“Cryostat Global Market Report 2023 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on cryostat market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for cryostat ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The cryostat market global report ” from The Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
- 1) By Type: Closed-Cycle Cryostats; Continuous-Flow Cryostats; Bath Cryostats; Multistage Cryostats
- 2) By System Component: Dewars; Transfer Tubes; Gas Flow Pumps; Temperature Controllers; High Vacuum Pumps; Microtone Bladed
- 3) By Cryogen: Helium; Nitrogen
- 4) By End-Use Industry: Healthcare; Energy and Power; Aerospace; Metallurgy; Biotechnology; Forensic Science; Marine Biology
- Companies Mentioned: Advanced Research Systems Inc; Lake Shore Cryotronics Inc; Cryomech Inc; Dakewe Biotech Co Ltd; Epredia
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery format: PDF, Word and Excel Data Dashboard.
Executive Summary
Major players in the cryostat market are Advanced Research Systems Inc., Lake Shore Cryotronics Inc., Cryomech Inc., Dakewe Biotech Co Ltd., Epredia, Hacker Instruments & Industries Inc., Histo-Line Laboratories Srl, Jinhua YIDI Medical Appliance Co Ltd., SLEE Medical GmbH, Leica Biosystems, Lupetec Technologies, Medimeas Instruments, MEDITE Medical GmbH, SM Scientific Instruments Pvt Ltd., Boeckeler Instruments Inc., Bright Instruments Ltd., Precision Cryogenics Systems Inc., Atico Medical Pvt Ltd., Attocube Systems AG, Mirion Technologies Inc., Biobase Biodusty Co Ltd., AMETEK Scientific Instruments, and Cryofab Inc.
The global cryostat market is expected to grow from $2.34 billion in 2022 to $2.48 billion in 2023 at a compound annual growth rate (CAGR) of 5.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The cryostat market is expected to reach $3.07 billion in 2027 at a CAGR of 5.4%.
The cryostat market consists of sales of single compressor, double compressor, rotary cryostat, and motorized cryostat. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods. The cryostat market is segmented into single compressor, double compressor, rotary cryostat and other cryostats.
A cryostat is a medical equipment that keeps tissue sections at a constant low temperature and slices them into thin slices for microscopic examination, allowing for the diagnosis of numerous diseases and ailments. It is used to preserve the frozen tissue samples.
North America was the largest region in the cryostat market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the cryostat report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The major types of cryostats are closed-cycle cryostats, continuous-flow cryostats, bath cryostats, and multistage cryostats. Closed-cycle cryostats refer to helium-free cryostats that allow a system to cool down to liquid helium temperatures without using any cryogens. The system components are dewars, transfer tubes, gas flow pumps, temperature controllers, high vacuum pumps, and microtone blades in various cryogens, including helium and nitrogen. it is used by industries involving healthcare, energy and power, aeronautics, metallurgy, biotechnology, forensic science, and marine biology.
The rising prevalence of neuromuscular diseases is expected to propel the cryostat market going forward. Neuromuscular diseases refer to conditions that involve injury or dysfunction of the peripheral nervous system. Progressive muscle weakness is one of the predominant problems with these disorders. The cryostat is used to offer a rapid diagnosis for a number of illnesses and medical disorders that include neuromuscular illnesses, so rising rates of neuromuscular diseases increase demand for the cryostat market. For instance, according to The State of Musculoskeletal Health 2021 report, published by Versus Arthritis, a UK-based charity dedicated to supporting people with arthritis, there are over 20 million people in the UK suffering from musculoskeletal disorders such as arthritis. One in three people, with half of those living in pain every day. Therefore, the rising prevalence of neuromuscular diseases is driving the growth of the cryostat market.
Technological advancements are a key trend gaining popularity in the cryostat market. Major companies operating in the cryostat market are focused on developing new technological solutions to strengthen their position. For instance, in September 2021, Montana Instruments, a US-based developer of cryogenic equipment, introduced "CryoAdvance," the world's first high-precision, fully automated, closed-cycle optical cryostat with a touchscreen user interface and intuitive control technology. The product is specially designed for variable temperature environments, has a low vibration level, a fully integrated control architecture, and is fully configurable for quick and high-quality experimental results. With all the control electronics and vacuum pumps, the cryostat can automate temperature control across the entire range.
In August 2020, Lake Shore Cryotronics, a US-based provider of cryogenic temperature and magnetic solutions, acquired Janis Research Laboratory Cryogenics business for an undisclosed amount. Through this acquisition, the combined resources of Lake Sore and Janis expand and strengthen the application expertise and product portfolio in the cryogenic market. With the acquisition, Lake Shore is expected to offer a complete portfolio of product solutions that includes cryogenic research equipment. Janis Research is a US-based manufacturer and provider of cryogenic systems for all research applications.
