Cryogenic Vials Cap Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024
- Transparency Market Research
A vial is a small cylindrical glass container which is used to hold liquid medicines. Cryogenic vials are designed to store and to transport biological material or samples such as human or animal cell, serum and antibody, at temperatures as low as -196°C, with the help of cap. Sterile cryogenic vials are developed to store biological material at extreme temperature. Cryogenic vials are manufactured from polypropylene and sterilized by gamma radiation. The cryogenic vials caps are manufactured from medical polyethylene (PE) and are co-molded with a layer of thermoplastic elastomer (TPE), which provides the leak-proof benefits of an o-ring to minimize the risk of contamination. Cryogenic vials caps (contains silicone packing inside for air tightness) come either in wide range of colors (generally red, blue, pink, white, green and yellow coded) or in natural color with cap inserts, which provides quick individual identification of cryogenic vials to simplify inventory maintenance. Cryogenic vials are sterile, non-cytotoxic and non-pyrogenic. Cryogenic vials come in a various range of volumes, usually from 1 to 5 ml, with suitable graduation marks and labeling areas for easy testing. A barcode is used for automated data collection, sample identity, and accurate sample inventory purpose. The global cryogenic vials cap market is expected to register significant CAGR during the forecast period.
Global Cryogenic Vials Cap Market: Drivers and Restraints
The increase in growth of pharmaceuticals industries across the globe, is a key factor, which is majorly driving the demand for cryogenic vials cap. Moreover, the increasing prevalence of chronic diseases such as diabetes, cancer, and communicable diseases is expected to drive the growth of the global cryogenic vials cap market. Also, rise in aging population worldwide, and a rapid pace of industrialization are also expected to fuel the demand for global cryogenic vials cap market over the forecast period
However, high cost associated with cryogenic vials is a primary concern, which is hindering the growth of the global cryogenic vial cap market throughout the next decade.
Global Cryogenic Vials Cap Market: Segmentation
The global cryogenic vials cap market is segmented on the basis of cap type, bottom type, and end-use industry.
On the basis of cap type, the global cryogenic vials cap market is segmented into:
- Outer Cap (External Threaded)
- Inner Cap (Internal Threaded)
On the basis of bottom type, the global cryogenic vials cap market is segmented into:
- Round (Elliptical) Bottom
- Flat Bottom
On the basis of end use industry, the global cryogenic vials cap market is segmented into:
- Medical Research Institution/Laboratory
Global Cryogenic Vials Cap Market: Regional Outlook
Based on the geographies, the global cryogenic vials cap market is segmented into five key regions, namely North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is expected to account for the maximum revenue share among all the regions, this is due to the economic manufacturing conditions and favorable trade conditions. Asia Pacific is expected to remain the promising regional market during the forecast period, this is due to rapid pace of industrialization. Owing to the presence of major market player namely, Starlab International GmbH, the Europe cryogenic vials cap market is expected to register decent CAGR during the forecast period. On the other hand, Latin America and MEA are anticipated to exhibit modest growth rate for cryogenic vials cap market over the forecast period.
Global Cryogenic Vials Cap Market: Key Players
Some of the major players identified in the global cryogenic vials cap market are
- Sumitomo Bakelite Co., Ltd.
- Simport Scientific
- Globe Scientific Inc.
- Starlab International GmbH
- Heathrow Scientific
- Thermo Fisher Scientific Inc.
- Lab Depot Inc.
- Caesa-Labs Inc.
- E&K Scientific Products, Inc.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Argentina, Brazil, rest of Latin America)
- Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Asia Pacific (China, India, Japan, ASEAN, Australia & New Zealand)
- Middle East and Africa (GCC, S. Africa, Rest of MEA)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.
Have query on this report?Make an Enquiry
The team was the biggest help to us. Not only were we provided with customized solutions but also we were guided through the most complicated situations. The information was on-point yet comprehensive. The experience was absolutely satisfying and helped us turn many challenges into opportunities.
Ours is a startup with a unique set of challenges and we were therefore hesitant but the team totally put us at ease with their knowledge and expertise. Our business and its challenges were understood perfectly and help was extended accordingly. The tailor made approach really helped us gain the most informative insights.
The report repository is absolutely impressive –updated and exhaustive in terms of markets covered and information provides. Besides, with the support extended to us by the team, we could reduce costs as well as move to sustainable growth. This really helped us tap into new opportunities. Happy to have gone ahead with ResearchMos.us.
We have had a long term engagement with ResearchMoz.us and never have we felt that the work done and help extended were below flawless. The report repository is one of the best one can hope to tap into. Recently, our partner businesses opted for consultancy services and they are all thrilled with the outcome.
Insights from reports helped us improve our profit margins significantly. Most of the knowledge we needed on the market were provided to us on a granular basis. From trends, and drivers to competitive analysis, the information was not just crisp but also insightful. That helped us chart a robust growth strategy and as of now we are happy to state that we are reaping big benefits.
More from Packaging
PackagingChinese Markets for Industrial Packaging