SEATTLE, July 19, 2021, (MEDGADGET) — Global Laboratory Refrigerators and Freezers Market Analysis
Blood plasma, test samples, tissue samples, and other items such as vaccinations, syringes, and other items are all preserved in laboratory refrigerators and freezers, providing them with a wide range of uses. For the avoidance of bacterial or other contamination, they are carefully sterilized and managed to the appropriate levels. In order to reduce the chances of contaminants and fire, they must maintain a steady temperature. Expansion devices, diffusers, absorbers, and pumps are common components of a refrigerator or freezer. When the items must be kept at a temperature below the freezing point, a freezer is utilized.
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The global laboratory refrigerators and freezers market is projected to increase due to major players’ use of tactics such as cooperation, partnerships, mergers, and acquisitions. Phononic, Inc. teamed with Thermo Fischer Scientific, a biology product development business, in May 2018 to establish an exclusive healthcare and life sciences product line. The development of Thermo Fischer Scientific’s TSX 505 series of laboratory freezers is also part of this arrangement. As a result, such collaborations are likely to promote the expansion of the global laboratory refrigerators and freezers market.
In addition, leading players are continually adding new products into the market, which is projected to drive the global laboratory refrigerators and freezers market to new heights. In June 2016, Phononic Inc. added a medical-grade under-counter refrigerator to its Evolve line of products. Pharmaceutical medications, vaccines, and medical gadgets are stored in it. The refrigerator has a temperature-controlling system that is very stable, as well as a monitoring program. It also comes with a battery backup and produces very little noise (less than 35 decibels).
Moreover, Panasonic Health Co. announced a new refrigerator in February 2019 that would be utilized to store pharmaceutical medications, vaccines, high–value data, and specimens. It contains a 300C freezer (natural refrigerants are utilized) and an invertor blower, which helps to save energy. As a result, the global laboratory refrigerators and freezers market is forecast to develop led to the advent of new products.
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Due to a rise in the number of blood banks, North America is predicted to have a leading position in the global laboratory refrigerators and freezers market, positively affecting North America’s laboratory refrigerators and freezers market growth. As per Americas Blood Facilities, there are more than 600 blood collection facilities in the United States in 2018, and these blood collection centers will demand additional laboratory refrigerators and freezers to store blood plasma and other products. As a result, the need for laboratory refrigerators and freezers in North America may rise, boosting the global market for laboratory refrigerators and freezers.
New laboratory refrigerators and freezers are continually being developed by manufacturers. This raises the ultimate cost of these items, making them more expensive, which may limit the global laboratory refrigerators and freezers market’s development. Thermo Fischer Scientific’s TSX Series Ultra Low-Temperature Freezer costs roughly US$ 21,908. Due to the high costs of laboratory refrigerators and freezers, their adoption in emerging nations may be limited, limiting the growth of the global laboratory refrigerators and freezers market.
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Key companies contributing in the global laboratory refrigerators and freezers market are Panasonic Healthcare Co., Ltd., Haier Biomedical, Philipp Kirsch GmbH, Phononic Inc., Thermo Fischer Scientific, Aegis Scientific Inc., Helmer Scientific, Bionics Scientific Technologies Ltd., Eppendorf AG, and VWR Corporation.
Table of Content
Global Laboratory Refrigerators and Freezers Market Research Report
Section 1: Global Laboratory Refrigerators and Freezers Industry Overview
Section 2: Global Economic Impact on Laboratory Refrigerators and Freezers Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Laboratory Refrigerators and Freezers Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Laboratory Refrigerators and Freezers Market Forecast
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