The global market for biomedical refrigerators and freezers was valued at USD2.88 billion in 2019 and is projected to grow at a CAGR of 4.72% in value terms during the forecast period. Biomedical refrigerators and freezers have the capabilities to store the biological samples like blood and urine at the desired low temperatures for diagnosis and testing purposes. Rise in number of blood banks all over the world calls for biomedical refrigerators and freezers to provide high quality samples to the patients. Additionally, biomedical refrigerators and freezers are environmentally friendly as they release less GHG in the atmosphere, which is anticipated to positively impact the growth of the market until 2027. However, the high installation cost is a major restraining factor of this market.

Government Initiatives

Rising number of government initiatives for research activities and clinical trials in emerging countries is expected to drive the biomedical refrigerators and freezers market. Furthermore, growing consciousness about blood donations and initiatives taken by governments to promote donation are expected to positively influence the overall market during the forecast period.

Increase in the Number of R&D Activities

Rising number of research and development activities across the globe will drive the global biomedical refrigerators and freezers market. Prominent industry players such as Thermo Fisher and Panasonic are focusing their efforts on R&D activities to serve customers demand by integrating improvisations in biomedical refrigerators and freezers.

Technological Innovations

Technological advancements in healthcare grade refrigerators and freezers are also anticipated to drive the growth of the biomedical refrigerators and freezers market during the forecast period. For e.g., Blood Bank Information Systems (BBIS) are computer systems that have been developed specifically to assist the blood bank professionals in management of the patients, the donors and blood component information. BBIS helps to assess trends and decide future policies by accessing the statistical information and to correlate the laboratory data with donor records.

Market Segmentation

The global biomedical refrigerators and freezers market is segmented on the basis of product, storage, temperature, capacity, end-user, company and region. The product segment is bifurcated into pass-through, explosion safe, flammable storage, combo/dual temperature, ultra-low freezers, plasma freezers and others. Out of which the plasma freezers are likely to hold the largest market share as plasmapheresis is the most frequently used technique amongst all the techniques as of 2021. Based on storage, blood segment accounted for the largest market share of 29.27% with the rising number of blood banks for diagnosing and transfusing purposes all over the world.

As of 2021, North America held the largest market share of 43.98% by virtue of the increasing cases due to the progress of biobanks and genome engineering. In North America, United States is the largest contributor to the market share of biomedical refrigerators and freezers.

Major players in the global biomedical refrigerators and freezers market include Thermo Fisher Scientific Inc., Terumo BCT, Inc., Eppendorf AG, PHC Corporation, Haier Inc., Arctiko A/S, Binder GmbH, Bionics Scientific Technologies (P) Inc., Desmon S.p.A., Froilabo- Techcomp Group, Helmer Scientific, Inc., Migali Industries, Inc., Sofrigam SA, Philipp Kirsch GmbH, Cornerstone Capital Holding, Marvel Refrigeration, Liebherr International AG, Follett LCC., B Medical Systems S.à r.l., Biobase Corporation, etc. The inter-company competition keeps on increasing parallelly with the market which in turn leads to innovations in technology, thus increasing customer satisfaction on a global level.

 

Attribute

Details

Base Year

2021

Historical Data

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2017-2021 and 2022E-2027F

 

Report coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

 

Segments covered

·         Product

·         Storage

·         Temperature

·         Capacity

·         End User

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Singapore; Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Brazil, Argentina, Colombia

Key companies profiled

Thermo Fisher Scientific Inc., Terumo BCT, Inc., Eppendorf AG, PHC Corporation, Haier Inc., Arctiko A/S, Binder GmbH, Bionics Scientific Technologies (P) Inc., Desmon S.p.A., Froilabo- Techcomp Group, Helmer Scientific, Inc., Migali Industries, Inc., Sofrigam SA, Philipp Kirsch GmbH, Cornerstone Capital Holding, Marvel Refrigeration, Liebherr International AG, Follett LCC., B Medical Systems S.à r.l., Biobase Corporation.

Customization scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:


In this report, global Biomedical refrigerators and freezers market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Biomedical Refrigerators and Freezers Market, By Product:
    • Pass-Through
    • Explosion Safe
    • Flammable storage
    • Combo/Dual Temperature
    • Ultra Low freezers
    • Plasma freezers
    • Others
  • Biomedical Refrigerators and Freezers Market, By Storage:
    • Blood
    • Vaccines
    • Plasma
    • DNA
    • Flammable chemicals
    • Others
  • Biomedical Refrigerators and Freezers Market, By Temperature:
    • RNA & DNA (-70°C to -80°C)
    • Vaccines (-30°C to -40 °C)
    • Others
  • Biomedical Refrigerators and Freezers Market, By Capacity:
    • 138L
    • 169L
    • 221L
    • 230L
    • 426L
    • 690L
    • Others
  • Biomedical Refrigerators and Freezers Market, By End-user:
    • Hospitals
    • Pharmacies
    • Diagnostic Centers
    • Research Laboratories
    • Blood Banks
  •  Biomedical Refrigerators and Freezers Market, By Region:
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea
      • Singapore
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle east & Africa
      • South Africa
      • Saudi Arabia
      • UAE

