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Cryogenic Storage for Biologics Market Research Report

Published: Nov 03, 2025
ID: 4394414
123 Pages
Cryogenic Storage
for Biologics

Cryogenic Storage for Biologics Industry Sets New Growth Stage

Global Cryogenic Storage for Biologics Market is segmented by Application (Biotechnology, Pharmaceuticals, Vaccine Storage, Medical Research, Healthcare), Type (Cryogenic Freezers, Cryogenic Tanks, Cryogenic Transport Systems, Cryopreservation Systems, Liquid Nitrogen Systems), and Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA)

Report ID:
HTF4394414
Published:
CAGR:
17.90%
Base Year:
2024
Market Size (2024):
$6.5 billion
Forecast (2033):
$13.3 billion

Pricing

Industry Overview


The Cryogenic Storage for Biologics is at 6.5 billion in 2024 and is expected to reach 13.3 billion by 2033. The Cryogenic Storage for Biologics is driven by factors such as increasing demand in end-use industries, technological advancements, research and development (R&D), economic growth, and increasing global trade. Thermo Fisher Scientific (US), Cryoport (US), Stirling Ultracold (US), Haier Biomedical (China), Panasonic Healthcare (Japan), Biologistex (US), KHS GmbH (Germany), B Medical Systems (Luxembourg), Danaher Corporation (US), Helmer Scientific (US), Labconco (US), BioLife Solutions (US), KRYO (US), Taylor-Wharton (US), MVE Biological Solutions (US), and others are some of the key players in the market.
Cryogenic Storage for Biologics Market Compound Annual Growth Rate 2024-2033


Cryogenic storage for biologics involves the use of low-temperature systems to preserve biological samples, vaccines, and biologic drugs. These solutions are crucial in the pharmaceutical and biotechnology industries, where temperature stability is essential to maintain the efficacy of sensitive materials. The market is growing due to the increasing demand for biologics and vaccines, particularly in the context of global healthcare challenges.


Key Players


Several key players in the Cryogenic Storage for Biologics market are strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at 15.30%. The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.
  • Thermo Fisher Scientific (US)
  • Cryoport (US)
  • Stirling Ultracold (US)
  • Haier Biomedical (China)
  • Panasonic Healthcare (Japan)
  • Biologistex (US)
  • KHS GmbH (Germany)
  • B Medical Systems (Luxembourg)
  • Danaher Corporation (US)
  • Helmer Scientific (US)
  • Labconco (US)
  • BioLife Solutions (US)
  • KRYO (US)
  • Taylor-Wharton (US)
  • MVE Biological Solutions (US)
Cryogenic Storage for Biologics Market share of Thermo Fisher Scientific (US), Cryoport (US), Stirling Ultracold (US), Haier Biomedical (China), Panasonic Healthcare (Japan), Biologistex (US), KHS GmbH (Germany), B Medical Systems (Luxembourg), Danaher Corporation (US), Helmer Scientific (US), Labconco (US), BioLife Solutions (US), KRYO (US), Taylor-Wharton (US), MVE Biological Solutions (US)

Market Dynamics


Market Driver
  • Increasing Demand For Biologic Drugs
  • Need For Long-Term Storage Of Vaccines
  • Rising Investments In Biotech Research
  • Growing Adoption Of Cryopreservation
  • Need For Stable Storage Solutions
Market Trends
  • Focus On Energy-Efficient Cryogenic Systems
  • Rise In Biopharmaceutical Storage
  • Growth In Biotech and Vaccine Research
  • Increased Adoption Of Temperature Monitoring Systems
  • Use Of Cryogenics For Personalized Medicine
Opportunity
  • Expansion In Biotech and Vaccine Research
  • Growth In Cryogenic Transport Solutions
  • Increased Demand For Stable Biologic Drug Storage
  • Use Of Cryogenic Systems In Personalized Medicine
  • Focus On Energy-Efficient Cryogenic Solutions
Challenges
  • High Costs Of Cryogenic Systems
  • Limited Availability Of Cryogenic Infrastructure
  • Regulatory Compliance Issues
  • Equipment Maintenance Costs
  • Risk Of Sample Loss

Key Highlights

  • The Cryogenic Storage for Biologics is growing at a 17.90% during the forecasted period of 2020 to 2033
  • Based on type, the market is bifurcated into Cryogenic Freezers, Cryogenic Tanks, Cryogenic Transport Systems, Cryopreservation Systems, Liquid Nitrogen Systems
  • Based on application, the market is segmented into Biotechnology, Pharmaceuticals, Vaccine Storage, Medical Research, Healthcare
  • Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice

