Surging need for storage of biomedical samples continues to fuel demand for biomedical refrigerators and freezers, given the growing prevalence of chronic diseases worldwide. Moreover, need for effective thermal insulation to prevent biomedical sample and specimen degradation has pushed the use of biomedical refrigerators and freezers, influencing their global demand. In addition, to this, use of personalized vaccines stemming from rising demand for cellular therapy is likely to trigger sales of biomedical refrigerators and freezers in the coming years. Several such insights are included in an extensive research report title “Biomedical Refrigerators and Freezers Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2022” that has been added to the research repository of XploreMR.  

Environmental concerns are another key aspect impacting the biomedical refrigerators and freezers market. Stringent regulations with respect to harmful gas emissions released by biomedical refrigerators and freezers have compelled manufacturers of biomedical refrigerators and freezers to develop green variants of their products that comply with standards slated by the Environmental Protection Agency (EPA). Trending green biomedical refrigerators and freezers is expected to shape the biomedical refrigerators and freezers market worldwide with sustainability being the main focus. In addition, ban on Hydrofluorocarbons has significantly pushed the adoption of green variants of biomedical refrigerators and freezers, consequently favoring the growth of the biomedical refrigerators and freezers market.

Europe and North America are anticipated to showcase higher adoption of biomedical refrigerators and freezers, given the availability of technological advanced products such as biomedical refrigerators and freezers with RFID as well as multi compressor equipment. On the other hand, emerging economies of China and India in Asia Pacific region are also expected to reflect higher growth potential in terms of demand and adoption of biomedical refrigerators and freezers. This can be attributed to higher expenditure in healthcare infrastructure along with growing medical tourism in these countries.

Unscientific inventory management is likely to increase the risk of errors during blood transfusion. That said, strict rules have been placed to regulate inventory management across various healthcare facilities. For example, in United States, CBER (Center for Biologics Evaluation and Research) proactively regulates storage and collection of blood samples and associated equipment that are used for blood transfusion. This aspect has accelerated the use of efficient storage systems such as biomedical refrigerators and freezers, in turn supporting the growth of their market.

Biomedical Refrigerators and Freezers Market: Report Outlook

The research report on biomedical refrigerators and freezers market includes analysis on various factors influencing the growth of the market. Various dynamics including key growth drivers, trends, restraints and opportunities shaping the market have been assessed across vital regions across regions in the globe. Moreover, a detailed analysis on macroeconomic aspects indirectly impacting the expansion of biomedical refrigerators and freezers market have also been highlighted. As intensity of these factors various from region to region, an impact analysis of these factors has been included in the report overview section in order to give the reader a clear understanding about the key revenue pockets. Moreover, the report on biomedical refrigerators and freezers market includes past, present and future market projections for a period of five years, starting from 2017 till 2022.

Biomedical Refrigerators and Freezers Market: Research Process

The report on biomedical refrigerators and freezers market includes insights compiled using a strong research methodology that is a combination of primary and secondary research. All intrinsic factors pertaining to demand and supply of biomedical refrigerators and freezers across regions are obtained using this research process that increases the accuracy of the data to a large extent. Various key stakeholders, market observers, opinion leaders, and subject matter experts are interviewed to obtain a thorough deep dive into the biomedical refrigerators and freezers market.

Biomedical Refrigerators and Freezers Market: Competitive Analysis

The biomedical refrigerators and freezers market report includes detailed competitive assessment that covers profiles of key players participating in the manufacturing of biomedical refrigerators and freezers. Various company profiles included in the report include Aegis Scientific Inc., Eppendorf AG, Haier Bio-Medical, Helmer Scientific, Dometic S.à.r.l, and Biomedical Solutions Inc.