Biomedical Refrigerators and Freezers Market
Biomedical Refrigerators and Freezers Market Size, Share Analysis by Product (Plasma Freezers, Blood Bank Refrigerators, Ultra-Low Temperature Freezers, Medical Refrigerators, Cryogenic Storage Systems), by End User & Regional Forecast 2021-2031
Analysis of Biomedical Refrigerators and Freezers market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Biomedical Refrigerators and Freezers Market Outlook
The global biomedical refrigerators and freezers market size reached a valuation of around US$ 3.3 Bn in 2020, which amounts to close to 1% share of the overall medical equipment market.
Sales of biomedical refrigerators and freezers are slated to accelerate at a CAGR of 6% to top US$ 6 Bn by 2031, mainly on back of rising demand for biomedical products and vaccines across the world. Plasma freezer sales are set to increase at a CAGR of 5% across the assessment period of 2021 to 2031.
| Biomedical Refrigerators and Freezers Market Size Value in 2020 | US$ 3.3 Bn |
| Sales Forecast for Biomedical Refrigerators and Freezers by 2031 | US$ 6 Bn |
| Global Market Growth Rate (2021 to 2031) | 6% CAGR |
| Share of Top 5 Companies | 40% |
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Demand Analysis of Biomedical Refrigerators and Freezers from 2016 to 2020 Vs Market Outlook for 2021 to 2031
As per Fact.MR, a market research and competitive intelligence provider, the global market for biomedical refrigerators and freezers was valued at US$ 3.3 Bn in 2020.
Growing need to store biomedical samples has led to a surge in biomedical chest refrigerator equipment sales globally. Prevalence of various diseases will continue to rev up demand for biomedical products and vaccines. In addition, adoption of biomedical refrigerators and freezers will continue to increase attributed to growing investments in research & development by educational and research institutions.
As the need for exact and accurate storage conditions arise, healthcare organizations prefer storing various biomedical products in biomedical refrigerators and freezers. Growing need for personalized vaccines stemming from increasing demand to conduct cellular therapy will further continue to impact market growth positively.
Latest innovations in biomedical refrigerators and freezers and growing freezer monitor demand are expected to fuel market growth considerably at a 6% CAGR across 2021 to 2031, and raise the value of the market for biomedical refrigerators and freezers.
How is Investment in Research & Development Fueling Market Growth for Biomedical Refrigerators and Freezers?
Increasing investment in research & development activities will continue to bolster demand for technologically modern biomedical refrigerators in the healthcare industry.
As researchers are increasingly focusing on developing innovative techniques and products for treatment procedures, the freezer monitors market is expected to surge across the world over the forecast period.
Demand for medical refrigerators and medical freezers is further expected to witness significant demand from educational and research institutes. Bound to these factors, the global refrigerators and freezers market is expected to witness significant growth over the next ten years.
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What are the Restraints being Faced by Manufacturers of Biomedical Refrigerators and Freezers?
Despite the fact that global demand for biomedical refrigerator equipment and freezers is increasing, purchasing expensive biomedical refrigerators and freezers may be tough for small hospitals, clinics, and startups. As a result, many institutes choose to purchase refrigerated systems that have been previously used. As such, expensive cost of equipment along with lack of qualified staff is a key barrier to market expansion.
Furthermore, presence of a large number of local competitors offering lower-cost products as well as an increasing tendency of using reconditioned freezer equipment globally due to lower cost is likely to hamper medical refrigerators and medical freezers market growth.
Stringent regulatory authorities will also limit worldwide sales growth of biomedical refrigerators and freezers to some extent over the next ten years.
Which Region is a Lucrative Market for Suppliers of Biomedical Refrigerators and Freezers?
The market for biomedical refrigerators and freezers in North America is predicted to have the largest market share. Revenue in the North American regional market is set to grow 1.4X by 2031.
With increased spending on life science research as a result of numerous diseases, demand for biological sample storage equipment has increased in North America. Increased prevalence of acute and chronic diseases as well as presence of well-established health systems, blood banks, and research organizations are expected to drive sales of combined biomedical refrigerators and freezers.
Development of biobanks and genome engineering has also contributed to expansion of the North American market.
Growing demand for pharmacy refrigerators in Japan, rising sales of biomedical refrigerators in Germany, and increasing demand for biomedical freezers in the U.K are all making a significant contribution to global market growth prospects for biomedical refrigerators and freezers.
Country-wise Analysis
What is the Biomedical Refrigerators and Freezers Demand Outlook for the U.S.?
The U.S dominates the global market for biomedical refrigerators and freezers in terms of revenue. The market is expected to increase 1.6X by 2031.
Rising number of blood transfusions, widespread use of DNA-based drugs, and presence of top distributors of ultra-low temperature freezers are all contributing to market growth in the country.
