#Laboratory Freezers Market Share

[adhk1234]

Laboratory Freezers Market: Regional Insights and Global Expansion

The global laboratory freezers market, valued at USD 4.97 billion in 2023, is projected to grow to USD 7.88 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.31% from 2024 to 2032.

Market Segmentation:

The laboratory freezers market is segmented based on product type and end-user:

By Product Type:

Freezers: Includes ultra-low temperature freezers, plasma freezers, and enzyme freezers.

Refrigerators: Comprises blood bank refrigerators, pharmacy refrigerators, and chromatography refrigerators.

Cryopreservation Systems: Encompasses equipment designed for the preservation of biological samples at extremely low temperatures.

By End-User:

Pharmaceutical and Biotechnology Companies: Utilize laboratory freezers for storing vaccines, enzymes, and other temperature-sensitive products.

Blood Banks: Rely on specialized freezers and refrigerators to preserve blood and its components.

Others: Includes academic institutions, research laboratories, and hospitals.

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Regional Analysis:

North America currently leads the laboratory freezers market, driven by advanced healthcare infrastructure and significant research activities. Europe follows, with substantial investments in biotechnology and pharmaceutical research. The Asia-Pacific region is anticipated to witness the fastest growth during the forecast period, attributed to increasing healthcare investments and the rising prevalence of chronic diseases.

KEY PLAYERS:

There are some of the major key players are as: Thermo Fisher Scientific, Haier Biomedical, PHC Corporation, Philipp Kirsch Gmbh, Cole-Parmer India Pvt. Ltd., Cryo Scientific Systems Pvt Limited, ACMAS Technologies (P) Ltd, Stericox Sterilizer Systems India, Cool Wind Scientific Systems, Nordic Lab, and other players.

Key Highlights:

The surge in demand for blood and blood components is a primary driver of market growth.

Technological advancements and the introduction of innovative medical devices are contributing to market expansion.

Government support and funding for research and testing are providing lucrative opportunities for market players.

Future Outlook:

The laboratory freezers market is poised for significant growth, driven by the increasing need for advanced storage solutions in healthcare and research sectors. The development of vaccines for emerging infectious diseases and the rising number of organ transplant procedures are expected to further propel market demand. However, challenges such as the growing popularity of refurbished laboratory freezers and a lack of awareness about specialized storage equipment may hinder market growth.

Conclusion:

The global laboratory freezers market is on a robust growth trajectory, with substantial opportunities across various segments and regions. Stakeholders, including manufacturers, healthcare providers, and researchers, are well-positioned to benefit from the evolving landscape of laboratory storage solutions.

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[healthcaremarketanalysis]

Vaccine Storage Equipment Market worth $1.21 billion by 2029

The report “Vaccine Storage Equipment Market by Product (Refrigerator (Large & Small Capacity)), Freezer ((Low & Ultra-Low Temperature Freezer)), Vaccine Carrier/Cold Box, Monitoring Device ((Temperature Monitoring & Alarm)), Type, End User- Global Forecast to 2029”, is valued at an estimated USD 0.86 billion in 2024. The size is projected to reach USD 1.21 billion by 2029, at a CAGR of 7.2%

Browse 300 market data Tables and 50 Figures spread through 300 Pages and in-depth TOC on “Vaccine Storage Equipment Market by Product (Refrigerator (Large & Small Capacity)), Freezer ((Low & Ultra-Low Temperature Freezer)), Vaccine Carrier/Cold Box, Monitoring Device ((Temperature Monitoring & Alarm)), Type, End User- Global Forecast to 2029” View detailed Table of Content here — https://www.marketsandmarkets.com/Market-Reports/vaccine-storage-equipment-market-52873073.html

The growth in the vaccine storage equipment market is driven by rising need for temperature control devices to prevent vaccine loss & potential health hazard and increasing government & various regulatory body support for the establishment and maintenance of an efficient vaccine cold chain system. Additionally, the availability of cold chain logistics in developing countries and increasing conditions necessitating vaccination creating a conducive environment thus poses a lucrative opportunity in the vaccine storage equipment market. But the high energy cost and need for initial capital investment is restraining the vaccine storage equipment market during the forecast period. Additionally, the shortage of trained manpower & limited resources to maintain equipment, and environmental concerns regarding greenhouse gas emmission is hindering market growth.

By product, freezer segment accounts for the second highest share in the vaccine storage equipment market in 2023.

Based on product, the vaccine storage equipment market is segmented into refrigerators, freezer, vaccine carrier/cold box, monitoring devices, and other associated accessories. Among these, in 2023, the freezer segment accounts for the second highest share in the vaccine storage equipment market. The freezers are used for vaccine storage, designed to maintain extremely low temperatures, typically between -50 degree C and -15 degree C (-58F and +50F), to preserve the efficacy of vaccines that require freezing. The freezer segment is sub-divided into low temperature freezers, and ultra-low temperature freezers. Among these in 2023, the ultra-low temperature freezer segment holds the major market share. As many vaccines such as mRNA-based vaccines demand storage at temperatures as low as as -70'C, necessitating the use of ULT freezers to ensure the safety, efficiency, and potency. Additionally, the increasing prevalence of infectious diseases is rising the demand for vaccines thus up surging the vaccination programs, consequently increasing the demand for freezers across the forecast period.

By end user, Hospiatals & Clinics holds the largest share in the Vaccine storage equipment market in 2023.

Based on end user, the vaccine storage equipment market is segmented into vaccination centers, pharmaceutical companies, hospitals & Clinics, and others including pharmacies, research laboratories, public health organizations, and among others. Among these hospitals & Clinics is holding the largest share in the vaccine storage equipment market in 2023, owing to increasing collaborations between government and hospitals & Clinics for vaccine campaigns. Additionally, the increasing funding programs such as grants, and government initiatives to build the infrastructure is boosting the segmental growth. This funding is increasing to avoid vaccine loss, and to maintain the efficacy & potency of the vaccines.For instance, in July 2021, HRSA granted 97 million to more than 1,970 eligible rural health clinics. Each participating received the grant to develop & implement activities designed to increase immunization rates. These increased funding, hospitals and clinics are investing in advanced temperature-controlled storage equipment thus increasing the segmental growth.

North America dominates the global vaccine storage equipment market in 2023.

The vaccine storage equipment market is segmented into six major regional segments, namely, North America, Europe, Asia Pacific, Latin America, Middle East & Africa, and GCC Countries. The North America accounts for the largest market share in the vaccine storage equipment market in 2023. This is due to strict regulatory criteria set by regulatory bodies for appropriate storage of vaccines in North America. For instance, the Centers for Disease Control and Prevention’s Vaccine Storage and Handling Kit, which was released in March 2024, focuses on the importance of healthcare facilities to have storage equipment that is appropriately setup, maintained, and monitored. By focusing on these precautions, patients are protected against unsafe immunizations. Additionally, the vaccine storage equipment protect medical facilities from the financial losses brought on by revaccination, and eroded public trust. With vaccine quality being a shared responsibility across the supply chain, compliance with these standards necessitates investments in advanced storage equipment, including temperature-controlled refrigerators, freezers, vaccine carrier/cold box and monitoring devices. This regulatory emphasis, combined with increasing vaccination campaigns and the introduction of specialty vaccines is increasing the demand for vaccine storage equipment in North America.

Key Players

Prominent players in the Vaccine storage equipment market include, Cardinal Health Inc. (US), Eppendorf SE (Germany), Thermo Fisher Scientific Inc. (US), PHC Holdings Corporation (Japan), Standex International Corporation (US), Blue Star Limited (India), Azenta Inc. (US), Haier biomedical (China), Dulas Ltd. (UK), MVE Biological Solutions (US), Arctiko Ltd (UK), EVERMED S.r.l., A Everlasting group Company (Italy), Philipp Kirsch GmbH, A Hettich Group Company (Germany), Labcold Limited (UK)

Recent Developments of Vaccine Storage Equipment Market

In June 2024, Haier Biomedical introduced the Mini ULT Freezer, ideal for biobanks, vaccine storage, and transportation applications.

In April 2024, Thermo Fisher Scientific Inc. introduced its latest line of high-performance ultra-low temperature (ULT) freezers. The Thermo Scientific TSX Universal Series ULT Freezers feature improved performance, enhanced user experience, and increased energy efficiency.

In August 2023, Thermo Fisher Scientific Inc. introduced the Thermo Scientific TSG Series Refrigerators, designed to ensure the secure storage of critical vaccines and pharmaceuticals in laboratory, pharmacy, and clinical environments.

