As per MRFR analysis, the US Cryogenic Freezers Market Size was estimated at 293.81 (USD Million) in 2023. The US Cryogenic Freezers Market Industry is expected to grow from 311.15(USD Million) in 2024 to 712.7 (USD Million) by 2035. The US Cryogenic Freezers Market CAGR (growth rate) is expected to be around 7.826% during the forecast period (2025 - 2035).
The US Cryogenic Freezers Market is currently experiencing significant growth, driven by increasing demand across various sectors, particularly in the healthcare and food industries. The key market drivers include the rising need for advanced preservation techniques for biological samples, vaccines, and pharmaceuticals, especially in response to public health initiatives and the rapid development of biopharmaceuticals. Additionally, the growing emphasis on quality control and safety in food storage is pushing the adoption of cryogenic freezers, enabling better shelf life and maintaining the integrity of perishable goods.
Opportunities in this market are abundant, particularly in the realm of technological advancements.Innovations in automation and smart technologies are enabling more efficient and precise freezing processes. The integration of IoT-enabled solutions allows for real-time monitoring of freezer performance, ultimately enhancing operational efficiency. These developments present an avenue for manufacturers to explore newer models that cater to a more tech-savvy customer base, driving sales and improving customer satisfaction. Recent trends indicate a noticeable shift towards sustainable practices within the US Cryogenic Freezers Market.
With increasing awareness of environmental concerns, companies are focusing on developing eco-friendly refrigeration methods and using sustainable materials in their manufacturing processes.Additionally, partnerships and collaborations among healthcare providers and technology firms are on the rise, fostering research and development activities that aim to improve the efficacy of cryogenic storage solutions. Overall, the US Cryogenic Freezers Market shows a robust trajectory, characterized by innovation, diversification, and a focus on sustainability.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The expansion of the biotechnology sector in the United States is a significant driver for the US Cryogenic Freezers Market Industry. According to the Biotechnology Innovation Organization, the U.S. biotechnology industry alone generated approximately USD 181 billion in revenue in 2020, representing the ongoing growth and a substantial need for cryogenic storage solutions to maintain biological samples, vaccines, and pharmaceuticals at optimal temperatures.This need is further amplified by the increasing focus on Research and Development activities aimed at innovative therapies and medicines.
Therefore, as biotechnology firms scale, their requirements for sophisticated cryogenic freezers that ensure the stability and longevity of sensitive materials are expected to surge. This surge not only pushes sales of cryogenic freezers but also encourages manufacturers to innovate their offerings, leading to a robust future outlook for the US Cryogenic Freezers Market.
The increasing focus on stem cell research in the United States is another key driver for the US Cryogenic Freezers Market Industry. With initiatives like the National Institutes of Health funding various studies in the stem cell domain, the demand for cryogenic storage solutions is intensely growing. The need to preserve stem cells, which can be used in regenerative medicine and cell therapy, necessitates reliable and efficient cryogenic freezer systems.As per recent statistics, the stem cell research market is expected to reach USD 150 billion by 2030. This robust growth means an increased demand for cryogenic freezers; as a result, manufacturers are motivated to enhance their product lines for this specialized segment of research.
The COVID-19 pandemic has significantly accelerated the development and distribution of vaccines, further boosting the US Cryogenic Freezers Market Industry. With mRNA vaccines requiring specific storage conditions, the demand for cryogenic freezers accommodating ultra-low temperatures has skyrocketed. The U.S. government-backed Operation Warp Speed has led to the rapid development and distribution of vaccines, generating a substantial need for advanced cryogenic storage facilities.Recent data indicates that the COVID-19 response saw an investment of approximately USD 12.4 billion towards vaccine development, which necessitates effective refrigeration solutions. A sustained emphasis on vaccine preparation and distribution will undoubtedly perpetuate a favorable growth environment for cryogenic freezers, indicating a long-term trend in this market.
The US Cryogenic Freezers Market demonstrates significant diversity in its Product Type segmentation, which includes Tunnel Freezers, IQF Freezers, Immersion Freezers, Spiral Freezers, and Other types. Among these, Tunnel Freezers are particularly essential as they offer an efficient means of freezing large volumes of food products rapidly, thereby preserving the quality and nutritional value of perishable items. This method is widely used in commercial food processing due to its high throughput capabilities and reliability.
Spiral Freezers have also gained traction in the market due to their space-saving design and continuous operation capabilities, making them ideal for facilities with limited floor space. They provide uniform freezing while allowing for high production volume, thereby enhancing efficiency in food production and processing lines. Additionally, the 'Others' category includes a variety of less common freezing technologies that cater to specific industry needs, thus adding to the overall flexibility and resilience of the US Cryogenic Freezers Market. As businesses continue to seek innovative ways to enhance production efficiency and comply with health standards, these diverse product types provide various solutions to meet changing market demands. The growing trend of frozen foods in the US, propelled by consumer preferences for convenience and longer shelf life, further fuels the growth of these product types. Additionally, the rise in the pharmaceutical and biotechnology industries necessitates advanced freezing technologies to preserve biological samples and medical products, representing a promising opportunity for continual market advancement.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
The Application segment within the US Cryogenic Freezers Market encompasses a diverse range of sectors, notably Corporate Laboratories, Hospitals and Blood Centers, Universities and Research Institutions, and others. Corporate Laboratories rely on cryogenic freezers for the preservation of biological samples and materials crucial for Research and Development activities, ensuring that vital experiments continue without the loss of integrity across various fields including pharmaceuticals and biotechnology.
