Press release
Medical Refrigerators Is Likely To See A Huge Surge In Growth And Demand In The Forecast Period 2023-2032
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032.As per the medical refrigerators market report by The Business Research Company, the rising demand for storing biological products, blood samples, blood reagents, vaccines, DNA samples, and other chemicals is propelling the growth of the medical refrigerator market.
The global medical refrigerators market size grew from $4.14 billion in 2022 to $4.43 billion in 2023 at a compound annual growth rate (CAGR) of 6.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The medical refrigerators market size is expected to grow to $5.8 billion in 2027 at a CAGR of 7.0%.
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Major competitors in the medical refrigerators market include Thermo Fisher Scientific Inc., Blue Star Limited, Haier Biomedical, Helmer Scientific Inc., Vestfrost Solutions, Zhongke Meiling Cyrogenics Company Limited, Philips Kirsch GmbH, LEC Medical, Panasonic, Froilabo SAS, LabRepCo LLC, Aucma, Standex International Corporation, Godrej Group, Fiochetti, PHC Holdings Corporation, Follett LLC, Labcold, Dulas Ltd., HMG India, Felix Storch Inc., SO-LOW, Indrel, Eppendorf AG, and Migali Scientific.
The medical refrigerators market is segmented -
• By Product Type: Blood Bank Refrigerator And Plasma Freezer, Laboratory Refrigerator And Freezer, Pharmacy Refrigerator And Freezer, Chromatography Refrigerator And Freezer, Enzyme Refrigerator And Freezer, Ultra-Low-Temperature freezers, Cryogenic Storage Systems
• By Design Type: Explosive-Proof Refirgerators, Undercounter Medical Refrigerators, Countertop Medical Refrigerators, Flammable Material Storage Refrigerators
• By Temperature Control Range: Between 2 °C and 8 °C, Between 0 °C and -40 °C, and Under -40 °C
• By Volume: Below 50 Litres, 50-200 Litres, 200-400 Litres, 400-600 Litres, More Than 600 Litres
• By End-User: Blood Banks, Pharmaceutical Companies, Hospital and Pharmacies, Research Institutes, Medical And Diagnostic Centres
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the medical refrigerators market in 2022.
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Medical refrigerators are electronic equipment that are used for storing a variety of samples cool safe. These are used to store vaccines and biological samples including blood, blood derivatives, biological reagents, vaccines, pharmaceuticals, flammable chemicals, ribonucleic acid (RBA), and deoxyribonucleic acid (DRA) (DNA).
The Table Of Content For The Medical Refrigerators Market Include:
1. Executive Summary
2. Medical Refrigerators Market Characteristics
3. Medical Refrigerators Market Trends And Strategies
4. Medical Refrigerators Market - Macro Economic Scenario
5. Medical Refrigerators Market Size And Growth
6. Medical Refrigerators Market Segmentation
……
26. Africa Medical Refrigerators Market
27. Medical Refrigerators Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Medical Refrigerators Market
29. Medical Refrigerators Market Future Outlook And Potential Analysis
30. Appendix
The "Global Medical Refrigerators Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies medical refrigerators and camperificant trends and strategies that companies can leverage for business expansion.
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