In October 2022, Azenta, Inc. announced the acquisition of B Medical Systems S.á r.l. and its subsidiaries, enhancing Azenta’s cold chain capabilities with advanced solutions for the reliable and traceable transport of temperature-sensitive specimens.

[waghaditi]

Biomedical Refrigerator Market Trends: The Future of Temperature-Sensitive Storage

The biomedical refrigerator market is evolving rapidly due to increasing demands for temperature-sensitive medical products and the growing need for efficient storage solutions. These trends are shaping the future of the market, driving innovation, and enhancing the effectiveness of biomedical refrigeration systems.

Technological Advancements: Integration of advanced technologies such as IoT and AI is becoming prevalent in biomedical refrigerators, allowing for real-time monitoring of temperature and other critical parameters. These technologies offer better control, enhance security, and reduce the risk of spoilage or contamination in stored biological materials.

Rise of Ultra-Low Temperature Freezers: The demand for ultra-low temperature (ULT) freezers has increased due to the growing need for long-term storage of biological samples, vaccines, and other sensitive materials. These freezers, often reaching temperatures as low as -80°C or -196°C, are essential in pharmaceutical and biotechnology industries.

Energy Efficiency Focus: Energy-efficient biomedical refrigerators are a key trend as manufacturers look for ways to reduce operational costs. With growing awareness about environmental impact, energy-efficient systems that consume less power and provide superior performance are gaining popularity in hospitals, laboratories, and other healthcare settings.

Modular Refrigerators: Modular biomedical refrigerators are becoming increasingly common, offering flexibility in capacity and configuration. This trend allows users to adjust the size of their refrigeration systems based on changing needs, making them a cost-effective option for healthcare facilities with varying demands.

Cold Chain Expansion: With the global growth of the pharmaceutical and vaccine industries, the demand for an expanded cold chain has surged. Cold chain logistics, supported by advanced biomedical refrigeration systems, ensure the safe transportation and storage of temperature-sensitive products, thereby reducing wastage and ensuring product integrity.

Increased Focus on Compliance and Standards: As regulations regarding the storage and transportation of biomedical products become more stringent, compliance with standards like GMP (Good Manufacturing Practices) and GxP (Good Clinical Practices) is critical. Biomedical refrigerators are designed to meet these standards, ensuring safety, traceability, and reliability of stored materials.

Smart Refrigeration Solutions: The introduction of smart refrigerators with features such as cloud-based temperature monitoring, data logging, and automated alerts is a growing trend. These innovations ensure that users are notified of any temperature deviations in real time, preventing potential loss of valuable biological samples.

Integration with Healthcare Infrastructure: Biomedical refrigerators are increasingly integrated into broader healthcare infrastructure, supporting the storage needs of various facilities such as hospitals, research labs, and pharmacies. The seamless integration with healthcare management systems allows for better tracking, management, and usage of stored products.

Demand from Emerging Markets: The growth of healthcare infrastructure in emerging markets is driving the demand for biomedical refrigerators. Countries in Asia, Africa, and Latin America are investing heavily in healthcare facilities and technologies, creating opportunities for manufacturers of biomedical refrigerators to expand their market share in these regions.

Sustainability Initiatives: As environmental concerns continue to rise, the biomedical refrigerator market is focusing on sustainable practices. Manufacturers are increasingly adopting eco-friendly refrigerants, reducing the carbon footprint of their products, and developing solutions that align with global sustainability goals.

Customized Solutions for Specific Needs: There is a growing demand for customized biomedical refrigeration solutions designed to meet the specific needs of various end-users. For example, blood banks, laboratories, and pharmacies often require specialized storage conditions, prompting manufacturers to develop tailored refrigeration units with precise temperature control and unique configurations.

Impact of the COVID-19 Pandemic: The COVID-19 pandemic has significantly influenced the biomedical refrigerator market, with an unprecedented demand for vaccine storage. The need to safely store and transport vaccines under stringent temperature controls has led to innovations in refrigeration systems, boosting market growth and accelerating technological advancements in this sector.

Refrigerator as a Service (RaaS): A new business model is emerging in the biomedical refrigerator market where providers offer refrigerators on a subscription basis. This model includes maintenance, monitoring, and regular updates to ensure that refrigerators operate at optimal performance, reducing costs for healthcare facilities and making high-end equipment more accessible.

Advancements in Vaccine Storage: The surge in demand for vaccines, particularly for diseases like COVID-19, has pushed for the development of refrigerators capable of storing vaccines at ultra-low temperatures. This trend is likely to continue as new vaccines requiring specific storage conditions are developed.

Integration with AI and Big Data: Artificial intelligence and big data analytics are being integrated into biomedical refrigerator systems for predictive maintenance, ensuring that any potential issues with refrigeration units are identified before they result in damage. This allows healthcare facilities to minimize downtime and optimize the performance of their refrigeration systems.

These market trends reflect the dynamic nature of the biomedical refrigerator market, highlighting the importance of innovation and adaptability in meeting the increasing demand for reliable, efficient, and secure storage solutions in healthcare and research environments.

[latestmarketresearchnews]

Biopreservation Industry Research Report 2030 by Key Growth Drivers, Leading Players Review

The global biopreservation market, valued at USD 2.18 billion in 2022, is poised for significant growth, with an anticipated compound annual growth rate (CAGR) of 28.30% from 2023 to 2030. Biopreservation techniques are widely adopted in hospitals, laboratories, and research institutions for preserving biological specimens such as stem cells, tissues, DNA, and organs. These techniques ensure the longevity and functionality of samples, enabling advancements in medical research and treatment. The market benefits from substantial funding by government bodies and private organizations. These funds facilitate research and development (R&D) activities and drive advancements in biopreservation technologies.

The growing focus on life sciences research and clinical studies has led to innovations in preservation technologies. Companies like BioLife Solutions are expanding their portfolios. In April 2021, BioLife launched a high-capacity controlled freezer tailored for the cell and gene therapy market, addressing the growing demand in this segment. Innovative solutions are reducing the complexity and costs associated with biopreservation. The introduction of multiplex cellular imaging platforms enables better analysis of disease progression, paving the way for tailored diagnostics and treatments in areas like cardiology, gynecology, and point-of-care applications.

The global biopreservation market is on a robust growth trajectory, fueled by advancements in technology, increased funding, and rising demand for biologics and biospecimens. While North America leads the market due to its advanced infrastructure and strong research ecosystem, Asia Pacific is emerging as a dynamic region with rapid adoption of biopreservation techniques. Strategic initiatives by key players and government support are expected to further drive the market’s expansion, positioning biopreservation as a critical component in the future of healthcare and life sciences.

Gather more insights about the market drivers, restrains and growth of the Biopreservation Market

Regional Insights:

North America Biopreservation Market Trends

North America accounted for 45.00% of global revenue in 2022, driven by advanced biomedical research and innovative therapies.

Key Growth Factors:

High prevalence of chronic diseases requiring biopreservation for treatment.

Strong support from organizations like the National Institutes of Health (NIH) and National Cancer Institute (NCI).

Biobanks in the U.S. play a pivotal role in supporting research and clinical trials, further boosting demand for biopreservation technologies.

Asia Pacific Biopreservation Market Trends

Asia Pacific is projected to grow at a CAGR of 30.47% over the forecast period.

Key Drivers:

Rising funding for bio-banking techniques.

Increasing collaborations and partnerships to develop advanced biopreservation services.

Governments in this region are actively investing in R&D and promoting public-private partnerships to bolster the adoption of biopreservation.

Browse through Grand View Research's Category Biotechnology Industry Research Reports.

The global automated and closed cell therapy processing systems market size was valued at USD 1.41 billion in 2024 and is projected to grow at a CAGR of 19.8% from 2025 to 2030.

The global cell culture media storage containers market size was estimated at USD 2.11 billion in 2024 and is projected to witness a CAGR of 12.55% from 2025 to 2030.

Key Companies & Market Share Insights:

The biopreservation market is highly competitive, with major players focusing on strategic initiatives to maintain their market positions. Common strategies include:

Geographical Expansion: Companies are entering untapped markets to capitalize on growth opportunities.

Partnerships and Collaborations: Key players are joining forces with research institutions and governments to expand their services.

In January 2023, the Hamad Medical Corporation and Qatar BioBank launched a new tissue biobank service. This initiative provides researchers with access to high-quality tissue samples, highlighting the growing importance of biobanks in advancing medical research.

Key Biopreservation Companies:

Azenta US, Inc.

Biomatrica, Inc.

BioLife Solutions

MVE Biological Solutions

LabVantage Solutions, Inc.

Taylor-Wharton.

Thermo Fisher Scientific, Inc.

