Market Overview:
The global laboratory ovens and freezers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for laboratory ovens and freezers from research and testing laboratories, pharmaceutical and healthcare facilities, and food processing industries. In addition, the growing trend of miniaturization is also contributing to the growth of this market. On the basis of type, the global laboratory ovens and freezers market can be segmented into laboratory refrigerator, explosion proof refrigerator, portable refrigerator, sub-zero refrigerator, walk-in refrigerator. The sub-zero refrigerators segment is expected to grow at a highest CAGR during the forecast period owing to its ability to maintain low temperatures even in high ambient temperatures.
Product Definition:
A laboratory oven is a type of oven used in scientific or industrial laboratories for heating materials, components, or samples. Laboratory freezers are used to store materials at very low temperatures. Both laboratory ovens and freezers are important tools for scientists and researchers because they allow them to heat or cool items as needed for their work.
Laboratory Refrigerator:
The laboratory refrigerator is a vital part of any laboratory. It stores samples for a longer duration and at the same time, it has to be precise about the storage temperature. The growth factor in this market is increasing due to rising demand from research laboratories across the globe. In addition, there are other factors that are driving this industry such as growing expenditure on R&D by many pharmaceutical and biotechnological companies which ultimately increases product demand globally.
Explosion Proof Refrigerator:
Explosion proof refrigerators and their usage in laboratory ovens and freezers market is a technique of cooling or freezing food items which are sensitive to heat. It is mostly used for the preservation of volatile chemicals, however it can also be used for other purposes such as keeping insulin cold or storing DNA samples at a certain temperature. The process works by using an inert gas such as nitrogen, argon or carbon dioxide to maintain the temperature inside the refrigerator/freezer.
Application Insights:
The research and testing laboratories segment dominated the global laboratory ovens and freezers market in 2017. This is attributed to the presence of a large number of government-sponsored laboratories that conduct scientific research. For instance, according to data published by National Center for Biotechnology Information (NCBI) in 2015, there were over 35000 active biotechnology companies globally with an estimated revenue of USD 300 billion. Out of which approximately 5500 were located outside North America accounting for about 25% share within the same region. Such statistics indicate a high demand for lab equipment across various facilities especially in emerging economies such as China, India and Brazil owing to growing R&D activities within these countries coupled with increasing spending on healthcare which accounts for around 9% GDP annually worldwide amounts to 20%.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to high demand for laboratory equipment and a large number of R&D laboratories in this region. Asia Pacific is anticipated to witness lucrative growth over the coming years due to increasing government funding for medical research, rising healthcare expenditure, and improving healthcare infrastructure in emerging countries such as China & India. Moreover, an increase in disease-related morbidity and mortality rates are also contributing towards market growth across this region.
Moreover, with growing awareness regarding advanced technologies such as automation of laboratory processes & equipment maintenance among researchers will further boost regional demand during the forecast period.
Growth Factors:
- Increasing demand for laboratory ovens and freezers in the pharmaceutical and biotechnology industries for R&D purposes.
- Growing demand from academic research institutes for laboratory ovens and freezers to carry out advanced research work.
- Rising number of food processing companies that are using laboratory ovens and freezers to improve their product quality.
- Increasing use of laboratory ovens and freezers in hospitals for pathology, blood storage, etc., purposes.
Scope Of The Report
Report Attributes
Report Details
Report Title
Laboratory Ovens and Freezers Market Research Report
By Type
Laboratory Refrigerator, Explosion Proof Refrigerator, Portable Refrigerator, Sub-zero Refrigerator, Walk-In Refrigerator
By Application
Research and Testing Laboratories, Pharmaceutical and Healthcare Facilities
By Companies
BioMedical Solutions, Eppendorf, Haier, Helmer Scientific, Thermo Fisher Scientific, Panasonic Biomedical, VWR, Arctiko, Aegis Scientific, AGA Marvel, BioMedical Solutions, Azbil Telstar, Binder, Bionics Scientific Technologies, Carbolite Gero, Chart Industries, EVERmed, Kirsch, Lab Research Products, Liebherr, PerklinElmer, Porkka, Sheldon Manufacturing, Terumo Medical Corporation, Terso Solutions
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
204
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Laboratory Ovens and Freezers Market Report Segments:
The global Laboratory Ovens and Freezers market is segmented on the basis of:
Types
Laboratory Refrigerator, Explosion Proof Refrigerator, Portable Refrigerator, Sub-zero Refrigerator, Walk-In Refrigerator
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Research and Testing Laboratories, Pharmaceutical and Healthcare Facilities
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BioMedical Solutions
- Eppendorf
- Haier
- Helmer Scientific
- Thermo Fisher Scientific
- Panasonic Biomedical
- VWR
- Arctiko
- Aegis Scientific
- AGA Marvel
- BioMedical Solutions
- Azbil Telstar
- Binder
- Bionics Scientific Technologies
- Carbolite Gero
- Chart Industries
- EVERmed
- Kirsch
- Lab Research Products
- Liebherr
- PerklinElmer
- Porkka
- Sheldon Manufacturing
- Terumo Medical Corporation
- Terso Solutions
Highlights of The Laboratory Ovens and Freezers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Laboratory Refrigerator
- Explosion Proof Refrigerator
- Portable Refrigerator
- Sub-zero Refrigerator
- Walk-In Refrigerator
- By Application:
- Research and Testing Laboratories
- Pharmaceutical and Healthcare Facilities
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Laboratory Ovens and Freezers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Laboratory ovens and freezers are used to store food. They are usually large, room-sized machines that can be heated up to very high temperatures. This allows them to cook food quickly and evenly, which is important for laboratory experiments.
