Product Code: IRTNTR76432
The blood bank refrigerators market is forecasted to grow by USD 403.05 mn during 2022-2027, accelerating at a CAGR of 6.29% during the forecast period. The report on the blood bank refrigerators market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in number of road accidents and sports injuries, rising number of hospitals and blood banks, and increasing number of surgical, dialysis, and blood transfusion procedures.
Technavio's blood bank refrigerators market is segmented as below:
Market Scope |
Base Year | 2022 |
End Year | 2027 |
Series Year | 2023-2027 |
Growth Momentum | Accelerate |
YOY 2023 | 5.46% |
CAGR | 6.29% |
Incremental Value | $403.05mn |
By Product
- Standard electric refrigerators
- Solar-powered refrigerators
- Ice-lined refrigerators
By End-user
- Hospitals and diagnostic centers
- Stand-alone blood bank centers
- Others
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the presence of value-added software and hardware products as one of the prime reasons driving the blood bank refrigerators market growth during the next few years. Also, growing number of product launches by market vendors and growing focus on traditional strategies like acquisition by market vendors will lead to sizable demand in the market.
The report on the blood bank refrigerators market covers the following areas:
- Blood bank refrigerators market sizing
- Blood bank refrigerators market forecast
- Blood bank refrigerators market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading blood bank refrigerators market vendors that include Aegis Scientific, ARCTIKO AS, Azenta Inc., BioLife Solutions Inc., Calibre Scientific Inc., Cardinal Health Inc., Climatic Testing Systems Inc., Eppendorf SE, Haier Smart Home Co. Ltd., LabRepCo LLC, Liebherr International Deutschland GmbH, Migali Industries Inc., Perley Halladay Associates Inc., PHC Holdings Corp., Philipp Kirsch GmbH, So Low Environmental Equipment Co. Inc., Stericox India Pvt. Ltd., The Middleby Corp., Thermo Fisher Scientific Inc., and Trane Technologies Plc. Also, the blood bank refrigerators market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary €" Chart on Market Overview
- Exhibit 02: Executive Summary €" Data Table on Market Overview
- Exhibit 03: Executive Summary €" Chart on Global Market Characteristics
- Exhibit 04: Executive Summary €" Chart on Market By Geographical Landscape
- Exhibit 05: Executive Summary €" Chart on Market Segmentation by Product
- Exhibit 06: Executive Summary €" Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary €" Chart on Incremental Growth
- Exhibit 08: Executive Summary €" Data Table on Incremental Growth
- Exhibit 09: Executive Summary €" Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global blood bank refrigerators market 2017 - 2021
- Exhibit 18: Historic Market Size €" Data Table on global blood bank refrigerators market 2017 - 2021 ($ million)
- 4.2 Product Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size €" Product Segment 2017 - 2021 ($ million)
- 4.3 End-user Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size €" End-user Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size €" Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size €" Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers €" Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers €" Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants €" Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes €" Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry €" Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Product
- 6.1 Market segments
- Exhibit 30: Chart on Product - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
- 6.2 Comparison by Product
- Exhibit 32: Chart on Comparison by Product
- Exhibit 33: Data Table on Comparison by Product
- 6.3 Standard electric refrigerators - Market size and forecast 2022-2027
- Exhibit 34: Chart on Standard electric refrigerators - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Standard electric refrigerators - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Standard electric refrigerators - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Standard electric refrigerators - Year-over-year growth 2022-2027 (%)
- 6.4 Solar-powered refrigerators - Market size and forecast 2022-2027
- Exhibit 38: Chart on Solar-powered refrigerators - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Solar-powered refrigerators - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Solar-powered refrigerators - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Solar-powered refrigerators - Year-over-year growth 2022-2027 (%)
- 6.5 Ice-lined refrigerators - Market size and forecast 2022-2027
- Exhibit 42: Chart on Ice-lined refrigerators - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on Ice-lined refrigerators - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on Ice-lined refrigerators - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on Ice-lined refrigerators - Year-over-year growth 2022-2027 (%)
- 6.6 Market opportunity by Product
- Exhibit 46: Market opportunity by Product ($ million)
- Exhibit 47: Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
- Exhibit 48: Chart on End-user - Market share 2022-2027 (%)
- Exhibit 49: Data Table on End-user - Market share 2022-2027 (%)
- 7.2 Comparison by End-user
- Exhibit 50: Chart on Comparison by End-user
- Exhibit 51: Data Table on Comparison by End-user
