Cryogenic Capsules Market is predicted to reach USD 11.4 Billion at a CAGR of 5.90% during the forecast period 2032

Market Research Future (MRFR) has published on the “Global Cryogenic Capsules Market”

that contains information from 2018 to 2032. The Cryogenic Capsules market is estimated to register a CAGR of 5.90% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Cryogenic Capsules market— Lab Depot, Globe Scientific, Heathrow Scientific, Sumitomo Bakelite, Starlab International GmbH, E and K Scientific Products, Caesa-Labs, Catalent, Cryolor, Thermo Fisher Scientific, Argos Technologies, Sigma-Aldrich Corporation, Capp ApS, and Corning

Market Highlights

The global Cryogenic Capsules market is accounted to register a CAGR of 5.90% during the forecast period and is estimated to reach USD 11.4 Billion by 2032.

The demand for extremely low temperature storage and transportation of chemicals in the healthcare and other industries is driving the market for cryogenic capsules.

Segment Analysis

The global cryogenic capsules market has been segmented based material, capacity and cap closure type.

On the basis of material, the market is segmented into polypropylene and polyethylene. Polypropylene segment dominated the global market in 2022. For low temperature work, there are commercially available polypropylene cryovials in a range of sizes.  

Based on capacity, the global cryogenic capsules market has been segmented into 0.5ml to 1ml, 1ml to 2ml, and 2ml to 5ml. 1ml to 2ml segment dominated the global Cryogenic Capsules market in 2022. Because they are efficient at holding the tiny and medium amounts of test samples, the use of 1ml to 2ml cryogenic capsules in the healthcare research and development sector is on the rise.

Based on cap closure type, the global cryogenic capsules market has been segmented into inner cap (internal thread) and outer cap (external thread). Outer cap (external thread) segment dominated the global market in 2022. This is due to the rise in demand for outer cap cryogenic capsules. The sample being maintained is better protected by these capsules with cap closures.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Cryogenic Capsules Market Research Report

Regional Analysis

The global Cryogenic Capsules market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Cryogenic Capsules market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Cryogenic Capsules market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Cryogenic Capsules market comprises of Middle East, Africa, and Latin America.

The North America Cryogenic Capsules Market dominated this market in 2022 (45.80 A significant factor in the region's revenue growth is the presence of developed economies like the United States. The fundamental reason for the ongoing rise is an increase in industrialization. There are numerous significant market players, including Heathrow Scientific, E&K Scientific Products, and Thermo Fisher Scientific Inc.

Moreover, the market for cryogenic capsules in Europe has a substantial market share in 2022. This is because during the summer of 2020, there will be an increase of up to 50% in inquiries from women about egg freezing at reproductive clinics in the UK. As a result, the market growth for cryopreservation equipment was positively impacted by the acceptance of freezing therapies for the preservation of fertility and the quickly expanding technological improvements. Vendors can grow the size of their consumer bases in developing European markets with the aid of the new features and technology. The cryogenic capsule industry will most likely be driven by this element.

Additionally, from 2023 to 2032, the Asia Pacific Cryogenic Capsules market is anticipated to develop significantly. The rapid growth of the biotechnology and pharmaceutical industries, as well as the globalization of regional, national, and international organizations, are all related to the development of the region.

Furthermore, the rest of the world's Cryogenic Capsules market is divided into the Middle East, Africa, and Latin America. The Latin America market for cryogenic capsules is experiencing steady growth due to the increasing demand for cryopreservation and storage of biological samples in industries such as healthcare, pharmaceuticals, and research.

Key Findings of the Study

• The global Cryogenic Capsules market is expected to reach USD 11.4 Billion by 2032, at a CAGR of 5.90% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market The rapid growth of the biotechnology and pharmaceutical industries, as well as the globalization of regional, national, and international organizations, are all related to the development of the region.


• Based on Cap Closure Type, the Outer cap (external thread) segment was attributed to holding the largest market in 2022


• Lab Depot, Globe Scientific, Heathrow Scientific, Sumitomo Bakelite, Starlab International GmbH, E and K Scientific Products, Caesa-Labs, Catalent, Cryolor, Thermo Fisher Scientific, Argos Technologies, Sigma-Aldrich Corporation, Capp ApS, and Corning