Global Ultra-Low Temperature Freezer Market 2017-2021

  • ID: 4199026
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
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FEATURED COMPANIES

  • ARCTIKO
  • Azbil Telstar
  • Glen Dimplex
  • Helmer Scientific
  • Macro Scientific Works
  • REMI GROUP
  • MORE
The global ULT freezers market is growing moderately at a rate of 3.08%, which can be attributed to increased investments in R&D. Also, the market is driven by the expansion of end-user segments such as biobanks, hospitals and diagnostic centers, and others that use cold storage solutions such as ULT freezers to store a broad range of specimens and products such as tissue organs and pharmaceuticals under different low temperatures.

The growth and expansion of research facilities in sectors such as life sciences and biomedical are propelling the market growth as ULT freezers are a critical part of storage and preservation in these fields. ULT freezers are also used by pharmaceutical companies in the drug discovery and clinical testing processes. Thus, with the global pharmaceutical industry rebounding, the demand for ULT freezers is likely to rise with it.

The analysts forecast the global ultra-low temperature freezer market to grow at a CAGR of 3.08% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global ultra-low temperature freezer market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

- Americas
- APAC
- EMEA

The report, Global Ultra-Low Temperature Freezer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Eppendorf
- Helmer Scientific
- Panasonic Biomedical
- Thermo Fisher Scientific

Other prominent vendors
- ARCTIKO
- AticoExport
- Bionics Scientific Technologies
- Glen Dimplex
- Haier Biomedical
- LABCOLD
- Macro Scientific Works
- REMI GROUP
- Azbil Telstar
- Vestfrost Solutions
- VWR (Supplier and manufacturer)

Market drivers
- Gaining prominence of ULT freezers in biomedical sector.
- For a full, detailed list, view the full report

Market challenges
- Uncertain performance of temperature alarm system.
- For a full, detailed list, view the full report

Market trends
- Growing emphasis on temperature uniformity and energy efficiency.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ARCTIKO
  • Azbil Telstar
  • Glen Dimplex
  • Helmer Scientific
  • Macro Scientific Works
  • REMI GROUP
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Segmentation by end-users
  • Market overview
  • Biobanks in global ULT freezers market
  • Hospitals and diagnostic centers in global ULT freezers market
  • Others in the global ULT freezers market
PART 07: Segmentation by geography
  • Market overview
  • ULT freezers market in Americas
  • ULT freezers market in EMEA
  • ULT freezers market in APAC
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 10: Market trends
  • Increasing focus on expanding capacity and lowering footprint
  • Growing emphasis on temperature uniformity and energy efficiency
  • Migration of manufacturing and sales facilities to APAC
PART 11: Vendor landscape
  • Competitive scenario
PART 12: Key vendor analysis
  • Eppendorf
  • Helmer Scientific
  • Panasonic Biomedical
  • Thermo Fisher Scientific
  • Other prominent vendors
PART 13: Appendix
  • List of abbreviations
List of Exhibits

Exhibit 01: Global pharmaceutical market: Growth rate 2008-2018
Exhibit 02: Snapshot: Global ULT freezers market 2016-2021
Exhibit 03: Global ULT freezer market by product type 2016-2021
Exhibit 04: Global ULT freezers market 2016-2021 ($ millions)
Exhibit 05: Global ULT freezers market: Key impacting factors
Exhibit 06: Five forces analysis
Exhibit 07: Global ULT freezers market by technology 2016 and 2021
Exhibit 08: Opportunity analysis of global ULT freezers market
Exhibit 09: Biobanks in global ULT freezers market 2016-2021 ($ millions)
Exhibit 10: Hospitals and diagnostic centers in global ULT freezers market 2016-2021 ($ millions)
Exhibit 11: Others in the global ULT freezers market 2016-2021 ($ millions)
Exhibit 12: Global ULT freezers market by geography 2016 and 2021
Exhibit 13: ULT freezers market in Americas 2016-2021 ($ millions)
Exhibit 14: ULT freezers market in EMEA 2016-2021 ($ millions)
Exhibit 15: Impact of Brexit on laboratory equipment market
Exhibit 16: ULT freezers market in APAC 2016-2021 ($ millions)
Exhibit 17: Types of ULT freezers by performance parameters
Exhibit 18: Investments in global biomedical industry by area 2015
Exhibit 19: Region-wise growth in R&D spending in biomedical sector 2010-2015
Exhibit 20: Impact of drivers
Exhibit 21: Impact of challenges
Exhibit 22: Strategic success factor of companies
Exhibit 23: Competitive parameters in global ULT freezers market
Exhibit 24: Eppendorf: Product offerings
Exhibit 25: Eppendorf: Profile
Exhibit 26: Eppendorf: Strength analysis
Exhibit 27: Eppendorf: Strategy assessment
Exhibit 28: Eppendorf: Opportunity assessment
Exhibit 29: Helmer Scientific: Product offerings
Exhibit 30: Helmer Scientific: Profile
Exhibit 31: Helmer Scientific: Strength analysis
Exhibit 32: Helmer Scientific: Strategy assessment
Exhibit 33: Helmer Scientific: Opportunity assessment
Exhibit 34: Panasonic Biomedical: Product offerings
Exhibit 35: Panasonic Biomedical: Profile
Exhibit 36: Panasonic Biomedical: Strength analysis
Exhibit 37: Panasonic Biomedical: Strategy assessment
Exhibit 38: Panasonic Biomedical: Opportunity assessment
Exhibit 39: Thermo Fisher Scientific: Product offerings
Exhibit 40: Thermo Fisher Scientific: Profile
Exhibit 41: Thermo Fisher Scientific: Strength analysis
Exhibit 42: Thermo Fisher Scientific: Strategy assessment
Exhibit 43: Thermo Fisher Scientific: Opportunity assessment
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ARCTIKO
  • Azbil Telstar
  • Glen Dimplex
  • Helmer Scientific
  • Macro Scientific Works
  • REMI GROUP
  • MORE
New Report Released: - Global Ultra-Low Temperature Freezer Market 2017-2021

