Cryostat is a device
or system which is used to maintain an object or sample at low
cryogenic temperature. Cryostat maintains low temperature by
thermally isolating an object from room temperature with the help of
cryogenic fluids such as liquid helium or liquid nitrogen. In
addition, cryostat often find their use in healthcare applications
such as spectroscopy, storing and maintaining frozen tissues, and
magnetic resonance imaging (MRI). Cable cryostat is used in
superconducting transmission and distribution cable systems in order
to maintain proper operating conditions. Many manufacturers of
cryostat are delivering a superconducting cable cryostat for
transmission and distribution of electricity. In addition, companies
are developing cryostat machines with Ultraviolet C (UVC)
disinfection for enhanced safety and efficiency.
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The growth of global
Cryostat Market is mainly
driven by the demand for advance and effective healthcare procedures
for diagnosis across the world especially in nascent economies. In
addition, the requirement for storing and maintaining tissue samples
for research and diagnosis purpose in medical facilities and
laboratories is increasing which in turn is paving demand for global
cryostat market. Moreover, cryostat systems are expected to see large
scale adoption due to increasing healthcare industry, and enhancing
diagnostics in healthcare procedures. The demand for cryostats are
anticipated to increase due to growing natural gas imports as well.
The market growth is further supported by the rising demand for
superconducting system in energy sector due to massive adoption of
natural gas pipelines for transmission. Moreover, companies are
emphasizing on development of cryostat machines in order to enhance
the efficiency to provide fast and accurate diagnostics thereby
boosting the market demand worldwide. However, a major drawback in
cryostat systems is an occurrence of freeze artifacts during the
frozen section procedure during the tissue diagnosis. Freeze artifact
is a side-effect of procedure carried in cryostat system damaging the
tissue samples. Furthermore, frequent heat losses in cryostat and
requirement of high input power are expected to restrain the large
scale adoption of cryostat systems. The increasing demand for
cryogenic systems for aerospace and astronomy are expected to provide
opportunities for cryostat market in the future.
The global cryostat
market is categorized by product type, by cryogen liquid, by industry
vertical, and by geography. By product type, the cryostat market has
been classified into continuous-flow cryostat, closed-cycle cryostat,
bath cryostat, and multistage cryostat. Based on the cryogen liquid,
cryostat market is segmented into nitrogen, helium, and other (argon,
neon). By industry vertical, cryostat market is segmented into
healthcare, aerospace, biotechnology, energy, and others
(metallurgy). On the basis of geography, cryostat market is segmented
into North America, Europe, Asia Pacific, South America, and Middle
East & Africa. The growth of cryostat market in North America and
Europe is mainly driven by the increasing adoption of cryogenic
systems for cooling in multiple industrial sectors such as energy,
and aerospace. In addition, significant developments in advance
healthcare services in these regions have led to the wide spread use
of cryostat.
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The major players in
global 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., Hacker
Instruments & Industries, Inc., Janis Research Company, LLC,
Leica Biosystems Nussloch GmbH, Slee Medical GmbH, and Thermo Fisher
Scientific Inc.
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