Cryostat Market Report and Forecast 2025-2034
Description
The global cryostat market size was valued at USD 2.40 Billion in 2024, driven by the rising number of research and development activities across the globe. The market is expected to grow at a CAGR of 5.60% during the forecast period of 2025-2034, with the values likely to rise from USD 2.5 Billion in 2025 to USD 4.14 Billion by 2034.
Global Cryostat Market Overview
Cryostat is a device that maintains low cryogenic temperatures (-150°C to -273°C) by using refrigeration methods. It uses liquid cryogens like Helium or Nitrogen to keep the devices or samples mounted within the system at low temperatures. A cryostat is an essential tool to preserve biological tissues and enable quick findings in research labs, histology, pathology, etc. Low temperatures in a cryogenic environment allow freezing and preservation of tissues, which can be sectioned using a microtome.
Rapid developments in advanced medical imaging techniques such as magnetic resonance imaging (MRI) and microscopic examination of tissue samples are propelling the cryostat market demand. MRI machines need Cryostats to hold a cryogen, mainly helium, in a liquid state with minimal evaporation. Around 30 million MRI scans are performed by medical professionals in the United States every year to detect, diagnose, and monitor various medical conditions such as brain tumors, stroke, dementia, and multiple sclerosis. Thus, the increased application of cryostats in diagnostic, biological, and industrial sectors is expected to drive market growth in the forecast period.
Intensive Research and Development Activities
Cryostat finds its utilization in various research and development initiatives including material science, medical research, and diagnostics. The increased adoption of cryostats in research activities is the key factor driving the expansion of the cryostats market share. In October 2023 , a project at the University of Maine, funded by the Natural Science Foundation employed a new cryostat machine to slice fish samples effectively and find potential treatments for several diseases by studying a family of genes found in fish. Using the new gene present in the fish cell membrane, the researchers plan to develop a deeper understanding of diseases including diabetes, schizophrenia, and autism spectrum disorder.
Novel Innovations Driving the Cryostat Market Growth
Major players in the cryostat device market are actively involved in the manufacturing of technologically advanced cryostat machines that not only show overall efficiency but also work on reduced power input. In April 2023, INOXCVA , a leading Indian cryogenic engineering company, announced the manufacturing of a 4K Helium cryostat with zero-boil-off for an MRI magnet system. Designed by a team of Indian scientists and engineers, the fabrication of this technology is anticipated to lower MRI costs and make the Indian healthcare system more affordable.
Global Cryostat Market Segmentation
Cryostat Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
North America holds the largest share of the cryostat market owing to the technological advancements in cryostat equipment in the region. With its applications in a wide range of sectors such as aerospace, immunohistochemical experiments, and engineering, the cryostat market demand is growing notably. In May 2023, a team of researchers from the Ames National Laboratory in the United States developed an innovative scanning probe microscope with a custom cryogenic insert. The ultralow temperature terahertz microscope can take imaging data on materials exposed to extreme magnetic and cryogenic environments (below 4.2 Kelvins or -452 degrees Fahrenheit). The terahertz microscope is expected to foster a better understanding of topological and superconducting materials, enabling integration of the quantum technology as well.
The Asia Pacific region also holds a significant cryostat market share. The rising investments in the healthcare sector have strikingly fuelled the demand for cryogenic technologies. Moreover, the presence of several cryogenic tank suppliers in the region is bolstering the market growth. With the growing impetus of the government to improve healthcare facilities, developing economies such as India are expected to offer lucrative growth opportunities for the key cryostat market players in the coming years.
Global Cryostat Market: Competitor Landscape
One of the significant trends witnessed in the cryostat market is the increased funding and investments which are elevating the market value significantly. In December 2023 , Inox India Ltd., a manufacturer of cryogenic tanks secured INR 438 crore from anchor investors. Further, the leading supplier of cryogenic equipment plans to raise INR 1460 crore. The funds will help the company in the expansion of its offerings for cryogenic conditions and can reduce the dependency on import content substantially.