Increasing government support for medical infrastructure across the country, rising investments in developing enhanced energy-efficient cold storage equipment, and growing R&D activities in the medical sector have created lucrative opportunities for manufacturers of biomedical refrigerators and freezers in the U.S.
Furthermore, medical therapies such as organ transplantation, cellular therapy, and other similar procedures have helped establish the United States as a major market for medical freezer manufacturers.
Why are Sales of Biomedical Refrigerators and Freezers Flourishing in China?
Market growth in China is expected to be supplemented due to expanding healthcare spending, growing focus on developing more contemporary and advanced healthcare infrastructure, big patient pool, and increasing focus on reducing biological component wastage.
Moreover, improving medical facilities, increase in the number of blood banks, and strong demand for laboratory refrigerators from educational institutes, hospitals, and research centers to store samples are all boosting the stance of medical refrigerator manufacturers in China.
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Category-wise Insights
Why are Plasma Freezers Gaining Immense Popularity in the Market?
Sales of plasma freezers are expected to increase 1.7X over the forecast period. Growing need to store blood plasma is expected to rev up demand for plasma freezers in the global market.
For storing fresh frozen plasma, cryoprecipitate, platelet concentrates, and red cells, plasma freezers maintain a continuous freezing temperature of -30°C or -40°C. Hence, demand for ultra-low temperature freezers is growing rapidly.
Technological innovations by top plasma freezer manufacturers reduce energy usage, avoid crystallization, and eliminate uneven temperature distribution, which are important factors catalyzing market growth.
Why is Demand for Biomedical Refrigerators and Freezers from Blood Banks High?
The blood banks segment is expected to be a significant shareholder in the global market for biomedical refrigerators and freezers.
Globally, the number of blood banks is growing, as is the frequency of hematological illnesses and the number of organ transplants. As a result of this need, demand for blood bank refrigerators has increased. These factors are propelling the growth of the blood banks segment.
Unscientific inventory management procedures are rapidly increasing the danger of blood transfusion mistakes. A crucial aspect driving growth is the existence of severe requirements for the preservation of blood components.
Growing concerns about blood donation among people as well as government initiatives to promote blood donation is creating opportunities for top manufacturers of blood bank refrigerators.
COVID-19 Impact on Industry
The emergence of COVID-19 brought the entire world to a standstill. This current health issue has had a significant impact on companies across industries.
Rising government and corporate support could aid in the fight against this extremely contagious disease. Some industries are struggling while others are booming. The pandemic is expected to have a positive influence on the combined biomedical refrigerators & freezers industry.
Vaccines are urgently needed to save as many individuals as possible from being infected with COVID 19. The entire world has been subjected to intense research & development in order to complete all of the clinical trials related to vaccine development.
In the transfer of vaccinations, a refrigerator or freezer plays an essential role. The pandemic had a positive impact on the sales of medical refrigerators and shock freezers, and created a favorable environment for the growth of the biomedical refrigerators and freezers market size in 2021.
Competitive Landscape
Leading biomedical refrigerators and freezers market players are concentrating on increasing their product portfolios and supplying customized freezers in a variety of sizes and shapes to meet the varied needs of end users. Major players are forming alliances with small businesses in order to improve their product portfolios and extend their worldwide footprints.
Top manufacturers of biomedical refrigerators and freezers are working on a variety of methods, including mergers and acquisitions, partnerships, joint ventures, and collaborations, to strengthen their market position and expand their product portfolio in order to boost revenue potential in the future.
