South & Central America Cryopreservation Equipment Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Freezers, Sample Preparation Systems, and Accessories), Cryogen Type (Liquid Nitrogen, Oxygen, Liquid Helium, Argon, and Others), Application (Cord Blood Stem Cells, Sperms, Semen, & Testicular Tissues, Embryos & Oocytes, Cell & Gene Therapies, and Others), and End User (Stem Cell Banks, Biotechnology & Pharmaceutical Organizations, Stem Cell Research Laboratories, and Others)
The cryopreservation equipment market in South & Central America is expected to grow from US$ 342.64 million in 2022 to US$ 626.99 million by 2028; it is estimated to grow at a CAGR of 10.6% from 2021 to 2028.
Brazil is expected to have a major market share in this region. Also, it is projected to grow with the highest growth rate. Developing healthcare facilities, rising demand for In Vitro Fertilization (IVF) procedures and growing demand for regenerative medicines are expected to witness rapid growth in the cryopreservation equipment market. Brazil is the fifth largest country globally in the world by area and population and experiencing the fastest demographic aging, which is expected to serve wider growth opportunities for market growth. Brazil's government and healthcare authorities are implementing constructive strategies to increase the country's awareness and exposure to stem cell therapies. Moreover, to provide international exposure, the authorities focus on conducting clinical trials in the country. Similar to Brazil, Argentina is also the largest country in the region. The country has a vital role to play in the cryopreservation equipment market. In August 2018, the international society for stem cell application (ISSCA) conducted a regenerative medicine symposium in Argentina. This event aimed to share the research information, applications, regulations, commercialization, and business opportunities in Argentina and the global market. Some prominent countries contributing to the growth of the cryopreservation equipment market include Chile, Colombia, Peru, and Bolivia. The cryopreservation equipment market is influenced by factors such as the increasing demand for In Vitro Fertilization (IVF) procedures. However, it is accessible only to a few couples with the economic capacity to cover out-of-pocket funding. Thus, the above factors are likely to increase the demand for cryopreservation equipment in South & Central America.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the South & Central America cryopreservation equipment market. The South & Central America cryopreservation equipment market is expected to grow at a good CAGR during the forecast period.
South & Central America Cryopreservation Equipment Market Revenue and Forecast to 2028 (US$ Million)
South & Central America Cryopreservation Equipment Market Segmentation
South & Central America cryopreservation equipment market is segmented into type, cryogen type, application, end user, and country. By type, the cryopreservation equipment market is segmented into freezers, sample preparation systems, and accessories. The freezers segment is expected to lead the market in 2022. South & Central America cryopreservation equipment market based on the cryogen type is segmented into liquid nitrogen, oxygen, liquid helium, argon, and others. In 2022, the liquid nitrogen segment is likely to hold the largest share of the market. The South & Central America cryopreservation equipment market by application, is segmented into cord blood stem cells, sperms, semen & testicular tissues, embryos and oocytes, cell and gene therapies, and others. The cord blood stem cells segment is likely to hold the largest share of the market in 2022. The South & Central America cryopreservation equipment market by end user, is segmented into stem cell banks, biotechnology and pharmaceuticals organizations, stem cell research laboratories, and others. The biotechnology and pharmaceuticals organizations segment are likely to hold the largest share of the market in 2022. On the basis of country, the market is further segmented into Brazil, Argentina, and the Rest of South & Central America. South Africa is expected to hold the largest share of the market in 2022.
