Title: North America Biomedical Refrigerators & Freezers Market may exceed $1.4 bn by 2024
1 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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reserved.
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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.
2018 Graphical Research. All rights
reserved.
www.graphicalresearch.com
4 2018 Graphical Research. All rights
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