Laboratory Freezers Market Increasing At A Phenomenal Pace To Reach More Than USD6,286.3 Million By 2028

Major companies in laboratory freezers market are Thermo Fisher Scientific, Inc., Eppendorf AG, Haier Biomedical, Avantor Inc, Blue Star Limited, Biomedical Solutions Inc., Helmer Scientific, Panasonic Healthcare Co. Ltd., Felix Storch, Inc, and Philipp Kirsch GmbH. These players are set to bolster the development of global laboratory freezers market.

According to analysts at Zion Market Research, laboratory freezers market accounted for more than USD 4,435.6 million in 2020 and is expected to reach more than USD 6,286.3 million by 2028, growing at a CAGR of 4.7% from 2021 to 2028.

This review is based on a report by Zion Market Research, titled “Laboratory Freezers Market By Product (Freezers, Refrigerator And Cryopreservation Systems), By End User (Blood Banks, Hospitals, Pharmaceutical & Biotechnology Companies, Medical Laboratories Others) And By Region: Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2028.”

Increasing Organ Transplant Processes To Spur Growth

Rising number of organs transplant process will garner the growth for laboratory freezers market in the years ahead,” says the author of this study. Apart from this, increasing demand for blood components and blood is also boosting the growth of the global laboratory freezers market. Moreover, utilization of advanced technology and technological advancements in refrigerators and freezers is also driving the global market growth. In addition, increased job opportunities is also towering the growth of the global laboratory freezers market.

On the other hand factors such as increasing use of refurbished equipment is the main reason hampering the growth of global laboratory freezers market. Intense pricing pressure on manufacturers is one of the reasons that are decreasing the growth of the global market. On top of this, huge value for ownership is also one of the significant reasons that are restraining the growth of the global market.

Presence Of Key Market Players To Support North America Dominance

Regionally, North America has been one of leading the worldwide laboratory freezers market and is anticipated to continue to grow in the years to come, states the laboratory freezers market study. Rising number of organs transplant process is boosting the global market in North America. Increasing demand for blood components and blood is towering the global market in India and China. Utilization of advanced technology and technological advancements in refrigerators and freezers has elevated the global market in France and Germany.

Browse the full “Laboratory Freezers Market By Product (Freezers, Refrigerator And Cryopreservation Systems), By End User (Blood Banks, Hospitals, Pharmaceutical & Biotechnology Companies, Medical Laboratories Others) And By Region: Global Industry Perspective, Comprehensive Analysis And Forecast, 2020 – 2028.” Report at https://www.zionmarketresearch.com/report/laboratory-freezers-market

The global laboratory freezers market is segmented as follows:

By Product

• Freezers
  • Ultra-Low-Temperature Freezers
  • Laboratory Freezers
  • Plasma Freezers
  • Enzyme Freezers
  • Explosion-Proof Freezers
  • Flammable Material Freezers.
• Refrigerator
  • Blood Bank Refrigerators
  • Chromatography Refrigerators
  • Explosion-Proof Refrigerators
  • Flammable Material Refrigerators
  • Laboratory Refrigerators
  • Pharmacy Refrigerators.
• Cryopreservation Systems

By End User

• Hospitals
• Pharmaceutical & Biotechnology Companies
• Blood Banks
• Medical Laboratories
• Others

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

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