Market Segmentation Overview

  • Type Segmentation: categorizes products by their specific variants, helping businesses identify demand drivers and innovate effectively.
  • Application Segmentation: Divides the market based on product usage across industries, enabling targeted marketing and growth identification.
  • Geographic Segmentation: Segments the market by location, allowing for tailored strategies based on regional preferences and economic factors.
  • Customer Segmentation: Focuses on demographics like age, gender, and income, enabling personalized marketing and improved customer targeting.
  • Distribution Channel Segmentation: categorizes by how products reach customers, optimizing supply chain and sales strategies.

Market Segmentation


Segmentation by Type

  • Cryogenic Freezers
  • Cryogenic Tanks
  • Cryogenic Transport Systems
  • Cryopreservation Systems
  • Liquid Nitrogen Systems
Cryogenic Storage for Biologics Market trend and sizing by Cryogenic Freezers, Cryogenic Tanks, Cryogenic Transport Systems, Cryopreservation Systems, Liquid Nitrogen Systems

Segmentation by Application

 
  • Biotechnology
  • Pharmaceuticals
  • Vaccine Storage
  • Medical Research
  • Healthcare
Cryogenic Storage for Biologics Market segment share by Biotechnology, Pharmaceuticals, Vaccine Storage, Medical Research, Healthcare

This report also splits the market by region:
  • North America
  • LATAM
  • West Europe
  • Central & Eastern Europe
  • Northern Europe
  • Southern Europe
  • East Asia
  • Southeast Asia
  • South Asia
  • Central Asia
  • Oceania
  • MEA
Europe
North America
Fastest Growing Region
Dominating Region



Market Estimation Process

Primary & Secondary Approach


The Cryogenic Storage for Biologics is analyzed by both primary and secondary research sources. There are numerous methodologies available to navigate and utilize these resources effectively:
Surveys and Questionnaires: Getting feedback from healthcare professionals, patients, or any other stakeholders on a particular topic. It is a great method to collect quantitative data on behaviors, preferences, and/or experiences.
One on Ones: Interviews with key stakeholders, including physicians, nurses, and administrators can yield rich qualitative data. The interviews can be divided into structured, semi-structured, or unstructured.


Focus Groups: Pull together small numbers of people who share a common characteristic, trait, or behavior to discuss particular topics. Focus Groups: This offers qualitative data and points of view that are often overlooked, such as attitudes, perceptions, or other statements relating to a specific platform.


Observational Studies: Understanding healthcare practices and patient interactions in the way we do it can say a lot more than what people formally report doing.
Field Studies: This method allows researchers to collect data firsthand from healthcare settings, including hospitals, clinics, and even home. It is a way to touch and feel the context that drives service delivery in healthcare.
Secondary Research in Cryogenic Storage for Biologics
Secondary research is a kind of revising, restructuring, and rethinking what has already been collected by primary sources. Such research is beneficial as long as it comes at a low cost and gives an overarching view of the market. Some of the important methods include:
Literature Review: To go through the research papers, articles, and studies published in medical journals, industry reports, and academic publications. This is crucial for understanding the study landscape and identifying knowledge deficits.
Reports From the Industry: It aims in examining reports published by Market Research firms, Healthcare Associations, and Government bodies. This report can also be used by all stakeholders including service providers and delivery chains across the world to identify market opportunities in an undetermined depth.


Public Health Records: Data collected by governments and public health authorities in different countries of the world from organizations with global reach like CDC, WHO, or national departments. These are important because they provide us with epidemiological data and numbers.
Company Reports: Read the annual reports, financial statements, and press releases of healthcare companies. It includes company performance reports, market strategies, and competitive positioning for this domain.
Online Databases: You understand the access to databases like PubMed, MEDLINE, and even Google Scholar for scientific articles and study materials. Some of these databases are treasure troves for peer-reviewed data.
Media Sources: Analyzing news articles, press releases, and media coverage related to the healthcare industry. This helps in staying updated on recent developments and emerging trends.
A blended approach of primary and secondary research methods allows researchers to collect well-rounded, solid data that informs the best decisions and strategies.

