North America Medical and Lab Refrigerator Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type (Blood Bank Refrigerators, Laboratory Refrigerators, Pharmacy Refrigerators, Enzyme Refrigerators, Others); End User (Blood Banks, Pharmaceutical Companies, Hospitals and Pharmacies, Research Institutes, Others), and Geography

Code: TIPRE00016227 | Pages: 98 | Industry: Medical Device | Date: Nov 2020 | Type: Regional

BMI RD

Product Type (Blood Bank Refrigerators, Laboratory Refrigerators, Pharmacy Refrigerators, Enzyme Refrigerators, Others); End User (Blood Banks, Pharmaceutical Companies, Hospitals and Pharmacies, Research Institutes, Others), and Country

Pages:      164

 

Market Introduction

This research report provides insights into the global Medical and Lab Refrigerator market. Medical refrigerators are designed to meet the temperature requirements for safe drug storage. Medical refrigerators are used to store vaccines, pharmaceuticals, chemotherapeutics, blood, plasma, and other samples that require tight temperature control. These are more reliable products for the storage of medicinal products as they emit less heat and less sound into the room.

 


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Market Overview and Dynamics

The North America Medical and Lab Refrigerator is expected to reach US$ 647.19 million in 2027 from US$ 497.92 million in 2019; it is estimated to grow at a CAGR of 3.3% from 2020 to 2027. Rising occurrence of hematological disorders and an increment in the number of accidents have increased the requirement for plasma for employment in plasma fractionation operations. In return, this requirement has led to an increase in requirements for plasma freezers and refrigerators at the blood bank. These features are boosting demand for blood bank development worldwide. Thus, driving demand for refrigerators for medical and laboratory use.

Key Market Segments

In terms of product type, the blood bank refrigerator segment held the largest share of the market in 2019; and also is anticipated to register the highest CAGR in the market during the forecast period. The increasing number of road accidents worldwide is one of the significant factors propelling the demand for blood from blood banks and thus increasing the market for blood bank refrigerators. In terms of end use, the pharmaceuticals companies segment held a larger share of the market in 2019 and also is estimated to register a higher market share in the market during the forecast period

Major Sources and Companies Listed

The World Health Organization (WHO), Food and Drug Administration (FDA), Centers for Disease Control and Prevention (CDC), and Canadian MedTech Manufacturers’ Alliance are some of the major primary and secondary sources for the North America Medical and Lab Refrigerator market included in the report.

Reasons to buy the report

  • To understand the North America Medical and Lab Refrigerator market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for the North America Medical and Lab Refrigerator market
  • Efficiently plan M&A and partnership deals in the North America Medical and Lab Refrigerator market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form the North America Medical and Lab Refrigerator market
  • Obtain market revenue forecast for market by various segments from 2019 to 2027 in the region

North America Medical and Lab Refrigerator Market Segmentation

By Product Type

  • Blood Bank Refrigerators
  • Laboratory Refrigerators
  • Pharmacy Refrigerators
  • Enzyme Refrigerators
  • Others

By End User

  • Blood Banks
  • Pharmaceutical Companies
  • Hospitals and Pharmacies
  • Research Institutes
  • Others

Company Profiles

  • ZhongkeMeiling Cryogenics Company Limited
  • Felix Storch, Inc
  • Follett LLC
  • Helmer Scientific Inc.
  • Haier Biomedical
  • Lec Medical
  • Philipp Kirsch GmbH
  • Thermo Fisher Scientific Inc.
  • Vestfrost Solutions
  • Blue Star Limited
 

