Cryopreservation Bags and Freezing Bags Market Size is predicted to show a 7.24% CAGR during the forecast period for 2023-2031.
Cryopreservation involves preserving biological products in a closed-bag system at very low temperatures. The manufacturers of cryopreservation bags and freezing bags provide various cryobags to different companies for the long-term preservation of various biological materials such as blood samples, tissues, organs, and cells. The selection of the ideal packaging material form is an essential factor influencing cryopreservation bag manufacturing. For instance, in February 2022, OriGen Biomedical launched its cryopreservation product, CryoStore FLEX freezing bag. This EVA bag is used to store blood components and has received CE mark clearance confirming its compliance with specific requirements of the European medical device directives.
The rising preference for packaged food items is estimated to escalate the demand for freezing bags over the forecast period. Furthermore, the increasing need for storage containers that preserve the stored samples' integrity, viability, stability, and quality is a primary factor driving the growth of the cryopreservation bags and freezing bags market.
The Cryopreservation Bags and Freezing Bags Market is segmented based on the type of analyte stored and region. The market is classified into blood, biologics, and tissues by the type of analyte stored.
In terms of the type of analyte stored, the blood segment is expected to lead the market during the projected period (2023-2031). Factors such as the technological advancements in the healthcare research sector, the increasing prevalence of blood disorders, and rising demand for advanced therapeutic medicinal products (ATMPs) and biobanking applications are predicated on creating lucrative opportunities for players involved in this market. India and China are the primary contributors to the blood segment.
North America cryopreservation bags and freezing bags market is expected to record an enormous market share in revenue over the forecast period. The growing number of biopharmaceutical companies, technological advancements in healthcare industries, and increasing demand for cryopreservation bags and freezing bags are propelling the regional market's growth. In addition, the Asia-Pacific region is considered to increase significantly in the forthcoming years due to the growing prevalence of blood disorders and the surge in demand for ATMPs, stem cells, gene and cell therapies, and biobanking applications.
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Report Attribute |
Specifications |
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Market Size Value In 2022 |
USD XX Million |
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Revenue Forecast In 2031 |
USD XX Million |
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Growth Rate CAGR |
CAGR of XX % from 2023 to 2031 |
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Quantitative Units |
Representation of revenue in US$ Million and CAGR from 2023 to 2031 |
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Historic Year |
2019 to 2022 |
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Forecast Year |
2023-2031 |
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Report Coverage |
The forecast of revenue, the position of the company, the competitive market structure, growth prospects, and trends |
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Segments Covered |
By Type of Analyte Stored |
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Regional Scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country Scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; South East Asia; South Korea; South East Asia |
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Competitive Landscape |
American Durafilm, Biomed Device, CellBios, Charter Medical, Instant Systems, Macopharma, OriGen Biomedical, Sartorius, and Others. |
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Customization Scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and Available Payment Methods |
Explore pricing alternatives that are customized to your particular study requirements. |
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
Chapter 2. Executive Summary
Chapter 3. Global Cryopreservation Bags and Freezing Bags Market Snapshot
Chapter 4. Global Cryopreservation Bags and Freezing Bags Market Variables, Trends & Scope
4.1. Market Segmentation & Scope
4.2. Drivers
4.3. Challenges
4.4. Trends
4.5. Investment and Funding Analysis
4.6. Industry Analysis – Porter’s Five Forces Analysis
4.7. Competitive Landscape & Market Share Analysis
4.8. Impact of Covid-19 Analysis
Chapter 5. Market Segmentation 1: by Type of Analyte Stored Estimates & Trend Analysis
