Market Overview:
The global medical blood bank refrigerators 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 blood and blood products, rising prevalence of chronic diseases, and technological advancements in medical refrigerators. Based on type, the global medical blood bank refrigerators market is segmented into common indoor blood bank refrigerators and transport blood bank refrigerators. The common indoor type is further sub-segmented into upright cabinets and chest freezers. The transport type is further sub-segmented into insulated boxes and cold boxes/bags. In terms of application, the global medical Blood Bank Refrigerator Market is segmented into two segments: Blood Bank Centers and Hospitals Other applications include research institutes, pharmaceutical companies etc.). Geographically, the global medical Blood Bank Refrigerator Market has been segmented into five regions: North America Latin America Europe Asia Pacific Middle East & Africa).
Product Definition:
A medical blood bank refrigerator is a device used to store blood and other biological specimens at low temperatures. The importance of medical blood bank refrigerators is that they help keep the specimens in a safe and stable condition, which allows for accurate testing and diagnosis.
Common Indoor Blood Bank Refrigerators:
Indoor blood bank refrigerators are used to store blood and its component, which includes platelets, plasma and red blood cells. These products are designed for storage of collected units at a suitable temperature so that they can be used as per requirement during the time of need. The common types of indoor blood bank refrigerators include walk in coolers/freezers, regular or wall mounted coolers and floor standing freezers.
Transport Blood Bank Refrigerators:
Transport blood bank refrigerators are designed to maintain the temperature of collected blood at a constant range during its transportation and storage. These products are used in medical blood banks which are used for storing units of frozen plasma, platelets, and whole Blood. The collection process requires certain steps that help in maintaining the quality as well as safety of the product.
Application Insights:
Based on application, the global medical blood bank refrigerators market is segmented into hospitals, other and blood bank centers. Other applications include military field hospitals and mobile clinics. Blood Bank Centers held the largest share in 2017 owing to increasing number of units at these facilities for storage of O-negative and O-positive types of blood. These types are required for emergency treatment as they have higher platelet count which helps in clotting wounds quickly.
Hospitals are anticipated to be fastest growing segment over the forecast period due to rising cases of road accidents resulting in trauma with multiple injuries requiring surgeries that require a large amount of fresh frozen plasma (FFP) and red cells (RBCs). FFP is a type of protein found in human blood that helps during surgeries by replacing lost proteins or helping repair tissue damage caused due to injury or surgery site infection.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare facilities, high adoption rate of advanced medical products and technologies, and favorable reimbursement policies are some factors responsible for its large share. Moreover, the region has one of the highest per capita income levels resulting in a higher spending capacity for patients.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing awareness about blood donation among people as well as an increase in demand from developing countries such as India and China. In addition, improving healthcare infrastructure is also likely to contribute toward regional market growth over the next eight years. For instance, Blood Center SA (South Africa) established a state-of-the-art facility that includes a refrigerator with all required accessories at their Pretoria office address for easy accessibility by all eligible South Africans within 150 kilometers radius (Cape Town area).
Growth Factors:
- Increasing demand for safe and quality blood products
- Technological advancements in medical blood bank refrigerators
- Growing number of blood donation camps and initiatives by governments and NGOs to promote safe blood donation practices
- Rising prevalence of chronic diseases that require regular transfusions of packed red cells, fresh frozen plasma, or platelets
- Increasing awareness about the benefits of using medical blood bank refrigerators
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Blood Bank Refrigerators Market Research Report
By Type
Common Indoor Blood Bank Refrigerators, Transport Blood Bank Refrigerators
By Application
Blood Bank Centers, Hospitals, Other
By Companies
Panasonic Healthcare, Thermo Fisher, Helmer Scientific, Haier Bio-Medical, Dometic, Follett, Glen Dimplex, LABCOLD, Lorne Laboratories, REMI GROUP, Telstar Group, Kirsch Medical, Arctiko, Fiocchetti
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
196
Number of Tables & Figures
138
Customization Available
Yes, the report can be customized as per your need.
Global Medical Blood Bank Refrigerators Market Report Segments:
The global Medical Blood Bank Refrigerators market is segmented on the basis of:
Types
Common Indoor Blood Bank Refrigerators, Transport Blood Bank Refrigerators
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
Blood Bank Centers, Hospitals, Other
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:
- Panasonic Healthcare
- Thermo Fisher
- Helmer Scientific
- Haier Bio-Medical
- Dometic
- Follett
- Glen Dimplex
- LABCOLD
- Lorne Laboratories
- REMI GROUP
- Telstar Group
- Kirsch Medical
- Arctiko
- Fiocchetti
Highlights of The Medical Blood Bank Refrigerators 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:
- Common Indoor Blood Bank Refrigerators
- Transport Blood Bank Refrigerators
- By Application:
- Blood Bank Centers
- Hospitals
- Other
- 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 Medical Blood Bank Refrigerators 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.
