Blood Bank Refrigerators Market in US by Product, End-user, and Geography - Forecast and Analysis 2021-2025

  • Published: May 2021
  • Pages: 120
  • SKU: IRTNTR45126

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The blood bank refrigerators market size in the US is expected to grow by USD 107.35 million and record a CAGR of 5.80% during 2021-2025.

This post-pandemic blood bank refrigerators market in the US report has assessed the shift in consumer behavior and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this blood bank refrigerators market in the US analysis report, key drivers such as rise in the number of road accidents and sport injuries have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as high cost of equipment, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Blood Bank Refrigerators Market Size in the US be in 2021?

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Who are the Key Vendors in the Blood Bank Refrigerators Market in the US?

The blood bank refrigerators market in the US forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies including:


  • B Medical Systems Sarl
  • Biomedical Solutions Inc.
  • Cardinal Health Inc.
  • Eppendorf AG
  • Haier Smart Home Co. Ltd.
  • Helmer Scientific Inc.
  • ilShin Lab Co Ltd.
  • PHC Holdings Corp.
  • The Middleby Corp.
  • Thermo Fisher Scientific Inc.


The blood bank refrigerators market in the US is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This blood bank refrigerators market in the US report further entails segmentation by product (standard electric refrigerators, solar-powered refrigerators, and ice-lined refrigerators), and end-user (hospitals and diagnostic centers, stand-alone blood bank centers, and others). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.


Which are the Key Product Market Segments for Blood Bank Refrigerators Market in the US?


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The report offers an up-to-date analysis of the product segmentations. The standard electric refrigerators will record a significant growth rate during 2021-2025, and the segment will offer several growth opportunities to market vendors. To garner further competitive intelligence and opportunities in store for vendors in various market segments, view our sample report. This report provides estimations of the contribution of all the segmentations to the growth of the blood bank refrigerators market size in the US.


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What are the Key Factors Covered in this Blood Bank Refrigerators Market in the US Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive blood bank refrigerators market growth in the US during the next five years
  • Precise estimation of the blood bank refrigerators market size in the US and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the blood bank refrigerators industry in the US 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of blood bank refrigerators market vendors in the US 

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.


Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases


Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts



  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis


  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The blood bank refrigerators market growth will increase by $121.62 million during 2019-2024.
The blood bank refrigerators market is expected to grow at a CAGR of 6.42% during 2019-2024.
Technavio has segmented the blood bank refrigerators market by product (Standard electric refrigerators, Solar-powered refrigerators, and Ice-lined refrigerators) ,end user (Hospitals and diagnostic centers, Stand-alone blood bank centers, and Others) , and geographic (North America, Europe, Asia, and ROW).
Biomedical Solutions Inc., Cardinal Health Inc., Eppendorf AG, Haier Smart Home Co. Ltd., Helmer Scientific Inc., ilShin Lab Co Ltd., PHC Holdings Corp., Standex International Corp., Thermo Fisher Scientific Inc., The Middleby Corp. are a few of the key vendors in the blood bank refrigerators market.
North America will register the highest growth rate of 39.21% among the other regions. Therefore, the blood bank refrigerators market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the blood bank refrigerators market growth are:
  • Rise in the number of road accidents and sport injuries
  • Presence of value-added software and hardware products
The blood bank refrigerators market vendors should focus on grabbing business opportunities from the standard electric refrigerators segment as it accounted for the largest market share in the base year.
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