North America Ultra Low Freezers Market - Industry Trends and Forecast to 2030

List of Tables

North America ultra low freezers market is expected to reach USD 355.04 million by 2030 from USD 316.20 million in 2022, growing at a CAGR of 5.2% during the forecast period of 2023 to 2030.

Market Segmentation

North America Ultra low freezers Market, By Type (Product and Freezer Part and Accessories), Technology (Semi-Automated Freezers and Automated Freezers), Degree of Cooling (-41°C To -86° C Freezers, -87°C To -150° C Freezers, and -10°C To -40° C Freezers), Insulated Material (Polyurethane Foam, Vacuum Panel, and Others), Application (Organs, Blood & Blood Products, Biological Samples, Drug Compounds, and Others), End-User (Hospitals, Bio-Banks, Clinics, Corporate Laboratories, Pharmaceuticals, Academic and Research Institutes, and Others), Distribution Channel (Direct Tenders, Retail Sales, and Third Party Distribution), Country (U.S., Canada, and Mexico) - Industry Trends and Forecast to 2030.

Overview of North America Ultra Low Freezers Market Dynamics

Driver
Increasing demand for biopharmaceuticals and vaccines
Restraint
Environmental concerns associated with ultra low freezers
Opportunity
Increasing demand for biopreservation and bio banking

Market Players

Some of the major market players operating in the North America ultra low freezers Market are:

VWR INTERNATIONAL, LLC.
ARCTIKO
B Medical Systems
Binder GmbH
Helmer Scientific Inc.
NuAire, Inc.
PHC Corporation
Thermo Fischer Scientific Inc.
Eppendorf SE
BioLife Solutions Inc.

1 INTRODUCTION 12

1.1 OBJECTIVES OF THE STUDY 12
1.2 MARKET DEFINITION 12
1.3 OVERVIEW OF THE NORTH AMERICA ULTRA LOW FREEZERS MARKET 12
1.4 LIMITATIONS 14
1.5 MARKETS COVERED 14

2 MARKET SEGMENTATION 16

2.1 MARKETS COVERED 16
2.2 GEOGRAPHICAL SCOPE 17
2.3 YEARS CONSIDERED FOR THE STUDY 17
2.4 CURRENCY AND PRICING 17
2.5 DBMR TRIPOD DATA VALIDATION MODEL 18
2.6 MULTIVARIATE MODELLING 21
2.7 PRODUCT SEGMENT LIFELINE CURVE 22
2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 23
2.9 DBMR MARKET POSITION GRID 24
2.10 MARKET APPLICATION COVERAGE GRID 25
2.11 VENDOR SHARE ANALYSIS 26
2.12 SECONDARY SOURCES 27
2.13 ASSUMPTIONS 27

3 EXECUTIVE SUMMARY 28

4 PREMIUM INSIGHTS 31

4.1 PESTAL 32
4.2 PORTER 5 FORCES 33

5 REGULATORY FRAMEWORK 34

6 MARKET OVERVIEW 35

6.1 DRIVERS 37
- 6.1.1 INCREASING DEMAND FOR BIOPHARMACEUTICALS AND VACCINES 37
- 6.1.2 RISING DEMAND FOR BLOOD AND BLOOD COMPONENTS 37
- 6.1.3 TECHNICAL ADVANCEMENTS IN ULTRA LOW FREEZER DESIGN 39
- 6.1.4 RISING R&D ACTIVITIES IN LIFE SCIENCES 40
6.2 RESTRAINTS 41
- 6.2.1 HIGH INSTALLATION AND OPERATIONAL COST OF ULTRA LOW FREEZERS 41
- 6.2.2 ENVIRONMENTAL CONCERNS ASSOCIATED WITH ULTRA LOW FREEZERS 42
6.3 OPPORTUNITIES 43
- 6.3.1 INCREASING DEMAND FOR BIOPRESERVATION AND BIOBANKING 43
- 6.3.2 INCREASING RESEARCH IN REGENERATIVE MEDICINE 44
6.4 CHALLENGES 45
- 6.4.1 TEMPERATURE VALIDATION AND CALIBRATION OF ULTRA LOW FREEZERS 45
- 6.4.2 DIFFICULTY IN MAINTENANCE AND REPAIRS OF ULTRA LOW FREEZERS 45

