Global Laboratory Freezers
Market Report
2025
As per the Cognative Market Research's latest report, The Global Laboratory Freezers market was valued at USD 4.50 Billion in 2022 and will reach USD 6.90 Billion by 2030, registering a CAGR of 5.5% for the forecast period 2023-2030.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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As per the Cognative Market Research's latest report, The Global Laboratory Freezers market was valued at USD 4.50 Billion in 2022 and will reach USD 6.90 Billion by 2030, registering a CAGR of 5.5% for the forecast period 2023-2030.
2024 | 2025 | 2032 | 2033 | CAGR | |
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Global Laboratory Freezers Market Sales Revenue | 121212 | 121212 | 121212 | 121212 | 5.5% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Type |
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Market Split by End User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Laboratory Freezers Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A laboratory freezer is a refrigerated cabinet that stores blood plasma, blood samples, vaccines, and syringes at temperatures below freezing point. Laboratory freezers are highly sterilized and maintain the required standards for the prevention of microbial contamination. Hospitals, blood banks, academic institutions, and laboratories all employ laboratory freezers. They are also used to cool samples and preserve specimens in the laboratories. The laboratory freezers are based on the mechanism of thermal insulation so as to maintain a cold environment inside as compared to the external environment. Technological advancement and demand for blood and blood components for transfusion in cancer therapy drive the growth of laboratory freezers.
Globally, there is a rise in the need for blood and blood components. As reported by the American Red Cross, almost 21 million blood components are transfused in a year in the United States. There is high demand for blood transfusion in cancer treatment. As reported by the American Cancer Society, it is estimated that 1.8 million cancer cases were registered in the year 2020 in the United States. Blood components transfusion is also required in cases like leukemia and blood malignancies. This increase in demand for blood and blood components raises the demand for laboratory freezers for preservation and storage. Thus, fuels its market growth.
Laboratory freezers with ultra-low temperatures are quite expensive. The average price ranges between USD 10,000 and USD 25,000. They are not affordable by smaller blood banks, hospitals, and laboratories. Refurbished freezers are generally available at lower prices and emerging countries restrict themselves to adopt technological advances in healthcare systems. Thus, demand for refurbished lab freezers will hamper the growth of the market to a certain extent. There is also a failure in the freezer due to compressors, HVAC malfunction, and electrical devices. Thus, a lack of knowledge regarding the storage of medical samples and laboratory freezer maintenance tends to impede its market growth.
COVID-19 had a significantly positive impact on the laboratory freezers market. Due to quarantine measures and lockdowns, there was a decline in the laboratory freezers market. However, the later prevalence of COVID-19 globally gave an exponential rise in the number of laboratories for disease diagnosis and testing. The laboratory freezers were used for storing and managing the reagents and vaccines at ultra-low temperatures. It gave vaccines specific storage conditions in order to sustain post-manufacturing time. Therefore, the demand for laboratory freezers market increased drastically during the COVID-19 prevalence.
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The innovation from Lec Medical aimed to enhance the safe storage of temperature-sensitive medicines and saved staff time for the pharmacy. It also developed Lec’s new Pharmacy Connect Range which enabled the remote appliance diagnostics to protect vaccine stocks.
Under this partnership, Dr. Reddy provided reliable cold chain solutions for the Pan India rollout of Sputnik V vaccines and B medical systems installed hundreds of vaccine freezers across the country.
Top Companies Market Share in Laboratory Freezers Industry: (In no particular order of Rank)
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Globally, the laboratory freezers market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America is anticipated to grow significantly due to the increasing number of organ transplant procedures. As reported by the Centres for Disease Control (CDC), in 2022 updates, the most transplanted organs are kidneys, liver, lungs, pancreas, and heart in the United States. Owing to the increase in the number of blood banks, North America has driven the growth of the laboratory freezers market. According to America’s Blood Centres, over 600 blood banks are present in the region of the United States. Thus, blood collection centers require a maximum number of laboratory refrigerators and freezers for the storage of blood plasma and blood components. Therefore, the North American region is driving the global laboratory freezer market growth.
The current report Scope analyzes Laboratory Freezers Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Laboratory Freezers Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Laboratory Freezers Industry growth. Laboratory Freezers market has been segmented with the help of its Type, End User , and others. Laboratory Freezers market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on type, the laboratory freezers market is segmented into plasma freezers, enzyme freezers, and flammable material freezers. The plasma freezers segment holds the largest share due to its maintained freezing temperature at -30 or -40 degree Celsius. This temperature is suitable for storage conditions of red blood cells, plasma cells, platelets, samples of blood, and, vaccines. This temperature also stores fresh frozen plasma (FFP), which plays an important role in cancer treatment. The plasma freezers also witness growth owing to the escalating number of apheresis treatments.
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The laboratory freezers based on end-users are classified into blood banks, medical laboratories, and pharmaceutical & biotechnology companies. The blood bank segment is growing at a high rate due to the increasing demand for blood components and blood in the treatment of sickle-cell anemia, blood cancer, and hemophilia. The demand from pharmaceutical companies for the procedure of apheresis to fulfill the demand of prevailing plasma therapy is also driving the demand for laboratory freezers for their compatible storage
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Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
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Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Laboratory Freezers Market is witnessing significant growth in the near future.
In 2023, the Plasma Freezers segment accounted for noticeable share of global Laboratory Freezers Market and is projected to experience significant growth in the near future.
The Blood Banks segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Antylia Scientific , Eppendorf AG and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Type | Plasma Freezers, Enzyme Freezers, Flammable Material Freezers |
End User | Blood Banks, Medical Laboratories, Pharmaceutical & Biotechnology Companies |
List of Competitors | Antylia Scientific, Panasonic Healthcare Co., Eppendorf AG, Arctiko A/S, Evermed S.R.L., Helmer Scientific, Philipp Kirsch GmbH, LabRepCo Holding Corporation, Haier lnc., Thermo Fisher Scientific Inc |
This chapter will help you gain GLOBAL Market Analysis of Laboratory Freezers. Further deep in this chapter, you will be able to review Global Laboratory Freezers Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Laboratory Freezers. Further deep in this chapter, you will be able to review North America Laboratory Freezers Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Laboratory Freezers. Further deep in this chapter, you will be able to review Europe Laboratory Freezers Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Laboratory Freezers. Further deep in this chapter, you will be able to review Asia Pacific Laboratory Freezers Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Laboratory Freezers. Further deep in this chapter, you will be able to review South America Laboratory Freezers Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Laboratory Freezers. Further deep in this chapter, you will be able to review Middle East Laboratory Freezers Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Laboratory Freezers. Further deep in this chapter, you will be able to review Middle East Laboratory Freezers Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Laboratory Freezers. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Analysis 2019 -2031, will provide market size split by Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End User Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Laboratory Freezers market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Plasma Freezers have a significant impact on Laboratory Freezers market? |
What are the key factors affecting the Plasma Freezers and Enzyme Freezers of Laboratory Freezers Market? |
What is the CAGR/Growth Rate of Blood Banks during the forecast period? |
By type, which segment accounted for largest share of the global Laboratory Freezers Market? |
Which region is expected to dominate the global Laboratory Freezers Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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