Biomedical Refrigerators And Freezer Global Market Insights 2025, Analysis and Forecast to 2030, by Market Participants, Regions, Technology, Application, Product Type
Description
Biomedical Refrigerators And Freezers Market Summary
Introduction
Biomedical refrigerators and freezers, encompassing blood bank refrigerators, plasma freezers, and ultra-low temperature (ULT) units, are critical for storing vaccines, biologics, and samples amid rising chronic diseases like diabetes (537 million cases in 2021) and cancer (19.97 million new cases in 2022). The market is propelled by post-COVID vaccine needs, biopharma growth, and stringent cold chain requirements. Innovations like energy-efficient designs and AI monitoring enhance reliability. The global market is projected to reach between USD 2.4 billion and USD 3.9 billion in 2025, with a CAGR of 5.8% to 7.6% through 2030.
Regional Analysis
North America: The U.S. leads with high clinical trial activity, while Canada focuses on vaccine storage.
Europe: Germany, France, and the UK drive demand due to advanced biopharma sectors.
Asia Pacific: China and India see growth from manufacturing hubs, while Japan emphasizes precision storage.
Rest of the World: Brazil expands healthcare infrastructure, and the Middle East invests in diagnostics.
Application Analysis
Hospitals: Expected growth of 5.9%-7.7%, driven by patient care needs. Trends focus on energy efficiency.
Research Laboratories: Projected growth of 6.0%-7.8%, linked to clinical trials. Developments emphasize precision.
Pharmacies: Anticipated growth of 5.7%-7.5%, suited for drug storage. Advances prioritize accessibility.
Diagnostic Centers: Expected growth of 5.8%-7.6%, driven by testing. Trends lean toward automation.
Blood Banks: Projected growth of 5.9%-7.7%, key for transfusion. Innovations focus on safety.
Others: Anticipated growth of 5.6%-7.4%, covering niche uses. Advances emphasize versatility.
Type Analysis
Blood Bank Refrigerators: Expected growth of 5.8%-7.6%, valued for blood storage. Trends highlight capacity.
Shock Freezers: Projected growth of 5.7%-7.5%, key for rapid freezing. Advances focus on speed.
Plasma Freezers: Anticipated growth of 5.9%-7.7%, suited for plasma. Innovations emphasize stability.
Ultra Low Temperature Freezers: Expected growth of 6.1%-7.9%, driven by vaccine needs. Trends lean toward eco-designs.
Laboratory/Pharmacy/Medical Refrigerators: Projected growth of 5.8%-7.6%, key for general use. Advances focus on monitoring.
Laboratory/Pharmacy/Medical Freezers: Anticipated growth of 5.7%-7.5%, suited for samples. Trends prioritize durability.
Key Market Players
Leading firms include Eppendorf, offering lab solutions; Panasonic Healthcare Corporation, enhancing storage; Haier Biomedical, launching TwinCool; Power Scientific, focusing on precision; Aegis Scientific, supporting cold chains; Helmer Scientific, advancing GX Solutions; Follett, boosting reliability; Azbil Corporation, innovating in tech; and Thermo Fisher Scientific, enhancing biopharma tools.
Porter's Five Forces Analysis
Threat of New Entrants: Moderate, due to regulatory and technological barriers, though niche players can enter.
Threat of Substitutes: Low, as these units are essential for cold storage with no direct alternatives.
Bargaining Power of Buyers: Moderate, with facilities seeking reliable, cost-effective units, though specialized needs limit options.
Bargaining Power of Suppliers: Low, with multiple component providers.
Competitive Rivalry: High, with competition on energy efficiency, monitoring, and capacity.
Market Opportunities and Challenges
Opportunities:
Chronic diseases (537 million diabetes cases) and biopharma (50 new U.S. drugs in 2022) drive demand.
Vaccine storage and clinical trials (15,316 U.S. registrations in 2022) boost needs, while energy-efficient and AI-driven units enhance adoption.
Organ transplant growth increases usage.
Challenges:
High costs of advanced units limit access in low-income regions.
Regulatory delays for new tech slow growth.
Power instability in rural areas restricts expansion.
Market News
In February 2024, Helmer Scientific GX Solutions ULT freezers received ENERGY STAR certification.
In October 2023, Haier Biomedical introduced TwinCool Frequency Conversion ULT Freezers.
In January 2022, B Medical Systems opened a new facility in Mundra, Gujarat, India.
