Laboratory Freezers Market by Product, End User

List of Tables

[186 Pages Report] The Laboratory Freezers Market size was estimated at USD 7.49 billion in 2023 and expected to reach USD 7.92 billion in 2024, at a CAGR 5.48% to reach USD 10.89 billion by 2030.

Global Laboratory Freezers Market

KEY MARKET STATISTICS
Base Year [2023]	USD 7.49 billion
Estimated Year [2024]	USD 7.92 billion
Forecast Year [2030]	USD 10.89 billion
CAGR (%)	5.48%

Laboratory freezers are specialized refrigeration units designed in scientific and research settings. These freezers are crucial for preserving various biological samples, reagents, and other temperature-sensitive materials commonly used in laboratories, medical facilities, and research institutions. Laboratory freezers are designed to maintain specific temperature ranges, ensuring the integrity and stability of stored samples. There are different types of laboratory freezers, each catering to specific storage needs. Advancements in biomedical research, the need for longer preservation of biological samples, the growth of customized medicine, and the expansion of healthcare services worldwide are fueling the market's growth. However, the high cost of laboratory freezers and the absence of awareness of the utility of technical lab freezers and refrigerators hamper the market growth. Market growth is further propelled by technological advancements that offer improved energy efficiency, sustainability, and intelligent monitoring systems.

Regional Insights

The Americas has a significant landscape in the laboratory freezers market, attributed mainly to the strong presence of research institutions, pharmaceutical companies, and hospitals. The countries in the region lead this market due to their advanced healthcare infrastructure, substantial investments in medical research, and the presence of leading manufacturers of laboratory freezers. The regional market also contributes with steady growth, supported by government funding for research and healthcare infrastructure. Europe also has a developed global laboratory freezer market landscape, with numerous pharmaceutical and biotechnological companies and strong government support for research and development activities. Additionally, stringent regulations regarding storing and handling biological samples have augmented the demand for specialized refrigeration solutions. In the Middle East and Africa, an increase in healthcare facilities and a spark in research activities are emerging factors that can potentially accelerate market growth. Additionally, the growing focus on healthcare compliance and regulation in these regions lead to a more structured market in the future. The Asia-Pacific region is witnessing an instantaneous shift in the laboratory freezers market. Increasing healthcare expenditure, the growing biopharmaceutical sector, and the rising number of research and diagnostic laboratories drive this growth. Countries in the region are at the forefront, with expanding medical tourism and a rising middle class contributing to the increased demand for healthcare services, including proper storage units such as laboratory freezers.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Laboratory Freezers Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Laboratory Freezers Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Laboratory Freezers Market, highlighting leading vendors and their innovative profiles. These include Antylia Scientific, ARCTIKO A/S, Avantor, Inc., B Medical Systems by Azenta Life Sciences, BioLife Solutions, Inc., Blue Star Limited, Eppendorf AG, EVERmed S.R.L., Felix Storch, Inc., Glen Dimplex Medical Appliances, Haier Biomedical, Helmer Scientific Inc., JEIO TECH, KW Apparecchi Scientifici SRL, Liebherr-Hausgerate GmbH, Middleby Corporation, PHC Corporation, Philipp Kirsch GmbH, Refrigerated Solutions Group, So-Low Environmental Equipment Co. Ltd., Standex International Corporation, Stericox India Private Limited, Thalheimer Kuhlung, Thermo Fisher Scientific, Inc., Vestfrost Solutions A/S, and Zhongke Meiling Cryogenics Co., Ltd..

Market Segmentation & Coverage

This research report categorizes the Laboratory Freezers Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- Cryopreservation
- Freezers
  - Enzyme Freezers
  - Explosion-Proof Freezers
  - Flammable Material Freezers
  - Plasma Freezers
  - Shock Freezers
  - Ultra-Low Temperature Freezer
  - Undergraduate Laboratory Freezer
- Refrigerator
  - Blood Bank Refrigerators
  - Chromatography Refrigerators
  - Explosion-Proof Refrigerators
  - Flammable Material Refrigerators
  - Pharmacy Undergraduate Refrigerators
End User
- Academic & Research Institutes
- Blood Banks
- Pharmaceutical & Biotechnology Companies
Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam
- Europe, Middle East & Africa
  - Denmark
  - Egypt
  - Finland
  - France
  - Germany
  - Israel
  - Italy
  - Netherlands
  - Nigeria
  - Norway
  - Poland
  - Qatar
  - Russia
  - Saudi Arabia
  - South Africa
  - Spain
  - Sweden
  - Switzerland
  - Turkey
  - United Arab Emirates
  - United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.

2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.

3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.

4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.

5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Laboratory Freezers Market?

2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Laboratory Freezers Market?

