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North America Biomedical Refrigerators & Freezers Market may exceed $1.4 bn by 2024

Extended use of biomedical refrigerators in the drug discovery process will increase demand for biomedical refrigerators and freezers in North America. American Drug Society has implemented certain initiatives that support R&D activities of drug manufacturing companies thus boosting market growth over the forecast timeframe.

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North America Biomedical Refrigerators & Freezers Market may exceed $1.4 bn by 2024

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  1. Biomedical Refrigerators & Freezers Market in North America is projected to surpass $1.4bn by 2024: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  2. Key Insights from Biomedical Refrigerators & Freezers Market : • Graphical Research says, Biomedical Refrigerators & Freezers Market to reach USD 1.4 bn by 2024 • Increasing demand for organ transplantation and biopharmaceuticals coupled with surging elderly population base will augment North America biomedical refrigerators and freezers market growth. • Extensive use of biomedical refrigerators and freezers in drug discovery process should foster industry growth over the forecast timeframe. • Surging use of refurbished equipment and excessive cost should hinder market growth. Additionally, highly fragmented market can outcome in low revenue that will further hinder North America biomedical refrigerators and freezers industry growth. • Shock freezers product segment of North America will grow at 4.8% over the forecast period due to associated benefits and escalating use of shock freezers in biological preparations for maintaining optimal temperature. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  3. Continued... • Research labs end-use segment of North America held revenue of USD 88.2 million in 2017 owing to growing demand for freezers and refrigerators in laboratories to complete regulatory requirements. • U.S. biomedical refrigerators and freezers market accounted for 72.5% revenue share of North America in 2017, due to surging rate of blood transfusion, accident victims, sickle cell anemia, and cancer. • Key business competitors operational in North America biomedical refrigerators and freezers market are Aegis Scientific, Arctiko, Azbil, B Medical Systems, Binder, Eppendorf, Follett, Haier Biomedical, Helmer Scientific, Liebherr-International, Migali Scientific, Panasonic Healthcare Corporation of North America, Powers Scientific, and Thermo Fisher Scientific. • Notable market players are adopting various strategies such as, merger, acquisition, new product launch to reap profits in North America biomedical refrigerators and freezers market. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  4. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  5. Browse Full Market Research Report On Biomedical Refrigerators & Freezers Market @ https://bit.ly/2Ijs1ye Request for a Sample of this Research Report @ https://bit.ly/2C71zXI ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  6. Stay In Touch With Us For: Website: www.graphicalresearch.com Social Media: Assured Quality On-Time Delivery Payment Security Industry Experts ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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