The key features of the cryostat market report include patent analysis, grants analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
*Please Note:* The report will take 5 business days to complete, after order confirmation.
Global Cryostat Market Overview
Cryostat is a device that maintains low cryogenic temperatures (-150°C to -273°C) by using refrigeration methods. It uses liquid cryogens like Helium or Nitrogen to keep the devices or samples mounted within the system at low temperatures. A cryostat is an essential tool to preserve biological tissues and enable quick findings in research labs, histology, pathology, etc. Low temperatures in a cryogenic environment allow freezing and preservation of tissues, which can be sectioned using a microtome.
Rapid developments in advanced medical imaging techniques such as magnetic resonance imaging (MRI) and microscopic examination of tissue samples are propelling the cryostat market demand. MRI machines need Cryostats to hold a cryogen, mainly helium, in a liquid state with minimal evaporation. Around 30 million MRI scans are performed by medical professionals in the United States every year to detect, diagnose, and monitor various medical conditions such as brain tumors, stroke, dementia, and multiple sclerosis. Thus, the increased application of cryostats in diagnostic, biological, and industrial sectors is expected to drive market growth in the forecast period.
Intensive Research and Development Activities
Cryostat finds its utilization in various research and development initiatives including material science, medical research, and diagnostics. The increased adoption of cryostats in research activities is the key factor driving the expansion of the cryostats market share. In October 2023 , a project at the University of Maine, funded by the Natural Science Foundation employed a new cryostat machine to slice fish samples effectively and find potential treatments for several diseases by studying a family of genes found in fish. Using the new gene present in the fish cell membrane, the researchers plan to develop a deeper understanding of diseases including diabetes, schizophrenia, and autism spectrum disorder.
Novel Innovations Driving the Cryostat Market Growth
Major players in the cryostat device market are actively involved in the manufacturing of technologically advanced cryostat machines that not only show overall efficiency but also work on reduced power input. In April 2023, INOXCVA , a leading Indian cryogenic engineering company, announced the manufacturing of a 4K Helium cryostat with zero-boil-off for an MRI magnet system. Designed by a team of Indian scientists and engineers, the fabrication of this technology is anticipated to lower MRI costs and make the Indian healthcare system more affordable.
Global Cryostat Market Segmentation
Cryostat Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:
Market Breakup by Type
- Closed Cycle Cryostats
- Continuous Cycle Cryostats
- Bath Cryostats
- Multistage Cryostats
- Dewars
- Transfer Tubes
- Gas Flow Pumps
- Temperature Controllers
- Microtomes Blades
- Other System Components
- Nitrogen
- Helium
- Others
- Healthcare and Medical
- Research and Development
- Semiconductor Manufacturing
- Aerospace and Defense
- Others
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
North America holds the largest share of the cryostat market owing to the technological advancements in cryostat equipment in the region. With its applications in a wide range of sectors such as aerospace, immunohistochemical experiments, and engineering, the cryostat market demand is growing notably. In May 2023, a team of researchers from the Ames National Laboratory in the United States developed an innovative scanning probe microscope with a custom cryogenic insert. The ultralow temperature terahertz microscope can take imaging data on materials exposed to extreme magnetic and cryogenic environments (below 4.2 Kelvins or -452 degrees Fahrenheit). The terahertz microscope is expected to foster a better understanding of topological and superconducting materials, enabling integration of the quantum technology as well.
The Asia Pacific region also holds a significant cryostat market share. The rising investments in the healthcare sector have strikingly fuelled the demand for cryogenic technologies. Moreover, the presence of several cryogenic tank suppliers in the region is bolstering the market growth. With the growing impetus of the government to improve healthcare facilities, developing economies such as India are expected to offer lucrative growth opportunities for the key cryostat market players in the coming years.
