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Ultra-Low Temperature Freezer Market Will Exhibit a Steady Growth to Reach USD 701.4 Million Says Panasonic Healthcare, VWR International, Haier, Thermofisher Scientific Inc. etc. by 2022

08-17-2018 10:04 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Ultra-Low Temperature Freezer Market

Ultra-Low Temperature Freezer Market

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 Ultra-Low Temperature 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.

Furthermore, the manufacturers are keen in developing the existing ULT freezers. The companies like Thermo Fishers and Panasonic Healthcare have developed more energy efficient ultra-low temperature freezers that could save more than 20% of the energy consumed by the ULT freezers. With these developments the market for ULT freezers is expected grow increase exponentially.

Global Ultra-Low Temperature Freezer Market - 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.

Global Ultra-Low Temperature Freezer Market - Regional Analysis

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.

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Global Ultra-Low Temperature Freezer Market – Segments

Global Ultra-low temperature freezer market has been segmented on the basis of type which comprises of upright ULT freezers, chest ULT freezers. On the basis of end user; market is segmented into bio-banks, hospital, academic & research institute and others

Major Table of Content

Chapter 1. Report Prologue

Chapter 2. Market Introduction

2.1 Definition

2.2 Scope of the Study

2.2.1 Research Objective

2.2.2 Assumptions

2.2.3 Limitations

Chapter 3. Research Methodology

3.1 Introduction

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

Chapter 4. Market Dynamics

Continued….

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Contact:
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune – 411028
Maharashtra, India
+1 646 845 9312
Email: salesteam@marketresearchfuture.com

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