Market Overview:
The global ULT 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 ULT freezers from academic and research institutes, hospitals, and bio-banks. In addition, the growing awareness about cryopreservation among end users is also contributing to the growth of this market. On the basis of type, upright ULT freezers are expected to account for a larger share of the global ULT freezer market than chest ULT freezers during the forecast period. This can be attributed to their smaller size and lower price as compared with chest ULT freezers.
Product Definition:
ULT Freezers are devices used to store laboratory samples at very low temperatures. The importance of ULT Freezers is that they allow scientists to study the effects of cold on biological specimens and chemical reactions.
Upright ULT freezers:
Upright ULT freezers is a brand of chest freezer manufactured by Daikin Industries, Ltd. and distributed by Central Freezer Service Corporation. The product was first introduced in Japan in the year 1990 and has since then gained popularity across the globe due to its compact design, ease of use, and cost effectiveness among other factors.
The global upright ULFT market size was valued at USD 2.87 billion in 2015.
Chest ULT freezers:
The chest ULT freezers is a device used to store the human blood and other related products at -30°C to +15°C. It is also known as the cryopreservation system. The main function of this device includes storage of organs, tissues, and cells that have been removed from recently deceased individuals or are being stored for future use.
Application Insights:
The academic and research institutes segment held the largest market share of over 30% in 2017. This is attributed to the rising number of universities, colleges and schools across the globe. For instance, as per data published by Association of American Universities (AAU) in 2016, there are 1,luent institutions in North America region that serve more than 150 million students annually. Similarly, according to a study conducted by education company QS in 2018, globally ranked University College London (UCL) as most popular university among applicants from China followed by Harvard University.
ULT freezers are widely used for storing blood samples at bio-banks for future use or reference purposes such as genetic analysis or disease diagnosis procedures. These bio-banks store human body parts including cornea(corneal tissue), skin(epidermis), hair shafts & roots(- scalpels), nails(- clipping/nail files), blood,- plasma-, DNA-, RNA- and T cells samples etc.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of ULT freezers in countries, such as the U.S. and Canada. The region is expected to maintain its dominance over the forecast period due to increasing demand for technologically advanced medical devices used for storage and preservation of biological materials across various applications including research laboratories, hospitals & blood banks, and academic & research institutes.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to an increase in healthcare expenditure by governments at both domestic and international levels coupled with rising awareness about emerging diseases among people especially during winter season (autumn-spring).
Growth Factors:
- Increasing demand for food preservation and longer shelf life of food products
- Growing trend of ready-to-eat and processed foods
- Proliferation of supermarkets, hypermarkets, and convenience stores
- Rising disposable income of consumers in developing countries
- Technological advancements in ULT freezers
Scope Of The Report
Report Attributes
Report Details
Report Title
ULT Freezers Market Research Report
By Type
Upright ULT freezers, Chest ULT freezers
By Application
Bio-banks, Hospital, Academic & research institute, Others
By Companies
Eppendorf, Helmer Scientific, Panasonic Healthcare Corporation, Thermo Fisher Scientific, Arctiko, BIONICS SCIENTIFIC TECHNOLOGIES, Glen Dimplex, Haier Biomedical
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global ULT Freezers Market Report Segments:
The global ULT Freezers market is segmented on the basis of:
Types
Upright ULT freezers, Chest ULT freezers
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
Bio-banks, Hospital, Academic & research institute, Others
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:
- Eppendorf
- Helmer Scientific
- Panasonic Healthcare Corporation
- Thermo Fisher Scientific
- Arctiko
- BIONICS SCIENTIFIC TECHNOLOGIES
- Glen Dimplex
- Haier Biomedical
Highlights of The ULT 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:
- Upright ULT freezers
- Chest ULT freezers
- By Application:
- Bio-banks
- Hospital
- Academic & research institute
- Others
- 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 ULT 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?
ULT Freezers is a company that manufactures and sells refrigerators and freezer units.
Some of the major players in the ult freezers market are Eppendorf, Helmer Scientific, Panasonic Healthcare Corporation, Thermo Fisher Scientific, Arctiko, BIONICS SCIENTIFIC TECHNOLOGIES, Glen Dimplex, Haier Biomedical.
The ult freezers market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. ULT Freezers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. ULT Freezers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. ULT Freezers Market - Supply Chain
4.5. Global ULT Freezers Market Forecast
4.5.1. ULT Freezers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. ULT Freezers Market Size (000 Units) and Y-o-Y Growth
4.5.3. ULT Freezers Market Absolute $ Opportunity
5. Global ULT Freezers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. ULT Freezers Market Size and Volume Forecast by Type
5.3.1. Upright ULT freezers
5.3.2. Chest ULT freezers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global ULT Freezers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. ULT Freezers Market Size and Volume Forecast by Application
6.3.1. Bio-banks
6.3.2. Hospital
6.3.3. Academic & research institute
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global ULT Freezers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. ULT Freezers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global ULT Freezers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. ULT Freezers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global ULT Freezers Demand Share Forecast, 2019-2029
9. North America ULT Freezers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America ULT Freezers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America ULT Freezers Market Size and Volume Forecast by Application
9.4.1. Bio-banks
9.4.2. Hospital
9.4.3. Academic & research institute
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America ULT Freezers Market Size and Volume Forecast by Type
9.7.1. Upright ULT freezers
9.7.2. Chest ULT freezers
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America ULT Freezers Demand Share Forecast, 2019-2029
10. Latin America ULT Freezers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America ULT Freezers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America ULT Freezers Market Size and Volume Forecast by Application
10.4.1. Bio-banks
10.4.2. Hospital
10.4.3. Academic & research institute
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America ULT Freezers Market Size and Volume Forecast by Type
10.7.1. Upright ULT freezers
10.7.2. Chest ULT freezers
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America ULT Freezers Demand Share Forecast, 2019-2029
11. Europe ULT Freezers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe ULT Freezers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe ULT Freezers Market Size and Volume Forecast by Application
11.4.1. Bio-banks
11.4.2. Hospital
11.4.3. Academic & research institute
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe ULT Freezers Market Size and Volume Forecast by Type
11.7.1. Upright ULT freezers
11.7.2. Chest ULT freezers
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe ULT Freezers Demand Share, 2019-2029
12. Asia Pacific ULT Freezers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific ULT Freezers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific ULT Freezers Market Size and Volume Forecast by Application
12.4.1. Bio-banks
12.4.2. Hospital
12.4.3. Academic & research institute
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific ULT Freezers Market Size and Volume Forecast by Type
12.7.1. Upright ULT freezers
12.7.2. Chest ULT freezers
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific ULT Freezers Demand Share, 2019-2029
13. Middle East & Africa ULT Freezers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa ULT Freezers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa ULT Freezers Market Size and Volume Forecast by Application
13.4.1. Bio-banks
13.4.2. Hospital
13.4.3. Academic & research institute
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa ULT Freezers Market Size and Volume Forecast by Type
13.7.1. Upright ULT freezers
13.7.2. Chest ULT freezers
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa ULT Freezers Demand Share, 2019-2029
14. Competition Landscape
14.1. Global ULT Freezers Market: Market Share Analysis
14.2. ULT Freezers Distributors and Customers
14.3. ULT Freezers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Eppendorf
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Helmer Scientific
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Panasonic Healthcare Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Thermo Fisher Scientific
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Arctiko
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BIONICS SCIENTIFIC TECHNOLOGIES
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Glen Dimplex
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Haier Biomedical
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