The countries covered in the cryostat market report are: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
The cryostats market research report is one of a series of new reports from The Business Research Company that provides cryostats optical components market statistics, including cryostats optical components industry global market size, regional shares, competitors with a cryostats optical components market share, detailed cryostats optical components market segments, market trends and opportunities, and any further data you may need to thrive in the cryostats optical components industry. This cryostats optical components market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
Table of Contents
1. Executive Summary
2. Cryostat Market Characteristics
3. Cryostat Market Trends And Strategies
4. Cryostat Market - Macro Economic Scenario
- 4.1. COVID-19 Impact On Cryostat Market
- 4.2. Ukraine-Russia War Impact On Cryostat Market
- 4.3. Impact Of High Inflation On Cryostat Market
5. Cryostat Market Size And Growth
- 5.1. Global Cryostat Historic Market, 2017-2022, $ Billion
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints On The Market
- 5.2. Global Cryostat Forecast Market, 2022-2027F, 2032F, $ Billion
- 5.2.1. Drivers Of The Market
- 5.2.2. Restraints On the Market
6. Cryostat Market Segmentation
- 6.1. Global Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Closed-Cycle Cryostats
- Continuous-Flow Cryostats
- Bath Cryostats
- Multistage Cryostats
- 6.2. Global Cryostat Market, Segmentation By System Component, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Dewars
- Transfer Tubes
- Gas Flow Pumps
- Temperature Controllers
- High Vacuum Pumps
- Microtone Bladed
- 6.3. Global Cryostat Market, Segmentation By Cryogen, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Helium
- Nitrogen
- 6.4. Global Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Healthcare
- Energy and Power
- Aerospace
- Metallurgy
- Biotechnology
- Forensic Science
- Marine Biology
7. Cryostat Market Regional And Country Analysis
- 7.1. Global Cryostat Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 7.2. Global Cryostat Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
8. Asia-Pacific Cryostat Market
- 8.1. Asia-Pacific Cryostat Market Overview
- Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
- 8.2. Asia-Pacific Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 8.3. Asia-Pacific Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
9. China Cryostat Market
- 9.1. China Cryostat Market Overview
- 9.2. China Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
- 9.3. China Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion
10. India Cryostat Market
- 10.1. India Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 10.2. India Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
11. Japan Cryostat Market
- 11.1. Japan Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 11.2. Japan Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
12. Australia Cryostat Market
- 12.1. Australia Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 12.2. Australia Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
13. Indonesia Cryostat Market
- 13.1. Indonesia Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 13.2. Indonesia Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
14. South Korea Cryostat Market
- 14.1. South Korea Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 14.2. South Korea Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
15. Western Europe Cryostat Market
- 15.1. Western Europe Cryostat Market Overview
- 15.2. Western Europe Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 15.3. Western Europe Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
16. UK Cryostat Market
- 16.1. UK Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 16.2. UK Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
17. Germany Cryostat Market
- 17.1. Germany Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 17.2. Germany Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
18. France Cryostat Market
- 18.1. France Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 18.2. France Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
19. Eastern Europe Cryostat Market
- 19.1. Eastern Europe Cryostat Market Overview
- 19.2. Eastern Europe Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 19.3. Eastern Europe Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
20. Russia Cryostat Market
- 20.1. Russia Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 20.2. Russia Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
21. North America Cryostat Market
- 21.1. North America Cryostat Market Overview
- 21.2. North America Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 21.3. North America Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
22. USA Cryostat Market
- 22.1. USA Cryostat Market Overview
- 22.2. USA Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 22.3. USA Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
23. South America Cryostat Market
- 23.1. South America Cryostat Market Overview
- 23.2. South America Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 23.3. South America Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
24. Brazil Cryostat Market
- 24.1. Brazil Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 24.2. Brazil Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
25. Middle East Cryostat Market
- 25.1. Middle East Cryostat Market Overview
- 25.2. Middle East Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 25.3. Middle East Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
26. Africa Cryostat Market
- 26.1. Africa Cryostat Market Overview
- 26.2. Africa Cryostat Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- 26.3. Africa Cryostat Market, Segmentation By End-Use Industry, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
27. Cryostat Market Competitive Landscape And Company Profiles
- 27.1. Cryostat Market Competitive Landscape
- 27.2. Cryostat Market Company Profiles
- 27.2.1. Advanced Research Systems Inc
- 27.2.1.1. Overview
- 27.2.1.2. Products and Services
- 27.2.1.3. Strategy
- 27.2.1.4. Financial Performance
- 27.2.2. Lake Shore Cryotronics Inc
- 27.2.2.1. Overview
- 27.2.2.2. Products and Services
- 27.2.2.3. Strategy
- 27.2.2.4. Financial Performance
- 27.2.3. Cryomech Inc
- 27.2.3.1. Overview
- 27.2.3.2. Products and Services
- 27.2.3.3. Strategy
- 27.2.3.4. Financial Performance
- 27.2.4. Dakewe Biotech Co Ltd
- 27.2.4.1. Overview
- 27.2.4.2. Products and Services
- 27.2.4.3. Strategy
- 27.2.4.4. Financial Performance
- 27.2.5. Epredia
- 27.2.5.1. Overview
- 27.2.5.2. Products and Services
- 27.2.5.3. Strategy
- 27.2.5.4. Financial Performance
28. Key Mergers And Acquisitions In The Cryostat Market
29. Cryostat Market Future Outlook and Potential Analysis
30. Appendix
- 30.1. Abbreviations
- 30.2. Currencies
- 30.3. Historic And Forecast Inflation Rates
- 30.4. Research Inquiries
- 30.5. The Business Research Company
- 30.6. Copyright And Disclaimer