Panasonic Corporation

X-Therma Inc.

Stirling Ultracold 

Order a free sample PDF of the Biopreservation Market Intelligence Study, published by Grand View Research.

[researchreportinsight]

Biopreservation Industry 2030 Trends, Growth, Revenue, Outlook and Future Estimation

The global biopreservation market, valued at USD 2.18 billion in 2022, is poised for significant growth, with an anticipated compound annual growth rate (CAGR) of 28.30% from 2023 to 2030. Biopreservation techniques are widely adopted in hospitals, laboratories, and research institutions for preserving biological specimens such as stem cells, tissues, DNA, and organs. These techniques ensure the longevity and functionality of samples, enabling advancements in medical research and treatment. The market benefits from substantial funding by government bodies and private organizations. These funds facilitate research and development (R&D) activities and drive advancements in biopreservation technologies.

The growing focus on life sciences research and clinical studies has led to innovations in preservation technologies. Companies like BioLife Solutions are expanding their portfolios. In April 2021, BioLife launched a high-capacity controlled freezer tailored for the cell and gene therapy market, addressing the growing demand in this segment. Innovative solutions are reducing the complexity and costs associated with biopreservation. The introduction of multiplex cellular imaging platforms enables better analysis of disease progression, paving the way for tailored diagnostics and treatments in areas like cardiology, gynecology, and point-of-care applications.

The global biopreservation market is on a robust growth trajectory, fueled by advancements in technology, increased funding, and rising demand for biologics and biospecimens. While North America leads the market due to its advanced infrastructure and strong research ecosystem, Asia Pacific is emerging as a dynamic region with rapid adoption of biopreservation techniques. Strategic initiatives by key players and government support are expected to further drive the market’s expansion, positioning biopreservation as a critical component in the future of healthcare and life sciences.

Gather more insights about the market drivers, restrains and growth of the Biopreservation Market

Regional Insights:

North America Biopreservation Market Trends

North America accounted for 45.00% of global revenue in 2022, driven by advanced biomedical research and innovative therapies.

Key Growth Factors:

High prevalence of chronic diseases requiring biopreservation for treatment.

Strong support from organizations like the National Institutes of Health (NIH) and National Cancer Institute (NCI).

Biobanks in the U.S. play a pivotal role in supporting research and clinical trials, further boosting demand for biopreservation technologies.

Asia Pacific Biopreservation Market Trends

Asia Pacific is projected to grow at a CAGR of 30.47% over the forecast period.

Key Drivers:

Rising funding for bio-banking techniques.

Increasing collaborations and partnerships to develop advanced biopreservation services.

Governments in this region are actively investing in R&D and promoting public-private partnerships to bolster the adoption of biopreservation.

Browse through Grand View Research's Category Biotechnology Industry Research Reports.

The global automated and closed cell therapy processing systems market size was valued at USD 1.41 billion in 2024 and is projected to grow at a CAGR of 19.8% from 2025 to 2030.

The global cell culture media storage containers market size was estimated at USD 2.11 billion in 2024 and is projected to witness a CAGR of 12.55% from 2025 to 2030.

Key Companies & Market Share Insights:

The biopreservation market is highly competitive, with major players focusing on strategic initiatives to maintain their market positions. Common strategies include:

Geographical Expansion: Companies are entering untapped markets to capitalize on growth opportunities.

Partnerships and Collaborations: Key players are joining forces with research institutions and governments to expand their services.

In January 2023, the Hamad Medical Corporation and Qatar BioBank launched a new tissue biobank service. This initiative provides researchers with access to high-quality tissue samples, highlighting the growing importance of biobanks in advancing medical research.

Key Biopreservation Companies:

Azenta US, Inc.

Biomatrica, Inc.

BioLife Solutions

MVE Biological Solutions

LabVantage Solutions, Inc.

Taylor-Wharton.

Thermo Fisher Scientific, Inc.

Panasonic Corporation

X-Therma Inc.

Stirling Ultracold 

Order a free sample PDF of the Biopreservation Market Intelligence Study, published by Grand View Research.

[marketanalysisdata]

Biopreservation Market Revenue, Share and Growth Rate to 2030

The global biopreservation market was valued at USD 2.18 billion in 2022, and it is expected to grow at an impressive compound annual growth rate (CAGR) of 28.30% from 2023 to 2030. This growth is driven by various factors, including extensive applications in healthcare settings like hospitals and laboratories, increased funding from both government and private entities, and advancements in research and development, particularly in the development of new products. For instance, BioLife Solutions introduced a new high-capacity controlled freezer in April 2021, aimed at supporting the cell and gene therapy sector. This addition helped the company expand its product range within biopreservation. The COVID-19 pandemic initially posed challenges for the industry, with disruptions in supply chains, shortages of raw materials, and slowdowns in research activities. However, it also accelerated interest and investment in biologics and vaccine technologies, which ultimately increased the demand for biopreservation solutions, especially for biologics manufacturing and preservation.

Biopreservation is a technique that enables the maintenance of biological materials such as stem cells, DNA, tissues, and organs under controlled temperatures, extending their viability outside their natural environment. Advances in technology, including microarrays, hybrid predictive models, and various API algorithms, are helping to streamline the biopreservation process by reducing its time, cost, and complexity. Additionally, the development of multiplex cellular imaging platforms is expected to boost biopreservation capabilities, especially in supporting disease research. These imaging platforms allow for better analysis of disease progression and facilitate targeted diagnostic and treatment strategies, benefiting fields like cardiology, gynecology, and point-of-care medicine.

Gather more insights about the market drivers, restrains and growth of the Biopreservation Market

Demand for biopreservation has significantly increased in the research and development of biologics across various sectors, including immunotherapy, vaccine production, antibody development, enzyme technology, and bio-manufacturing of chemicals. This surge is partially due to the rising global prevalence of chronic diseases. For example, according to the Centers for Disease Control and Prevention (CDC), cardiovascular diseases and cancer remain among the leading causes of mortality in adults in the United States.

In addition, government and private investments in research and development have spurred significant advancements in the market. There is growing demand for preserving stem cells and creating new biological treatments and products, which has attracted considerable attention and funding from investors. The substantial healthcare spending in this sector is likely to fuel the market's growth in the coming years.

However, the expanding biopreservation market faces some challenges. Key issues include a shortage of skilled professionals, high costs for training, and limited standardization in cybersecurity measures for biopreservation software. These factors may pose risks to market growth by adding complexity and increasing costs for companies operating in this space.

Application Segmentation Insights:

In terms of applications, the biobanking segment held a significant portion of the global market, accounting for 70.65% in 2022. The increasing awareness of stem cell preservation, rising acceptance of sperm and egg banking, and the use of assisted reproductive technologies in animals have all contributed to the segment’s growth. Many pharmaceutical companies are now collaborating with biobanks and hospitals for tissue and biological sample preservation.

The regenerative medicine segment is expected to grow at a higher CAGR of 29.68% during the forecast period, driven by a strong demand for advanced bio-storage techniques. Innovations in specific preservation techniques are likely to further boost growth in this segment over the coming years.

Order a free sample PDF of the Biopreservation Market Intelligence Study, published by Grand View Research.

[industrynewsupdates]

Biopreservation Market Key Companies, Growth and Forecast Report, 2030

The global biopreservation market size was valued at USD 2.18 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 28.30% from 2023 to 2030. 

Biopreservation is experiencing growth due to various factors such as extensive usage in hospitals and labs, rising funding assistance from government and private partners in healthcare, an upsurge in research & development, and growing advancement in terms of product development. For example, in April 2021, BioLife Solutions launched a new high-capacity controlled freezer to cater to the cell and gene therapy market, which helped the company expand its existing product portfolio. The market experienced a major hindrance during the COVID-19 pandemic with supply chain issues, unavailability of raw materials, and hindrances in research activities among other reasons. However, the pandemic also accelerated the growth of novel biologics, and vaccine technologies. Due to these factors, opportunities for biologics manufacturing and preservation are anticipated to increase, thus generating further demand for biopreservation.

Biopreservation is a process that helps maintain the integrity and functionality of biological products such as stem cells, DNA, tissues, and organs under different temperatures, thereby prolonging their lifespan outside their natural environment. Technology innovations include microarrays or incorporation of a wide range of predictive models, such as hybrid models, and various API algorithms which help reduce the time, cost and complexity of the overall process. Furthermore, the advent of multiplex cellular imaging platforms is anticipated to enhance the biopreservation ability to help understand disease progression and suggest suitable diagnostic & treatment measures to follow, specifically for cardiology, gynecology, and point-of-care applications.

