Cryogenic Freezers Market

By Freezers Type;

Tunnel Freezers, IQF Freezers, Immersion Freezers, Spiral Freezers, Impingement Freezers, Cryo-Mechanical Freezing and Sauce & Pellet Freezers

By End Use;

Food & Beverages, Medical & Health Care, Pharmaceuticals, Industrial, Research Institution and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn421366838 Published Date: August, 2025 Updated Date: September, 2025

Cryogenic Freezers Market Overview

Cryogenic Freezers Market (USD Million)

Cryogenic Freezers Market was valued at USD 205.54 million in the year 2024. The size of this market is expected to increase to USD 313.16 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.2%.


Cryogenic Freezers Market

*Market size in USD million

CAGR 6.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.2 %
Market Size (2024)USD 205.54 Million
Market Size (2031)USD 313.16 Million
Market ConcentrationMedium
Report Pages314
205.54
2024
313.16
2031

Major Players

  • Arctiko
  • Thermo Fisher Scientific Inc.
  • Messer Group GmbH
  • Russells Technical Products
  • Air Products and Chemicals, Inc.
  • Helmer Scientific
  • CES nv
  • Dohmeyer Construction Sp. z o.o.
  • PHC Europe B.V.
  • The research report pres

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Cryogenic Freezers Market

Fragmented - Highly competitive market without dominant players


The Cryogenic Freezers Market is experiencing rapid expansion as the need for ultra-low temperature storage continues to rise in biotechnology, pharmaceuticals, and medical research. Over 60% of laboratories now depend on these freezers for secure preservation of vaccines, tissues, and genetic materials, reflecting their indispensable role in advanced science.

Life Sciences Driving Growth
A major portion of the demand comes from biotechnology and pharmaceutical applications, where approximately 45% of installations are linked to molecular biology and cell preservation. Growing investments in genomics, stem cell research, and drug discovery have accelerated the adoption of cryogenic storage across laboratories worldwide.

Innovation and Technology Integration
The market is shifting toward advanced systems with automation and monitoring capabilities. Around 35% of manufacturers have incorporated smart technologies into cryogenic freezers, improving temperature consistency, energy performance, and operational safety. These innovations are helping organizations protect sensitive materials more effectively.

Healthcare Utilization Expanding
In healthcare, cryogenic freezers are widely used in hospitals, fertility centers, and blood banks, with nearly 40% of utilization dedicated to preserving blood components and reproductive tissues. The expansion of regenerative medicine and cell-based therapies is further boosting reliance on these freezers for clinical applications.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Freezers Type
    2. Market Snapshot, By End Use
    3. Market Snapshot, By Region
  4. Cryogenic Freezers Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Medical research growth
        2. Pharmaceutical storage needs
        3. Food industry demand
        4. Technological advancements
      2. Restraints
        1. High initial cost
        2. Maintenance complexity
        3. Limited awareness
        4. Energy consumption concern
      3. Opportunities
        1. Emerging markets expansion
        2. Biobanking advancements
        3. Sustainability initiatives
        4. Technological innovations
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Cryogenic Freezers Market, By Freezers Type, 2021 - 2031 (USD Million)
      1. Tunnel Freezers
      2. IQF Freezers
      3. Immersion Freezers
      4. Spiral Freezers
      5. Impingement Freezers
      6. Cryo-Mechanical Freezing
    2. Cryogenic Freezers Market, By End Use, 2021 - 2031 (USD Million)
      1. Food & Beverages
      2. Medical & Health Care
      3. Pharmaceuticals
      4. Industrial
      5. Research Institution
      6. Others
    3. Cryogenic Freezers Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Arctiko
      2. Thermo Fisher Scientific Inc.
      3. Messer Group GmbH
      4. Russells Technical Products
      5. Air Products and Chemicals, Inc.
      6. Helmer Scientific
      7. CES nv
      8. Dohmeyer Construction Sp. z o.o.
      9. PHC Europe B.V.
      10. The research report pres
  7. Analyst Views
  8. Future Outlook of the Market