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Ultra-Low Temperature Freezer Market 2018; Renowned Players like Panasonic Healthcare, VWR, Haier, etc. by 2022
Ultra-Low Temperature Freezer Market Report include on MarketReseacrhFuture.com with exhaustive Study. The report aims to provide an overview of Ultra-Low Temperature Freezer Market Report. The report provides key statistics on the market status. Global Forecast till 2022.Global Ultra-Low Temperature Freezer Market - Overview
The global market for Ultra-Low Temperature Freezer is expected to reach USD 701.4 million by the end of the forecasted period and is expected to grow at a CAGR of 2.7%. Ultra-low temperature freezers (ULT freezers) are the type of bio-freezers that utilized for the preservation of viruses, bacteria, drugs, enzymes, chemicals, cell preparations and tissue samples among others. They generally have a temperature range of - 45C to - 86C. There are majorly two types of ULT freezers; Upright and Chest ULT freezers.
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The freezers consume around 16 to 22 kilowatt hours (kWh) every day at their early stage. After few years of administration, some freezers consume more than 30 kWh every day, and due to that generally around 30% of the samples preserved in them become obsolete, unrecoverable or generally not valuable for further research. ULT freezers are used in most of the laboratories, bio-banks, hospitals and in other biomedical infrastructures.
The market for ULT freezer market is growing with increasing need of development in biomedical industry. Moreover in recent years the investment for biomedical R&D by Asian countries like china, South Korea, India, Japan and others subsequently increased when compared to North America and Europe. This shows that the ULT freezers market is expected to grow at fastest rate in the Asia region with most of the development countries.
Key players:
Some of the key players in this market are: Panasonic Healthcare Corporation of North America, VWR International, Helmer Scientific, Haier, Eppendrof AG, Thermofisher Scientific Inc. and others.
Market segments:
Global Ultra-low temperature freezer market has been segmented on the basis of type which comprises ofupright ULT freezers, chest ULT freezers. On the basis of end user; market is segmented into bio-banks, hospital, academic & research institute and others.
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Regional analysis for Ultra-Low Temperature Freezer market:
Globally North America is the largest market for ultra-low temperature freezer. The North American market for Ultra-low temperature freezer is expected to reach at USD 393.9 Million by the end of the forecasted period.
Europe is the second-largest market for ultra-low temperature freezer which is expected to grow at a CAGR of 2.8%. Asia pacific region is expected to be fastest growing region in Ultra-low temperature freezer market.
Major TOC of Ultra-Low Temperature Freezer Market Research Report- Global Forecast till 2020:
1 INTRODUCTION
2 RESEARCH METHODOLOGY
3 MARKET DYNAMICS
4 MARKET FACTOR ANALYSIS
5 GLOBAL ULTRA-LOW TEMPERATURE FREEZER MARKET, BY TYPE
6 GLOBAL ULTRA-LOW TEMPERATURE FREEZER MARKET, BY END USER
7 GLOBAL ULTRA-LOW TEMPERATURE FREEZER MARKET, BY REGION
8 COMPETITIVE LANDSCAPE
9 COMPANY PROFILES
10 APPENDIX
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