Skip to main content

Surging Blood Donations boost Global Medical and Lab Refrigerators Market Growth

According to the projections put forth by Inkwood Research, the Global Medical and Lab Refrigerators Market is anticipated to record a CAGR of 4.14% in terms of revenue during the forecasting years of 2021-2028.

“Browse 43 Market Data Tables and 41 Figures spread over 208 Pages, along with an in-depth TOC on the Global Medical and Lab Refrigerators Market Forecast 2021-2028.”

BUY NOW- https://inkwoodresearch.com/reports/medical-and-lab-refrigerators-market/

 

Medical refrigerators store varied samples of biological origin like medicines, vaccines, deoxyribonucleic acid (DNA), ribonucleic acid (RBA), blood, blood derivatives, etc. They offer efficient storage conditions and are extensively used in diagnostic centers, research laboratories, educational institutions, hospitals, etc.

Increasing Blood Donations propel Market Growth

Governments and private companies worldwide are initiating awareness programs about blood donation. This includes educating about the misconceptions associated with the process and its benefits. Also, there is a growing need for blood banks and blood donation. For instance, as per the 2018 American National Red Cross data, the US needs almost 7000 platelet units and 10,000 plasma units. In addition, around 21 million blood components are transfused annually in the country. Moreover, the other factors propelling the demand for blood bank refrigerators are emergency and accident cases, blood diseases, hematology, general medicine, surgical procedures, etc.

Furthermore, with the evolving modern healthcare systems, rising incidences of numerous diseases, and increased life expectancy, there is a growing need for blood and blood derivatives. Also, small and medium-sized vendors have improved their product offerings to fulfill the standards set by the shifting end-user requirements and governing bodies. As a result, the rising need for blood banks and blood storage centers drives the market growth.



To know more about this report, request a free sample copy.

Major End-User: Pharmaceutical Companies

Pharmaceutical companies rely on specifically designed refrigeration units to maintain certain temperatures. Given their application, the supplies need to be kept away from spoiling, since they are considered valuable. Also, a slight malfunctioning or temperature change can cause damage to stored supplies. In addition, pharmaceutical companies are continuously engaged in multiple drugs manufacturing. Therefore, it becomes necessary to store different supplies at varying temperatures. Consequently, this will require a large number of refrigerators.

REQUEST FREE SAMPLE LINK - https://inkwoodresearch.com/reports/medical-and-lab-refrigerators-market/#request-free-sample

 

Fastest-Growing Region: Asia-Pacific

The increasing R&D activities for new drug compounds, growing demand for blood components, and technologically advanced medical refrigerators fuel market growth in the region. Also, the healthcare sector is witness to developments that accelerate the adoption of medical refrigerators. Moreover, companies focus on energy-efficient inverter compressors and natural refrigerators to minimize power consumption through slow-speed rotation control.

Several well-established manufacturers are increasing their market through the launch of advanced technology-based products and competitive prices. This has increased the competition among the existing players. LEC Medical, Thermo Fisher Scientific Inc, Blue Star Limited, Vestfrost Solutions, Haier Biomedical, etc., are some of the key companies in the market.

VIEW TABLE OF CONTENT LINK - https://inkwoodresearch.com/reports/medical-and-lab-refrigerators-market/#table-of-contents

 

About Inkwood Research

Inkwood Research specializes in syndicated & customized research reports and consulting services. Market intelligence studies with relevant fact-based research are customized across industry verticals such as technology, automotive, chemicals, materials, healthcare, and energy, with an objective comprehension that acknowledges the business environments. Our geographical analysis comprises North & South America, CEE, CIS, Middle East, Europe, Asia, and Africa.

Contact Us

https://www.inkwoodresearch.com

sales@inkwoodresearch.com

1-(857)293-0150

Related Reports:

GLOBAL MEDICAL LIGHTING TECHNOLOGIES MARKET

GLOBAL 3D MEDICAL IMAGING MARKET

GLOBAL LABORATORY AUTOMATION MARKET

Labels:

Comments

Post a Comment

Popular posts from this blog

Surging Chronic Conditions to Supplement Global Magnetic Resonance Imaging (MRI) Systems Market Growth

Inkwood Research anticipates that the Global Magnetic Resonance Imaging (MRI) Systems Market is evaluated to record a CAGR of 5.50% in terms of revenue during the forecasted years of 2021-2028. “Browse 53 Market Data Tables and 48 Figures spread over 229 Pages, along with an in-depth TOC on the Global Magnetic Resonance Imaging (MRI) Systems Market Forecast 2021-2028.”   BUY NOW - https://www.inkwoodresearch.com/reports/mri-systems-market/   Magnetic resonance imaging (MRI) is characterized as a non-invasive imaging technology aiming to produce detailed 3-D (three-dimensional) anatomical images. It is typically used for the detection and diagnosis of diseases, in addition to monitoring further treatment. MRI systems are based on a sophisticated technology that detects changes in the rotational axis direction of protons found in water that constitutes living tissues. Increasing Prevalence of Chronic Conditions to Augment Market Growth The four most critical types...
Post a Comment
Read more

Global Pharmacy Automation Equipment Market to Register Notable Growth Given the Decentralization of Pharmacies

Inkwood Research anticipates that the Global Pharmacy Automation Equipment Market is evaluated to project a CAGR of 7.93% in terms of revenue during the forecasting years of 2021-2028. “Browse 39 Market Data Tables and 39 Figures spread over 200 Pages, along with an in-depth TOC on the Global Pharmacy Automation Equipment Market Forecast 2021-2028.”   To know more about this report, request a free sample copy. Pharmacy automation is characterized as decentralized or centralized automated dispensing, labeling, packing, and other systems, that help minimize dispensing errors. Moreover, it also plays a vital role in terms of improving the workflow efficiency of hospital nursing staff as well as pharmacies. Decentralization of Pharmacies to Augment Market Growth Decentralized pharmacy services are considered in order to refer to a practice model where a pharmacist located on the ward is primarily responsible for distribution and clinical services, including possibly order e...
Post a Comment
Read more

Development of Target Based Drug Drives the Global Protein Sequencing Market at 6.47%

According to a new market research report published by Inkwood Research, Global Protein Sequencing Market is estimated to project a CAGR of 6.47% during the forecasting years of 2020-2028. "Browse 39 Market Data Tables and 44 Figures spread over 147 Pages, along with an in-depth TOC on the Global Protein Sequencing Market Forecast 2020-2028.” REQUEST FREE SAMPLE LINK - https://www.inkwoodresearch.com/reports/protein-sequencing-market/#request-free-sample Protein sequencing provides information regarding the amino acids that constitute a protein. While the sequencing process is performed, amino acids are consecutively removed from the n-terminal end of the protein strand and identified in the order they occur in the protein. Growing Focus on Target-Based Drug Development Since the last few years, a growing number of findings based on proteomics have boosted innovative drug development. Moreover, many drugs have been developed with an emphasis on single protein target...
Post a Comment
Read more