Biomedical Refrigerators and Freezers Industry Report Scope
| Attribute | Details |
| Forecast Period | 2021-2031 |
| Historical Data Available for | 2016-2020 |
| Market Analysis | Value in US$ Mn, Volume in Units |
| Key Regions Covered |
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| Key Countries Covered |
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| Key Market Segments Covered |
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| Key Companies Profiled |
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| Pricing | Available upon Request |
Key Segments Covered in Biomedical Refrigerators and Freezers Industry Research
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Product
- Plasma Freezers
- Blood Bank Refrigerators
- Ultra-Low Temperature Freezers
- Shock freezers
- Pharmacy Refrigerators
- Medical Refrigerators
- Laboratory Refrigerators
- Cryogenic Storage Systems
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End User
- Use of Biomedical Refrigerators and Freezers in Hospitals
- Use of Biomedical Refrigerators and Freezers in Research Laboratories
- Use of Biomedical Refrigerators and Freezers in Pharmacies
- Use of Biomedical Refrigerators and Freezers in Diagnostic Centers
- Use of Biomedical Refrigerators and Freezers in Blood Banks
Table of Content
Chapter 1 Global Economic Outlook 1.1 Global Healthcare Industry Outlook Chapter 2 Global Biomedical Refrigerators and Freezers Market - Executive Summary Chapter 3 Global Biomedical Refrigerators and Freezers Market Overview 3.1 Introduction 3.1.1 Global Biomedical Refrigerators and Freezers Market Taxonomy 3.1.2 Global Biomedical Refrigerators and Freezers Market Definition 3.2 Global Biomedical Refrigerators and Freezers Market Size (US$ Mn) and Forecast, 2016-2031 3.2.1 Global Biomedical Refrigerators and Freezers Market Y-o-Y Growth 3.3 Global Biomedical Refrigerators and Freezers Market Dynamics 3.4 Supply Chain 3.5 Cost Structure 3.6 Pricing Analysis 3.7 Raw Material Sourcing Strategy and Analysis 3.8 Supplier List 3.9 Key Participants Market Presence (Intensity Map) By Region 3.10 Product Life Cycle 3.11 PEST Analysis Chapter 4 Global Biomedical Refrigerators and Freezers Market Analysis and Forecast, 2016-2031 4.1 Global Biomedical Refrigerators and Freezers Market Size and Forecast By Product Type, 2016-2031 4.1.1 Blood Bank Refrigerators Biomedical Refrigerators and Freezers Market Size and Forecast, 2016-2031 4.1.1.1 Revenue (US$ Mn) Comparison, By Region 4.1.1.2 Market Share Comparison, By Region 4.1.1.3 Y-o-Y growth Comparison, By Region 4.1.2 Laboratory Refrigerators Biomedical Refrigerators and Freezers Market Size and Forecast, 2016-2031 4.1.2.1 Revenue (US$ Mn) Comparison, By Region 4.1.2.2 Market Share Comparison, By Region 4.1.2.3 Y-o-Y growth Comparison, By Region 4.1.3 Plasma Freezers Biomedical Refrigerators and Freezers Market Size and Forecast, 2016-2031 4.1.3.1 Revenue (US$ Mn) Comparison, By Region 4.1.3.2 Market Share Comparison, By Region 4.1.3.3 Y-o-Y growth Comparison, By Region 4.1.4 Ultra-Low Freezers Biomedical Refrigerators and Freezers Market Size and Forecast, 2016-2031 4.1.4.1 Revenue (US$ Mn) Comparison, By Region 4.1.4.2 Market Share Comparison, By Region 4.1.4.3 Y-o-Y growth Comparison, By Region 4.1.5 Laboratory Freezers Biomedical Refrigerators and Freezers Market Size and Forecast, 2016-2031 4.1.5.1 Revenue (US$ Mn) Comparison, By Region 4.1.5.2 Market Share Comparison, By Region 4.1.5.3 Y-o-Y growth Comparison, By Region 4.1.6 Shock Freezers Biomedical Refrigerators and Freezers Market Size and Forecast, 2016-2031 4.1.6.1 Revenue (US$ Mn) Comparison, By Region 4.1.6.2 Market Share Comparison, By Region 4.1.6.3 Y-o-Y growth Comparison, By Region 4.1.7 Cryogenic Storage Systems Biomedical Refrigerators and Freezers Market Size and Forecast, 2016-2031 4.1.7.1 Revenue (US$ Mn) Comparison, By Region 4.1.7.2 Market Share Comparison, By Region 4.1.7.3 Y-o-Y growth Comparison, By Region 4.2 Global Biomedical Refrigerators and Freezers Market Size and Forecast By End User, 2016-2031 4.2.1 Hospitals Biomedical Refrigerators and Freezers Market Size and Forecast, 2016-2031 4.2.1.1 Revenue (US$ Mn) Comparison, By Region 4.2.1.2 Market Share Comparison, By Region 4.2.1.3 Y-o-Y growth Comparison, By Region 4.2.2 Pharmacies Biomedical Refrigerators and Freezers Market Size and Forecast, 2016-2031 4.2.2.1 Revenue (US$ Mn) Comparison, By