Research Methodology


At HTF Market Intelligence, we pride ourselves on delivering comprehensive market research that combines both secondary and primary methodologies. Our secondary research involves rigorous analysis of existing data sources, such as industry reports, market databases, and competitive landscapes, to provide a robust foundation of market knowledge. This is complemented by our primary research services, where we gather firsthand data through surveys, interviews, and focus groups tailored specifically to your business needs. By integrating these approaches, we offer a thorough understanding of market trends, consumer behavior, and competitive dynamics, enabling you to make well-informed strategic decisions. We would welcome the opportunity to discuss how our research expertise can support your business objectives.

Report Infographics:

Report Features Details
Base Year 2024
Based Year Market Size (2024) 6.5 billion
Historical Period Market Size (2020) USD Million ZZ
CAGR (2024 to 2033) 17.90%
Forecast Period 2025 to 2033
Forecasted Period Market Size (2033) 13.3 billion
Scope of the Report Cryogenic Freezers, Cryogenic Tanks, Cryogenic Transport Systems, Cryopreservation Systems, Liquid Nitrogen Systems, Biotechnology, Pharmaceuticals, Vaccine Storage, Medical Research, Healthcare
Regions Covered North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Year on Year Growth 15.30%
Companies Covered Thermo Fisher Scientific (US), Cryoport (US), Stirling Ultracold (US), Haier Biomedical (China), Panasonic Healthcare (Japan), Biologistex (US), KHS GmbH (Germany), B Medical Systems (Luxembourg), Danaher Corporation (US), Helmer Scientific (US), Labconco (US), BioLife Solutions (US), KRYO (US), Taylor-Wharton (US), MVE Biological Solutions (US)
Customization Scope 15% Free Customization (For EG)
Delivery Format PDF and Excel through Email

