Medical and lab refrigerator Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

Medical and lab refrigerator market was valued at US$ 2,267.9 million in 2019 and is projected to reach US$ 3,096.6 million by 2027 to grow at a CAGR of 3% from 2020 to 2027.

The growing demand for safe storage of blood and blood derivatives in hospitals, pharmacies, clinics and diagnostic centers is accelerating the global medical and laboratory refrigerator market growth. Increasing government funding in both the medical research and pharmaceutical sectors is expected to further increase the demand for medical and laboratory refrigerators.

Key Players:

The major players that are operating in the global Medical and Lab Refrigerator market are

• So-Low Environmental Equipment Co., Inc.
• Aucma
• Labcold
• Temparmour Refrigeration
• Indrel
• Dulas
• Felix Storch

Segment by Type

• Single Door
• Double Door

Segment by Application

• Blood Banks
• Pharmaceutical Companies
• Hospitals & Pharmacies
• Research Institutes
• Medical Laboratories
• Diagnostic Centers

Scope of the Report

The research study analyzes the global Medical and lab refrigerator industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Medical and lab refrigerator Market Report

1. What was the Medical and lab refrigerator Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of Medical and lab refrigerator Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Medical and lab refrigerator Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.