The increasing number of organs transplant procedures, growing demand for blood and blood components, and technological advancements in freezers and refrigerators are the key factors driving the growth of the laboratory freezers market. However, factors such as increasing use of refurbished equipment and intense pricing pressure on manufacturers are restraining the growth of this market.
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The global laboratory freezers market is consolidated in nature, with the top five companies accounting for a major market share in 2015. Some of the key players in this market are Thermo Fisher Scientific Inc. (U.S.), Haier Biomedical (China), Eppendorf AG (Germany), Helmer Scientific (U.S.), VWR Corporation (U.S.), ARCTIKO A/S (Europe), Biomedical Solutions Inc. (U.S.), EVERmed S.R.L. (Italy), Philipp Kirsch GmbH (Germany), and Panasonic Healthcare Co., Ltd. (Japan). The leading players in this market have a major focus on new product launches, agreements, collaborations, partnerships, and expansion of their geographic presence in emerging markets. These are the widely adopted strategies by leading players to enhance their revenue streams and achieve sustainable growth in this competitive market.
North America accounted for the largest share of the laboratory freezers market, followed by Europe. The growing awareness & adoption of advanced lab freezers & refrigerators, significant growth in the number of life sciences research activities for disease treatment, and growing R&D spending in pharmaceutical & biotechnology industries in the region are driving the growth of the North American market. The Asia-Pacific region, however, is expected to witness a higher growth in the coming years, primarily due to the improving healthcare infrastructure, rising awareness about technologically advanced devices, and growth in biotechnology research in this region. In addition, manufacturers are increasingly focusing on strengthening their presence in emerging APAC countries.
Request Sample Report : http://www.marketsandmarkets.com/pdfdownload.asp?id=196600540
The global laboratory freezers market is consolidated in nature, with the top five companies accounting for a major market share in 2015. Some of the key players in this market are Thermo Fisher Scientific Inc. (U.S.), Haier Biomedical (China), Eppendorf AG (Germany), Helmer Scientific (U.S.), VWR Corporation (U.S.), ARCTIKO A/S (Europe), Biomedical Solutions Inc. (U.S.), EVERmed S.R.L. (Italy), Philipp Kirsch GmbH (Germany), and Panasonic Healthcare Co., Ltd. (Japan). The leading players in this market have a major focus on new product launches, agreements, collaborations, partnerships, and expansion of their geographic presence in emerging markets. These are the widely adopted strategies by leading players to enhance their revenue streams and achieve sustainable growth in this competitive market.
North America accounted for the largest share of the laboratory freezers market, followed by Europe. The growing awareness & adoption of advanced lab freezers & refrigerators, significant growth in the number of life sciences research activities for disease treatment, and growing R&D spending in pharmaceutical & biotechnology industries in the region are driving the growth of the North American market. The Asia-Pacific region, however, is expected to witness a higher growth in the coming years, primarily due to the improving healthcare infrastructure, rising awareness about technologically advanced devices, and growth in biotechnology research in this region. In addition, manufacturers are increasingly focusing on strengthening their presence in emerging APAC countries.
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