Global Blood Bank Refrigerators Market 2015-2019

  • Published: Dec 2015
  • Pages: 62
  • SKU: IRTNTR7671
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This market research report presents a detailed segmentation of the global blood bank refrigerators market by key regions such as APAC, Europe, North America, and ROW. Key findings also include an analysis of the leading vendors such as Biomedical Solutions, Haier Bio-Medical, Helmer Scientific, Panasonic Healthcare, and Thermo Fisher.

Market analysis of the blood bank refrigerators market

Technavio’s market research analyst predicts the global blood bank refrigerators market to grow at a CAGR of around 6% during the forecast period. The rise in the number of blood banks is driving the growth of this market. The need for blood and blood products is growing as modern healthcare systems have evolved, life expectancies have increased, and diseases have a higher incidence. The new treatments and practices and greater sophistication of surgical and medical procedures have intensified the need for the availability blood transfusions and blood products. This is turn is driving the market for blood bank refrigerators.

The adoption of stringent healthcare and regulatory policies is also contributing to the market growth. Various regulatory bodies, organizations, and governments have thus taken efforts to provide safe blood and blood products by incorporating guidelines in their national health care policy and infrastructure to ensure appropriate storage. For instance, WHO has laid out guidelines and is supporting developing countries through technical assistance for implementing quality storage equipment.

Geographical segmentation and analysis of the global blood bank refrigerators market

  • APAC
  • Europe
  • North America
  • ROW

North America was the largest revenue contributor during 2014 with a market share of around 42%. The report predicts the region to retain its market leadership until the end of 2019, growing at a CAGR of 6%.

The presence of a vast number of hospitals, blood banks, and biorepositories in this region has been fueling the growth of this market.

Competitive landscape and key vendors

The global blood bank refrigerators market is moderately concentrated with the presence of large and small-sized vendors.  The market is currently dominated by international providers and the competition among these players is intense. Vendors compete on the basis of safety, capacity, efficiency, reliability, features, and price. This research report anticipates numerous international providers to expand their presence worldwide through acquisitions during the forecast period.

The key vendors in the market are –

  • Biomedical Solutions
  • Haier Bio-Medical
  • Helmer Scientific
  • Panasonic Healthcare
  • Thermo Fisher

Other vendors in the market include Dometic, Follett, Glen Dimplex, Kirsch, LABCOLD, Lorne Laboratories, REMI, and Telstar.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2019?
  • What are the key factors driving the global blood bank refrigerators market?
  • What are the key market trends impacting the growth of the global blood bank refrigerators market?
  • What are the challenges to market growth?
  • Who are the key vendors in the blood bank refrigerators market?
  • What are the market opportunities and threats faced by the vendors in the blood bank refrigerators market?
  • Trending factors influencing the market shares of the APAC, Europe, North America and ROW?
  • What are the key outcomes of the five forces analysis of the global blood bank refrigerators market?
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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.

TechnavioINFORMATION SOURCES

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
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TechnavioDATA ANALYSIS

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
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TechnavioREPORT WRITING

Qualitative

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

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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