Medical Refrigerators - Global Market Outlook (2018-2027)

Medical Refrigerators - Global Market Outlook (2018-2027)

  • Published: September 2019
  • ID: SMRC18555

According to Stratistics MRC, the Global Medical Refrigerators Market is accounted for $3.07 billion in 2018 and is expected to reach $5.75 billion by 2027 growing at a CAGR of 7.2% during the forecast period. Some of the key factors influencing the market growth include surging demand for the safe storage of blood and blood derivatives from hospitals, pharmacies, clinics, and diagnostic centers, increasing demand for medical refrigerators from end-users. However, use of refurbished devices is restraining the market growth.

Medical refrigerators are heavy-duty refrigerators and freezers of various sizes designed to meet specific demands, and to maintain medical equipment/vaccines/specimens at a constant temperature. They are used by medical professionals in Hospital, research laboratories, crime labs, surgery centers and other medical facilities.

Based on the end user, the blood banks segment is likely to have a huge demand due to increasing prevalence of haematological diseases and a rise in the number of accidents have raised the demand for plasma for use in plasma fractionation procedures. This demand has, in turn, resulted in the hike in demand for blood bank refrigerators & plasma freezers. These factors are driving the growth of the blood banks segment of the medical refrigerators market across the globe.

By Geography, The North America is estimated to have a lucrative growth due to the rising research activities for the treatment of diseases, increasing occurrence of chronic & infectious diseases, and the replacement of older medical refrigerators with newer & more advanced energy-efficient cold storage devices are driving the growth of the medical refrigerators market in this region.

Some of the key players in global Medical Refrigerators market are Thermo Fisher Scientific Inc., Philipp Kirsch GmbH, Godrej, Helmer Scientific, Haier Biomedical, Blue Star Limited, Vestfrost Solutions, PHC Holdings Corporation, Felix Storch, Inc., Panasonic, Zhongke Meiling Cryogenics Company Limited, Follett LLC, Standex, LEC Medical and PHC Holdings Corporation. 

Door Types Covered:
• Double Door
• Single Door

Design Types Covered:
• Explosion-Proof Refrigerator
• Undercounter Medical Refrigerator
• Countertop Medical Refrigerator
• Flammable Material Storage Refrigerator

Product Types Covered:
• Laboratory Refrigerators & Freezers
• Chromatography Refrigerators & Freezers
• Ultra-Low-Temperature Freezers
• Blood Bank Refrigerators & Plasma Freezers
• Cryogenic Storage Systems
• Pharmacy Refrigerators & Freezers
• Enzyme Refrigerators & Freezers
• Hospital Refrigerators & Freezers
• Shock Freezers
• Other Product Types

Temperature Control Ranges Covered:
• Under -40°
• Between 2°and 8°
• Between 0°and -40°

Sales Channels Covered:
• Distribution Channel
• Direct Channel

End Users Covered:
• Hospitals & Pharmacies
• Medical Laboratories
• Blood Banks
• Pharmaceutical Companies
• Research Institutes
• Diagnostic Centers
• Other End Users

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China        
o India       
o Australia 
o New Zealand     
o South Korea      
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the clients interest (Note: Depends of feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

1 Executive Summary      
        
2 Preface  
     
 2.1 Abstract      
 2.2 Stake Holders     
 2.3 Research Scope     
 2.4 Research Methodology    
  2.4.1 Data Mining    
  2.4.2 Data Analysis    
  2.4.3 Data Validation    
  2.4.4 Research Approach    
 2.5 Research Sources     
  2.5.1 Primary Research Sources   
  2.5.2 Secondary Research Sources   
  2.5.3 Assumptions    
        
3 Market Trend Analysis     
 3.1 Introduction     
 3.2 Drivers      
 3.3 Restraints     
 3.4 Opportunities     
 3.5 Threats      
 3.6 Product Analysis     
 3.7 End User Analysis     
 3.8 Emerging Markets     
 3.9 Futuristic Market Scenario    
        
