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Market Research Report
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979126

Europe Medical and Lab Refrigerator Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type ; End User, and Geography

Published: | The Insight Partners | 103 Pages | Delivery time: 1-2 business days

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Europe Medical and Lab Refrigerator Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type ; End User, and Geography
Published: November 11, 2020
The Insight Partners
Content info: 103 Pages
Delivery time: 1-2 business days
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  • Description
  • Table of Contents
Description

The Europe medical and lab refrigerator market is expected to reach US$ 907.31 million by 2027 from US$ 672.80 million in 2019; it is estimated to grow at a CAGR of 3.8% from 2020 to 2027.

Technological advancements in medical-grade refrigerators are one of the key factors driving the growth of the European medical and lab refrigerator market. The European Commission's Medical Device Directive has established certain regulations and requirements for biomedical refrigerators to ensure effective storage of blood and its components. Pharmaceutical is one of the high-tech industries in Europe. According to the estimates of the European Federation of Pharmaceutical Industries and Associations (EFPIA), the European pharmaceutical industry manufactured ~US$ 282 billion of medicines in 2018. In the same year, the industry invested ~US$ 40,000 million in R&D, which signifies the extensive use of laboratories and medical refrigerators. The rising adoption of medical-grade refrigerators by the pharmaceutical companies and research laboratories engaged in the drug discovery process, and technological advancements in these refrigerators drive the growth of the Europe medical and lab refrigerator market. Moreover, the government support for the development of innovative products is anticipated to accelerate the market growth in the coming years.

Based on product type, the Europe medical and lab refrigerator market is segmented into the blood bank refrigerators, laboratory refrigerators, pharmacy refrigerators, enzyme refrigerators, and others. Every facility has specific requirements for the refrigeration process. For instance, the requirements of research laboratories may include holding vital biological samples at a balanced temperature. In contrast, certain health clinics may need simple freezers to keep ice packs.

Based on end use, the Europe medical and lab refrigerator market is segmented into blood banks, pharmaceutical companies, hospitals and pharmacies, research institutes, and others. By country, Europe medical and lab refrigerator market is segmented into Germany, France, Italy, the UK, Russia, and the Rest of Europe.

Reasons to Buy:

To understand the Europe Medical and Lab Refrigerator market landscape and identify market segments that are most likely to guarantee a strong return

Stay ahead of the race by comprehending the ever-changing competitive landscape for the Europe Medical and Lab Refrigerator market

Efficiently plan M&A and partnership deals in the Europe Medical and Lab Refrigerator market by identifying market segments with the most promising probable sales

Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form the Europe Medical and Lab Refrigerator market

Obtain market revenue forecast for market by various segments from 2019 to 2027 in the region

Table of Contents
Product Code: TIPRE00016228

Table Of Contents

1. Introduction

  • 1.1 Study Scope
  • 1.2 The Insight Partners Research Report Guidance
  • 1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

  • 3.1 Coverage
  • 3.2 Secondary Research
  • 3.3 Primary Research

4. Medical and Lab Refrigerator Market Landscape

  • 4.1 Market Overview
    • 4.1.1 Europe
  • 4.2 Ecosystem Analysis
  • 4.3 Expert Opinion

5. Medical and Lab Refrigerator Market - Key Market Dynamics

  • 5.1 Market Drivers
    • 5.1.1 Growing Demand for Blood Storage Centers and Blood Banks
    • 5.1.2 Increasing Number of Accidents, Surgery Interventions, and others
  • 5.2 Market Restraints
    • 5.2.1 Increasing Preference for Refurbished Equipment
  • 5.3 Market Opportunities
    • 5.3.1 Increasing Research & Development Investments in Medical Science by Government Organizations
  • 5.4 Future Trends
    • 5.4.1 Technological Advancements in Medical Refrigerators
  • 5.5 Impact Analysis of Drivers and Restraints

6. Medical and Lab Refrigerator Market Analysis - By Product Type

  • 6.1 Overview
  • 6.2 Medical and Lab Refrigerator Market, By Product Type (2019 and 2027)
  • 6.3 Blood Bank Refrigerators
    • 6.3.1 Overview
    • 6.3.2 Blood Bank Refrigerators: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • 6.4 Laboratory Refrigerators
    • 6.4.1 Overview
    • 6.4.2 Laboratory Refrigerators: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • 6.5 Pharmacy Refrigerators
    • 6.5.1 Overview
    • 6.5.2 Pharmacy Refrigerators: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • 6.6 Enzyme Refrigerators
    • 6.6.1 Overview
    • 6.6.2 Enzyme Refrigerators: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • 6.7 Others
    • 6.7.1 Overview
    • 6.7.2 Others: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)

