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Biomedical Refrigerators Market Analysis and Development Trends 2018-2026

Escalating demand for cellular therapies, blood transfusions, organ transplant, and biopharmaceuticals is stimulating growth of the biomedical refrigerators market.
Biomedical Refrigerators Market Size, Share,
Trend, Outlook, Future Growth Analysis
And Synthesis By 2026
Biomedical refrigerators are medical equipment used for storing various biological samples such as
biological reagents, medicines, vaccines, blood, blood derivatives, deoxyribonucleic acid (DNA),
ribonucleic acid (RNA), and flammable chemicals. Samples with biological origin require accurate
conditions for effective storage, which is more effectively provided by biomedical refrigerators in
compared with domestic refrigerators. Samples of biological origin are usually available in blood banks,
research laboratories, hospitals, educational institutes, and diagnostic centers. Biomedical refrigerators
maintain hygiene and consistent temperature in order to reduce the risk of bacterial contamination and
explosions of unstable materials, due to which these refrigerators are widely used in blood banks,
biomedical laboratories and hospitals. Biomedical refrigerators feature distinct compartments so as to
prevent cross contamination and can hold a variety of medical supplies such as blood or vaccines.
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Escalating demand for cellular therapies, blood transfusions, organ transplant, and biopharmaceuticals is
stimulating growth of the biomedical refrigerators market. In addition, increasing biomedical R&D
activities is boosting demand for biomedical refrigerators, to store biological samples. However, presence
of large number of local players and increasing use of renewed equipment are some of the factors
hampering growth of the global biomedical refrigerators market. Rampant advancements in technology
and infrastructural upgrade of clinics, hospitals, and research laboratories, is expected to fuel growth of
the global biomedical refrigerators market over the forecast period.
Factors such as increasing importance on energy-efficient refrigerators are driving the prospects
for growth of the biomedical refrigerators market. A major challenge faced by the market
includes reduction in energy consumption. According to the current standards, refrigerants are
required to have minimum global warming potential, an ozone depleting potential of zero, and
be nontoxic as well as inflammable. It is highly challenging to adhere to these standards while
maintaining a stable temperature control. Therefore, manufacturers are focusing on developing
technologies to maximize efficiency and temperature consistency, while minimizing heat and
energy consumption. Improvement of healthcare infrastructure due to the increasing support
from government and industry participants to provide technical and financial assistance in
procurement of biomedical refrigerators is a positive trend witnessed in the market. These
factors in turn, are expected to boost growth of the market in the near future.
Report includes chapters which deeply display the following deliverable about industry :
• Biomedical Refrigerators Market Research Objective and Assumption
• Biomedical Refrigerators Market Purview - Report Description, Executive Summary, and
Coherent Opportunity Map (COM)
• Biomedical Refrigerators Market Dynamics, Regulations, and Trends Analysis - Market
Dynamics, Regulatory Scenario, Industry Trend, Merger and Acquisitions, New system
Launch/Approvals, Value Chain Analysis, Porter’s Analysis, and PEST Analysis
• Global Biomedical Refrigerators Market, By Regions
• Biomedical Refrigerators Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Biomedical Refrigerators Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Biomedical Refrigerators Market Manufacturing Cost Analysis including Key Raw Materials and
Key Suppliers of Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market
Positioning and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Biomedical Refrigerators Market Forecast including Production, Consumption, Import and
Export Forecast by Type, Applications and Region.
• Research Findings and Conclusion
North America holds the maximum market share, majorly attributed to presence of high quality
standards and high expenses on hospital and healthcare infrastructure in the region. The U.S. spends
major share of its GDP toward healthcare, with an aim to improve patient care, reduce the wastage of
pharmaceutical and biological components. Growing prevalence of chronic diseases coupled with
increasing geriatric population, is triggering research and development that requires appropriate
biomedical storage of samples. This is significantly driving the number of blood transfusion procedures,
consumption of various pharmaceutical products. This in turn, is boosting demand for biomedical
refrigerators across all the end-use segments. Emerging economies such as India, China, and Indonesia
are increasingly boosting the expenditure on healthcare infrastructure and medical services.
Major Key Players
Key players operating in the global biomedical refrigerators market include Thermo Fisher Scientific,
Aegis Scientific, Inc., Panasonic Healthcare Co. Ltd., Eppendorf AG, Terumo Corporation, Haier
Biomedical, Philipp Kirsch GmbH, Leibherr Group, Inc., and Helmer Scientific.
Biomedical Refrigerators Market
On the basis of product type, the biomedical refrigerator market:
Blood Bank Refrigerators
Laboratory Refrigerators
On the basis of end user, the biomedical refrigerator market:
Diagnostic Centers
Research Laboratories
Blood Banks
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About Coherent Market Insights
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analysis through various recommendations related to emerging market trends, technologies, and
potential absolute dollar opportunity.
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