Cryogenic Storage for Biologics - Table of Contents

Chapter 1: Market Preface
1.1 Global Cryogenic Storage for Biologics Market Landscape
1.2 Scope of the Study
1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
2.1 Global Cryogenic Storage for Biologics Market Outlook
2.2 Total Addressable Market versus Serviceable Market
2.3 Market Rivalry Projection
Chapter 3: Global Cryogenic Storage for Biologics Market Business Environment & Changing Dynamics
3.1 Growth Drivers
3.1.1 Increasing Demand For Biologic Drugs
3.1.2 Need For Long-Term Storage Of Vaccines
3.1.3 Rising Investments In Biotech Research
3.1.4 Growing Adoption Of Cryopreservation
3.1.5 Need For Stable Storage Solutions
3.2 Available Opportunities
3.2.1 Expansion In Biotech and Vaccine Research
3.2.2 Growth In Cryogenic Transport Solutions
3.2.3 Increased Demand For Stable Biologic Drug Storage
3.2.4 Use Of Cryogenic Systems In Personalized Medicine
3.2.5 Focus On Energy-Efficient Cryogenic Solutions
3.3 Influencing Trends
3.3.1 Focus On Energy-Efficient Cryogenic Systems
3.3.2 Rise In Biopharmaceutical Storage
3.3.3 Growth In Biotech and Vaccine Research
3.3.4 Increased Adoption Of Temperature Monitoring Systems
3.3.5 Use Of Cryogenics For Personalized Medicine
3.4 Challenges
3.4.1 High Costs Of Cryogenic Systems
3.4.2 Limited Availability Of Cryogenic Infrastructure
3.4.3 Regulatory Compliance Issues
3.4.4 Equipment Maintenance Costs
3.4.5 Risk Of Sample Loss
3.5 Regional Dynamics
Chapter 4: Global Cryogenic Storage for Biologics Industry Factors Assessment
4.1 Current Scenario
4.2 PEST Analysis
4.3 Business Environment - PORTER 5-Forces Analysis
4.3.1 Supplier Leverage
4.3.2 Bargaining Power of Buyers
4.3.3 Threat of Substitutes
4.3.4 Threat from New Entrant
4.3.5 Market Competition Level
4.4 Roadmap of Cryogenic Storage for Biologics Market
4.5 Impact of Macro-Economic Factors
4.6 Market Entry Strategies
4.7 Political and Regulatory Landscape
4.8 Supply Chain Analysis
4.9 Impact of Tariff War
Chapter 5: Cryogenic Storage for Biologics : Competition Benchmarking & Performance Evaluation
5.1 Global Cryogenic Storage for Biologics Market Concentration Ratio
5.1.1 CR4
5.1.2 CR8 and HH Index
5.1.2 % Market Share - Top 3
5.1.3 Market Holding by Top 5
5.2 Market Position of Manufacturers by Cryogenic Storage for Biologics Revenue 2024
5.3 Global Cryogenic Storage for Biologics Sales Volume by Manufacturers (2024)
5.4 BCG Matrix
5.4 Market Entropy
5.5 Brand Strength Evaluation
5.6 Operational Efficiency Metrics
5.7 Financial Performance Comparison
5.8 Market Entry Barriers
Chapter 6: Global Cryogenic Storage for Biologics Market: Company Profiles
6.1 Thermo Fisher Scientific (US)
6.1.1 Thermo Fisher Scientific (US) Company Overview
6.1.2 Thermo Fisher Scientific (US) Product/Service Portfolio & Specifications
6.1.3 Thermo Fisher Scientific (US) Key Financial Metrics
6.1.4 Thermo Fisher Scientific (US) SWOT Analysis
6.1.5 Thermo Fisher Scientific (US) Development Activities
6.2 Cryoport (US)
6.3 Stirling Ultracold (US)
6.4 Haier Biomedical (China)
6.5 Panasonic Healthcare (Japan)
6.6 Biologistex (US)
6.7 KHS Gmb H (Germany)
6.8 B Medical Systems (Luxembourg)
6.9 Danaher Corporation (US)
6.10 Helmer Scientific (US)
6.11 Labconco (US)
6.12 Bio Life Solutions (US)
6.13 KRYO (US)
6.14 Taylor-Wharton (US)
6.15 MVE Biological Solutions (US)
Chapter 7: Global Cryogenic Storage for Biologics by Type & Application (2020-2033)
7.1 Global Cryogenic Storage for Biologics Market Revenue Analysis (USD Million) by Type (2020-2024)
7.1.1 Cryogenic Freezers
7.1.2 Cryogenic Tanks
7.1.3 Cryogenic Transport Systems
7.1.4 Cryopreservation Systems
7.1.5 Liquid Nitrogen Systems
7.2 Global Cryogenic Storage for Biologics Market Revenue Analysis (USD Million) by Application (2020-2024)
7.2.1 Biotechnology
7.2.2 Pharmaceuticals
7.2.3 Vaccine Storage
7.2.4 Medical Research
7.2.5 Healthcare
7.3 Global Cryogenic Storage for Biologics Market Revenue Analysis (USD Million) by Type (2024-2033)
7.4 Global Cryogenic Storage for Biologics Market Revenue Analysis (USD Million) by Application (2024-2033)
Chapter 8: North America Cryogenic Storage for Biologics Market Breakdown by Country, Type & Application
8.1 North America Cryogenic Storage for Biologics Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
8.1.1 United States
8.1.2 Canada
8.1.3 Mexico
8.2 North America Cryogenic Storage for Biologics Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
8.2.1 Cryogenic Freezers
8.2.2 Cryogenic Tanks
8.2.3 Cryogenic Transport Systems
8.2.4 Cryopreservation Systems
8.2.5 Liquid Nitrogen Systems
8.3 North America Cryogenic Storage for Biologics Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
8.3.1 Biotechnology
8.3.2 Pharmaceuticals
8.3.3 Vaccine Storage
8.3.4 Medical Research
8.3.5 Healthcare
8.4 North America Cryogenic Storage for Biologics Market by Country (USD Million) & Sales Volume (Units) [2025-2033]
