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    US Cryogenic Freezers Market

    ID: MRFR/HC/17795-HCR
    100 Pages
    Rahul Gotadki
    October 2025

    US Cryogenic Freezers Market Research Report By Product Type (Tunnel Freezer, IQF Freezer, Immersion Freezer, Spiral Freezer, Others), By Application (Corporate Laboratories, Hospitals and Blood Centers, Universities and Research Institutions, Others) and By End-User (Food and Beverages, Medical and Healthcare, Pharmaceuticals, Chemicals, Others) - Forecast to 2035

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    US Cryogenic Freezers Market Infographic
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    US Cryogenic Freezers Market Summary

    As per MRFR analysis, the US cryogenic freezers market Size was estimated at 343.12 USD Million in 2024. The US cryogenic freezers market is projected to grow from 363.43 USD Million in 2025 to 646.19 USD Million by 2035, exhibiting a compound annual growth rate (CAGR) of 5.92% during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The US cryogenic freezers market is experiencing robust growth driven by technological advancements and increasing demand in healthcare.

    • Technological advancements are enhancing the efficiency and reliability of cryogenic freezers.
    • The healthcare sector is witnessing a surge in demand for cryogenic storage solutions, particularly in biobanking and vaccine development.
    • Pharmaceutical research and development is a key segment, likely contributing to the market's expansion.
    • Rising biobanking activities and increased focus on vaccine development are major drivers propelling market growth.

    Market Size & Forecast

    2024 Market Size 343.12 (USD Million)
    2035 Market Size 646.19 (USD Million)

    Major Players

    Thermo Fisher Scientific (US), Chart Industries (US), Linde plc (IE), Air Products and Chemicals (US), Cryofab, Inc. (US), MVE Biological Solutions (US), Helmer Scientific (US), Panasonic Healthcare Holdings (JP), Eppendorf AG (DE)

    US Cryogenic Freezers Market Trends

    The cryogenic freezers market is currently experiencing notable growth, driven by advancements in technology and increasing demand across various sectors. These freezers, which operate at extremely low temperatures, are essential for preserving biological samples, pharmaceuticals, and other sensitive materials. The healthcare and biotechnology industries are particularly influential in this market, as they require reliable storage solutions for vaccines, blood samples, and cellular therapies. Furthermore, the rising focus on research and development in these fields is likely to propel the need for efficient cryogenic storage systems. In addition to healthcare, the cryogenic freezers market is also benefiting from the expansion of the food and beverage sector. As companies seek to enhance product quality and extend shelf life, the adoption of cryogenic freezing techniques is becoming more prevalent. This trend is further supported by regulatory standards that emphasize food safety and quality assurance. Overall, the market appears poised for continued growth, with innovations in design and functionality potentially leading to more efficient and user-friendly solutions in the near future.

    Technological Advancements

    Recent innovations in cryogenic technology are enhancing the efficiency and reliability of cryogenic freezers. These advancements include improved insulation materials and energy-efficient designs, which contribute to lower operational costs and better temperature stability. As a result, users are likely to experience enhanced performance and reduced energy consumption.

    Increased Demand in Healthcare

    The healthcare sector is driving a significant portion of the cryogenic freezers market, as the need for secure storage of biological materials continues to rise. Hospitals and research institutions are increasingly investing in advanced cryogenic solutions to ensure the integrity of critical samples, which may lead to a sustained increase in market demand.

    Regulatory Compliance and Food Safety

    The food and beverage industry is witnessing a growing emphasis on safety and quality, prompting companies to adopt cryogenic freezing methods. Regulatory bodies are enforcing stricter guidelines regarding food preservation, which may encourage the use of cryogenic freezers to meet these standards and ensure product longevity.

    US Cryogenic Freezers Market Drivers

    Rising Biobanking Activities

    The increasing focus on biobanking activities in the US is a notable driver for the cryogenic freezers market. Biobanks require reliable storage solutions for biological samples, which necessitate the use of cryogenic freezers to preserve the integrity of these samples. The biobanking sector has seen substantial growth, with an estimated market value reaching $2.5 billion by 2025. This growth is driven by advancements in personalized medicine and genomics, which rely heavily on the availability of well-preserved biological materials. Consequently, the demand for cryogenic freezers is expected to rise as biobanks expand their operations and seek high-quality storage solutions to meet regulatory standards and ensure sample viability.

    Increased Focus on Vaccine Development

    The ongoing emphasis on vaccine development in the US has emerged as a key driver for the cryogenic freezers market. With the rise of new infectious diseases and the need for rapid vaccine production, cryogenic freezers play a crucial role in the storage of vaccine components and biological samples. The vaccine market is expected to grow significantly, with estimates suggesting a value of $100 billion by 2025. This growth is likely to spur demand for cryogenic freezers, as they provide the necessary conditions for maintaining the efficacy of vaccines during storage and transportation. As vaccine development continues to be a priority, the cryogenic freezers market is poised for expansion.

