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South and Central America Cryopreservation Equipment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type; Cryogen Type; Application; End User- Product Image
South and Central America Cryopreservation Equipment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type; Cryogen Type; Application; End User- Product Image
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South and Central America Cryopreservation Equipment Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type; Cryogen Type; Application; End User

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  • 156 Pages
  • July 2021
  • The Insight Partners
  • ID: 5416308
UP TO OFF until Jun 30th 2024
Description Jump to:
Freezers Segment has the Largest Share of Type in the South and Central America Cryopreservation Equipment Market during 2021-2028

According to a new market research study on “South and Central America Cryopreservation Equipment Market to 2028 - COVID-19 Impact and Regional Analysis and Forecast by Type, Cryogen Type, Application and End-user,” is expected to reach US$ 565.0 million by 2028 from US$ 316.0 million in 2021. The market is estimated to grow at a CAGR of 8.7% from 2021 to 2028. The report provides trends prevailing in the South and Central America cryopreservation equipment market along with the drivers and restraints pertaining to the market growth. The growth of this market is estimated to grow owing to key driving factors such as the growing acceptance for regenerative medicine and increasing needs of biobanking practices are the key factors driving the market growth. However, the market is expected experiencing slow growth during the forecast period owing to the stringent regulatory requirements for equipment, reagents, cryogens, disposables, and consumables.

The cryopreservation equipment market in the South and Central America includes the Brazil, Argentina, and other South American countries. Considerable number of countries in South America have very underdeveloped healthcare infrastructure. In addition, the availability of cryopreservation equipment in the region is also significantly lower. Furthermore, supply chain disruption caused due to congestion of ports and disturbances in other transport means had substantial impact on the distribution of cryopreservation equipment and other accessories in the region. All these factors considerably deterred the growth of South and Central America cryopreservation equipment market.

The market for cryopreservation equipment market is segmented into type, cryogen type, application, and End-user. Based on type, the cryopreservation equipment market is segmented into freezers, sample preparation systems, and accessories. In 2020, the freezers segment held the largest share of the market, by type. Moreover, the same segment is estimated to grow at significant CAGR due to versatile nature of freezers to be used in various settings, easy to use, technological advances, increasing product launches, and high adoption of freezers in stem cell banks during the forecast period.

Thermo Fisher Scientific Inc. Brooks Automation, Inc. Avantor, Inc. Hamilton Company, PHC Holdings Corporation, General Electric Company, Cryoport Systems, LLC. Antech Group Inc. BioLife Solutions, and ZhongkeMeiling Cryogenics Company Limited are among the leading companies in the South and Central America cryopreservation equipment market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in April 2021, with an initial shipment to a leading cell treatment business, BioLife Solutions, Inc. released a new line of high capacity-controlled rate freezers (HCRF).

The report segments the South and Central America Cryopreservation Equipment market as follows:


By Type

  • Freezers
  • Sample Preparation Systems
  • Accessories
  • Freezer Boxes
  • Freezer Racks
  • Cryopreservation Vials
  • Others

By Cryogen Type

  • Liquid Nitrogen
  • Oxygen
  • Liquid Helium
  • Argon
  • Others

By Application

  • Cord Blood Stem Cells
  • Sperms Semen and Testicular Tissues
  • Embryos and Oocytes
  • Cell and Gene Therapies
  • Others

By End-user

  • Stem Cell Banks
  • Biotechnology and Pharmaceutical Organizations
  • Stem Cell Research Laboratories
  • Others

By Country

  • South and Central America
  • Brazil
  • Argentina
  • Columbia
  • Rest of South and Central America

Reasons to buy:

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the South and Central America cryopreservation equipment market
  • Highlights key business priorities in order to assist companies to realign their business strategies
  • The key findings and recommendations highlight crucial progressive industry trends in the South and Central America cryopreservation equipment market, thereby allowing players across the value chain to develop effective long-term strategies
  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
  • Scrutinize in-depth South and Central America market trends and outlook coupled with the factors driving the cryopreservation equipment market, as well as those hindering it
  • Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.

