Europe Cryopreservation Equipment market in Europe is expected to grow from US$ 1.45967 billion in 2022 to US$ 2.80397 billion by 2028; it is estimated to grow at a CAGR of 11.5% from 2022 to 2028.
Europe Cryopreservation Equipment Market 2022 – 2028 report offers insights into the newest growth and trends. It summarizes crucial aspects of the market, with target on leading key player’s areas that have witnessed the highest demand, leading regions and operations. Europe Cryopreservation Equipment market 2022 – 2028 offers qualitative as well as quantitative information data relating to the factors, challenges, and opportunities that may define the expansion of the market over the forecast period. The report aims to supply a further illustration of the newest scenario, economic slowdown, and COVID-19 impact on the overall industry.
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Top Key Players Listed in the Europe Cryopreservation Equipment Market 2022 – 2028 Report Are:
Antech Group Inc.; Avantor, Inc.; BioLife Solutions; Brooks Automation, Inc; Cryofab; Cryoport Systems, LLC.; Danaher Corporation; Gold Sim Cellular Science LLC; Hamilton Company; PHC Holdings Corporation; Thermo Fisher Scientific Inc.; and ZhongkeMeiling Cryogenics Company Limited are among the leading companies in the Europe cryopreservation equipment market.
Europe Cryopreservation Equipment Market Segmentation
Europe cryopreservation equipment market is segmented into type, cryogen type, application, end user, and country. Based on type, the cryopreservation equipment market is segmented into freezers, sample preparation systems, and accessories. The freezers segment is expected to lead the market in 2022. Based on the cryogen type, the Europe cryopreservation equipment market is segmented into liquid nitrogen, oxygen, liquid helium, argon, and others. In 2022, the liquid nitrogen segment is likely to hold the largest share of the market. The Europe cryopreservation equipment market, based on application, is segmented into cord blood stem cells, sperms, semen & testicular tissues, embryos and oocytes, cell and gene therapies, and others. The cord blood stem cells segment is likely to hold the largest share of the market in 2022. The Europe cryopreservation equipment market, based on end user, is segmented into stem cell banks, biotechnology and pharmaceuticals organizations, stem cell research laboratories, and others. The biotechnology and pharmaceuticals organizations segment is expected to hold the largest market share in 2022. On the basis of country, the market is segmented into France, Germany, Italy, the UK, Russia, and the Rest of Europe. Germany is expected to hold the largest share of the market in 2022.
Increasing demand for biobanking practices is the major factor driving the growth of the Europe cryopreservation equipment market. Biobanks are developed extensively for preserving biological materials, including human biologics, plants, animals, and microbes, for medical research, drug development, agriculture, and ecology. In the past few years, the demand for cryopreservation equipment has increased among biotechnology and pharmaceutical manufacturers, contract research organizations, stem cell banks, and stem cell research laboratories. These end users contribute to developing biomarker detection, molecular diagnosis, translational medicine, and multidisciplinary disease research.
The Europe Cryopreservation Equipment Market 2022 – 2028 Competitive Viewpoint:
This analysis is a useful resource for investors, shareholders, industry planners, and new and existing businesses trying to broaden their reach within the current Market situation. While focusing on top companies and their corporate strategies, market presence, operative segmentation, aggressive outlook, geographical growth, pricing and price structures, the study painstakingly takes into consideration the market analysis.
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