North America Biomedical Refrigerators & Freezers Market size may exceed $1.4bn by 2024

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Biomedical Refrigerators Freezers Market in
North America is projected to surpass 1.4bn by
2024 Graphical Research
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2

Key Insights from Biomedical Refrigerators
Freezers Market

• Graphical Research says, Biomedical Refrigerators
  Freezers Market to reach USD 1.4 bn by 2024
• Increasing demand for organ transplantation and
  biopharmaceuticals coupled with surging elderly
  population base will augment North America
  biomedical refrigerators and freezers market
  growth.
• Extensive use of biomedical refrigerators and
  freezers in drug discovery process should foster
  industry growth over the forecast timeframe.
• Surging use of refurbished equipment and
  excessive cost should hinder market growth.
  Additionally, highly fragmented market can
  outcome in low revenue that will further hinder
  North America biomedical refrigerators and
  freezers industry growth.
• Shock freezers product segment of North America
  will grow at 4.8 over the forecast period due to
  associated benefits and escalating use of shock
  freezers in biological preparations for
  maintaining optimal temperature.

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3

Continued...

• Research labs end-use segment of North America
  held revenue of USD 88.2 million in 2017 owing to
  growing demand for freezers and refrigerators in
  laboratories to complete regulatory requirements.
  
• U.S. biomedical refrigerators and freezers market
  accounted for 72.5 revenue share of North
  America in 2017, due to surging rate of blood
  transfusion, accident victims, sickle cell
  anemia, and cancer.
• Key business competitors operational in North
  America biomedical refrigerators and freezers
  market are Aegis Scientific, Arctiko, Azbil, B
  Medical Systems, Binder, Eppendorf, Follett,
  Haier Biomedical, Helmer Scientific,
  Liebherr-International, Migali Scientific,
  Panasonic Healthcare Corporation of North
  America, Powers Scientific, and Thermo Fisher
  Scientific.
• Notable market players are adopting various
  strategies such as, merger, acquisition, new
  product launch to reap profits in North America
  biomedical refrigerators and freezers market.

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reserved.


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4

Browse Full Market Research Report On Biomedical
Refrigerators Freezers Market _at_
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