Table of Contents

1. Introduction
1.1 Scope of the Study
1.2 Research Report Guidance
1.3 Market Segmentation
1.3.1 Cryopreservation Equipment Market - By Type
1.3.2 Cryopreservation Equipment Market - By Cryogen Type
1.3.3 Cryopreservation Equipment Market - By Application
1.3.4 Cryopreservation Equipment Market - By End User
1.3.5 South and Central America Cryopreservation Equipment Market - By Country
2. South and Central America Cryopreservation Equipment Market - Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. South and Central America Cryopreservation Equipment Market - Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 Cryopreservation Equipment Market - South and Central America PEST Analysis
4.3 Expert Opinion
5. South and Central America Cryopreservation Equipment Market - Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Acceptance for Regenerative Medicine
5.1.2 Increasing Needs of Biobanking Practices
5.2 Market Restraints
5.2.1 Stringent Regulatory Requirements
5.3 Market Opportunities
5.3.1 Importance of Cryopreservation for Success of Cell-Based Therapies
5.4 Future Trends
5.4.1 3D Printing to Provide Customizable Probes for Sensing and Monitoring in Cryobiology Applications
5.5 Impact Analysis
6. Cryopreservation Equipment Market - South and Central America Analysis
6.1 South and Central America Cryopreservation Equipment Market Revenue Forecasts and Analysis
7. South and Central America Cryopreservation Equipment Market Analysis and Forecasts To 2028 - By Type
7.1 Overview
7.2 Cryopreservation Equipment Market Revenue Share, by Type (2021 and 2028)
7.3 Freezers
7.3.1 Overview
7.3.2 Freezers: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
7.4 Sample Preparation Systems
7.4.1 Overview
7.4.2 Sample Preparation Systems: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
7.5 Accessories
7.5.1 Overview
7.5.2 Accessories: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
7.5.3 Freezer Boxes
7.5.3.1 Overview
7.5.3.2 Freezer Boxes: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
7.5.4 Freezer Racks
7.5.4.1 Overview
7.5.4.2 Freezer Racks: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
7.5.5 Cryopreservation Vials
7.5.5.1 Overview
7.5.5.2 Cryopreservation Vials: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
7.5.6 Others
7.5.6.1 Overview
7.5.6.2 Others: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8. South and Central America Cryopreservation Equipment Market Analysis and Forecasts To 2028 - By Cryogen Type
8.1 Overview
8.2 Cryopreservation Equipment Market, by Cryogen Type 2021 & 2028 (%)
8.3 Liquid Nitrogen
8.3.1 Overview
8.3.2 Liquid Nitrogen: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8.4 Oxygen
8.4.1 Overview
8.4.2 Oxygen: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8.5 Liquid Helium
8.5.1 Overview
8.5.2 Liquid Helium: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8.6 Argon
8.6.1 Overview
8.6.2 Argon: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
9. South and Central America Cryopreservation Equipment Market Analysis and Forecasts To 2028 - By Application
9.1 Overview
9.2 Cryopreservation Equipment Market Revenue Share, by Application (2021 and 2028)
9.3 Cord Blood Stem Cells
9.3.1 Overview
9.3.2 Cord Blood Stem Cells: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
9.4 Sperms, Semen and Testicular Tissues
9.4.1 Overview
9.4.2 Sperms Semen and Testicular Tissues: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
9.5 Embryos and Oocytes
9.5.1 Overview
9.5.2 Embryos and Oocytes: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
9.6 Cell and Gene Therapies
9.6.1 Overview
9.6.2 Cell and Gene Therapies: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10. South and Central America Cryopreservation Equipment Market Analysis and Forecasts to 2028 - By End User
10.1 Overview
10.2 Cryopreservation Equipment Market Revenue Share, by End User (2021 and 2028)
10.3 Stem Cell Banks
10.3.1 Overview
10.3.2 Stem Cell Banks: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.4 Biotechnology and Pharmaceutical Organizations
10.4.1 Overview
10.4.2 Biotechnology and Pharmaceutical Organizations: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.5 Stem Cell Research Laboratories
10.5.1 Overview
10.5.2 Stem Cell Research Laboratories: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
10.6 Others
10.6.1 Overview
10.6.2 Others: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
11. Cryopreservation Equipment Market Revenue and Forecasts to 2028 - Geographical Analysis
11.1 South and Central America: Cryopreservation Equipment Market
11.1.1 Overview
11.1.2 South and Central America: Cryopreservation Equipment Market, by Country, 2021 & 2028 (%)
11.1.2.1 Brazil: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (USD Million)
11.1.2.1.1 Brazil: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (USD Million)
11.1.2.1.2 Brazil: Cryopreservation Equipment Market, by Type, 2019-2028 (USD Million)
11.1.2.1.2.1 Brazil: Cryopreservation Equipment Market, by Accessories, 2019-2028 (USD Million)
