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Cryostats Market - Industry Dynamics, Market Size, And Opportunity Forecast To 2027

Global Cryostats Market- (By Type- Bath Cryostats, Closed-Cycle Cryostats, Multistage Cryostats and Continuous-Flow Cryostats; By Application- Medical Field, Research Laboratories and Industrial; and By Region) - Industry Dynamics, Market Size and Opportunity Forecast, 2027

  • Published On: 28-Apr-2022  |   Format: pdfpowerpointexcel  |  Report ID: AA0422216
    Delivery: 2-4 hours
Cryostats Market

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Report AttributeDetails
Market Size Value in 2021US$ 2,081.24 Mn
Expected Revenue in 2027US$ 3,061.82 Mn
Historic Data2017-2020
Base Year2021
Forecast Period2022-2027
UnitValue (USD Mn)
CAGR5.27% (2022-2027)
Segments coveredBy Type, By Application, By Region
Key Companies                                                                                            Janis Research Company, LLC, Jinhua Yidi Medical Equipment Co., Ltd., SLEE medical GmbH, Amos Scientific Pty Ltd, Advanced Research Systems, Thermofisher Scientific Inc., Montana Instruments Corporation, Cryomech Inc., Bright Instruments and Leica Biosystem Nussloch GmbH among others.
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A cryostat is an artificial chamber that can keep temperature extremely low and therefore, preserves the object stored in it. The low temperature maintained within the chamber freezes the content and keeps it secure and intact.

The preservation of cell density and tissue architecture is one of the advantages of cryostat frozen section which are important in the diagnosis of neurosurgical materials.

Dewar is an essential insulated container system of a cryostat from which liquid cryogen is drawn. 

In the sphere of medical applications, Magnetic Resonance Imaging (MRI), frozen tissue sections, X-ray, spectroscopy and other pathological studies are few of the applications for cryostats in the healthcare sector.

The growth rate of the global cryostats market is 6.65%, with an estimated value of US$ 3,061.82 Million by 2027. 

North America held the major share in terms of revenue, in the global cryostats market in 2021. 

Factors such as rising demand from healthcare industry drives the growth in the global cryostats market over the forecast period.

High power consumption is a restraining factor which inhibits the growth of the cryostats market during the forecast period.

The medical field segment is expected to project the highest CAGR over the forecast period as the cryostat market is majorly driven by the healthcare industry.

Germany held the major share in the Europe cryostats market in 2021. 

The increasing number of projects in the quantum computing are analysed to create a significant growth opportunity for the cryostats market.

COVID-19 has significantly impacted positively on the cryostats market. The effects of the covid-19 have been analysed with the employment of the cryostats. This included the adoption of enhanced cryostat technology for superior storage and observation of the tissues and virus.

Type and application are the segments to invest in over the assessment period in the global cryostats market.

The key players operating in the market include Janis Research Company, LLC, Jinhua Yidi Medical Equipment Co., Ltd., SLEE medical GmbH, Amos Scientific Pty Ltd, Advanced Research Systems, Thermofisher Scientific Inc., Montana Instruments Corporation, Cryomech Inc., Bright Instruments and Leica Biosystem Nussloch GmbH among others.