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Global Laboratory Freezers Market 2020-2027 Market Research Report| Know The Growth Factors and Future Scope| Thermo Fisher Scientific, Inc, VWR International, LLC., Arctiko, BioMedical Solutions

Laboratory freezers market is expected to reach USD 4.48 billion by 2027 growing at a CAGR of 4.8% in the forecast period of 2020-2027. The increasing demand of blood and blood components for transfusion and production of biopharmaceuticals and biotechnology companies has been directly impacting the growth of laboratory freezers market.

This laboratory freezers market report can be relied upon for certain when taking key business decisions. With team players of multi-lingual analysts and project managers who are skilled to serve clients on every strategic aspect including product development, key areas of development, application modelling, use of technologies, the acquisition strategies, exploring niche growth opportunities and new markets, this report has been produced. Market definition covered in the report studies the market drivers and market restraints with which businesses can get idea of whether to increase or decrease the production of a particular product.

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The major players covered in the laboratory freezers market report are Eppendorf AG, Haier, Helmer Scientific Inc., Thermo Fisher Scientific, Inc, VWR International, LLC., Arctiko, BioMedical Solutions, Inc, EVERMED s.r.l., Philipp Kirsch GmbH, PHC Corporation, Liebherr-International Deutschland GmbH,     Aegis Scientific, Inc., TERUMO BCT, INC., MIDSCI., So-Low Environmental Equipment Co., SP Scientific, TTP Labtech,  among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

Key Developments in the Market:

  • In August 2017, Terumo BCT (U.S.) introduces designed high electricity cost refrigerators for blood centers and hospitals in Australia. Through this the company had expanded their product portfolio and expanded their business in Australia.
  • In March 2017, Stirling Ultracold (U.S.) entered into distribution agreement with VWR (U.S) in North America. Through this the company had expanded their business in North America region.

Market Drivers and Restraints:

  • Increasing rate of geriatric population
  • Rising demand for blood and blood components for transfusion and production of biopharmaceuticals
  • Increasing Number of organ transplant procedures.
  • Technological advancements in refrigerators or laboratory freezers
  • High maintenance costs, and energy costs of laboratory freezers & refrigerators and growing use of refurbished equipment

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Market Segmentation: Global Laboratory Freezers Market

  • The Global Laboratory Freezers Market is segmented based on product type, end user and geographical segments.
  • Based on Product type, the market is segmented into freezers, refrigerators and cryopreservation systems
  • Based on End user, the market is segmented into blood banks, pharmaceutical & biotechnology companies, academic & research institutes, medical laboratories, hospitals and pharmacies
  • Based on Geography, the market report covers data points for 28 countries across multiple geographies namely North America & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.

Key Developments in the Market:

  • In August 2017, Terumo BCT (U.S.) introduces designed high electricity cost refrigerators for blood centers and hospitals in Australia. Through this the company had expanded their product portfolio and expanded their business in Australia.
  • In March 2017, Stirling Ultracold (U.S.) entered into distribution agreement with VWR (U.S) in North America. Through this the company had expanded their business in North America region.

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