Press release
Global Medical and Lab Refrigerators Market is driven by rise in Blood Donations
According to a new market research report launched by Inkwood Research, the Global Medical Lab and Refrigerators Market is projected to gain $3279.5 million by 2028, at a growth rate of 4.14% during the forecast years 2021-2028.Browse through 43 market data Tables and 41 Figures spread over 208 Pages, along with in-depth analysis on the Global Medical and Lab Refrigerators Market by End-User, Product, & Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Medical and Lab Refrigerators Market Scenario
Blood donation awareness has increased significantly in recent years, owing to initiatives by government organizations and private companies.
Moreover, several educational initiatives conduct blood donation drives to raise awareness about blood donation. This has ultimately increased the demand for blood storage centers. According to the Singapore Red Cross Society, approximately 400 blood units are required daily, primarily for surgical procedures, general medical, and emergency cases. Hence, the rise in blood donation campaigns supports the medical and lab refrigerators market growth.
Conversely, storing medicines and vaccinations is essential for medical facilities. These facilities can use a standard or medical fridge to store these medicines. Here, the high cost of medical fridges poses a challenge for health organizations, resulting in the adoption of standard fridges. Thus, the high cost of medical refrigerators hampers the global market’s growth.
The Global Medical and Lab Refrigerators Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Medical and Lab Refrigerators Market by End-User, Product, & Geography: https://inkwoodresearch.com/reports/medical-and-lab-refrigerators-market/#request-free-sample
Market Segmentation
Market by End-User
• Hospitals & Pharmacies
• Blood Banks
• Research Institutes
• Pharmaceutical Companies
• Other End-Users
Market by Product
• Blood Bank Refrigerators
• Laboratory Refrigerators
• Pharmacy Refrigerators
• Enzyme Refrigerators
• Other Products
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
Companies Profiled
• LEC MEDICAL
• PHC HOLDINGS CORPORATION
• THERMO FISHER SCIENTIFIC INC
• MIGALI SCIENTIFIC
• TEMPARMOUR REFRIGERATION
• FOLLETT LLC
• HAIER BIOMEDICAL
• VESTFROST SOLUTIONS
• GODREJ & BOYCE MANUFACTURING COMPANY LIMITED
• HELMER SCIENTIFIC INC
• ZHONGKEMEILING CRYOGENICS COMPANY LIMITED
• FELIX STORCH INC
• BLUE STAR LIMITED
• PHILIPP KIRSCH GMBH
Related Reports
GLOBAL LABORATORY AUTOMATION MARKET - The global laboratory automation market is likely to attain a CAGR of 5.61% over the period 2021-2028.
GLOBAL 3D MEDICAL IMAGING MARKET - The global 3D medical imaging market is estimated to progress in value at a CAGR of 5.93% over the forecast period 2020-2028.
GLOBAL MEDICAL LIGHTING TECHNOLOGIES MARKET - The global market for medical lighting technologies is projected to display a growth rate of 6.31% during the years 2021 to 2028.
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