Antech Group Inc.; Avantor, Inc.; BioLife Solutions; Brooks Automation, Inc; Cryoport Systems, LLC.; Danaher Corporation; Hamilton Company; PHC Holdings Corporation; Thermo Fisher Scientific Inc.; and ZhongkeMeiling Cryogenics Company Limited are among the leading companies in the South & Central America cryopreservation equipment market.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 SAM Cryopreservation Equipment Market – By Type
1.3.2 SAM Cryopreservation Equipment Market – By Cryogen Type
1.3.3 SAM Cryopreservation Equipment Market – By Application
1.3.4 SAM Cryopreservation Equipment Market – By End User
1.3.5 SAM Cryopreservation Equipment Market – By Country
2. SAM Cryopreservation Equipment Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. SAM Cryopreservation Equipment Market – Market Landscape
4.1 Overview
4.2 SAM PEST Analysis
4.3 Expert Opinion
5. SAM Cryopreservation Equipment Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Adoption of Regenerative Medicine
5.1.2 Growing Importance of Biobanking Practices
5.2 Market Restraints
5.2.1 Strict Regulatory Requirements
5.3 Market Opportunities
5.3.1 Significant Role of Cryopreservation for Success of Cell-Based Therapies
5.4 Future Trends
5.4.1 Visible Importance of 3D Printing for Sensing and Monitoring in Cryobiology Applications
5.5 Impact Analysis
6. Cryopreservation Equipment Market– SAM Analysis
6.1 SAM Cryopreservation Equipment Market Revenue Forecast and Analysis
6.2 SAM Cryopreservation Equipment Market, By Revenue- Forecast and Analysis to 2028
7. SAM Cryopreservation Equipment Market Revenue and Forecasts To 2028– by Type
7.1 Overview
7.2 SAM Cryopreservation Equipment Market Revenue Share, by Type (2021 and 2028)
7.3 Freezers
7.3.1 Overview
7.3.2 Freezers: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Sample Preparation Systems
7.4.1 Overview
7.4.2 Sample Preparation Systems: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Accessories
7.5.1 Overview
7.5.2 Accessories: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
7.5.3 Freezer Boxes
7.5.3.1 Overview
7.5.3.2 Freezer Boxes: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
7.5.4 Freezer Racks
7.5.4.1 Overview
7.5.4.2 Freezer Racks: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
7.5.5 Cryopreservation Vials
7.5.5.1 Overview
7.5.5.2 Cryopreservation Vials: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
7.5.6 Others
7.5.6.1 Overview
7.5.6.2 Others: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
8. SAM Cryopreservation Equipment Market Revenue and Forecasts To 2028 – Cryogen Type
8.1 Overview
8.2 SAM Cryopreservation Equipment Market, by Cryogen Type 2022 & 2028 (%)
8.3 Liquid Nitrogen
8.3.1 Overview
8.3.2 Liquid Nitrogen: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Oxygen
8.4.1 Overview
8.4.2 Oxygen: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Liquid Helium
8.5.1 Overview
8.5.2 Liquid Helium: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Argon
8.6.1 Overview
8.6.2 Argon: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
9. SAM Cryopreservation Equipment Market Revenue and Forecasts To 2028 – Application
9.1 Overview
9.2 SAM Cryopreservation Equipment Market Revenue Share, by Application (2022 and 2028)
9.3 Cord Blood Stem Cells
9.3.1 Overview
9.3.2 Cord Blood Stem Cells: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Sperms, Semen and Testicular Tissues
9.4.1 Overview
9.4.2 Sperms Semen and Testicular Tissues: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Embryos and Oocytes
9.5.1 Overview
9.5.2 Embryos and Oocytes: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Cell and Gene Therapies
9.6.1 Overview
9.6.2 Cell and Gene Therapies: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
10. SAM Cryopreservation Equipment Market Revenue and Forecasts To 2028 – End User
10.1 Overview
