Growing demand for vaccine management is expected to fuel demand for biomedical refrigerator and freezers globally. In addition, increasing investment in research and development activities is further expected to impact growth of the global biomedical refrigerators and freezers market. This Fact.MR report analyzes the expansion of global biomedical refrigerators and freezers market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022.
As the stored items are normally high value drugs or irreplaceable samples of blood, cells and DNA, namely, storing samples at ultra-low temperatures becomes a highly sensitive process. While most residential refrigerators has a freezing compartment, the CDC dissuades people from using combination of refrigerator-freezers for any sort of vaccine storage.
With the growing vaccines cost and need of greater storage capacity at every level of the cold chain, countries look to reduce waste, maintain lower stock levels, prevent equipment breakdowns and forecast vaccine requirements. This bespeaks the requirement of high standard of supply chain management. As such, effective vaccine management signifies the importance of biomedical refrigerators and freezers.
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There has been impressive developments in the bio-banking technology which has been catalyst in transforming bio-repository and bio-specimen science. In addition, the influence of robotic processing and automated technology have made the bio-banking process efficacious. Influx of software applications aimed at helping storage management biomedical samples and blood are witnessed in the landscape. Researchers have been keenly focusing on augmentation of innovative treatment procedures for the treatment of various diseases. This has led to the soaring demand for bio-medical samples accordingly.
Biomedical Refrigerators and Freezers Market: Overview
The report offers a coherent analysis on the biomedical refrigerators and freezers market for the forecast period 2018-2026. Further, the report also shed light on dynamics of the market, including drivers, trends, restraints and opportunities. Besides, the report delves into the segmentation of the market which is aimed at providing readers with an in-depth view of the market.
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In addition, demand for biomedical freezers and refrigerators will further continue to increase due to growing investment in the research and development. Researchers are significantly focusing on development of various innovative treatment procedures and medical products for the treatment of various diseases. Development of innovative techniques and products has led to increasing demand for various biomedical samples globally. Educational institutions are also increasingly investing in research and development in collaboration with various healthcare institutions. Growing investment in research and development by various healthcare and educational institutions is projected to contribute towards the global market growth of biomedical refrigerators and freezers throughout the forecast period.
The market for biomedical refrigerators and freezers adopts supply-demand approach to provide a holistic picture of the market. In-house panel of experts have thoroughly analyzed the research sources, including secondary sources and primary sources. Revenue comparison, market share comparison and Y-o-Y growth comparison on the geography lead to the market size of the biomedical refrigerators and freezers
Biomedical Refrigerators and Freezers Market: Competitive Landscape
Leading players being instrumental for the growth of the biomedical refrigerators and freezers market are assessed and profiled with respect to financial overview, company overview, product offering, strategies, recent development and key differentiators. Furthermore, the report encompasses SWOT analysis to present an overall picture of the competitive landscape of the biomedical refrigerators and freezers market.
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.
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