Introduction
Biomedical refrigerators and freezers, encompassing blood bank refrigerators, plasma freezers, and ultra-low temperature (ULT) units, are critical for storing vaccines, biologics, and samples amid rising chronic diseases like diabetes (537 million cases in 2021) and cancer (19.97 million new cases in 2022). The market is propelled by post-COVID vaccine needs, biopharma growth, and stringent cold chain requirements. Innovations like energy-efficient designs and AI monitoring enhance reliability. The global market is projected to reach between USD 2.4 billion and USD 3.9 billion in 2025, with a CAGR of 5.8% to 7.6% through 2030.
Regional Analysis
North America: The U.S. leads with high clinical trial activity, while Canada focuses on vaccine storage.
Europe: Germany, France, and the UK drive demand due to advanced biopharma sectors.
Asia Pacific: China and India see growth from manufacturing hubs, while Japan emphasizes precision storage.
Rest of the World: Brazil expands healthcare infrastructure, and the Middle East invests in diagnostics.
Application Analysis
Hospitals: Expected growth of 5.9%-7.7%, driven by patient care needs. Trends focus on energy efficiency.
Research Laboratories: Projected growth of 6.0%-7.8%, linked to clinical trials. Developments emphasize precision.
Pharmacies: Anticipated growth of 5.7%-7.5%, suited for drug storage. Advances prioritize accessibility.
Diagnostic Centers: Expected growth of 5.8%-7.6%, driven by testing. Trends lean toward automation.
Blood Banks: Projected growth of 5.9%-7.7%, key for transfusion. Innovations focus on safety.
Others: Anticipated growth of 5.6%-7.4%, covering niche uses. Advances emphasize versatility.
Type Analysis
Blood Bank Refrigerators: Expected growth of 5.8%-7.6%, valued for blood storage. Trends highlight capacity.
Shock Freezers: Projected growth of 5.7%-7.5%, key for rapid freezing. Advances focus on speed.
Plasma Freezers: Anticipated growth of 5.9%-7.7%, suited for plasma. Innovations emphasize stability.
Ultra Low Temperature Freezers: Expected growth of 6.1%-7.9%, driven by vaccine needs. Trends lean toward eco-designs.
Laboratory/Pharmacy/Medical Refrigerators: Projected growth of 5.8%-7.6%, key for general use. Advances focus on monitoring.
Laboratory/Pharmacy/Medical Freezers: Anticipated growth of 5.7%-7.5%, suited for samples. Trends prioritize durability.
Key Market Players
Leading firms include Eppendorf, offering lab solutions; Panasonic Healthcare Corporation, enhancing storage; Haier Biomedical, launching TwinCool; Power Scientific, focusing on precision; Aegis Scientific, supporting cold chains; Helmer Scientific, advancing GX Solutions; Follett, boosting reliability; Azbil Corporation, innovating in tech; and Thermo Fisher Scientific, enhancing biopharma tools.
Porter's Five Forces Analysis
Threat of New Entrants: Moderate, due to regulatory and technological barriers, though niche players can enter.
Threat of Substitutes: Low, as these units are essential for cold storage with no direct alternatives.
Bargaining Power of Buyers: Moderate, with facilities seeking reliable, cost-effective units, though specialized needs limit options.
Bargaining Power of Suppliers: Low, with multiple component providers.
Competitive Rivalry: High, with competition on energy efficiency, monitoring, and capacity.
Market Opportunities and Challenges
Opportunities:
Chronic diseases (537 million diabetes cases) and biopharma (50 new U.S. drugs in 2022) drive demand.
Vaccine storage and clinical trials (15,316 U.S. registrations in 2022) boost needs, while energy-efficient and AI-driven units enhance adoption.
Organ transplant growth increases usage.
Challenges:
High costs of advanced units limit access in low-income regions.
Regulatory delays for new tech slow growth.
Power instability in rural areas restricts expansion.
Market News
In February 2024, Helmer Scientific GX Solutions ULT freezers received ENERGY STAR certification.
In October 2023, Haier Biomedical introduced TwinCool Frequency Conversion ULT Freezers.
In January 2022, B Medical Systems opened a new facility in Mundra, Gujarat, India.