    Pharmaceutical Research and Development

    The cryogenic freezers market is significantly influenced by the pharmaceutical research and development sector. As pharmaceutical companies invest heavily in R&D, the need for effective storage solutions for sensitive biological materials becomes paramount. Cryogenic freezers are essential for preserving cell lines, tissues, and other biological samples at ultra-low temperatures, which is critical for drug development processes. The pharmaceutical industry in the US is projected to reach $600 billion by 2025, with a substantial portion allocated to R&D activities. This trend indicates a growing reliance on cryogenic freezers to support innovative research and ensure the stability of samples throughout the development lifecycle.

    Technological Innovations in Cryogenic Storage

    Technological innovations in cryogenic storage systems are driving advancements in the cryogenic freezers market. Manufacturers are increasingly integrating smart technologies, such as IoT connectivity and automated monitoring systems, into cryogenic freezers to enhance performance and reliability. These innovations allow for real-time monitoring of temperature and storage conditions, which is critical for maintaining sample integrity. The market for smart cryogenic freezers is projected to grow at a CAGR of 8% through 2025, reflecting the increasing demand for advanced storage solutions in laboratories and research facilities. As technology continues to evolve, the cryogenic freezers market is likely to benefit from enhanced product offerings and improved operational efficiencies.

    Growing Demand from Academic and Research Institutions

    The cryogenic freezers market is experiencing growth due to the rising demand from academic and research institutions across the US. These institutions require reliable storage solutions for various research applications, including molecular biology, genetics, and biochemistry. The increasing number of research projects and collaborations in these fields is driving the need for cryogenic freezers to preserve samples at ultra-low temperatures. With federal funding for research initiatives projected to increase, academic institutions are expected to invest more in advanced cryogenic storage solutions. This trend indicates a robust growth trajectory for the cryogenic freezers market as educational and research entities seek to enhance their capabilities in scientific exploration.

    Market Segment Insights

    By Product Type: IQF Freezer (Largest) vs. Tunnel Freezer (Fastest-Growing)

    In the US cryogenic freezers market, the segment distribution reveals that IQF Freezers hold a significant portion of the market share, primarily due to their efficiency in maintaining product quality during freezing. Tunnel Freezers, while currently smaller in market share compared to IQF, are rapidly gaining popularity due to technological advancements and increasing demand in various food processing sectors. Growth trends indicate that Tunnel Freezers are emerging as the fastest-growing segment, driven by the rising need for faster processing times and reduced energy consumption. The convenience and effectiveness of these freezers in handling bulk products are appealing to various industries, leading to an expanded adoption rate. Investments in innovation and efficiency are anticipated to bolster the growth of these freezers in the coming years.

    IQF Freezer (Dominant) vs. Tunnel Freezer (Emerging)

    IQF Freezers are characterized by their capability to freeze individual pieces of food rapidly, preserving texture and freshness, making them the preferred choice among processors. The dominance of this segment is attributed to its extensive application in fruits, vegetables, and seafood processing, enhancing product shelf life and quality. On the other hand, Tunnel Freezers are becoming an emerging choice due to their scalability and flexibility, allowing for continuous feeding of products, which caters to increasing production demands. As manufacturers focus on enhancing production efficiency and meeting consumer preferences for quality frozen foods, both segments are expected to play pivotal roles, with IQF Freezers retaining their strong foothold while Tunnel Freezers capitalizing on their growth potential.

    By Application: Hospitals and Blood Centers (Largest) vs. Universities and Research Institutions (Fastest-Growing)

    In the US cryogenic freezers market, the application segment shows a diverse distribution where Hospitals and Blood Centers hold the largest share. This dominance is attributed to the critical role these facilities play in storing biological materials, such as blood and tissue samples, which require reliable cryogenic solutions for preservation. Moreover, Corporate Laboratories and Others also contribute significantly, but they are outpaced by the substantial demand from hospitals and blood centers. Overall, the market reflects a strong preference for freezers that ensure optimal storage conditions for sensitive biological entities. Growth trends in this segment indicate that Universities and Research Institutions are emerging as the fastest-growing category. This trend is driven by increased research activities and the need for advanced storage solutions that can support experimental procedures and long-term sample preservation. Additionally, technological advancements in cryogenic freezing methods enhance the overall efficiency and reliability of freezers, attracting more institutions to invest in these systems. As research funding continues to rise, the university sector is poised for significant expansion, driving future growth in the market.

