Dublin, May 14, 2019 (GLOBE NEWSWIRE) -- The "Global Cryogenic Equipment Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.

The cryogenic equipment market will register a CAGR of over 6% by 2023.

The growing demand from the healthcare industry is one of the key factors expected to trigger the cryogenic equipment market during the forecast period. The equipment plays a crucial role in the activation and storage of the receptor cells without affecting their quality. In addition, cryogenic freezers are further used for biological storage of stem cells, bone marrow, human tissues, and cord blood, while being applicable in other sensitive biological and pharmaceutical applications, thus, boosting the cryogenic equipment market growth during the forecast period.

Market Overview

Growing demand from healthcare industry

The growing demand for cold chain logistics in the healthcare industry will increase the demand for cryogenic equipment for applications such as stem therapy, regenerative medicine, immunotherapy, and cellular medicine.

Threat from faulty or loosely insulated cryogenic equipment

The leakage of gases due to faulty or loosely insulated cryogenic equipment can adversely affect the health of employees and people in the vicinity of cryogenic equipment.

Competitive Landscape

The market appears to be fragmented with the presence of several market players. Mobile tanks help enterprises in transporting liquefied gases efficiently and with less wastage, which encouraging vendors in the market to offer cryogenic mobile tanks to various end-users in industries such as oil and gas. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market's competitive landscape and offering information on the products offered by companies.

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 04: MARKET SIZING

• Market definition
• Market sizing 2018
• Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 06: MARKET SEGMENTATION BY END-USER

• Market segmentation by end-user
• Comparison by end-user
• Power and energy - Market size and forecast 2018-2023
• Petrochemical and chemicals - Market size and forecast 2018-2023
• Metallurgy - Market size and forecast 2018-2023
• Electronics - Market size and forecast 2018-2023
• Others - Market size and forecast 2018-2023
• Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

• Geographic segmentation
• Geographic comparison
• APAC - Market size and forecast 2018-2023
• North America - Market size and forecast 2018-2023
• Europe - Market size and forecast 2018-2023
• MEA - Market size and forecast 2018-2023
• South America - Market size and forecast 2018-2023
• Key leading countries
• Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 11: MARKET TRENDS

• Emergence of cryogenic mobile tanks
• Availability of cryogenic equipment on rent
• Increasing use of customized cryogenic equipment

PART 12: VENDOR LANDSCAPE

• Overview
• Landscape disruption
• Competitive scenario

PART 13: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors
• Chart Industries
• Cryofab
• Taylor-Wharton
• The Linde Group
• Wessington Cryogenics

PART 14: APPENDIX

For more information about this report visit https://www.researchandmarkets.com/r/801yvt

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Related Topics: Laboratory Equipment