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Cryopreservation Systems Market
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Cryopreservation Systems Market

Author: Debadatta Patel - Senior Consultant, Report ID - DS1801328, Published - July 2025

Segmented in Product Type (Controlled Rate Freezers, Vitrification, Thawing Equipment), Therapeutic Application (Stem Cell Research, Organ Transplants, In Vitro Fertilization, Others), End User, Distribution Channels, Device Connectivity and Regions - Global Industry Analysis, Size, Share, Trends, and Forecast 2024 – 2034

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Global Cryopreservation Systems
Market Outlook

The market for Cryopreservation Systems was estimated at $2.5 billion in 2024; it is anticipated to increase to $4.8 billion by 2030, with projections indicating growth to around $8.4 billion by 2035. This expansion represents a compound annual growth rate (CAGR) of 11.7% over the forecast period. The steady rise in the cryopreservation systems markets growth can be attributed to driving factors at play. To begin with the consistent demand for biotechnologies like IVF treatments, stern cell research and pharmaceutical development has heightened the importance and relevance of cryopreservation systems in today's market. These systems are consistently being embraced due to their function in preserving biological components such, as structures, cells, tissues or organelles suspended at ultra low temperatures to ensure their structural integrity and operational efficiency. The progress in healthcare and biotech sectors along, with the increasing recognition of the advantages of cryopreservation is bolsterinig its market standing and importance more.


Cryopreservation systems play a role in today's research and biotechnology field by assisting in storing and protecting biological cells and tissues at extremely low temperatures to slow down biological processes effectively, for long term preservation without causing harm.


Market Size Forecast & Key Insights

2019
$2.5B2024
2029
$7.5B2034

Absolute Growth Opportunity = $5.0B

The Cryopreservation Systems market is projected to grow from $2.5 billion in 2024 to $7.5 billion in 2034. This represents a CAGR of 11.7%, reflecting rising demand across Stem Cell Research, Organ Transplants and In Vitro Fertilization.

The Cryopreservation Systems market is set to add $5.0 billion between 2024 and 2034, with industry players targeting Organ Transplants & In Vitro Fertilization Therapeutic Application projected to gain a larger market share.

With Biomedical advancements, and Upsurge in cord blood banking, Cryopreservation Systems market to expand 202% between 2024 and 2034.

Opportunities in the Cryopreservation Systems Market

Market growth for Biobanks

The growing focus on healthcare and genomics has resulted in a rise in the need for biobanking services and advanced cryopreservation technology to effectively store tissues for future use, in the biobanking industry—a trend that could lead to substantial market growth.

Technological Innovations and Opportunities in Emerging Markets

With the progress in medicine and biologics moving forward rapidly along with cell therapy advancements the importance of cryopreservation systems is increasingly vital to uphold the vitality and functionality of biological materials involved in these fields of study. These changing requirements in research may pave the way for expanded opportunities, for cryopreservation systems.

In nations such as India and China that have expanding healthcare systems and growing research structures in place can offer avenues for development in cryopreservation technology systems forming partnerships with local organizations, for manufacturing or distribution could open up strategic routes to reach these emerging markets.

Growth Opportunities in North America and Asia-Pacific

Asia Pacific Outlook

In contrast, the Asia-Pacific region holds immense potential for the Cryopreservation Systems market. Higher birth rates and increasing awareness about IVF treatments are driving the demand. Moreover, the proliferating biotechnology sector, primarily in countries like China and India, presents notable opportunities for commercial cryopreservation technologies. The market certainly faces competition, but its largely from international vendors, creating a substantial space for domestic players to grow. The principal market driver in this region is anticipated to be the surge in genomic data and the necessity for its long-term storage, followed by advancements in bio-banking technology.

