"Binding Intellectual insights for your Business"

Cryotubes Market Size, Share, and Industry Analysis, By Tube Type (Self-standing and Round Bottom), By End Use (Research Organizations, Academic Institutions, Healthcare Institutions, Laboratories, and Others), and Regional Forecast till 2032

Region : Global | Report ID: FBI111141 | Status : Ongoing

 

KEY MARKET INSIGHTS

The global cryotubes market is experiencing significant growth due to an increase in research and development which is markedly boosting the global need for cryotubes, crucial for preserving biological samples. As advancements in science, particularly in biotechnology, genomics, and regenerative medicine, progress rapidly, researchers need dependable solutions for storing samples at extremely low temperatures. Cryotubes play a vital role in ensuring that these samples remain intact and viable over extended periods, which is essential for precise experimentation and the development of innovative therapies, contributing to the growth of this market.

Cryotubes Market Driver

Rising Number of Research Institutions is Boosting the Market Growth

The rising number of research institutions and biobanks is substantially boosting the demand for cryotubes. As these facilities grow or are newly established, they need dependable storage solutions to manage the increasing quantity of biological samples. The tubes are crucial for these operations, providing a means to store samples at extremely low temperatures, which is vital for preserving their quality and integrity over extended periods.

  • According to the American Hospital Association, there are 6,120 hospitals in the U.S. and the numbers are continuously growing.

Cryotubes Market Restraint

Potential Threat of Contamination is Hampering the Market Growth

A significant challenge with cryotubes is the significant threat of contamination. The slight seal breaches or improper handling can bring contaminants, jeopardizing the integrity of the samples. Furthermore, maintaining the required ultra-low temperatures is critical and any deviation can impact sample quality. Cryotubes can also be costly, posing a financial strain on smaller laboratories or institutions with tighter budgets. Additionally, since they are generally designed for single use, they contribute to environmental waste, raising concerns about sustainability.

Cryotubes Market Opportunity

Rising Popularity of Personalized Medicine to Bring New Opportunities

As personalized medicine and cell-based therapies gain traction, the amount of biological materials requiring storage and analysis has surged. Cryotubes are essential for researchers to securely preserve stem cells, tissues, and other specimens, ensuring they remain intact and undeteriorated. The increasing emphasis on creating new vaccines and treatments has further intensified this need, as such projects often involve substantial sample storage and management.

Segmentation

By Tube Type

By End Use

By Geography

  • Self-standing
  • Round Bottom
  • Research Organizations
  • Academic Institutions
  • Healthcare Institutions
  • Laboratories
  • Others
  • North America (U.S. and Canada)
  • Europe (Germany, U.K., France, Italy, Spain, Russia, Poland, Romania, and the Rest of Europe)
  • Asia Pacific (China, India, Japan, Australia, Southeast Asia, and the Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, and the Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, UAE, Oman, South Africa, and Rest of the Middle East & Africa)

Key Insights

The report covers the following key insights:

  • Recent Advancements in the Cryotubes Market
  • Key Industry Trends
  • Regulatory Landscape for the Cryotubes Market
  • Key Industry Developments (Mergers, Acquisitions, and Partnerships)
  • Impact of COVID-19 on the Market

Analysis by Tube Type

Based on tube type, the market is subdivided into self-standing and round bottom.

Self-standing cryotubes will witness significant growth during the forecast period. These cryotubes are favored in laboratories and biobanks for their practical advantages. Such design permits them to remain upright without additional support, enhancing stability and reducing the risk of spills or tipping, which is important during storage and handling. Furthermore, the upright orientation facilitates more even freezing and thawing processes, leading to better preservation of samples. Such feature helps maintain the integrity of biological materials, enhancing the overall reliability and efficiency of sample management, helping the segment growth.

Analysis by End Use

Based on end use, the market is fragmented into research organizations, academic institutions, healthcare institutions, laboratories, and others.

The healthcare institutions segment hold the largest share of the global cryotubes market. Hospitals have a significant need for cryotubes due to their essential role in the preservation and management of biological samples for medical purposes. These are crucial for storing patient samples, including tissues, blood, and stem cells, which are vital for accurate diagnostic testing, effective treatment planning, and personalized medicine. They are employed in several applications, such as cancer therapies, genetic testing, and organ transplants, where preserving sample integrity is crucial for reliable results and successful treatments.

Furthermore, hospitals use cryotubes for biobanking, maintaining samples for future research or use. The necessity for dependable and long-term storage solutions that prevent degradation drives the high demand for cryotubes in hospital environments, leading to the growth of the segment.

Regional Analysis

To gain extensive insights into the market, Download for Customization

Based on region, the market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

North America is the dominating region of the global market. The demand for cryotubes is particularly high in the region due to its extensive investment in medical research, biotechnology, and healthcare infrastructure. The significant number of leading pharmaceutical companies and research institutions in the region further elevates the demand for cryotubes. These entities rely on high-quality cryotubes to support their extensive research and development efforts. The synergy between cutting-edge research initiatives and a strong healthcare infrastructure drives the increasing need for cryotubes in the region.

The Asia Pacific region will witness lucrative growth during the forecast period. The region is witnessing significant expansion in its biotechnology and pharmaceutical sectors, driven by rising investments in research and development. Countries such as China and India are enhancing their research capabilities and healthcare infrastructure, which intensifies the need for dependable solutions for biological sample storage.

Furthermore, the growth of biobanks throughout the region also amplifies the demand, as these organizations require cryotubes for the efficient management and storage of extensive biological sample collections, contributing to the regional growth.

Key Players Covered

The global cryotubes market is fragmented, with the presence of a large number of group and standalone providers.

The report includes the profiles of the following key players:

  • AHN Biotechnologie GmbH (Germany)
  • Ratiolab GmbH (Germany)
  • Thermo Fisher Scientific Inc. (U.S.)
  • Azenta Life Sciences (U.K.)
  • Watson Co., Ltd. (Japan)
  • JIANGSU HXRT MD CO., LTD (China)
  • ZHEJIANG RUNLAB TECHNOLOGY CO., LTD. (China)
  • Citotest Labware Manufacturing Co., Ltd. (China)
  • Biologix Group Limited (China)
  • Kisker Biotech GmbH & Co. KG (Germany)

Key Industry Developments

  • In September 2024, Cellular Origins announced the collaboration with 3P innovation to integrate 3P innovation’s cryoFIL™ cryovial filling platform within Cellular Origins’ robotic system, Constellation™, expanding the system’s capabilities by enabling automated filling of cryovials within a closed and sterile environment.
  • In February 2023, Azenta, Inc. announced the launch of Cryo Store Pico™ ("Pico"), an innovative automated cryogenic storage system designed for high-value biological samples used in many stages of life sciences, from discovery to clinical use.


  • Ongoing
  • 2024
  • 2019-2023
Download Free Sample

    man icon
    Mail icon
Growth Advisory Services
    How can we help you uncover new opportunities and scale faster?
Packaging Clients
Accenture
LEK Consulting
Fujifilm
KPMG
Blue Ocean Closures
DHL
Eneos Corporation
Jadex
Silgan Holdings Inc
Sine Qua Non S.r.l.
Smithers-Oasis
Ville de Laval