Cryopreservation Equipment Market, by Equipment,
Cryogen, Application, End User and by Geography -
Global Trends and Forecast to 2025
Cryopreservation is a process of maintaining biological samples in a form of suspended state at
cryogenic temperature for considerable period and is used to preserve the fine structure of cells.
Through this process, samples of cells, tissues, and organelles are cooled at very low
temperatures (less than -2130F), for preservation. Cryopreservation is primarily used in the
preservation of oocytes and embryos with in-vitro fertilization (IVF) cycle, prior to
chemotherapy for women diagnosed with breast cancer, in order to preserve their reproductive
capacity. Moreover, frozen embryos are found to provide similar results as fresh embryos. For
instance, according to the Assisted Reproductive Technology in Australia and New Zealand 2013
report published by UNSW's National Perinatal Epidemiology and Statistics Unit (NPESU), over
25% increase has been recorded in the birth rate associated with frozen embryo transfers over
the last five years, rising from 18% to 23%. Additionally, IVF treatments using frozen embryos
increased from 39% of IVF cycles in 2009 to 45% of cycles in 2013. Linde LLC introduced its
new CRYOLINE CWI CRYOWAVE impingement freezer at the International Production &
Processing Expo (IPPE) in Atlanta, in January 2018. Company’s new product combines the
benefits of CRYOWAVE product agitation with cryogenic gas impingement flows, which utilizes
liquid nitrogen to freeze products.
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The global cryopreservation equipment market is estimated to be valued at US$ 4,318.1 million
in 2017 and is expected to witness a CAGR of 13.2% over the forecast period (2017–2025)
Market Dynamics:
Growing advancements in cord-cell preservation, long-term preservation of pluripotent stem
cells, bone marrow, and umbilical cord blood preservation, to obtain multiple regenerative and
tissue engineering application, is driving growth of the cryopreservation equipment market.
Stem cells are specialized cells capable of being regenerated through cell division and
differentiated into multi-lineage cells. Mesenchymal stem cells (MSCs) are adult stem cells,