Market Overview:
The Global Vaccine Freezer Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for vaccines due to rising incidence of infectious diseases and growing awareness about preventive measures. In addition, technological advancements in vaccine storage and transportation are also contributing to the growth of this market. Based on type, the global vaccine freezer market is segmented into upright freezer and chest freezer. The upright freezer segment is expected to account for a larger share of the global vaccine freezer market in 2018 owing to its compact size and easy maneuverability. Based on application, the global vaccine freezer market is segmented into storage and transportation.
Product Definition:
A vaccine freezer is a piece of medical equipment used to store vaccines at a temperature below freezing. This is important because it helps to maintain the potency and efficacy of the vaccines.
Upright Freezer:
Upright freezer is a type of cold storage equipment used to store food at a very low temperature. It's major applications are in the meat and dairy industry, where it's primary function is to preserve meat and other perishable items for a longer period of time. In addition, it also has applications in the pharmaceutical industry as well as some research laboratories.
The growth factor that propels the Vaccine Freezer market includes growing awareness among people about vaccination.
Chest Freezer:
The chest freezer is a device used to store vaccines at extremely low temperatures. It helps in maintaining the potency of the vaccine for a longer period of time. The most commonly used type of chest freezer for this purpose is the liquid nitrogen based chest freezers which are portable and can be taken anywhere.
This technology has been around since about 1990, but it's only recently that manufacturers have started producing them as consumer demand has increased substantially over the last few years.
Application Insights:
The storage application segment led the global vaccine freezer market in 2017 and is projected to witness significant growth over the forecast period. Vaccine freezers are used for storing vaccines at desired temperature levels, which help maintain their efficacy and safety for use. The transportation application segment is estimated to register a CAGR of XX% from 2018 to 2030 owing to rising demand across the globe. Vaccines need a certain amount of time before they can be administered; hence, freezing them beforehand helps in maintaining their quality throughout transit without any damage or loss of efficacy.
Vaccine manufacturers are collaborating with transport companies that ensure proper delivery of vaccines on time according to schedule. Moreover, these companies also offer vaccination services through mobile clinics or permanent clinics along with cold chain facilities where customers can collect medicines after receiving an appointment via phone or online booking system.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of vaccine manufacturers and an increase in the number of manufacturing facilities are some factors responsible for its dominance. In addition, increasing demand for vaccination against various diseases is expected to drive the market over the forecast period.
Asia Pacific is anticipated to be one of the fastest-growing markets during the forecast period owing to rising investments by vaccine manufacturers and an increase in production capacities due to growing demand from several countries such as China, India, Japan, Singapore and Australia among others. Moreover, increasing efforts towards immunization programs are expected drive growth over time as it will create opportunities for freezers used for storage purposes only or combination units that include both storage & transportation functions (i.e., upright freezers).
Growth Factors:
- Increasing demand for vaccines due to rising incidence of infectious diseases
- Growing awareness about the benefits of vaccination
- Technological advancements in vaccine storage and delivery systems
- Rising public-private investments in vaccine research and development
- Expansion of global immunization programs
Scope Of The Report
Report Attributes
Report Details
Report Title
Vaccine Freezer Market Research Report
By Type
Upright Freezer, Chest Freezer
By Application
Storage, Transportation
By Companies
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
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
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Vaccine Freezer Market Report Segments:
The global Vaccine Freezer market is segmented on the basis of:
Types
Upright Freezer, Chest Freezer
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
Storage, Transportation
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:
- 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
Highlights of The Vaccine Freezer 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:
- Upright Freezer
- Chest Freezer
- By Application:
- Storage
- Transportation
- 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 Vaccine Freezer 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
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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 vaccine freezer is a device used to store vaccines. It helps keep the vaccines cold and prevents them from becoming contaminated.
Some of the key players operating in the vaccine freezer market are 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.
The vaccine freezer market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Vaccine Freezer 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 Vaccine Freezer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Vaccine Freezer 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 Vaccine Freezer 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 Vaccine Freezer Market Size & Forecast, 2020-2028
4.5.1 Vaccine Freezer Market Size and Y-o-Y Growth
4.5.2 Vaccine Freezer 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 Upright Freezer
5.2.2 Chest Freezer
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 Storage
6.2.2 Transportation
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Vaccine Freezer 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 Vaccine Freezer 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 Upright Freezer
9.6.2 Chest Freezer
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 Storage
9.10.2 Transportation
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 Upright Freezer
10.6.2 Chest Freezer
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 Storage
10.10.2 Transportation
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 Upright Freezer
11.6.2 Chest Freezer
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 Storage
11.10.2 Transportation
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 Upright Freezer
12.6.2 Chest Freezer
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 Storage
12.10.2 Transportation
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 Upright Freezer
13.6.2 Chest Freezer
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 Storage
13.10.2 Transportation
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 Vaccine Freezer Market: Competitive Dashboard
14.2 Global Vaccine Freezer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo
14.3.2 Panasonic
14.3.3 Eppendorf
14.3.4 So-Low
14.3.5 Nuaire
14.3.6 IlShin
14.3.7 Binder
14.3.8 Froilabo
14.3.9 Haier
14.3.10 GFL
14.3.11 Operon
14.3.12 VWR
14.3.13 Esco Global
14.3.14 Aucma
14.3.15 Nihon Freezer
14.3.16 Zhongke Meiling
14.3.17 Coolingway
14.3.18 Azbil Telstar
14.3.19 Daihan
14.3.20 Arctiko
