Assessment of COVID-19's Effect on Cryogenic Vials Market 2020-2024 | Growing Adoption of Barcoded Cryogenic Vials to Augment Growth | Technavio

Technavio has announced its latest market research report titled Global Cryogenic Vials Market 2020-2024 (Graphic: Business Wire).

LONDON--()--Technavio has been monitoring the cryogenic vials market and it is poised to grow by USD 42.48 million during 2020-2024, progressing at a CAGR of almost 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio’s in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report

The market is moderately fragmented, and the degree of fragmentation will accelerate during the forecast period. Avantor Inc., BIOLOGIX GROUP Ltd., Brooks Automation Inc., Corning Inc., DWK Life Sciences GmbH, Merck KGaA, SARSTEDT AG & Co. KG, StemCell Technologies Inc., Sumitomo Bakelite Co. Ltd., and Thermo Fisher Scientific Inc. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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The growing adoption of barcoded cryogenic vials has been instrumental in driving the growth of the market.

Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations. https://www.technavio.com/report/report/cryogenic-vials-market-industry-analysis

Cryogenic Vials Market 2020-2024: Segmentation

Cryogenic Vials Market is segmented as below:

  • Type
    • Internally Threaded Cryogenic Vials
    • Externally Threaded Cryogenic Vials
  • Geographic Landscape
    • Asia
    • Europe
    • North America
    • ROW

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Cryogenic Vials Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The cryogenic vials market report covers the following areas:

  • Cryogenic Vials Market Size
  • Cryogenic Vials Market Trends
  • Cryogenic Vials Market Analysis

This study identifies increasing demand for stem cell cryopreservation as one of the prime reasons driving the cryogenic vials market growth during the next few years.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Cryogenic Vials Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist cryogenic vials market growth during the next five years
  • Estimation of the cryogenic vials market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the cryogenic vials market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of cryogenic vials market vendors

Table of Contents:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market segmentation analysis
  • Value Chain Analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2019
  • Market size and forecast 2019-2024
  • Market Outlook

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY TYPE

  • Market segmentation by type
  • Comparison by type
  • Internally threaded cryogenic vials - Market size and forecast 2019-2024
  • Externally threaded cryogenic vials - Market size and forecast 2019-2024
  • Market opportunity by type

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • Asia - Market size and forecast 2019-2024
  • ROW - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Growing adoption of barcoded cryogenic vials
  • Increasing demand for stem cell cryopreservation
  • Growing focus toward improving design and quality standards

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption
  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Avantor Inc.
  • BIOLOGIX GROUP Ltd.
  • Brooks Automation, Inc.
  • Corning Inc.
  • DWK Life Sciences GmbH
  • Merck KGaA
  • SARSTEDT AG & Co. KG
  • StemCell Technologies Inc.
  • Sumitomo Bakelite Co. Ltd.
  • Thermo Fisher Scientific Inc.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Release Summary

The Global Cryogenic Vials Market will grow by USD 42.48 mn during 2020-2024

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/