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US Cryostat Market (2022-2027) by Type, System Component, Cryogen, Industry, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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  • 191 Pages
  • March 2022
  • Region: United States
  • Infogence Global Research
  • ID: 5585887

The US Cryostat Market is estimated to be USD 627.45 Mn in 2022 and is projected to reach USD 944.77 Mn by 2027, growing at a CAGR of 8.53%.

Market dynamics are forces that impact the prices and behaviors of the US Cryostat Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The US Cryostat Market is segmented based on Type, System Component, Cryogen, and Industry

  • By Type, the market is classified into Closed-Cycle Cryostats, Continuous-Flow Cryostats, Bath Cryostats, and Multistage Cryostats.
  • By System Component, the market is classified into Dewars, Transfer Tubes, Gas Flow Pumps, Temperature Controllers, High Vacuum Pumps, Microtome Blades, and Others.
  • By Cryogen, the market is classified into Helium, Nitrogen, and Others.
  • By Industry, the market is classified into Healthcare, Energy & Power, Aerospace, Metallurgy, Biotechnology, Forensic Science, Marine Biology, and Others.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Advanced Medical and Optical Systems (AMOS), Advanced Research Systems Inc, AMOS Scientific Pty Ltd, Atico Medical Pvt Ltd, Bright Instruments Cryomech Inc, etc.

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US Cryostat Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.

The analyst analyses the US Cryostat Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.

Based on the SWOT analysis conducted on the industry and industry players, The analyst has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the US Cryostat Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including the parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the US Cryostat Market

What is the estimated value of the US Cryostat Market?

The US Cryostat Market was estimated to be valued at $627.45 Million in 2022.

What is the growth rate of the US Cryostat Market?

The growth rate of the US Cryostat Market is 8.5%, with an estimated value of $944.77 Million by 2027.

What is the forecasted size of the US Cryostat Market?

The US Cryostat Market is estimated to be worth $944.77 Million by 2027.

Who are the key companies in the US Cryostat Market?

Key companies in the US Cryostat Market include Advanced Medical and Optical Systems (AMOS), Advanced Research Systems Inc, AMOS Scientific Pty Ltd, Atico Medical Pvt Ltd, Bright Instruments Cryomech Inc, Janis Research Company LLC, Jinhua Yidi Medical Appliance Co. Ltd, Leica Biosystems Nussloc GmbH, Shenyang Longshou Electronic Instrument Co. Ltd and Slee Medical GmbH.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Rising Use of Cryostats in MRI Machines
4.1.2 Increasing in the Production of Liquefied Natural Gas
4.2 Restraints
4.2.1 High Input Power Consumption
4.3 Opportunities
4.3.1 Growing Demand in Aerospace Applications
4.3.2 Increasing Usage of Natural Gas Pipelines
4.4 Challenges
4.4.1 Leakage of Cryogen Gases
4.4.2 Limited Availability of Helium and Environmental Concerns
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US Cryostat Market, By Type
6.1 Introduction
6.2 Closed-Cycle Cryostats
6.3 Continuous-Flow Cryostats
6.4 Bath Cryostats
6.5 Multistage Cryostats
7 US Cryostat Market, By System Component
7.1 Introduction
7.2 Dewars
7.3 Trasfer Tubes
7.4 Gas Flow Pumps
7.5 Temperature Controllers
7.6 High Vacuum Pumps
7.7 Microtome Blades
7.8 Others
8 US Cryostat Market, By Cryogen
8.1 Introduction
8.2 Helium
8.3 Nitogen
8.4 Others
9 US Cryostat Market, By Industry
9.1 Introduction
9.2 Healthcare
9.3 Energy & Power
9.4 Aerospace
9.5 Metallurgy
9.6 Biotechnology
9.7 Forensic Science
9.8 Marine Biology
9.9 Others
10 Competitive Landscape
10.1 Competitive Quadrant
10.2 Market Share Analysis
10.3 Strategic Initiatives
10.3.1 M&A and Investments
10.3.2 Partnerships and Collaborations
10.3.3 Product Developments and Improvements
11 Company Profiles
11.1 Advanced Medical and Optical Systems (AMOS)
11.2 Advanced Research Systems Inc
11.3 AMOS Scientific Pty Ltd
11.4 Atico Medical Pvt Ltd
11.5 Bright Instruments Cryomech Inc
11.6 Janis Research Company LLC
11.7 Jinhua Yidi Medical Appliance Co. Ltd
11.8 Leica Biosystems Nussloc GmbH
11.9 Shenyang Longshou Electronic Instrument Co. Ltd
11.10 Slee Medical GmbH
11.11 Thermo Fisher Scientific Inc
12 Appendix
12.1 Questionnaire

Companies Mentioned

  • Advanced Medical and Optical Systems (AMOS)
  • Advanced Research Systems Inc
  • AMOS Scientific Pty Ltd
  • Atico Medical Pvt Ltd
  • Bright Instruments Cryomech Inc
  • Janis Research Company LLC
  • Jinhua Yidi Medical Appliance Co. Ltd
  • Leica Biosystems Nussloc GmbH
  • Shenyang Longshou Electronic Instrument Co. Ltd
  • Slee Medical GmbH
  • Thermo Fisher Scientific Inc