4 Porters Five Force Analysis     
 4.1 Bargaining power of suppliers    
 4.2 Bargaining power of buyers    
 4.3 Threat of substitutes    
 4.4 Threat of new entrants    
 4.5 Competitive rivalry     
         
5 Global Medical Refrigerators Market, By Door Type   
 5.1 Introduction     
 5.2 Double Door     
 5.3 Single Door      
        
6 Global Medical Refrigerators Market, By Design Type  
 
 6.1 Introduction     
 6.2 Explosion-Proof Refrigerator    
 6.3 Undercounter Medical Refrigerator    
 6.4 Countertop Medical Refrigerator    
 6.5 Flammable Material Storage Refrigerator   
        
7 Global Medical Refrigerators Market, By Product Type  
 7.1 Introduction     
 7.2 Laboratory Refrigerators & Freezers   
 7.3 Chromatography Refrigerators & Freezers  
 7.4 Ultra-Low-Temperature Freezers   
 7.5 Blood Bank Refrigerators & Plasma Freezers  
 7.6 Cryogenic Storage Systems    
 7.7 Pharmacy Refrigerators & Freezers   
 7.8 Enzyme Refrigerators & Freezers   
 7.9 Hospital Refrigerators & Freezers   
 7.10 Shock Freezers     
 7.11 Other Product Types    
        
8 Global Medical Refrigerators Market, By Temperature Control Range 
 8.1 Introduction     
 8.2 Under -40°     
 8.3 Between 2°and 8°     
 8.4 Between 0°and -40°     
        
9 Global Medical Refrigerators Market, By Sales Channel  
 9.1 Introduction     
 9.2 Distribution Channel    
 9.3 Direct Channel     
        
10 Global Medical Refrigerators Market, By End User    
 10.1 Introduction     
 10.2 Hospitals & Pharmacies    
 10.3 Medical Laboratories    
 10.4 Blood Banks     
 10.5 Pharmaceutical Companies    
 10.6 Research Institutes     
 10.7 Diagnostic Centers     
 10.8 Other End Users      
        
11 Global Medical Refrigerators Market, By Geography  
 11.1 Introduction     
 11.2 North America     
  11.2.1 US     
  11.2.2 Canada     
  11.2.3 Mexico     
 11.3 Europe      
  11.3.1 Germany     
  11.3.2 UK     
  11.3.3 Italy     
  11.3.4 France     
  11.3.5 Spain     
  11.3.6 Rest of Europe    
 11.4 Asia Pacific     
  11.4.1 Japan     
  11.4.2 China     
  11.4.3 India     
  11.4.4 Australia     
  11.4.5 New Zealand    
  11.4.6 South Korea    
  11.4.7 Rest of Asia Pacific    
 11.5 South America     
  11.5.1 Argentina    
  11.5.2 Brazil     
  11.5.3 Chile     
  11.5.4 Rest of South America   
 11.6 Middle East & Africa    
  11.6.1 Saudi Arabia    
  11.6.2 UAE     
  11.6.3 Qatar     
  11.6.4 South Africa    
  11.6.5 Rest of Middle East & Africa   
        
12 Key Developments      
 12.1 Agreements, Partnerships, Collaborations and Joint Ventures 
 12.2 Acquisitions & Mergers    
 12.3 New Product Launch    
 12.4 Expansions     
 12.5 Other Key Strategies    
        
13 Company Profiling      
 13.1 Thermo Fisher Scientific Inc.     
 13.2 Philipp Kirsch GmbH     
 13.3 Godrej      
 13.4 Helmer Scientific      
 13.5 Haier Biomedical      
 13.6 Blue Star Limited      
 13.7 Vestfrost Solutions      
 13.8 PHC Holdings Corporation     
 13.9 Felix Storch, Inc.      
 13.10 Panasonic     
 13.11 Zhongke Meiling Cryogenics Company Limited  
 13.12 Follett LLC      
 13.13 Standex      
 13.14 LEC Medical      
 13.15 PHC Holdings Corporation    