Some of the major players in the laboratory ovens and freezers market are BioMedical Solutions, Eppendorf, Haier, Helmer Scientific, Thermo Fisher Scientific, Panasonic Biomedical, VWR, Arctiko, Aegis Scientific, AGA Marvel, BioMedical Solutions, Azbil Telstar, Binder, Bionics Scientific Technologies, Carbolite Gero, Chart Industries, EVERmed, Kirsch, Lab Research Products, Liebherr, PerklinElmer, Porkka, Sheldon Manufacturing, Terumo Medical Corporation, Terso Solutions.
The laboratory ovens and freezers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laboratory Ovens and Freezers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Laboratory Ovens and Freezers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laboratory Ovens and Freezers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Laboratory Ovens and Freezers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Laboratory Ovens and Freezers Market Size & Forecast, 2018-2028
4.5.1 Laboratory Ovens and Freezers Market Size and Y-o-Y Growth
4.5.2 Laboratory Ovens and Freezers Market Absolute $ Opportunity
Chapter 5 Global Laboratory Ovens and Freezers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Laboratory Ovens and Freezers Market Size Forecast by Type
5.2.1 Laboratory Refrigerator
5.2.2 Explosion Proof Refrigerator
5.2.3 Portable Refrigerator
5.2.4 Sub-zero Refrigerator
5.2.5 Walk-In Refrigerator
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laboratory Ovens and Freezers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Laboratory Ovens and Freezers Market Size Forecast by Applications
6.2.1 Research and Testing Laboratories
6.2.2 Pharmaceutical and Healthcare Facilities
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laboratory Ovens and Freezers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Laboratory Ovens and Freezers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Laboratory Ovens and Freezers Analysis and Forecast
9.1 Introduction
9.2 North America Laboratory Ovens and Freezers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Laboratory Ovens and Freezers Market Size Forecast by Type
9.6.1 Laboratory Refrigerator
9.6.2 Explosion Proof Refrigerator
9.6.3 Portable Refrigerator
9.6.4 Sub-zero Refrigerator
9.6.5 Walk-In Refrigerator
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Laboratory Ovens and Freezers Market Size Forecast by Applications
9.10.1 Research and Testing Laboratories
9.10.2 Pharmaceutical and Healthcare Facilities
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Laboratory Ovens and Freezers Analysis and Forecast
10.1 Introduction
10.2 Europe Laboratory Ovens and Freezers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Laboratory Ovens and Freezers Market Size Forecast by Type
10.6.1 Laboratory Refrigerator
10.6.2 Explosion Proof Refrigerator
10.6.3 Portable Refrigerator
10.6.4 Sub-zero Refrigerator
10.6.5 Walk-In Refrigerator
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Laboratory Ovens and Freezers Market Size Forecast by Applications
10.10.1 Research and Testing Laboratories
10.10.2 Pharmaceutical and Healthcare Facilities
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Laboratory Ovens and Freezers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laboratory Ovens and Freezers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Laboratory Ovens and Freezers Market Size Forecast by Type
11.6.1 Laboratory Refrigerator
11.6.2 Explosion Proof Refrigerator
11.6.3 Portable Refrigerator
11.6.4 Sub-zero Refrigerator
11.6.5 Walk-In Refrigerator
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Laboratory Ovens and Freezers Market Size Forecast by Applications
11.10.1 Research and Testing Laboratories
11.10.2 Pharmaceutical and Healthcare Facilities
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Laboratory Ovens and Freezers Analysis and Forecast
12.1 Introduction
12.2 Latin America Laboratory Ovens and Freezers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Laboratory Ovens and Freezers Market Size Forecast by Type
12.6.1 Laboratory Refrigerator
12.6.2 Explosion Proof Refrigerator
12.6.3 Portable Refrigerator
12.6.4 Sub-zero Refrigerator
12.6.5 Walk-In Refrigerator
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Laboratory Ovens and Freezers Market Size Forecast by Applications
12.10.1 Research and Testing Laboratories
12.10.2 Pharmaceutical and Healthcare Facilities
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Laboratory Ovens and Freezers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laboratory Ovens and Freezers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Laboratory Ovens and Freezers Market Size Forecast by Type
13.6.1 Laboratory Refrigerator
13.6.2 Explosion Proof Refrigerator
13.6.3 Portable Refrigerator
13.6.4 Sub-zero Refrigerator
13.6.5 Walk-In Refrigerator
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Laboratory Ovens and Freezers Market Size Forecast by Applications
13.10.1 Research and Testing Laboratories
13.10.2 Pharmaceutical and Healthcare Facilities
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Laboratory Ovens and Freezers Market: Competitive Dashboard
14.2 Global Laboratory Ovens and Freezers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BioMedical Solutions
14.3.2 Eppendorf
14.3.3 Haier
14.3.4 Helmer Scientific
14.3.5 Thermo Fisher Scientific
14.3.6 Panasonic Biomedical
14.3.7 VWR
14.3.8 Arctiko
14.3.9 Aegis Scientific
14.3.10 AGA Marvel
14.3.11 BioMedical Solutions
14.3.12 Azbil Telstar
14.3.13 Binder
14.3.14 Bionics Scientific Technologies
14.3.15 Carbolite Gero
14.3.16 Chart Industries
14.3.17 EVERmed
14.3.18 Kirsch
14.3.19 Lab Research Products
14.3.20 Liebherr
14.3.21 PerklinElmer
14.3.22 Porkka
14.3.23 Sheldon Manufacturing
14.3.24 Terumo Medical Corporation
14.3.25 Terso Solutions