- 7.3 Hospitals and diagnostic centers - Market size and forecast 2022-2027
- Exhibit 52: Chart on Hospitals and diagnostic centers - Market size and forecast 2022-2027 ($ million)
- Exhibit 53: Data Table on Hospitals and diagnostic centers - Market size and forecast 2022-2027 ($ million)
- Exhibit 54: Chart on Hospitals and diagnostic centers - Year-over-year growth 2022-2027 (%)
- Exhibit 55: Data Table on Hospitals and diagnostic centers - Year-over-year growth 2022-2027 (%)
- 7.4 Stand-alone blood bank centers - Market size and forecast 2022-2027
- Exhibit 56: Chart on Stand-alone blood bank centers - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Data Table on Stand-alone blood bank centers - Market size and forecast 2022-2027 ($ million)
- Exhibit 58: Chart on Stand-alone blood bank centers - Year-over-year growth 2022-2027 (%)
- Exhibit 59: Data Table on Stand-alone blood bank centers - Year-over-year growth 2022-2027 (%)
- 7.5 Others - Market size and forecast 2022-2027
- Exhibit 60: Chart on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Data Table on Others - Market size and forecast 2022-2027 ($ million)
- Exhibit 62: Chart on Others - Year-over-year growth 2022-2027 (%)
- Exhibit 63: Data Table on Others - Year-over-year growth 2022-2027 (%)
- 7.6 Market opportunity by End-user
- Exhibit 64: Market opportunity by End-user ($ million)
- Exhibit 65: Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 67: Chart on Market share By Geographical Landscape 2022-2027 (%)
- Exhibit 68: Data Table on Market share By Geographical Landscape 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 69: Chart on Geographic comparison
- Exhibit 70: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 71: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 72: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 73: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 74: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 75: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 76: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 77: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 78: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 Asia - Market size and forecast 2022-2027
- Exhibit 79: Chart on Asia - Market size and forecast 2022-2027 ($ million)
- Exhibit 80: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
- Exhibit 81: Chart on Asia - Year-over-year growth 2022-2027 (%)
- Exhibit 82: Data Table on Asia - Year-over-year growth 2022-2027 (%)
- 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
- Exhibit 83: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
- Exhibit 84: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
- Exhibit 85: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
- Exhibit 86: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
- 9.7 US - Market size and forecast 2022-2027
- Exhibit 87: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 88: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 89: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 90: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.8 Germany - Market size and forecast 2022-2027
- Exhibit 91: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 92: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 93: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 94: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.9 UK - Market size and forecast 2022-2027
- Exhibit 95: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 96: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 97: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 98: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.10 Canada - Market size and forecast 2022-2027
- Exhibit 99: Chart on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 100: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
- Exhibit 101: Chart on Canada - Year-over-year growth 2022-2027 (%)
- Exhibit 102: Data Table on Canada - Year-over-year growth 2022-2027 (%)
- 9.11 China - Market size and forecast 2022-2027
- Exhibit 103: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 104: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 105: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 106: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.12 Market opportunity By Geographical Landscape
- Exhibit 107: Market opportunity By Geographical Landscape ($ million)
- Exhibit 108: Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 109: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 111: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 112: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 113: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 114: Matrix on vendor position and classification
- 12.3 Aegis Scientific
- Exhibit 115: Aegis Scientific - Overview
- Exhibit 116: Aegis Scientific - Product / Service
- Exhibit 117: Aegis Scientific - Key offerings
- 12.4 ARCTIKO AS
- Exhibit 118: ARCTIKO AS - Overview
- Exhibit 119: ARCTIKO AS - Product / Service
- Exhibit 120: ARCTIKO AS - Key offerings
- 12.5 Azenta Inc.
- Exhibit 121: Azenta Inc. - Overview
- Exhibit 122: Azenta Inc. - Business segments
- Exhibit 123: Azenta Inc. - Key offerings
- Exhibit 124: Azenta Inc. - Segment focus
- 12.6 BioLife Solutions Inc.
- Exhibit 125: BioLife Solutions Inc. - Overview
- Exhibit 126: BioLife Solutions Inc. - Product / Service
- Exhibit 127: BioLife Solutions Inc. - Key offerings
- 12.7 Cardinal Health Inc.