Table of Contents
87 Pages
- Chapter 1 Executive Summary
- Chapter 2 Abbreviation and Acronyms
- Chapter 3 Preface
- 3.1 Research Scope
- 3.2 Research Sources
- 3.2.1 Data Sources
- 3.2.2 Assumptions
- 3.3 Research Method
- Chapter Four Market Landscape
- 4.1 Market Overview
- 4.2 Classification/Types
- 4.3 Application/End Users
- Chapter 5 Market Trend Analysis
- 5.1 Introduction
- 5.2 Drivers
- 5.3 Restraints
- 5.4 Opportunities
- 5.5 Threats
- Chapter 6 Industry Chain Analysis
- 6.1 Upstream/Suppliers Analysis
- 6.2 Biomedical Refrigerators and Freezer Analysis
- 6.2.1 Technology Analysis
- 6.2.2 Cost Analysis
- 6.2.3 Market Channel Analysis
- 6.3 Downstream Buyers/End Users
- Chapter 7 Latest Market Dynamics
- 7.1 Latest News
- 7.2 Merger and Acquisition
- 7.3 Planned/Future Project
- 7.4 Policy Dynamics
- Chapter 8 Historical and Forecast Biomedical Refrigerators and Freezer Market in North America (2020-2030)
- 8.1 Biomedical Refrigerators and Freezer Market Size
- 8.2 Biomedical Refrigerators and Freezer Market by End Use
- 8.3 Competition by Players/Suppliers
- 8.4 Biomedical Refrigerators and Freezer Market Size by Type
- 8.5 Key Countries Analysis
- 8.5.1 United States
- 8.5.2 Canada
- 8.5.3 Mexico
- Chapter 9 Historical and Forecast Biomedical Refrigerators and Freezer Market in South America (2020-2030)
- 9.1 Biomedical Refrigerators and Freezer Market Size
- 9.2 Biomedical Refrigerators and Freezer Market by End Use
- 9.3 Competition by Players/Suppliers
- 9.4 Biomedical Refrigerators and Freezer Market Size by Type
- 9.5 Key Countries Analysis
- 9.5.1 Brazil
- 9.5.2 Argentina
- 9.5.3 Chile
- 9.5.4 Peru
- Chapter 10 Historical and Forecast Biomedical Refrigerators and Freezer Market in Asia & Pacific (2020-2030)
- 10.1 Biomedical Refrigerators and Freezer Market Size
- 10.2 Biomedical Refrigerators and Freezer Market by End Use
- 10.3 Competition by Players/Suppliers
- 10.4 Biomedical Refrigerators and Freezer Market Size by Type
- 10.5 Key Countries Analysis
- 10.5.1 China
- 10.5.2 India
- 10.5.3 Japan
- 10.5.4 South Korea
- 10.5.5 Southest Asia
- 10.5.6 Australia
- Chapter 11 Historical and Forecast Biomedical Refrigerators and Freezer Market in Europe (2020-2030)
- 11.1 Biomedical Refrigerators and Freezer Market Size
- 11.2 Biomedical Refrigerators and Freezer Market by End Use
- 11.3 Competition by Players/Suppliers
- 11.4 Biomedical Refrigerators and Freezer Market Size by Type
- 11.5 Key Countries Analysis
- 11.5.1 Germany
- 11.5.2 France
- 11.5.3 United Kingdom
- 11.5.4 Italy
- 11.5.5 Spain
- 11.5.6 Belgium
- 11.5.7 Netherlands
- 11.5.8 Austria
- 11.5.9 Poland
- 11.5.10 Russia
- Chapter 12 Historical and Forecast Biomedical Refrigerators and Freezer Market in MEA (2020-2030)
- 12.1 Biomedical Refrigerators and Freezer Market Size
- 12.2 Biomedical Refrigerators and Freezer Market by End Use
- 12.3 Competition by Players/Suppliers
- 12.4 Biomedical Refrigerators and Freezer Market Size by Type
- 12.5 Key Countries Analysis
- 12.5.1 Egypt
- 12.5.2 Israel
- 12.5.3 South Africa
- 12.5.4 Gulf Cooperation Council Countries
- 12.5.5 Turkey
- Chapter 13 Summary For Global Biomedical Refrigerators and Freezer Market (2020-2025)
- 13.1 Biomedical Refrigerators and Freezer Market Size
- 13.2 Biomedical Refrigerators and Freezer Market by End Use
- 13.3 Competition by Players/Suppliers
- 13.4 Biomedical Refrigerators and Freezer Market Size by Type
- Chapter 14 Global Biomedical Refrigerators and Freezer Market Forecast (2025-2030)
- 14.1 Biomedical Refrigerators and Freezer Market Size Forecast
- 14.2 Biomedical Refrigerators and Freezer Application Forecast
- 14.3 Competition by Players/Suppliers
- 14.4 Biomedical Refrigerators and Freezer Type Forecast
- Chapter 15 Analysis of Global Key Vendors
- 15.1 Eppendorf
- 15.1.1 Company Profile
- 15.1.2 Main Business and Biomedical Refrigerators and Freezer Information
- 15.1.3 SWOT Analysis of Eppendorf
- 15.1.4 Eppendorf Biomedical Refrigerators and Freezer Revenue, Gross Margin and Market Share (2020-2025)
- 15.2 Panasonic Healthcare Corporation
- 15.2.1 Company Profile
- 15.2.2 Main Business and Biomedical Refrigerators and Freezer Information
- 15.2.3 SWOT Analysis of Panasonic Healthcare Corporation
