The Medical Refrigerators Market was valued at USD 3.5 Billion in 2020 and is projected to reach USD 4.9 Billion by 2028, at a CAGR of 6% during the forecast period 2022-2028.
Medical refrigerators are specifically designed to meet the stringent temperature requirements for safe vaccine storage. With a temperature range of 35°F to 46°F, this refrigerator can safely store various vaccines such as rotavirus, influenza and MMRV. This instrument has a microprocessor-based system that accurately measures temperature. It also uses digital sensors (eg resistance temperature detectors [RTDs, thermocouples, and thermistors)] to monitor the internal temperature.
Market Segments
Based on Product Type
- Blood Bank Refrigerator & Plasma Freezer
- Laboratory Refrigerator & Freezer
- Pharmacy Refrigerator & Freezer
- Chromatography Refrigerator & Freezer
- Enzyme Refrigerator & Freezer
- Ultra-Low-Temperature freezers
- Cryogenic Storage Systems
Based on End User
- Blood Banks
- Pharmaceutical Companies
- Hospital & Pharmacies
- Research Institutes
- Medical Labroratories
- Diagnostic Centre
Key Players
- Blue Star Limited
- Felix Storch Inc
- Follett LLC
- Helmer Scientific
- Haier Biomedical
- LEC Medical
- Philipp Kirsch GmbH
- PHC Holdings Corporation
- Thermo Fisher Scientific Inc.
- Vestfrost Solutions.
Scope of the Report
The research study analyzes the global Medical Refrigerators industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
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