North America Outlook

In North America, the Cryopreservation Systems market has shown remarkable growth primarily due to the increasing use of advanced preservation techniques in healthcare and research institutions. Key opportunities are mainly linked to the escalating demand in sectors such as biopharmaceuticals, regenerative medicine, and in-vitro fertilization.Nonetheless, competition is stiff with industry frontrunners such as Thermo Fisher Scientific and Merck Group dominating the market due to their broad product portfolios and robust distribution networks. Additionally, the widespread use of AI and ML in Cryopreservation Systems could serve as a significant market driver in this region, bolstering the growth further.

North America Outlook

In North America, the Cryopreservation Systems market has shown remarkable growth primarily due to the increasing use of advanced preservation techniques in healthcare and research institutions. Key opportunities are mainly linked to the escalating demand in sectors such as biopharmaceuticals, regenerative medicine, and in-vitro fertilization.Nonetheless, competition is stiff with industry frontrunners such as Thermo Fisher Scientific and Merck Group dominating the market due to their broad product portfolios and robust distribution networks. Additionally, the widespread use of AI and ML in Cryopreservation Systems could serve as a significant market driver in this region, bolstering the growth further.

Asia-Pacific Outlook

In contrast, the Asia-Pacific region holds immense potential for the Cryopreservation Systems market. Higher birth rates and increasing awareness about IVF treatments are driving the demand. Moreover, the proliferating biotechnology sector, primarily in countries like China and India, presents notable opportunities for commercial cryopreservation technologies. The market certainly faces competition, but its largely from international vendors, creating a substantial space for domestic players to grow. The principal market driver in this region is anticipated to be the surge in genomic data and the necessity for its long-term storage, followed by advancements in bio-banking technology.

Growth Opportunities in North America and Asia-Pacific

Established and Emerging Market's Growth Trend 2025–2034

1

Major Markets : U.S., Germany, Japan, China, UK are expected to grow at 8.5% to 12.3% CAGR

2

Emerging Markets : Brazil, India, South Africa are expected to grow at 11.2% to 14.6% CAGR

Market Analysis Chart

The global Cryopreservation Systems market has been driven by various elements, predominantly stemming from advancements in biomedical technology and life sciences research. Cryopreservation has emerged as a vital tool in preserving the viability and integrity of biological samples, serving sectors such as regenerative medicine, IVF treatments, stem cell research, and organ transplants, to name a few. The promise of these applications has induced market expansion, influencing the demand for sophisticated cryopreservation systems.

Recent Developments and Technological Advancement

December 2024

Thermo Fisher Scientific, a key player in the Cryopreservation Systems market, launched an innovative, high-efficiency cryopreservation system, enhancing the longevity and viability of preserved cells

October 2024

BioLife Solutions announced expansion of their cryopreservation systems production capacities to meet the escalating demand from stem cell and regenerative medicine sectors

August 2024

Merck KGaA made a strategic partnership with CryoTherapeutics to refine and extend their Cryopreservation Systems offering in the cardiovascular disease treatment landscape.

Cryopreservation systems have observed significant advancements in recent times, making great strides towards precision and efficiency in their application areas. An emerging trend influencing this realm is the rise of personalized medicine that necessitates the preservation of biological samples for extended periods. Harnessing cutting-edge cryogenic technologies, modern cryopreservation systems have set industry standards by significantly reducing sample degradation over time.

Impact of Industry Transitions on the Cryopreservation Systems Market

As a core segment of the Medical Device industry, the Cryopreservation Systems market develops in line with broader industry shifts. Over recent years, transitions such as Evolution towards Automated Cryopreservation Systems and Adoption of High-Tech Vitrification Methods have redefined priorities across the Medical Device sector, influencing how the Cryopreservation Systems market evolves in terms of demand, applications and competitive dynamics. These transitions highlight the structural changes shaping long-term growth opportunities.

1

Evolution towards Automated Cryopreservation Systems:

The automation in cryopreservation systems has been a significant transition in this industry. Automated cryopreservation systems are becoming an essential part of cell therapy manufacturing to ensure standardization and efficacy in the process. With these systems, the risk of contamination reduces considerably, enhancing the safety and quality of preserved biological samples. As a result, industries associated with bio-banking, stem cell research, IVF & reproductive medicine sect all have shown an increased adoption rate for automated cryopreservation equipment.

