ReportsnReports.com adds Global Biomedical Refrigerator and Freezer Market 2016-2020 latest research report; the analysts forecast global biomedical refrigerator and freezer market to grow at a CAGR of 4.26% during the period 2016-2020.
The global biomedical refrigerator and freezer market analyst said manufacturers are looking out for technologies to maximize efficiency, reliability, and temperature uniformity while minimizing released heat and energy consumption. The use of secondary compressors for cascading compressor configuration is one of the methods recently introduced to meet this goal.
According to the 2016 biomedical refrigerator and freezer market report, increased spending on R&D and expansion of research facilities especially in the field of life sciences are factors contributing to the growth of the market. Increased governmental investments in the biomedical sector will also fuel the market during the forecast period. Order a copy of Global Biomedical Refrigerator and Freezer Market 2016-2020 report @ http://www.reportsnreports.com/Purchase.aspx?name=521064.
Segmentation by End-Users and Analysis of the Biomedical Refrigerator and Freezer market – Blood bank and plasma freezers and Laboratory refrigerators and freezers
In 2015, the blood bank and plasma freezers segment dominated the global biomedical refrigerator and freezer market and accounted for more than 42% of the overall revenue market. Factors such as the extensive application of blood bank and plasma freezers in clinics, blood banks, hospitals, and other diagnostic facilities around the world and rise in blood donation initiatives will bolster the growth prospects of this segment during the forecast period.
Geographical Segmentation and Analysis of the Biomedical Refrigerator and Freezer Market – APAC, Europe, MEA and America
In this market study, the analysts have estimated the Americas to be the largest market for biomedical refrigerator and freezer during the predicted period. The Americas accounted for a market share of more than 44% of the overall revenue. Apart from the significant investments made in the US, the growth of this market will be driven by investments in research facilities from Brazil, Chile, and Columbia.
The global biomedical refrigerator and freezer market is highly consolidated and dominated by the a few top players in the market. These vendors have a strong global presence with support centers worldwide, allowing them to cater to a larger market efficiently. The competitive environment is expected to increase in due to the product extensions, new products, and new applications of the products and services provided.
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Key players in the biomedical refrigerator and freezer market: Eppendorf, Haier BioMedical, Helmer Scientific, and Panasonic Biomedical.
Other prominent vendors in the market are: ARCTIKO, Aegis Scientific, Angelantoni Life Science, Azbil, Binder, Biomedical Solutions, Bionics Scientific Technologies, Fiocchetti, Desmon Scientific, EVERmed, Lab Research Products, Liebherr, Porkka, Kirsch, TERUMO, and Thermo Fisher Scientific.
Further, the biomedical refrigerator and freezer market report states that the high cost of biomedical refrigerators and freezers and increasing competition from local manufacturers are factors that will hinder the growth of the market during the forecast period.
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