 

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global biomedical refrigerators and freezers market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com

1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Biomedical Refrigerators and Freezers Market 

4.    Executive Summary

5.    Voice of Customer

6.    Global Biomedical Refrigerators and Freezers Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value & Volume

6.2.  Market Share & Forecast

6.2.1.     By Product (Pass-Through, Explosion Safe, Flammable storage, Combo/Dual Temperature, Ultra Low freezers, Plasma freezers, Others)

6.2.2.     By Storage (Blood, Vaccines, Plasma, DNA, Flammable chemicals, Others)

6.2.3.     By Temperature (RNA & DNA (-70°C to -80°C), Vaccines (-30°C to -40 °C), Others)

6.2.4.     By Capacity (138L, 169L, 221L, 230L, 426L, 690L, Others)

6.2.5.     By End-User (Hospitals, Pharmacies, Diagnostic Centers, Research Laboratories, Blood Banks)

6.2.6.     By Company (2019)

6.2.7.     By Region

6.3.  Market Attractiveness Index, By Product

7.    Asia-Pacific Biomedical Refrigerators and Freezers Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value & Volume

7.2.  Market Share & Forecast

7.2.1.     By Product

7.2.2.     By Storage

7.2.3.     By Temperature

7.2.4.     By Capacity

7.2.5.     By End-User

7.2.6.     By Country

7.3.  Market Attractiveness Index, By Product

7.4.  Asia-Pacific: Country Analysis

7.4.1.     China Biomedical Refrigerators and Freezers Market Outlook

7.4.1.1.         Market Size & Forecast

7.4.1.1.1.             By Value

7.4.1.2.         Market Share & Forecast

7.4.1.2.1.             By Product

7.4.1.2.2.             By Storage

7.4.1.2.3.             By Temperature

7.4.1.2.4.             By Capacity

7.4.1.2.5.             By End-User

7.4.2.     India Biomedical Refrigerators and Freezers Market Outlook

7.4.2.1.         Market Size & Forecast

7.4.2.1.1.             By Value

7.4.2.2.         Market Share & Forecast

7.4.2.2.1.             By Product

7.4.2.2.2.             By Storage

7.4.2.2.3.             By Temperature

7.4.2.2.4.             By Capacity

7.4.2.2.5.             By End-User

7.4.3.     Japan Biomedical Refrigerators and Freezers Market Outlook

7.4.3.1.         Market Size & Forecast

7.4.3.1.1.             By Value

7.4.3.2.         Market Share & Forecast

7.4.3.2.1.             By Product

7.4.3.2.2.             By Storage

7.4.3.2.3.             By Temperature

7.4.3.2.4.             By Capacity

7.4.3.2.5.             By End-User

7.4.4.     South Korea Biomedical Refrigerators and Freezers Market Outlook

7.4.4.1.         Market Size & Forecast

7.4.4.1.1.             By Value

7.4.4.2.         Market Share & Forecast

7.4.4.2.1.             By Product

7.4.4.2.2.             By Storage

7.4.4.2.3.             By Temperature

7.4.4.2.4.             By Capacity

7.4.4.2.5.             By End-User

7.4.5.     Singapore Biomedical Refrigerators and Freezers Market Outlook

7.4.5.1.         Market Size & Forecast

7.4.5.1.1.             By Value

7.4.5.2.         Market Share & Forecast

7.4.5.2.1.             By Product

7.4.5.2.2.             By Storage

7.4.5.2.3.             By Temperature

7.4.5.2.4.             By Capacity

7.4.5.2.5.             By End-User

8.    Europe Biomedical Refrigerators and Freezers Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value & Volume

8.2.  Market Share & Forecast

8.2.1.     By Product

8.2.2.     By Storage

8.2.3.     By Temperature

8.2.4.     By Capacity

8.2.5.     By End-User

8.2.6.     By Country

8.3.  Market Attractiveness Index, By Product

8.4.  Europe: Country Analysis

8.4.1.     France Biomedical Refrigerators and Freezers Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Product

8.4.1.2.2.             By Storage

8.4.1.2.3.             By Temperature

8.4.1.2.4.             By Capacity

8.4.1.2.5.             By End-User

8.4.2.     Germany Biomedical Refrigerators and Freezers Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Product

8.4.2.2.2.             By Storage

8.4.2.2.3.             By Temperature

8.4.2.2.4.             By Capacity

8.4.2.2.5.             By End-User

8.4.3.     United Kingdom Biomedical Refrigerators and Freezers Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Product