2

Adoption of High-Tech Vitrification Methods:

The shift from traditional slow freezing techniques to advanced vitrification methods marks another significant transition in the cryopreservation systems industry. Vitrification supports a fast and uniform freezing process that eliminates the formation of destructive ice crystals and achieves a better cell survival rate. Pharmacies, biotechnological-enabled companies, and agricultural sectors are leveraging this high-tech procedure to enhance the cryopreservation of cell lines, embryos, and plant tissues, leading to improved results and yield.

Global Events Shaping Future Growth

The chart below highlights how external events including emerging market developments, regulatory changes, and technological disruptions, have added another layer of complexity to the Medical Device industry. These events have disrupted supply networks, changed consumption behavior, and reshaped growth patterns. Together with structural industry transitions, they demonstrate how changes within the Medical Device industry cascade into the Cryopreservation Systems market, setting the stage for its future growth trajectory.

Market Dynamics and Supply Chain

Driver: Biomedical Advancements, and Technological Innovations

The remarkable progress in medicine and science has also led to a growing demand for cryopreservation systems within the field and research sector alike. These systems are also vital for ensuring the preservation of biological materials such as cells and even entire organisms. With the rise, in applications related to medicine organ transplants and tissue engineering rely heavily on these systems resultantly driving substantial growth in the market.
Technological advancements in cryopreservation systems such as controlled-rate freeze-thawing, vitrification, and the development of advanced cryoprotectant solutions have also majorly impacted market dynamics. These technological breakthroughs have also made the cryopreservation of cellular products more efficient, reliable, and scalable increasing the demand for advanced cryopreservation systems.
The growing popularity of storing cord blood. A process that involves preserving stem cells from a babys cord for potential future medical treatments. has also highlighted the importance of cryopreservation systems in this field. These innovative systems have also played a role, in making cord blood storage a practical option and have also significantly contributed to the markets growth.

Restraint: High Cost of Cryopreservation Equipment

The significant expenses involved in establishing and running a cryopreservation system present one of the challenges for this industry sector. The high price tags attached to these cutting edge systems discourage entities and research facilities from investing in them and contribute to limiting the market size. Moreover the ongoing maintenance. The necessity for consistent power supply. Essential for preserving integrity. Further increase overall operational expenditures rendering it less attainable, for prospective users.

Challenge: Tightening Regulatory Standards

Cryopreservation systems are subject to stringent regulatory standards due to their sensitive usage in storing biological samples. Regulatory bodies enact stringent measures to ensure patient safety, product quality, and efficacy. The shifting and evolving regulatory scenario presents a challenge to companies operating in this field as they are required to constantly upgrade their systems to comply with new norms.

Supply Chain Landscape

Raw Material Acquisition

Thermo Fisher Scientific

Merck Millipore

Manufacturing

Brooks Automation

Chart Industries

Distribution
Planer / Astero Bio
End-User Industry
Biotechnology / Fertility Clinics / Pharmaceuticals
Raw Material Acquisition

Thermo Fisher Scientific

Merck Millipore

Manufacturing

Brooks Automation

Chart Industries

Distribution

Planer

Astero Bio

End-User Industry

Biotechnology

Fertility Clinics

Pharmaceuticals

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Leading Providers and Their Strategies

Application AreaIndustryLeading Providers / ConsumersProvider Strategies
Biospecimen Storage
Biotechnology
Thermo Fisher Scientific
Accomplished a successful merger with Life Technologies to streamline the production of cryopreservation systems, thereby enhancing their portfolio and increasing worldwide reach.
Regenerative Medicine
Healthcare
GE Healthcare
Invested in enhancing automation and standardization in cryopreservation systems, leveraging advanced technologies for cell therapy manufacturing.
Cord Blood & Stem Cells storage
Pharmaceuticals
BioLife Solutions
Developed a patented vitrification solution that helps maintain the integrity and effectiveness of preserved stem cells during long-term storage.
Pharmaceutical Manufacturing
Pharmaceuticals
Asymptote
Adopted a strategy of Focused on developing more energy-efficient and scalable solutions for pharmaceutical cryopreservation.

