Ultra-Low Temperature Freezers Market is expected to surge 1.5x from 2021-2031

Posted on 2022-08-22 by Fact.MR in Healthcare // 0 Comments

A recently published report by Fact.MR reveals that the global ultra-low temperature freezers market is projected to grow at a modest CAGR of 4.4% during the forecast period (2021-2031), expected to reach US$ 782.98 Mn. As of 2021, the market is expected to be valued at 509.09 Mn.

From 2016 to 2020, sales of ultra-low temperature freezers inclined at approximately 4% CAGR. Prospects received further boost during the COVID-19 pandemic, as well as in its aftermath. With countries speeding up vaccination drives, pharmaceutical companies and aid agencies are ensuring that ultra-low temperature freezers are in abundant supply so as to transport and secure doses until they are ready to be administered for inoculation.

Future growth prospects are also reliant on the ever increasing need for blood transfusions for numerous chronic and infectious diseases. For instance, the World Health Organization estimates that approximately 1/4th of the global population is affected by anemia, or 1.6 billion people, for which regular blood transfusions are necessary. Similarly, it is established that over 1.3 million people succumb to blood loss experienced during road accidents. All these developments are thus prompting active deployment of ULT freezers on a large scale.

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Ultra-Low Temperature Freezers Market – Scope of Report:

A latest publication by Fact.MR on the global Ultra-Low Temperature Freezers market evaluates the opportunities and current market landscape, and provides detailed analysis and updates about corresponding sections affecting the market.

The study offers detailed insights on key market dynamics, which include the drivers, restraints, trends, and opportunities in the market.

The principal aim of the study is to present exclusive information about how the market will perform during the forecast period of 2019-2029.

Important indicators for the successful growth of the Ultra-Low Temperature Freezers market are presented in this comprehensive report, which include Year-on-Year (Y-o-Y) growth analysis of the market, and compounded annual growth rate (CAGR), which are described in an exhaustive way in Fact.MR’s study.

This research study can support readers to know the demand for Ultra-Low Temperature Freezers supplements, and the quantitative development opportunities during the study period.

The research is beneficial for shareholders in Ultra-Low Temperature Freezers , including investors, manufacturers, service providers, distributors, and suppliers, and can help them in developing suitable business strategies to flourish in the market.

Insights and wisdom presented in this Fact.MR study can be leveraged by shareholders in the market, industry experts, investors, researchers, and reporters, as well as business enthusiasts.

In-depth Analysis on Competition Analysis

The report sheds light on leading manufacturers of ultra-low temperature freezers, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in offering ultra-low temperature freezers has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.

Company profiles have been included in the report, which include essentials such as product portfolios and key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting the market status, and predicting the competition level in the ultra-low temperature freezers domain. Prominent companies operating in this space include Eppendorf AG, Helmer Scientific, Panasonic Healthcare Corporation, Thermo Fisher Scientific, Arctiko A/S, Bionics Scientific Technologies (P) Ltd, Glen Dimplex, Godrej, Haier Biomedical, LABCOLD, and Remi Group, among others.

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Report benefits & key questions answered

Post covid consumer spending on Ultra-Low Temperature: the report also highlights the change in the buying behavior of consumers and shifts in purchasing power, post covid-19. This information will assist the businesses to plan their production and marketing strategies.
Ultra-Low Temperature Freezers demand outlook: the market intelligence study reports highlights the factor propelling the demand for Ultra-Low Temperature Freezers .As per the study, the demand for Ultra-Low Temperature Freezers will grow through 2029.
Ultra-Low Temperature Freezers historical volume analysis:mr survey report provides insights into the sales registered over the last forecast year 2016 to 2020 and create estimates regarding the sales performance for 2019-2029.
Ultra-Low Temperature Freezers consumption by demographics: the report provides consumption by demographics analysis to assist the market players in designing their expansion strategies on the basis of consumption pattern of the customers.

Ultra-Low Temperature Freezers Market Segmentations:

By Type:

· Type

- Upright Ultra-low Temperature Freezers
  - Floorstanding
  - Benchtop/Undercounter
- Chest Ultra-low Temperature Freezers

· Degree of Cooling

- -41 to -86 Celsius
- -87 to -150 Celsius

· Application

- Blood & Blood Products
- Flammable Materials
- Biological Samples
- Drug Compounds
- Others

· End User

- Biobanks
- Hospitals
- Pharmaceutical and Biotechnology Companies
- Academic and Research Institutes

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· Type

· Degree of Cooling

· Application

· End User

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