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Ultra-low Temperature Freezers Market
Ultra-low Temperature Freezers Market
Ultra-low Temperature Freezers Market Share, Size, Trends, Industry Analysis Report, By Type, By Capacity, By Application, By Region, Segment Forecast, 2022 – 2030
Global Ultra-low Temperature Freezers Market, By Type (Chest, Upright) By Capacity (Less Than 300 Liters, 301-500 Liters, 501-700 Liters, 701-900 Liters and More Than 900 Liters), By Application (Bio Banks & Hospitals, Academic & Research Laboratories and Others) and Region - COVID-19 Impact Analysis and Forecast to 2030
Industry Overview:
Increasing prevalence of chronic diseases has accelerated new drug development procedures. Numerous medical researches are being conducted across the globe for the development of advanced drugs and vaccines. As a result, demand for ultra-low temperature freezers is expected to witness higher curve. Further, development of various blood donation organizations, rise in blood storage centers, and increase in voluntary blood donations will continue to boost the sales of ultra-low temperature freezers. For instance, in May 2020, Thermo Fisher Scientific, a US-based biotechnology company, launched a new service that gathers and tracks key performance data from the attached TSX Series ULT freezers to provide an optimum sample and product safety. The Thermo Scientific smart connected systems function tracks 37 types of alarms and 26 operational parameters for the user to provide a detailed analysis of the linked TSX Series ULT freezers. Apart from this, according to the International Federation of Pharmaceutical Manufacturers & Associations (IFPMA) 2022, more than 8000 medicines are in development worldwide in the year 2019, 1,213 drugs for infectious disease, 2,740 drugs for cancer, 503 drugs for diabetes and 1,498 drugs for Neurology diseases, etc. Advancement in drug discovery and clinical testing and rising incidences of cancer and other infectious diseases are the key driving factors in the ultra-low temperature freezers market.
Key Market Drivers:
Rising investments in research & development activities is likely to fuel the product demand.
Key Market Restraint:
High cost associated with ultra-low temperature freezers is one of the significant challenges hindering the Ultra-low
Temperature Freezers market
Ultra-low Temperature Freezers Market Report Scope
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Segmentation of the Global Ultra-low Temperature Freezers Market,2022 – 2030 |
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By Capacity |
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By Application |
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Key Players Covered:
Some of the key competitors in the Ultra-low Temperature Freezers market include Thermo Fisher Scientific, Inc., PHC Holdings Corporation, Haier Biomedical, Arctiko A/S, Helmer Scientific, Eppendorf AG, Abzil Telstar S.L, Labcold Ltd, Bionics Scientific Technologies (P) Ltd, Global Cooling, Inc. and others
Regional Analysis:
Europe hold dominant position in the global ultra-low temperature freezers market owing to presence of major manufacturers operating in the market. Further, rising population, economic progress and improving government expenditure on healthcare infrastructure development are some of the factors for the high growth in the region. Rising government funding in science and technology will further increase the purchasing power of healthcare facilities. Apart from this, rising number of organ donations in the Europe and increasing research and development activities will positively influence the market size. For instance, the UK market is anticipated to expand significantly on account of presence of large biobanks that provide medical research project funding coupled with increasing number of organ donations. Moreover, large number of COVID-19 cases has presented growth opportunities to the market players.
Key Market Segmentation
Global Ultra-low Temperature Freezers Market- By Type
o Chest
o Upright
Global Ultra-low Temperature Freezers Market- By Capacity
o Less Than 300 Liters
o 301 – 500 Liters
o 501 – 700 Liters
o 701 – 900 Liters
o More Than 900 Liters
Global Ultra-low Temperature Freezers Market- By Capacity
o Less Than 300 Liters
o 301 – 500 Liters
o 501 – 700 Liters
o 701-900 Liters
o More than 900 Liters
Global Ultra-low Temperature Freezers Market- By Application
o Bio Banks & Hospitals
o Academic & Research Laboratories
o Others
Global Ultra-low Temperature Freezers Market- By Region
North America
o US
o Canada
o Mexico
Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Benelux
o Nordics
o Rest of Europe
Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
Middle East and Africa
South America
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
Key Market Segmentation
Global Ultra-low Temperature Freezers Market- By Type
o Chest
o Upright
Global Ultra-low Temperature Freezers Market- By Capacity
o Less Than 300 Liters
o 301 – 500 Liters
o 501 – 700 Liters
o 701 – 900 Liters
o More Than 900 Liters
Global Ultra-low Temperature Freezers Market- By Capacity
o Less Than 300 Liters
o 301 – 500 Liters
o 501 – 700 Liters
o 701-900 Liters
o More than 900 Liters
Global Ultra-low Temperature Freezers Market- By Application
o Bio Banks & Hospitals
o Academic & Research Laboratories
o Others
Global Ultra-low Temperature Freezers Market- By Region
North America
o US
o Canada
o Mexico
Europe
o Germany
o UK
o France
o Italy
o Spain
o Russia
o Benelux
o Nordics
o Rest of Europe
Asia-Pacific
o China
o India
o Japan
o South Korea
o Rest of Asia-Pacific
Middle East and Africa
South America
Report ID: VBI43
----------------- Feb-2023
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Format: PDF/Excel
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