1.            Introduction

1.1       Study Scope

1.2       The Insight Partners Research Report Guidance

1.3       Market Segmentation

2.            Key Takeaways

2.1       Coverage

2.2       Secondary Research

2.3       Primary Research

3.            Medical and Lab Refrigerator Market Landscape

3.1       Market Overview

3.2       PEST Analysis

3.2.1        North America

3.3       Ecosystem Analysis

3.4       Expert Opinion

4.            Medical and Lab Refrigerator Market – Key Market Dynamics

4.1       Market Drivers

4.1.1        Growing Demand for Blood Storage Centers and Blood Banks

4.1.2        Increasing Number of Accidents, Surgery Interventions, and others

4.2       Market Restraints

4.2.1        Increasing Preference for Refurbished Equipment

4.3       Market Opportunities

4.3.1        Increasing Research & Development Investments in Medical Science by Government Organizations

4.4       Future Trends

4.4.1        Technological Advancements in Medical Refrigerators

4.5       Impact Analysis of Drivers and Restraints

5.            Medical and Lab Refrigerator Market Analysis –  By Product Type

5.1       Overview

5.2       Medical and Lab Refrigerator Market, By Product Type (2019 and 2027)

5.3       Blood Bank Refrigerators

5.3.1        Overview

5.3.2        Blood Bank Refrigerators: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027  (US$ Million)

5.4       Laboratory Refrigerators

5.4.1        Overview

5.4.2        Laboratory Refrigerators: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027  (US$ Million)

5.5       Pharmacy Refrigerators

5.5.1        Overview

5.5.2        Pharmacy Refrigerators: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027  (US$ Million)

5.6       Enzyme Refrigerators

5.6.1        Overview

5.6.2        Enzyme Refrigerators: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027  (US$ Million)

5.7       Others

5.7.1        Overview

5.7.2        Others: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

6.            Medical and Lab Refrigerator Market Analysis –  By End-user

6.1       Overview

6.2       Medical and Lab Refrigerator Market, By End-user (2019 and 2027)

6.3       Blood Bank

6.3.1        Overview

6.3.2        Blood Bank: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

6.4       Pharmaceutical Companies

6.4.1        Overview

6.4.2        Pharmaceutical Companies: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027  (US$ Million)

6.5       Hospitals and Pharmacies

6.5.1        Overview

6.5.2        Hospitals and Pharmacies: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027  (US$ Million)

6.6       Research Institutes

6.6.1        Overview

6.6.2        Research Institutes: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

6.7       Others

6.7.1        Overview

6.7.2        Others: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

7.            Medical and Lab Refrigerator Market – Geographic Analysis

7.1       North America: Medical and Lab Refrigerator Market

7.1.1        North America: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

7.1.2        North America: Medical and Lab Refrigerator Market, by Product Type

7.1.3        North America: Medical and Lab Refrigerator Market, by End-user

7.1.4        North America: Medical and Lab Refrigerator Market, by Key Country

7.1.4.1      US: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

7.1.4.1.1      US: Medical and Lab Refrigerator Market, by Product Type

7.1.4.1.2      US: Medical and Lab Refrigerator Market, by End-user

7.1.4.2      Canada: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

7.1.4.2.1      Canada: Medical and Lab Refrigerator Market, by Product Type

7.1.4.2.2      Canada: Medical and Lab Refrigerator Market, by End-user

7.1.4.3      Mexico: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

7.1.4.3.1      Mexico: Medical and Lab Refrigerator Market, by Product Type

7.1.4.3.2      Mexico: Medical and Lab Refrigerator Market, by End-user

7.2       North America: Impact Assessment of COVID-19 Pandemic

8.            Industry Landscape

8.1       Overview

8.2       Market Initiative

8.3       New Product Development

8.4       Merger and Acquisition

9.            Key Company Profiles

9.1       ZhongkeMeiling Cryogenics Company Limited

9.1.1        Key Facts

9.1.2        Business Description

9.1.3        Products and Services

9.1.4        Financial Overview

9.1.5        SWOT Analysis

9.1.6        Key Developments

9.2       Felix Storch, Inc.

9.2.1        Key Facts

9.2.2        Business Description

9.2.3        Products and Services

9.2.4        Financial Overview

9.2.5        SWOT Analysis

9.2.6        Key Developments

9.3       Follett LLC

9.3.1        Key Facts

9.3.2        Business Description

9.3.3        Products and Services

9.3.4        Financial Overview

9.3.5        SWOT Analysis

9.3.6        Key Developments

9.4       Helmer Scientific Inc.

9.4.1        Key Facts

9.4.2        Business Description

9.4.3        Products and Services

9.4.4        Financial Overview

9.4.5        SWOT Analysis

9.4.6        Key Developments

9.5       Haier Biomedical

9.5.1        Key Facts

9.5.2        Business Description

