Global Blood Bank Refrigerators Market 2024-2028
The blood bank refrigerators market is forecasted to grow by USD 410.7 mn during 2023-2028, accelerating at a CAGR of 6.1% during the forecast period. The report on the blood bank refrigerators market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in number of road accidents and sports injuries, growing number of hospitals and blood banks, and increasing number of surgical, dialysis, and blood transfusion procedures.
Technavio's blood bank refrigerators market is segmented as below:
- By Product
- Standard electric refrigerators
- Solar-powered refrigerators
- Ice-lined refrigerators
- By End-user
- Hospitals and diagnostic centers
- Stand-alone blood bank centers
- Others
- By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the presence of value-added software and hardware products as one of the prime reasons driving the blood bank refrigerators market growth during the next few years. Also, growing number of product launches by market vendors and increasing focus on traditional strategies like acquisition by market vendors will lead to sizable demand in the market.
The report on the blood bank refrigerators market covers the following areas:
- Blood bank refrigerators market sizing
- Blood bank refrigerators market forecast
- Blood bank refrigerators market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading blood bank refrigerators market vendors that include Aegis Scientific, ARCTIKO AS, Azenta US, Inc, BioLife Solutions Inc., Calibre Scientific Inc., Cardinal Health Inc., Climatic Testing Systems Inc., Eppendorf SE, Haier Smart Home Co. Ltd., LabRepCo LLC, Liebherr International AG, Migali Industries Inc., Perley Halladay Associates Inc., PHC Holdings Corp., Philipp Kirsch GmbH, So Low Environmental Equipment Co. Inc., Stericox India Pvt. Ltd., The Middleby Corp., Thermo Fisher Scientific Inc., and Trane Technologies Plc. Also, the blood bank refrigerators market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.