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North America Laboratory Freezers Market Research Report - Segmented By Product, By End User & By Country (U.S., Canada & Rest of North America) - Industry Analysis, Size, Share, Trends & Growth Forecast (2022 to 2027)

Published: January, 2022
ID: 3325
Pages: 125

North America Laboratory Freezers Market Size (2022 to 2027):

As per our report, the size of the North America Laboratory Freezers Market is forecasted to worth USD 1.45 billion by 2027 from USD 1.13 billion in 2022, registering a CAGR of 5.02% between 2022 to 2027. North America had the highest no. Share in the global market in 2019 and is mostly driven by medical concerns. The USA has the highest demand, followed by Canada and Mexico in North America.

An estimated 95 organ transplants are happening in the United States every day. The number of organ transplantation methods is also simultaneously increasing, as per the U.S. Department of Health and Human Services data. The requirement levels of the blood components are rising year-by-year, and this factor is estimated to provide a substantial boost to the growth rate of the market in North America.

Y-O-Y growth in the incidence of blood-related disorders in the North American countries is estimated to drive growth to the market during the forecast period. This particular segment is receiving government support from North American countries to enhance technologically updated products, which is a positive sign to the market to hike further.

Increasing awareness of having laboratory freezers in this region is a supporting factor in market growth. Many government schemes and growing awareness about blood donation add fuel to the increase in demand for laboratory freezers in the United States and Canada.

The cost of the laboratory freezers is high and is an essential factor that may limit the growth rate of the market to reach its heights. An increase in the utilization of refurbished equipment is hampering market growth to a small extent. Lack of skilled labor and experienced professionals required to perform transplant surgeries also negatively impact the North American laboratory freezers market.

This research report on the North American laboratory freezers market segmented and sub-segmented into the following categories:

  • By Product: Ultra-Low Freezer, Blood Bank Refrigerator, Pharmacy Refrigerator, Cryopreservation, Plasma Freezer, Explosion-Proof Freezer, Enzyme Freezer, And Chromatography Refrigerator
  • By End User: Blood Banks, Pharmaceutical & Biotechnology Companies, Academic & Research Institutes, Medical Laboratories, Hospitals, Pharmacies           
  • By Country: The United States, Canada, and Rest of North America

Regional Analysis:

North America is estimated to dominate the other regions in the global market during the forecast period. The market in this region is strongly driven by the increasing &R & D activities among the pharmaceutical and biotechnology companies, developed healthcare infrastructure, and growing organ transplant processes. The existence of vastly enhanced healthcare systems in the region is likely to fuel market growth over the period. 

The United States is one of the significant contributors to the region's laboratory freezers market during the analysis period. The rise in the senior population and the increase in medical tourism are augmenting the region's growth. The growth in the U.S is attributed because of huge expenses made in healthcare, surging research and development activities for pharmaceutical and life sciences industries, and developed healthcare infrastructure. 

Canada is the next to leading the dominant shares of the market. A burgeoning number of trauma cases as a patient is desperately in need of blood, and the launch of new products comprising new useful features are some factors boosting the growth.

Companies playing a dominant role in the North America Laboratory Freezers Market profiled in this report are 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.), and Panasonic Healthcare Co., Ltd. (Japan).

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 United States         

                6.3 Canada      

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           

  1. North America Laboratory Freezers Market, By Product Type, From 2022 - 2027 (USD Billion)
  2. North America Freezers Market, By Region, From 2022 - 2027 (USD Billion)
  3. North America Refrigerators Market, By Region, From 2022 - 2027 (USD Billion)
  4. North America Laboratory Freezers Market, By End User, From 2022 - 2027 (USD Billion)
  5. North America Blood Banks Market, By Region, From 2022 - 2027 (USD Billion)
  6. North America Pharmaceutical & Biotechnology Companies Market, By Region, From 2022 - 2027 (USD Billion)
  7. North America Academic & Research Institutes Market, By Region, From 2022 - 2027 (USD Billion)
  8. North America Medical Laboratories Market, By Region, From 2022 - 2027 (USD Billion)
  9. North America Hospitals Market, By Region, From 2022 - 2027 (USD Billion)
  10. North America Pharmacies Market, By Region, From 2022 - 2027 (USD Billion)
  11. United States Laboratory Freezers Market, By Product Type, From 2022 - 2027 (USD Billion)
  12. United States Laboratory Freezers Market, By End User, From 2022 - 2027 (USD Billion)
  13. Canada Laboratory Freezers Market, By Product Type, From 2022 - 2027 (USD Billion)
  14. Canada Laboratory Freezers Market, By End User, From 2022 - 2027 (USD Billion)

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