Market Overview:
The global medical refrigerators for bioproduct storage 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 vaccines and other bioproducts, rising awareness about preventive healthcare, and technological advancements in medical refrigerators. Based on type, the global medical refrigerators for bioproduct storage market can be segmented into hepatitis A vaccines, hepatitis B vaccines, and other types of vaccines. The hepatitis A vaccine segment is expected to grow at a higher CAGR than the other segments during the forecast period. This growth can be attributed to rising incidence of hepatitis A infections across the globe and increasing demand for preventive vaccinations against this virus. Based on application, the global medical refrigerator for bioproduct storage market can be divided into children’s applications and adult applications.
Product Definition:
A medical refrigerator is a type of refrigerator used to store bioproducts including blood, vaccines, and laboratory specimens. The main purpose of a medical refrigerator for bioproduct storage is to maintain the product at a temperature that will not allow bacteria or other microorganisms to grow.
Hepatitis A Vaccines:
Hepatitis A is an inflammation of liver tissue caused by the hepatitis virus. There are different types of hepatitis viruses, some are more harmful than others. Some of the common types include Hepatitis A & B and C. The most commonly occurring type in humans is Hepatitis A Virus (HAV). It can be transmitted through contaminated food and water as well as from one person to another through oral contact or fecal-oral route.
Hepatitis B Vaccines:
Hepatitis B is caused by the hepatitis virus and generally affects the liver. There are two types of Hepatitis viruses, namely viral hepatitis and alcoholic liver disease. The most common symptoms include jaundice, abdominal pain, loss of appetite, nausea or vomiting and fatigue. In some cases; it may also progress to more serious conditions such as liver failure or cancer.
Application Insights:
Based on application, the global market has been segmented into children, adult and other. The other applications include blood storage and vaccine processing. Among these applications, the usage of medical fridges for storing bioproducts is highest in the pediatric population as compared to that of adults or other age groups. This can be attributed to lesser knowledge about diseases among children coupled with higher susceptibility towards infections due to lack of immunity.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of manufacturers coupled with high demand for advanced biologics storage solutions is expected to drive the regional growth over the forecast period. Furthermore, increasing investments by public and private entities are anticipated to propel product penetration in this region. For instance, in February 2018, Merck & Co., Inc., an American multinational pharmaceutical company headquartered in Whitehouse Station, New Jersey announced about its collaboration with Global Bioprocessing Solutions (GBPS) for establishing a new venture called Merck KGaA GmbH Vaccines business unit based out of Germany.
Growth Factors:
- Increasing demand for biopharmaceuticals and bioproducts
- Growing number of research and development activities in the field of biotechnology
- Rising prevalence of chronic diseases that require treatment with biopharmaceuticals
- Technological advancements in medical refrigerators for better storage performance
- Growing awareness about the benefits of using medical refrigerators for storing bio products
Scope Of The Report
Report Attributes
Report Details
Report Title
Medical Refrigerators for Bioproduct Storage Market Research Report
By Type
Hepatitis A Vaccines, Hepatitis B Vaccines
By Application
Children, Adult
By Companies
GSK, NCPC, Merck, Bio Kangtai, Dynavax, Hissen, KM Biologics, LG Life Sciences, Serum Institute, Sanofi, Sinovac, Zhejiang Pukang, IMBCA, ChangSheng
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
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Medical Refrigerators for Bioproduct Storage Market Report Segments:
The global Medical Refrigerators for Bioproduct Storage market is segmented on the basis of:
Types
Hepatitis A Vaccines, Hepatitis B Vaccines
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
Children, Adult
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:
- GSK
- NCPC
- Merck
- Bio Kangtai
- Dynavax
- Hissen
- KM Biologics
- LG Life Sciences
- Serum Institute
- Sanofi
- Sinovac
- Zhejiang Pukang
- IMBCA
- ChangSheng
Highlights of The Medical Refrigerators for Bioproduct Storage 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:
- Hepatitis A Vaccines
- Hepatitis B Vaccines
- By Application:
- Children
- Adult
- 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 Refrigerators for Bioproduct Storage 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?
Medical refrigerators are specifically designed to store bioproducts. These refrigerators use a controlled environment to maintain the temperature and humidity levels necessary for the safe storage of these products.
Some of the major players in the medical refrigerators for bioproduct storage market are GSK, NCPC, Merck, Bio Kangtai, Dynavax, Hissen, KM Biologics, LG Life Sciences, Serum Institute, Sanofi, Sinovac, Zhejiang Pukang, IMBCA, ChangSheng.
The medical refrigerators for bioproduct storage 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 Refrigerators for Bioproduct Storage 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 Refrigerators for Bioproduct Storage Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Medical Refrigerators for Bioproduct Storage 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 Refrigerators for Bioproduct Storage 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 Refrigerators for Bioproduct Storage Market Size & Forecast, 2020-2028
4.5.1 Medical Refrigerators for Bioproduct Storage Market Size and Y-o-Y Growth
4.5.2 Medical Refrigerators for Bioproduct Storage Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Hepatitis A Vaccines
5.2.2 Hepatitis B Vaccines
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Children
6.2.2 Adult
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Medical Refrigerators for Bioproduct Storage 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 Refrigerators for Bioproduct Storage 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Hepatitis A Vaccines
9.6.2 Hepatitis B Vaccines
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 Market Size Forecast by Applications
9.10.1 Children
9.10.2 Adult
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Hepatitis A Vaccines
10.6.2 Hepatitis B Vaccines
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 Market Size Forecast by Applications
10.10.1 Children
10.10.2 Adult
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Hepatitis A Vaccines
11.6.2 Hepatitis B Vaccines
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 Market Size Forecast by Applications
11.10.1 Children
11.10.2 Adult
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Hepatitis A Vaccines
12.6.2 Hepatitis B Vaccines
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 Market Size Forecast by Applications
12.10.1 Children
12.10.2 Adult
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Hepatitis A Vaccines
13.6.2 Hepatitis B Vaccines
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) Market Size Forecast by Applications
13.10.1 Children
13.10.2 Adult
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 Refrigerators for Bioproduct Storage Market: Competitive Dashboard
14.2 Global Medical Refrigerators for Bioproduct Storage Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 GSK
14.3.2 NCPC
14.3.3 Merck
14.3.4 Bio Kangtai
14.3.5 Dynavax
14.3.6 Hissen
14.3.7 KM Biologics
14.3.8 LG Life Sciences
14.3.9 Serum Institute
14.3.10 Sanofi
14.3.11 Sinovac
14.3.12 Zhejiang Pukang
14.3.13 IMBCA
14.3.14 ChangSheng
