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Market Research Report
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979167

North America 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 | 98 Pages | Delivery time: 1-2 business days

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North America 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: 98 Pages
Delivery time: 1-2 business days
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  • Description
  • Table of Contents
Description

The North America Medical and Lab Refrigerator market is expected to reach US$ 647.19 million in 2027 from US$ 497.92 million in 2019; it is estimated to grow at a CAGR of 3.3% from 2020 to 2027

The US market for medical and lab refrigerators is highly propelled by increasing investments in research activities for the treatment of diseases, rising occurrence of infectious and chronic diseases, as well as the replacement of older refrigerators with more advanced energy-efficient refrigerators.

Complete adoption of medical-grade refrigeration remains to be a precedence for hospitals and pharmacists. In addition, keeping regulatory compliance for temperature-sensitive medications and vaccines, as well as safeguarding patient safety, normally drives the investment decision in medical-grade refrigeration.

Agencies such as State Departments of Health, CDC, State Boards of Pharmacy, and Joint Commission, among others, include refrigeration in the course of inspections and audits. It signifies that hospitals, laboratories, and pharmacists should take refrigerator performance into consideration as an important aspect.

Based on product type, the blood bank refrigerators, laboratory refrigerators, pharmacy refrigerators, enzyme refrigerators, others. Every facility has specific requirements when it comes to freezing and refrigeration. For instance, research laboratories may require holding vital biological samples at a balanced temperature or risk cooperating with a timely study. In contrast, certain health clinics may need simple freezers to keep ice packs.

Based on end use, the market is segmented into blood banks, pharmaceutical companies, hospitals and pharmacies, research institutes, others.

The World Health Organization (WHO), Food and Drug Administration (FDA), Centers for Disease Control and Prevention (CDC), Pfizer Inc., and Sanofi along with company websites, are a few of the major primary and secondary sources referred for preparing this report.

Reasons to Buy:

To understand the North America Medical and Lab Refrigerator market landscape and identify market segments that are most likely to guarantee a strong returnStay ahead of the race by comprehending the ever-changing competitive landscape for the North America Medical and Lab Refrigerator marketEfficiently plan M&A and partnership deals in the North America Medical and Lab Refrigerator market by identifying market segments with the most promising probable salesHelps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form the North America Medical and Lab Refrigerator marketObtain market revenue forecast for market by various segments from 2019 to 2027 in the region

Table of Contents
Product Code: TIPRE00016227

Table Of Contents

1. Introduction

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

2. Key Takeaways

  • 2.1 Coverage
  • 2.2 Secondary Research
  • 2.3 Primary Research

3. Medical and Lab Refrigerator Market Landscape

  • 3.1 Market Overview
  • 3.2 PEST Analysis
    • 3.2.1 North America
  • 3.3 Ecosystem Analysis
  • 3.4 Expert Opinion

4. Medical and Lab Refrigerator Market - Key Market Dynamics

  • 4.1 Market Drivers
    • 4.1.1 Growing Demand for Blood Storage Centers and Blood Banks
    • 4.1.2 Increasing Number of Accidents, Surgery Interventions, and others
  • 4.2 Market Restraints
    • 4.2.1 Increasing Preference for Refurbished Equipment
  • 4.3 Market Opportunities
    • 4.3.1 Increasing Research & Development Investments in Medical Science by Government Organizations
  • 4.4 Future Trends
    • 4.4.1 Technological Advancements in Medical Refrigerators
  • 4.5 Impact Analysis of Drivers and Restraints

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

  • 5.1 Overview
  • 5.2 Medical and Lab Refrigerator Market, By Product Type (2019 and 2027)
  • 5.3 Blood Bank Refrigerators
    • 5.3.1 Overview
    • 5.3.2 Blood Bank Refrigerators: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • 5.4 Laboratory Refrigerators
    • 5.4.1 Overview
    • 5.4.2 Laboratory Refrigerators: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • 5.5 Pharmacy Refrigerators
    • 5.5.1 Overview
    • 5.5.2 Pharmacy Refrigerators: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • 5.6 Enzyme Refrigerators
    • 5.6.1 Overview
    • 5.6.2 Enzyme Refrigerators: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • 5.7 Others
    • 5.7.1 Overview
    • 5.7.2 Others: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)

