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 2025. However, the high installation cost is a major restraining factor of this market.

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 2019. 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 2019, 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.

Years considered for this report:

Historical Years: 2015-2018

Base Year: 2019

Estimated Year: 2020

Forecast Period: 2021–2025

Objective of the Study:

  • To analyze and forecast the market size of global biomedical refrigerators and freezers market.
  • To classify and forecast global biomedical refrigerators and freezers market based on product, storage, temperature, capacity, end-user, company and region.
  • To identify drivers and challenges for global biomedical refrigerators and freezers market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global biomedical refrigerators and freezers market.
  • To conduct pricing analysis for global biomedical refrigerators and freezers market.
  • To identify and analyze the profile of leading players operating in global biomedical refrigerators and freezers market.

 

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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of service providers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the service providers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the service providers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global biomedical refrigerators and freezers market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Hospitals, clinics, diagnostic centers and laboratories
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to biomedical refrigerators and freezers

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as service providers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

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:

  • Market, By Product:
    • Pass-Through
    • Explosion Safe
    • Flammable storage
    • Combo/Dual Temperature
    • Ultra Low freezers
    • Plasma freezers
    • Others
  • Market, By Storage:
    • Blood
    • Vaccines
    • Plasma
    • DNA
    • Flammable chemicals
    • Others
  • Market, By Temperature:
    • RNA & DNA (-70°C to -80°C)
    • Vaccines (-30°C to -40 °C)
    • Others
  • Market, By Capacity:
    • 138L
    • 169L
    • 221L
    • 230L
    • 426L
    • 690L
    • Others
  • Market, By End-user:
    • Hospitals
    • Pharmacies
    • Diagnostic Centers
    • Research Laboratories
    • Blood Banks
  •  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).

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Voice of Customer

5.    Global Biomedical Refrigerators and Freezers Market Outlook

5.1.  Market Size & Forecast

5.1.1.     By Value & Volume

5.2.  Market Share & Forecast

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

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

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

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

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

5.2.6.     By Company (2019)

5.2.7.     By Region

5.3.  Market Attractiveness Index, By Product

6.    Asia-Pacific 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

6.2.2.     By Storage

6.2.3.     By Temperature

6.2.4.     By Capacity

6.2.5.     By End-User

6.2.6.     By Country

6.3.  Market Attractiveness Index, By Product

6.4.  Asia-Pacific: Country Analysis

6.4.1.     China Biomedical Refrigerators and Freezers Market Outlook

6.4.1.1.         Market Size & Forecast

6.4.1.1.1.             By Value

6.4.1.2.         Market Share & Forecast

6.4.1.2.1.             By Product

6.4.1.2.2.             By Storage

6.4.1.2.3.             By Temperature

6.4.1.2.4.             By Capacity

6.4.1.2.5.             By End-User

6.4.2.     India Biomedical Refrigerators and Freezers Market Outlook

6.4.2.1.         Market Size & Forecast

6.4.2.1.1.             By Value

6.4.2.2.         Market Share & Forecast

6.4.2.2.1.             By Product

6.4.2.2.2.             By Storage

6.4.2.2.3.             By Temperature

6.4.2.2.4.             By Capacity

6.4.2.2.5.             By End-User

6.4.3.     Japan Biomedical Refrigerators and Freezers Market Outlook

6.4.3.1.         Market Size & Forecast

6.4.3.1.1.             By Value

6.4.3.2.         Market Share & Forecast

6.4.3.2.1.             By Product

6.4.3.2.2.             By Storage

6.4.3.2.3.             By Temperature

6.4.3.2.4.             By Capacity

6.4.3.2.5.             By End-User

6.4.4.     South Korea Biomedical Refrigerators and Freezers Market Outlook

6.4.4.1.         Market Size & Forecast

6.4.4.1.1.             By Value

6.4.4.2.         Market Share & Forecast

6.4.4.2.1.             By Product

6.4.4.2.2.             By Storage

6.4.4.2.3.             By Temperature

6.4.4.2.4.             By Capacity

6.4.4.2.5.             By End-User

6.4.5.     Singapore Biomedical Refrigerators and Freezers Market Outlook

6.4.5.1.         Market Size & Forecast

6.4.5.1.1.             By Value

6.4.5.2.         Market Share & Forecast

6.4.5.2.1.             By Product

6.4.5.2.2.             By Storage

6.4.5.2.3.             By Temperature

6.4.5.2.4.             By Capacity

6.4.5.2.5.             By End-User

7.    Europe 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.  Europe: Country Analysis

7.4.1.     France 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.     Germany 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.     United Kingdom 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.     Italy 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.     Spain 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.    North America 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.  North America: Country Analysis

8.4.1.     United States 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.     Mexico 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.     Canada 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

