Global Cryopreservation Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Equipment;

Freezers - [Cryopreservation Freezers & Drystore Freezers], Incubators, Sample Preparation Systems and Accessories - [Cryopreservation Vials, Freezer Box, Cryocart, Cryogenic Vaporizer and Others]

By Cryogen;

Liquid Nitrogen, Oxygen ,Argon, and Liquid Helium

By Application;

Cord Blood Stem Cells, Semen & Testicular Tissues, Embryos & Oocytes, and Others

By End Users;

Stem Cells Banks, Biotechnology & Pharmaceutical Organizations , Contract Research Organizations, Stem Cell Research Laboratories, and Research & Academic Institutes

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn259833878 Published Date: May, 2025 Updated Date: June, 2025

Cryopreservation Equipment Market Overview

Cryopreservation Equipment Market (USD Million)

Cryopreservation Equipment Market was valued at USD 7,255.62 million in the year 2024. The size of this market is expected to increase to USD 15,063.84 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 11.0%.


Global Cryopreservation Equipment Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 11.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)11.0 %
Market Size (2024)USD 7,255.62 Million
Market Size (2031)USD 15,063.84 Million
Market ConcentrationLow
Report Pages315
7,255.62
2024
15,063.84
2031

Major Players

  • Thermo Fisher Scientific, Inc.
  • Custom Biogenic Systems
  • Chart Biomedical Co. Ltd.
  • Merck KGaA
  • Barber-Nichols Inc.
  • Praxair Technology, Inc.
  • Linde LLC
  • Planer PLC
  • Cryologic Pty. Ltd.
  • Charter Medicals
  • Nikkiso Cryo Inc

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Cryopreservation Equipment Market

Fragmented - Highly competitive market without dominant players


The Cryopreservation Equipment Market is experiencing robust growth, driven by the increasing need for biobanking and cell preservation technologies. This trend is strongly linked to the expanding use of cell-based therapies, which now constitute nearly 40% of regenerative medicine applications. Additionally, the growing emphasis on personalized treatments is fueling the demand for efficient cryopreservation systems, ensuring long-term viability and integrity of biological samples.

Technological Innovations in Cryopreservation
Significant advancements in cryopreservation methods are reshaping the market, with a focus on rapid freezing and optimized storage solutions. Nearly 30% of recent innovations in this sector are centered on faster cooling techniques that enhance cell viability over extended periods. These breakthroughs are essential for supporting large-scale biobanking and medical research, contributing to the broader adoption of cryopreservation technologies.

Adoption Across Biotechnology and Pharmaceutical Sectors
The biotechnology and pharmaceutical industries account for nearly 60% of the market's end-user base, underscoring their reliance on cryopreservation technologies. These sectors depend on cryogenic solutions to maintain the stability and viability of biological samples, which are critical for drug development, clinical trials, and vaccine production.

Future Growth and Market Outlook
With ongoing advancements in cryogenic technologies and the increasing focus on personalized medicine, the Cryopreservation Equipment Market is poised for sustained growth. Strategic industry collaborations and investments in research infrastructure are expected to further expand this market, supporting innovative cell-based therapies and enhancing overall healthcare outcomes.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Equipment
    2. Market Snapshot, By Cryogen
    3. Market Snapshot, By Application
    4. Market Snapshot, By End Users
    5. Market Snapshot, By Region
  4. Cryopreservation Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rapid advancements in freezing technologies
        2. Increasing demand for organ and tissue preservation
        3. Rising prevalence of fertility treatments
        4. Expansion of biobanking and stem cell research
      2. Restraints
        1. High costs of cryopreservation equipment
        2. Complex regulatory compliance hurdles
        3. Limited skilled workforce availability
        4. Potential risks associated with sample thawing
      3. Opportunities
        1. Growing adoption in regenerative medicine
        2. Integration with automated storage systems
        3. Expansion in emerging healthcare markets
        4. Development of portable cryopreservation devices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Cryopreservation Equipment Market, By Equipment, 2021 - 2031 (USD Million)
      1. Freezers
        1. Cryopreservation Freezers
        2. Drystore Freezers
      2. Incubators
      3. Sample Preparation Systems & Accessories
        1. Cryopreservation Vials
        2. Freezer Box
        3. Cryocart
        4. Cryogenic Vaporizer
        5. Others
    2. Cryopreservation Equipment Market, By Cryogen, 2021 - 2031 (USD Million)
      1. Liquid Nitrogen
      2. Oxygen
      3. Argon
      4. Liquid Helium
    3. Cryopreservation Equipment Market, By Application, 2021 - 2031 (USD Million)
      1. Cord Blood Stem Cells
      2. Sperms, Semen & Testicular Tissues
      3. Embryos & Oocytes
      4. Others
    4. Cryopreservation Equipment Market, By End Users, 2021 - 2031 (USD Million)
      1. Stem Cells Banks
      2. Biotechnology and Pharmaceutical Organizations
      3. Contract Research Organizations
      4. Stem Cell Research Laboratories
      5. Research and Academic Institutes
    5. Cryopreservation Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Thermo Fisher Scientific, Inc.
      2. Custom Biogenic Systems
      3. Chart Biomedical Co. Ltd.
      4. Merck KGaA
      5. Barber-Nichols Inc.
      6. Praxair Technology, Inc.
      7. Linde LLC
      8. Planer PLC
      9. Cryologic Pty. Ltd.
      10. Charter Medicals
      11. Nikkiso Cryo Inc
  7. Analyst Views
  8. Future Outlook of the Market