Gather more insights about the market drivers, restrains and growth of the Biopreservation Marke

Biopreservation Market Report Highlights

• By product, the equipment segment held the largest revenue share of over 78.75% in 2022 due to the rising demand for bio-banking to preserve stem cells, DNA, plasma, and tissue culture. Increasing demand for modified genetic material in the global market is also fueling the growth

• The bio-banking application segment held the largest revenue share in 2022. This can be attributed to rising awareness regarding stem cell preservation, increasing acceptance of sperm and egg banking, and utilization of assistant reproductive technology in animals

• North America dominated the global market in 2022 due to the advancement in biomedical research, the development of advanced therapies, and the upsurge in research activities related to DNA sequencing and bioinformatics

• Asia Pacific is expected to grow considerably in the future owing to rising investments in Asian countries and increasing partnerships and collaborations with key players

Browse through Grand View Research's Biotechnology Industry Research Reports.

• The global cancer stem cells market size was valued at USD 2.89 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2030.

• The global DNA methylation market size was valued at USD 1.47 billion in 2023. It is expected to expand at a compound annual growth rate (CAGR) of 14.1% from 2024 to 2030.

Biopreservation Market Segmentation

Grand View Research has segmented the global biopreservation market on the basis of product, application, and region:

Biopreservation Product Outlook (Revenue, USD Billion, 2018 - 2030)

• Equipment

o Freezers

o Refrigerators

o Consumables

o Vials

o Straws

o Microtiter Plates

o Bags

o Liquid Nitrogen

• Media

o Pre-formulated

o Home-brew

• Laboratory Information Management System (LIMS)

Biopreservation Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Regenerative Medicine

o Cell Therapy

o Gene Therapy

o Others

• Bio-banking

o Human Eggs

o Human Sperms

o Veterinary IVF

• Drug Discovery

Biopreservation Regional Outlook (Revenue, USD Billion, 2018 - 2030)

• North America

o U.S.

o Canada

• Europe

o Germany

o U.K.

o France

o Italy

o Spain

o Denmark

o Sweden

o Norway

• Asia Pacific

o China

o Japan

o India

o Australia

o Thailand

o South Korea

• Latin America

o Brazil

o Mexico

o Argentina

• Middle East and Africa (MEA)

o South Africa

o Saudi Arabia

o UAE

o Kuwait

Order a free sample PDF of the Biopreservation Market Intelligence Study, published by Grand View Research.

[globalgrowthinsights]

iPaaS Market Size, Share, Forecast [2032]

iPaaS Market provides in-depth analysis of the market state of iPaaS manufacturers, including best facts and figures, overview, definition, SWOT analysis, expert opinions, and the most current global developments. The research also calculates market size, price, revenue, cost structure, gross margin, sales, and market share, as well as forecasts and growth rates. The report assists in determining the revenue earned by the selling of this report and technology across different application areas.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of iPaaS in these regions till the forecast period

North America

Middle East and Africa

Asia-Pacific

South America

Europe

Key Attentions of iPaaS Market Report:

The report offers a comprehensive and broad perspective on the global iPaaS Market.

The market statistics represented in different iPaaS segments offers complete industry picture.

Market growth drivers, challenges affecting the development of iPaaS are analyzed in detail.

The report will help in the analysis of major competitive market scenario, market dynamics of iPaaS.

Major stakeholders, key companies iPaaS, investment feasibility and new market entrants study is offered.

Development scope of iPaaS in each market segment is covered in this report. The macro and micro-economic factors affecting the iPaaS Market

Advancement is elaborated in this report. The upstream and downstream components of iPaaS and a comprehensive value chain are explained.

Browse More Details On This Report at @https://www.globalgrowthinsights.com/market-reports/ipaas-market-100579

 Global Growth Insights

Web: https://www.globalgrowthinsights.com

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[wellnessweb]

Biopreservation Market Size: Key Drivers and Forecasts

The Biopreservation Market size was estimated USD 2.2 billion in 2022 and is expected to reach USD 16.2 billion by 2030 at a CAGR of 28.4% during the forecast period of 2023-2030. The biopreservation market is experiencing rapid growth, driven by advances in biotechnology and increasing demand for personalized medicine. This sector focuses on the preservation of biological samples such as cells, tissues, and organs, utilizing cutting-edge techniques like cryopreservation and vitrification to maintain their viability for extended periods. As the need for reliable storage solutions in biobanking, regenerative medicine, and drug discovery intensifies, companies are innovating with novel cryoprotectants and automated preservation systems. The rise in chronic diseases and the growing emphasis on research and development further propel this market, positioning it as a crucial component in the future of medical and scientific advancements.

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Market Scope & Overview

The report's extensive criteria include an analysis of the leading companies in the market, a study of the knowledge market share, an analysis of the organization's main business lines, product offering, and cost structure, as well as an analysis of current market trends and patterns. In order to research and understand the Biopreservation industry, reliable information sources were used in the examination.

The global market is defined and classified by the market research, which also analyses and foresees regional and global market opportunities. Along with market drivers and restraints, trends, opportunities, and challenges are explored as well. In addition to estimating market quantities for significant categories and geographic regions, the goal of the Biopreservation Market study is to forecast trends and trends for the upcoming years.

Market Segmentation Analysis

By Product

Equipment

Freezers

Refrigerators

Consumables

Vials

Straws

Microtiter Plates

Bags

Liquid Nitrogen

Media

Pre-formulated

Home-brew

Laboratory Information Management System

By Application

Regenerative Medicine

Cell Therapy

Gene Therapy

Others

Bio-banking

Human Eggs

Human Sperms

Veterinary IVF

Drug Discovery

COVID-19 Impact Analysis

Market participants will benefit from the COVID-19 impact study as they develop pandemic preparation plans. The research used both primary and secondary sources of data, in addition to private databases and a paid data source. In this study, the effect of COVID-19 on the Biopreservation Market is examined both globally and domestically. This research considers the indirect effects of the target market on supply and demand.

Regional Outlook

The research focuses on recently developing regional marketplaces where business owners in the industry can find their next venture. The most recent Biopreservation Market study focuses on Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa while also looking closely at other geographical regions.

Competitive Analysis

An overview of the industry, including its definition, uses, and manufacturing processes, is provided in the research report's opening section. The research report then explores the significant players in the global sector. With a focus on the target market, the research study offers an in-depth and thorough examination of the current condition of the Biopreservation Market business. The study contains a substantial amount of market data, making it a valuable resource for businesses and individuals with an interest in the sector.

Key Questions Answered by the Biopreservation Market Report

What global occurrences have influenced the market's expansion as a whole?

What are the most recent developments of the key market participants?

What effects has the conflict between Russia and Ukraine had on the dynamics of the target market?

Conclusion

The Biopreservation Market research report will act as primary tool for market participants and other stakeholders to get complete hold over the market dynamics and device their strategies accordingly.

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[metastatblog]

Programmable Controlled Rate Freezer Market Analysis, Size, Share, Growth, Trends, and Forecasts 2023-2030

The Programmable Controlled Rate Freezer Market stands as a technological cornerstone, revolutionizing the cryopreservation process. This market segment is a testament to the relentless pursuit of innovation in preserving biological samples, such as cells, tissues, and vaccines, at controlled and programmable freezing rates.

A Programmable Controlled Rate Freezer is a specialized equipment designed to freeze biological samples in a controlled manner. Unlike traditional freezers, these advanced devices offer precise temperature management, allowing for programmable freezing rates tailored to the specific requirements of diverse biological materials. The significance of such technology lies in its ability to mitigate cellular damage during the freezing process, ensuring the viability and integrity of biological samples upon thawing.

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Who are the largest manufacturers of the Programmable Controlled Rate Freezer Market worldwide?

Amuza Inc.

BioLife Solutions

Cryotherm GmbH & Co. KG

Cytiva

Dohmeyer

Grant Instruments

Qingdao Haier Biomedical Co., Ltd.

PHC Corporation

Planer Limited

ATS Life Sciences Scientific Products

Thermo Fisher Scientific Inc.

TOMCO2 Systems

TRANE TECHNOLOGIES LIFE SCIENCES LLC

CryoLogic Pty. Ltd.

SY-LAB Geräte GmbH

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The importance of Programmable Controlled Rate Freezers is particularly pronounced in fields where maintaining the viability of biological materials is crucial. In laboratories conducting cutting-edge research, the preservation of cell lines, tissues, and other biological specimens is fundamental to the progress of scientific exploration. Similarly, in the pharmaceutical industry, where the development and storage of vaccines and other biologics are paramount, these freezers play a pivotal role in safeguarding the efficacy of these critical substances.

