United States Biomedical Refrigerators & Freezers Market By Product (Pass-Through, Explosion Safe, Flammable Storage, Combo/Dual Temperature, Ultra Low Freezers, Plasma Freezers, Others), By Storage (Blood, Vaccines, Plasma, DNA, Flammable Chemicals, Others), By Temperature (RNA & DNA {-70C to -80C}, Vaccines {-30C to -40C} & Others), By Capacity (138L, 169L, 221L, 230L, 426L, 690L, Others), By End-User (Hospitals, Pharmacies, Diagnostic Centers, Research Laboratories, Blood Banks), By Region, Competition Forecast & Opportunities, 2027

United States biomedical refrigerators & freezers market is anticipated to project a robust growth in the CAGR in the forecast years, 2023-2027. The market growth can be attributed to the rising instances of the chronic diseases along with the rising demand of the storage of the biomedical products like blood samples, reagents, vaccines, DNA samples, etc. Moreover, the need to provide a favorable environment for the biomedical solutions and sample, as in thermal insulation and need to avoid the biodegradation of the biomedical materials is driving the growth of the biomedical refrigerators & freezers market in the upcoming five years. 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. These biomedical freezers are available in different specifications to suit the specific commercial needs like the plasma freezers are used for the storage of blood and plasma products. These products are to be strictly maintained at -30°C to 40°C. Also, the ultra-low temperature freezers are used for long term storage of DNA and RNA samples products at a range of 70°C to 80 °C, to fulfill such requirements manufacturers   have designed and produced appropriate biomedical freezers, the surge in the demand is supporting the growth of the United States biomedical refrigerator & freezers market to grow in the upcoming five years.

The United States biomedical refrigerator & freezers market is segmented by product, storage, temperature, capacity, end-user, competitional landscape, and regional distribution. Based on product the market is further bifurcated into pass-through, explosion safe, flammable storage, combo/dual temperature, ultra-low freezers, plasma freezers, and others. Plasma freezers are anticipated to hold the largest shares of the market and assert its dominance over the other sub-segments. The market growth can be accounted over rising demand for collection and storage of several blood components such as platelets, plasma and others. Moreover, due to the recent outbreak of COVID-19 the demand for the plasma freezers is increasing for the transportation of plasma for the treatment as well as vaccine for the precaution from the viral infection. Also, supply of concentrated oxygen for the treatment for COVID-19 in the states along with the increased export to the other countries like India, the market is anticipated to grow multiple folds in the future five years.

Holding the largest shares of the market a partial list of market players includes Thermo Fischer Scientific, Inc., Terumo BCT, Inc., Helmer Scientific Inc., Migali Industries, Inc., Sofrigam USA, Cornerstone Capital Holdings, LLC, Panasonic Healthcare Corporation of North America, Marvel Refrigeration, Follett LLC, Eppendorf North America, among others. Market players are dedicated toward esteemed research and development of the advanced technology that can provide better storage and freezing property for the freezers and prolong the life of the contents stored within. Consistent research has accomplished the room for the better and advanced products satisfying the consumer demands. Further strategic recommendations may include acquisitions and partnerships.

Objective of the Study:

• To analyze the historical growth of the market size of United States biomedical refrigerators & freezers market from 2017 to 2021.
• To estimate and forecast the market size of United States biomedical refrigerators & freezers market from 2022 to 2027 and growth rate until 2027. 
• To classify and forecast United States biomedical refrigerators & freezers market based on product, storage, temperature, capacity, end-user, competitional landscape, and regional distribution.
• To identify dominant region or segment in the United States biomedical refrigerators & freezers market.
• To identify drivers and challenges for United States biomedical refrigerators & freezers market.
• To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in United States biomedical refrigerators & freezers market.
• To identify and analyze the profile of leading players operating in United States biomedical refrigerators & freezers market.
• To identify key sustainable strategies adopted by market players in United States biomedical refrigerators & 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 manufacturers, suppliers, and service providers across the country. 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 manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of United States biomedical refrigerators & 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:

• Manufacturers, end users, and other stakeholders
• Distributers and suppliers of the products and other stakeholders
• Organizations, forums, and alliances related to biomedical refrigerators & freezers
• Market research and consulting firms

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

Report Scope:

In this report, United States biomedical refrigerators & freezers market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

• United States Biomedical Refrigerators & Freezers Market, By Product:
• Pass-Through
• Explosion Safe
• Flammable Storage
• Combo/Dual Temperature
• Ultra-Low Freezers
• Plasma Freezers
• Others
• United States Biomedical Refrigerators & Freezers Market, By Storage:

o   Blood

o   Vaccines

o   Plasma

o   DNA

o   Flammable Chemicals

o   Others

• United States Biomedical Refrigerators & Freezers Market, By Temperature:

o   RNA & DNA {-70C to -80C}

o   Vaccines {-30C to -40C}

o   Others

• United States Biomedical Refrigerators & Freezers Market, By Capacity:
• 138L
• 169L
• 221L
• 230L
• 426L
• 690L
• Others
• United States Biomedical Refrigerators & Freezers Market, By End Users:
• Hospitals
• Pharmacies
• Diagnostic Centers
• Research Laboratories
• Blood Banks
• United States Biomedical Refrigerators & Freezers Market, By Region:
• South West
• Mid-West
• North East

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in United States biomedical refrigerators & 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).

United States Biomedical Refrigerators & Freezers Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]