The Laboratory Freezers Market is expected to register a CAGR of 5.8% from 2025 to 2031, with a market size expanding from US$ XX million in 2024 to US$ XX Million by 2031.
The report is segmented by Product (Freezers, Refrigerators, Cryopreservation Systems). Futher, it is segmented based on End User (Hospitals, Pharmacies, Pharmaceutical and Biotechnology Companies, Academic and Research Institutes, Medical Laboratories, Blood Banks). The global analysis is further broken-down at regional level and major countries. The report offers the value in USD for the above analysis and segments.
Purpose of the ReportThe report Laboratory Freezers Market by The Insight Partners aims to describe the present landscape and future growth, top driving factors, challenges, and opportunities. This will provide insights to various business stakeholders, such as:
- Technology Providers/Manufacturers: To understand the evolving market dynamics and know the potential growth opportunities, enabling them to make informed strategic decisions.
- Investors: To conduct a comprehensive trend analysis regarding the market growth rate, market financial projections, and opportunities that exist across the value chain.
- Regulatory bodies: To regulate policies and police activities in the market with the aim of minimizing abuse, preserving investor trust and confidence, and upholding the integrity and stability of the market.
Laboratory Freezers Market Segmentation
Product- Freezers
- Refrigerators
- Cryopreservation Systems
- Hospitals
- Pharmacies
- Pharmaceutical and Biotechnology Companies
- Academic and Research Institutes
- Medical Laboratories
- Blood Banks
Strategic Insights
Laboratory Freezers Market Growth Drivers- Growth of Biobanking and Related Long-term Storage in Biological Samples: Demand for biobanking and related long-term storage of biological samples accelerates the growth of the lab freezers market. With increased research across institutions and care centers focusing on preservative samples for further studies, the demand for reliable, high-performance freezers has taken a proportionate edge.
- Increased Focus on R and D: The increasing focus on research and development in pharmaceuticals, biotechnology, and healthcare is significantly driving the market for laboratory freezers. Such industries require advanced storage equipment to preserve samples so that successful experimentation and product development processes can be achieved in scientific research.
- Refrigeration Technology Advancement: Improvement in the aspects of refrigeration technology drives the laboratory freezer market. An increase in energy efficiency, uniform temperature, and advanced control system improves performance, making them more appealing to laboratories in search of reliable and inexpensive methods for the preservation of sensitive samples that increase expanded opportunities in the market.
- Migrating Towards Eco-Friendly Refrigeration: The laboratory freezer market is shifting from old refrigeration technologies towards more eco-friendly ones. Manufacturers are adopting environmentally friendly types of refrigerants and energy efficient designs as concerns over the dramatic impacts of climate change both globally and by regulatory bodies have resulted in reduced carbon footprint for laboratory operations.
- Smart and Connected Freezers: It is supposed to change the market especially with how the smart and connected laboratory freezers are being developed. These will use IoT technology to monitor in real-time and send alerts for optimum storage conditions, thus ensuring that samples are under optimal conditions, improving the operation and safety through proactive management of temperature fluctuations.
- Introduction of Customization and Modular Solutions: This includes a trend of consumers seeking highly customized and modular laboratory freezers. Because of this, labs are looking for solutions that are tailored to the storage needs of an individual so they can change according to new demands with overall functionality and efficiency improved by their storage system.
- Rising Compliance Mandates Due to Regulations: In pharmaceutical and biotechnology industries, strict compliance with regulatory demands is fuelling the requirement for high-quality laboratory freezers. The necessity to abide by the guidelines on sample storage and handling increases dependence on dependable storage solutions, which subsequently enhances demand in the market.
- Expansion in Emerging Markets: Infrastructure growth within the healthcare sector is huge in emerging markets and continues to be a massive opportunity for the laboratory freezers market. Increasing research and clinical lab investments, along with the rising awareness of quality controls during sample storage, push up the demand for reliable solutions in laboratory refrigeration.
- Developing Advanced Storage Solutions: New opportunities emerge from advanced storage solutions, including ultra-low temperature freezers and cryogenic storage systems. Such specialized storage solutions have become a necessity in the increasing demand for preserving sensitive biological materials, including stem cells and genetic samples, in research and medical applications.
Market Report Scope
Key Selling Points
- Comprehensive Coverage: The report comprehensively covers the analysis of products, services, types, and end users of the Laboratory Freezers Market, providing a holistic landscape.
- Expert Analysis: The report is compiled based on the in-depth understanding of industry experts and analysts.
- Up-to-date Information: The report assures business relevance due to its coverage of recent information and data trends.