7 NORTH AMERICA ULTRA LOW FREEZERS MARKET, BY TYPE 47

7.1 OVERVIEW 48
7.2 PRODUCT 51
- 7.2.1 UPRIGHT ULTRA-LOW TEMPERATURE FREEZER 51
- 7.2.2 CHEST ULTRA-LOW TEMPERATURE FREEZER 51
- 7.2.3 BENCHTOP/UNDERCOUNTER ULTRA-LOW TEMPERATURE FREEZER 51
- 7.2.4 OTHERS 51
7.3 FREEZER PARTS AND ACCESSORIES 51

8 NORTH AMERICA ULTRA LOW FREEZERS MARKET, BY TECHNOLOGY 52

8.1 OVERVIEW 53
8.2 AUTOMATED FREEZERS 55
8.3 SEMI-AUTOMATED FREEZERS 55

9 NORTH AMERICA ULTRA LOW FREEZERS MARKET, BY DEGREE OF COOLING 56

9.1 OVERVIEW 57
9.2 -41°C TO -86° C FREEZERS 59
9.3 -87°C TO -150° C FREEZERS 59
9.4 -10°C TO -40° C FREEZERS 60

10 NORTH AMERICA ULTRA LOW FREEZERS MARKET, BY INSULATED MATERIAL 61

10.1 OVERVIEW 62
10.2 POLYURETHANE FOAM 64
10.3 VACUUM PANELS 64
10.4 OTHERS 65

11 NORTH AMERICA ULTRA LOW FREEZERS MARKET, BY APPLICATION 66

11.1 OVERVIEW 67
11.2 BLOOD & BLOOD PRODUCTS 69
11.3 BIOLOGICAL SAMPLES 69
11.4 DRUG COMPOUNDS 70
11.5 ORGANS 70
11.6 OTHERS 70

12 NORTH AMERICA ULTRA LOW FREEZERS MARKET, BY END USER 71

12.1 OVERVIEW 72
12.2 HOSPITALS 75
- 12.2.1 LONG-TERM CARE HOSPITALS 75
- 12.2.2 ACUTE CARE HOSPITALS 75
- 12.2.3 NURSING FACILITIES 75
- 12.2.4 REHABILITATION CENTERS 75
12.3 CORPORATE LABORATORIES 75
12.4 PHARMACEUTICALS COMPANIES 76
12.5 BIO-BANKS 76
12.6 CLINICS 76
12.7 ACADEMIC AND RESEARCH INSTITUTES 76
12.8 OTHERS 76

