vials are constructed from materials that can withstand extremely low temperatures, such as polypropylene. The design often includes a screw cap with a secure sealing mechanism to prevent sample contamination and ensure a tight seal during storage in cryogenic conditions.
  2. Sample Preservation: The primary purpose of cryogenic vials is to preserve the viability and integrity of biological and chemical samples for extended periods. These vials are crucial in maintaining the quality of samples for research, clinical, and diagnostic purposes.
  3. Identification and Traceability: Cryogenic vials often come with features for easy identification and traceability. This may include alphanumeric coding, color-coding, and barcoding to facilitate proper sample management and tracking.
  4. Temperature Resistance: Cryogenic vials are designed to withstand extremely low temperatures without compromising their structural integrity. This is important for ensuring the safety and stability of the stored samples.
  5. Sizes and Capacities: Cryogenic vials are available in various sizes and capacities to accommodate different sample volumes. This versatility allows researchers to choose the most suitable vial for their specific experimental or storage requirements.
  6. Autoclavability: Many cryogenic vials are designed to be autoclavable, allowing for sterilization before use. This feature ensures the elimination of contaminants that could affect sample integrity.
  7. Compatibility with Cryogenic Storage Systems: Cryogenic vials are often compatible with automated cryogenic storage systems, making them suitable for high-throughput research environments where large numbers of samples need to be stored and accessed efficiently.
  8. Quality and Certification: Given the critical nature of the samples stored in cryogenic vials, quality assurance and compliance with relevant standards and certifications are paramount. Manufacturers may adhere to guidelines such as Good Manufacturing Practice (GMP) and International Organization for Standardization (ISO) standards.

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Growth Factors

The cryopreservation function of cryogenic vials plays a pivotal role in safeguarding temperature-sensitive samples, including cells, animal tissues, and proteins. These valuable specimens are highly susceptible to the alteration of their chemical properties when exposed to room temperature. Hence, the cryogenic vials are indispensable for preserving them well below sub-zero temperatures. Furthermore, the demand for cryogenic vials is poised for continued growth, thanks to their proficiency in virus preservation, exceptional sealing performance, user-friendly sample collection, and portability.

Cryogenic vials find a multitude of applications within the healthcare sector. This burgeoning utilization can be attributed to the escalating prevalence of chronic diseases such as diabetes, communicable diseases, and cancer. Additionally, the integration of barcoding technology with cryogenic vials not only allows for the incorporation of vital data for future reference but also streamlines the process of easy identification. These features are expected to propel the adoption of cryogenic vials in healthcare institutions, further underlining their significance in modern healthcare and research settings.

Key Market Players

  • BioCision LLC
  • Sumitomo Bakelite Co. Ltd.
  • Starlab International GmbH
  • Capp ApS
  • Incell Technologies
  • Ziath Ltd.
  • Argos Technologies Inc.
  • Azer Scientific Inc.
  • E&K Scientific Products Inc.
  • Evergreen Scientific
  • CELLTREAT Scientific Products
  • BIOLOGIX GROUP LTD.
  • Abdos Labtech Private Limited
  • Simport Plastics Limited

Key Segments Profiled in the Cryogenic Vials Market Survey

By Product Type:

  • Self-Standing
  • Round Bottom

By Capacity Type:

  • 0.5ml-1ml
  • 1ml-2ml
  • 2ml-5ml

By Material Type:

  • Polypropylene
  • Polyethylene

By Closure Type:

  • External Thread
  • Internal Thread

By End User:

  • Research Organization
  • Drug Manufacturers
  • Healthcare Institutions

By Region:

  • North America
  • Latin America
  • Asia Pacific
  • MEA
  • Europe

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

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