Global Cryostat Market: Competitor Landscape
One of the significant trends witnessed in the cryostat market is the increased funding and investments which are elevating the market value significantly. In December 2023 , Inox India Ltd., a manufacturer of cryogenic tanks secured INR 438 crore from anchor investors. Further, the leading supplier of cryogenic equipment plans to raise INR 1460 crore. The funds will help the company in the expansion of its offerings for cryogenic conditions and can reduce the dependency on import content substantially.
The key features of the cryostat market report include patent analysis, grants analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
- Biosystems
- Cryomech Inc.
- Amos Scientific
- MEDITE
- Bright Instruments
- Dakewe Medical
- Jinhua YIDI Medical Appliance Co., Ltd.
- SLEE Medical GmbH
- Advanced Research Systems
- Lake Shore Cryotronics
- Epredia
- SM Scientific Instruments
- Medimeas
- Hacker Instruments & Industries
- Boeckeler Instruments Inc.
- Histo-line Laboratories
- Lupetec
- SciLab Co. Ltd.
- Cryofab, Inc.
- Precision Cryogenics
- AMETEK Scientific Instruments
*Please Note:* The report will take 5 business days to complete, after order confirmation.
Table of Contents
350 Pages
- 1 Preface
- 1.1 Objectives of the Study
- 1.2 Key Assumptions
- 1.3 Report Coverage – Key Segmentation and Scope
- 1.4 Research Methodology
- 2 Executive Summary
- 3 Global Cryostat Market Overview
- 3.1 Global Cryostat Market Historical Value (2018-2024)
- 3.2 Global Cryostat Market Forecast Value (2025-2034)
- 4 Global Cryostat Market Landscape
- 4.1 Global Cryostat Developers Landscape
- 4.1.1 Analysis by Year of Establishment
- 4.1.2 Analysis by Company Size
- 4.1.3 Analysis by Region
- 4.2 Global Cryostat Product Landscape
- 4.2.1 Analysis by Type
- 4.2.2 Analysis by Applications
- 5 Global Cryostat Market Dynamics
- 5.1 Market Drivers and Constraints
- 5.2 SWOT Analysis
- 5.2.1 Strengths
- 5.2.2 Weaknesses
- 5.2.3 Opportunities
- 5.2.4 Threats
- 5.3 Porter’s Five Forces Model
- 5.3.1 Bargaining Power of Suppliers
- 5.3.2 Bargaining Power of Buyers
- 5.3.3 Threat of New Entrants
- 5.3.4 Threat of Substitutes
- 5.3.5 Degree of Rivalry
- 5.4 Key Demand Indicators
- 5.5 Key Price Indicators
- 5.6 Industry Events, Initiatives, and Trends
- 5.7 Value Chain Analysis
- 6 Global Cryostat Market Segmentation (218-2034)
- 6.1 Global Cryostat Market (2018-2034) by Type
- 6.1.1 Market Overview
- 6.1.2 Closed Cycle Cryostats
- 6.1.3 Continuous Cycle Cryostats
- 6.1.4 Bath Cryostats
- 6.1.5 Multistage Cryostats
- 6.2 Global Cryostat Market (2018-2034) by Components
- 6.2.1 Market Overview
- 6.2.2 Dewars
- 6.2.3 Transfer Tubes
- 6.2.4 Gas Flow Pumps
- 6.2.5 Temperature Controllers
- 6.2.6 Microtomes Blades
- 6.2.7 Other System Components
- 6.3 Global Cryostat Market (2018-2034) by Cryostat
- 6.3.1 Market Overview
- 6.3.2 Nitrogen
- 6.3.3 Helium
- 6.3.4 Others