10.2 SAM Cryopreservation Equipment Market Revenue Share, by End User (2021 and 2028)
10.3 Stem Cell Banks
10.3.1 Overview
10.3.2 Stem Cell Banks: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
10.4 Biotechnology and Pharmaceutical Organizations
10.4.1 Overview
10.4.2 Biotechnology and Pharmaceutical Organizations: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
10.5 Stem Cell Research Laboratories
10.5.1 Overview
10.5.2 Stem Cell Research Laboratories: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
11. SAM Cryopreservation Equipment Market Revenue and Forecasts to 2028 – Country Analysis
11.1 Overview
11.1.1 SAM: Cryopreservation Equipment Market, by Country, 2022 & 2028 (%)
11.1.1.1 Brazil: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (USD Million)
11.1.1.1.1 Brazil: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (USD Million)
11.1.1.1.2 Brazil: Cryopreservation Equipment Market, by Type, 2019–2028 (USD Million)
11.1.1.1.2.1 Brazil: Cryopreservation Equipment Market, by Accessories, 2019–2028 (USD Million)
11.1.1.1.3 Brazil: Cryopreservation Equipment Market, by Cryogen Type, 2019–2028 (USD Million)
11.1.1.1.4 Brazil: Cryopreservation Equipment Market, by Application, 2019–2028 (USD Million)
11.1.1.1.5 Brazil: Cryopreservation Equipment Market, End User, 2019–2028 (USD Million)
11.1.1.2 Argentina: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (USD Million)
11.1.1.2.1 Argentina: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (USD Million)
11.1.1.2.2 Argentina: Cryopreservation Equipment Market, by Type, 2019–2028 (USD Million)
11.1.1.2.2.1 Argentina: Cryopreservation Equipment Market, by Accessories, 2019–2028 (USD Million)
11.1.1.2.3 Argentina: Cryopreservation Equipment Market, by Cryogen Type, 2019–2028 (USD Million)
11.1.1.2.4 Argentina: Cryopreservation Equipment Market, by Application, 2019–2028 (USD Million)
11.1.1.2.5 Argentina: Cryopreservation Equipment Market, End User, 2019–2028 (USD Million)
11.1.1.3 Colombia: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (USD Million)
11.1.1.3.1 Colombia: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (USD Million)
11.1.1.3.2 Colombia: Cryopreservation Equipment Market, by Type, 2019–2028 (USD Million)
11.1.1.3.2.1 Colombia: Cryopreservation Equipment Market, by Accessories, 2019–2028 (USD Million)
11.1.1.3.3 Colombia: Cryopreservation Equipment Market, by Cryogen Type, 2019–2028 (USD Million)
11.1.1.3.4 Colombia: Cryopreservation Equipment Market, by Application, 2019–2028 (USD Million)
11.1.1.3.5 Colombia: Cryopreservation Equipment Market, End User, 2019–2028 (USD Million)
11.1.1.4 Rest of SAM: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (USD Million)
11.1.1.4.1 Rest of SAM: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (USD Million)
11.1.1.4.2 Rest of SAM: Cryopreservation Equipment Market, by Type, 2019–2028 (USD Million)
11.1.1.4.2.1 Rest of SAM: Cryopreservation Equipment Market, by Accessories, 2019–2028 (USD Million)
11.1.1.4.3 Rest of SAM: Cryopreservation Equipment Market, by Cryogen Type, 2019–2028 (USD Million)
11.1.1.4.4 Rest of SAM: Cryopreservation Equipment Market, by Application, 2019–2028 (USD Million)
11.1.1.4.5 Rest of SAM: Cryopreservation Equipment Market, End User, 2019–2028 (USD Million)
12. Cryopreservation Equipment Market–Industry Landscape
12.1 Overview
12.2 Growth Strategies Done by the Companies in the Market, (%)
12.3 Organic Developments
12.3.1 Overview
12.4 Inorganic Developments
12.4.1 Overview
13. Company Profiles
13.1 THERMO FISHER SCIENTIFIC INC.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Brooks Automation, Inc
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Avantor, Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Hamilton Company
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 PHC Holdings Corporation
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Cryoport Systems, LLC.
