openPR Logo
Press release

Europe Biomedical Refrigerators and Freezers Market Research Investigates Growth, Industry Status and Outlook 2019-2024

09-12-2019 02:31 PM CET | Health & Medicine

Press release from: Graphical Research

Europe Biomedical Refrigerators and Freezers Market Research

Increasing prevalence of chronic diseases such as cancer, musculoskeletal diseases and autoimmune diseases coupled with growing elderly population base in European countries will drive the biomedical refrigerators and freezers market in the region. Moreover, increasing incidences of road accidents, trauma cases and growing cases of minor muscle injuries due to athletics and other sport activities will fuel need for blood transfusion procedures, thereby fueling industry growth. Aforementioned factors will upsurge the biomedical refrigerators and freezers market size during the forecast period.

Request for a sample of this report @ https://www.graphicalresearch.com/request/1015/sample

According to the Graphical Research new growth forecast report titled “Europe Biomedical Refrigerators and Freezers Market analysis based on Product, End-use, Industry Analysis Report, Regional Outlook, Application Potential, Competitive Market Share & Forecast, 2018 - 2024”, estimated to exceed USD 975 million by 2024.

Blood donation has become an essential medical procedure to support many different healthcare specialties across Europe in past few years. European Blood Alliance has developed quality and safety parameters for blood transfusion techniques ensuring safe blood transfusion procedures that prove beneficial for industry expansion. According to European Commission, around 2.9 million units of platelets and 3.6 million units of plasma were issued for transfusion by 28 European countries in 2015. Furthermore, developments in bio-banking techniques will boost the medical grade refrigerators and freezers business growth during the analysis period.

However, high cost of biomedical refrigerators and freezers coupled with their high maintenance cost may hinder industry growth in the foreseeable future. Presence of local market players may abrade the revenue of dominant players in price-sensitive countries resulting in hindrance to the Europe biomedical refrigerators and freezers industry growth.

Plasma freezers product segment dominated the Europe biomedical refrigerators and freezers market with USD 245.7 million revenue in 2017 owing to increasing demand for plasma freezers in blood banks, diagnostic centers, biomedical research centers and hospitals for proper storage of red cells, platelet concentrates, cryoprecipitate and fresh frozen plasma (FFP).

Blood banks refrigerators product segment will grow at 4.1% during the forecast period due to increasing number of blood donations in the region. These refrigerators are used for storing blood and plasma at temperatures between 2°C and 6°C to render them suitable for emergency transfusions.

Blood bank end-use segment of Europe biomedical refrigerators and freezers market accounted for 37.9% revenue share in 2017 due to rising awareness among people regarding blood donation, leading to increasing rate of blood donation in the region. Demand for blood transfusion is high amongst European countries owing to large population undergoing chemotherapy for cancer treatment. Increasing adoption of medical-grade refrigerators and freezers at blood banks to ensure integrity of vaccines, blood components, sensitive samples, as well as other patient specimens will accelerate the market growth throughout the forecast timeframe.

Germany biomedical refrigerators and freezers market dominated the Europe market with 18.3% revenue share in 2017, owing to rising prevalence of cancer in the region. Demand for chemotherapy treatment is increasing in recent years owing to availability of well-developed healthcare facilities and high healthcare expenditure. Moreover, growing geriatric population base prone to chronic diseases will upsurge the industry size over the forecast period.

France biomedical refrigerators and freezers market is estimated to witness 4.1% CAGR growth during the analysis timeframe owing to growing elderly population suffering from infectious and auto-immune diseases such as leukemia, Hepatitis C and cancer. According to Connexion French Magazine, France has population of 67.2 million out of which 19.6% are in the age group of 65 years and above. Furthermore, rising demand for blood transfusion procedures for disease treatment and increasing incidence of sports injuries will spur the growth of France biomedical refrigerators and freezers market over the coming years.

Key industry players operating in Europe biomedical refrigerators and freezers market are Aegis Scientific, Arctiko, Azbil, B Medical Systems, Binder, Eppendorf, Follett, Haier Biomedical, Liebherr-International, Migali Scientific, Panasonic Healthcare Corporation Europe B.V., and Thermo Fisher Scientific. Notable market players are primarily focusing on new product launches as well as strategic mergers and acquisitions to garner profits and maintain their positions in Europe biomedical refrigerators and freezers industry.