Elevate your strategic vision with in-depth analysis of key applications, leading market players, and their strategies. The report analyzes industry leaders' views and statements on the Cryopreservation Systems market's present and future growth.

Our research is created following strict editorial standards. See our Editorial Policy

Applications of Cryopreservation Systems in Organ Transplants, In Vitro Fertilization and Stem Cell Research

Organ Transplants

Cryopreservation systems also hold crucial importance in the organ transplant field. Here, controlled-rate freezing systems are primarily used to store donated organs until a suitable recipient is found.

In Vitro Fertilization

Cryopreservation systems are an indispensable tool in assisted reproductive technologies, more specifically in invitro fertilization clinics. They use vitrification-based cryopreservation systems to preserve sperm, oocytes, and embryos, ensuring their survival for future use. This application allows for the storage and management of genetic resources over extended periods, giving new hope to couples struggling with infertility. Notably, major companies such as Chart Industries and BioLife Solutions excel in this niche, offering high-tech, user-friendly systems that highlight their superior market standing.

Stem Cell Research

Cryopreservation systems are extensively used in stem cell research. Ultralow temperature cryopreservation systems are the go-to solution in this field, as they help maintain the viability of sensitive cell cultures during long-term storage. The application offers the unique advantage of preserving samples for future studies, eliminating the need for continuous cell cultures. Key players in this field include Thermo Fisher Scientific and Brooks Life Sciences, both known for providing advanced, reliable, and efficient cryopreservation systems, thereby commanding a strong presence in the market.

Cryopreservation Systems vs. Substitutes:
Performance and Positioning Analysis

Cryopreservation Systems, known for prolonged tissue conservation, offer significant improvements over alternatives like lyophilization due to minimal biological damage. Occupying a unique market position, they promise substantial growth in biotechnology and healthcare fields

Cryopreservation Systems
  • Vitrification Systems /
  • Freeze drying Preservation Techniques
    Preservation of biological materials for extended time, Versatility in storing various cell types
    High cost of equipment, Requires specialized training
    High recovery rates, less procedural complexity, and cost-effectiveness
    Low effectiveness with certain types of cells, potential for microbial contamination

Cryopreservation Systems vs. Substitutes:
Performance and Positioning Analysis

Cryopreservation Systems

  • Preservation of biological materials for extended time, Versatility in storing various cell types
  • High cost of equipment, Requires specialized training

Vitrification Systems / Freeze drying Preservation Techniques / Stem Cell Banking Services

  • High recovery rates, less procedural complexity, and cost-effectiveness
  • Low effectiveness with certain types of cells, potential for microbial contamination

Cryopreservation Systems, known for prolonged tissue conservation, offer significant improvements over alternatives like lyophilization due to minimal biological damage. Occupying a unique market position, they promise substantial growth in biotechnology and healthcare fields

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Research Methodology

This market research methodology defines the Cryopreservation Systems market scope, gathers reliable data, and validates findings through integrated primary and secondary research. Our systematic framework ensures precise market sizing, adoption analysis, and competitive benchmarking tailored to solution-driven ecosystems.


Secondary Research Approach


We initiate secondary research by defining the targeted market at both Regional and Country levels. As part of the Medical Device ecosystem, we analyze Cryopreservation Systems across Clinical Research Organizations, Biotechnology & Pharmaceutical Companies, and Cryobanks Applications. Data is systematically gathered from country level ministerial sources, industry associations & federations, company annual & quarterly reports and other credential sources, allowing us to map solution deployment trends, pricing models, compliance requirements, and technology adoption pathways.


Key Sources Referenced:


We benchmark competitors such as Thermo Fisher Scientific Inc., Brooks Automation Inc., and Chart Industries Inc. using verified industry reports, customer case studies, company disclosures, and partner ecosystem strategies. Our secondary insights uncover solution-specific drivers and inhibitors, which form the foundation for targeted primary research.