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

  • 6.1 Overview
  • 6.2 Medical and Lab Refrigerator Market, By End-user (2019 and 2027)
  • 6.3 Blood Bank
    • 6.3.1 Overview
    • 6.3.2 Blood Bank: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • 6.4 Pharmaceutical Companies
    • 6.4.1 Overview
    • 6.4.2 Pharmaceutical Companies: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • 6.5 Hospitals and Pharmacies
    • 6.5.1 Overview
    • 6.5.2 Hospitals and Pharmacies: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • 6.6 Research Institutes
    • 6.6.1 Overview
    • 6.6.2 Research Institutes: 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 - Geographic Analysis

  • 7.1 North America: Medical and Lab Refrigerator Market
    • 7.1.1 North America: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
    • 7.1.2 North America: Medical and Lab Refrigerator Market, by Product Type
    • 7.1.3 North America: Medical and Lab Refrigerator Market, by End-user
    • 7.1.4 North America: Medical and Lab Refrigerator Market, by Key Country
      • 7.1.4.1 US: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
        • 7.1.4.1.1 US: Medical and Lab Refrigerator Market, by Product Type
        • 7.1.4.1.2 US: Medical and Lab Refrigerator Market, by End-user
      • 7.1.4.2 Canada: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
        • 7.1.4.2.1 Canada: Medical and Lab Refrigerator Market, by Product Type
        • 7.1.4.2.2 Canada: Medical and Lab Refrigerator Market, by End-user
      • 7.1.4.3 Mexico: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
        • 7.1.4.3.1 Mexico: Medical and Lab Refrigerator Market, by Product Type
        • 7.1.4.3.2 Mexico: Medical and Lab Refrigerator Market, by End-user
  • 7.2 North America: Impact Assessment of COVID-19 Pandemic

8. Industry Landscape

  • 8.1 Overview
  • 8.2 Market Initiative
  • 8.3 New Product Development
  • 8.4 Merger and Acquisition

9. Key Company Profiles

  • 9.1 ZhongkeMeiling Cryogenics Company Limited
    • 9.1.1 Key Facts
    • 9.1.2 Business Description
    • 9.1.3 Products and Services
    • 9.1.4 Financial Overview
    • 9.1.5 SWOT Analysis
    • 9.1.6 Key Developments
  • 9.2 Felix Storch, Inc.
    • 9.2.1 Key Facts
    • 9.2.2 Business Description
    • 9.2.3 Products and Services
    • 9.2.4 Financial Overview
    • 9.2.5 SWOT Analysis
    • 9.2.6 Key Developments
  • 9.3 Follett LLC
    • 9.3.1 Key Facts
    • 9.3.2 Business Description
    • 9.3.3 Products and Services
    • 9.3.4 Financial Overview
    • 9.3.5 SWOT Analysis
    • 9.3.6 Key Developments
  • 9.4 Helmer Scientific Inc.
    • 9.4.1 Key Facts
    • 9.4.2 Business Description
    • 9.4.3 Products and Services
    • 9.4.4 Financial Overview
    • 9.4.5 SWOT Analysis
    • 9.4.6 Key Developments
  • 9.5 Haier Biomedical
    • 9.5.1 Key Facts
    • 9.5.2 Business Description
    • 9.5.3 Products and Services
    • 9.5.4 Financial Overview
    • 9.5.5 SWOT Analysis
    • 9.5.6 Key Developments
  • 9.6 Lec Medical
    • 9.6.1 Key Facts
    • 9.6.2 Business Description
    • 9.6.3 Products and Services
    • 9.6.4 Financial Overview
    • 9.6.5 SWOT Analysis
    • 9.6.6 Key Developments
  • 9.7 Philipp Kirsch GmbH
    • 9.7.1 Key Facts
    • 9.7.2 Business Description
    • 9.7.3 Products and Services
    • 9.7.4 Financial Overview
    • 9.7.5 SWOT Analysis
    • 9.7.6 Key Developments
  • 9.8 Thermo Fisher Scientific Inc.
    • 9.8.1 Key Facts
    • 9.8.2 Business Description
    • 9.8.3 Products and Services
    • 9.8.4 Financial Overview
    • 9.8.5 SWOT Analysis
    • 9.8.6 Key Developments
  • 9.9 Vestfrost Solutions
    • 9.9.1 Key Facts
    • 9.9.2 Business Description
    • 9.9.3 Products and Services
    • 9.9.4 Financial Overview
    • 9.9.5 SWOT Analysis
    • 9.9.6 Key Developments
  • 9.10 Blue Star Limited
    • 9.10.1 Key Facts
    • 9.10.2 Business Description
    • 9.10.3 Products and Services
    • 9.10.4 Financial Overview
    • 9.10.5 SWOT Analysis
    • 9.10.6 Key Developments