- 6.4 Global Cryostat Market (2018-2034) by Applications
- 6.4.1 Market Overview
- 6.4.2 Healthcare and Medical
- 6.4.3 Research and Development
- 6.4.4 Semiconductor Manufacturing
- 6.4.5 Aerospace and Defense
- 6.4.6 Others
- 6.5 Global Cryostat Market (2018-2034) by Region
- 6.5.1 Market Overview
- 6.5.2 North America
- 6.5.3 Europe
- 6.5.4 Asia Pacific
- 6.5.5 Latin America
- 6.5.6 Middle East and Africa
- 7 North America Cryostat Market (218-2034)
- 7.1 North America Cryostat Market (2018-2034) by Type
- 7.1.1 Market Overview
- 7.1.2 Closed Cycle Cryostats
- 7.1.3 Continuous Cycle Cryostats
- 7.1.4 Bath Cryostats
- 7.1.5 Multistage Cryostats
- 7.2 North America Cryostat Market (2018-2034) by Components
- 7.2.1 Market Overview
- 7.2.2 Dewars
- 7.2.3 Transfer Tubes
- 7.2.4 Gas Flow Pumps
- 7.2.5 Temperature Controllers
- 7.2.6 Microtomes Blades
- 7.2.7 Other System Components
- 7.3 North America Cryostat Market (2018-2034) by Country
- 7.3.1 United States of America
- 7.3.2 Canada
- 8 Europe Cryostat Market (218-2034)
- 8.1 Europe Cryostat Market (2018-2034) by Type
- 8.1.1 Market Overview
- 8.1.2 Closed Cycle Cryostats
- 8.1.3 Continuous Cycle Cryostats
- 8.1.4 Bath Cryostats
- 8.1.5 Multistage Cryostats
- 8.2 Europe Cryostat Market (2018-2034) by Components
- 8.2.1 Market Overview
- 8.2.2 Dewars
- 8.2.3 Transfer Tubes
- 8.2.4 Gas Flow Pumps
- 8.2.5 Temperature Controllers
- 8.2.6 Microtomes Blades
- 8.2.7 Other System Components
- 8.3 Europe Cryostat Market (2018-2034) by Country
- 8.3.1 United Kingdom
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Others
- 9 Asia Pacific Cryostat Market (218-2034)
- 9.1 Asia Pacific Cryostat Market (2018-2034) by Type
- 9.1.1 Market Overview
- 9.1.2 Closed Cycle Cryostats
- 9.1.3 Continuous Cycle Cryostats
- 9.1.4 Bath Cryostats
- 9.1.5 Multistage Cryostats
- 9.2 Asia Pacific Cryostat Market (2018-2034) by Components
- 9.2.1 Market Overview
- 9.2.2 Dewars
- 9.2.3 Transfer Tubes
- 9.2.4 Gas Flow Pumps
- 9.2.5 Temperature Controllers
- 9.2.6 Microtomes Blades
- 9.2.7 Other System Components
- 9.3 Asia Pacific Cryostat Market (2018-2034) by Country
- 9.3.1 China
- 9.3.2 Japan
- 9.3.3 India
- 9.3.4 ASEAN
- 9.3.5 Australia
- 9.3.6 Others
- 10 Latin America Cryostat Market (218-2034)
- 10.1 Latin America Cryostat Market (2018-2034) by Type
- 10.1.1 Market Overview
- 10.1.2 Closed Cycle Cryostats
- 10.1.3 Continuous Cycle Cryostats
- 10.1.4 Bath Cryostats
- 10.1.5 Multistage Cryostats
- 10.2 Latin America Cryostat Market (2018-2034) by Components
- 10.2.1 Market Overview
- 10.2.2 Dewars
- 10.2.3 Transfer Tubes
- 10.2.4 Gas Flow Pumps
- 10.2.5 Temperature Controllers
- 10.2.6 Microtomes Blades
- 10.2.7 Other System Components
- 10.3 Latin America Cryostat Market (2018-2034) by Country
- 10.3.1 Brazil
- 10.3.2 Argentina
- 10.3.3 Mexico
- 10.3.4 Others
- 11 Middle East and Africa Cryostat Market (218-2034)
- 11.1 Middle East and Africa Cryostat Market (2018-2034) by Type
