What is driving demand in the cryogenic tanks market and what does it mean for IVF laboratories sourcing storage equipment?
The global cryogenic tanks market has grown consistently over the past decade, driven by three converging pressures: the expansion of IVF treatment globally as more countries include fertility treatment within state healthcare provision, the growth of biobanking and cell therapy manufacturing which requires long-term biological storage at scale, and increasing demand from the energy sector for liquefied natural gas storage. For IVF laboratories, this growth creates both opportunity and risk at the procurement stage.
Opportunity because a larger market means more suppliers, more product variants, and in some cases more competitive pricing. Risk because a growing market attracts new entrants whose products may not meet the quality and compliance standards required for clinical biological storage. A cryogenic tank that performs adequately for industrial LNG applications may not carry the UKCA and CE marking, ISO 9001 certification, or MEA-tested consumable compatibility that HFEA-licensed IVF facilities require. When sourcing cryogenic storage equipment, the growth of the wider market is not a reliable signal of suitability for clinical use. We supply cryogenic storage vessels specified exclusively for biological and clinical applications, UKCA and CE marked, ISO 9001:2015 certified, and backed by 40 years of supply to the UK IVF sector. Contact Cryolab to discuss vessel selection for your facility.