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Cryogenic Equipment Market Dynamics: Size, Share, Trends, Growth And Forecast

Increasing demand for LNG and rising need for clean energy sources are likely to drive the market in the forecast period

According to TechSci Research report, “Cryogenic Equipment Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029”, the Global Cryogenic Equipment Market is experiencing a surge in demand in the forecast period. One primary driver propelling the global cryogenic equipment market is the escalating demand for Liquefied Natural Gas (LNG). As the world transitions towards cleaner energy sources, LNG has emerged as a pivotal component in the global energy mix. Cryogenic equipment, such as LNG storage tanks and vaporization systems, plays a critical role in the liquefaction, transportation, and regasification of natural gas.

The rise in demand for LNG is attributed to its environmental benefits, as it produces fewer greenhouse gas emissions compared to traditional fossil fuels. This shift towards LNG is particularly notable in the transportation and power generation sectors. The construction of new LNG terminals, coupled with expansion projects, is fueling the need for advanced cryogenic equipment. As countries invest in enhancing their LNG infrastructure to meet growing energy demands, the cryogenic equipment market is experiencing a substantial boost, reflecting the industry's integral role in supporting the global adoption of cleaner energy alternatives.

Significant driver steering the global cryogenic equipment market is the expanding range of applications in healthcare and biotechnology. Cryogenic equipment, including cryogenic storage tanks and freezers, is instrumental in preserving and storing biological materials, pharmaceuticals, and medical gases at ultra-low temperatures.

In the healthcare sector, cryogenic applications are indispensable for the storage of stem cells, tissues, and organs, facilitating advancements in regenerative medicine and organ transplantation. Also, the biotechnology industry relies heavily on cryogenic solutions for the preservation of research materials, vaccines, and biomolecules. As medical and biotechnological research and development continue to advance, the demand for cryogenic equipment is witnessing a surge.

The precision and reliability of cryogenic systems in maintaining the integrity of biological samples make them indispensable in laboratories, hospitals, and biorepositories. Consequently, the expansion of healthcare infrastructure and ongoing developments in biotechnology drive the growth of the cryogenic equipment market, positioning it as a critical enabler of breakthroughs in medical science and biopharmaceutical innovation.

Browse over XX Market data Figures spread through XX Pages and an in-depth TOC on "Global Cryogenic Equipment Market.”  https://www.techsciresearch.com/report/cryogenic-equipment-market/20008.html

The Global Cryogenic Equipment Market is segmented into product type, cryogen type, end user and region.

Based on end user, The Energy & Power segment held the largest Market share in 2023. The Energy & Power sector, particularly the LNG industry, is a major consumer of cryogenic equipment. LNG, which is natural gas cooled to cryogenic temperatures for storage and transportation, is becoming increasingly important as a cleaner and more versatile energy source.

The demand for LNG is growing globally, driven by factors such as the transition to cleaner fuels, increased energy consumption, and the rise in international LNG trade.

Cryogenic storage tanks and transportation systems are integral components of the LNG supply chain. Cryogenic conditions are necessary to keep natural gas in a liquid state, reducing its volume for more efficient storage and transport.

The construction and expansion of LNG infrastructure, including liquefaction plants, storage terminals, and LNG carriers, contribute significantly to the demand for cryogenic equipment.

The Energy & Power sector is undergoing a transition toward cleaner energy alternatives, and LNG is positioned as a key player in this shift. LNG is considered a cleaner-burning fuel compared to traditional fossil fuels, contributing to reduced greenhouse gas emissions.

Governments and industries worldwide are increasingly adopting LNG as a cleaner energy source for power generation, industrial processes, and transportation, further driving the demand for cryogenic equipment.

Cryogenic technologies are essential for the production and storage of hydrogen, which is gaining prominence as a clean and sustainable energy carrier. Cryogenic storage is particularly effective in maintaining hydrogen at extremely low temperatures, allowing for denser storage.

The increasing focus on green hydrogen and the development of hydrogen-based energy systems contribute to the demand for cryogenic equipment in the Energy & Power sector.

Cryogenic technologies play a crucial role in enhancing the efficiency and reliability of power plants. For example, cryogenic air separation units are used to produce industrial gases like oxygen and nitrogen, which find applications in combustion processes for power generation.

The overall growth in global energy demand, coupled with the need for cleaner and more efficient energy sources, drives investments in energy infrastructure. Cryogenic equipment supports the development and operation of advanced energy systems.

The strategic importance of LNG in global energy trade makes the Energy & Power sector a key driver of the cryogenic equipment market. LNG terminals and facilities, equipped with cryogenic technology, facilitate international energy trade and distribution.

Major companies operating in the Global Cryogenic Equipment Market are:

Air Liquide S.A.

Linde Plc

Emerson Electric Co.

Chart Industries Inc.

Baker Hughes Company

IHI Corporation

Kawasaki Heavy Industries Ltd

Mitsubishi Heavy Industries Ltd

Howden Broking Group Limited 

Burckhardt Compression AG

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“The Global Cryogenic Equipment Market is expected to rise in the upcoming years and register a significant CAGR during the forecast period.  This growth is being driven by a number of factors, including the increasing demand for liquefied natural gas (LNG), the rising need for clean energy sources, and the growing use of cryogenic equipment in the healthcare, food processing, and electronics industries. For instance, LNG is a clean and efficient energy source that is becoming increasingly popular around the world. This is leading to an increase in demand for cryogenic equipment, which is used to store and transport LNG.

Additionally, The world is moving away from fossil fuels and towards cleaner energy sources such as solar, wind, and geothermal power. Cryogenic equipment is used to store and transport these renewable energy sources. Therefore, the Market of Cryogenic Equipment is expected to boost in the upcoming years.,” said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

“Cryogenic Equipment Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2019-2029 Segmented By Product Type (Valve, Tank, Vaporizer, Pump, and Others), By Cryogen Type (Nitrogen, Oxygen, Argon, Liquefied Natural Gas, and Others), By End User (Energy & Power, Chemical, Electronics, Shipping, Metallurgical, and Others), By Region, By Competition”, has evaluated the future growth potential of Global Cryogenic Equipment Market and provides statistics & information on Market size, structure and future Market growth. The report intends to provide cutting-edge Market intelligence and help decision-makers make sound investment decisions., The report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Global Cryogenic Equipment Market.

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Medical Refrigerators Market Potential Growth Opportunities and Competitive Landscape Report to 2033

Market Definition

Medical refrigerators are designed to store medical supplies and medications at a consistent temperature. These refrigerators typically have two or more compartments with different temperature settings.

Market Outlook

Medical refrigerators are designed to store medical supplies and medications at a consistent temperature. These refrigerators typically have two or more compartments with different temperature settings. The most common medical refrigerator temperatures are 2-8°C (36-46°F) and -20°C (-4°F).

Medical refrigerators use either forced-air cooling or circulating coolant to maintain the desired temperature. Forced-air cooling is the most common type of cooling used in medical refrigerators. This type of cooling uses a fan to circulate air around the interior of the fridge. Circulating coolant systems use a coolant (usually water or glycol) to circulate around the fridge and remove heat from the interior.

Some medical refrigerators also have a built-in alarm system that will notify users if the temperature inside the fridge rises above or falls below the set point.

Some of the key trends in medical refrigerators market are as follows:

Increasing demand for energy efficient and eco-friendly products: Medical refrigerators are increasingly becoming popular among healthcare facilities as they are more energy efficient and eco-friendly as compared to traditional refrigerators.

Advancements in technology: With the advancement in technology, medical refrigerators are now available with more features and are more user-friendly.

Increasing preference for digital and smart products: There is a growing preference for digital and smart products among healthcare facilities. This is because these products offer more features and are easier to use.

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Research Objectives

Estimates and forecast the overall market size for the total market, across product, service type, type, end-user, and region

Detailed information and key takeaways on qualitative and quantitative trends, dynamics, business framework, competitive landscape, and company profiling

Identify factors influencing market growth and challenges, opportunities, drivers and restraints

Identify factors that could limit company participation in identified international markets to help properly calibrate market share expectations and growth rates

Trace and evaluate key development strategies like acquisitions, product launches, mergers, collaborations, business expansions, agreements, partnerships, and R&D activities

Thoroughly analyze smaller market segments strategically, focusing on their potential, individual patterns of growth, and impact on the overall market

To thoroughly outline the competitive landscape within the market, including an assessment of business and corporate strategies, aimed at monitoring and dissecting competitive advancements.