The author of the report recognizes the following companies as the key players in the global ultra-low temperature freezer market: Eppendorf, Helmer Scientific, Panasonic Biomedical, and Thermo Fisher Scientific.

Other Prominent Vendors in the market are: ARCTIKO, AticoExport, Bionics Scientific Technologies, Glen Dimplex, Haier Biomedical, LABCOLD, Macro Scientific Works, REMI GROUP, Azbil Telstar, Vestfrost Solutions, and VWR (Supplier and manufacturer).

Commenting on the report, an analyst from the research team said: “One trend in market is increasing focus on expanding capacity and lowering footprint. There is a growing demand in the US for blood bank refrigerators with higher capacity and lower carbon footprint. With the increasing demand for storage space from end-users, vendors are increasingly expanding their equipment capacity to provide under-counter and upright blood bank equipment models.

For instance, Helmer Scientific, a key vendor in the market, offers the iB105, an under-counter blood bank refrigerator with a storage capacity of 66 blood bags (450 ml bags). Therefore, the increased storage capacity and lower footprints of newer products will encourage end-users to upgrade existing equipment. Similarly, in August 2016, Stirling Ultracold, a provider of ULT freezers for the biomedical sector, entered into a master supply agreement with Case Western Reserve University to assist it in advanced sustainable research by offering units of energy-saving ULT freezers with low carbon footprint. With a global awareness about lowering the carbon footprint and need to accommodate several specimens, vendors will focus extensively on providing advanced solutions.”

According to the report, one driver in market is increasing investments in life science research. Growing investments in life science research, along with an increase in chronic diseases, fast-growing older population, population growth, growing life expectancy, and higher disposable income, are positively influencing the demand for blood bank refrigerators. Vendors are focusing on updating product technologies to keep up with the varying needs of researchers. ULT freezers remain a crucial element in the life sciences sector. Thus, the growth of the life sciences sector will propel the demand for ULT freezers during the forecast period.

The growth potential of this sector in terms of market size has driven many major vendors to continuously invest in increasing their new product pipelines while creating innovation and increasing their revenue streams. Emerging markets are likely to remain key growth regions during the forecast period. Although these markets are in their nascent stage in terms of growth and investment opportunities, several US-based life science companies are focusing on markets with unmet needs and significant access constraints, particularly in Africa and South America. M&As and divestiture activities will also play a key role in the growth and diversification prospects of these companies in emerging markets during the forecast period. Therefore, with an increase in the number of initiatives undertaken in the field of life sciences, there will be a significant demand for ULT freezers in the coming years.

Further, the report states that one challenge in market is high cost of equipment. The healthcare industry is stringently regulated worldwide. Manufacturers need to meet the compliance criteria at every stage of product development and management, which is often time-consuming and expensive. The funding and finance of ULT freezers vary from one region to another. For example, in the US, funding is mostly done by research councils (R&D funders and companies), governments, academia, companies, and non-profit organizations. Public biobanks, in general, depend on both government and external funding from a variety of sources.

For instance, ULT freezers in academia receive funding from non-profit organizations (charitable funding), central/state governments, and from companies (access and service fees). Thus, the product purchasing decision is restricted in most cases. Any revolutionary change in the product technology of ULT freezers will increase the total cost, which may eventually lead to lower adoption rates as many end-users may be deterred from purchasing these solutions. Similarly, end-users such as hospitals and diagnostic centers will either opt not to buy high-cost devices or delay their purchase.

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 a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Eppendorf
  • Helmer Scientific
  • Panasonic Biomedical
  • Thermo Fisher Scientific
  • ARCTIKO
  • AticoExport
  • Bionics Scientific Technologies
  • Glen Dimplex
  • Haier Biomedical
  • LABCOLD
  • Macro Scientific Works
  • REMI GROUP
  • Azbil Telstar
  • Vestfrost Solutions
  • VWR (Supplier and manufacturer)
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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