3. What are the technology trends and regulatory frameworks in the Laboratory Freezers Market?

4. What is the market share of the leading vendors in the Laboratory Freezers Market?

5. Which modes and strategic moves are suitable for entering the Laboratory Freezers Market?

Product Code: MRR-5012464359D9

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Laboratory Freezers Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing number of organ transplant procedures
  - 5.1.1.2. Rising vaccine development activities for emerging infectious diseases
  - 5.1.1.3. Surge in demand for blood components for transfusion and cancer therapy
- 5.1.2. Restraints
  - 5.1.2.1. High cost associated with laboratory freezers and issues regarding temperature stability
- 5.1.3. Opportunities
  - 5.1.3.1. Technological advancements in laboratory freezers and refrigerators
  - 5.1.3.2. Rising government initiatives and support for research and clinical trial activities
- 5.1.4. Challenges
  - 5.1.4.1. Lack of awareness regarding the utility of specialized lab freezers and refrigerators
5.2. Market Segmentation Analysis
- 5.2.1. Product: Potential utilization of flammable material freezers to minimize the risk of ignition
- 5.2.2. End User: Significant utilization of laboratory freezers in pharmaceutical & biotechnology companies to store critical biological materials
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Laboratory Freezers Market, by Product

6.1. Introduction
6.2. Cryopreservation
6.3. Freezers
- 6.4.1. Enzyme Freezers
- 6.4.2. Explosion-Proof Freezers
- 6.4.3. Flammable Material Freezers
- 6.4.4. Plasma Freezers
- 6.4.5. Shock Freezers
- 6.4.6. Ultra-Low Temperature Freezer
- 6.4.7. Undergraduate Laboratory Freezer
6.4. Refrigerator
- 6.5.1. Blood Bank Refrigerators
- 6.5.2. Chromatography Refrigerators
- 6.5.3. Explosion-Proof Refrigerators
- 6.5.4. Flammable Material Refrigerators
- 6.5.5. Pharmacy Undergraduate Refrigerators

7. Laboratory Freezers Market, by End User

7.1. Introduction
7.2. Academic & Research Institutes
7.3. Blood Banks
7.4. Pharmaceutical & Biotechnology Companies

8. Americas Laboratory Freezers Market

8.1. Introduction
8.2. Argentina
8.3. Brazil
8.4. Canada
8.5. Mexico
8.6. United States

9. Asia-Pacific Laboratory Freezers Market

9.1. Introduction
9.2. Australia
9.3. China
9.4. India
9.5. Indonesia
9.6. Japan
9.7. Malaysia
9.8. Philippines
9.9. Singapore
9.10. South Korea
9.11. Taiwan
9.12. Thailand
9.13. Vietnam

10. Europe, Middle East & Africa Laboratory Freezers Market

10.1. Introduction
10.2. Denmark
10.3. Egypt
10.4. Finland
10.5. France
10.6. Germany
10.7. Israel
10.8. Italy
10.9. Netherlands
10.10. Nigeria
10.11. Norway
10.12. Poland
10.13. Qatar
10.14. Russia
10.15. Saudi Arabia
10.16. South Africa
10.17. Spain
10.18. Sweden
10.19. Switzerland
10.20. Turkey
10.21. United Arab Emirates
10.22. United Kingdom

11. Competitive Landscape

11.1. FPNV Positioning Matrix
11.2. Market Share Analysis, By Key Player
11.3. Competitive Scenario Analysis, By Key Player
- 11.3.1. Merger & Acquisition
  - 11.3.1.1. Helmer Scientific now Part of Trane Technologies
- 11.3.2. New Product Launch & Enhancement
  - 11.3.2.1. Thermo Fisher Scientific Introduces New Range of Laboratory Cold Storage Solutions for Critical Samples
  - 11.3.2.2. Amerigo Scientific Launches Ultra Low Temperature Freezers (-40°C to -86°C) for Lab Sample Storage

12. Competitive Portfolio

12.1. Key Company Profiles
- 12.1.1. Antylia Scientific
- 12.1.2. ARCTIKO A/S
- 12.1.3. Avantor, Inc.
- 12.1.4. B Medical Systems by Azenta Life Sciences
- 12.1.5. BioLife Solutions, Inc.
- 12.1.6. Blue Star Limited
- 12.1.7. Eppendorf AG
- 12.1.8. EVERmed S.R.L.
- 12.1.9. Felix Storch, Inc.
- 12.1.10. Glen Dimplex Medical Appliances
- 12.1.11. Haier Biomedical
- 12.1.12. Helmer Scientific Inc.
- 12.1.13. JEIO TECH
- 12.1.14. KW Apparecchi Scientifici SRL
- 12.1.15. Liebherr-Hausgerate GmbH
- 12.1.16. Middleby Corporation
- 12.1.17. PHC Corporation
- 12.1.18. Philipp Kirsch GmbH
- 12.1.19. Refrigerated Solutions Group
- 12.1.20. So-Low Environmental Equipment Co. Ltd.
- 12.1.21. Standex International Corporation
- 12.1.22. Stericox India Private Limited
- 12.1.23. Thalheimer Kuhlung
- 12.1.24. Thermo Fisher Scientific, Inc.
- 12.1.25. Vestfrost Solutions A/S
- 12.1.26. Zhongke Meiling Cryogenics Co., Ltd.
12.2. Key Product Portfolio

13. Appendix

13.1. Discussion Guide
13.2. License & Pricing