- Exhibit 128: Cardinal Health Inc. - Overview
- Exhibit 129: Cardinal Health Inc. - Business segments
- Exhibit 130: Cardinal Health Inc. - Key news
- Exhibit 131: Cardinal Health Inc. - Key offerings
- Exhibit 132: Cardinal Health Inc. - Segment focus
- 12.8 Climatic Testing Systems Inc.
- Exhibit 133: Climatic Testing Systems Inc. - Overview
- Exhibit 134: Climatic Testing Systems Inc. - Product / Service
- Exhibit 135: Climatic Testing Systems Inc. - Key offerings
- 12.9 Eppendorf SE
- Exhibit 136: Eppendorf SE - Overview
- Exhibit 137: Eppendorf SE - Product / Service
- Exhibit 138: Eppendorf SE - Key news
- Exhibit 139: Eppendorf SE - Key offerings
- 12.10 Haier Smart Home Co. Ltd.
- Exhibit 140: Haier Smart Home Co. Ltd. - Overview
- Exhibit 141: Haier Smart Home Co. Ltd. - Business segments
- Exhibit 142: Haier Smart Home Co. Ltd. - Key offerings
- Exhibit 143: Haier Smart Home Co. Ltd. - Segment focus
- 12.11 LabRepCo LLC
- Exhibit 144: LabRepCo LLC - Overview
- Exhibit 145: LabRepCo LLC - Product / Service
- Exhibit 146: LabRepCo LLC - Key offerings
- 12.12 Liebherr International Deutschland GmbH
- Exhibit 147: Liebherr International Deutschland GmbH - Overview
- Exhibit 148: Liebherr International Deutschland GmbH - Product / Service
- Exhibit 149: Liebherr International Deutschland GmbH - Key news
- Exhibit 150: Liebherr International Deutschland GmbH - Key offerings
- 12.13 PHC Holdings Corp.
- Exhibit 151: PHC Holdings Corp. - Overview
- Exhibit 152: PHC Holdings Corp. - Business segments
- Exhibit 153: PHC Holdings Corp. - Key offerings
- Exhibit 154: PHC Holdings Corp. - Segment focus
- 12.14 Stericox India Pvt. Ltd.
- Exhibit 155: Stericox India Pvt. Ltd. - Overview
- Exhibit 156: Stericox India Pvt. Ltd. - Product / Service
- Exhibit 157: Stericox India Pvt. Ltd. - Key offerings
- 12.15 The Middleby Corp.
- Exhibit 158: The Middleby Corp. - Overview
- Exhibit 159: The Middleby Corp. - Business segments
- Exhibit 160: The Middleby Corp. - Key offerings
- Exhibit 161: The Middleby Corp. - Segment focus
- 12.16 Thermo Fisher Scientific Inc.
- Exhibit 162: Thermo Fisher Scientific Inc. - Overview
- Exhibit 163: Thermo Fisher Scientific Inc. - Business segments
- Exhibit 164: Thermo Fisher Scientific Inc. - Key news
- Exhibit 165: Thermo Fisher Scientific Inc. - Key offerings
- Exhibit 166: Thermo Fisher Scientific Inc. - Segment focus
- 12.17 Trane Technologies Plc
- Exhibit 167: Trane Technologies Plc - Overview
- Exhibit 168: Trane Technologies Plc - Business segments
- Exhibit 169: Trane Technologies Plc - Key news
- Exhibit 170: Trane Technologies Plc - Key offerings
- Exhibit 171: Trane Technologies Plc - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 172: Inclusions checklist
- Exhibit 173: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 174: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 175: Research methodology
- Exhibit 176: Validation techniques employed for market sizing
- Exhibit 177: Information sources
- 13.5 List of abbreviations
- Exhibit 178: List of abbreviations
- growth due to the increasing number of tests for infectious and chronic diseases: The incidence of infectious and chronic diseases has increased over the past decade. The outbreak of the COVID-19 pandemic in 2020 has increased the demand for laboratory testing for COVID-19 across the world. An increase in demand for laboratory testing for infectious diseases, such as COVID-19 and chronic diseases, will be a driver for the life sciences tools and services industry in the future. The growth of the tools and services industry will continue to be strong in emerging markets such as China and India. Developed economies such as Japan and the EU will exhibit moderate growth rates.
- product development to decrease prices: As the pricing pressure increases, life sciences tools manufacturers will have to rethink product development processes. A value first product design philosophy can help control costs and deliver what customers value the most.