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Ultra-low Temperature Freezers market will see an impressive year on year growth from 2018 to 2023
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By end users, Pharmaceuticals and Biotechnology companies segment is showing an impressive year-on-year increase, and this trend is expected to continue over our forecast period.
By end user, Pharmaceuticals and Biotechnology segment is estimated to account significant market share and is expected to grow rapidly during the forecast period on account of increasing research and development activities by pharmaceutical companies. In addition, an increasing number of pharmaceuticals and biotechnology companies in developing economies like China, India, and Brazil is further expected to drive the growth of the market during the forecast period.
North America region is expected to account for a significant share in the market.
North America Ultra-low Temperature Freezers market is estimated to have a significant share in terms of both value and volume in the global market and the region is further anticipated to grow during the forecast period on account of early adoption of technology and a large number of biobanks and research institute in the region. Furthermore, the high adoption of technological advanced ultra-low temperature freezers and stringent regulation for the use of a traditional freezer is further expected to drive the growth opportunities in the coming years.
Some of the major industry players profiled as part of the report are Panasonic Healthcare Corporation, Azbil Telstar S.L, Eppendorf AG, Helmer Scientific, Haier Biomedical and Thermo Fisher Scientific among others.
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Knowledge Sourcing Intelligence (KSI) is a market research and consulting organization based out of India. KSI publishes research studies spanning across ten industry verticals. KSI has a team of experienced and young professionals with a singular focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports per year centering on niche and latest technologies. We engage with key decision makers and stakeholders across the value chain to provide clients with a detailed analysis and bird’s-eye view of the market with whole market dynamics, statistical forecasts, competitive analysis, key trends, market drivers and challenges and strategic recommendations for making informed decisions. Our success lies in the effort of our analysts who strive to meet client expectations by delivering quality work within the stipulated deadlines.
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