Learn about the global medical refrigerators market through The Business Research Company, which provides information on medical refrigerators market size, medical refrigerators market drivers and restraints, medical refrigerators market players, the COVID-19 impact on the medical refrigerators market, and more.

The global medical refrigerators market size is expected to grow from $3.88 billion in 2021 to $4.12 billion in 2022 at a compound annual growth rate (CAGR) of 6.1%. The medical refrigerator market size is expected to grow to $5.23 billion in 2026 at a CAGR of 6.2%.

The rising demand for storing biological products, blood samples, blood reagents, vaccines, DNA samples, and other chemicals is propelling the growth of the medical refrigerator market.

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The medical refrigerator market consists of sales of the refrigerator by entities (organizations, sole traders, and partnerships) that are used to store vaccines and biological samples including blood, blood derivatives, biological reagents, vaccines, pharmaceuticals, flammable chemicals, ribonucleic acid (RBA), and deoxyribonucleic acid (DRA) (DNA). Medical refrigerators have microprocessor-based controls for a more accurate temperature range, as well as fans that offer forced-air circulation to reduce cold/warm spots and encourage a more consistent temperature across the storage compartment. It is used by hospitals, blood banks, diagnostic centres, pharmacies, educational institutions, and research laboratories to store biological materials.

Global medical refrigerators market segments include:
By Product Type: Blood Bank Refrigerator and Plasma Freezer, Laboratory Refrigerator and Freezer, Pharmacy Refrigerator and Freezer, Chromatography Refrigerator and Freezer, Enzyme Refrigerator and Freezer, Ultra-Low-Temperature Freezers, Cryogenic Storage Systems

By Design Type: Explosive-Proof Refrigerators, Undercounter Medical Refrigerators, Countertop Medical Refrigerators, Flammable Material Storage Refrigerators

By Temperature Control Range: Between 2°C and 8°C, Between 0°C and -40°C, Under -40°C

By Volume: Below 50 Litres, 50-200 Litres, 200-400 Litres, 400-600 Litres, More Than 600 Litres

By End-User: Blood Banks, Pharmaceutical Companies, Hospital and Pharmacies, Research Institutes, Medical and Diagnostic Centres

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 medical refrigerators market in 2021

Technological advancements are shaping the medical refrigerator market. Many companies are developing new technologies for medical refrigerators for storing medicines and blood to help the medical industry enhance their storing ability and use products in long run.

TBRC’s medical refrigerators market report covers:

Major Market Players: Thermo Fisher Scientific Inc., Blue Star Limited, Haier Biomedical, Helmer Scientific Inc., Vestfrost Solutions, Zhongke Meiling Cyrogenics Company Limited, Philips Kirsch GmbH, LEC Medical, Panasonic, Froilabo SAS, LabRepCo LLC, Aucma, Standex International Corporation, Godrej Group, Fiochetti, PHC Holdings Corporation, Follett LLC, Labcold, Dulas Ltd, HMG India, Felix Storch Inc, SO-LOW, Indrel, Eppendorf AG, and Migali Scientific.

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 Medical Refrigerators 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 medical refrigerators market overviews, analyzes and forecasts market size, share, medical refrigerators market players, medical refrigerators market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s medical refrigerators market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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