Report has been added to MarketsandMarkets offering Laboratory Freezers Market by Product(Cryopreservation, Plasma Freezer, ExplosionProof Freezer, Enzyme Freezer, Ultra-Low Freezer, Blood Bank Refrigerator, Pharmacy Refrigerator, Chromatography Refrigerator), End User(Hospitals) - Global Forecast to 2026
Get Sample Copy of This Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=196600540
The laboratory freezers market is projected to reach USD 5.7 billion by 2026 from USD 4.7 billion in 2022, at a CAGR of 4.9%. The growth in this market is driven by increasing demand for blood and blood components for transfusion and for support in cancer therapy. Technological advancements in lab freezers also drive the growth of this market.
The freezers segment holds the highest market share, by product, in the laboratory freezers market, in the forecast period.
freezers segment accounted for the largest share of the laboratory freezers market. The large share of this segment can be attributed to their utility in pharmaceutical and biotechnology companies and academic and research institutes to support vaccine development and in medical laboratories and hospitals for storing test samples.
In the freezers segment, the ultra-low-temperature freezers segment is expected to grow at the highest CAGR in the forecast period.
The ultra-low-temperature freezers segment is expected to grow at the highest CAGR in the forecast period. The large share of this segment can be attributed to their utility in pharmaceutical and biotechnology companies and academic and research institutes to support vaccine development and in medical laboratories and hospitals for storing test samples.
Enquiry Before Buying This Report @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=196600540
Latin America is expected to grow at the highest CAGR, by region, in the forecast period
Latin America is one of the fastest-growing markets for laboratory freezers owing to growing investments from global pharmaceutical manufacturers in Latin America and the availability of government funding for R&D activities as well as efforts to modernize the existing healthcare system.
Premium Insights
· The market growth is restrained by the growing use of refurbished laboratory freezers
· The laboratory refrigerators segment holds the highest share in the refrigerators segment
· APAC to grow at the highest CAGR in the laboratory freezers market
Market Dynamics
Drivers
· Increasing demand for blood and blood components for transfusion and for support in cancer therapy
Opportunity
· Vaccine development for emerging infectious diseases
Challenges
· Lack of awareness of the utility of specialized lab freezers and refrigerators
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Empyt Capsules, by Product Type
7 Empyt Capsules, by End-user
8 Empyt Capsules, by Region
9 Competitive Landscape
10 Company Profiles
11 Appendix
Buy Now Full Report @ https://www.marketsandmarkets.com/Purchase/purchase_reportNew.asp?id=196600540
Facebook Conversations