Rising Demand for Egg and Sperm Preservation Coupled With Increasing Organ Transplants is Propelling the Growth of the Global Cryonics Technology Market

Published: May 2022

The global cryonics technology market is anticipated to grow significantly at a CAGR of 10.1% during the forecast period. Egg preservation/freezing, also known as mature oocyte cryopreservation, is a method used to save women's ability to get pregnant in the future. These preserved eggs can be combined with sperm in a lab and implanted in a female’s uterus for pregnancy. The factors such as increasing infertility, late pregnancy, and late marriage are propelling demand for egg preservation/ freezing, which in turn is further increasing the growth of the cryonics market across the globe. Infertility is a disease of the male or female reproductive system failure to achieve a pregnancy after 12 months or more.

Carrying pregnancy at an advanced age has complications, thus this technology can aid in the situation it is an easily approachable and affordable process With the development and advancement in oocyte freezing techniques. According to WHO's latest data, around 48 million couples, and 186 million individuals have infertility globally, and a further 15% of married couples across the globe are affected by infertility. Environmental and lifestyle aspects such as smoking, excessive alcohol consumption, obesity, and exposure to environmental impurities have been associated with lower fertility rates.

Browse the full report description “Global Cryonics Technology Market Size, Share & Trends Analysis Report by Cryoprotective Agents (Permeating Cryoprotectants and Non-Permeating Cryoprotectants), by Method (Slow Freezing, Vitrification, and Ultra-Rapid), by Application (Animal Husbandry, Fishery Science, Medical Science, Preservation of Microbiology Culture, and Conserving Plant Biodiversity), and by End-User (Life Science and Healthcare Facilities, and Research Laboratories) Forecast Period (2022-2028)” at https://www.omrglobal.com/industry-reports/cryonics-technology-market

Increasing organ transplants is considered to be te another factor that is supporting the growth of the cryonics market across the globe. According to Health Resources & Services Administration (HRSA), around 40,000+ transplants were performed in 2021 in the US, and another 106, 162 patients are on the waiting list, which is increasing the growth of the cryonics market.

Market Coverage

  • The market number available for – 2022-2028
  • Base year- 2021
  • Forecast period- 2022-2028

Segment Covered-

  • By Cryoprotective Agents
  • By Method
  • By Application
  • By End-User

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Competitive Landscape- Bio-Rad Laboratories Inc., GE HEALTHCARE, OREGON CRYONICS, Merck KGaA, and others.

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment/region dominates the market in the base year?
  • Which segment/region will project the fastest growth in the market?
  • How has COVID-19 impacted the market?

oRecovery Timeline

oDeviation from the pre-COVID forecast

oMost affected region/segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global Cryonics Technology Market– Segmentation

By Cryoprotective Agents

  • Permeating cryoprotectants
  • Non-permeating cryoprotectants

By Method 

  • Slow freezing
  • Vitrification
  • Ultra-rapid

By Application 

  • Animal husbandry
  • Fishery science
  • Medical science
  • Preservation of microbiology culture
  • Conserving plant biodiversity

By end-user

  • Life science and healthcare facilities
  • Research laboratories 

Global Cryonics Technology Market by Region 

North America           

  • US
  • Canada

Europe

  • Germany
  • United Kingdom
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia-Pacific    

  • China
  • Japan
  • India
  • Rest of Asia-Pacific

Rest of the World

  • Middle East & Africa 
  • Latin America 

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