- B Medical Systems in January 2022 announced that it is opening new manufacturing facility in India. Factors such as the company’s huge investment and more production capacity of medical cold chain products such as freezers and vaccine refrigerators helped in rising up the demand in the market.
- Azbil Corporation subsidiary company Telstar announced the launch of LyoQuest Arctic in March 2020. It is a new laboratory freeze dryer operating with natural gases. This freeze dryer specially designed for R&D laboratories. This strategy strengthened Azbil biomedical freezers product portfolio.
Frequently Asked Questions
The market is segmented based on Global Biomedical Refrigerators and Freezers Market Segmentation, By Product (Blood Bank Refrigerators, Lab Refrigerators, Plasma Freezers, Lab Freezers, Ultra-Low Temperature Freezers and Shock Freezers), Application (Storage, Transport, Research, Others), End User (Hospitals, Blood Banks, Clinical and Pathology Laboratories, Others) – Industry Trends and Forecast to 2032
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The Global Biomedical Refrigerators And Freezers Market size was valued at USD 4.92 USD Billion in 2024.
The Global Biomedical Refrigerators And Freezers Market is projected to grow at a CAGR of 9.01% during the forecast period of 2025 to 2032.
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America..