Region 4.2.2.2 Market Share Comparison, By Region 4.2.2.3 Y-o-Y growth Comparison, By Region 4.2.3 Diagnostic Centers Biomedical Refrigerators and Freezers Market Size and Forecast, 2016-2031 4.2.3.1 Revenue (US$ Mn) Comparison, By Region 4.2.3.2 Market Share Comparison, By Region 4.2.3.3 Y-o-Y growth Comparison, By Region 4.2.4 Research Laboratories Biomedical Refrigerators and Freezers Market Size and Forecast, 2016-2031 4.2.4.1 Revenue (US$ Mn) Comparison, By Region 4.2.4.2 Market Share Comparison, By Region 4.2.4.3 Y-o-Y growth Comparison, By Region 4.2.5 Blood Banks Biomedical Refrigerators and Freezers Market Size and Forecast, 2016-2031 4.2.5.1 Revenue (US$ Mn) Comparison, By Region 4.2.5.2 Market Share Comparison, By Region 4.2.5.3 Y-o-Y growth Comparison, By Region Chapter 5 North America Biomedical Refrigerators and Freezers Market Size and Forecast, 2016-2031 5.1 North America Outlook: 5.2 North America Healthcare Sector Outlook: 5.3 North America Biomedical Refrigerators and Freezers Market Outlook: 5.4 Revenue (US$ Mn) Comparison, By Product Type 5.5 Revenue (US$ Mn) Comparison, By End User Chapter 6 Latin America Biomedical Refrigerators and Freezers Market Size and Forecast, 2016-2031 6.1 Latin America Outlook: 6.2 Latin America Healthcare Sector Outlook: 6.3 Latin America Biomedical refrigerators and Freezers Market Outlook: 6.4 Revenue (US$ Mn) Comparison, By Product Type 6.5 Revenue (US$ Mn) Comparison, By End User Chapter 7 Europe Biomedical Refrigerators and Freezers Market Size and Forecast, 2016-2031 7.1 Europe Outlook: 7.2 Europe Healthcare Sector Outlook: 7.3 Europe Biomedical refrigerators and Freezers Market Outlook: 7.4 Revenue (US$ Mn) Comparison, By Product Type 7.5 Revenue (US$ Mn) Comparison, By End User Chapter 8 Japan Biomedical Refrigerators and Freezers Market Size and Forecast, 2016-2031 8.1 Japan Outlook 8.2 Japan Healthcare Sector Outlook: 8.3 Japan Biomedical refrigerators and Freezers Market Outlook: 8.4 Revenue (US$ Mn) Comparison, By Product Type 8.5 Revenue (US$ Mn) Comparison, By End User Chapter 9 APEJ Biomedical Refrigerators and Freezers Market Size and Forecast, 2016-2031 9.1 APEJ Outlook: 9.2 APEJ Healthcare Sector Outlook: 9.3 APEJ Biomedical refrigerators and Freezers Market Outlook: 9.4 Revenue (US$ Mn) Comparison, By Product Type 9.5 Revenue (US$ Mn) Comparison, By End User Chapter 10 MEA Biomedical Refrigerators and Freezers Market Size and Forecast, 2016-2031 10.1 MEA Outlook: 10.2 MEA Healthcare Sector Outlook: 10.3 MEA Biomedical refrigerators and Freezers Market Outlook: 10.4 Revenue (US$ Mn) Comparison, By Product Type 10.5 Revenue (US$ Mn) Comparison, By End User Chapter 11 Global Biomedical Refrigerators and Freezers Market – Company Profiles 11.1 Global Biomedical Refrigerators and Freezers Market: Company Share Analysis 11.2 Global Biomedical Refrigerators and Freezers Market: Competitive Dashboard 11.3 Global Biomedical Refrigerators and Freezers Market: Company Profiles 11.3.1 Aegis Scientific, Inc. 11.3.1.1 Company Overview 11.3.1.2 Product Overview 11.3.2 Arctiko A/S 11.3.2.1 Company Overview 11.3.2.2 Product Overview 11.3.3 Binder GmbH 11.3.3.1 Company Overview 11.3.3.2 Product Overview 11.3.4 BioMedical Solutions, Inc. 11.3.4.1 Company Overview 11.3.4.2 Product Overview 11.3.5 Bionics Scientific Technologies Co., Ltd. 11.3.5.1 Company Overview 11.3.5.2 Product Overview 11.3.6 Coldway SA 11.3.6.1 Company Overview 11.3.6.2 Product Overview 11.3.7 Desmon S.p.A 11.3.7.1 Company Overview 11.3.7.2 Product Overview 11.3.8 Eppendorf AG 11.3.8.1 Company Overview 11.3.8.2 Product Overview 11.3.9 Froilabo SAS 11.3.9.1 Company Overview 11.3.9.2 Product Overview 11.3.10 Gram Commercial A/S 11.3.10.1 Company Overview 11.3.10.2 Product Overview 11.3.11 Helmer Inc. 11.3.11.1 Company Overview 11.3.11.2 Product Overview 11.3.12 Labrepco, Inc. 11.3.12.1 Company Overview 11.3.12.2 Product Overview 11.3.13 Liebherr-International AG 11.3.13.1 Company Overview 11.3.13.2 Product Overview 11.3.14 Panasonic Healthcare Co., Ltd. 11.3.14.1 Company Overview 11.3.14.2 Product Overview 11.3.15 Koninklijke Philips N.V. 11.3.15.1 Company Overview 11.3.15.2 Product Overview 11.3.15.3 Key Financials 11.3.15.4 Key Developments 11.3.15.5 SWOT Analysis 11.3.16 Terumo Corporation 11.3.16.1 Company Overview 11.3.16.2 Product Overview 11.3.16.3 Key Financials 11.3.16.4 Key Developments 11.3.16.5 SWOT Analysis 11.3.17 Thermofisher Scientific, Inc. 11.3.17.1 Company Overview 11.3.17.2 Product Overview 11.3.17.3 Key Financials 11.3.17.4 Key Developments 11.3.17.5 SWOT Analysis 11.4 Key Takeaways Chapter 12 Fact.MR Research Methodology Chapter 13 Disclaimer
