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Global Laboratory Ovens and Freezers Market 2017-2021

Global Laboratory Ovens and Freezers Market 2017-2021

About Lab Oven and Freezer

Laboratory ovens are used for high-forced volume thermal convection applications, such as sterilizing and drying. These include gravity convection, mechanical convection, clean process, forced-air, multipurpose, high-temperature, vacuum, microprocessor-controlled, and hot air ovens. With the increase in end-users such as hospitals, research and testing laboratories, and diagnostic centers, there has been an increase in demand for laboratory ovens and freezers for various applications.

Technavio’s analysts forecast the global lab oven and freezer market to grow at a CAGR of 4.45% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global lab oven and freezer market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Lab Oven and Freezer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of operating in this market.

Key vendors
  • BioMedical Solutions
  • Eppendorf
  • Haier Biomedical
  • Helmer Scientific
  • Thermo Fisher Scientific
  • Panasonic Biomedical
  • VWR
Other prominent vendors
  • Arctiko
  • Aegis Scientific
  • AGA Marvel
  • Angelantoni Life Science
  • Azbil Telstar
  • BINDER
  • BIONICS SCIENTIFIC TECHNOLOGIES
  • Carbolite Gero
  • C.F. di Ciro Fiocchetti & C. s.n.c.
  • Chart Industries
  • EVERmed
  • Kirsch
  • Lab Research Products
  • Liebherr
  • PerklinElmer
  • Porkka
  • Sheldon Manufacturing
  • Terumo Medical Corporation
  • Terso Solutions
Market driver
  • Rise in awareness of blood transfusion.
  • For a full, detailed list, view our report
Market challenge
  • High price for advanced laboratory freezers and ovens.
  • For a full, detailed list, view our report
Market trend
  • Growing trend of cryopreservation of eggs, embryos, and sperm.
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are in this market space?
  • What are the market opportunities and threats faced by the key vendors??
  • What are the strengths and weaknesses of the key vendors??


Press Release

Technavio Announces the Publication of its Research Report – Global Lab Oven and Freezer Market 2017-2021

Technavio recognizes the following companies as the key players in the global lab oven and freezer market: BioMedical Solutions, Eppendorf, Haier Biomedical, Helmer Scientific, Thermo Fisher Scientific, Panasonic Biomedical, and VWR.

Other Prominent Vendors in the market are: Arctiko, Aegis Scientific, AGA Marvel, Angelantoni Life Science, Azbil Telstar, BINDER, BIONICS SCIENTIFIC TECHNOLOGIES, Carbolite Gero, C.F. di Ciro Fiocchetti & C. s.n.c., Chart Industries, EVERmed, Kirsch, Lab Research Products, Liebherr, PerklinElmer, Porkka, Sheldon Manufacturing, Terumo Medical Corporation, and Terso Solutions.

Commenting on the report, an analyst from Technavio’s team said: “One trend in market is growing need for food testing. There has been a growing need for food testing in recent years. This is because of the increase in foodborne diseases, adulteration, and product recalls. There are more than 250 different types of foodborne diseases, including infections caused by a variety of bacteria, viruses, and parasites. The microbe or toxin enters the body through the gastrointestinal tract and often causes symptoms such as nausea, vomiting, abdominal cramps, and diarrhea. Diarrheal diseases are the most common illnesses resulting from the consumption of contaminated food. The cases of food adulteration are increasing. Along with basic food grains such as rice and wheat, packaged water and bottled soft drinks are also being adulterated.”

According to the report, one driver in market is increase in forensic investigations. Forensic evidence plays a vital role in criminal investigations. The social impact of forensics is huge since it has the potential to track down the guilty and acquit the innocent. The rise in the number of crime rates, including the increase in gun violence and terrorist bombings across the world has resulted in the rise of several forensic investigations. Forensic technologies that have evolved in the recent past include the portable use of color chemistry in the identification of biological and chemical weapons, improved extraction of fingerprints from metals as in fragments and gun cartridges, DNA-profiling techniques, and sensing technologies. All these technologies are aimed at improving the detection of explosives and drugs at various places, such as security checkpoints.

Further, the report states that one challenge in market is high price for advanced laboratory freezers and ovens. The healthcare industry, which is strictly regulated throughout the world, requires compliance criteria to be met at every stage of product development and management that is mostly time-consuming and expensive. The need to store organs, blood, or other samples at a specific temperature has increased the use of advanced laboratory ovens and freezers. Though the equipment are highly advanced with improved features and functionalities, they are expensive, making them unaffordable for small vendors. For instance, the startup cost of an RFID implementation, including refrigerators and freezers, in an 800-bed hospital is in the range of $27,000 - $1.25 million, depending on the requirement. Further, a rapid change in technology related to RFID storage solutions can have implications in the total cost that may eventually lead to lower adoption rates as many end-users may not purchase these solutions.

