Product Code: IRTNTR76432
The blood bank refrigerators market is forecasted to grow by USD 410.7 mn during 2023-2028, accelerating at a CAGR of 6.1% during the forecast period. The report on the blood bank refrigerators market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rise in number of road accidents and sports injuries, growing number of hospitals and blood banks, and increasing number of surgical, dialysis, and blood transfusion procedures.
Technavio's blood bank refrigerators market is segmented as below:
Market Scope |
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 5.66% |
CAGR | 6.1% |
Incremental Value | $410.7 mn |
By Product
- Standard electric refrigerators
- Solar-powered refrigerators
- Ice-lined refrigerators
By End-user
- Hospitals and diagnostic centers
- Stand-alone blood bank centers
- Others
By Geographical Landscape
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the presence of value-added software and hardware products as one of the prime reasons driving the blood bank refrigerators market growth during the next few years. Also, growing number of product launches by market vendors and increasing focus on traditional strategies like acquisition by market vendors will lead to sizable demand in the market.
The report on the blood bank refrigerators market covers the following areas:
- Blood bank refrigerators market sizing
- Blood bank refrigerators market forecast
- Blood bank refrigerators market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading blood bank refrigerators market vendors that include Aegis Scientific, ARCTIKO AS, Azenta US, Inc, BioLife Solutions Inc., Calibre Scientific Inc., Cardinal Health Inc., Climatic Testing Systems Inc., Eppendorf SE, Haier Smart Home Co. Ltd., LabRepCo LLC, Liebherr International AG, Migali Industries Inc., Perley Halladay Associates Inc., PHC Holdings Corp., Philipp Kirsch GmbH, So Low Environmental Equipment Co. Inc., Stericox India Pvt. Ltd., The Middleby Corp., Thermo Fisher Scientific Inc., and Trane Technologies Plc. Also, the blood bank refrigerators market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Product
- Executive Summary - Chart on Market Segmentation by End-user
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
- 4.1 Global Blood Bank Refrigerators Market 2018 - 2022
- Historic Market Size - Data Table on Global Blood Bank Refrigerators Market 2018 - 2022 ($ million)
- 4.2 Product segment analysis 2018 - 2022
- Historic Market Size - Product Segment 2018 - 2022 ($ million)
- 4.3 End-user segment analysis 2018 - 2022
- Historic Market Size - End-user Segment 2018 - 2022 ($ million)
- 4.4 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.5 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Product
- 6.1 Market segments
- Chart on Product - Market share 2023-2028 (%)
- Data Table on Product - Market share 2023-2028 (%)
- 6.2 Comparison by Product
- Chart on Comparison by Product
- Data Table on Comparison by Product
- 6.3 Standard electric refrigerators - Market size and forecast 2023-2028
- Chart on Standard electric refrigerators - Market size and forecast 2023-2028 ($ million)
- Data Table on Standard electric refrigerators - Market size and forecast 2023-2028 ($ million)
- Chart on Standard electric refrigerators - Year-over-year growth 2023-2028 (%)
- Data Table on Standard electric refrigerators - Year-over-year growth 2023-2028 (%)
- 6.4 Solar-powered refrigerators - Market size and forecast 2023-2028
- Chart on Solar-powered refrigerators - Market size and forecast 2023-2028 ($ million)
- Data Table on Solar-powered refrigerators - Market size and forecast 2023-2028 ($ million)
- Chart on Solar-powered refrigerators - Year-over-year growth 2023-2028 (%)
- Data Table on Solar-powered refrigerators - Year-over-year growth 2023-2028 (%)
- 6.5 Ice-lined refrigerators - Market size and forecast 2023-2028
- Chart on Ice-lined refrigerators - Market size and forecast 2023-2028 ($ million)
- Data Table on Ice-lined refrigerators - Market size and forecast 2023-2028 ($ million)
- Chart on Ice-lined refrigerators - Year-over-year growth 2023-2028 (%)
- Data Table on Ice-lined refrigerators - Year-over-year growth 2023-2028 (%)
- 6.6 Market opportunity by Product
- Market opportunity by Product ($ million)
- Data Table on Market opportunity by Product ($ million)
7 Market Segmentation by End-user
- 7.1 Market segments
- Chart on End-user - Market share 2023-2028 (%)
- Data Table on End-user - Market share 2023-2028 (%)
- 7.2 Comparison by End-user
- Chart on Comparison by End-user
- Data Table on Comparison by End-user
- 7.3 Hospitals and diagnostic centers - Market size and forecast 2023-2028
- Chart on Hospitals and diagnostic centers - Market size and forecast 2023-2028 ($ million)
- Data Table on Hospitals and diagnostic centers - Market size and forecast 2023-2028 ($ million)
- Chart on Hospitals and diagnostic centers - Year-over-year growth 2023-2028 (%)
- Data Table on Hospitals and diagnostic centers - Year-over-year growth 2023-2028 (%)
- 7.4 Stand-alone blood bank centers - Market size and forecast 2023-2028
- Chart on Stand-alone blood bank centers - Market size and forecast 2023-2028 ($ million)
- Data Table on Stand-alone blood bank centers - Market size and forecast 2023-2028 ($ million)
- Chart on Stand-alone blood bank centers - Year-over-year growth 2023-2028 (%)