- 15.2.4 Panasonic Healthcare Corporation Biomedical Refrigerators and Freezer Revenue, Gross Margin and Market Share (2020-2025)
- 15.3 Haier Biomedical
- 15.3.1 Company Profile
- 15.3.2 Main Business and Biomedical Refrigerators and Freezer Information
- 15.3.3 SWOT Analysis of Haier Biomedical
- 15.3.4 Haier Biomedical Biomedical Refrigerators and Freezer Revenue, Gross Margin and Market Share (2020-2025)
- 15.4 Power Scientific
- 15.4.1 Company Profile
- 15.4.2 Main Business and Biomedical Refrigerators and Freezer Information
- 15.4.3 SWOT Analysis of Power Scientific
- 15.4.4 Power Scientific Biomedical Refrigerators and Freezer Revenue, Gross Margin and Market Share (2020-2025)
- 15.5 Aegis Scientific
- 15.5.1 Company Profile
- 15.5.2 Main Business and Biomedical Refrigerators and Freezer Information
- 15.5.3 SWOT Analysis of Aegis Scientific
- 15.5.4 Aegis Scientific Biomedical Refrigerators and Freezer Revenue, Gross Margin and Market Share (2020-2025)
- 15.6 Haier Biomedical
- 15.6.1 Company Profile
- 15.6.2 Main Business and Biomedical Refrigerators and Freezer Information
- 15.6.3 SWOT Analysis of Haier Biomedical
- 15.6.4 Haier Biomedical Biomedical Refrigerators and Freezer Revenue, Gross Margin and Market Share (2020-2025)
- Please ask for sample pages for full companies list
- Tables and Figures
- Table Abbreviation and Acronyms
- Table Research Scope of Biomedical Refrigerators and Freezer Report
- Table Data Sources of Biomedical Refrigerators and Freezer Report
- Table Major Assumptions of Biomedical Refrigerators and Freezer Report
- Figure Market Size Estimated Method
- Figure Major Forecasting Factors
- Figure Biomedical Refrigerators and Freezer Picture
- Table Biomedical Refrigerators and Freezer Classification
- Table Biomedical Refrigerators and Freezer Applications
- Table Drivers of Biomedical Refrigerators and Freezer Market
- Table Restraints of Biomedical Refrigerators and Freezer Market
- Table Opportunities of Biomedical Refrigerators and Freezer Market
- Table Threats of Biomedical Refrigerators and Freezer Market
- Table Covid-19 Impact For Biomedical Refrigerators and Freezer Market
- Table Raw Materials Suppliers
- Table Different Production Methods of Biomedical Refrigerators and Freezer
- Table Cost Structure Analysis of Biomedical Refrigerators and Freezer
- Table Key End Users
- Table Latest News of Biomedical Refrigerators and Freezer Market
- Table Merger and Acquisition
- Table Planned/Future Project of Biomedical Refrigerators and Freezer Market
- Table Policy of Biomedical Refrigerators and Freezer Market
- Table 2020-2030 North America Biomedical Refrigerators and Freezer Market Size
- Figure 2020-2030 North America Biomedical Refrigerators and Freezer Market Size and CAGR
- Table 2020-2030 North America Biomedical Refrigerators and Freezer Market Size by Application
- Table 2020-2025 North America Biomedical Refrigerators and Freezer Key Players Revenue
- Table 2020-2025 North America Biomedical Refrigerators and Freezer Key Players Market Share
- Table 2020-2030 North America Biomedical Refrigerators and Freezer Market Size by Type
- Table 2020-2030 United States Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Canada Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Mexico Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 South America Biomedical Refrigerators and Freezer Market Size
- Figure 2020-2030 South America Biomedical Refrigerators and Freezer Market Size and CAGR
- Table 2020-2030 South America Biomedical Refrigerators and Freezer Market Size by Application
- Table 2020-2025 South America Biomedical Refrigerators and Freezer Key Players Revenue
- Table 2020-2025 South America Biomedical Refrigerators and Freezer Key Players Market Share
- Table 2020-2030 South America Biomedical Refrigerators and Freezer Market Size by Type
- Table 2020-2030 Brazil Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Argentina Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Chile Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Peru Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Asia & Pacific Biomedical Refrigerators and Freezer Market Size
- Figure 2020-2030 Asia & Pacific Biomedical Refrigerators and Freezer Market Size and CAGR
