According to the report, the size of the Global Laboratory Freezers Market is worth USD 3.08 billion in 2019 and estimated to grow at a CAGR of 4.8%, to reach USD 3.89 billion by 2024.
The global Laboratory Freezers market is developing at an exceptionally quick pace. Laboratory refrigerators are used to cool samples or specimens for preservation. They are refrigeration units for storing blood plasma and other blood products, vaccines and other medical and pharmaceutical supplies. They need to be totally hygienic and completely reliable and thus differ from standard refrigerators used in homes/restaurants. There are four types of laboratory refrigerators - Explosion-proof refrigerators, Blood bank refrigerators, Chromatography refrigerators, and Lab fridges.
Market Drivers
The significant drivers for the Laboratory Freezers market are rising geriatric population, technical augmentation, infrastructural up-gradation in healthcare facilities and research laboratories, and rise in medical tourism will drive the global biomedical refrigerators and freezers market size. Developments in regenerative medication, drug discovery and bio-banking techniques coupled with increasing research activities in the field of biomedical sciences should boost the development of advanced products.
Key Challenges
However, the existence of a big number of local players providing cheaper refurbished equipment, maintenance costs, and energy costs of biomedical refrigerators and freezers limit this industry.
REPORT COVERAGE
|
REPORT METRIC |
DETAILS |
|
Market Size Available |
2018 – 2024 |
|
Base Year |
2018 |
|
Forecast Period |
2019 – 2024 |
|
Segments Analysed |
By Product, Type, By End User |
|
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
|
Regions Analysed |
North America, Europe, Asia Pacific, Latin America, Middle East, and Africa |
|
Companies Analysed |
VWR Corporation (U.S.), ARCTIKO A/S (Europe), Biomedical Solutions Inc. (U.S.), EVERmed S.R.L. (Italy), Philipp Kirsch GmbH (Germany), Thermo Fisher Scientific Inc. (U.S.), Haier Biomedical (China), Eppendorf AG (Germany), Helmer Scientific (U.S.), Panasonic Healthcare Co., Ltd. (Japan) |
This research report on Global Laboratory Freezers Market segmented and sub-segmented into the following categories and evaluate market size and forecast to each segment until 2024.
Laboratory Freezers Market – By Product Type:
On the basis of Product Type, the Blood bank refrigerators were most valued in 2016, because of rising government expenditure, growing number of surgical procedures and rising demand for blood bank refrigerators in scientific, medical and research sectors. Laboratory refrigerators, freezers, and ultra-low temperature freezers are also expected to witness substantial growth during the forecast period.
Laboratory Freezers Market – By End User:
Regional Analysis
Regionally, North America is estimated to constitute the largest share in this market, while the Asia Pacific region is expected to witness the fastest growth and overtake North America, being the second-largest shareholder for the market during the forecast period.
Companies leading the Global Laboratory Freezers Market are:
Key highlights and Report Offers:
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Product Type
5.1.1 Introduction
5.1.2 Freezers
5.1.2.1 Enzyme Freezers
5.1.2.2 Plasma Freezers
5.1.2.3 Explosion-Proof Freezers
5.1.2.4 Flammable Material Freezers
5.1.2.5 Laboratory Freezers
5.1.2.6 Ultra-Low-Temperature Freezers
5.1.3 Refrigerators
5.1.3.1 Blood Bank Refrigerators
5.1.3.2 Chromatography Refrigerators
5.1.3.3 Explosion-Proof Refrigerators
5.1.3.4 Flammable Material Refrigerators
5.1.3.5 Laboratory Refrigerators
5.1.3.6 Pharmacy Refrigerators
5.1.4 Y-o-Y Growth Analysis, By Product Type
5.1.5 Market Attractiveness Analysis, By Product Type
5.1.6 Market Share Analysis, By Product Type
5.2 End User
5.2.1 Introduction
5.2.2 Blood Banks
5.2.3 Pharmaceutical & Biotechnology Companies
5.2.4 Academic & Research Institutes
5.2.5 Medical Laboratories
5.2.6 Hospitals
5.2.7 Pharmacies
5.2.8 Y-o-Y Growth Analysis, By End User
5.2.9 Market Attractiveness Analysis, By End User
5.2.10 Market Share Analysis, By End User
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Product Type
6.1.3.3 By End User
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Product Type
6.1.4.3 By End User
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Product Type
6.1.5.3 By End User
6.2 North America
6.2.1 Introduction
6.2.2 United States
6.2.3 Canada
6.3 Europe
6.3.1 Introduction
6.3.2 U.K
6.3.3 Spain
6.3.4 Germany
6.3.5 Italy
6.3.6 France
6.4 Asia-Pacific
6.4.1 Introduction
6.4.2 China
6.4.3 India
6.4.4 Japan
6.4.5 Australia
6.4.6 South Korea
6.5 Latin America
6.4.1 Introduction
6.4.2 Brazil
6.4.3 Argentina
6.4.4 Mexico
6.4.5 Rest of Latin America
6.6 Middle East & Africa
6.6.1 Introduction
6.6.2 Middle-East
6.6.3 Africa
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Panasonic Healthcare Co., Ltd.
8.1.1 Overview
8.1.2 Product Type Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Philipp Kirsch GmbH
8.3 Evermed S.R.L.
8.4 Biomedical Solutions Inc.
8.5 Arctiko A/S
8.6 VWR Corporation
8.7 Thermo Fisher Scientific, Inc.
8.8 Helmer Scientific
8.9 Haier Biomedical
8.10 Eppendorf AG
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
Related Reports
Aug 2019
Download Sample
Aug 2019
Download Sample
Aug 2019
Download Sample
Aug 2019
Download Sample