- Data Table on Stand-alone blood bank centers - Year-over-year growth 2023-2028 (%)
- 7.5 Others - Market size and forecast 2023-2028
- Chart on Others - Market size and forecast 2023-2028 ($ million)
- Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Chart on Others - Year-over-year growth 2023-2028 (%)
- Data Table on Others - Year-over-year growth 2023-2028 (%)
- 7.6 Market opportunity by End-user
- Market opportunity by End-user ($ million)
- Data Table on Market opportunity by End-user ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 9.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 9.4 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 9.5 Asia - Market size and forecast 2023-2028
- Chart on Asia - Market size and forecast 2023-2028 ($ million)
- Data Table on Asia - Market size and forecast 2023-2028 ($ million)
- Chart on Asia - Year-over-year growth 2023-2028 (%)
- Data Table on Asia - Year-over-year growth 2023-2028 (%)
- 9.6 Rest of World (ROW) - Market size and forecast 2023-2028
- Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
- Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
- Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- 9.7 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 9.8 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 9.9 UK - Market size and forecast 2023-2028
- Chart on UK - Market size and forecast 2023-2028 ($ million)
- Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Chart on UK - Year-over-year growth 2023-2028 (%)
- Data Table on UK - Year-over-year growth 2023-2028 (%)
- 9.10 Canada - Market size and forecast 2023-2028
- Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Chart on Canada - Year-over-year growth 2023-2028 (%)
- Data Table on Canada - Year-over-year growth 2023-2028 (%)
- 9.11 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 9.12 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)
10 Drivers, Challenges, and Opportunity/Restraints
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 10.4 Market opportunities/restraints
11 Competitive Landscape
- 11.1 Overview
- 11.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 11.3 Landscape disruption
- Overview on factors of disruption
- 11.4 Industry risks
- Impact of key risks on business
12 Competitive Analysis
- 12.1 Companies profiled
- 12.2 Market positioning of companies
- Matrix on companies position and classification
- 12.3 Aegis Scientific
- Aegis Scientific - Overview
- Aegis Scientific - Product / Service
- Aegis Scientific - Key offerings
- 12.4 ARCTIKO AS
- ARCTIKO AS - Overview
- ARCTIKO AS - Product / Service
- ARCTIKO AS - Key offerings
- 12.5 Azenta US, Inc
- Azenta US, Inc - Overview
- Azenta US, Inc - Business segments
- Azenta US, Inc - Key news
- Azenta US, Inc - Key offerings
- Azenta US, Inc - Segment focus
- 12.6 BioLife Solutions Inc.
- BioLife Solutions Inc. - Overview
- BioLife Solutions Inc. - Product / Service
- BioLife Solutions Inc. - Key offerings
- 12.7 Cardinal Health Inc.
- Cardinal Health Inc. - Overview
- Cardinal Health Inc. - Business segments
- Cardinal Health Inc. - Key news
- Cardinal Health Inc. - Key offerings
- Cardinal Health Inc. - Segment focus
- 12.8 Climatic Testing Systems Inc.
- Climatic Testing Systems Inc. - Overview
- Climatic Testing Systems Inc. - Product / Service
- Climatic Testing Systems Inc. - Key offerings
- 12.9 Eppendorf SE
- Eppendorf SE - Overview
- Eppendorf SE - Product / Service
- Eppendorf SE - Key news
- Eppendorf SE - Key offerings
- 12.10 Haier Smart Home Co. Ltd.
- Haier Smart Home Co. Ltd. - Overview
- Haier Smart Home Co. Ltd. - Business segments
- Haier Smart Home Co. Ltd. - Key offerings
- Haier Smart Home Co. Ltd. - Segment focus
- 12.11 LabRepCo LLC
- LabRepCo LLC - Overview
- LabRepCo LLC - Product / Service
- LabRepCo LLC - Key offerings
- 12.12 Liebherr International AG
- Liebherr International AG - Overview
- Liebherr International AG - Product / Service
- Liebherr International AG - Key news
- Liebherr International AG - Key offerings
- 12.13 PHC Holdings Corp.
- PHC Holdings Corp. - Overview
- PHC Holdings Corp. - Business segments
- PHC Holdings Corp. - Key offerings
- PHC Holdings Corp. - Segment focus
- 12.14 Stericox India Pvt. Ltd.
- Stericox India Pvt. Ltd. - Overview
- Stericox India Pvt. Ltd. - Product / Service
- Stericox India Pvt. Ltd. - Key offerings
- 12.15 The Middleby Corp.
- The Middleby Corp. - Overview
- The Middleby Corp. - Business segments
- The Middleby Corp. - Key offerings
- The Middleby Corp. - Segment focus
- 12.16 Thermo Fisher Scientific Inc.
- Thermo Fisher Scientific Inc. - Overview
- Thermo Fisher Scientific Inc. - Business segments
- Thermo Fisher Scientific Inc. - Key news
- Thermo Fisher Scientific Inc. - Key offerings
- Thermo Fisher Scientific Inc. - Segment focus
- 12.17 Trane Technologies Plc
- Trane Technologies Plc - Overview
- Trane Technologies Plc - Business segments
- Trane Technologies Plc - Key news
- Trane Technologies Plc - Key offerings
- Trane Technologies Plc - Segment focus
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 13.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 13.4 Research methodology
- 13.5 Data procurement
- 13.6 Data validation
- 13.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 13.8 Data synthesis
- 13.9 360 degree market analysis
- 360 degree market analysis
- 13.10 List of abbreviations