Dublin, May 15, 2023 (GLOBE NEWSWIRE) -- The "Cryostat - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Cryostat estimated at US$2.1 Billion in the year 2022, is projected to reach a revised size of US$3 Billion by 2030, growing at a CAGR of 4.7% over the analysis period 2022-2030.
Continuous-Flow, one of the segments analyzed in the report, is projected to record a 5.8% CAGR and reach US$1.4 Billion by the end of the analysis period.
Taking into account the ongoing post pandemic recovery, growth in the Closed-Cycle segment is readjusted to a revised 3.5% CAGR for the next 8-year period.
The U.S. Market is Estimated at $600 Million, While China is Forecast to Grow at 4.4% CAGR
The Cryostat market in the U.S. is estimated at US$600 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$523.7 Million by the year 2030 trailing a CAGR of 4.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.5% and 3.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.
Select Competitors (Total 12 Featured) -
- Advanced Medical and Optical Systems (Amos)
- Advanced Research Systems, Inc.
- Amos Scientific Pty. Ltd.
- Atico Medical Private Limited
- Bright Instruments Ltd.
- Cryomech, Inc.
- Janis Research Company, LLC.
- Jinhua Yidi Medical Appliance Co., Ltd.
- Leica Biosystems Nussloch GmbH
- Slee Medical GmbH
- Thermo Fisher Scientific, Inc.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 179 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $2.1 Billion |
| Forecasted Market Value (USD) by 2030 | $3 Billion |
| Compound Annual Growth Rate | 4.6% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- An Overview of Cryostat Market
- Cryostat Market to Witness Steady Growth
- Healthcare Segment to Register Fastest Growth
- Bath Cryostats to Dominate the Market Growth
- Cryostat - Global Key Competitors Percentage Market Share in 2022 (E)
- A Prelude into Leading Market Players
- Cryostat Market: Percentage Breakdown of Market Share by leading Players: 2025
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Increasing Adoption of Cryostat Microtomes across Various Research Based Laboratories, Particularly in Research and Histology Labs to Spearhead Market Demand
- Growing Demand from Aerospace Industry to Bolster Market Growth
- Increasing Demand for Natural Gas Pipelines to Support Market Growth
- Total Production (In Billion Cubic Metres) of Natural Gas by Region: 2013-2018
- Total Worldwide Production (In Million Tons) of Natural Gas: 1980-2050
- Total Demand (In Billion Cubic feet/day) for Natural Gas in the US by Source: 2017 and 2018
- Increase in Worldwide Liquefied Natural Gas Production to Drive Market Growth
- Global Production (in million metric tons per Year) of LNG: 2008-2020E
- New Product Launches to Bolster Market Growth
- Myriad Applications to Support Market Demand
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/f9g4vt
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