7. Medical and Lab Refrigerator Market Analysis - By End-user

  • 7.1 Overview
  • 7.2 Medical and Lab Refrigerator Market, By End-user (2019 and 2027)
  • 7.3 Blood Bank
    • 7.3.1 Overview
    • 7.3.2 Blood Bank: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • 7.4 Pharmaceutical Companies
    • 7.4.1 Overview
    • 7.4.2 Pharmaceutical Companies: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • 7.5 Hospitals and Pharmacies
    • 7.5.1 Overview
    • 7.5.2 Hospitals and Pharmacies: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • 7.6 Research Institutes
    • 7.6.1 Overview
    • 7.6.2 Research Institutes: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • 7.7 Others
    • 7.7.1 Overview
    • 7.7.2 Others: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)

8. Medical and Lab Refrigerator Market - Geographic Analysis

  • 8.1 Europe: Medical and Lab Refrigerator Market
    • 8.1.1 Europe: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
    • 8.1.2 Europe: Medical and Lab Refrigerator Market, by Product Type
    • 8.1.3 Europe: Medical and Lab Refrigerator Market, by End-user
    • 8.1.4 Europe: Medical and Lab Refrigerator Market, by Key Country
      • 8.1.4.1 UK: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
        • 8.1.4.1.1 UK: Medical and Lab Refrigerator Market, by Product Type
        • 8.1.4.1.2 UK: Medical and Lab Refrigerator Market, by End-user
      • 8.1.4.2 Germany: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
        • 8.1.4.2.1 Germany: Medical and Lab Refrigerator Market, by Product Type
        • 8.1.4.2.2 Germany: Medical and Lab Refrigerator Market, by End-user
      • 8.1.4.3 France: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
        • 8.1.4.3.1 France: Medical and Lab Refrigerator Market, by Product Type
        • 8.1.4.3.2 France: Medical and Lab Refrigerator Market, by End-user
      • 8.1.4.4 Italy: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
        • 8.1.4.4.1 Italy: Medical and Lab Refrigerator Market, by Product Type
        • 8.1.4.4.2 Italy: Medical and Lab Refrigerator Market, by End-user
      • 8.1.4.5 Russia: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
        • 8.1.4.5.1 Russia: Medical and Lab Refrigerator Market, by Product Type
        • 8.1.4.5.2 Russia: Medical and Lab Refrigerator Market, by End-user
      • 8.1.4.6 Rest of Europe: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
        • 8.1.4.6.1 Rest of Europe: Medical and Lab Refrigerator Market, by Product Type
        • 8.1.4.6.2 Rest of Europe: Medical and Lab Refrigerator Market, by End-user
  • 8.2 Europe: Impact Assessment of COVID-19 Pandemic

9. Industry Landscape

  • 9.1 Overview
  • 9.2 Market Initiative
  • 9.3 New Product Development
  • 9.4 Merger and Acquisition

10. Key Company Profiles

  • 10.1 ZhongkeMeiling Cryogenics Company Limited
    • 10.1.1 Key Facts
    • 10.1.2 Business Description
    • 10.1.3 Products and Services
    • 10.1.4 Financial Overview
    • 10.1.5 SWOT Analysis
    • 10.1.6 Key Developments
  • 10.2 Felix Storch, Inc.
    • 10.2.1 Key Facts
    • 10.2.2 Business Description
    • 10.2.3 Products and Services
    • 10.2.4 Financial Overview
    • 10.2.5 SWOT Analysis
    • 10.2.6 Key Developments
  • 10.3 Follett LLC
    • 10.3.1 Key Facts
    • 10.3.2 Business Description
    • 10.3.3 Products and Services
    • 10.3.4 Financial Overview
    • 10.3.5 SWOT Analysis
    • 10.3.6 Key Developments
  • 10.4 Helmer Scientific Inc.
    • 10.4.1 Key Facts
    • 10.4.2 Business Description
    • 10.4.3 Products and Services
    • 10.4.4 Financial Overview
    • 10.4.5 SWOT Analysis
    • 10.4.6 Key Developments
  • 10.5 Haier Biomedical
    • 10.5.1 Key Facts
    • 10.5.2 Business Description
    • 10.5.3 Products and Services
    • 10.5.4 Financial Overview
    • 10.5.5 WOT Analysis
    • 10.5.6 Key Developments
  • 10.6 Lec Medical
    • 10.6.1 Key Facts
    • 10.6.2 Business Description
    • 10.6.3 Products and Services
    • 10.6.4 Financial Overview
    • 10.6.5 SWOT Analysis
    • 10.6.6 Key Developments
  • 10.7 Philipp Kirsch GmbH
    • 10.7.1 Key Facts
    • 10.7.2 Business Description
    • 10.7.3 Products and Services
    • 10.7.4 Financial Overview
    • 10.7.5 SWOT Analysis
    • 10.7.6 Key Developments
  • 10.8 Thermo Fisher Scientific Inc.
    • 10.8.1 Key Facts
    • 10.8.2 Business Description
    • 10.8.3 Products and Services
    • 10.8.4 Financial Overview
    • 10.8.5 SWOT Analysis
    • 10.8.6 Key Developments
  • 10.9 Vestfrost Solutions
    • 10.9.1 Key Facts
    • 10.9.2 Business Description
    • 10.9.3 Products and Services
    • 10.9.4 Financial Overview
    • 10.9.5 SWOT Analysis
    • 10.9.6 Key Developments
  • 10.10 Blue Star Limited
    • 10.10.1 Key Facts
    • 10.10.2 Business Description
    • 10.10.3 Products and Services
    • 10.10.4 Financial Overview
    • 10.10.5 SWOT Analysis
    • 10.10.6 Key Developments

