India Medical Thawing System Market Forecast 2022-2028
KEY FINDINGS
The India medical thawing system market is projected to record a CAGR of 10.51% during the forecast period, 2022-2028. The surging number of road accidents is one of the major growth drivers.
MARKET INSIGHTS
India is expected to be the fastest-growing market for medical thawing systems. At present, the country has 2760 blood banks. Among these, 1131 blood banks are supplemented by NACO, Ministry of Health and Family Welfare (MoHFW). In addition, as per government data, in 2020, India recorded 374397 accidental deaths, of which 35% of the fatalities were attributed to road crashes. Such a high number of crashes requires fast-paced blood transfusion, wherein blood banks and hospitals play a key role.
Further, chronic diseases are increasingly prevalent in India that need a constant blood supply. According to government data, diabetes is on a surge, estimated to reach 80 million by 2030. Besides, India has a thriving pharma sector, encompassing vaccine production capabilities. Additionally, as per government sources, the Indian pharmaceutical sector is valued at $42 billion, and ranks thirteenth in terms of value and third in terms of volume globally. Moreover, pharma is one of the major end-users of medical thawing systems. As a result, such aspects along with the growing population, drive the market growth in India.
COMPETITIVE INSIGHTS
Some of the leading market players are Terumo Corporation, Sartorius AG, Cardinal Health, Danaher Corporation, Thermo Fisher Scientific Inc, etc.
Our report offerings include:
Explore key findings of the overall market
Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
Market Segmentation caters to a thorough assessment of key segments with their market estimations
Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments
- 1. Research Scope & Methodology
- 1.1. Study Objectives
- 1.2. Scope Of Study
- 1.3. Methodology
- 1.4. Assumptions & Limitations
- 2. Executive Summary
- 2.1. Market Size & Estimates
- 2.2. Country Snapshot
- 2.3. Country Analysis
- 2.4. Key Growth Enablers
- 2.5. Key Challenges
- 3. Key Analytics
- 3.1. Impact Of Covid-19 On Medical Thawing System Market
- 3.2. Key Market Trends
- 3.3. Porter’s Five Forces Analysis
- 3.3.1. Buyers Power
- 3.3.2. Suppliers Power
- 3.3.3. Substitution
- 3.3.4. New Entrants
- 3.3.5. Industry Rivalry
- 3.4. Opportunity Matrix
- 3.5. Pestle Analysis
- 4. Market By Sample Type
- 4.1. Blood
- 4.2. Embryo
- 4.3. Ovum
- 4.4. Semen
- 5. Market By End-user
- 5.1. Blood Banks
- 5.2. Hospitals
- 5.3. Tissue Banks
- 5.4. Pharmaceutical & Biotech Companies
- 5.5. Other End-users
- 6. Competitive Landscape
- 6.1. Key Strategic Developments
- 6.1.1. Mergers & Acquisitions
- 6.1.2. Partnerships & Agreements
- 6.1.3. Divestitures
- 6.2. Company Profiles
- 6.2.1. Cardinal Health
- 6.2.2. Danaher Corporation
- 6.2.3. Sartorius Ag
- 6.2.4. Terumo Corporation
- 6.2.5. Thermo Fisher Scientific Inc
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