Sweden Cell Cryopreservation Market Size & Outlook

The cell cryopreservation market in Sweden is expected to reach a projected revenue of US$ 654.6 million by 2030. A compound annual growth rate of 19.6% is expected of Sweden cell cryopreservation market from 2024 to 2030.
Revenue, 2023 (US$M)
$186.9
Forecast, 2030 (US$M)
$654.6
CAGR, 2024 - 2030
19.6%
Report Coverage
Sweden

Sweden cell cryopreservation market highlights

  • The Sweden cell cryopreservation market generated a revenue of USD 186.9 million in 2023 and is expected to reach USD 654.6 million by 2030.
  • The Sweden market is expected to grow at a CAGR of 19.6% from 2024 to 2030.
  • In terms of segment, consumables was the largest revenue generating product in 2023.
  • Freezing Media is the most lucrative product segment registering the fastest growth during the forecast period.

Cell cryopreservation market data book summary

Market revenue in 2023USD 186.9 million
Market revenue in 2030USD 654.6 million
Growth rate19.6% (CAGR from 2023 to 2030)
Largest segmentConsumables
Fastest growing segmentFreezing Media
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationFreezing Media, Equipment, Consumables
Key market players worldwideThermo Fisher Scientific Inc, Merck KGaA, Sartorius AG, PromoCell GmbH, Lonza Group Ltd, Corning Inc, BioLife Solutions Inc, HiMedia Laboratories, Creative-Biolabs

Other key industry trends

  • In terms of revenue, Sweden accounted for 2.0% of the global cell cryopreservation market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Europe, Germany cell cryopreservation market is projected to lead the regional market in terms of revenue in 2030.
  • UK is the fastest growing regional market in Europe and is projected to reach USD 1,827.2 million by 2030.

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Cell Cryopreservation Market Companies

Name Profile # Employees HQ Website

Sweden cell cryopreservation market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cell cryopreservation market will help companies and investors design strategic landscapes.


Consumables was the largest segment with a revenue share of 40.77% in 2023. Horizon Databook has segmented the Sweden cell cryopreservation market based on freezing media, equipment, consumables covering the revenue growth of each sub-segment from 2018 to 2030.


  • Sweden Cell Cryopreservation Product Outlook (Revenue, USD Million, 2018-2030)
    • Freezing Media
      • Dimethyl Sulfoxide
      • Glycerol
      • Ethylene Glycol
      • Others
    • Equipment
      • Freezers
      • Liquid Nitrogen Supply Tanks
      • Incubators
    • Consumables
      • Cryogenic Vials
      • Cryogenic Tubes
      • Cooler Boxes/Conatiners
      • Others
  • Sweden Cell Cryopreservation Application Outlook (Revenue, USD Million, 2018-2030)
    • Stem Cells
    • Oocytes and Embryotic cells
    • Sperm Cells
    • Hepatocytes
    • Others
  • Sweden Cell Cryopreservation End Use Outlook (Revenue, USD Million, 2018-2030)
    • Biopharmaceutical & Pharmaceutical Companies
    • Research Institutes
    • Biobanks
    • IVF clinics
    • Others

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Horizon Databook provides a detailed overview of country-level data and insights on the Sweden cell cryopreservation market, including forecasts for subscribers. This country databook contains high-level insights into Sweden cell cryopreservation market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Sweden cell cryopreservation market report size, by product, 2018-2030 (US$M)

Sweden Cell Cryopreservation Market Share, 2023 & 2030 (US$M)

Sweden cell cryopreservation market report size, by product, 2018-2030 (US$M)

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