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NEW YORK , Nov. 3, 2022 /PRNewswire/ -- The Cryogenic Vials Market share is expected to increase by USD 66.16 million from 2022 to 2027, with an accelerated CAGR of 5.38% - according to the recent market study by Technavio. This report also offers a 5-year historic (2017-2021) data projection of market size, segment, and region. The Y-O-Y growth rate of the Cryogenic Vials Market is estimated at 4.83% as of 2023. Moreover, the market is fragmented. Our analysts have conducted an internal and external analysis of vendors to help companies understand the wider business environment as well as the strength and weaknesses of key market players. Our report also forecasts the Bargaining Power of Buyers & Suppliers and the Threat of New Entrants & Rivalry ranging between LOW-HIGH during the forecast period. 8-Strip PCR Tube

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The Cryogenic Vials Market Report Also Offers Information on the Criticality of Inputs, R&D, Capex, Technology, Labor, and Brand of 20 Vendors Listed Below –

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Chart & Data Table on 5-Year Historic (2017-2021) Market Size, Comparison and Y-O-Y Growth of Cryogenic Vials Industry Segment

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Increasing Adoption of Cryopreservation Procedures is Notably Driving the Cryogenic Vials Market Growth

The cryopreservation procedure uses ultra-low temperatures to preserve biological samples. The adoption of this procedure is increasing significantly for various applications, such as the preservation of cells and organs, cryosurgery, molecular biology and biochemistry, food sciences, and medical applications, among others. Cryogenic vials are important in cryopreservation procedures, as they are highly efficient in maintaining optimum storage conditions and sufficient retrieval of biological materials. Thus, the demand for cryogenic vials is increasing, with the rise in cryopreservation procedures.

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Chart & Data Table on Historic Market Size (2017-2021), Comparison and Y-O-Y Growth of 11 Countries of Cryogenic Vials Industry

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Cryogenic Freezers Market by End-user and Geography - Forecast and Analysis 2022-2026 – The market share is expected to increase by USD 131.52 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 7.18%. Furthermore, this report extensively covers market segmentation by end-user (hospitals and blood centers, biotechnology companies, academic and research institutions, and others) and geography (North America , Europe , Asia , and the Rest of the World (ROW)).  To get more exclusive research insights: VIEW SUMMARY OF THE REPORT FOR MORE 

Cryostat Market by End-user and Geography - Forecast and Analysis 2022-2026 – The market share is expected to increase by USD 861.81 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.33%. The growing medical research is one of the key factors driving the market growth. To get more exclusive research insights: VIEW SUMMARY OF THE REPORT FOR MORE

Accelerate at a CAGR of 5.38%

North America, Europe, Asia, and ROW

US, Germany, UK, France, and Japan

Leading companies, competitive strategies, consumer engagement scope

Abdos Labtech Pvt. Ltd., AHN Biotechnologie GmbH, Avantor Inc., Azer Scientific Inc., Biologix Group Ltd., Brooks Automation Inc., Cole Parmer Instrument Co. LLC, Corning Inc., DWK Life Sciences GmbH, EZ BioResearch LLC, LVL Technologies GmbH & Co. KG, Merck KGaA, Narang Medical Ltd., Pioneer Impex, SARSTEDT AG & Co. KG, Starlab International GMBH, Sumitomo Bakelite Co. Ltd., Thermo Fisher Scientific Inc., Wuxi NEST Biotechnology Co. Ltd., and Ziath Ltd.

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.

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About Us Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contact Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: [email protected] Website: www.technavio.com/

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