- 11.1.1 Market Overview
- 11.1.2 Closed Cycle Cryostats
- 11.1.3 Continuous Cycle Cryostats
- 11.1.4 Bath Cryostats
- 11.1.5 Multistage Cryostats
- 11.2 Middle East and Africa Cryostat Market (2018-2034) by Components
- 11.2.1 Market Overview
- 11.2.2 Dewars
- 11.2.3 Transfer Tubes
- 11.2.4 Gas Flow Pumps
- 11.2.5 Temperature Controllers
- 11.2.6 Microtomes Blades
- 11.2.7 Other System Components
- 11.3 Middle East and Africa Cryostat Market (2018-2034) by Country
- 11.3.1 Saudi Arabia
- 11.3.2 United Arab Emirates
- 11.3.3 Nigeria
- 11.3.4 South Africa
- 11.3.5 Others
- 12 Regulatory Framework
- 12.1 Regulatory Overview
- 12.1.1 US FDA
- 12.1.2 EU EMA
- 12.1.3 INDIA CDSCO
- 12.1.4 JAPAN PMDA
- 12.1.5 Others
- 13 Patent Analysis
- 13.1 Analysis by Type of Patent
- 13.2 Analysis by Publication Year
- 13.3 Analysis by Issuing Authority
- 13.4 Analysis by Patent Age
- 13.5 Analysis by CPC Analysis
- 13.6 Analysis by Patent Valuation
- 13.7 Analysis by Key Players
- 14 Grants Analysis
- 14.1 Analysis by Year
- 14.2 Analysis by Amount Awarded
- 14.3 Analysis by Issuing Authority
- 14.4 Analysis by Grant Application
- 14.5 Analysis by Funding Institute
- 14.6 Analysis by NIH Departments
- 14.7 Analysis by Recipient Organization
- 15 Funding Analysis
- 15.1 Analysis by Funding Instances
- 15.2 Analysis by Type of Funding
- 15.3 Analysis by Funding Amount
- 15.4 Analysis by Leading Players
- 15.5 Analysis by Leading Investors
- 15.6 Analysis by Geography
- 16 Partnership and Collaborations Analysis
- 16.1 Analysis by Partnership Instances
- 16.2 Analysis by Type of Partnership
- 16.3 Analysis by Leading Players
- 16.4 Analysis by Geography
- 17 Regulatory Framework
- 17.1 Regulatory Overview
- 17.1.1 US FDA
- 17.1.2 EU EMA
- 17.1.3 INDIA CDSCO
- 17.1.4 JAPAN PMDA
- 17.1.5 Others
- 18 Supplier Landscape
- 18.1 Biosystems
- 18.1.1 Financial Analysis
- 18.1.2 Product Portfolio
- 18.1.3 Demographic Reach and Achievements
- 18.1.4 Mergers and Acquisition
- 18.1.5 Certifications
- 18.2 Cryomech Inc.
- 18.2.1 Financial Analysis
- 18.2.2 Product Portfolio
- 18.2.3 Demographic Reach and Achievements
- 18.2.4 Mergers and Acquisition
- 18.2.5 Certifications
- 18.3 Amos Scientific
- 18.3.1 Financial Analysis
- 18.3.2 Product Portfolio
- 18.3.3 Demographic Reach and Achievements
- 18.3.4 Mergers and Acquisition
- 18.3.5 Certifications
- 18.4 MEDITE
- 18.4.1 Financial Analysis
- 18.4.2 Product Portfolio
- 18.4.3 Demographic Reach and Achievements
- 18.4.4 Mergers and Acquisition
- 18.4.5 Certifications
- 18.5 Bright Instruments
- 18.5.1 Financial Analysis
- 18.5.2 Product Portfolio
- 18.5.3 Demographic Reach and Achievements
- 18.5.4 Mergers and Acquisition
- 18.5.5 Certifications
- 18.6 Dakewe Medical
- 18.6.1 Financial Analysis
- 18.6.2 Product Portfolio
- 18.6.3 Demographic Reach and Achievements
- 18.6.4 Mergers and Acquisition
- 18.6.5 Certifications
- 18.7 Jinhua YIDI Medical Appliance Co., Ltd.
