3D printing to provide customizable probes for sensing and monitoring in cryobiology applications is the major factor driving the growth of the Middle East & Africa cryopreservation equipment market. Cryopreservation has long been acknowledged as a valuable long-term genetic resource preservation method. However, cryopreservation outcomes may sometimes vary due to inconsistencies in processes and freezing equipment. 3D printing is still being explored for its suitability as a fabrication process for designing, prototyping, testing, and implementing cryopreservation procedures and phenomena. Such devices can offer quantitative data on temperature profiles and phase transitions, which can be utilized to reduce variations in the implementation of established cryopreservation techniques. As the 3D printing approach is becoming more prevalent worldwide and individual devices are being designed based on user requirements. Thus, customization leads to ultimate standardization that could be an expected result of using this technology. Different user groups can become micro-manufacturers and undertake repeatable cryopreservation techniques, regardless of location, by exchanging design files. Due to these advantages, 3D printing may be used to create a variety of standardized monitoring devices for cryopreservation applications to obtain reliable results. A unique 3D printed sensing probe can detect electrical and thermal changes associated with phase-transition processes within a French straw. 3D printed probes can support more complex sensing systems, and printed circuitry can be reduced. This could provide control over freezing and thawing. Further, the devices equipped with 3D printed sensing components can be enabled with Wi-Fi and Bluetooth connectivity for data transfer and utility expansion.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the Middle East & Africa cryopreservation equipment market. The Middle East & Africa cryopreservation equipment market is expected to grow at a good CAGR during the forecast period.
The Middle East & Africa cryopreservation equipment market is segmented into type, cryogen type, application, end user, and country. Based on type, the cryopreservation equipment market is segmented into freezers, sample preparation systems, and accessories. The freezers segment is expected to lead the market in 2022. Based on the cryogen type, the Middle East & Africa cryopreservation equipment market is segmented into liquid nitrogen, oxygen, liquid helium, argon, and others. In 2022, the liquid nitrogen segment is likely to hold the largest share of the market. The Middle East & Africa cryopreservation equipment market, based on application, is segmented into cord blood stem cells, sperms, semen & testicular tissues, embryos and oocytes, cell and gene therapies, and others. The cord blood stem cells segment is likely to hold the largest share of the market in 2022. The Middle East & Africa cryopreservation equipment market, based on end user, is segmented into stem cell banks, biotechnology and pharmaceuticals organizations, stem cell research laboratories, and others. The biotechnology and pharmaceuticals organizations segment is expected to hold the largest market share in 2022. On the basis of country, the market is further segmented into Saudi Arabia, South Africa, the UAE, and the Rest of the Middle East & Africa. South Africa is expected to hold the largest share of the market in 2022.
Antech Group Inc.; Avantor, Inc.; BioLife Solutions; Brooks Automation, Inc; Cryoport Systems, LLC.; Danaher Corporation; Hamilton Company; PHC Holdings Corporation; Thermo Fisher Scientific Inc.; and ZhongkeMeiling Cryogenics Company Limited are among the leading companies in the Middle East & Africa cryopreservation equipment market.
The Middle East & Africa Cryopreservation Equipment Market is valued at US$ 247.08 Million in 2022, it is projected to reach US$ 429.65 Million by 2028.
As per our report Middle East & Africa Cryopreservation Equipment Market, the market size is valued at US$ 247.08 Million in 2022, projecting it to reach US$ 429.65 Million by 2028. This translates to a CAGR of approximately 9.7% during the forecast period.
The Middle East & Africa Cryopreservation Equipment Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East & Africa Cryopreservation Equipment Market report:
The Middle East & Africa Cryopreservation Equipment Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East & Africa Cryopreservation Equipment Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East & Africa Cryopreservation Equipment Market value chain can benefit from the information contained in a comprehensive market report.