Identify the primary market participants, based on their business objectives, regional footprint, product offerings, and strategic initiatives

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Market Segments

The Medical Refrigerators Market is segmented into product type, temperature range, end user, and regions. By product type, the market is divided into blood bank refrigerators & plasma freezers, laboratory refrigerators freezers, pharmacy refrigerators & freezers, chromatography refrigerators & freezers, enzyme refrigerators & freezers, ultra-low-temperature freezers, and cryogenic storage systems. Based on the temperature range, the market is bifurcated into standard-temperature refrigerators, low-temperature refrigerators, ultra-low-temperature freezers, and others. Whereas for the end user, the market is segmented into blood banks, pharmaceutical companies, hospitals & pharmacies, research institute, medical laboratories, and diagnostic centers. Region-Wise the market is segmented by North America, Europe, Asia-Pacific, and the rest of the world.

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Key Players

The Medical Refrigerators Market report includes players such as Thermo Fisher Scientific Inc. (US), Blue Star Limited (India), Haier Biomedical (China), Aucma (China), Standex International Corporation (US), Godrej & Boyce Manufacturing Co Ltd. (India), Helmer Scientific Inc. (US), Vestfrost Solutions (Denmark), Zhongke Meiling Cryogenics (China), and Fiochetti (Italy), among others.

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Research Scope

Scope – Highlights, Trends, Insights. Attractiveness, Forecast

Market Sizing – Product Type, End User, Offering Type, Technology, Region, Country, Others

Market Dynamics – Market Segmentation, Demand and Supply, Bargaining Power of Buyers and Sellers, Drivers, Restraints, Opportunities, Threat Analysis, Impact Analysis, Porters 5 Forces, Ansoff Analysis, Supply Chain

Business Framework – Case Studies, Regulatory Landscape, Pricing, Policies and Regulations, New Product Launches. M&As, Recent Developments

Competitive Landscape – Market Share Analysis, Market Leaders, Emerging Players, Vendor Benchmarking, Developmental Strategy Benchmarking, PESTLE Analysis, Value Chain Analysis

Company Profiles – Overview, Business Segments, Business Performance, Product Offering, Key Developmental Strategies, SWOT Analysis.

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[healthcaremarketanalysis]

Global Biobanking Market Worth $5.0 billion by 2028

The global biobanking market, valued at $2.9 billion in 2023, is projected to reach $5.0 billion by 2028, growing at a CAGR of 11.4%. The market's growth is driven by increasing investments and funding for biobanks, a focus on genetic testing and precision medicine, the preservation of cord blood stem cells, and favorable funding for regenerative medicine research. Challenges include the high cost of automated equipment and biospecimen sample management issues. Emerging markets such as China, India, and South Korea offer significant growth opportunities due to lower manufacturing costs and skilled resources. Key players in the market include Thermo Fisher Scientific, PHC Holdings Corporation, Becton, Dickinson and Company, QIAGEN, and Merck KGaA. The equipment segment held the largest market share in 2022, with the Asia Pacific region expected to register the highest CAGR during the forecast period.

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Biobanking Market Dynamics

DRIVER: Growing investments and funding for biobanks

Biobanks have gained significant recognition from governments, research organizations, and funding agencies worldwide, resulting in a rise in investments in biobanks. For example, the Biorepository and Precision Medicine Initiative (PMI) Cohort Program, funded by the US National Institutes of Health (NIH), aims to collect biological samples from one million or more individuals to create a national research resource. Similarly, the European Commission has invested in the Biobanking and Biomolecular Resources Research Infrastructure (BBMRI), a pan-European infrastructure for biobanking and biomolecular resources.

RESTRAINT: High cost of automated equipment

The high cost of automated equipment is expected to restrain the growth of the market. Automated equipment, such as advanced sample handling systems, can significantly improve the efficiency and quality of biobanking operations. However, the high cost of this equipment can be a significant barrier to the entry of smaller biobanking companies or those with limited financial resources. For instance, the cost of an automated storage system can vary depending on the size and complexity of the system. The initial investment in an automated storage system can be significant, with costs ranging from tens of thousands to hundreds of thousands of dollars. In addition to the initial investment, there are ongoing maintenance and operational costs that must be considered, such as software updates, repairs, and training.

OPPORTUNITY: Emerging countries to provide lucrative opportunities

Developing countries are expected to offer significant growth opportunities for players operating in the global market due to the low-cost manufacturing advantage offered by these countries, coupled with the availability of skilled resources at lower costs. Moreover, as compared to developed markets, such as the US, Germany, and Japan, the demand for medical products in emerging Asian markets, such as China and India, is growing at a robust rate. This has prompted medical product companies to focus on these countries for future growth.

CHALLENGE: High operational cost of biobanks

Due to the increasing utilization of biospecimens for research and the emergence of new technologies, there is a growing focus on the availability and quality of biospecimens and their effective collection. However, the long-term economic situation of biobanks is still mostly unclear, which raises questions regarding their overall sustainability. Several costs add up in the complete functioning of a biobank, including in-case collection, tissue processing, storage management, sample distribution, and infrastructure and administration costs. Additionally, high investments are required to set up the required infrastructure in biobanks. For instance, the cost of installing laboratory facility infrastructure, liquid nitrogen supplies, mechanical freezers, and software systems add to the overall operating costs. Since biobanks have to store samples over a period of time, there is a significant need to optimize operations and costs for their long-term sustainability

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The equipment segment dominated biobanking market by product & service:

The equipment segment held the largest share of the global market in 2022. This is primarily attributed to the increasing number of biobanks and biosamples, due to which the demand for equipment remains high. The biobanking equipment segment encompasses a range of specialized products essential for the processing, analysis, storage, and transport of biological samples. These specimens may include human tissues, cells, blood, DNA, and other biospecimens collected from patients, donors, or research participants. The segment covers a broad spectrum of solutions and technologies catering to the diverse needs of biobanks, research institutes, and medical facilities.

The North America region catered the largest share of the biobanking market in 2022.

The biobanking market in North America has experienced significant growth in recent years, showcasing a robust expansion trajectory. This can be attributed to the increasing number of biobanks and the growing investments in biobanking infrastructure. Major healthcare institutes and research organizations in North America have made substantial commitments to expanding their biobanking capabilities. Additionally, the rising prevalence of chronic diseases and the subsequent demand for personalized medicine has fueled the growth of the biobanking market in North America, with biobanks playing a pivotal role in storing and providing high-quality biological specimens for research and development purposes.

Key players in the biobanking market include Thermo Fisher Scientific, Inc. (US), PHC Holdings Corporation (Japan), Becton, Dickinson and Company (US), QIAGEN N.V. (Germany), Merck KGaA (Germany), Avantor, Inc. (US), Cryoport, Inc. (US), Tecan Trading AG (Switzerland), Azenta, Inc. (US), Greiner Holding AG (Austria), Hamilton Company (US), Micronic (Netherlands), AMSBIO (UK), Bay Biosciences LLC (US), BioKryo (Germany), SPT Labtech (UK), ASKION GmbH (Germany), Cell&Co BioServices (France), Ziath Ltd. (UK), CTIBiotech (France), Cureline (US), Firalis Group (France), Sopachem (Netherlands), ProteoGenex (US), and US Biolab Corporation, Inc. (US).

Recent Developments

In February 2023, PHC Corporation of North America launched the PHCbi Brand VIP ECO SMART Ultra-low Temperature Freezer with industry-leading energy efficiency.

In September 2022, Cryoport entered into a strategic partnership with BioLife Plasma Services to offer supply chain solutions and service offerings, such as bioservices and cryo-processing, for BioLife Plasma Services.

Biobanking market - Report Highlights:

The market size is updated for the base year 2022 and forecasted from 2023 to 2028 by studying the impact of the recession on the overall biobanking industry.

The new edition includes the impact of the recession on the biobanking market (especially the region-wise impact in the geographic analysis section) in 2022. There is a variation in the growth rate of the market due to the ongoing recession.

Additional points such as ranges/scenarios, trends/disruptions impacting customers' businesses, pricing analysis, value chain analysis, supply chain analysis, ecosystem analysis, patent analysis, key conferences and events (2022-2023), list of key regulatory bodies, regulatory landscape, Porter's Five Forces analysis, key stakeholders, the influence of stakeholders on buying decisions, and buying criteria among end users have been added in the market overview chapter.

The new edition of the report provides updated financial information till 2022 (depending on availability) for each listed company in a graphical representation. This will help in the easy analysis of the present status of profiled companies in terms of their financial strength, profitability, key revenue-generating region/country, and business segment focus in terms of the highest revenue-generating segment.

Recent developments help us to understand market trends and the growth strategies adopted by players in the market.

Tracking the portfolios of prominent market players helps analyze the major products in the biobanking market. The new edition of the report provides an updated product portfolio of the companies profiled in the report.

