This Global Biomedical Refrigerators Freezers market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Global Biomedical Refrigerators Freezers market.
Biomedical refrigerators and freezers are medical equipment, used for storing various biological samples such as biological reagents, blood, blood derivatives, medicines, vaccines, deoxyribonucleic acid (DNA), ribonucleic acid (RNA), and flammable chemicals. Samples with biological origin require precise conditions for effective storage. In comparison with domestic refrigerators and freezers, biomedical refrigerators and freezers provide optimum conditions for efficient storage of samples with biological origin. Biomedical refrigerators and freezers are widely used in blood banks, hospitals, diagnostic centers, research laboratories, educational institutes, etc. Based on temperature range, commercially available biomedical refrigerators and freezers offer different applications. For example, ultra-low temperature freezers with temperature range between -70 to -80 and low are used for prolonged storage of biomedical samples such as DNA and RNA. Plasma freezers offer temperature range between -30°C to -40°C and hence, are preferred for the storage of plasma products, whole blood and vaccines. Blood bank refrigerators are suited for the storage of whole blood or blood component products. However, the blood bank refrigerators segment contributes the largest market share for the global biomedical refrigerators and freezers market. The blood bank refrigerators segment is mainly driven by steady rise in the number of blood banks in developing and developed regions and the presence of stringent regulatory requirements. On the other hand, laboratory, medical freezers and pharmacy segments are expected to grow with fastest CAGR during the forecast period.
- Identify Key Market Forces and their Long-Term Forecast
- Sneak Peek into Key Forecast Factors and thier Impact
COVID -19 : Impact Analysis
Request the coronavirus impact analysis across industries and markets
Request Covid -19 ImpactThe global biomedical refrigerator and freezer market is expected to grow at a single digit CAGR during the forecast period (2015-2025).
Global Biomedical Refrigerators and Freezers Market: Drivers and Restraints
Factors driving the global biomedical refrigerators and freezers market, are increasing demand for blood transfusions, custom-made medicines and vaccines, and cellular therapies. In addition, rising research and development activities in the field of medical science are driving the acceptance of biomedical refrigerators and freezers in research and educational institutes. Also, with increased funding from various sources and R&D activities in the pharmaceutical sector up-surged the use of biomedical refrigerators and freezers.
Factors restraining the global refrigerator and freezers market includes, presence of large number of local players offering cheaper products than branded products, and rising trend of using refurbished equipment worldwide due to its cheaper price.
Global Biomedical Refrigerators and Freezers Market: Overview
With rapid technological advancement and with augmentation of various technological and infrastructural up gradation of clinics, hospitals and research laboratories, the global biomedical refrigerators and freezers is expected to have a substantial growth in the forecast period (2015-2025).
Global Biomedical Refrigerators and Freezers Market: Region - wise Outlook
North America accounts for the largest share of the global biomedical refrigerators and freezers market, and is expected to dominate the market in the forecast period. Factors contributing to the growth of global biomedical refrigeration and freezers market in North America are presence of large number of healthcare facilities and the rising demand for these equipment’s. However, Asia-Pacific is expected to be the fastest growing region for the biomedical refrigerators and freezers market. This growth is attributed to the rising number of blood banks, increasing number of healthcare facilities, rising initiatives of blood donation programs and presence of market growth oriented regulatory policies. Increasing tourism in emerging countries further promotes healthcare spending into biomedical refrigerators and freezers market.
Global Biomedical Refrigerators and Freezers Market: Key Players
Key players in global biomedical refrigerators and freezers market are, Aegis Scientific, Inc., ARCTIKO A/S, ThermoFisher Scientific, Inc., Binder GmbH, BioMedical Solutions, Inc., Bionics Scientific Technologies (P) Ltd., Coldway, DESMON S.p.A, Eppendorf AG, Froilabo SAS, Panasonic Healthcare Co., Ltd., Philipp Kirsch GmbH, LabRepCo, Inc., Gram Commercial A/S, and Venktron Electronics Co. Ltd.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.
The report covers exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Unique Requirements? Customize this Report
- Customize by Region, Country, Application, Product, & other segments
- Integrate our Insights with your Existing Data
- Determine the scope of the study to suit your requirements
Let FMI Help You!
- Gain Insights on Key Global Biomedical Refrigerators Freezers Market Impacting Forces
- Know the Winning Strategies of Market Leaders
- Get Deep-Dive Analysis on Each Segment
- Identify the Sources that will Drive Top-Line Revenue
Global Biomedical Refrigerators and Freezers Market: Segmentation
Global biomedical refrigerators and freezers market can be segmented on the basis of its type, end users and geography.
By Type:
- Blood Bank Refrigerators
- Laboratory Refrigerators
- Plasma Freezers
- Ultra Low Freezers
- Laboratory Freezers
- Shock Freezers
- Cryogenic Storage Systems
By End Users:
- Hospitals
- Pharmacies
- Diagnostic Centers
- Research Laboratories
- Blood Banks
- Others
Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Frequently Asked Questions
Why choose FMI?
- With a global presence and a trusted partner to several Fortune 500 firms, FMI covers 1 billion+ data points to build a diversified portfolio for market benchmarking
- Market Reports researched and peer reviewed by industry experts from across the globe
- We follow a multi-dimensional method of analysis monitoring a three-layer data validation process
- In addition to demand-side market assessment, our data triangulation methodology involves supply-side research
- Primary research includes mandatory field interviews with stakeholders involved
- Customizing reports according to client specification is also our forte
What will you discover from Global Biomedical Refrigerators Freezers Market report?
- The current and future market size, covering each aspect and nuanced trends across key national and geographic markets
- An overview of the market report, providing an imperative visual of the varied market subdivisions and overall forecast statistics in terms of value and volume
- Extensive database and key dynamics elevating the market with varied verticals associated
- Underlying Global Biomedical Refrigerators Freezers Market forces that are compelling consumers or businesses to purchase the product
- How novel technologies and consumer-centric innovations will create new value-adding opportunities for companies active in the Global Biomedical Refrigerators Freezers Market
- What will be environment and regulatory impacts on the market over the next decade
Which framework has been used to develop the Global Biomedical Refrigerators Freezers Market report?
- Investment Feasibility Matrix - It shows returns on investment, level of competition, success rate of investment, and potential risks associated with the market. The analysis shows that the competition is high in the established market, while the returns for short-term investment are also taken into consideration
- Relative Maturity Mapping – The relative maturity is measured according to three growth phases (growth, maturity, decline)
- Relative PLC (Product Life Cycle) – Analysis of the emergence of prominent players and competitive test prices which are driving factors behind every market. (expected market behavior, observed market behavior, expected market performance, observed market performance)