5.1. by Type of Analyte Stored & Market Share, 2019 & 2031
5.2. Market Size (Value (US$ Mn) & Forecasts and Trend Analyses, 2019 to 2031 for the following by Type of Analyte Stored:
5.2.1. Blood
5.2.2. Biologics
5.2.3. Tissues
Chapter 6. Cryopreservation Bags and Freezing Bags Market Segmentation 2: Regional Estimates & Trend Analysis
6.1. North America
6.1.1. North America Cryopreservation Bags and Freezing Bags Market Revenue (US$ Million) Estimates and Forecasts by Type of Analyte Stored, 2023-2031
6.1.2. North America Cryopreservation Bags and Freezing Bags Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
6.2. Europe
6.2.1. Europe Cryopreservation Bags and Freezing Bags Market Revenue (US$ Million) Estimates and Forecasts by Type of Analyte Stored, 2023-2031
6.2.2. Europe Cryopreservation Bags and Freezing Bags Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
6.3. Asia Pacific
6.3.1. Asia Pacific Cryopreservation Bags and Freezing Bags Market Revenue (US$ Million) Estimates and Forecasts by Type of Analyte Stored, 2023-2031
6.3.2. Asia Pacific Cryopreservation Bags and Freezing Bags Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
6.4. Latin America
6.4.1. Latin America Cryopreservation Bags and Freezing Bags Market Revenue (US$ Million) Estimates and Forecasts by Type of Analyte Stored, 2023-2031
6.4.2. Latin America Cryopreservation Bags and Freezing Bags Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
6.5. Middle East & Africa
6.5.1. Middle East & Africa Cryopreservation Bags and Freezing Bags Market Revenue (US$ Million) Estimates and Forecasts by Type of Analyte Stored, 2023-2031
6.5.2. Middle East & Africa Cryopreservation Bags and Freezing Bags Market Revenue (US$ Million) Estimates and Forecasts by country, 2023-2031
Chapter 7. Competitive Landscape
7.1. Major Mergers and Acquisitions/Strategic Alliances
7.2. Company Profiles
7.2.1. American Durafilm
7.2.2. Biomed Device
7.2.3. CellBios
7.2.4. Charter Medical
7.2.5. Instant Systems
7.2.6. Macopharma
7.2.7. OriGen Biomedical
7.2.8. Sartorius
7.2.9. Other Prominent Players
Cryopreservation Bags and Freezing Bags Market By Type of Analyte Stored-
Cryopreservation Bags and Freezing Bags Market By Region-
North America-
Europe-
Asia-Pacific-
Latin America-
Middle East & Africa-
InsightAce Analytic follows a standard and comprehensive market research methodology focused on offering the most accurate and precise market insights. The methods followed for all our market research studies include three significant steps—primary research, secondary research, and data modeling and analysis—to derive the current market size and forecast it over the forecast period. In this study, these three steps were used iteratively to generate valid data points (minimum deviation), which were cross-validated through multiple approaches mentioned below in the data modeling section.
Through secondary research methods, information on the market under study, its peers, and the parent market was collected. This information was then entered into data models. The resulting data points and insights were then validated by primary participants.
Based on additional insights from these primary participants, more directional efforts were put into doing secondary research and optimizing data models. This process was repeated until all the data models used in the study produced similar results (with a minimum deviation). This way, this iterative process was able to generate the most accurate market numbers and qualitative insights.
Secondary research
The secondary research sources that are typically mentioned include, but are not limited to:
The paid sources for secondary research like Factiva, OneSource, Hoovers, and Statista
Primary Research:
Primary research involves telephonic interviews, e-mail interactions, as well as face-to-face interviews for each market, category, segment, and subsegment across geographies
The contributors who typically take part in such a course include, but are not limited to:
Data Modeling and Analysis:
In the iterative process (mentioned above), data models received inputs from primary as well as secondary sources. But analysts working on these models were the key. They used their extensive knowledge and experience about the industry and topic to make changes and fine-tune these models as per the product or service under study.
The standard data models used while studying this market were the top-down and bottom-up approaches and the company shares analysis model. However, other methods were also used along with these, which were specific to the industry and product or service under study.
To know more about the research methodology used for this study, kindly contact us/click here.
