The Ultra-low Temperature Freezers (ULT freezers) are the type of bio-freezers that utilized for the preservation of viruses, bacteria, drugs, enzymes, chemicals, cell preparations and tissue samples among others. They generally have a temperature range of – 45C to – 86C. There are majorly two types of ULT freezers; Upright and Chest ULT freezers.The global market for Ultra-Low Temperature Freezer is expected to reach USD 701.4 million by the end of the forecasted period and is expected to grow at a CAGR of 2.7%.
World Ultra-Low Temperature Freezer Market Key Finding:
The global ultra-low temperature freezer market and is expected to reach USD 701.4 million by 2022.
Regionally, North America holds the largest market share for global Ultra-low temperature freezer market and is expected to reach USD 393.9 million by 2022.
Asia-Pacific market is expected to be the fastest growing market, and expected to reach at USD 152.5 million by 2022.
On the basis of type, upright ULT freezers segment holds largest market share.
Key Players for Global Ultra-Low Temperature Freezer Market:
Some of the key players in this market are: Panasonic Healthcare Corporation of North America, VWR International, Helmer Scientific, Haier, Eppendrof AG, Thermofisher Scientific Inc. and others.
Global Ultra-low temperature freezer market has been segmented on the basis of type which comprises of upright ULT freezers, chest ULT freezers. On the basis of end user; market is segmented into bio-banks, hospital, academic & research institute and others.
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Regional Analysis of Global Ultra-Low Temperature Freezer Market:
Globally North America is the largest market for ultra-low temperature freezer. The North American market for Ultra-low temperature freezer is expected to reach at USD 393.9 Million by the end of the forecasted period.
Europe is the second-largest market for ultra-low temperature freezer which is expected to grow at a CAGR of 2.8%. Asia pacific region is expected to be fastest growing region in Ultra-low temperature freezer market.
Major TOC of Ultra-Low Temperature Freezer Market:
1.2 SCOPE OF STUDY
1.3 RESEARCH OBJECTIVE
1.4 ASSUMPTIONS & LIMITATIONS
1.5 MARKET STRUCTURE
2 RESEARCH METHODOLOGY
2.1 RESEARCH PROCESS
2.2 PRIMARY RESEARCH
2.3 SECONDARY RESEARCH
3 MARKET DYNAMICS
3.1.1 GROWING PREVALENCE OF CHRONIC DISEASES
3.1.2 NEED FOR HIGH-EFFICIENCY PRODUCTS
3.1.3 ALTERNATIVE REFRIGERATION CYCLES: BETTER OPTION OVER CONVENTIONAL CASCADE
3.1.4 DEMAND FOR ENVIRONMENT-FRIENDLY REFRIGERATORS
3.1.5 INCREASING BIOMEDICAL R&D SPENDING IN ASIAN COUNTRIES
3.2.1 HIGH COST AND MAINTENANCE
3.2.2 ETHICAL ISSUE RELATED TO EMBRYOS FREEZING
3.3.1 ENERGY EFFICIENT DESIGNS
4 MARKET FACTOR ANALYSIS
4.1 VALUE CHAIN ANALYSIS
4.1.1 RESEARCH & PRODUCT DEVELOPMENT
4.1.2 COMPONENT MANUFACTURING
4.1.5 MARKETING & SALES
4.1.6 POST-SALES SERVICES
4.2 PORTER’S FIVE FORCES MODEL
4.2.1 BARGAINING POWER OF SUPPLIERS
4.2.2 BARGAINING POWER OF BUYERS
4.2.3 THREAT OF NEW ENTRANTS
4.2.4 THREAT OF SUBSTITUTES
4.2.5 INTENSITY OF RIVALRY
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LIST OF TABLES:
TABLE 1 GLOBAL ULTRA-LOW TEMPERATURE FREEZER MARKET, BY TYPE, 2013-2022 (USD MILLION)
TABLE 2 GLOBAL UPRIGHT ULTRA-LOW TEMPERATURE FREEZER MARKET, BY REGION, 2013-2022 (USD MILLION)
TABLE 3 GLOBAL CHEST ULTRA-LOW TEMPERATURE FREEZER MARKET, BY REGION, 2013-2022 (USD MILLION)
TABLE 4 GLOBAL ULTRA-LOW TEMPERATURE FREEZER MARKET, BY END USER, 2013 TO 2022 (USD MILLION)
TABLE 5 GLOBAL ULTRA-LOW TEMPERATURE FREEZER MARKET, FOR BIO-BANKS, BY REGION, 2013 TO 2022 (USD MILLION)
TABLE 6 GLOBAL ULTRA-LOW TEMPERATURE FREEZER MARKET, FOR HOSPITALS & CLINICS, BY REGION, 2013 TO 2022 (USD MILLION)
TABLE 7 GLOBAL ULTRA-LOW TEMPERATURE FREEZER MARKET, FOR ACADEMIC & RESEARCH LABORATORIES, BY REGION, 2013 TO 2022 (USD MILLION)
LIST OF FIGURES:
FIGURE 1 DRIVERS & RESTRAINTS IMPACT ANALYSIS OF GLOBAL ULTRA-LOW TEMPERATURE FREEZERS MARKET
FIGURE 2 BIOMEDICAL R&D SPENDING BY ASIAN COUNTRIES
FIGURE 3 VALUE CHAIN: MEDICAL EQUIPMENT
FIGURE 4 PORTER’S 5 FORCES ANALYSIS OF GLOBAL ULTRA-LOW TEMPERATURE FREEZERS MARKET
FIGURE 5 GLOBAL ULTRA-LOW TEMPERATURE FREEZER MARKET, BY TYPE, 2015 (%)
FIGURE 6 GLOBAL ULTRA-LOW TEMPERATURE FREEZER MARKET SHARE, BY END USERS (2015)
FIGURE 7 GLOBAL ULTRA-LOW TEMPERATURE FREEZER MARKET, BY REGION, 2015 & 2022 (USD MILLION)
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