    Hospitals and Blood Centers (Dominant) vs. Universities and Research Institutions (Emerging)

    Hospitals and Blood Centers are the dominant players in the application segment, primarily due to their extensive need for cryogenic freezers to store blood products and other biological samples safely. These establishments prioritize reliability and compliance with health safety regulations, which leads them to invest in cutting-edge technology. On the other hand, Universities and Research Institutions are emerging rapidly in the US cryogenic freezers market, driven by ongoing biomedical research and increasing collaborations with clinical partners. These institutions often seek innovative solutions to handle biological specimens for various scientific studies. As they expand their research capabilities, the demand for advanced cryogenic freezers is anticipated to rise, fostering competition in the market.

    By End Use Industry: Medical and Healthcare (Largest) vs. Food and Beverages (Fastest-Growing)

    The US cryogenic freezers market shows a diverse distribution among its end-use industries. The Medical and Healthcare sector holds a substantial share, driven by increasing demand for healthcare storage solutions, while the Food and Beverages segment is rapidly gaining traction as consumers seek better preservation methods for perishable goods. Pharmaceuticals and Chemicals also contribute significantly, although they are overshadowed by the larger sectors. Growth trends indicate a robust expansion across the Medical and Healthcare segment, fueled by technological advancements and increasing investments in medical research. Simultaneously, the Food and Beverages segment is emerging quickly, motivated by changing consumer preferences and the rising need for improved food safety standards. This dynamic environment is projected to shape the market landscape moving forward.

    Medical and Healthcare (Dominant) vs. Food and Beverages (Emerging)

    The Medical and Healthcare segment of the US cryogenic freezers market is characterized by its dominant position, largely due to its critical role in preserving medical samples, biological materials, and pharmaceuticals. It benefits from stringent regulations that demand high-quality storage solutions. On the other hand, the Food and Beverages sector is an emerging force, reflecting trends towards organic and fresh food preservation. As consumers become more health-conscious, the shift towards using cryogenic technology to maintain food quality and extend shelf life is accelerating. Both segments play vital roles in their respective fields, showcasing the versatility and importance of cryogenic freezers.

    Get more detailed insights about US Cryogenic Freezers Market

    Key Players and Competitive Insights

    The cryogenic freezers market is currently characterized by a competitive landscape that is both dynamic and multifaceted. Key growth drivers include the increasing demand for biobanking, advancements in medical research, and the rising need for temperature-sensitive storage solutions across various sectors. Major players such as Thermo Fisher Scientific (US), Chart Industries (US), and Air Products and Chemicals (US) are strategically positioned to leverage these trends. Thermo Fisher Scientific (US) focuses on innovation and product development, particularly in enhancing the efficiency and reliability of their cryogenic storage solutions. Chart Industries (US) emphasizes regional expansion and partnerships to strengthen its market presence, while Air Products and Chemicals (US) is investing in digital transformation to optimize its operations and customer engagement. Collectively, these strategies contribute to a competitive environment that is increasingly driven by technological advancements and customer-centric solutions.

    In terms of business tactics, companies are localizing manufacturing and optimizing supply chains to enhance operational efficiency and reduce costs. The market structure appears moderately fragmented, with several key players exerting considerable influence. This fragmentation allows for a diverse range of products and services, catering to various customer needs while fostering competition among established and emerging players.

    In October 2025, Thermo Fisher Scientific (US) announced the launch of a new line of ultra-low temperature freezers designed to improve energy efficiency by 30%. This strategic move not only aligns with the growing emphasis on sustainability but also positions the company as a leader in environmentally friendly solutions within the cryogenic freezers market. The introduction of these innovative products is likely to enhance Thermo Fisher's competitive edge and appeal to environmentally conscious customers.

    In September 2025, Chart Industries (US) entered into a strategic partnership with a leading biotechnology firm to develop customized cryogenic storage solutions tailored for advanced therapies. This collaboration underscores Chart's commitment to innovation and its ability to adapt to the evolving needs of the biotechnology sector. By aligning with industry leaders, Chart Industries is poised to enhance its product offerings and expand its market share.

    In August 2025, Air Products and Chemicals (US) unveiled a new digital platform aimed at streamlining the ordering and monitoring processes for cryogenic freezers. This initiative reflects the company's focus on digital transformation and customer experience enhancement. By leveraging technology, Air Products is likely to improve operational efficiency and strengthen customer loyalty, thereby solidifying its position in the market.

    As of November 2025, current competitive trends indicate a strong shift towards digitalization, sustainability, and the integration of artificial intelligence in product development and customer service. Strategic alliances are increasingly shaping the landscape, enabling companies to pool resources and expertise to drive innovation. Looking ahead, competitive differentiation is expected to evolve from traditional price-based competition to a focus on technological innovation, supply chain reliability, and sustainable practices. This shift may redefine market dynamics, compelling companies to prioritize R&D and customer-centric solutions to maintain a competitive edge.