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List Of Table
TABLE 1 Global Biomedical Refrigerators and Freezers Market Value (US$ Mn), 2016-2020
TABLE 2 Global Biomedical Refrigerators and Freezers Market Value (US$ Mn), 2021-2031
TABLE 3 Global Biomedical Refrigerators and Freezers Market Value (US$ Mn) and Y-o-Y, 2015-2031
TABLE 4 Price range of Biomedical Refrigerators and Freezers
TABLE 5 Global Blood Bank Refrigerators Segment Value (US$ Mn), By Region 2016-2020
TABLE 6 Global Blood Bank Refrigerators Segment Value (US$ Mn), By Region 2021-2031
TABLE 7 Global Blood Bank Refrigerators Segment Market Share, By Region 2016-2020
TABLE 8 Global Blood Bank Refrigerators Segment Market Share, By Region 2021-2031
TABLE 9 Global Blood Bank Refrigerators Segment Y-o-Y, By Region 2015-2031
TABLE 10 Global Laboratory Refrigerators Segment Value (US$ Mn), By Region 2016-2020
TABLE 11 Global Laboratory Refrigerators Segment Value (US$ Mn), By Region 2021-2031
TABLE 12 Global Laboratory Refrigerators Segment Market Share, By Region 2016-2020
TABLE 13 Global Laboratory Refrigerators Segment Market Share, By Region 2021-2031
TABLE 14 Global Laboratory Refrigerators Segment Y-o-Y, By Region 2015-2031
TABLE 15 Global Plasma Freezers Segment Value (US$ Mn), By Region 2016-2020
TABLE 16 Global Plasma Freezers Segment Value (US$ Mn), By Region 2021-2031
TABLE 17 Global Plasma Freezers Segment Market Share, By Region 2016-2020
TABLE 18 Global Plasma Freezers Segment Market Share, By Region 2021-2031
TABLE 19 Global Plasma Freezers Segment Y-o-Y, By Region 2015-2031
TABLE 20 Global Ultra Low Freezers Segment Value (US$ Mn), By Region 2016-2020
TABLE 21 Global Ultra Low Freezers Segment Value (US$ Mn), By Region 2021-2031
TABLE 22 Global Ultra Low Freezers Segment Market Share, By Region 2016-2020
TABLE 23 Global Ultra Low Freezers Segment Market Share, By Region 2021-2031
TABLE 24 Global Ultra Low Freezers Segment Y-o-Y, By Region 2015-2031
TABLE 25 Global Laboratory Freezers Segment Value (US$ Mn), By Region 2016-2020
TABLE 26 Global Laboratory Freezers Segment Value (US$ Mn), By Region 2021-2031
TABLE 27 Global Laboratory Freezers Segment Market Share, By Region 2016-2020
TABLE 28 Global Laboratory Freezers Segment Market Share, By Region 2021-2031
TABLE 29 Global Laboratory Freezers Segment Y-o-Y, By Region 2015-2031
TABLE 30 Global Shock Freezers Segment Value (US$ Mn), By Region 2016-2020
TABLE 31 Global Shock Freezers Segment Value (US$ Mn), By Region 2021-2031
TABLE 32 Global Shock Freezers Segment Market Share, By Region 2016-2020
TABLE 33 Global Shock Freezers Segment Market Share, By Region 2021-2031
TABLE 34 Global Shock Freezers Segment Y-o-Y, By Region 2015-2031
TABLE 35 Global Cryogenic Storage Systems Segment Value (US$ Mn), By Region 2016-2020
TABLE 36 Global Cryogenic Storage Systems Segment Value (US$ Mn), By Region 2021-2031
TABLE 37 Global Cryogenic Storage Systems Segment Market Share, By Region 2016-2020
TABLE 38 Global Cryogenic Storage Systems Segment Market Share, By Region 2021-2031
TABLE 39 Global Cryogenic Storage Systems Segment Y-o-Y, By Region 2015-2031
TABLE 40 Global Hospitals Segment Value (US$ Mn), By Region 2016-2020
TABLE 41 Global Hospitals Segment Value (US$ Mn), By Region 2021-2031
TABLE 42 Global Hospitals Segment Market Share, By Region 2016-2020
TABLE 43 Global Hospitals Segment Market Share, By Region 2021-2031
TABLE 44 Global Hospitals Segment Y-o-Y, By Region 2015-2031
TABLE 45 Global Pharmacies Segment Value (US$ Mn), By Region 2016-2020
TABLE 46 Global Pharmacies Segment Value (US$ Mn), By Region 2021-2031
TABLE 47 Global Pharmacies Segment Market Share, By Region 2016-2020
TABLE 48 Global Pharmacies Segment Market Share, By Region 2021-2031
TABLE 49 Global Pharmacies Segment Y-o-Y, By Region 2015-2031
TABLE 50 Global Diagnostic Centers Segment Value (US$ Mn), By Region 2016-2020
TABLE 51 Global Diagnostic Centers Segment Value (US$ Mn), By Region 2021-2031
TABLE 52 Global Diagnostic Centers Segment Market Share, By Region 2016-2020
TABLE 53 Global Diagnostic Centers Segment Market Share, By Region 2021-2031
TABLE 54 Global Diagnostic Centers Segment Y-o-Y, By Region 2015-2031
TABLE 55 Global Research Laboratories Segment Value (US$ Mn), By Region 2016-2020
TABLE 56 Global Research Laboratories Segment Value (US$ Mn), By Region 2021-2031
TABLE 57 Global Research Laboratories Segment Market Share, By Region 2016-2020
TABLE 58 Global Research Laboratories Segment Market Share, By Region 2021-2031
TABLE 59 Global Research Laboratories Segment Y-o-Y, By Region 2015-2031
TABLE 60 Global Blood Banks Segment Value (US$ Mn), By Region 2016-2020
TABLE 61 Global Blood Banks Segment Value (US$ Mn), By Region 2021-2031
TABLE 62 Global Blood Banks Segment Market Share, By Region 2016-2020
TABLE 63 Global Blood Banks Segment Market Share, By Region 2021-2031
TABLE 64 Global Blood Banks Segment Y-o-Y, By Region 2015-2031
TABLE 65 North America Current Expenditure on Health, (% of GDP), by Country, 2010 - 2020
TABLE 66 North America Per Capita Health Expenditure (US$ PPP), by Country, 2010 - 2020
TABLE 67 North America Per Capita Healthcare Expenditure Y-o-Y Growth (in Real terms %), by Country, 2010 - 2020
TABLE 68 North America Out-of-Pocket Healthcare Expenditure, % of Healthcare Expenditure, by Country, 2010 - 2020
TABLE 69 North America Per Capita Healthcare Expenditure (at Current Price, in US$), by Country, 2010 - 2020
TABLE 70 North America Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2016-2020
TABLE 71 North America Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2021-2031
TABLE 72 North America Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2016-2020
TABLE 73 North America Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2021-2031
TABLE 74 Latin America Current Expenditure on Health, (% of GDP), by Country, 2010 - 2020
TABLE 75 Latin America Per Capita Health Expenditure (US$ PPP), by Country, 2010 - 2020
TABLE 76 Latin America Per Capita Healthcare Expenditure Y-o-Y Growth (in Real terms %), by Country, 2010 - 2020
TABLE 77 Latin America Out-of-Pocket Healthcare Expenditure, % of Healthcare Expenditure, by Country, 2010 - 2020
TABLE 78 Latin America Per Capita Healthcare Expenditure (at Current Price, in US$), by Country, 2010 - 2020
TABLE 79 Latin America Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2016-2020
TABLE 80 Latin America Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2021-2031
TABLE 81 Latin America Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2016-2020
TABLE 82 Latin America Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2021-2031
TABLE 83 Europe Current Expenditure on Health, (% of GDP), by Country, 2010 - 2020
TABLE 84 Europe Per Capita Health Expenditure (US$ PPP), by Country, 2010 - 2020
TABLE 85 Europe Per Capita Healthcare Expenditure Y-o-Y Growth (in Real terms %), by Country, 2010 - 2020
TABLE 86 Europe Out-of-Pocket Healthcare Expenditure, % of Healthcare Expenditure, by Country, 2010 - 2020
TABLE 87 Europe Per Capita Healthcare Expenditure (at Current Price, in US$), by Country, 2010 - 2020
TABLE 88 Europe Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2016-2020
TABLE 89 Europe Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2021-2031
TABLE 90 Europe Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2016-2020
TABLE 91 Europe Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2021-2031
TABLE 92 Japan Current Expenditure on Health, (% of GDP), 2010 - 2020
TABLE 93 Japan Per Capita Health Expenditure (US$ PPP), by Country, 2010 - 2020
TABLE 94 Japan Per Capita Healthcare Expenditure Y-o-Y Growth (in Real terms %), by Country, 2010 - 2020
TABLE 95 Japan Out-of-Pocket Healthcare Expenditure, % of Healthcare Expenditure, by Country, 2010 - 2020
TABLE 96 Japan Per Capita Healthcare Expenditure (at Current Price, in US$), by Country, 2010 - 2020
TABLE 97 Japan Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2016-2020
TABLE 98 Japan Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2021-2031
TABLE 99 Japan Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2016-2020
TABLE 100 Japan Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2021-2031
TABLE 101 Asia-Pacific Current Expenditure on Health, (% of GDP), by Country, 2010 - 2020
TABLE 102 Asia-Pacific Per Capita Health Expenditure (US$ PPP), by Country, 2010 - 2020
TABLE 103 Asia Pacific Per Capita Healthcare Expenditure Y-o-Y Growth (in Real terms %), by Country, 2010 - 2020
TABLE 104 Asia-Pacific Out-of-Pocket Healthcare Expenditure, % of Healthcare Expenditure, by Country, 2010 - 2020