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- Correctly Positioning New Products
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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?
A medical blood bank refrigerator is a special type of refrigerator used to store blood. It is designed to keep the blood at a safe temperature, so that it can be used safely by doctors and patients.
Some of the key players operating in the medical blood bank refrigerators market are Panasonic Healthcare, Thermo Fisher, Helmer Scientific, Haier Bio-Medical, Dometic, Follett, Glen Dimplex, LABCOLD, Lorne Laboratories, REMI GROUP, Telstar Group, Kirsch Medical, Arctiko, Fiocchetti.
The medical blood bank refrigerators market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Medical Blood Bank Refrigerators 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 Medical Blood Bank Refrigerators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Blood Bank Refrigerators 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 Medical Blood Bank Refrigerators 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 Medical Blood Bank Refrigerators Market Size & Forecast, 2018-2028
4.5.1 Medical Blood Bank Refrigerators Market Size and Y-o-Y Growth
4.5.2 Medical Blood Bank Refrigerators Market Absolute $ Opportunity
Chapter 5 Global Medical Blood Bank Refrigerators 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 Medical Blood Bank Refrigerators Market Size Forecast by Type
5.2.1 Common Indoor Blood Bank Refrigerators
5.2.2 Transport Blood Bank Refrigerators
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Medical Blood Bank Refrigerators 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 Medical Blood Bank Refrigerators Market Size Forecast by Applications
6.2.1 Blood Bank Centers
6.2.2 Hospitals
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Blood Bank Refrigerators 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 Medical Blood Bank Refrigerators 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 Medical Blood Bank Refrigerators Analysis and Forecast
9.1 Introduction
9.2 North America Medical Blood Bank Refrigerators 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 Medical Blood Bank Refrigerators Market Size Forecast by Type
9.6.1 Common Indoor Blood Bank Refrigerators
9.6.2 Transport Blood Bank Refrigerators
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 Medical Blood Bank Refrigerators Market Size Forecast by Applications
9.10.1 Blood Bank Centers
9.10.2 Hospitals
9.10.3 Other
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 Medical Blood Bank Refrigerators Analysis and Forecast
10.1 Introduction
10.2 Europe Medical Blood Bank Refrigerators 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 Medical Blood Bank Refrigerators Market Size Forecast by Type
10.6.1 Common Indoor Blood Bank Refrigerators
10.6.2 Transport Blood Bank Refrigerators
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 Medical Blood Bank Refrigerators Market Size Forecast by Applications
10.10.1 Blood Bank Centers
10.10.2 Hospitals
10.10.3 Other
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 Medical Blood Bank Refrigerators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Medical Blood Bank Refrigerators 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 Medical Blood Bank Refrigerators Market Size Forecast by Type
11.6.1 Common Indoor Blood Bank Refrigerators
11.6.2 Transport Blood Bank Refrigerators
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 Medical Blood Bank Refrigerators Market Size Forecast by Applications
11.10.1 Blood Bank Centers
11.10.2 Hospitals
11.10.3 Other
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 Medical Blood Bank Refrigerators Analysis and Forecast
12.1 Introduction
12.2 Latin America Medical Blood Bank Refrigerators 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 Medical Blood Bank Refrigerators Market Size Forecast by Type
12.6.1 Common Indoor Blood Bank Refrigerators
12.6.2 Transport Blood Bank Refrigerators
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 Medical Blood Bank Refrigerators Market Size Forecast by Applications
12.10.1 Blood Bank Centers
12.10.2 Hospitals
12.10.3 Other
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) Medical Blood Bank Refrigerators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Medical Blood Bank Refrigerators 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) Medical Blood Bank Refrigerators Market Size Forecast by Type
13.6.1 Common Indoor Blood Bank Refrigerators
13.6.2 Transport Blood Bank Refrigerators
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) Medical Blood Bank Refrigerators Market Size Forecast by Applications
13.10.1 Blood Bank Centers
13.10.2 Hospitals
13.10.3 Other
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 Medical Blood Bank Refrigerators Market: Competitive Dashboard
14.2 Global Medical Blood Bank Refrigerators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panasonic Healthcare
14.3.2 Thermo Fisher
14.3.3 Helmer Scientific
14.3.4 Haier Bio-Medical
14.3.5 Dometic
14.3.6 Follett
14.3.7 Glen Dimplex
14.3.8 LABCOLD
14.3.9 Lorne Laboratories
14.3.10 REMI GROUP
14.3.11 Telstar Group
14.3.12 Kirsch Medical
14.3.13 Arctiko
14.3.14 Fiocchetti