13 NORTH AMERICA ULTRA LOW FREEZERS MARKET, BY DISTRIBUTION CHANNEL 77

13.1 OVERVIEW 78
13.2 DIRECT TENDERS 80
13.3 RETAIL SALES 80
13.4 THIRD PARTY DISTRIBUTORS 81

14 GA NA 82

14.1 NORTH AMERICA 82
- 14.1.1 U.S. 85
- 14.1.2 CANADA 87
- 14.1.3 MEXICO 90

15 NORTH AMERICA ULTRA LOW FREEZER MARKET, COMPANY LANDSCAPE 93

15.1 COMPANY SHARE ANALYSIS: NORTH AMERICA 93

16 SWOT ANALYSIS 94

17 COMPANY PROFILES 95

17.1 PHC CORPORATION 95
- 17.1.1 COMPANY SNAPSHOT 95
- 17.1.2 REVENUE ANALYSIS 95
- 17.1.3 PRODUCT PORTFOLIO 96
- 17.1.4 RECENT DEVELOPMENT 96
17.2 THERMO FISHER SCIENTIFIC INC. 97
- 17.2.1 COMPANY SNAPSHOT 97
- 17.2.2 REVENUE ANALYSIS 97
- 17.2.3 PRODUCT PORTFOLIO 98
- 17.2.4 RECENT DEVELOPMENT 98
17.3 EPPENDORF SE 99
- 17.3.1 COMPANY SNAPSHOT 99
- 17.3.2 PRODUCT PORTFOLIO 99
- 17.3.3 RECENT DEVELOPMENT 100
17.4 BIOLIFE SOLUTIONS INC. 101
- 17.4.1 COMPANY SNAPSHOT 101
- 17.4.2 REVENUE ANALYSIS 101
- 17.4.3 PRODUCT PORTFOLIO 102
- 17.4.4 RECENT DEVELOPMENTS 102
17.5 VWR INTERNATIONAL, LLC. 103
- 17.5.1 COMPANY SNAPSHOT 103
- 17.5.2 PRODUCT PORTFOLIO 103
- 17.5.3 RECENT DEVELOPMENT 103
17.6 ARCTIKO 104
- 17.6.1 COMPANY SNAPSHOT 104
- 17.6.2 PRODUCT PORTFOLIO 104
- 17.6.3 RECENT DEVELOPMENT 104
17.7 B MEDICAL SYSTEMS 105
- 17.7.1 COMPANY SNAPSHOT 105
- 17.7.2 PRODUCT PORTFOLIO 105
- 17.7.3 RECENT DEVELOPMENT 106
17.8 BINDER GMBH 107
- 17.8.1 COMPANY SNAPSHOT 107
- 17.8.2 PRODUCT PORTFOLIO 107
- 17.8.3 RECENT DEVELOPMENT 108
17.9 ESCO MICRO PTE. LTD. 109
- 17.9.1 COMPANY SNAPSHOT 109
- 17.9.2 PRODUCT PORTFOLIO 109
- 17.9.3 RECENT DEVELOPMENT 109
17.10 HELMER SCIENTIFIC INC. 110
- 17.10.1 COMPANY SNAPSHOT 110
- 17.10.2 PRODUCT PORTFOLIO 110
- 17.10.3 RECENT DEVELOPMENTS 111
17.11 NUAIRE, INC. 112
- 17.11.1 COMPANY SNAPSHOT 112
- 17.11.2 PRODUCT PORTFOLIO 112
- 17.11.3 RECENT DEVELOPMENT 113
17.12 TELSTAR 114
- 17.12.1 COMPANY SNAPSHOT 114
- 17.12.2 PRODUCT PORTFOLIO 114
- 17.12.3 RECENT DEVELOPMENT 114

