Global Ultra Low Freezers Market - Industry Trends and Forecast to 2030
The global ultra low freezers market is expected to reach USD 909.26 million by 2030 from USD 800.85 million in 2022, growing at a CAGR of 5.4% during the forecast period of 2023 to 2030.
Market Segmentation
Global Ultra Low Freezers Market, By Type (Product and Freezer Part and Accessories), Technology (Semi-Automated Freezers and Automated Freezers), Degree of Cooling (-41°C To -86° C Freezers, -87°C To -150° C Freezers, and -10°C To -40° C Freezers), Insulated Material (Polyurethane Foam, Vacuum Panel, and Others), Application (Organs, Blood & Blood Products, Biological Samples, Drug Compounds, and Others), End-User (Hospitals, Bio-Banks, Clinics, Corporate Laboratories, Pharmaceuticals, Academic and Research Institutes, and Others), Distribution Channel (Direct Tenders, Retail Sales, and Third Party Distribution), Country (U.S., Canada, Mexico, Germany, France, U.K., Italy, Spain, Russia, Netherlands, Switzerland, Turkey, Belgium, rest Of Europe, Japan, China, South Korea, India, Australia, Singapore, Thailand, Malaysia, Indonesia, Philippines rest Of Asia-Pacific, Brazil, Argentina, rest Of South America, South Africa, U.A.E, Saudi Arabia, Egypt, Israel, and rest Of Middle East And Africa) - Industry Trends and Forecast to 2030
Overview of Global Ultra Low Freezers Market Dynamics
Driver
• Increasing demand for biopharmaceuticals and vaccines
Restraint
• High installation and operational cost of ultra low freezers
Opportunity
• Increasing demand for biopreservation and biobanking
Market Players
Some of the key players operating in the global ultra low freezers market are:
• Thermo Fisher Scientific Inc.
• Helmer Scientific Inc.
• BINDER GmbH
• Esco Micro Pte. Ltd.
• NuAire, Inc.
• LABCOLD
• BioLife Solutions Inc.
• PHC Corporation
• REMI GROUP.
• FUKUSHIMA GALILEI CO. LTD.
• ARCTIKO
• EVERMED s.r.l.
• AticoExport
• Vestfrost Solutions
• BIONICS SCIENTIFIC TECHNOLOGIES (P) LTD.
• Eppendorf SE
• VWR International, LLC.
• Telstar
• B Medical Systems
• Bioway Corporation