Laboratory Freezers Market Overview
Laboratory Freezers Market thermally insulated compartment and a heat pump that transfers heat from the device's interior to its surroundings, a laboratory freezer is a precisely engineered piece of equipment that cools the interior of the freezer to a temperature that is either significantly below or below the freezing point of water, depending on the material being frozen. For the preservation of a variety of biological products, including blood, tissues, serum, vaccination samples, and more, laboratory freezers are often used equipment in blood banks, educational institutions, and pharmaceutical and biotechnology companies. Biological samples that are being researched and used in experiments can be kept in the freezers.
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Dynamics of the Laboratory Freezers Market:
Market Drivers:
Developing vaccines to combat diseases
A number of factors, including a greater emphasis by manufacturers on creating distinctive devices for maintaining a range of cells and a rise in FDA approvals for cell treatments, have contributed to the market for laboratory freezers' notable expansion in recent decades. For instance, BioLife Solutions introduced "High-Capacity Controlled Rate Freezers" (HCRF) in April 2022. Furthermore, Kite announced in July 2020 that the US FDA has approved its Tecartus (formerly known as KTE-X19) CAR-T cell therapy. Adult patients with relapsed MCL benefit from the treatment.
In addition, the FDA approved the Breyanzi CAR-T treatment from Juno Therapeutics in February 2022. Adults with relapsed large B cell lymphoma are administered it. In April 2022, Singapore's "Health Sciences Authority" gave Novartis permission to market Kymriah. According to reports, this initial CAR-T therapy is a one-time procedure that is carried out especially for each patient. The new cell, tissue, and gene therapy regulatory framework (CTGTP) granted approval for the treatment.
Laboratory Freezers Market Regional Insights
Regional insights play a crucial role in understanding the nuanced dynamics of the Laboratory Freezers market. The Laboratory Freezers market is divided into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa. The report comprehensively examines factors, market size, growth rate, and import and export activities within each region. The Regional Analysis section presents the current status of the Laboratory Freezers market in the countries covered in the report.
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Laboratory Freezers Market Segmentation
by Type
Plasma Freezers
Enzyme Freezers
Flammable Material Freezers
Others
Plasma Freezers, Enzyme Freezers, Flammable Material Freezers, and Others are the several types of laboratory freezers that make up the market. With 66% of the market in 2023, the plasma freezers sector had the biggest share. The ideal temperature range for plasma freezers is between -30°C and -40°C. Blood banks, research facilities, pharmacies, and hospital plasma freezers all use these freezers to store plasma products, whole blood, vaccines, and test samples. The market for plasma freezers is anticipated to rule the biomedical freezers sector over the forecast period. The primary causes of this are the rise in apheresis treatments and the need for fresh frozen plasma storage (FFP).
by End User
Blood Banks
Medical Laboratories
Pharmaceutical & Biotechnology Companies
Others
Laboratory Freezers Market Key Players
1. Eppendorf AG
2. Haier Biomedical
3. Thermo Fisher Scientific, Inc.
4. Helmer Scientific
5. PHC Holdings Corporation
6. Liebherr
7. Middleby Corporation
8. Felix Storch, Inc.
9. BioLife Solutions, Inc.
10. Blue Star Limited
11. B Medical Systems
12. Philipp Kirsch GmbH
13. Avantor, Inc.
14. Standex International Corporation
15. Vestfrost Solutions A/S
16. Changhong Meiling Co. Ltd.
EVERmed S.R.L.
17. ARCTIKO A/S
18. Glen Dimplex Medical Appliances
19. So-Low Environmental Equipment Co. Ltd.
20. KW Apparecchi Scientifici SRL
21. Jeio Tech
22. Refrigerated Solutions Group
23. Stericox India Private Limited
24. Thalheimer Kühlung
25. Antylia Scientific
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Key questions answered in the Laboratory Freezers Market are:
- What is Laboratory Freezers?
- What will be the CAGR at which the Laboratory Freezers market will grow?
- What is the growth rate of the Laboratory Freezers Market?
- What are the industry trends that can be implemented to generate additional revenue streams for the Laboratory Freezers Market?
- Who are the leading companies and what are their portfolios in Laboratory Freezers Market?
- What segments are covered in the Laboratory Freezers Market?
- Which are the factors expected to drive the Laboratory Freezers market growth?
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