Primary Research Methods


We conduct structured interviews and surveys with solution stakeholders, including Raw Material Acquisition, Manufacturing, and Distribution. Geographic coverage spans North America (45%), Europe (33%), and Asia-Pacific (22%) and Middle East & Africa (5%). Our online surveys generally achieve a 72% response rate, while expert interviews deliver an 86% engagement level, resulting in a 93% confidence level with ±6.1% margin of error.


Through targeted questionnaires and in-depth interviews, we capture adoption motivators, integration challenges, return-on-investment perceptions, and solution stickiness across enterprise segments. These primary insights validate secondary findings and align market sizing with real-world conditions.


Market Engineering and Data Analysis Framework


Our data analysis framework integrates Top-Down, Bottom-Up, and Adoption-Rate modeling to forecast solution demand with precision.


Top-down and Bottom-up Process


In the Top-down approach, we disaggregate global Medical Device revenues to estimate the Cryopreservation Systems segment, leveraging enterprise digitalization budgets and IT spending patterns. In the Bottom-up approach, we aggregate deployment data at the country and vertical levels, considering subscription volumes, integration projects, and solution renewals to forecast regional and global adoption. By reconciling both approaches, we ensure statistical robustness and forecast reliability.


We further map the solution delivery value chain spanning Raw Material Acquisition (Thermo Fisher Scientific, Merck Millipore), Manufacturing (Brooks Automation, Chart Industries), and Distribution. Our parallel substitute analysis examines Vitrification Systems, Freeze drying Preservation Techniques, and Stem Cell Banking Services, highlighting diversification opportunities and competitive risks.


Company Market Share and Benchmarking


We benchmark leading solution providers such as Thermo Fisher Scientific Inc., Brooks Automation Inc., and Chart Industries Inc., analyzing their strengths in deployment scalability, integration capabilities, customer retention, and partner ecosystem development. Company revenues, case deployments, and recurring revenue streams are assessed to estimate market shares and clarify competitive positioning.


Our integration of triangulated data, ecosystem mapping, and solution benchmarking, enhanced by our proprietary Directional Superposition methodology, ensures precise forecasts and actionable strategic insights into the Cryopreservation Systems market.


Quality Assurance and Compliance


We cross-reference secondary data with primary inputs and external expert reviews to confirm consistency. Further, we use stratified sampling, anonymous surveys, third-party interviews, and time-based sampling to reduce bias and strengthen our results.


Our methodology is developed in alignment with ISO 20252 standards and ICC/ESOMAR guidelines for research ethics. The study methodology follows globally recognized frameworks such as ISO 20252 and ICC codes of practice.

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Cryopreservation Systems Market Data: Size, Segmentation & Growth Forecast

Report AttributeDetails
Market Value in 2025USD 2.8 billion
Revenue Forecast in 2034USD 7.5 billion
Growth RateCAGR of 11.7% from 2025 to 2034
Base Year for Estimation2024
Industry Revenue 20242.5 billion
Growth OpportunityUSD 5.0 billion
Historical Data2019 - 2023
Growth Projection / Forecast Period2025 - 2034
Market Size UnitsMarket Revenue in USD billion and Industry Statistics
Market Size 20242.5 billion USD
Market Size 20273.5 billion USD
Market Size 20294.3 billion USD
Market Size 20304.8 billion USD
Market Size 20347.5 billion USD
Market Size 20358.4 billion USD
Report CoverageMarket revenue for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends
Segments CoveredProduct Type, Therapeutic Application, End User, Distribution Channels, Device Connectivity
Regional scopeNorth America, Europe, Asia Pacific, Latin America and Middle East & Africa
Country scopeU.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa
Companies ProfiledThermo Fisher Scientific Inc., Brooks Automation Inc., Chart Industries Inc., Praxair Technology Inc., Custom Biogenic Systems Inc., BioLife Solutions Inc., Hamilton Company, Barber Nichols Inc., VWR International LLC, Panasonic Healthcare Co. Ltd., Biocision LLC and PHC Holdings Corporation
CustomizationFree customization at segment, region or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement which is almost equivalent to 10% of report value