9.    South 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.  South America: Country Analysis

9.4.1.     Brazil 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.     Argentina 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.     Colombia 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.  Middle East and Africa 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

10.4.              MEA: Country Analysis

10.4.1.  South Africa 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.  Saudi Arabia 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.  UAE 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.  Impact of COVID-19 on Global Biomedical Refrigerators and Freezers Market 

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Competition Outlook

14.2.              Players Profiled (Leading Companies)

14.2.1.  Thermo Fisher Scientific Inc.

14.2.2.  Terumo BCT, Inc.

14.2.3.  Eppendorf AG

14.2.4.  PHC Corporation

14.2.5.  Haier Inc.

14.2.6.  Arctiko A/S

14.2.7.  Binder GmbH

14.2.8.  Bionics Scientific Technologies (P) Inc.

14.2.9.  Desmon S.p.A.

14.2.10.                Froilabo- Techcomp Group

14.2.11.                Helmer Scientific, Inc.

14.2.12.                Migali Industries, Inc.

14.2.13.                Sofrigam SA

14.2.14.                Philipp Kirsch GmbH

14.2.15.                Cornerstone Capital Holding

14.2.16.                Marvel Refrigeration

14.2.17.                Liebherr International AG

14.2.18.                Follett LCC.

14.2.19.                B Medical Systems S.à r.l.

14.2.20.                Biobase Corporation

15.  Strategic Recommendations

16.  About Us & Disclaimer

  • Figure 1:  Global Biomedical Refrigerators & Freezers Market Size, By Volume (Thousand Units), By Value (USD Million), 2015-2025F
    Figure 2: Global Biomedical Refrigerators & Freezers Market Share, By Product Type, By Value, 2015-2025F
    Figure 3: Global Biomedical Refrigerators & Freezers Market Share, By Storage, By Value, 2015-2025F
    Figure 4: Global Biomedical Refrigerators & Freezers Market Share, By Temperature, By Value, 2015-2025F
    Figure 5: Global Biomedical Refrigerators & Freezers Market Share, By Capacity, By Value, 2015-2025F
    Figure 6: Global Biomedical Refrigerators & Freezers Market Share, By End User, By Value, 2015-2025F
    Figure 7: Global Biomedical Refrigerators & Freezers Market Share, By Company, By Value, 2019
    Figure 8: Global Biomedical Refrigerators & Freezers Market Share, By Region, By Value, 2015-2025F
    Figure 9: Global Biomedical Refrigerators & Freezers Market Share, By Region, By Value, 2019 & 2025F
    Figure 10:   Global Biomedical Refrigerators & Freezers Market Map, By Product Type - Market Size  (USD Million) & Growth Rate (%)
    Figure 11:   North America Biomedical Refrigerators & Freezers Market Size, By Volume (Thousand Units), By Value (USD Million), 2015-2025F
    Figure 12:  North America Biomedical Refrigerators & Freezers Market Share, By Product Type, By Value, 2015-2025F
    Figure 13: North America Biomedical Refrigerators & Freezers Market Share, By Storage, By Value, 2015-2025F
    Figure 14:  North America Biomedical Refrigerators & Freezers Market Share, By Temperature, By Value, 2015-2025F
    Figure 15:  North America Biomedical Refrigerators & Freezers Market Share, By Capacity, By Value, 2015-2025F
    Figure 16: North America Biomedical Refrigerators & Freezers Market Share, By End User, By Value, 2015-2025F
    Figure 17:  North America Biomedical Refrigerators & Freezers Market Share, By Country, By Value, 2015-2025F
    Figure 18:  North America Biomedical Refrigerators & Freezers Market Map, By Product Type- Market Size (USD Million) & Growth Rate (%)
    Figure 19: USA Biomedical Refrigerators & Freezers Market Size, By Volume (Thousand Units), By Value (USD Million), 2015-2025F
    Figure 20:  Type of Labs in United States (%), 2019
    Figure 21: USA Biomedical Refrigerators & Freezers Market Share, By Product Type, By Value, 2015-2025F
    Figure 22: USA Biomedical Refrigerators & Freezers Market Share, By Storage, By Value, 2015-2025F
    Figure 23: USA Biomedical Refrigerators & Freezers Market Share, By Temperature, By Value, 2015-2025F
    Figure 24: USA Biomedical Refrigerators & Freezers Market Share, By Capacity, By Value, 2015-2025F
    Figure 25: USA Biomedical Refrigerators & Freezers Market Share, By End User, By Value, 2015-2025F
    Figure 26: Canada Biomedical Refrigerators & Freezers Market Size, By Volume (Thousand Units), By Value (USD Million), 2015-2025F
    Figure 27: Canada Hospital Establishments, By Region, 2019 (Units)
    Figure 28: Canada Biomedical Re