11. Appendix

  • 11.1 About The Insight Partners
  • 11.2 Word Index

List Of Tables

  • Table 1. Europe: Medical and Lab Refrigerator Market, by Product Type - Revenue and Forecast to 2027 (US$ Million)
  • Table 2. Europe: Medical and Lab Refrigerator Market, by Product Type - Revenue and Forecast to 2027 (US$ Million)
  • Table 3. UK: Medical and Lab Refrigerator Market, by Product Type -Revenue and Forecast to 2027 (US$ Million)
  • Table 4. UK: Medical and Lab Refrigerator Market, by End-user -Revenue and Forecast to 2027 (US$ Million)
  • Table 5. Germany: Medical and Lab Refrigerator Market, by Product Type -Revenue and Forecast to 2027 (US$ Million)
  • Table 6. Germany: Medical and Lab Refrigerator Market, by End-user -Revenue and Forecast to 2027 (US$ Million)
  • Table 7. France: Medical and Lab Refrigerator Market, by Product Type -Revenue and Forecast to 2027 (US$ Million)
  • Table 8. France: Medical and Lab Refrigerator Market, by End-user -Revenue and Forecast to 2027 (US$ Million)
  • Table 9. Italy: Medical and Lab Refrigerator Market, by Product Type -Revenue and Forecast to 2027 (US$ Million)
  • Table 10. Italy: Medical and Lab Refrigerator Market, by End-user -Revenue and Forecast to 2027 (US$ Million)
  • Table 11. Russia: Medical and Lab Refrigerator Market, by Product Type -Revenue and Forecast to 2027 (US$ Million)
  • Table 12. Russia: Medical and Lab Refrigerator Market, by End-user -Revenue and Forecast to 2027 (US$ Million)
  • Table 13. Rest of Europe: Medical and Lab Refrigerator Market, by Product Type -Revenue and Forecast to 2027 (US$ Million)
  • Table 14. Rest of Europe: Medical and Lab Refrigerator Market, by End-user -Revenue and Forecast to 2027 (US$ Million)
  • Table 15. List of Abbreviation

List Of Figures

  • Figure 1. Medical and Lab Refrigerator Market Segmentation
  • Figure 2. Medical and Lab Refrigerator Market Segmentation - By Geography
  • Figure 3. Europe Medical and Lab Refrigerator Market Overview
  • Figure 4. Europe Medical and Lab Refrigerator Market - Strategy Analysis
  • Figure 5. Europe Medical and Lab Refrigerator Market - Product Type Analysis
  • Figure 6. Europe Medical and Lab Refrigerator Market - End-user Analysis
  • Figure 7. Europe - PEST Analysis
  • Figure 8. Medical and Lab Refrigerator Market - Ecosystem Analysis
  • Figure 9. Expert Opinion
  • Figure 10. Medical and Lab Refrigerator Market Impact Analysis of Drivers and Restraints
  • Figure 11. Medical and Lab Refrigerator Market Revenue Share, by Product Type (2019 and 2027)
  • Figure 12. Blood Bank Refrigerators: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 13. Laboratory Refrigerators: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 14. Pharmacy Refrigerators: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 15. Enzyme Refrigerators: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 16. Others: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 17. Medical and Lab Refrigerator Market Revenue Share, by End-user (2019 and 2027)
  • Figure 18. Blood Bank: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 19. Pharmaceutical Companies: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 20. Hospitals and Pharmacies: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 21. Research Institutes: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 22. Others: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 23. Europe: Medical and Lab Refrigerator Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 24. Europe: Medical and Lab Refrigerator Market Revenue Share, by Product Type (2019 and 2027)
  • Figure 25. Europe: Medical and Lab Refrigerator Market Revenue Share, by End-user (2019 and 2027)
  • Figure 26. Europe: Medical and Lab Refrigerator Market Revenue Share, by Key Country (2019 and 2027)
  • Figure 27. UK: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 28. Germany: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 29. France: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 30. Italy: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 31. Russia: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 32. Rest of Europe: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 33. Impact of COVID-19 Pandemic in European Markets