Biomedical Refrigerators and Freezers Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Product (Pass-Through, Explosion Safe, Flammable storage, Combo/Dual Temperature, Ultra Low freezers, Plasma freezers, Others), By Storage (Blood, Vaccines, Plasma, DNA, Flammable chemicals, Others), By Temperature (RNA & DNA (-70°C to -80°C), Vaccines (-30°C to -40
Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request CustomizationBiomedical Refrigerators and Freezers Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027 Segmented By Product (Pass-Through, Explosion Safe, Flammable storage, Combo/Dual Temperature, Ultra Low freezers, Plasma freezers, Others), By Storage (Blood, Vaccines, Plasma, DNA, Flammable chemicals, Others), By Temperature (RNA & DNA (-70°C to -80°C), Vaccines (-30°C to -40
The global market for biomedical refrigerators and freezers was valued at USD2.88 billion in 2019 and is projected to grow at a CAGR of 4.72% in value terms during the forecast period. Biomedical refrigerators and freezers have the capabilities to store the biological samples like blood and urine at the desired low temperatures for diagnosis and testing purposes. Rise in number of blood banks all over the world calls for biomedical refrigerators and freezers to provide high quality samples to the patients. Additionally, biomedical refrigerators and freezers are environmentally friendly as they release less GHG in the atmosphere, which is anticipated to positively impact the growth of the market until 2027. However, the high installation cost is a major restraining factor of this market.
Government Initiatives
Rising number of government initiatives for research activities and clinical trials in emerging countries is expected to drive the biomedical refrigerators and freezers market. Furthermore, growing consciousness about blood donations and initiatives taken by governments to promote donation are expected to positively influence the overall market during the forecast period.
Increase in the Number of R&D Activities
Technological Innovations
Technological advancements in healthcare grade refrigerators and freezers are also anticipated to drive the growth of the biomedical refrigerators and freezers market during the forecast period. For e.g., Blood Bank Information Systems (BBIS) are computer systems that have been developed specifically to assist the blood bank professionals in management of the patients, the donors and blood component information. BBIS helps to assess trends and decide future policies by accessing the statistical information and to correlate the laboratory data with donor records.
Market Segmentation
The global biomedical refrigerators and freezers market is segmented on the basis of
As of 2021, North America held
Major
| Attribute | Details | |
| Base Year | 2021 | |
| Historical Data | 2017 – 2020 | |
| Estimated Year | 2022 | |
| Forecast Period | 2023 – 2027 | |
| Quantitative Units | Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F |
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| Report coverage | Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends |
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| Segments covered | · Product · Storage · Temperature · Capacity · End User | |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa | |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Singapore; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Brazil, Argentina, Colombia | |
| Key companies profiled | Thermo Fisher Scientific Inc., Terumo BCT, Inc., Eppendorf AG, PHC Corporation, Haier Inc., Arctiko A/S, Binder GmbH, Bionics Scientific Technologies (P) Inc., Desmon S.p.A., Froilabo- Techcomp Group, Helmer Scientific, Inc., Migali Industries, Inc., Sofrigam SA, Philipp Kirsch GmbH, Cornerstone Capital Holding, Marvel Refrigeration, Liebherr International AG, Follett LCC., B Medical Systems S.Ã r.l., Biobase Corporation. | |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. | |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options | |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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