List of Tables       
1 Global Medical Refrigerators Market Outlook, By Region (2017-2027) ($MN)
2 Global Medical Refrigerators Market Outlook, By Door Type (2017-2027) ($MN)
3 Global Medical Refrigerators Market Outlook, By Double Door (2017-2027) ($MN)
4 Global Medical Refrigerators Market Outlook, By Single Door (2017-2027) ($MN)
5 Global Medical Refrigerators Market Outlook, By Design Type (2017-2027) ($MN)
6 Global Medical Refrigerators Market Outlook, By Explosion-Proof Refrigerator (2017-2027) ($MN)
7 Global Medical Refrigerators Market Outlook, By Undercounter Medical Refrigerator (2017-2027) ($MN)
8 Global Medical Refrigerators Market Outlook, By Countertop Medical Refrigerator (2017-2027) ($MN)
9 Global Medical Refrigerators Market Outlook, By Flammable Material Storage Refrigerator (2017-2027) ($MN)
10 Global Medical Refrigerators Market Outlook, By Product Type (2017-2027) ($MN)
11 Global Medical Refrigerators Market Outlook, By Laboratory Refrigerators & Freezers (2017-2027) ($MN)
12 Global Medical Refrigerators Market Outlook, By Chromatography Refrigerators & Freezers (2017-2027) ($MN)
13 Global Medical Refrigerators Market Outlook, By Ultra-Low-Temperature Freezers (2017-2027) ($MN)
14 Global Medical Refrigerators Market Outlook, By Blood Bank Refrigerators & Plasma Freezers (2017-2027) ($MN)
15 Global Medical Refrigerators Market Outlook, By Cryogenic Storage Systems (2017-2027) ($MN)
16 Global Medical Refrigerators Market Outlook, By Pharmacy Refrigerators & Freezers (2017-2027) ($MN)
17 Global Medical Refrigerators Market Outlook, By Enzyme Refrigerators & Freezers (2017-2027) ($MN)
18 Global Medical Refrigerators Market Outlook, By Hospital Refrigerators & Freezers (2017-2027) ($MN)
19 Global Medical Refrigerators Market Outlook, By Shock Freezers (2017-2027) ($MN)
20 Global Medical Refrigerators Market Outlook, By Other Product Types (2017-2027) ($MN)
21 Global Medical Refrigerators Market Outlook, By Temperature Control Range (2017-2027) ($MN)
22 Global Medical Refrigerators Market Outlook, By Under -40° (2017-2027) ($MN)
23 Global Medical Refrigerators Market Outlook, By Between 2°and 8° (2017-2027) ($MN)
24 Global Medical Refrigerators Market Outlook, By Between 0°and -40° (2017-2027) ($MN)
25 Global Medical Refrigerators Market Outlook, By Sales Channel (2017-2027) ($MN)
26 Global Medical Refrigerators Market Outlook, By Distribution Channel (2017-2027) ($MN)
27 Global Medical Refrigerators Market Outlook, By Direct Channel (2017-2027) ($MN)
28 Global Medical Refrigerators Market Outlook, By End User (2017-2027) ($MN)
29 Global Medical Refrigerators Market Outlook, By Hospitals & Pharmacies (2017-2027) ($MN)
30 Global Medical Refrigerators Market Outlook, By Medical Laboratories (2017-2027) ($MN)
31 Global Medical Refrigerators Market Outlook, By Blood Banks (2017-2027) ($MN)
32 Global Medical Refrigerators Market Outlook, By Pharmaceutical Companies (2017-2027) ($MN)
33 Global Medical Refrigerators Market Outlook, By Research Institutes (2017-2027) ($MN)
34 Global Medical Refrigerators Market Outlook, By Diagnostic Centers (2017-2027) ($MN)
35 Global Medical Refrigerators Market Outlook, By Other End Users (2017-2027) ($MN)
        
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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