18 QUESTIONNAIRE 115

19 RELATED REPORTS 118

LIST OF TABLES

TABLE 1 NORTH AMERICA ULTRA LOW FREEZERS MARKET, BY TYPE, 2021-2030 (USD MILLION) 50
TABLE 2 NORTH AMERICA PRODUCT IN ULTRA LOW FREEZERS MARKET, BY TYPE, 2021-2030 (USD MILLION) 51
TABLE 3 NORTH AMERICA ULTRA LOW FREEZERS MARKET, BY TECHNOLOGY, 2021-2030 (USD MILLION) 55
TABLE 4 NORTH AMERICA ULTRA LOW FREEZERS MARKET, BY DEGREE OF COOLING, 2021-2030 (USD MILLION) 59
TABLE 5 NORTH AMERICA ULTRA LOW FREEZERS MARKET, BY INSULATED MATERIAL, 2021-2030 (USD MILLION) 64
TABLE 6 NORTH AMERICA ULTRA LOW FREEZERS MARKET, BY APPLICATION, 2021-2030 (USD MILLION) 69
TABLE 7 NORTH AMERICA ULTRA LOW FREEZERS MARKET, BY END-USER, 2021-2030 (USD MILLION) 74
TABLE 8 NORTH AMERICA HOSPITALS IN ULTRA LOW FREEZERS MARKET, BY PRODUCT, 2021-2030 (USD MILLION) 75
TABLE 9 NORTH AMERICA ULTRA LOW FREEZERS MARKET, BY DISTRIBUTION CHANNEL, 2021-2030 (USD MILLION) 80
TABLE 10 NORTH AMERICA ULTRA LOW FREEZERS MARKET, BY COUNTRY, 2021-2030 (USD MILLION) 84
TABLE 11 U.S. ULTRA LOW FREEZERS MARKET, BY TYPE, 2021-2030 (USD MILLION) 85
TABLE 12 U.S. PRODUCT IN ULTRA LOW FREEZERS MARKET, BY TYPE, 2021-2030 (USD MILLION) 85
TABLE 13 U.S. ULTRA LOW FREEZERS MARKET, BY TECHNOLOGY, 2021-2030 (USD MILLION) 85
TABLE 14 U.S. ULTRA LOW FREEZERS MARKET, BY DEGREE OF COOLING, 2021-2030 (USD MILLION) 85
TABLE 15 U.S. ULTRA LOW FREEZERS MARKET, BY INSULATED MATERIAL, 2021-2030 (USD MILLION) 85
TABLE 16 U.S. ULTRA LOW FREEZERS MARKET, BY APPLICATION, 2021-2030 (USD MILLION) 86
TABLE 17 U.S. ULTRA LOW FREEZERS MARKET, BY END USER, 2021-2030 (USD MILLION) 86
TABLE 18 U.S. HOSPITALS IN ULTRA LOW FREEZERS MARKET, BY TYPE, 2021-2030 (USD MILLION) 86
TABLE 19 U.S. ULTRA LOW FREEZERS MARKET, BY DISTRIBUTION CHANNEL, 2021-2030 (USD MILLION) 86
TABLE 20 CANADA ULTRA LOW FREEZERS MARKET, BY TYPE, 2021-2030 (USD MILLION) 87
TABLE 21 CANADA PRODUCT IN ULTRA LOW FREEZERS MARKET, BY TYPE, 2021-2030 (USD MILLION) 87
TABLE 22 CANADA ULTRA LOW FREEZERS MARKET, BY TECHNOLOGY, 2021-2030 (USD MILLION) 87
TABLE 23 CANADA ULTRA LOW FREEZERS MARKET, BY DEGREE OF COOLING, 2021-2030 (USD MILLION) 87
TABLE 24 CANADA ULTRA LOW FREEZERS MARKET, BY INSULATED MATERIAL, 2021-2030 (USD MILLION) 88
TABLE 25 CANADA ULTRA LOW FREEZERS MARKET, BY APPLICATION, 2021-2030 (USD MILLION) 88
TABLE 26 CANADA ULTRA LOW FREEZERS MARKET, BY END USER, 2021-2030 (USD MILLION) 88
TABLE 27 CANADA HOSPITALS IN ULTRA LOW FREEZERS MARKET, BY TYPE, 2021-2030 (USD MILLION) 88
TABLE 28 CANADA ULTRA LOW FREEZERS MARKET, BY DISTRIBUTION CHANNEL, 2021-2030 (USD MILLION) 89
TABLE 29 MEXICO ULTRA LOW FREEZERS MARKET, BY TYPE, 2021-2030 (USD MILLION) 90
TABLE 30 MEXICO PRODUCT IN ULTRA LOW FREEZERS MARKET, BY TYPE, 2021-2030 (USD MILLION) 90
TABLE 31 MEXICO ULTRA LOW FREEZERS MARKET, BY TECHNOLOGY, 2021-2030 (USD MILLION) 90
TABLE 32 MEXICO ULTRA LOW FREEZERS MARKET, BY DEGREE OF COOLING, 2021-2030 (USD MILLION) 90
TABLE 33 MEXICO ULTRA LOW FREEZERS MARKET, BY INSULATED MATERIAL, 2021-2030 (USD MILLION) 91
TABLE 34 MEXICO ULTRA LOW FREEZERS MARKET, BY APPLICATION, 2021-2030 (USD MILLION) 91
TABLE 35 MEXICO ULTRA LOW FREEZERS MARKET, BY END USER, 2021-2030 (USD MILLION) 91
TABLE 36 MEXICO HOSPITALS IN ULTRA LOW FREEZERS MARKET, BY TYPE, 2021-2030 (USD MILLION) 91
TABLE 37 MEXICO ULTRA LOW FREEZERS MARKET, BY DISTRIBUTION CHANNEL, 2021-2030 (USD MILLION) 92

