Ultra-low temperature freezers (ULT freezers) typically have a temperature lower than -40?C and are used for the storage of drugs, enzymes, chemicals, viruses, bacteria, cell preparations, and tissue samples, among others.
Geographically, North America dominated the global laboratory freezers market in 2017. The large share of this regional segment can be attributed to the presence of developed healthcare systems in the U.S. & Canada and growing R&D spending on pharmaceuticals & biotechnology in this region. However, the Asia-Pacific region is expected to register the highest growth in the coming years, due to a growth in research activities & pharmaceutical manufacturing and increasing investments by leading players and respective government agencies in emerging APAC countries.
Each of the Ultra-low Temperature Freezer manufacturers has its own mature sales networks. To achieve better sales businesses, Ultra-low Temperature Freezer manufacturers usually invest on their marketing channel infrastructure every year.
According to this study, over the next five years the Ultra-low Temperature Freezers (ULT Freezers) market will register a 4.1% CAGR in terms of revenue, the global market size will reach USD 980 million by 2024, from USD 770 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Ultra-low Temperature Freezers (ULT Freezers) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Ultra-low Temperature Freezers (ULT Freezers) market by product type, application, key manufacturers and key regions and countries.
This study considers the Ultra-low Temperature Freezers (ULT Freezers) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Upright Freezer
Chest Freezer
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Corporate Laboratories
Hospitals and Blood Center
Universities and Research Institutions
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Thermo
Panasonic
Eppendorf
So-Low
Nuaire
IlShin
Binder
Froilabo
Haier
GFL
Operon
VWR
Esco Global
Aucma
Nihon Freezer
Zhongke Meiling
Coolingway
Azbil Telstar
Daihan
Arctiko
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Ultra-low Temperature Freezers (ULT Freezers) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Ultra-low Temperature Freezers (ULT Freezers) market by identifying its various subsegments.
Focuses on the key global Ultra-low Temperature Freezers (ULT Freezers) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Ultra-low Temperature Freezers (ULT Freezers) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Ultra-low Temperature Freezers (ULT Freezers) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