11.1.2.1.3 Brazil: Cryopreservation Equipment Market, by Cryogen Type, 2019-2028 (USD Million)
11.1.2.1.4 Brazil: Cryopreservation Equipment Market, by Application, 2019-2028 (USD Million)
11.1.2.1.5 Brazil: Cryopreservation Equipment Market, End User, 2019-2028 (USD Million)
11.1.2.2 Argentina: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (USD Million)
11.1.2.2.1 Argentina: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (USD Million)
11.1.2.2.2 Argentina: Cryopreservation Equipment Market, by Type, 2019-2028 (USD Million)
11.1.2.2.2.1 Argentina: Cryopreservation Equipment Market, by Accessories, 2019-2028 (USD Million)
11.1.2.2.3 Argentina: Cryopreservation Equipment Market, by Cryogen Type, 2019-2028 (USD Million)
11.1.2.2.4 Argentina: Cryopreservation Equipment Market, by Application, 2019-2028 (USD Million)
11.1.2.2.5 Argentina: Cryopreservation Equipment Market, End User, 2019-2028 (USD Million)
11.1.2.3 Colombia: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (USD Million)
11.1.2.3.1 Colombia: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (USD Million)
11.1.2.3.2 Colombia: Cryopreservation Equipment Market, by Type, 2019-2028 (USD Million)
11.1.2.3.2.1 Colombia: Cryopreservation Equipment Market, by Accessories, 2019-2028 (USD Million)
11.1.2.3.3 Colombia: Cryopreservation Equipment Market, by Cryogen Type, 2019-2028 (USD Million)
11.1.2.3.4 Colombia: Cryopreservation Equipment Market, by Application, 2019-2028 (USD Million)
11.1.2.3.5 Colombia: Cryopreservation Equipment Market, End User, 2019-2028 (USD Million)
11.1.2.4 Rest of South and Central America: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (USD Million)
11.1.2.4.1 Rest of South and Central America: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (USD Million)
11.1.2.4.2 Rest of South and Central America: Cryopreservation Equipment Market, by Type, 2019-2028 (USD Million)
11.1.2.4.2.1 Rest of South and Central America: Cryopreservation Equipment Market, by Accessories, 2019-2028 (USD Million)
11.1.2.4.3 Rest of South and Central America: Cryopreservation Equipment Market, by Cryogen Type, 2019-2028 (USD Million)
11.1.2.4.4 Rest of South and Central America: Cryopreservation Equipment Market, by Application, 2019-2028 (USD Million)
11.1.2.4.5 Rest of South and Central America: Cryopreservation Equipment Market, End User, 2019-2028 (USD Million)
12. Impact Of COVID-19 Pandemic on South and Central America Cryopreservation Equipment Market
12.1 South and Central America: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Growth Strategies Done by the Companies in the Market, (%)
13.3 Organic Developments
13.3.1 Overview
13.4 Inorganic Developments
13.4.1 Overview
14. COMPANY PROFILES
14.1 THERMO FISHER SCIENTIFIC INC.
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 Brooks Automation, Inc
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 Avantor, Inc.
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 Hamilton Company
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 PHC Holdings Corporation
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 General Electric Company
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Cryoport Systems, LLC.
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Antech Group Inc.
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
14.9 BioLife Solutions
14.9.1 Key Facts
14.9.2 Business Description
14.9.3 Products and Services
14.9.4 Financial Overview
14.9.5 SWOT Analysis
14.9.6 Key Developments
14.10 ZhongkeMeiling Cryogenics Company Limited
14.10.1 Key Facts
14.10.2 Business Description
14.10.3 Products and Services
14.10.4 Financial Overview
14.10.5 SWOT Analysis
14.10.6 Key Developments
15. Appendix
15.1 About
15.2 Glossary of Terms
List of Tables
Table 1. Brazil: Cryopreservation Equipment Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 2. Brazil: Cryopreservation Equipment Market, by Accessories - Revenue and Forecast to 2028 (USD Million)
Table 3. Brazil: Cryopreservation Equipment Market, by Cryogen Type - Revenue and Forecast to 2028 (USD Million)
Table 4. Brazil: Cryopreservation Equipment Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 5. Brazil: Cryopreservation Equipment Market, End User - Revenue and Forecast to 2028 (USD Million)
Table 6. Argentina: Cryopreservation Equipment Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 7. Argentina: Cryopreservation Equipment Market, by Accessories - Revenue and Forecast to 2028 (USD Million)
Table 8. Argentina: Cryopreservation Equipment Market, by Cryogen Type - Revenue and Forecast to 2028 (USD Million)
Table 9. Argentina: Cryopreservation Equipment Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 10. Argentina: Cryopreservation Equipment Market, End User - Revenue and Forecast to 2028 (USD Million)
Table 11. Colombia: Cryopreservation Equipment Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 12. Colombia: Cryopreservation Equipment Market, by Accessories - Revenue and Forecast to 2028 (USD Million)
