Global Blood Bank Refrigerators Market 2015-2019
About blood bank refrigerators
Blood bank refrigerators are used to store whole blood and blood components. This equipment ensures that blood products are stored at temperatures between 2°C and 6°C so that they can be used for transfusions. The refrigeration system typically consists of a compressor, a capillary tube, a condenser, an evaporator, and interconnecting tubing. The unit comes in various configurations, including countertop, floor, and under-counter units. This equipment has evolved in terms of construction, safety, meeting storage requirements, and performance.
Technavio's analysts forecast the global blood bank refrigerator market to grow at a CAGR of 5.64% over the period 2014-2019.
Covered in this report
In this report, Technavio covers the present scenario and growth prospects of the global blood bank refrigerator market for 2015-2019. To calculate the market size, we use the revenue generated from the sale of blood bank refrigerators.
Technavio's report, Global Blood Bank Refrigerator Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the global blood bank refrigerator market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Technavio Announces the Publication of its Research Report – Global Blood Bank Refrigerators Market 2015-2019
Technavio recognizes the following companies as the key players in the Global Blood Bank Refrigerators Market: Biomedical Solutions, Haier Bio-Medical, Helmer Scientific, Panasonic Healthcare and Thermo Fisher
Other Prominent Vendors in the market are: Dometic, Follett, Glen Dimplex, Kirsch, LABCOLD, Lorne Laboratories, REMI, and Telstar.
Commenting on the report, an analyst from Technavio’s team said: “The growth of the blood banking industry has translated into a need for more capacity. Customers are outgrowing their existing capacities and limitations of storage space have intensified the problem. Vendors are thus increasingly expanding their equipment capacity to cater to these changing scenarios and have introduced under-counter and upright blood bank equipment models.”
According to the report, there has been an increase in the awareness level because of education of the masses on the benefits and misconceptions related to donating blood. People have become more open to the idea of donating blood. We expect an increase in blood donation in the near future due to widespread awareness campaigns by government organizations and private companies.
Further, the report states that inadequate financial and infrastructure resources are a major challenge restraining the adoption of purpose-designed blood storage equipment, particularly in developing economies.
Biomedical Solutions, Haier Bio-Medical, Helmer Scientific, Panasonic Healthcare, Thermo Fisher, Dometic, Follett, Glen Dimplex, Kirsch, LABCOLD, Lorne Laboratories, REMI, Telstar.