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Antech Group Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 BioLife Solutions
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 ZhongkeMeiling Cryogenics Company Limited
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Danaher
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Glossary of Terms
LIST OF TABLES
Table 1. Brazil: Cryopreservation Equipment Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 2. Brazil: Cryopreservation Equipment Market, by Accessories– Revenue and Forecast to 2028 (USD Million)
Table 3. Brazil: Cryopreservation Equipment Market, by Cryogen Type – Revenue and Forecast to 2028 (USD Million)
Table 4. Brazil: Cryopreservation Equipment Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 5. Brazil: Cryopreservation Equipment Market, End User – Revenue and Forecast to 2028 (USD Million)
Table 6. Argentina: Cryopreservation Equipment Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 7. Argentina: Cryopreservation Equipment Market, by Accessories– Revenue and Forecast to 2028 (USD Million)
Table 8. Argentina: Cryopreservation Equipment Market, by Cryogen Type – Revenue and Forecast to 2028 (USD Million)
Table 9. Argentina: Cryopreservation Equipment Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 10. Argentina: Cryopreservation Equipment Market, End User – Revenue and Forecast to 2028 (USD Million)
Table 11. Colombia: Cryopreservation Equipment Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 12. Colombia: Cryopreservation Equipment Market, by Accessories– Revenue and Forecast to 2028 (USD Million)
Table 13. Colombia: Cryopreservation Equipment Market, by Cryogen Type – Revenue and Forecast to 2028 (USD Million)
Table 14. Colombia: Cryopreservation Equipment Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 15. Colombia: Cryopreservation Equipment Market, End User – Revenue and Forecast to 2028 (USD Million)
Table 16. Rest of SAM: Cryopreservation Equipment Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 17. Rest of SAM: Cryopreservation Equipment Market, by Accessories– Revenue and Forecast to 2028 (USD Million)
Table 18. Rest of SAM: Cryopreservation Equipment Market, by Cryogen Type – Revenue and Forecast to 2028 (USD Million)
Table 19. Rest of SAM: Cryopreservation Equipment Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 20. Rest of SAM: Cryopreservation Equipment Market, End User – Revenue and Forecast to 2028 (USD Million)
Table 21. Organic Developments Done by Companies
Table 22. Inorganic Developments Done by Companies
Table 23. Glossary of Terms
LIST OF FIGURES
Figure 1. SAM Cryopreservation Equipment Market Segmentation
Figure 2. SAM Cryopreservation Equipment Market Segmentation, By Country
Figure 3. SAM Cryopreservation Equipment Market Overview
Figure 4. Freezers Segment Held Largest Share by Type in SAM Cryopreservation Equipment Market
Figure 5. Brazil Is Expected to Show Remarkable Growth During the Forecast Period
Figure 7. SAM: PEST Analysis
Figure 8. SAM Cryopreservation Equipment Market Impact Analysis of Drivers and Restraints
Figure 9. SAM Cryopreservation Equipment Market, By Revenue - Forecast and Analysis to 2028
Figure 10. SAM Cryopreservation Equipment Market Revenue Share, by Type (2021 and 2028)
Figure 11. SAM Freezers: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. SAM Sample Preparation Systems: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 13. SAM Accessories: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. SAM Freezer Boxes: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. SAM Freezer Racks: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. SAM Cryopreservation Vials: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. SAM Others: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 18. SAM Cryopreservation Equipment Market, by Cryogen Type 2022 & 2028 (%)
Figure 19. SAM Liquid Nitrogen: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. SAM Oxygen: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. SAM Liquid Helium: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. SAM Argon: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. SAM Others: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. SAM Cryopreservation Equipment Market Revenue Share, by Application (2022 and 2028)
Figure 25. SAM Cord Blood Stem Cells: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. SAM Sperms Semen and Testicular Tissues: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. SAM Embryos and Oocytes: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. SAM Cell and Gene Therapies: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. SAM Others: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. SAM Cryopreservation Equipment Market Revenue Share, by End User (2021 and 2028)
Figure 31. SAM Stem Cell Banks: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. SAM Biotechnology and Pharmaceutical Organizations: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 33. SAM Stem Cell Research Laboratories: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 34. SAM Others: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (US$ Million)
Figure 35. SAM: Cryopreservation Equipment Market, by Key Country – Revenue (2021) (USD Million)
Figure 36. SAM: Cryopreservation Equipment Market, by Country, 2022 & 2028 (%)
Figure 37. Brazil: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (USD Million)
Figure 38. Argentina: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (USD Million)
Figure 39. Colombia: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (USD Million)
Figure 40. Rest of SAM: Cryopreservation Equipment Market – Revenue and Forecast to 2028 (USD Million)
Figure 41. Growth Strategies Done by the Companies in the Market, (%)
- Antech Group Inc.
- Avantor, Inc.
- BioLife Solutions
- Brooks Automation, Inc
- Cryoport Systems, LLC.
- Danaher Corporation
- Hamilton Company
- PHC Holdings Corporation
- Thermo Fisher Scientific Inc.
- ZhongkeMeiling Cryogenics Company Limited
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South and Central America cryopreservation equipment market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the South and Central America cryopreservation equipment market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth South and Central America market trends and outlook coupled with the factors driving the cryopreservation equipment market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.