    Key Companies in the US Cryogenic Freezers Market market include

    Industry Developments

    In recent months, the US Cryogenic Freezers Market has experienced notable developments. Companies such as Chart Industries and Thermo Fisher Scientific have focused on expanding their product portfolios, aligning with the increasing demand for cryogenic storage solutions in the healthcare and research sectors. As of April 2023, MVE Biological Solutions launched a new line of ultra-low-temperature freezers, showcasing advancements in cryogenics technology.

    The market has also seen significant investment, with Helmer Scientific introducing innovative freezer designs to enhance energy efficiency and safety standards in laboratories.On the mergers and acquisitions front, in May 2023, Eppendorf announced the acquisition of a proprietary technology from a smaller competitor, enhancing their product offerings in the cryogenic segment. This consolidation trend is indicative of the competitive landscape, as companies aim to enhance their capabilities and market share.

    The market's valuation has grown substantially, supported by increased funding and public interest in cryogenic applications, particularly driven by vaccine storage and biobanking needs, reinforcing the critical role these companies play in advancing this vital sector for healthcare and scientific research in the US.

    Future Outlook

    US Cryogenic Freezers Market Future Outlook

    The cryogenic freezers market is projected to grow at a 5.92% CAGR from 2024 to 2035, driven by advancements in technology, increasing demand in healthcare, and expanding applications in research.

    New opportunities lie in:

    • Development of energy-efficient cryogenic systems for reduced operational costs.
    • Integration of IoT for real-time monitoring and predictive maintenance.
    • Expansion into emerging markets with tailored solutions for local industries.

    By 2035, the market is expected to achieve robust growth, driven by innovation and strategic investments.

    Market Segmentation

    US Cryogenic Freezers Market Application Outlook

    • Corporate Laboratories
    • Hospitals and Blood Centers
    • Universities and Research Institutions
    • Others

    US Cryogenic Freezers Market Product Type Outlook

    • Tunnel Freezer
    • IQF Freezer
    • Immersion Freezer
    • Spiral Freezer
    • Others

    US Cryogenic Freezers Market End Use Industry Outlook

    • Food and Beverages
    • Medical and Healthcare
    • Pharmaceuticals
    • Chemicals
    • Others

    Report Scope

    MARKET SIZE 2024 343.12(USD Million)
    MARKET SIZE 2025 363.43(USD Million)
    MARKET SIZE 2035 646.19(USD Million)
    COMPOUND ANNUAL GROWTH RATE (CAGR) 5.92% (2024 - 2035)
    REPORT COVERAGE Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2024
    Market Forecast Units USD Million
    Key Companies Profiled Thermo Fisher Scientific (US), Chart Industries (US), Linde plc (IE), Air Products and Chemicals (US), Cryofab, Inc. (US), MVE Biological Solutions (US), Helmer Scientific (US), Panasonic Healthcare Holdings (JP), Eppendorf AG (DE)
    Segments Covered Product Type, Application, End Use Industry
    Key Market Opportunities Advancements in cryogenic technology enhance preservation capabilities, driving demand in pharmaceuticals and biotechnology sectors.
    Key Market Dynamics Technological advancements drive efficiency and performance improvements in the cryogenic freezers market, enhancing competitive dynamics.
    Countries Covered US

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    FAQs

    What is the expected market size of the US Cryogenic Freezers Market in 2024?

    The US Cryogenic Freezers Market is expected to be valued at 311.15 million USD in 2024.

    What is the projected market size of the US Cryogenic Freezers Market by 2035?

    By 2035, the US Cryogenic Freezers Market is projected to reach a value of 712.7 million USD.

    What is the expected CAGR for the US Cryogenic Freezers Market from 2025 to 2035?

    The expected CAGR for the US Cryogenic Freezers Market from 2025 to 2035 is 7.826%.

    Which product type is expected to dominate the US Cryogenic Freezers Market in 2024?

    The IQF Freezer is expected to dominate the market with a value of 85.0 million USD in 2024.

    What will be the value of the Tunnel Freezer segment in the US Cryogenic Freezers Market by 2035?

    The Tunnel Freezer segment is expected to be valued at 160.0 million USD by 2035.

    What are the major players in the US Cryogenic Freezers Market?

    Major players include MVE Biological Solutions, Labconco, Helmer Scientific, and Thermo Fisher Scientific.

    What value is the Immersion Freezer segment expected to reach in the market by 2035?

    The Immersion Freezer segment is expected to reach a value of 115.0 million USD by 2035.

    What is the projected market size of the Others segment by 2035?

    The Others segment is projected to be valued at 167.7 million USD by 2035.

    How much is the Spiral Freezer segment valued at in 2024?

    The Spiral Freezer segment is valued at 30.0 million USD in 2024.

    What are the key growth drivers for the US Cryogenic Freezers Market?

    Key growth drivers include increasing demand for cryogenic preservation in healthcare and research.

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