The global market for cryopreservation bags and freezing bags market is expected to reach USD 316 million in 2035 anticipated to grow at a CAGR of 8% during the forecast period 2023-2035.

Cryopreservation stands as a pivotal technique in preserving biological materials at ultra-low temperatures for extended durations while conserving cell structures. Its versatile utility spans storing various elements like cells, tissues, blood, and DNA, making it crucial in the biopharmaceutical industry. Notably evolving since the 1980s, cryopreservation methods have significantly improved, especially in storing vital stem cells such as hematopoietic and embryonic stem cells. These cells play essential roles in medical fields like regenerative medicine and biobanking. The rising demand for reliable storage vessels ensuring quality, viability, stability, and integrity of preserved samples has driven the prominence of cryopreservation bags, also known as cryobags. These specialized vessels are preferred for their safety and reliability in storage. Their importance lies in enabling quick access to essential components crucial for cellular and genetic therapies, as well as in diagnostic and drug development research.

Consequently, driven by technological advancements, increasing global morbidity rates, and the rising demand for Advanced Therapeutic Medicinal Products (ATMPs), the cryopreservation bags market and freezing bags market are expected to undergo substantial growth in the forecasted period.

Report Coverage

  • The report conducts an examination of the cryopreservation bags and freezing bags market, categorized by the type of substances stored and prominent geographical regions.
  • It systematically analyzes factors impacting market growth, encompassing drivers, restraints, opportunities, and challenges.
  • Assessment is made regarding potential advantages and barriers within the market, providing insights into the competitive landscape for leading market players.
  • Revenue forecasting is performed for market segments across five major regions.
  • Insights derived from rigorous research present a comprehensive perspective on the current state and projected evolution of the cryopreservation bags and freezing bags market within the forecast period.
  • An overview highlights the significance of cryopreservation/freezing bags in the healthcare sector, delineating various types of substances stored within them. This section accentuates the bags’ advantages and limitations while concluding with discussions on future prospects in this domain.
  • A detailed assessment of the overall market landscape for cryopreservation and freezing bags considers key parameters such as stored substance types (biologics, blood, cell cultures, tissues), storage temperatures (cryogenic, frozen, ambient), application areas (storage, shipping), and packaging layer types (single and double packaging).
  • An in-depth analysis is conducted on existing companies providing cryopreservation and freezing bags, evaluating parameters such as establishment year, company size (employee count), headquarters location, stored substance types, and product range.
  • A comprehensive competitive analysis is performed on cryopreservation and freezing bags offered by various players across different regions (North America, Europe, Asia-Pacific, Rest of the World). This analysis assesses supplier strength (experience, company size), product competitiveness (substance type, application area, nominal volume range), and product variability.
  • Detailed profiles are created for key manufacturers meeting specific criteria (companies offering more than two products and established before 2011) providing cryopreservation and freezing bags for diverse substance storage purposes. Each profile encompasses a company overview, financial details (if available), product portfolio, recent developments, and forward-looking outlook. Additionally, concise profiles for nine bag providers should be included.
  • A comprehensive analysis is conducted to showcase market concentration among industry stakeholders across various regions. Factors considered include industry experience, company size, product range, and stored substance types.