- 18.7.1 Financial Analysis
- 18.7.2 Product Portfolio
- 18.7.3 Demographic Reach and Achievements
- 18.7.4 Mergers and Acquisition
- 18.7.5 Certifications
- 18.8 SLEE Medical GmbH
- 18.8.1 Financial Analysis
- 18.8.2 Product Portfolio
- 18.8.3 Demographic Reach and Achievements
- 18.8.4 Mergers and Acquisition
- 18.8.5 Certifications
- 18.9 Advanced Research Systems
- 18.9.1 Financial Analysis
- 18.9.2 Product Portfolio
- 18.9.3 Demographic Reach and Achievements
- 18.9.4 Mergers and Acquisition
- 18.9.5 Certifications
- 18.10 Lake Shore Cryotronics
- 18.10.1 Financial Analysis
- 18.10.2 Product Portfolio
- 18.10.3 Demographic Reach and Achievements
- 18.10.4 Mergers and Acquisition
- 18.10.5 Certifications
- 18.11 Epredia
- 18.11.1 Financial Analysis
- 18.11.2 Product Portfolio
- 18.11.3 Demographic Reach and Achievements
- 18.11.4 Mergers and Acquisition
- 18.11.5 Certifications
- 18.12 SM Scientific Instruments
- 18.12.1 Financial Analysis
- 18.12.2 Product Portfolio
- 18.12.3 Demographic Reach and Achievements
- 18.12.4 Mergers and Acquisition
- 18.12.5 Certifications
- 18.13 Medimeas
- 18.13.1 Financial Analysis
- 18.13.2 Product Portfolio
- 18.13.3 Demographic Reach and Achievements
- 18.13.4 Mergers and Acquisition
- 18.13.5 Certifications
- 18.14 Hacker Instruments & Industries
- 18.14.1 Financial Analysis
- 18.14.2 Product Portfolio
- 18.14.3 Demographic Reach and Achievements
- 18.14.4 Mergers and Acquisition
- 18.14.5 Certifications
- 18.15 Boeckeler Instruments Inc.
- 18.15.1 Financial Analysis
- 18.15.2 Product Portfolio
- 18.15.3 Demographic Reach and Achievements
- 18.15.4 Mergers and Acquisition
- 18.15.5 Certifications
- 18.16 Histo-line Laboratories
- 18.16.1 Financial Analysis
- 18.16.2 Product Portfolio
- 18.16.3 Demographic Reach and Achievements
- 18.16.4 Mergers and Acquisition
- 18.16.5 Certifications
- 18.17 Lupetec
- 18.17.1 Financial Analysis
- 18.17.2 Product Portfolio
- 18.17.3 Demographic Reach and Achievements
- 18.17.4 Mergers and Acquisition
- 18.17.5 Certifications
- 18.18 SciLab Co. Ltd.
- 18.18.1 Financial Analysis
- 18.18.2 Product Portfolio
- 18.18.3 Demographic Reach and Achievements
- 18.18.4 Mergers and Acquisition
- 18.18.5 Certifications
- 18.19 Cryofab, Inc.
- 18.19.1 Financial Analysis
- 18.19.2 Product Portfolio
- 18.19.3 Demographic Reach and Achievements
- 18.19.4 Mergers and Acquisition
- 18.19.5 Certifications
- 18.20 Precision Cryogenics
- 18.20.1 Financial Analysis
- 18.20.2 Product Portfolio
- 18.20.3 Demographic Reach and Achievements
- 18.20.4 Mergers and Acquisition
- 18.20.5 Certifications
- 18.21 AMETEK Scientific Instruments
- 18.21.1 Financial Analysis
- 18.21.2 Product Portfolio
- 18.21.3 Demographic Reach and Achievements
- 18.21.4 Mergers and Acquisition
- 18.21.5 Certifications
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