According to the research report titled ‘Global Cryogenic Storage in Healthcare Market Analysis, 2020’, available with Market Study Report, global cryogenic storage in healthcare market is predicted to expand considerably during 2021-2026.
 

Increased pervasiveness of chronic conditions such as spinal cord injury, renal failure, cancer, and diabetes coupled with growing demand for regenerative medicines are the major factors driving the growth of global cryogenic storage in healthcare market.
 

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The advent Coronavirus pandemic has augmented the demand for vaccine doses. This has resulted in high adoption of subzero storage and shipping systems, thereby favoring the overall market scenario.
 

As per type, global cryogenic storage in healthcare industry is split into liquid nitrogen tanks, medical cryopreservation box, medical freezers, blood refrigerators, and others. The report states that global cryogenic storage in healthcare industry size from medical freezers is expected to record remunerative growth during the forecast period.
 

Medical freezers are widely adopted by research labs and several pharmaceutical corporations for drug research as well as development. In addition to this, high occurrence of chronic conditions has impelled the need for blood transfusion, which in turn is facilitating the overall business scenario.
 

The application landscape of the overall market consists of biopharmaceuticals, disease control & prevention centers, medical testing centers, hospitals, and others.
 

Felix Storch Inc., Lec Medical, Aucma Company Limited, Nihon Freezer Co. Ltd., Labcold Ltd., So-Low Environmental Equipment Co., Helmer Scientific, Eppendorf, Haier Biomedical, Arctiko A/S, B Medical Systems, Vestfrost Solutions, PHC Corporation, and Thermo Fisher Scientific Inc. are the key competitors in global cryogenic storage in healthcare market.