Global Ultra-Low Temperature Freezers Market Overview And Prospects
Learn about the global Ultra-low Temperature Freezers market through The Business Research Company, which provides information on ultra-low temperature freezers market size, ultra-low temperature freezers market drivers and restraints, ultra-low temperature freezers market players, the COVID-19 impact on the ultra-low temperature freezers market, and more.
The global ultra-low temperature freezers market size is expected to grow from $805.47 million in 2021 to $851.35 million in 2022 at a compound annual growth rate (CAGR) of 5.7%. The change in the ultra-low temperature freezer market growth trend is mainly due to the companies stabilizing their output after catering to the demand that grew exponentially during the COVID-19 pandemic in 2021. The market is expected to reach $1,064.02 million in 2026 at a CAGR of 5.7%.
The COVID-19 outbreak is propelling the growth of the ultra-low temperature freezer market in the coming years.
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The ultra-low temperature freezers market consists of sales of ultra-low temperature freezers by entities (organizations, sole traders, and partnerships) that manufacture ultra-low temperature freezers. Ultra-low temperature freezers are a form of a freezer that can keep temperatures between-80 and-86 degrees Celsius. An ultra-low temperature freezer is also known as a minus 80 freezer or a negative 80 freezer. Only goods and services traded between entities or sold to end consumers are included.
Global Ultra-Low Temperature Freezers Market Segments Include:
By Type: Chest Freezers, Upright Freezers
By Application: Blood and Blood Products, Organs, Pharmaceuticals, Forensic, Genomic Research
By End-User: Biobanks, Pharmaceutical and Biotechnology Companies, Academic and Research Laboratories, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the ultra-low temperature freezers market in 2021.
Major companies operating in the ultra-low temperature freezers sector are focusing on developing technology advanced solutions for ultra-low temperature freezers.
TBRC’s ultra-low temperature freezers market report covers:
Major Market Players: Arctiko, Eppendorf, Esco Micro Pte Ltd, Haier, Helmer Scientific, Bionics Scientific Technologies (P). Ltd, PHC Holdings Corporation, Labcold Ltd, Remi Group, and Stirling Ultracold.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Ultra-Low Temperature Freezers Global Market Report 2022– Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides ultra-low temperature freezers market overviews, analyzes and forecasts market size, share, ultra-low temperature freezers market players, ultra-low temperature freezers market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s ultra-low temperature freezers market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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