Segments we Cover:

Europe Biomedical Refrigerators and Freezers Market By Product
Plasma freezers
Blood Bank Refrigerators
Lab Refrigerators
Lab Freezers
Ultra-Low Temperature Freezers
Shock Freezers

Europe Biomedical Refrigerators and Freezers Market By End-use
Blood Banks
Pharmacies
Hospitals
Research Labs
Diagnostic Centers
Others

Browse key industry insights along with Table of Content @ https://www.graphicalresearch.com/industry-insights/1015/europe-biomedical-refrigerators-and-freezers-market

Contact Us:
Parikhit B.
Corporate sales,
Graphical Research
Email: sales@graphicalresearch.com
Web: https://www.graphicalresearch.com

About Graphical Research:
Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Europe Biomedical Refrigerators and Freezers Market Research Investigates Growth, Industry Status and Outlook 2019-2024 here

News-ID: 1832608 • Views: 315

More Releases from Graphical Research

Asia Pacific Portable Air Compressor Market: Sales, Consumption, Demand and Fore …
According to the Graphical Research new growth forecast report titled Asia Pacific Portable Air Compressor Market By Technology (Rotary, Reciprocating), By Application (Building & Construction, Food & Beverage, Oil & Gas, Energy, Semiconductor & Electronics, Manufacturing, Healthcare [Medical, Dental], Mining & Construction, Municipal), By Lubrication (Oil Free, Oil Filled), Industry Analysis Report, Regional Outlook (China, India, Japan, Australia, Indonesia, Malaysia)”, to exceed USD 4.5 billion by 2024. Request for a
Landscape Of The Africa Advanced Wound Care Market Outlook: Graphical Research
According to the Graphical Research new growth forecast report titled “Africa Advanced Wound Care Market By Product (Wound Dressings {Antimicrobial Dressings, Alginate Dressings, Hydrogel Dressings, Foam Dressings, Film Dressings, Hydrocolloidal Dressings}, Wound Therapy Devices {Negative Pressure Wound Therapy Systems, Pressure Relief Devices, Electrostimulation Devices, Oxygen And Hyperbaric Oxygen Equipment} Others {Bioengineered Skin and Substitutes, Growth Factors}), By Application (Diabetic Wounds, Skin Burn Wounds, Pressure Wound, Surgical Wounds, Venous Legs Ulcers),
Asia Pacific Endpoint Security Market History, Present, Future and Forecast (201 …
The Asia Pacific endpoint security market is growing due to the high rate of cyber-crimes and the extensive use of internet. India was ranked among the top five countries to be affected by cybercrimes in 2017, according to the Internet Security Threat Report (ISTR) by an online security firm Symantec. According to the ISTR by Symantec, Australia ranked second for having the highest proportion of malicious email-borne attack links in
Asia Pacific Railway Management System Market Economic Trends, Challenges, Indus …
According to the Graphical Research new growth forecast report titled “Asia Pacific Railway Management System Market Growth By Component (Solution [Rail Operation Management System {Revenue Management Solution, Ticketing Management Solution, Facility Management Solution, Workforce Management Solution, Rail Automation Management Solution}, Rail Traffic Management System {Real-Time Train Planning And Route Scheduling Solution, Intelligent Signaling Solution, Centralized Traffic Control Solution}, Rail Asset Management System {Train Information Solution, Track Monitoring Solution}, Rail Control

All 5 Releases


More Releases for Europe

Synthetic Biology Market – Europe
Synthetic Biology Market Europe is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). Synthetic biology has expanded into various interdisciplinary fields that may be defined as the combination of artificial design and engineering to produce biological systems, chemicals or living organisms. Synthetic biology is also used for improving applications
Europe Wooden Doors Market
Europe Wooden Doors Market https://www.qandqmarketresearch.com/reports/wooden-doors-market-78 This report studies the Wooden Doorsmarket status and outlook of Europe and major countries, from angles of players, countries, product types and end industries; this report analyzes the top players in Europe and major countries, and splits the Wooden Doors market by product type and applications/end industries. The global Wooden Doors market is valued at XX million USD in 2018 and is expected to reach XX million
Europe Radiotherapy Market
The Europe Radiotherapy Market research report consists of a primary and secondary research along with an in-depth analysis of the quantitative and qualitative aspects by the expert industry analysts and professionals, leading management bodies, to gain a profound insight of the industry as well as the industry performance. The Europe Radiotherapy Market report presents a lucid picture of the current industry landscape, including the historical and projected market size, based
Europe Business Assembly
The Europe Business Assembly (EBA) is an international corporation for the evolution and implementation of economic and social development. The company was established in April 2000 and its history shows a plethora of promising initiatives, creative growth and professional victories. EBA’s activity demonstrates the capabilities and power of professional partnership. The year 2000 saw the beginning and the foundation of EBA with the signing of the memorandum of cooperation and
Smartsourcing in Eastern Europe
In 2008 the outsourcing business of Eastern Europe was estimated at nearly $2 billion, representing just a tiny fraction of the global IT outsourcing market, estimated at about $386 billion. According to the Gartner Dataquest predictions, in the next four years Eastern Europe is expected to outstrip the rest of the offshore market concentrated mainly in the “classical” locations like India. By 2010 Eastern Europe’s IT outsourcing market share is
Home Control conquers Europe
European Home Control Summit attracts participation from leading International companies and organizations 29. February 2008 - Copenhagen/Frankfurt - The first European Wireless Home Control Summit on 9 April 2008, taking place parallel to Light + Building, features leading companies such as Merten, Horstmann, Danfoss, and market researcher Parks Associates as well as publicly funded organizations like the Danish Energy Saving Trust (DEST) presenting the newest trends, products and market strategies pertaining