LIST OF FIGURES

FIGURE 1 NORTH AMERICA ULTRA LOW FREEZERS MARKET: SEGMENTATION 16
FIGURE 2 NORTH AMERICA ULTRA LOW FREEZERS MARKET: DATA TRIANGULATION 18
FIGURE 3 NORTH AMERICA ULTRA LOW FREEZERS MARKET: DROC ANALYSIS 19
FIGURE 4 NORTH AMERICA ULTRA LOW FREEZERS MARKET: REGIONAL VS COUNTRY MARKET ANALYSIS 20
FIGURE 5 NORTH AMERICA ULTRA LOW FREEZERS MARKET: COMPANY RESEARCH ANALYSIS 20
FIGURE 6 NORTH AMERICA ULTRA LOW FREEZERS MARKET: INTERVIEW DEMOGRAPHICS 23
FIGURE 7 NORTH AMERICA ULTRA LOW FREEZERS MARKET: DBMR MARKET POSITION GRID 24
FIGURE 8 NORTH AMERICA ULTRA LOW FREEZERS MARKET: MARKET APPLICATION COVERAGE GRID 25
FIGURE 9 NORTH AMERICA ULTRA LOW FREEZERS MARKET: VENDOR SHARE ANALYSIS 26
FIGURE 10 NORTH AMERICA ULTRA LOW FREEZERS MARKET: SEGMENTATION 30
FIGURE 11 THE HIGH ADOPTION OF TECHNOLOGICALLY ADVANCED ULTRA-LOW TEMPERATURE FREEZERS IS EXPECTED TO DRIVE THE GROWTH OF THE NORTH AMERICA ULTRA LOW FREEZERS MARKET IN THE FORECAST PERIOD 31
FIGURE 12 THE PRODUCTS SEGMENT IS EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE NORTH AMERICA ULTRA LOW FREEZERS MARKET IN 2023 AND 2030 31
FIGURE 13 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF THE NORTH AMERICA ULTRA LOW FREEZERS MARKET 36
FIGURE 14 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY TYPE, 2022 48
FIGURE 15 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY TYPE, 2023-2030 (USD MILLION) 49
FIGURE 16 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY TYPE, CAGR (2023-2030) 49
FIGURE 17 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY TYPE, LIFELINE CURVE 50
FIGURE 18 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY TECHNOLOGY, 2022 53
FIGURE 19 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY TECHNOLOGY, 2023-2030 (USD MILLION) 54
FIGURE 20 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY TECHNOLOGY, CAGR (2023-2030) 54
FIGURE 21 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY TECHNOLOGY, LIFELINE CURVE 55
FIGURE 22 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY DEGREE OF COOLING, 2022 57
FIGURE 23 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY DEGREE OF COOLING, 2023-2030 (USD MILLION) 58
FIGURE 24 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY DEGREE OF COOLING, CAGR (2023-2030) 58
FIGURE 25 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY DEGREE OF COOLING, LIFELINE CURVE 59
FIGURE 26 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY INSULATED MATERIAL, 2022 62
FIGURE 27 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY INSULATED MATERIAL, 2023-2030 (USD MILLION) 63
FIGURE 28 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY INSULATED MATERIAL, CAGR (2023-2030) 63
FIGURE 29 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY INSULATED MATERIAL, LIFELINE CURVE 64
FIGURE 30 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY APPLICATION, 2022 67
FIGURE 31 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY APPLICATION, 2023-2030 (USD MILLION) 68
FIGURE 32 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY APPLICATION, CAGR (2023-2030) 68
FIGURE 33 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY APPLICATION, LIFELINE CURVE 69
FIGURE 34 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY END USER, 2022 72
FIGURE 35 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY END USER, 2023-2030 (USD MILLION) 73
FIGURE 36 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY END USER, CAGR (2023-2030) 73
FIGURE 37 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY END USER LIFELINE CURVE 74
FIGURE 38 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY DISTRIBUTION CHANNEL, 2022 78
FIGURE 39 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY DISTRIBUTION CHANNEL, 2023-2030 (USD MILLION) 79
FIGURE 40 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY DISTRIBUTION CHANNEL, CAGR (2023-2030) 79
FIGURE 41 NORTH AMERICA ULTRA LOW FREEZERS MARKET: BY DISTRIBUTION CHANNEL LIFELINE CURVE 80
FIGURE 42 NORTH AMERICA ULTRA LOW FREEZERS MARKET: SNAPSHOT (2022) 82
FIGURE 43 NORTH AMERICA ULTRA LOW FREEZER MARKET: COMPANY SHARE 2022 (%) 93