TABLE 105 Asia Pacific Per Capita Healthcare Expenditure (at Current Price, in US$), by Country, 2010 - 2020
TABLE 106 APEJ Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2016-2020
TABLE 107 APEJ Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2021-2031
TABLE 108 APEJ Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2016-2020
TABLE 109 APEJ Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2021-2031
TABLE 110 Middle East and Africa Current Expenditure on Health, (% of GDP), by Country, 2010 - 2020
TABLE 111 Middle East and Africa Per Capita Health Expenditure (US$ PPP), by Country, 2010 - 2020
TABLE 112 Middle East and Africa Per Capita Healthcare Expenditure Y-o-Y Growth (in Real terms %), by Country, 2010 - 2020
TABLE 113 Middle East and Africa Out-of-Pocket Healthcare Expenditure, % of Healthcare Expenditure, by Country, 2010 - 2020
TABLE 114 Middle East & Africa Per Capita Healthcare Expenditure (at Current Price, in US$), by Country, 2010 - 2020
TABLE 115 MEA Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2016-2020
TABLE 116 MEA Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2021-2031
TABLE 117 MEA Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2016-2020
TABLE 118 MEA Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2021-2031
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List Of Figures
FIG. 1 Global Biomedical Refrigerators and Freezers Market Value (US$ Mn), 2016-2020
FIG. 2 Global Biomedical Refrigerators and Freezers Market Value (US$ Mn) Forecast, 2021-2031
FIG. 3 Global Biomedical Refrigerators and Freezers Market Value (US$ Mn) and Y-o-Y, 2015-2031
FIG. 4 Biomedical Refrigerators and Freezers Supply Chain
FIG. 5 Cost Structure
FIG. 6 Global Blood Bank Refrigerators Segment Market Value (US$ Mn) By Region, 2016-2020
FIG. 7 Global Blood Bank Refrigerators Segment Market Value (US$ Mn) By Region, 2021-2031
FIG. 8 Global Blood Bank Refrigerators Segment Y-o-Y Growth Rate, By Region, 2015-2031
FIG. 9 Global Laboratory Refrigerators Segment Market Value (US$ Mn) By Region, 2016-2020
FIG. 10 Global Laboratory Refrigerators Segment Market Value (US$ Mn) By Region, 2021-2031
FIG. 11 Global Laboratory Refrigerators Segment Y-o-Y Growth Rate, By Region, 2015-2031
FIG. 12 Global Plasma Freezers Segment Market Value (US$ Mn) By Region, 2016-2020
FIG. 13 Global Plasma Freezers Segment Market Value (US$ Mn) By Region, 2021-2031
FIG. 14 Global Plasma Freezers Segment Y-o-Y Growth Rate, By Region, 2015-2031
FIG. 15 Global Ultra Low Freezers Segment Market Value (US$ Mn) By Region, 2016-2020
FIG. 16 Global Ultra Low Freezers Segment Market Value (US$ Mn) By Region, 2021-2031
FIG. 17 Global Ultra Low Freezers Segment Y-o-Y Growth Rate, By Region, 2015-2031
FIG. 18 Global Laboratory Freezers Segment Market Value (US$ Mn) By Region, 2016-2020
FIG. 19 Global Laboratory Freezers Segment Market Value (US$ Mn) By Region, 2021-2031
FIG. 20 Global Laboratory Freezers Segment Y-o-Y Growth Rate, By Region, 2015-2031
FIG. 21 Global Shock Freezers Segment Market Value (US$ Mn) By Region, 2016-2020
FIG. 22 Global Shock Freezers Segment Market Value (US$ Mn) By Region, 2021-2031
FIG. 23 Global Shock Freezers Segment Y-o-Y Growth Rate, By Region, 2015-2031
FIG. 24 Global Cryogenic Storage Systems Segment Market Value (US$ Mn) By Region, 2016-2020
FIG. 25 Global Cryogenic Storage Systems Segment Market Value (US$ Mn) By Region, 2021-2031
FIG. 26 Global Cryogenic Storage Systems Segment Y-o-Y Growth Rate, By Region, 2015-2031
FIG. 27 Global Hospitals Segment Market Value (US$ Mn) By Region, 2016-2020
FIG. 28 Global Hospitals Segment Market Value (US$ Mn) By Region, 2021-2031
FIG. 29 Global Hospitals Segment Y-o-Y Growth Rate, By Region, 2015-2031
FIG. 30 Global Pharmacies Segment Market Value (US$ Mn) By Region, 2016-2020
FIG. 31 Global Pharmacies Segment Market Value (US$ Mn) By Region, 2021-2031
FIG. 32 Global Pharmacies Segment Y-o-Y Growth Rate, By Region, 2015-2031
FIG. 33 Global Diagnostic Centers Segment Market Value (US$ Mn) By Region, 2016-2020
FIG. 34 Global Diagnostic Centers Segment Market Value (US$ Mn) By Region, 2021-2031
FIG. 35 Global Diagnostic Centers Segment Y-o-Y Growth Rate, By Region, 2015-2031
FIG. 36 Global Research Laboratories Segment Market Value (US$ Mn) By Region, 2016-2020
FIG. 37 Global Research Laboratories Segment Market Value (US$ Mn) By Region, 2021-2031
FIG. 38 Global Research Laboratories Segment Y-o-Y Growth Rate, By Region, 2015-2031
