Corning Incorporated

Cryovials Market to Hit $0.31B by 2031 on Cell Therapy Demand

Delray Beach, Fla. – September 16, 2026 -- The global cryovials market is projected to grow from $0.24 billion in 2026 to $0.31 billion by 2031, expanding at a compound annual growth rate of 5.5%, according to MarketsandMarkets.

Cell and gene therapy demand drives fastest-growing application segment

The cell and gene therapy segment is set to register the highest CAGR among applications at 8.0%, fueled by expanding commercialization of CAR-T cell therapies, stem cell treatments, and gene-modified therapies. These advanced therapies require secure cryogenic storage across collection, processing, manufacturing, transportation, and administration to preserve cell viability. Manufacturers scaling from clinical to commercial production are prioritizing sterile, barcoded cryovials with secure closure systems compatible with automated storage.

Laboratory Mixers Market to Hit $2.74B by 2031, Says MarketsandMarkets

Delray Beach, Fla. – September 11, 2026 -- The global laboratory mixers market is projected to reach USD 2.74 billion by 2031, up from USD 2.27 billion in 2026, growing at a compound annual rate of 3.5%, according to a new report from MarketsandMarkets.

Asia Pacific to outpace global growth with 6.5% CAGR

The Asia Pacific region is forecast to grow at a 6.5% CAGR through 2031, outpacing the global average, driven by expanding research laboratory capacity and biopharmaceutical development. North America is expected to retain the largest overall market share in 2031, supported by a dense concentration of research universities, biomedical institutes, contract research organizations, and clinical laboratories that maintain a large installed base of vortex mixers, magnetic stirrers, shakers, and thermal mixers.