Ultra Low Temperature Freezer Market Scope And Analysis

  • Report Code : TIPRE00007339
  • Category : Medical Device
  • No. of Pages : 150
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Ultra-Low Temperature Freezer Market Analysis, Trends, and Scope 2021 to 2022

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Ultra-Low Temperature Freezer Market Report Ultra-Low Temperature Freezer Market Size and Share Ultra-Low Temperature Freezer Market Scope and Analysis

Ultra-Low Temperature Freezer Market Report Scope

Report Attribute Details
Market size in 2022 US$ 619.89 Million
Market Size by 2030 US$ 902.08 Million
Global CAGR (2022 - 2030) 4.8%
Historical Data 2020-2022
Forecast period 2022-2030
Segments Covered By Type
  • Chest Freezers and Upright Freezers
By Application
  • Blood and Blood Products
  • Organ
  • Pharmaceuticals
  • Forensic and Genomic Research
By Technology
  • Semi-Automatic and Automatic
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Thermo Fisher Scientific Inc
  • Godrej Group
  • Haier Group Corporation
  • Blue Star Limited
  • Helmer Scientific Inc
  • PHC Holdings
  • BioLife Solutions Inc
  • Eppendorf SE
  • Meling Biomedical

    • Industry Developments and Future Opportunities: 

    Various initiatives by key players operating in the ultra-low temperature freezer market are listed below:

    1. In May 2023, PHC Corporation of North America (PHCNA) announced that the PHCbi brand VIP ECO SMART ultra-low temperature freezer has been awarded the prestigious Outstanding New Product Award for 2023 by the International Society for Biological and Environmental Repositories (ISBER). The product is designed for use in a range of facilities such as universities, medical institutions, and pharmaceutical companies.
    2. In February 2023, PHC Corporation of North America (PHCNA) launched PHCbi brand VIP ECO SMART ultra-low temperature freezer series. This new series is built upon innovative and reliable ultra-low temperature freezers to offer enhanced energy-saving performance while improving security and usability.

    Competitive Landscape and Key Companies:

    Thermo Fisher Scientific Inc, Godrej Group, Haier Group Corporation, Blue Star Limited, Helmer Scientific Inc, PHC Holdings, BioLife Solutions Inc, Eppendorf SE, Meling Biomedical, and Arctiko are among the prominent players operating in the ultra-low temperature freezer market. These companies focus on new product launches and geographic expansions to meet the growing consumer demand worldwide and increase their product range in specialty portfolios. Their global presence allows them to serve a large base of customers, subsequently facilitating market expansion.