Table 13. Colombia: Cryopreservation Equipment Market, by Cryogen Type - Revenue and Forecast to 2028 (USD Million)
Table 14. Colombia: Cryopreservation Equipment Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 15. Colombia: Cryopreservation Equipment Market, End User - Revenue and Forecast to 2028 (USD Million)
Table 16. Rest of South and Central America: Cryopreservation Equipment Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 17. Rest of South and Central America: Cryopreservation Equipment Market, by Accessories - Revenue and Forecast to 2028 (USD Million)
Table 18. Rest of South and Central America: Cryopreservation Equipment Market, by Cryogen Type - Revenue and Forecast to 2028 (USD Million)
Table 19. Rest of South and Central America: Cryopreservation Equipment Market, by Application - Revenue and Forecast to 2028 (USD Million)
Table 20. Rest of South and Central America: Cryopreservation Equipment Market, End User - Revenue and Forecast to 2028 (USD Million)
Table 21. Organic Developments Done by Companies
Table 22. Inorganic Developments Done by Companies
Table 23. Glossary of Terms, Cryopreservation Equipment Market
List of Figures
Figure 1. Cryopreservation Equipment Market Segmentation
Figure 2. South and Central America Cryopreservation Equipment Market Overview
Figure 3. Freezers Segment Held Largest Share of Type in Cryopreservation Equipment Market
Figure 4. Brazil is Expected to Show Remarkable Growth During the Forecast Period
Figure 5. Cryopreservation Equipment Market - South and Central America PEST Analysis
Figure 6. Cryopreservation Equipment Market Impact Analysis of Driver and Restraints
Figure 7. South and Central America Cryopreservation Equipment Market - Revenue Forecasts and Analysis - 2020 - 2028
Figure 8. Cryopreservation Equipment Market Revenue Share, by Type (2021 and 2028)
Figure 9. Freezers: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 10. Sample Preparation Systems: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 11. Accessories: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 12. Freezer Boxes: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. Freezer Racks: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 14. Cryopreservation Vials: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 15. Others: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. Cryopreservation Equipment Market, by Cryogen Type 2021 & 2028 (%)
Figure 17. Liquid Nitrogen: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 18. Oxygen: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Liquid Helium: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Argon: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Others: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 22. Cryopreservation Equipment Market Revenue Share, by Application (2021 and 2028)
Figure 23. Cord Blood Stem Cells: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 24. Sperms Semen and Testicular Tissues: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 25. Embryos and Oocytes: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 26. Cell and Gene Therapies: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 27. Others: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 28. Cryopreservation Equipment Market Revenue Share, by End User (2021 and 2028)
Figure 29. Stem Cell Banks: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Biotechnology and Pharmaceutical Organizations: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 31. Stem Cell Research Laboratories: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 32. Others: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (US$ Million)
Figure 33. South and Central America: Cryopreservation Equipment Market, by Key Country - Revenue (2021) (USD Million)
Figure 34. South and Central America: Cryopreservation Equipment Market, by Country, 2021 & 2028 (%)
Figure 35. Brazil: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (USD Million)
Figure 36. Argentina: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (USD Million)
Figure 37. Colombia: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (USD Million)
Figure 38. Rest of South and Central America: Cryopreservation Equipment Market - Revenue and Forecast to 2028 (USD Million)
Figure 39. Impact of COVID-19 Pandemic in South and Central America Country Markets
Figure 40. Growth Strategies Done by the Companies in the Market, (%)

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Thermo Fisher Scientific Inc.
  • Brooks Automation, Inc
  • Avantor, Inc.
  • Hamilton Company
  • PHC Holdings Corporation
  • General Electric Company
  • Cryoport Systems, LLC.
  • Antech Group Inc.
  • BioLife Solutions
  • ZhongkeMeiling Cryogenics Company Limited

Table Information

Report AttributeDetails
No. of Pages156
PublishedJuly 2021
Forecast Period2021 - 2028
Estimated Market Value ( USD ) in 2021 $ 316 Million
Forecasted Market Value ( USD ) by 2028 $ 565 Million
Compound Annual Growth Rate8.7%

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