8.4.3.2.2.             By Storage

8.4.3.2.3.             By Temperature

8.4.3.2.4.             By Capacity

8.4.3.2.5.             By End-User

8.4.4.     Italy Biomedical Refrigerators and Freezers Market Outlook

8.4.4.1.         Market Size & Forecast

8.4.4.1.1.             By Value

8.4.4.2.         Market Share & Forecast

8.4.4.2.1.             By Product

8.4.4.2.2.             By Storage

8.4.4.2.3.             By Temperature

8.4.4.2.4.             By Capacity

8.4.4.2.5.             By End-User

8.4.5.     Spain Biomedical Refrigerators and Freezers Market Outlook

8.4.5.1.         Market Size & Forecast

8.4.5.1.1.             By Value

8.4.5.2.         Market Share & Forecast

8.4.5.2.1.             By Product

8.4.5.2.2.             By Storage

8.4.5.2.3.             By Temperature

8.4.5.2.4.             By Capacity

8.4.5.2.5.             By End-User

9.    North America Biomedical Refrigerators and Freezers Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value & Volume

9.2.  Market Share & Forecast

9.2.1.     By Product

9.2.2.     By Storage

9.2.3.     By Temperature

9.2.4.     By Capacity

9.2.5.     By End-User

9.2.6.     By Country

9.3.  Market Attractiveness Index, By Product

9.4.  North America: Country Analysis

9.4.1.     United States Biomedical Refrigerators and Freezers Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Product

9.4.1.2.2.             By Storage

9.4.1.2.3.             By Temperature

9.4.1.2.4.             By Capacity

9.4.1.2.5.             By End-User

9.4.2.     Mexico Biomedical Refrigerators and Freezers Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Product

9.4.2.2.2.             By Storage

9.4.2.2.3.             By Temperature

9.4.2.2.4.             By Capacity

9.4.2.2.5.             By End-User

9.4.3.     Canada Biomedical Refrigerators and Freezers Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Product

9.4.3.2.2.             By Storage

9.4.3.2.3.             By Temperature

9.4.3.2.4.             By Capacity

9.4.3.2.5.             By End-User

10.  South America Biomedical Refrigerators and Freezers Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value & Volume

10.2.              Market Share & Forecast

10.2.1.  By Product

10.2.2.  By Storage

10.2.3.  By Temperature

10.2.4.  By Capacity

10.2.5.  By End-User

10.2.6.  By Country

10.3.              Market Attractiveness Index, By Product

10.4.              South America: Country Analysis

10.4.1.  Brazil Biomedical Refrigerators and Freezers Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Product

10.4.1.2.2.           By Storage

10.4.1.2.3.           By Temperature

10.4.1.2.4.           By Capacity

10.4.1.2.5.           By End-User

10.4.2.  Argentina Biomedical Refrigerators and Freezers Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Product

10.4.2.2.2.           By Storage

10.4.2.2.3.           By Temperature

10.4.2.2.4.           By Capacity

10.4.2.2.5.           By End-User

10.4.3.  Colombia Biomedical Refrigerators and Freezers Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Product

10.4.3.2.2.           By Storage

10.4.3.2.3.           By Temperature

10.4.3.2.4.           By Capacity

10.4.3.2.5.           By End-User

11.  Middle East and Africa Biomedical Refrigerators and Freezers Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value & Volume

11.2.              Market Share & Forecast

11.2.1.  By Product

11.2.2.  By Storage

11.2.3.  By Temperature

11.2.4.  By Capacity

11.2.5.  By End-User

11.2.6.  By Country

11.3.              Market Attractiveness Index

11.4.              MEA: Country Analysis

11.4.1.  South Africa Biomedical Refrigerators and Freezers Market Outlook

11.4.1.1.      Market Size & Forecast

11.4.1.1.1.           By Value

11.4.1.2.      Market Share & Forecast

11.4.1.2.1.           By Product

11.4.1.2.2.           By Storage

11.4.1.2.3.           By Temperature

11.4.1.2.4.           By Capacity

11.4.1.2.5.           By End-User

11.4.2.  Saudi Arabia Biomedical Refrigerators and Freezers Market Outlook

11.4.2.1.      Market Size & Forecast

11.4.2.1.1.           By Value

11.4.2.2.      Market Share & Forecast

11.4.2.2.1.           By Product

11.4.2.2.2.           By Storage

11.4.2.2.3.           By Temperature

11.4.2.2.4.           By Capacity

11.4.2.2.5.           By End-User

11.4.3.  UAE Biomedical Refrigerators and Freezers Market Outlook

11.4.3.1.      Market Size & Forecast

11.4.3.1.1.           By Value

11.4.3.2.      Market Share & Forecast