Overall, the growth in these sectors supports the expansion of the US Cryogenic Freezers Market landscape, driven by increasing demand for reliable and efficient cold storage solutions.Each sector not only highlights the functional importance of cryogenic freezers but also emphasizes their critical role in advancing science and healthcare in the US.
The US Cryogenic Freezers Market reflects significant growth across various end-user sectors, highlighting the integral role of these technologies in preserving perishable materials. In the Food and Beverages sector, cryogenic freezers facilitate rapid freezing processes, ensuring optimal texture and quality, which is crucial for maintaining freshness and extending shelf life. The Medical and Healthcare domain also showcases a strong reliance on cryogenic freezers for the storage of biological samples and medical supplies, ensuring that sensitive materials remain viable for surgical procedures and research.
Together, these segments demonstrate the diverse utility of cryogenic freezers in the US, addressing evolving demands for quality assurance, safety, and innovation across multiple fields.
The competitive landscape of the US Cryogenic Freezers Market is characterized by several key players striving to gain market share by innovating and expanding their product offerings. Companies in this sector are focused on technological advancements, enhancing efficiency, and ensuring reliability in their cryogenic storage solutions. The market dynamics are shaped by factors such as the rising demand for biobanking, pharmaceutical research, and life sciences applications, which require efficient cold storage solutions. Manufacturers are working to improve energy efficiency, safety, and user-friendliness of cryogenic freezers, leading to a multitude of options for consumers. Keeping abreast of competitors' strategies, pricing, and technological innovations is essential for stakeholders looking to establish a strong foothold in this market.
MVE Biological Solutions has established a significant presence in the US Cryogenic Freezers Market through its commitment to high-quality products and exceptional customer service. The company is renowned for its innovative cryogenic freezer designs that cater to the specific needs of various sectors, including research institutions and pharmaceutical companies. MVE Biological Solutions leverages its strong brand recognition and extensive distribution network to ensure that customers have access to reliable and efficient cryogenic solutions. The company’s strengths lie in its focus on research and development, allowing it to remain at the forefront of cryogenic technology, which is critical for meeting the increasing demands in the market. Its emphasis on strong customer relationships and tailored solutions further enhances its position amongst competitors.
Labconco is another prominent player in the US Cryogenic Freezers Market, offering a comprehensive portfolio of products designed to meet the needs of laboratories and research facilities. The company specializes in providing high-performance cryogenic freezers that are known for their reliability and efficiency, making them ideal for applications requiring stringent temperature control. Labconco has a solid market presence, bolstered by its commitment to innovation and customer satisfaction. Its strengths include an extensive range of cryogenic storage solutions, coupled with advanced technological features for optimal performance. In addition to its product offerings, Labconco is known for its strategic partnerships and collaborations that enhance its competitive edge, ensuring it stays ahead in the rapidly evolving market. The company continually invests in research and development to introduce advanced technologies while also considering advantageous mergers and acquisitions to further strengthen its market position in the US region.
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.
| Report Attribute/Metric Source: | Details |
| MARKET SIZE 2018 | 293.81(USD Million) |
| MARKET SIZE 2024 | 311.15(USD Million) |
| MARKET SIZE 2035 | 712.7(USD Million) |
| COMPOUND ANNUAL GROWTH RATE (CAGR) | 7.826% (2025 - 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 | MVE Biological Solutions, Labconco, Helmer Scientific, Coolerado, SANYO Electric, BINDER, Chart Industries, VWR International, Thermo Fisher Scientific, Eppendorf, Fisher Scientific, Panasonic, Memmert, Cryoport |
| SEGMENTS COVERED | Product Type, Application, End-User |
| KEY MARKET OPPORTUNITIES | Increasing demand in pharmaceuticals, Growth in biotechnology sector, Expansion of food preservation applications, Rising interest in space research, Advancements in cryogenic technology |
| KEY MARKET DYNAMICS | rising biotechnology sector, increasing demand for biopreservation, advancements in cryogenic technology, stringent regulatory standards, growing investment in research facilities |
| COUNTRIES COVERED | US |
Frequently Asked Questions (FAQ) :
The US Cryogenic Freezers Market is expected to be valued at 311.15 million USD in 2024.
By 2035, the US Cryogenic Freezers Market is projected to reach a value of 712.7 million USD.
The expected CAGR for the US Cryogenic Freezers Market from 2025 to 2035 is 7.826%.
The IQF Freezer is expected to dominate the market with a value of 85.0 million USD in 2024.
The Tunnel Freezer segment is expected to be valued at 160.0 million USD by 2035.
Major players include MVE Biological Solutions, Labconco, Helmer Scientific, and Thermo Fisher Scientific.
The Immersion Freezer segment is expected to reach a value of 115.0 million USD by 2035.
The Others segment is projected to be valued at 167.7 million USD by 2035.
The Spiral Freezer segment is valued at 30.0 million USD in 2024.
Key growth drivers include increasing demand for cryogenic preservation in healthcare and research.
Leading companies partner with us for data-driven Insights.
Kindly complete the form below to receive a free sample of this Report
Assistant Manager He holds an experience of about 7+ years in market research and business consulting, working under the spectrum of life sciences and healthcare domains. rahul conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. his expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc. in addition to the above, his other responsibility includes strategic tracking of high growth markets & advising clients on the potential areas of focus they could direct their business initiatives
Get in Touch
© 2025 Market Research Future ® (Part of WantStats Reasearch And Media Pvt. Ltd.)