Key market strategies/right to win, market share analysis for 2022, revenue share analysis of key market players from 2020 to 2022, and competitive leadership mapping have been added in the competitive landscape section of the report.

The new version of the report includes competitive leadership mapping for companies operating in the market. This new section is an output of a comprehensive study of the key vendors offering biobanking products. The top 25 vendors were shortlisted from a list of 50+ vendors, and these were evaluated based on market share/ranking and product footprint, rated and positioned on a 2x2 quadrant, referred to as Company Evaluation Quadrant, categorizing them as Stars, Emerging Leaders, Pervasive Players, and Participants.

The new version of the report includes the startup/SME evaluation quadrant for 10 companies operating in the biobanking market. This updated section is an output of a comprehensive study of the key startup vendors offering biobanking products. The top 10 vendors were shortlisted from a list of 50+ vendors, and these vendors were evaluated based on their product portfolio and business strategy, rated and positioned on a 2x2 quadrant, referred to as Competitive Leadership Quadrant, categorizing them as Progressive Companies, Starting Blocks, Responsive Companies, and Dynamic Companies.

In the new edition of the report, the Rest of the World is segmented into Latin America and the Middle East and Africa. Country-level markets for Brazil and the Rest of Latin America in the Latin American region have been added.

The new version of the report includes the ownership segment, which is further segmented into national/regional agencies, non-profit organizations, universities, and private organizations.

The new version of the report includes an end-user segment, which is further segmented into pharmaceutical & biotechnology companies and CROs, academic and research institutes, and hospitals.

[mitalipingale]

https://cynochat.com/read-blog/175644_laboratory-freezers-market-size-share-and-forecast-2031.html

The Laboratory Freezers Market in 2023 is US$ 4.94 billion, and is expected to reach US$ 7.37 billion by 2031 at a CAGR of 5.12%.

[sufferfly1]

 Laboratory Freezers Market : A Deep Dive into the Industry's Key Applications and Technologies

“According to the research report published by Polaris Market Research, the Global Laboratory Freezers Market Size Is Expected To Reach USD 7.20 Billion By 2030, at a CAGR of 5.4% during the forecast period.” Polaris Market Research has unveiled an updated report on Laboratory Freezers Market Share, Size, Trends, Industry Analysis Report, End-Use (Blood Banks, Pharmaceutical & Biotechnology Companies, Academic & Research Institutes, Medical Laboratories, Hospitals, Pharmacies), By Product; By Region; Segment Forecast, 2022 - 2030 that provides a thorough analysis of the market status with the best facts and figures, definitions, applications, and the latest developments across the globe. The report assesses the industry structure based on Laboratory Freezers Market size, segments, source, distribution channel, and major regions. It scrutinizes the latest trends in the industry and studies their impact on the overall market environment. The market has evolved swiftly in recent years and has made a remarkable contribution to global finances in terms of growth rate, Laboratory Freezers Market share, and revenue generation. Get Sample PDF with Report Insight @ https://www.polarismarketresearch.com/industry-analysis/laboratory-freezers-market/request-for-sample Top Key Players:

Arctiko A/S

Avantor Inc

BioLife Solutions Inc.

Blue Star Limited

ChanghongMeiling Co. Ltd.

Evermed s.r.l.

Felix Storch Inc.

Haier Biomedical

Helmer Scientific

Liebherr

Middleby Corporation

PHC Holdings Corp

Philipp Kirsch Gmbh

Standex International Corp.

Thermo Fisher Scientific Inc.

This analytical study report provides information on significant aspects of the market, such as dynamics, key demand and price, technology trends, and detailed profiles of key players, industry revenue, and regional segments analyzing the Laboratory Freezers Market based on SWOT and Porter's Five Forces models. Details of segment markets by type, application, and region have been covered in this report, with historical data presented in metrics of sales volume, revenue, and growth rate.

Key Offerings:

Industry Dynamics

Laboratory Freezers Market Segmentation

Market Size in terms of Value and Volume: Current, Historical, and Projected Data

Industrial Trends and Developments

Competitive Landscape

Opportunities in the market

Strategies and Products offerings of Major Players

Strategic Recommendations for the new entrants

Production and Consumption Analysis by Regions

Growth Prospects with Revenue Estimations

Main Findings and Insights

The next section gives a detailed description of the key drivers, restraints, growth opportunities, challenges, and risks in the market. Further, the development status and future Laboratory Freezers Market trends are tracked in the report. The supply chain and cost analysis in the report are both explained in-depth. Through technological innovation and advancement, the product's performance will be further optimized, expanding its use in downstream applications. Additionally, readers will find market dynamics and consumer behavior studies as essential data for understanding the market.

Laboratory Freezers Market key players are presented along with their expansion plans, share, strategies, and business overview. In addition to this, their company profiles, sales figures, profit margins, and product and service portfolios are evaluated in the report. The chapter sheds light on the business expansion strategies employed by these players, such as mergers and acquisitions, product launches, collaborations, M&A, contracts, partnerships, and joint ventures. 

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How Will This Report Help you?

The report delivers extensive analysis in the form of figures, tables, charts, and graphs combined with an in-depth study of current and future Laboratory Freezers Market prospects. It further allows readers to comprehend the competitive regional pattern by comparing the sales volume and revenue of the world's key regions. Import volume and export volume are evaluated on a regional level. Key statistical insights are presented in a straightforward manner that will users grasp the market's development patterns, crucial factors, and other loopholes which are expected to affect the market expansion.

Key Regions Covered By Report:

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and the Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and the rest of South America)

The Middle East and Africa (Saudi Arabia, United Arab Emirates, Egypt, South Africa, and the Rest of the Middle East and Africa)

The entire market industrial chain is examined in the research, from the important upstream raw materials and their suppliers to the midstream distributors and downstream customers, while taking the effects of global inflation into account. Finally, it predicts the market's future trends from the perspectives of various types, uses, and significant geographical areas. This study is a trustworthy source for market research that will greatly accelerate the growth of your business and increase its presence in the Laboratory Freezers Market. Browse Additional Details on "Laboratory Freezers Market" @ https://www.polarismarketresearch.com/industry-analysis/laboratory-freezers-market

Reasons to Purchase This Report

This research includes a thorough worldwide and regional analysis of the market.

It gives thorough coverage of every sector of the market in order to assess prospective trends, growth plans, and industry size projections.

The firm profiles of each industry player examine the industry portfolio, sales income, SWOT analysis, and current advancements.

Comprehension of the market's drivers, restrictions, and key small markets.

Analysis of collaboration and authorizing transaction trends can be used to identify commercial prospects in the market sales scenario.

The research analyzes how specific industry structures, ideas, or technological advancements may help with player promotion.

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Ultra-low Temperature Freezers Market, Share, Size, Future Trends, Forecast and Outlook – 2030

The market research report provides a comprehensive analysis of the industry, with a specific focus on the Ultra-low Temperature Freezers Market. It examines the size, growth rate, and major trends within the Ultra-low Temperature Freezers Market, offering valuable insights into its current state and future prospects. The report explores the significance of Fibre Reinforced Polymer Composites (FRP) in driving market dynamics and shaping business strategies. It investigates the market drivers, such as increasing consumer demand and emerging trends related to Fibre Reinforced Polymer Composites (FRP), providing a deep understanding of the factors influencing market growth. Additionally, the report assesses the competitive landscape within the Ultra-low Temperature Freezers Market, profiling key players and their market share, strategies, and product offerings. It also addresses market segmentation, identifying different segments within the Ultra-low Temperature Freezers Market and their unique characteristics. Overall, the market research report equips businesses operating in the Ultra-low Temperature Freezers Market with valuable information and actionable recommendations to capitalize on opportunities and navigate the challenges in the industry.

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This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends. In the end, this report also provides in-depth analysis and professional advices on how to face the post COIVD-19 period.

The research methodology used to estimate and forecast this market begins by capturing the revenues of the key players and their shares in the market. Various secondary sources such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, have been used to identify and collect information useful for this extensive commercial study of the market. Calculations based on this led to the overall market size. After arriving at the overall market size, the total market has been split into several segments and sub segments, which have then been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The data triangulation and market breakdown procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and sub segments.