8.5 North America Cryogenic Storage for Biologics Market by Type (USD Million) & Sales Volume (Units) [2025-2033]
8.6 North America Cryogenic Storage for Biologics Market by Application (USD Million) & Sales Volume (Units) [2025-2033]
Chapter 9: Europe Cryogenic Storage for Biologics Market Breakdown by Country, Type & Application
9.1 Europe Cryogenic Storage for Biologics Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
9.1.1 Germany
9.1.2 UK
9.1.3 France
9.1.4 Italy
9.1.5 Spain
9.1.6 Russia
9.1.7 Rest of Europe
9.2 Europe Cryogenic Storage for Biologics Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
9.2.1 Cryogenic Freezers
9.2.2 Cryogenic Tanks
9.2.3 Cryogenic Transport Systems
9.2.4 Cryopreservation Systems
9.2.5 Liquid Nitrogen Systems
9.3 Europe Cryogenic Storage for Biologics Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
9.3.1 Biotechnology
9.3.2 Pharmaceuticals
9.3.3 Vaccine Storage
9.3.4 Medical Research
9.3.5 Healthcare
9.4 Europe Cryogenic Storage for Biologics Market by Country (USD Million) & Sales Volume (Units) [2025-2033]
9.5 Europe Cryogenic Storage for Biologics Market by Type (USD Million) & Sales Volume (Units) [2025-2033]
9.6 Europe Cryogenic Storage for Biologics Market by Application (USD Million) & Sales Volume (Units) [2025-2033]
Chapter 10: Asia Pacific Cryogenic Storage for Biologics Market Breakdown by Country, Type & Application
10.1 Asia Pacific Cryogenic Storage for Biologics Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
10.1.1 China
10.1.2 Japan
10.1.3 India
10.1.4 South Korea
10.1.5 Australia
10.1.6 Southeast Asia
10.1.7 Rest of Asia Pacific
10.2 Asia Pacific Cryogenic Storage for Biologics Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
10.2.1 Cryogenic Freezers
10.2.2 Cryogenic Tanks
10.2.3 Cryogenic Transport Systems
10.2.4 Cryopreservation Systems
10.2.5 Liquid Nitrogen Systems
10.3 Asia Pacific Cryogenic Storage for Biologics Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
10.3.1 Biotechnology
10.3.2 Pharmaceuticals
10.3.3 Vaccine Storage
10.3.4 Medical Research
10.3.5 Healthcare
10.4 Asia Pacific Cryogenic Storage for Biologics Market by Country (USD Million) & Sales Volume (Units) [2025-2033]
10.5 Asia Pacific Cryogenic Storage for Biologics Market by Type (USD Million) & Sales Volume (Units) [2025-2033]
10.6 Asia Pacific Cryogenic Storage for Biologics Market by Application (USD Million) & Sales Volume (Units) [2025-2033]
Chapter 11: Latin America Cryogenic Storage for Biologics Market Breakdown by Country, Type & Application
11.1 Latin America Cryogenic Storage for Biologics Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
11.1.1 Brazil
11.1.2 Argentina
11.1.3 Chile
11.1.4 Rest of Latin America
11.2 Latin America Cryogenic Storage for Biologics Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
11.2.1 Cryogenic Freezers
11.2.2 Cryogenic Tanks
11.2.3 Cryogenic Transport Systems
11.2.4 Cryopreservation Systems
11.2.5 Liquid Nitrogen Systems
11.3 Latin America Cryogenic Storage for Biologics Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
11.3.1 Biotechnology
11.3.2 Pharmaceuticals
11.3.3 Vaccine Storage
11.3.4 Medical Research
11.3.5 Healthcare
11.4 Latin America Cryogenic Storage for Biologics Market by Country (USD Million) & Sales Volume (Units) [2025-2033]
11.5 Latin America Cryogenic Storage for Biologics Market by Type (USD Million) & Sales Volume (Units) [2025-2033]
11.6 Latin America Cryogenic Storage for Biologics Market by Application (USD Million) & Sales Volume (Units) [2025-2033]
Chapter 12: Middle East & Africa Cryogenic Storage for Biologics Market Breakdown by Country, Type & Application
12.1 Middle East & Africa Cryogenic Storage for Biologics Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
12.1.1 Saudi Arabia
12.1.2 UAE
12.1.3 South Africa
12.1.4 Egypt
12.1.5 Rest of Middle East & Africa
12.2 Middle East & Africa Cryogenic Storage for Biologics Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
12.2.1 Cryogenic Freezers
12.2.2 Cryogenic Tanks
12.2.3 Cryogenic Transport Systems
12.2.4 Cryopreservation Systems
12.2.5 Liquid Nitrogen Systems
12.3 Middle East & Africa Cryogenic Storage for Biologics Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
12.3.1 Biotechnology
12.3.2 Pharmaceuticals
12.3.3 Vaccine Storage
12.3.4 Medical Research
12.3.5 Healthcare
12.4 Middle East & Africa Cryogenic Storage for Biologics Market by Country (USD Million) & Sales Volume (Units) [2025-2033]
12.5 Middle East & Africa Cryogenic Storage for Biologics Market by Type (USD Million) & Sales Volume (Units) [2025-2033]
12.6 Middle East & Africa Cryogenic Storage for Biologics Market by Application (USD Million) & Sales Volume (Units) [2025-2033]
Chapter 13: Research Finding and Conclusion
13.1 Research Finding
13.2 Conclusion
13.3 Analyst Recommendation

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