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Biomedical Refrigerators and Freezers Market

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Report Description<br />

<strong>Biomedical</strong> refrigerators <strong>and</strong> freezers are medical equipment, used for storing various<br />

biological samples such as biological reagents, blood, blood derivatives, medicines,<br />

vaccines, deoxyribonucleic acid (DNA), ribonucleic acid (RNA), <strong>and</strong> flammable chemicals.<br />

Samples with biological origin require precise conditions for effective storage. In<br />

comparison with domestic refrigerators <strong>and</strong> freezers, biomedical refrigerators <strong>and</strong><br />

freezers provide optimum conditions for efficient storage of samples with biological<br />

origin. <strong>Biomedical</strong> refrigerators <strong>and</strong> freezers are widely used in blood banks, hospitals,<br />

diagnostic centers, research laboratories, educational institutes, etc. Based on<br />

temperature range, commercially available biomedical refrigerators <strong>and</strong> freezers offer<br />

different applications. For example, ultra-low temperature freezers with temperature<br />

range between -70 to -80 <strong>and</strong> low are used for prolonged storage of biomedical samples<br />

such as DNA <strong>and</strong> RNA. Plasma freezers offer temperature range between -30°C to -40°C<br />

<strong>and</strong> hence, are preferred for the storage of plasma products, whole blood <strong>and</strong> vaccines.<br />

Blood bank refrigerators are suited for the storage of whole blood or blood component<br />

products. However, the blood bank refrigerators segment contributes the largest market<br />

share for the global biomedical refrigerators <strong>and</strong> freezers market. The blood bank<br />

refrigerators segment is mainly driven by steady rise in the number of blood banks in<br />

developing <strong>and</strong> developed regions <strong>and</strong> the presence of stringent regulatory<br />

requirements. On the other h<strong>and</strong>, laboratory, medical freezers <strong>and</strong> pharmacy segments<br />

are expected to grow with fastest CAGR during the forecast period.<br />

The global biomedical refrigerator <strong>and</strong> freezer market is expected to grow at a single digit<br />

CAGR during the forecast period (2015-2025).

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