Global Biomedical Refrigerators and Freezers Market: Sales to Remain High Through Hospitals Till 2022

Posted on 2018-06-22 by Mark Hub in Healthcare // 0 Comments

ROCKVILLE, US, 2018-Jun-22 — /EPR Network/ — Growth of the global biomedical refrigerators and freezers market is mainly bound to various macro-economic and micro-economic factors. Prevalence of various disorders is projected to boost demand for vaccines in various healthcare institutions. Treatment of various diseases will also continue to boost demand for blood and derivatives of blood. Biomedical freezers and refrigerators is projected to witness significant demand in the research laboratories, blood banks, educational institutions, hospitals and diagnostic centers. Surge in demand for storage of biomedical samples will continue to fuel adoption of biomedical refrigerator and freezers globally.

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Vaccine Management to Impact Global Market Growth

Exposure of the vaccines beyond the recommended temperature range can reduce its effectiveness during administration. Demand for vaccines is expected to increase attributed to prevalence of various diseases globally. Vaccines need to be stored in the recommended temperature in order to deliver effective administration. Growing need to store vaccines in accurate and exact storage conditions for effective administration will continue to rev up adoption of the biomedical refrigerators and freezers in the healthcare industry. Production of custom-made vaccines, medicines and blood transfusions attributed to growth of cellular therapy is further expected to contribute towards growth of the global biomedical refrigerators and freezers market during the forecast period. As the need for vaccine management arises, demand for the biomedical refrigerators is expected to remain high in the global market during the forecast period. Such factors are expected to contribute towards growth of the global biomedical refrigerators and freezers market during the forecast period.

Plasma Freezer Products to Represent a Leading Segment

Growing need to store blood plasma is expected to rev up demand for plasma freezers in the global market. On the basis of product type, the plasma freezers segment is expected to witness the highest revenue growth, accounting for a value of over US$ 400 Mn by the end of 2022. On the other hand, the cryogenic storage systems product type segment is expected to register a robust CAGR during the forecast period.

Based on end user, the hospitals segment is expected to generate significant revenues, recording a value of over US$ 300 Mn by the end of 2017. However, the research laboratories end user segment is expected to register a significant CAGR through 2022.

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Competition Tracking

Leading market players operating in the global biomedical refrigerators and freezers market include Aegis Scientific, Inc., Arctiko A/S, Binder GmbH, Biomedical Solutions Inc., Bionics Scientific Technologies Co., Ltd., Coldway SA, Desmon S.p.A, Eppendorf AG, Froilabo SAS, Gram Commercial SAS, Helmer Inc., LabRepco Inc., Liebherr International AG, Panasonic Healthcare Co., Ltd., Philips Kirsch GmbH, Terumo Corporation and Thermofisher Scientific Inc.

Sales to Remain High Through Hospitals

As the requirement for storing blood and blood derivatives arise, demand for the plazma freezers is projected to increase globally. In terms of revenue, the plazma freezers product type segment is projected to represent the highest growth, representing more than US$ 400 Mn by 2022-end. In contrary, the cryogenic storage systems product type segment is projected to reflect a significant CAGR throughout the forecast period.

By 2022-end, the hospitals end user segment is projected to represent a robust revenue growth, accounting for more than US$ 300 Mn by 2017-end. On the other hand, the research laboratories end user segment is projected to reflect a healthy CAGR over the forecast period.

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