Laboratory Freezers Market to Be Worth USD 3.76 Bn by 2021, Expects M&M in Its Report Now Available at MarketPublishers.com28 Jul 2016 • by Natalie Aster
LONDON – Rising demand for blood as well as blood components for pharmaceuticals’ production and transfusion is one of major drivers for the world’s laboratory freezers marketplace. Other important drivers comprise: growing support from the government related to clinical trials and research activities, technological advancements, and more.
The global market is set to grow at a CAGR of more than 4.56% in the years to come to amount to approximately USD 3.8 billion by 2021.
This growth can be higher if issues related to high cost of the freezing equipment are eliminated. In the meantime, pressure on major players to cut down their prices is on the rise.
Freezers made up the leading market segment as of 2015. However, they may lose this position in future given swift growth of the cryopreservation systems segment.
North America is the top player in the global space, and Europe follows it. Country-wise, the USA is the largest marketplace.
APAC is set to become the fastest growing regional market.
Top companies active in the marketplace comprise: Biomedical Solutions Inc., Helmer Scientific, EVERmed and more.
New research report “Laboratory Freezers Market by Product & by End User - Global Forecast to 2021” drawn up by M&M offers an up-close look at the global laboratory freezers marketplace. The study insightfully discusses market dynamics, delves deep into its performance on the basis of product types, end-users and regions.
It contains historical data and gives future projections through 2021. Company profiles are included in the report, too.
- extensive overview of the market;
- coverage of regional performance;
- insights into the competitive landscape;
- company profiles;
- examination of market dynamics;
- future outlook;
- and more.
More new studies by our partner can be found at M&M page.