#RFIDBloodRefrigeratorFreezerMarketShare

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RFID Blood Refrigerator Freezer Market Segments by Application 2021

Global RFID Blood Refrigerator Freezer Market is expected to rise at a higher CAGR in the predicted period. Radio frequency identification (RFID) blood refrigerator freezer is an ideal storage system for blood since it provides reliability of operation and is the most competent method for blood tracking. RFID technologies is highly employed for blood tracking so that it enables reliability and accuracy of tracking of blood supply chain and management of blood inventory. The technology competently works for blood, plasma, platelets and other related products to be tracked as bulk shipments or tightly stacked in cool storage without affecting any fall in performance.

Commercially, the rising significance of RFID enabled blood storage is likely to grow in the predicted period. Factors such as growing concerns for food & water safety drives investment in laboratory refrigerators and ovens. Also, high energy efficiency and substitutes for hydrocarbon refrigerants such as CFC/HCFC and HFC fluorocarbons propel the market demand for hydrocarbon based freezers. Moreover, rise in expansion of blood banking induces temperature controlled bank refrigerators with storage monitoring features. Additionally, the need for spotting of blood products induces the demand for RFID-enabled blood freezers and refrigerators. However, high prices of advanced refrigerators and freezers hinder the market growth in the predicted period.

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Based on product segmentation, the RFID blood refrigerator market comprises general purpose, lab refrigerator, portable refrigerator, sub-zero refrigerator, walk-in refrigerator and explosion proof refrigerator. Based on laboratory freezers, the RFID blood refrigerators market is segmented into general purpose lab freezer, proof freezer, ultra-low temperature freezer. Based on laboratory ovens the RFID Blood freezer market is segmented into general purpose lab ovens and vacuum ovens. Geographically, the RFID blood refrigerator freezer market spans North America, Latin America, Europe, Asia-Pacific, Middle-East and Africa. North America dominates the global market owing to well-established and rapidly growing life sciences research particularly in the domain of personalized medicine and organ transplantation.

APAC market is also expected to witness a higher CAGR growth in the predicted period led by factors such as focus on life sciences and rising R&D in emerging countries such as India & China. MEA regions are also expected to rise at a steady CAGR growth in the predicted period.  The key players in the RFID blood refrigerator freezer market include Azbil Telstar S.L, AGA Marvel, Chart Industries Inc, Cole-Parmer Instrument Company, Eppendorf AG, Helmer Scientific, Carbolite GERO Limited and Labcold Ltd.

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