9.5.3        Products and Services

9.5.4        Financial Overview

9.5.5        SWOT Analysis

9.5.6        Key Developments

9.6       Lec Medical

9.6.1        Key Facts

9.6.2        Business Description

9.6.3        Products and Services

9.6.4        Financial Overview

9.6.5        SWOT Analysis

9.6.6        Key Developments

9.7       Philipp Kirsch GmbH

9.7.1        Key Facts

9.7.2        Business Description

9.7.3        Products and Services

9.7.4        Financial Overview

9.7.5        SWOT Analysis

9.7.6        Key Developments

9.8       Thermo Fisher Scientific Inc.

9.8.1        Key Facts

9.8.2        Business Description

9.8.3        Products and Services

9.8.4        Financial Overview

9.8.5        SWOT Analysis

9.8.6        Key Developments

9.9       Vestfrost Solutions

9.9.1        Key Facts

9.9.2        Business Description

9.9.3        Products and Services

9.9.4        Financial Overview

9.9.5        SWOT Analysis

9.9.6        Key Developments

9.10    Blue Star Limited

9.10.1     Key Facts

9.10.2     Business Description

9.10.3     Products and Services

9.10.4     Financial Overview

9.10.5     SWOT Analysis

9.10.6     Key Developments

10.         Appendix

10.1    About The Insight Partners

10.2    Word Index


LIST OF TABLES

Table 1.            North America: Medical and Lab Refrigerator Market, by Product Type – Revenue and Forecast to 2027  (US$ Million)

Table 2.            North America: Medical and Lab Refrigerator Market, by Product Type – Revenue and Forecast to 2027  (US$ Million)

Table 3.            US: Medical and Lab Refrigerator Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 4.            US: Medical and Lab Refrigerator Market, by End-user –Revenue and Forecast to 2027 (US$ Million)

Table 5.            Canada: Medical and Lab Refrigerator Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 6.            Canada: Medical and Lab Refrigerator Market, by End-user –Revenue and Forecast to 2027 (US$ Million)

Table 7.            Mexico: Medical and Lab Refrigerator Market, by Product Type –Revenue and Forecast to 2027 (US$ Million)

Table 8.            Mexico: Medical and Lab Refrigerator Market, by End-user –Revenue and Forecast to 2027 (US$ Million)

Table 9.            List of Abbreviation

 

LIST OF FIGURES

Figure 1.           Medical and Lab Refrigerator Market Segmentation

Figure 2.           Medical and Lab Refrigerator Market Segmentation – By Geography

Figure 3.           North America medical and lab refrigerator market Overview

Figure 4.           North America medical and lab refrigerator market – Strategy Analysis

Figure 5.           Global Medical and Lab Refrigerator Product Type Overview

Figure 6.           Global Medical and Lab Refrigerator End Use Overview

Figure 7.           Research Methodology

Figure 8.           North America – PEST Analysis

Figure 9.           Medical and Lab Refrigerator Market – Ecosystem Analysis

Figure 10.        Expert Opinion

Figure 11.        Medical and Lab Refrigerator Market Impact Analysis of Drivers and Restraints

Figure 12.        Medical and Lab Refrigerator Market Revenue Share, by Product Type (2019 and 2027)

Figure 13.        Blood Bank Refrigerators: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 14.        Laboratory Refrigerators: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 15.        Pharmacy Refrigerators: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 16.        Enzyme Refrigerators: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 17.        Others: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 18.        Medical and Lab Refrigerator Market Revenue Share, by End-user (2019 and 2027)

Figure 19.        Blood Bank: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 20.        Pharmaceutical Companies: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027  (US$ Million)

Figure 21.        Hospitals and Pharmacies: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027  (US$ Million)

Figure 22.        Research Institutes: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 23.        Others: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 24.        North America: Medical and Lab Refrigerator Market – Revenue and Forecast to 2027 (US$ Million)

Figure 25.        North America: Medical and Lab Refrigerator Market Revenue Share, by Product Type (2019 and 2027)

Figure 26.        North America: Medical and Lab Refrigerator Market Revenue Share, by End-user (2019 and 2027)

Figure 27.        North America: Medical and Lab Refrigerator Market Revenue Share, by Key Country (2019 and 2027)

Figure 28.        US: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 29.        Canada: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 30.        Mexico: Medical and Lab Refrigerator Market – Revenue, and Forecast to 2027 (US$ Million)

Figure 31.        Impact of COVID-19 Pandemic in North American Markets

  1. ZhongkeMeiling Cryogenics Company Limited
  2. Felix Storch, Inc
  3. Follett LLC
  4. Helmer Scientific Inc.
  5. Haier Biomedical
  6. Lec Medical
  7. Philipp Kirsch GmbH
  8. Thermo Fisher Scientific Inc.
  9. Vestfrost Solutions
  10. Blue Star Limited
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