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Table of Contents

Industry Insights Report - Table Of Contents

Chapter 1

Executive Summary

Major Markets & Their Performance - Statistical Snapshots

Chapter 2

Research Methodology

2.1Axioms & Postulates
2.2Market Introduction & Research MethodologyEstimation & Forecast Parameters / Major Databases & Sources
Chapter 3

Market Dynamics

3.1Market OverviewDrivers / Restraints / Opportunities / M4 Factors
3.2Market Trends
3.2.1Introduction & Narratives
3.2.2Market Trends - Impact Analysis(Short, Medium & Long Term Impacts)
3.3Supply Chain Analysis
3.4Porter's Five ForcesSuppliers & Buyers' Bargaining Power, Threat of Substitution & New Market Entrants, Competitive Rivalry
Chapter 4

Cryopreservation Systems Market Size, Opportunities & Strategic Insights, by Product Type

4.1Controlled Rate Freezers
4.2Vitrification
4.3Thawing Equipment
Chapter 5

Cryopreservation Systems Market Size, Opportunities & Strategic Insights, by Therapeutic Application

5.1Stem Cell Research
5.2Organ Transplants
5.3In Vitro Fertilization
5.4Others
Chapter 6

Cryopreservation Systems Market Size, Opportunities & Strategic Insights, by End User

6.1Clinical Research Organizations
6.2Biotechnology & Pharmaceutical Companies
6.3Cryobanks
6.4Others
Chapter 7

Cryopreservation Systems Market Size, Opportunities & Strategic Insights, by Distribution Channels

7.1Direct Selling
7.2Distributor Based
Chapter 8

Cryopreservation Systems Market Size, Opportunities & Strategic Insights, by Device Connectivity

8.1Wired
8.2Wireless
Chapter 9

Cryopreservation Systems Market, by Region

9.1North America Cryopreservation Systems Market Size, Opportunities, Key Trends & Strategic Insights
9.1.1U.S.
9.1.2Canada
9.2Europe Cryopreservation Systems Market Size, Opportunities, Key Trends & Strategic Insights
9.2.1Germany
9.2.2France
9.2.3UK
9.2.4Italy
9.2.5The Netherlands
9.2.6Rest of EU
9.3Asia Pacific Cryopreservation Systems Market Size, Opportunities, Key Trends & Strategic Insights
9.3.1China
9.3.2Japan
9.3.3South Korea
9.3.4India
9.3.5Australia
9.3.6Thailand
9.3.7Rest of APAC
9.4Middle East & Africa Cryopreservation Systems Market Size, Opportunities, Key Trends & Strategic Insights
9.4.1Saudi Arabia
9.4.2United Arab Emirates
9.4.3South Africa
9.4.4Rest of MEA
9.5Latin America Cryopreservation Systems Market Size, Opportunities, Key Trends & Strategic Insights
9.5.1Brazil
9.5.2Mexico
9.5.3Rest of LA
9.6CIS Cryopreservation Systems Market Size, Opportunities, Key Trends & Strategic Insights
9.6.1Russia
9.6.2Rest of CIS
Chapter 10

Competitive Landscape

10.1Competitive Dashboard & Market Share Analysis
10.2Company Profiles (Overview, Financials, Developments, SWOT)
10.2.1Thermo Fisher Scientific Inc.
10.2.2Brooks Automation Inc.
10.2.3Chart Industries Inc.
10.2.4Praxair Technology Inc.
10.2.5Custom Biogenic Systems Inc.
10.2.6BioLife Solutions Inc.
10.2.7Hamilton Company
10.2.8Barber Nichols Inc.
10.2.9VWR International LLC
10.2.10Panasonic Healthcare Co. Ltd.
10.2.11Biocision LLC
10.2.12PHC Holdings Corporation