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Report Scope: The Global Laboratory Freezers Market Report provides comprehensive insights into the laboratory freezers industry, encompassing market dynamics, segmentation by type and application, and regional analysis. The report also presents details of the research methodology employed for this study.
Research Methodology: Our research involves a localized approach, analyzing both key global players and local market participants. We scrutinize country-level import and export data and study production and consumption patterns. A substantial sample size for primary research across all regions ensures the authenticity and depth of our report findings. Primary research participants include manufacturers, distributors, and investors, providing a holistic understanding of the ecosystem.
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Market Value :
Laboratory Freezers Market size was valued at USD 4.74 Bn. in 2022 and the total Laboratory Freezers revenue is expected to grow by 5.5 % from 2023 to 2029, reaching nearly USD 6.90 Bn.
Laboratory Freezers Market Segment Analysis :
Type: The market is segmented into Plasma Freezers, Enzyme Freezers, Flammable Material Freezers, and Others. Among these, the Plasma Freezers segment accounted for 66% of the market share in 2022. These freezers are crucial for storing plasma products, whole blood, vaccines, and test samples in various healthcare and research settings.
Application: The market is divided into segments based on end-users, including blood banks, medical laboratories, pharmaceutical and biotechnology companies, and others. Blood banks, driven by the increasing demand for blood components in treatments, play a significant role in the market. The prevalence of blood-related diseases like sickle cell anemia and blood cancers further boosts demand.
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Regional Insights:
North America: In 2022, North America held the largest market share, accounting for over 55% of the market. The region's stringent regulations, high healthcare standards, and substantial investments in healthcare infrastructure contribute to its dominance. The rising incidence of chronic diseases and the aging population drive the demand for laboratory freezers across various end-user categories.
Asia Pacific: Asia Pacific is expected to grow profitably during the forecast period, with its contribution to the market surpassing 18% by 2024. Rapid economic growth in countries like India, China, and Indonesia leads to increased spending on healthcare infrastructure and services. The region's growth as a medical tourism hub and the adoption of Western healthcare standards fuel the laboratory freezers market. Additionally, the rising patient population with chronic illnesses drives demand for blood components and pharmaceuticals.
Laboratory Freezers Market Key Companies :
1. Eppendorf AG
2. Haier Biomedical
3. Thermo Fisher Scientific, Inc.
4. Helmer Scientific
5. PHC Holdings Corporation
6. Liebherr
7. Middleby Corporation
8. Felix Storch, Inc.
9. BioLife Solutions, Inc.
10. Blue Star Limited
11. B Medical Systems
12. Philipp Kirsch GmbH
13. Avantor, Inc.
14. Standex International Corporation
15. Vestfrost Solutions A/S
16. Changhong Meiling Co. Ltd.
EVERmed S.R.L.
17. ARCTIKO A/S
18. Glen Dimplex Medical Appliances
19. So-Low Environmental Equipment Co. Ltd.
20. KW Apparecchi Scientifici SRL
21. Jeio Tech
22. Refrigerated Solutions Group
23. Stericox India Private Limited
24. Thalheimer Kühlung
25. Antylia Scientific
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