- Table 2020-2030 Asia & Pacific Biomedical Refrigerators and Freezer Market Size by Application
- Table 2020-2025 Asia & Pacific Biomedical Refrigerators and Freezer Key Players Revenue
- Table 2020-2025 Asia & Pacific Biomedical Refrigerators and Freezer Key Players Market Share
- Table 2020-2030 Asia & Pacific Biomedical Refrigerators and Freezer Market Size by Type
- Table 2020-2030 China Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 India Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Japan Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 South Korea Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Southeast Asia Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Australia Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Europe Biomedical Refrigerators and Freezer Market Size
- Figure 2020-2030 Europe Biomedical Refrigerators and Freezer Market Size and CAGR
- Table 2020-2030 Europe Biomedical Refrigerators and Freezer Market Size by Application
- Table 2020-2025 Europe Biomedical Refrigerators and Freezer Key Players Revenue
- Table 2020-2025 Europe Biomedical Refrigerators and Freezer Key Players Market Share
- Table 2020-2030 Europe Biomedical Refrigerators and Freezer Market Size by Type
- Table 2020-2030 Germany Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 France Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 United Kingdom Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Italy Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Spain Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Belgium Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Netherlands Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Austria Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Poland Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Russia Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 MEA Biomedical Refrigerators and Freezer Market Size
- Figure 2020-2030 MEA Biomedical Refrigerators and Freezer Market Size and CAGR
- Table 2020-2030 MEA Biomedical Refrigerators and Freezer Market Size by Application
- Table 2020-2025 MEA Biomedical Refrigerators and Freezer Key Players Revenue
- Table 2020-2025 MEA Biomedical Refrigerators and Freezer Key Players Market Share
- Table 2020-2030 MEA Biomedical Refrigerators and Freezer Market Size by Type
- Table 2020-2030 Egypt Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Israel Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 South Africa Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Gulf Cooperation Council Countries Biomedical Refrigerators and Freezer Market Size
- Table 2020-2030 Turkey Biomedical Refrigerators and Freezer Market Size
- Table 2020-2025 Global Biomedical Refrigerators and Freezer Market Size by Region
- Table 2020-2025 Global Biomedical Refrigerators and Freezer Market Size Share by Region
- Table 2020-2025 Global Biomedical Refrigerators and Freezer Market Size by Application
- Table 2020-2025 Global Biomedical Refrigerators and Freezer Market Share by Application
- Table 2020-2025 Global Biomedical Refrigerators and Freezer Key Vendors Revenue
- Figure 2020-2025 Global Biomedical Refrigerators and Freezer Market Size and Growth Rate
- Table 2020-2025 Global Biomedical Refrigerators and Freezer Key Vendors Market Share
- Table 2020-2025 Global Biomedical Refrigerators and Freezer Market Size by Type
- Table 2020-2025 Global Biomedical Refrigerators and Freezer Market Share by Type
- Table 2025-2030 Global Biomedical Refrigerators and Freezer Market Size by Region
- Table 2025-2030 Global Biomedical Refrigerators and Freezer Market Size Share by Region
- Table 2025-2030 Global Biomedical Refrigerators and Freezer Market Size by Application
- Table 2025-2030 Global Biomedical Refrigerators and Freezer Market Share by Application
- Table 2025-2030 Global Biomedical Refrigerators and Freezer Key Vendors Revenue
- Figure 2025-2030 Global Biomedical Refrigerators and Freezer Market Size and Growth Rate
- Table 2025-2030 Global Biomedical Refrigerators and Freezer Key Vendors Market Share
- Table 2025-2030 Global Biomedical Refrigerators and Freezer Market Size by Type
- Table 2025-2030 Biomedical Refrigerators and Freezer Global Market Share by Type
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