Key Market Segmentation

Global Ultra-low Temperature Freezers Market- By Type

Chest

Upright

Global Ultra-low Temperature Freezers Market- By Capacity

Less Than 300 Liters

301 – 500 Liters

501 – 700 Liters

701 – 900 Liters

More Than 900 Liters

Global Ultra-low Temperature Freezers Market- By Capacity

Less Than 300 Liters

301 – 500 Liters

501 – 700 Liters

701-900 Liters

More than 900 Liters

Global Ultra-low Temperature Freezers Market- By Application

Bio Banks & Hospitals

Academic & Research Laboratories

Others

Global Ultra-low Temperature Freezers Market- By Region

North America

US

Canada

Mexico

Europe

Germany

UK

France

Italy

Spain

Russia

Benelux

Nordics

Rest of Europe

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific

Middle East and Africa

South America

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Table of Content

1.       Methodology & Scope

1.1. Market Definition and Scope

1.2. Market Segmentation

1.3. Key Research Objectives

1.4. Research Highlights

1.5. List of abbreviations

2.       Assumptions

3.       Research Methodology

3.1. Data Mining

3.2. Secondary Research

3.3. Primary Research

3.4. Data Sources

3.5. Data Triangulation

3.6. Bottom-up Approach

3.7. Top Down Approach

4.       Executive Summary

4.1. Market Overview

4.2. Global Ultra-low Temperature Freezers Market Geographical Analysis (CAGR %)

4.3. Global Ultra-low Temperature Freezers Market, By Type (US$ Million)

4.4. Global Ultra-low Temperature Freezers Market, By Capacity (US$ Million)

4.5. Global Ultra-low Temperature Freezers Market, By Application (US$ Million)

4.6. Future Market Opportunities

4.7. Global Market Split

5.       Market Dynamics

5.1. Market Drivers

5.2. Market Restraints

5.3. Opportunities Analysis

5.4. Emerging Trends Analysis

5.4.1. Demand Side Analysis

5.4.2. Supply Side Analysis

6.       Key Insights

6.1. Macro and Micro Economic Indicators

6.2. Consolidated SWOT Analysis of Key Players.

6.3. Porter’s Five Forces Analysis

6.3.1. Bargaining power of buyers

6.3.2. Bargaining power of suppliers

6.3.3. Threat of new entrants

6.3.4. Threat of substitutes

6.3.5. Threat of rivalry

6.3.6. Market condition

6.4. PESTEL Analysis

6.5. Key Product Developments

6.6. Value Chain Analysis

6.7. Cost Structure Analysis

6.8. Price Trend Analysis

6.8.1. Weighted Average Price

6.8.2. Price Impact-COVID-19

7.       Impact Analysis of COVID-19 on Global Ultra-low Temperature Freezers Market

7.1. Short Term Impact of COVID-19 on the Global Ultra-low Temperature Freezers Market

7.2. Long Term Impact of COVID-19 Global Ultra-low Temperature Freezers Market

7.3. Impact of COVID-19 on the Parent Market

7.4. Sales and Financial Analysis of  Ultra-low Temperature Freezers Market

8.       Global Ultra-low Temperature Freezers Market Analysis, Insights and Forecast, 2022-2030

8.1. Key Findings / Summary

8.2. Market Size Estimates and Forecasts

8.2.1. By Type (Value)

8.2.1.1. Chest

8.2.1.2. Upright

8.2.2. By Capacity (Value)

8.2.2.1. Less Than 300 Liters

8.2.2.2. 301-500 Liters

8.2.2.3. 501-700 Liters

8.2.2.4. 701-900 Liters

8.2.2.5. More than 900 Liters

8.2.3. By Application (Value)

8.2.3.1. Bio Banks & Hospitals

8.2.3.2. Academic & Research Laboratories

8.2.3.3. Others

8.2.4. By Region (Value)

8.2.4.1. North America

8.2.4.2. Europe

8.2.4.3. Asia Pacific

8.2.4.4. Middle East and Africa

8.2.4.5. South America

9.       North America Ultra-low Temperature Freezers Market Analysis, Insights and Forecast, 2022-2030

9.1. Market Size Estimates and Forecasts

9.1.1. By Type (Value)

9.1.1.1. Chest

9.1.1.2. Upright

9.1.2. By Capacity (Value)

9.1.2.1. Less Than 300 Liters

9.1.2.2. 301-500 Liters

9.1.2.3. 501-700 Liters

9.1.2.4. 701-900 Liters

9.1.2.5. More than 900 Liters

9.1.3. By Application (Value)

9.1.3.1. Bio Banks & Hospitals

9.1.3.2. Academic & Research Laboratories

9.1.3.3. Others

9.1.4. By Country (Value)

9.1.4.1. U.S.

9.1.4.2. Canada

9.1.4.3. Mexico

10.   Europe Ultra-low Temperature Freezers Market Analysis, Insights and Forecast, 2022-2030

10.1. Market Size Estimates and Forecasts

10.1.1. By Type (Value)

10.1.1.1. Chest

10.1.1.2. Upright

10.1.2. By Capacity (Value)

10.1.2.1. Less Than 300 Liters

10.1.2.2. 301-500 Liters

10.1.2.3. 501-700 Liters

10.1.2.4. 701-900 Liters

10.1.2.5. More than 900 Liters

10.1.3. By Application (Value)

10.1.3.1. Bio Banks & Hospitals

10.1.3.2. Academic & Research Laboratories

10.1.3.3. Others

10.1.4. By Country (Value)

10.1.4.1. Germany

10.1.4.2. United Kingdom

10.1.4.3. France

10.1.4.4. Italy

10.1.4.5. Spain

10.1.4.6. Russia

10.1.4.7. Benelux

10.1.4.8. Nordics

10.1.4.9. Rest of Europe

11.   Asia Pacific Ultra-low Temperature Freezers Market Analysis, Insights and Forecast, 2022-2030

11.1. Market Size Estimates and Forecasts

11.1.1. By Type (Value)

11.1.1.1. Chest

11.1.1.2. Upright

11.1.2. By Capacity (Value)

11.1.2.1. Less Than 300 Liters

11.1.2.2. 301-500 Liters

11.1.2.3. 501-700 Liters

11.1.2.4. 701-900 Liters

11.1.2.5. More than 900 Liters

11.1.3. By Application (Value)

11.1.3.1. Bio Banks & Hospitals

11.1.3.2. Academic & Research Laboratories

11.1.3.3. Others

11.1.4. By Country (Value)

11.1.4.1. China

11.1.4.2. Japan

11.1.4.3. India

11.1.4.4. Southeast Asia

11.1.4.5. Oceania

11.1.4.6. Rest of Asia Pacific

12.   Middle East and Africa Ultra-low Temperature Freezers Market Analysis, Insights and Forecast, 2022-2030

12.1. Market Size Estimates and Forecasts

12.1.1. By Type (Value)

12.1.1.1. Chest

12.1.1.2. Upright

12.1.2. By Capacity (Value)

12.1.2.1. Less Than 300 Liters

12.1.2.2. 301-500 Liters

12.1.2.3. 501-700 Liters

12.1.2.4. 701-900 Liters

12.1.2.5. More than 900 Liters

12.1.3. By Application (Value)

12.1.3.1. Bio Banks & Hospitals

12.1.3.2. Academic & Research Laboratories

12.1.3.3. Others

12.1.4. By Country (Value)

12.1.4.1. South Africa

12.1.4.2. GCC

12.1.4.3. Rest of Middle East and Africa

13.   South America Ultra-low Temperature Freezers Market Analysis, Insights and Forecast, 2022-2030

13.1. Market Size Estimates and Forecasts

13.1.1. By Type (Value)

13.1.1.1. Chest

13.1.1.2. Upright

13.1.2. By Capacity (Value)

13.1.2.1. Less Than 300 Liters

13.1.2.2. 301-500 Liters

13.1.2.3. 501-700 Liters

13.1.2.4. 701-900 Liters

13.1.2.5. More than 900 Liters

13.1.3. By Application (Value)

13.1.3.1. Bio Banks & Hospitals

13.1.3.2. Academic & Research Laboratories

13.1.3.3. Others

13.1.4. By Country (Value)

13.1.4.1. Brazil

13.1.4.2. Argentina

13.1.4.3. Chile

13.1.4.4. Peru

13.1.4.5. Rest of South America

14.   Competition Matrix

14.1. Business Strategies & Insights Adopted by Leading Players

15.   Global Ultra-low Temperature Freezers Market Revenue Share Analysis, By Key Market Participants, 2022

16.   Company Profiles

16.1. Thermo Scientific

16.1.1. Company Overview

16.1.2. Description

16.1.3. Product Benchmarking

16.1.4. Financials Performance (Data as available in public domain and/or on paid databases)

16.1.5. Recent Developments

16.1.6. COVID – 19 Response

16.1.7. Strategy & Business Overview

Similar information shall be provided for all the below companies

17.   Key Takeaways

18.   Transcripts of the Primary Interview Respondents

Continue…

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