- Customization Options: This report can be customized to cater to specific client requirements and suit the business strategies aptly.
The research report on the Laboratory Freezers Market can, therefore, help spearhead the trail of decoding and understanding the industry scenario and growth prospects. Although there can be a few valid concerns, the overall benefits of this report tend to outweigh the disadvantages.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Have a question?
Mrinal
Mrinal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
North America region accounts for highest revenue share in laboratory freezers market.
The growth of biobanking and related long-term storage in biological samples and refrigeration technology advancement are the major factors boosting the laboratory freezers market growth.
The laboratory freezers market is expected to grow at a CAGR of 5.8%.
The final report will duly include market size and projection estimates for all the segments from 2021 to 2031, along with a revenue share and compound annual growth rate (%) for the regional/country-wise market wherein 2021-2022 are the historic years, 2023 is considered to be the base year, and the forecast will be provided till 2031, along with CAGR (%).
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2023 - 2031).
Thermo Fisher Scientific Inc., Eppendorf AG, PHC Holdings Corporation are the major companies operating in the laboratory freezers market.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Laboratory Freezers Market - By Product
1.3.2 Laboratory Freezers Market - By End User
1.3.3 Laboratory Freezers Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. LABORATORY FREEZERS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. LABORATORY FREEZERS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. LABORATORY FREEZERS MARKET - GLOBAL MARKET ANALYSIS
6.1. LABORATORY FREEZERS - GLOBAL MARKET OVERVIEW
6.2. LABORATORY FREEZERS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. LABORATORY FREEZERS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. FREEZERS
7.3.1. Overview
7.3.2. Freezers Market Forecast and Analysis
7.4. REFRIGERATORS
7.4.1. Overview
7.4.2. Refrigerators Market Forecast and Analysis
7.5. CRYOPRESERVATION SYSTEMS
7.5.1. Overview
7.5.2. Cryopreservation Systems Market Forecast and Analysis
8. LABORATORY FREEZERS MARKET - REVENUE AND FORECASTS TO 2028 - END USER
8.1. OVERVIEW
8.2. END USER MARKET FORECASTS AND ANALYSIS
8.3. HOSPITALS
8.3.1. Overview
8.3.2. Hospitals Market Forecast and Analysis
8.4. PHARMACIES
8.4.1. Overview
8.4.2. Pharmacies Market Forecast and Analysis
8.5. PHARMACEUTICAL AND BIOTECHNOLOGY COMPANIES
8.5.1. Overview
8.5.2. Pharmaceutical and Biotechnology Companies Market Forecast and Analysis
8.6. ACADEMIC AND RESEARCH INSTITUTES
8.6.1. Overview
8.6.2. Academic and Research Institutes Market Forecast and Analysis
8.7. MEDICAL LABORATORIES
8.7.1. Overview
8.7.2. Medical Laboratories Market Forecast and Analysis
8.8. BLOOD BANKS
8.8.1. Overview
8.8.2. Blood Banks Market Forecast and Analysis
9. LABORATORY FREEZERS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Laboratory Freezers Market Overview
9.1.2 North America Laboratory Freezers Market Forecasts and Analysis
9.1.3 North America Laboratory Freezers Market Forecasts and Analysis - By Product
9.1.4 North America Laboratory Freezers Market Forecasts and Analysis - By End User
9.1.5 North America Laboratory Freezers Market Forecasts and Analysis - By Countries
9.1.5.1 United States Laboratory Freezers Market
9.1.5.1.1 United States Laboratory Freezers Market by Product
9.1.5.1.2 United States Laboratory Freezers Market by End User
9.1.5.2 Canada Laboratory Freezers Market
9.1.5.2.1 Canada Laboratory Freezers Market by Product
9.1.5.2.2 Canada Laboratory Freezers Market by End User
9.1.5.3 Mexico Laboratory Freezers Market
9.1.5.3.1 Mexico Laboratory Freezers Market by Product
9.1.5.3.2 Mexico Laboratory Freezers Market by End User
9.2. EUROPE
9.2.1 Europe Laboratory Freezers Market Overview
9.2.2 Europe Laboratory Freezers Market Forecasts and Analysis
9.2.3 Europe Laboratory Freezers Market Forecasts and Analysis - By Product
9.2.4 Europe Laboratory Freezers Market Forecasts and Analysis - By End User
9.2.5 Europe Laboratory Freezers Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Laboratory Freezers Market
9.2.5.1.1 Germany Laboratory Freezers Market by Product
9.2.5.1.2 Germany Laboratory Freezers Market by End User
9.2.5.2 France Laboratory Freezers Market
