Laboratory/pharmacy/laboratory refrigerators are designed specifically for preserving medical samples (drugs, vaccines, biological reagents, flammable chemicals, and specialty instruments) at a temperature ranging between -5°C and 15°C. Laboratory/pharmacy/medical freezers store samples between -25°C and -15°C. Therefore, laboratory/pharmacy/medical freezers are widely used for storage of biological samples such as vaccines, tissue and serums, RNA samples, bacteria strains, protein extracts, DNA, and medical or pharmaceutical supplies.
Presently, the blood bank refrigerators segment accounts for the largest share of the global biomedical refrigerators and freezers market. The blood bank refrigerators segment is majorly driven by steady rise in the number of blood banks in developing and developed region. According to the Central Drugs Standard Control Organization (India), there were approximately 2,545 registered blood banks in India in 2012 and the number is expected to reach 3,000 in the next five to ten years. Thus, rising number of blood banks would contribute to market growth. On the other hand, the laboratory/pharmacy/medical freezers segment is anticipated to expand at the fastest growth rate during the forecast period from 2014 to 2022. Rising number of medical facilities and diagnostic centers due to growing prevalence of chronic diseases is anticipated to push the demand for laboratory/pharmacy/medical freezers.
Ad Statistics
Times Displayed: 22281
Times Visited: 445 Stay up to date with the latest training to fix, troubleshoot, and maintain your critical care devices. GE HealthCare offers multiple training formats to empower teams and expand knowledge, saving you time and money
The blood banks application segment was valued at the largest market in terms of USD million in 2013. Factors such as rising demand for blood transfusions, whole blood, and blood components led to an increase in the number of blood banks globally, which in turn boosted the growth of the segment in 2013. The blood banks segment is expected to maintain its leadership position during the forecast period in terms of revenue. Installation of premium priced equipment such as shock freezers, plasma freezers, and blood bank refrigerators in blood banks is expected to propel the growth of the segment. Moreover, rising research and development activities in biopharmaceutical and life science field is anticipated to fuel demand for biomedical refrigerators and freezers in research laboratories and institutions. Therefore, the research laboratories segment is projected to expand at the fastest CAGR during forecast period.
The global biomedical refrigerators and freezers market has been segmented as follows:
