Thawing System Market: Demand for Automated Systems Growing Steadily, Manual Systems Still Dominate

The global thawing system market is projected to rake in revenues worth US$ 350 Mn by 2026-end, according to a latest research study added to the repository of Market Research Reports Search Engine (MRRSE). According to the report titled “Thawing System Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2026”, global demand for thawing systems is likely to grow at a steady pace during the assessment period.

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The report offers detailed analysis on the key factors that are impacting the global demand for thawing systems. An analysis on the drivers, restraints, opportunities, and threats has been included in the report. Readers can expect in-depth and accurate insights on the developments that have shaped the market till now. Projections for the period 2017-2016 have been offered in detail in the report, with the market analyzed on the basis of various segments.

According to the report, global demand for thawing systems will continue to grow at a steady pace on account of wide-ranging applications in the biopharmaceutical landscape. Thawing systems are used in efficient storage of pharmaceuticals. They are also used in transporting drugs over long distances. The growth of the biopharmaceutical industry has been identified as a key driving factor for the global thawing system market.

The report segments the global thawing system market on the basis of product type, end-user, sample type, and region. The detailed analysis helps readers in gaining in-depth insights on the lucrative and sluggish segments in the market. The lucid segment-wise analysis also gives readers an estimate of how demand is distributed across various categories and regions. On the basis of product type, the key segments include manual and automated. Blood banks & transfusion centers, bio & pharmaceutical industries, hospitals & diagnostic centers, and academic & research institutes are among the prominent end-users for thawing system. By sample type, the key segments include blood, semen, and embryo & ovum.

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According to the report, manual thawing system continues to account for leading revenue share over automated thawing systems. However, demand for latter is increasing at a brisk pace. By region, North America is likely to maintain its lucrativeness as one of the largest markets for thawing systems globally. The demand will be concentrated in the U.S., with Canada accounting for a miniscule percentage of revenue share. In addition to North America, Asia Pacific excluding Japan (APEJ) is likely to emerge as a lucrative market for thawing system during the assessment period.

The report also includes a detailed competition landscape that profiles some of the leading players in the market. The business and product strategies of the key players has been discussed in detail in the report. Some of the players profiled in the report include Cardinal Health, Inc., General Electric Company, Barkey GmbH & Co. KG, Helmer, Inc., Sartorius Aktiengesellschaft, Cytotherm Lp, and BioCision, LLC.

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This release was published on openPR.