Cryoboxes Market Analysis: Industry Anticipated 6-7% CAGR by 2031

Cryoboxes, also known as freezer boxes or storage boxes, are containers designed for the organized storage of cryogenic vials or tubes in ultra-low temperature freezers, typically at temperatures of -80°C or lower. These boxes are commonly used in laboratories, biobanks, and research facilities for the long-term storage of biological samples, including DNA, RNA, proteins, and cells.

According to projections from FMI, the cryobox market is expected to witness a robust growth rate ranging between 6.0% to 7.0% throughout the forecast period. This surge in demand is primarily fueled by the urgent need for cryogenic storage solutions spurred by the global distribution of COVID-19 vaccines, coupled with the rapid expansion of the biopharmaceutical sector worldwide.

Cryoboxes serve as indispensable tools for storing samples within cryogenic vials and tubes, enduring extreme temperature conditions with resilience and reliability. Offering versatility to meet diverse customer needs, cryoboxes can be tailored and customized according to specific capacity requirements. Noteworthy features of cryoboxes include printed location grids, facilitating efficient sample organization, hinged lids for convenient access, and a moisture-repellent coating, ensuring the integrity and longevity of stored samples.

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Key Trends

The emergence of ultra-low freezers (ULTs) represents a groundbreaking advancement within the refrigeration sector, reshaping conventional practices. Originally designed for the storage of biological specimens, ULTs have experienced a resurgence in demand following the announcement by key vaccine developers such as Pfizer and BioNTech, specifying the necessity for vaccine storage at exceedingly low temperatures, reaching as low as -70°C. This resurgence in ULT production is anticipated to drive the innovation and production of compatible cryoboxes, essential for the secure storage of vaccine samples.

An enlightening article published by BioMed Central Ltd. on March 24th, 2021, delves into the intricacies of cryopreservation, shedding light on its widespread applications across various domains. The article forecasts significant implications for the future of medicine and drug discovery, with cryopreservation poised to play a pivotal role. This projected expansion in cryopreservation applications is not only projected to bolster the market for cryoboxes but also to catalyze advancements in product development, thereby contributing to the evolution of medical and pharmaceutical practices.

Key features and characteristics of cryoboxes:

  1. Material: Cryoboxes are usually made of durable materials such as polycarbonate, polypropylene, or cardboard. These materials are resistant to extreme temperatures and chemical exposure, ensuring the integrity of stored samples.
  2. Design: Cryoboxes are typically designed to accommodate standard-sized cryogenic vials or tubes, with each box containing multiple compartments or wells arranged in a grid pattern. The boxes are available in various configurations, including 9×9, 10×10, or 12×12 grids, depending on the size and capacity of the vials.
  3. Identification: Cryoboxes often feature alphanumeric grid labeling on the lid or side of the box, allowing users to easily identify the location of specific samples within the box. Some boxes may also have removable grid dividers or color-coded grids for further organization.
  4. Stackability: Cryoboxes are designed to be stackable, allowing for efficient use of freezer space and easy access to multiple boxes when needed. Stackable cryoboxes may have interlocking features or grooves on the lid and base to prevent sliding or tipping.

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Key Players

  • Argos Technologies
  • DWK Life Sciences
  • Merck KGaA
  • Thermo Fisher Scientific
  • Heathrow Scientific
  • VWR International, LLC
  • Corning Incorporated
  • Greiner Bio- One
  • AHN Biotechnologie GmbH
  • Bel-Art Products
  • Brooks Life Sciences
  • Globe Scientific
  • Capp ApS
  • Simport Scientific
  • Bioline Technologies
  • Biologix Group Ltd.
  • Luck Medical Consumables Co. Ltd.

Key Segments of Cryoboxes Market Covered in the Report

By Material Type:

  • Plastic
    • Polypropylene (PP)
    • Polycarbonate (PC)
  • Cardboard
  • Fiberboard

After Capacity

  • Below 0.5 ml
  • 0.5 ml to 1.5 ml
  • 1.6 ml to 2.5 ml
  • Above 2.5 ml

By Application:

  • Research laboratories
  • Pathology laboratories
  • Diagnostic centers

By Region:

  • North America
  • Latin America
  • Europe
  • South Asia
  • East Asia
  • Oceania
  • Middle East & Africa (MEA)

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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