FIG. 39 Global Blood Banks Segment Market Value (US$ Mn) By Region, 2016-2020
FIG. 40 Global Blood Banks Segment Market Value (US$ Mn) By Region, 2021-2031
FIG. 41 Global Blood Banks Segment Y-o-Y Growth Rate, By Region, 2015-2031
FIG. 42 North America Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2016-2020
FIG. 43 North America Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2021-2031
FIG. 44 North America Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2016-2020
FIG. 45 North America Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2021-2031
FIG. 46 Latin America Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2016-2020
FIG. 47 Latin America Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2021-2031
FIG. 48 Latin America Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2016-2020
FIG. 49 Latin America Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2021-2031
FIG. 50 Europe Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2016-2020
FIG. 51 Europe Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2021-2031
FIG. 52 Europe Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2016-2020
FIG. 53 Europe Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2021-2031
FIG. 54 Japan Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2016-2020
FIG. 55 Japan Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2021-2031
FIG. 56 Japan Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2016-2020
FIG. 57 Japan Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2021-2031
FIG. 58 APEJ Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2016-2020
FIG. 59 APEJ Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2021-2031
FIG. 60 APEJ Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2016-2020
FIG. 61 APEJ Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2021-2031
FIG. 62 MEA Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2016-2020
FIG. 63 MEA Biomedical Refrigerators and Freezers Market Value (US$ Mn), By Product Type 2021-2031
FIG. 64 MEA Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2016-2020
FIG. 65 MEA Biomedical Refrigerators and Freezers Market Value (US$ Mn), By End User 2021-2031
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- FAQs -
How much is the market for biomedical refrigerators and freezers worth?
The global biomedical refrigerators and freezers market is currently worth more than US$ 3.3 Bn.
What was the last 5-year CAGR for the sales of biomedical refrigerators and freezers?
From 2016-2020, sales of biomedical refrigerators and freezers registered a CAGR of 3%.
What are the key trends likely to influence demand for biomedical refrigerators and freezers?
Technological advancements in medical refrigerators and rising investments in R&D to launch smart and advanced biomedical freezers are key trends driving demand for biomedical refrigerators and freezers.
Which biomedical refrigerator and freezer manufacturers are prominent in the market?
Aegis Scientific Inc., Arctiko A/S, Binder GmbH, Biomedical Solutions Inc., and Bionics Scientific Technologies Co. Ltd. are renowned manufacturers of biomedical refrigerators and freezers.
Which region will largely contribute to the growth of biomedical refrigerators and freezers revenue?
With 50% global market share, North America will largely contribute to the growth of biomedical refrigerators and freezers revenue.
At what rate are biomedical refrigerator and freezer sales expected to increase in Japan?
Sales of biomedical refrigerators and freezers in Japan will most likely flourish at a CAGR of 3% over the next ten years.
Which segment of biomedical refrigerators and freezers generates maximum revenue?
Plasma freezers continue to be the highest revenue-generating segment accounting for 40% of global revenue.
What is the market outlook for biomedical refrigerators and freezers in Germany?
Sales of biomedical refrigerators and freezers in Germany are forecasted to reach over US$ 550 Mn by 2031.
Which are the top 5 countries driving demand for biomedical refrigerators and freezers?
The U.S., China, Germany, Canada, and Russia are expected to drive most of the demand for biomedical refrigerators and freezers.
What is the projected growth rate for the global market through 2031?
The global market for biomedical refrigerators and freezers is expected to surge at 6% CAGR from 2021-2031
Biomedical Refrigerators and Freezers Market