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Laboratory Freezers Market Growth, Insights, Application, Revenue, And Types Analysis Report

The global laboratory freezers market size reached USD 4.69 Billion in 2022 and is expected to register a revenue CAGR of 4.9% during the forecast period, according to the latest analysis by Emergen Research. One of the primary driving factors driving revenue growth of the market is rising demand for blood and blood components for transfusion and for support in cancer therapy. For instance, more than 1.8 million Americans were estimated to be diagnosed with cancer in 2020, according to the American Cancer Society. During their chemotherapy treatment, many patients require blood transfusions on a regular basis. Every year, almost 16 million blood components are transfused in the U.S. To reduce sample waste, it is essential that blood as well as its components be kept at proper low temperatures. Thus, rising demand for blood and blood components for transfusion is in turn driving revenue growth of the laboratory freezers market.

The report sheds light on details about every market player in the global Laboratory Freezers Market along with its global status, product portfolio financial standing, and business expansion plan and license agreement. The key players in the market are adopting various key strategies such as mergers and acquisitions, partnerships, joint ventures, collaborations and product launches to strengthen their market position and enhance their product base.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Laboratory Freezers market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Thermo Fisher Scientific, Inc. EVERMED s.r.l., Arctiko, PHC Holdings Corporation, Haier Biomedical, Helmer Scientific Inc., Avantor, Philipp Kirsch GmbH, Eppendorf AG, and BSI

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Emergen Research has segmented the global Laboratory Freezers market on the basis of type, application, end-use, and region:

Product Outlook (Revenue, USD Billion; 2019–2032)
- Freezers
  1. Plasma Freezers
  2. Enzyme Freezers
  3. Flammable Material Freezers
  4. Shock Freezers
  5. Explosion-proof Freezers
  6. Undergraduate Laboratory Freezer
  7. Ultra-low temperature freezer
- Refrigerators
  1. Chromatography Refrigerators
  2. Blood Bank Refrigerators
  3. Flammable Material Refrigerators
  4. Explosion-proof Refrigerators
  5. Pharmacy Undergraduate Refrigerators
- Cryopreservation Systems

End-use Outlook (Revenue, USD Billion; 2019–2032)
- Academic and Research Institutes
- Pharmaceutical and Biotechnology Companies
- Blood Banks
- Hospitals
- Others

Regional Outlook (Revenue, USD Billion, 2019–2032)
- North America
  1. U.S.
  2. Canada
  3. Mexico
- Europe
  1. Germany
  2. U.K.
  3. France
  4. Spain
  5. BENELUX
  6. Rest of Europe
- Asia Pacific
  1. China
  2. India
  3. Japan
  4. South Korea
  5. Rest of APAC
- Latin America
  1. Brazil
  2. Rest of LATAM
- Middle East & Africa
  1. Saudi Arabia
  2. U.A.E.
  3. Israel
  4. Rest of MEA

The various regions analyzed in the report include:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

Analysis and estimation of the Laboratory Freezers Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Laboratory Freezers Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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