10. Appendix

  • 10.1 About The Insight Partners
  • 10.2 Word Index

List Of Tables

  • Table 1. North America: Medical and Lab Refrigerator Market, by Product Type - Revenue and Forecast to 2027 (US$ Million)
  • Table 2. North America: Medical and Lab Refrigerator Market, by Product Type - Revenue and Forecast to 2027 (US$ Million)
  • Table 3. US: Medical and Lab Refrigerator Market, by Product Type -Revenue and Forecast to 2027 (US$ Million)
  • Table 4. US: Medical and Lab Refrigerator Market, by End-user -Revenue and Forecast to 2027 (US$ Million)
  • Table 5. Canada: Medical and Lab Refrigerator Market, by Product Type -Revenue and Forecast to 2027 (US$ Million)
  • Table 6. Canada: Medical and Lab Refrigerator Market, by End-user -Revenue and Forecast to 2027 (US$ Million)
  • Table 7. Mexico: Medical and Lab Refrigerator Market, by Product Type -Revenue and Forecast to 2027 (US$ Million)
  • Table 8. Mexico: Medical and Lab Refrigerator Market, by End-user -Revenue and Forecast to 2027 (US$ Million)
  • Table 9. 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. North America medical and lab refrigerator market Overview
  • Figure 4. North America medical and lab refrigerator market - Strategy Analysis
  • Figure 5. Global Medical and Lab Refrigerator Product Type Overview
  • Figure 6. Global Medical and Lab Refrigerator End Use Overview
  • Figure 7. Research Methodology
  • Figure 8. North America - PEST Analysis
  • Figure 9. Medical and Lab Refrigerator Market - Ecosystem Analysis
  • Figure 10. Expert Opinion
  • Figure 11. Medical and Lab Refrigerator Market Impact Analysis of Drivers and Restraints
  • Figure 12. Medical and Lab Refrigerator Market Revenue Share, by Product Type (2019 and 2027)
  • Figure 13. Blood Bank Refrigerators: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 14. Laboratory Refrigerators: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 15. Pharmacy Refrigerators: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 16. Enzyme Refrigerators: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 17. Others: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 18. Medical and Lab Refrigerator Market Revenue Share, by End-user (2019 and 2027)
  • Figure 19. Blood Bank: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 20. Pharmaceutical Companies: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 21. Hospitals and Pharmacies: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 22. Research Institutes: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 23. Others: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 24. North America: Medical and Lab Refrigerator Market - Revenue and Forecast to 2027 (US$ Million)
  • Figure 25. North America: Medical and Lab Refrigerator Market Revenue Share, by Product Type (2019 and 2027)
  • Figure 26. North America: Medical and Lab Refrigerator Market Revenue Share, by End-user (2019 and 2027)
  • Figure 27. North America: Medical and Lab Refrigerator Market Revenue Share, by Key Country (2019 and 2027)
  • Figure 28. US: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 29. Canada: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 30. Mexico: Medical and Lab Refrigerator Market - Revenue, and Forecast to 2027 (US$ Million)
  • Figure 31. Impact of COVID-19 Pandemic in North American Markets