Companies Mentioned

BioMedical Solutions, Eppendorf, Haier Biomedical, Helmer Scientific, Thermo Fisher Scientific, Panasonic Biomedical, VWR, Arctiko, Aegis Scientific, AGA Marvel, Angelantoni Life Science, Azbil Telstar, BINDER, BIONICS SCIENTIFIC TECHNOLOGIES, Carbolite Gero, C.F. di Ciro Fiocchetti & C. s.n.c., Chart Industries, EVERmed, Kirsch, Lab Research Products, Liebherr, PerklinElmer, Porkka, Sheldon Manufacturing, Terumo Medical Corporation, and Terso Solutions.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • Table Features of laboratory ovens
      • Table Auto-defrost and manual defrost laboratory freezers
      • Table Global laboratory ovens and freezers market: An overview
      • Table Global laboratory ovens and freezers market 2016-2021 ($ millions)
      • Table Global laboratory ovens and freezers market by product type 2016 and 2021
    • Five forces analysis
      • Table Five forces analysis
  • Geographical segmentation
    • Global laboratory ovens and freezers market by geography
      • Table Global laboratory ovens and freezers market by geography 2016-2021
    • Laboratory ovens and freezers market in Americas
      • Table Laboratory ovens and freezers market in Americas 2016-2021 ($ millions)
      • Table Key countries in Americas
    • Laboratory ovens and freezers market in EMEA
      • Table Laboratory ovens and freezers market in EMEA 2016-2021 ($ millions)
      • Table Key countries in EMEA
    • Laboratory ovens and freezers market in APAC
      • Table Laboratory ovens and freezers market in APAC 2016-2021 ($ millions)
      • Table Key countries in APAC
  • End-user segmentation
    • Global laboratory ovens and freezers market by end-users
      • Table Global laboratory ovens and freezers market by end-users 2016-2021
      • Table Global laboratory ovens and freezers market: Opportunity analysis
    • Pharmaceutical and healthcare facilities
      • Table Global laboratory ovens and freezers market by pharmaceutical and healthcare facilities 2016-2021 ($ millions)
    • Research and testing laboratories
      • Table Global laboratory ovens and freezers market by research and testing laboratories 2016-2021($ millions)
    • Others
      • Table Global laboratory ovens and freezers market by others 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global R&D expenditure 1996-2016
      • Table Rural population in developing countries 2014
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Energy-efficient freezers and ovens
    • Introduction of RFID-enabled freezers
    • Growth in number of blood banks
    • Growing need for food testing
    • Increase in transplantation procedures
    • Growing trend of cryopreservation of eggs, embryos, and sperm
  • Vendor landscape
    • Competitive scenario
      • Table Competitive parameters in global laboratory ovens and freezers market
      • Table Strategic factors determining success for companies
    • Investment opportunity
      • Table Investment opportunity mapping
  • Key vendor analysis
    • BioMedical Solutions
      • Table BioMedical Solutions: Profile
      • Table BioMedical Solutions: Strength analysis
      • Table BioMedical Solutions: Strategy assessment
      • Table BioMedical Solutions: Opportunity assessment
    • Eppendorf
      • Table Eppendorf: Profile
      • Table Eppendorf: Strength analysis
      • Table Eppendorf: Strategy assessment
      • Table Eppendorf: Opportunity assessment
    • Haier
      • Table Haier: Profile
      • Table Haier: Strength analysis
      • Table Haier: Strategy assessment
      • Table Haier: Opportunity assessment
    • Helmer Scientific
      • Table Helmer Scientific: Profile
      • Table Helmer Scientific: Strength analysis
      • Table Helmer Scientific: Strategy assessment
      • Table Helmer Scientific: Opportunity assessment
    • Thermo Fisher Scientific
      • Table Thermo Fisher Scientific: Profile
      • Table Thermo Fisher Scientific: Strength analysis
      • Table Thermo Fisher Scientific: Strategy assessment
      • Table Thermo Fisher Scientific: Opportunity assessment
    • Panasonic Biomedical
      • Table Panasonic Biomedical: Profile
      • Table Panasonic Biomedical: Strength analysis
      • Table Panasonic Biomedical: Strategy assessment
      • Table Panasonic Biomedical: Opportunity assessment:
    • VWR
      • Table VWR: Profile
      • Table VWR: Strength analysis
      • Table VWR: Strategy assessment
      • Table VWR: Opportunity assessment
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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