9.2.5.2.1 France Laboratory Freezers Market by Product
9.2.5.2.2 France Laboratory Freezers Market by End User
9.2.5.3 Italy Laboratory Freezers Market
9.2.5.3.1 Italy Laboratory Freezers Market by Product
9.2.5.3.2 Italy Laboratory Freezers Market by End User
9.2.5.4 Spain Laboratory Freezers Market
9.2.5.4.1 Spain Laboratory Freezers Market by Product
9.2.5.4.2 Spain Laboratory Freezers Market by End User
9.2.5.5 United Kingdom Laboratory Freezers Market
9.2.5.5.1 United Kingdom Laboratory Freezers Market by Product
9.2.5.5.2 United Kingdom Laboratory Freezers Market by End User
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Laboratory Freezers Market Overview
9.3.2 Asia-Pacific Laboratory Freezers Market Forecasts and Analysis
9.3.3 Asia-Pacific Laboratory Freezers Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Laboratory Freezers Market Forecasts and Analysis - By End User
9.3.5 Asia-Pacific Laboratory Freezers Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Laboratory Freezers Market
9.3.5.1.1 Australia Laboratory Freezers Market by Product
9.3.5.1.2 Australia Laboratory Freezers Market by End User
9.3.5.2 China Laboratory Freezers Market
9.3.5.2.1 China Laboratory Freezers Market by Product
9.3.5.2.2 China Laboratory Freezers Market by End User
9.3.5.3 India Laboratory Freezers Market
9.3.5.3.1 India Laboratory Freezers Market by Product
9.3.5.3.2 India Laboratory Freezers Market by End User
9.3.5.4 Japan Laboratory Freezers Market
9.3.5.4.1 Japan Laboratory Freezers Market by Product
9.3.5.4.2 Japan Laboratory Freezers Market by End User
9.3.5.5 South Korea Laboratory Freezers Market
9.3.5.5.1 South Korea Laboratory Freezers Market by Product
9.3.5.5.2 South Korea Laboratory Freezers Market by End User
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Laboratory Freezers Market Overview
9.4.2 Middle East and Africa Laboratory Freezers Market Forecasts and Analysis
9.4.3 Middle East and Africa Laboratory Freezers Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Laboratory Freezers Market Forecasts and Analysis - By End User
9.4.5 Middle East and Africa Laboratory Freezers Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Laboratory Freezers Market
9.4.5.1.1 South Africa Laboratory Freezers Market by Product
9.4.5.1.2 South Africa Laboratory Freezers Market by End User
9.4.5.2 Saudi Arabia Laboratory Freezers Market
9.4.5.2.1 Saudi Arabia Laboratory Freezers Market by Product
9.4.5.2.2 Saudi Arabia Laboratory Freezers Market by End User
9.4.5.3 U.A.E Laboratory Freezers Market
9.4.5.3.1 U.A.E Laboratory Freezers Market by Product
9.4.5.3.2 U.A.E Laboratory Freezers Market by End User
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Laboratory Freezers Market Overview
9.5.2 South and Central America Laboratory Freezers Market Forecasts and Analysis
9.5.3 South and Central America Laboratory Freezers Market Forecasts and Analysis - By Product
9.5.4 South and Central America Laboratory Freezers Market Forecasts and Analysis - By End User
9.5.5 South and Central America Laboratory Freezers Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Laboratory Freezers Market
9.5.5.1.1 Brazil Laboratory Freezers Market by Product
9.5.5.1.2 Brazil Laboratory Freezers Market by End User
9.5.5.2 Argentina Laboratory Freezers Market
9.5.5.2.1 Argentina Laboratory Freezers Market by Product
9.5.5.2.2 Argentina Laboratory Freezers Market by End User
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. LABORATORY FREEZERS MARKET, KEY COMPANY PROFILES
11.1. THERMO FISHER SCIENTIFIC INC.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. EPPENDORF AG
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. PHC HOLDINGS CORPORATION
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. HAIER
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HELMER SCIENTIFIC
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. BIOMEDICAL SOLUTIONS, INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. PHILIPP KIRSCH GMBH
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. EVERMED S.R.L.
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. VWR INTERNATIONAL, LLC.
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. ARCTIKO
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. Thermo Fisher Scientific Inc.2. Eppendorf AG3. PHC Holdings Corporation4. Haier5. Helmer Scientific6. BioMedical Solutions, Inc.7. Philipp Kirsch GmbH8. EVERMED s.r.l.9. VWR International, LLC.10. Arctiko
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Get Free Sample For