The Europe medical and lab refrigerators market is anticipated to project a CAGR of 4.29% during the forecast period, 2021-2028. The surging chronic diseases like cancer, infectious diseases, and cardiac diseases increase blood transfusion demands. This further offers market growth opportunities.
EUROPE MEDICAL AND LAB REFRIGERATORS MARKET FORECAST 2021-2028
Europe Medical and Lab Refrigerators Market by Product (Laboratory Refrigerators, Pharmacy Refrigerators, Blood Bank Refrigerators, Enzyme Refrigerators, Other Products) Market by End-user (Blood Banks, Pharmaceutical Companies, Hospitals & Pharmacies, Research Institutes, Other End-users) by Geography
The Europe medical and lab refrigerators market is anticipated to project a CAGR of 4.29% during the forecast period, 2021-2028. The surging chronic diseases like cancer, infectious diseases, and cardiac diseases increase blood transfusion demands. This further offers market growth opportunities.
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The Europe medical and lab refrigerators market growth assessment includes the evaluation of the United Kingdom, Poland, Germany, France, Belgium, Italy, Russia, and Rest of Europe. In the UK, the government’s industrial strategy entails the collaboration of SMBs and universities and investments to increase R&D. Also, the pharmaceutical industry of the country has strong R&D capabilities. In addition, the government allotted funds for advanced therapies, medicines, and vaccine development and manufacturing.
Further, in countries like Belgium, pharmaceuticals account for more than 10% of the total exports. Also, the government and the pharmaceuticals industry are investing in further developments to encourage R&D and innovations. In addition, the country is a world leader in the pharmaceuticals industry. Moreover, the country’s medical equipment and supplies market has witnessed an annual growth of around 4% in the last five years. Also, the Belgian Social Security System, which includes the Health Care System, is among the efficient and extensive in Europe. Therefore, the thriving medical and pharmaceutical sectors provide growth opportunities for the market analyzed.
Philipp Kirsch GmbH manufactures professional freezers and refrigerators for the laboratory and healthcare industries. The company has strong brand visibility domestically and internationally, providing it a competitive advantage and facilitating considerable market share. It is headquartered in Offenburg, Germany.
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- RESEARCH SCOPE & METHODOLOGY
- STUDY OBJECTIVES
- SCOPE OF STUDY
- METHODOLOGY
- ASSUMPTIONS & LIMITATIONS
- EXECUTIVE SUMMARY
- MARKET SIZE & ESTIMATES
- MARKET OVERVIEW
- MARKET DYNAMICS
- KEY DRIVERS
- INCREASE IN BLOOD DONATIONS DUE TO AWARENESS INITIATIVES
- DEMAND FOR BLOOD BANKS DUE TO ACCIDENTS, SURGERY INTERVENTIONS, AND OTHER SURGERIES
- KEY RESTRAINTS
- PREFERENCE FOR REFURBISHED EQUIPMENT
- HIGH COSTS OF MEDICAL REFRIGERATORS
- KEY DRIVERS
- KEY ANALYTICS
- IMPACT OF COVID-19 ON MEDICAL AND LAB REFRIGERATORS MARKET
- KEY MARKET TRENDS
- PORTER’S FIVE FORCES ANALYSIS
- BUYERS POWER
- SUPPLIERS POWER
- SUBSTITUTION
- NEW ENTRY
- INDUSTRY RIVALRY
- OPPORTUNITY MATRIX
- VENDOR LANDSCAPE
- MARKET BY PRODUCT
- LABORATORY REFRIGERATORS
- PHARMACY REFRIGERATORS
- BLOOD BANK REFRIGERATORS
- ENZYME REFRIGERATORS
- OTHER PRODUCTS
- MARKET BY END-USER
- BLOOD BANKS
- PHARMACEUTICAL COMPANIES
- HOSPITALS & PHARMACIES
- RESEARCH INSTITUTES
- OTHER END-USERS
- GEOGRAPHICAL ANALYSIS
- EUROPE
- MARKET SIZE & ESTIMATES
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- GERMANY
- FRANCE
- UNITED KINGDOM
- ITALY
- RUSSIA
- BELGIUM
- POLAND
- REST OF EUROPE
- EUROPE
- COMPETITIVE LANDSCAPE
- KEY STRATEGIC DEVELOPMENTS
- MERGERS & ACQUISITIONS
- PRODUCT LAUNCHES & DEVELOPMENTS
- PARTNERSHIPS & AGREEMENTS
- BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES
- COMPANY PROFILES
- BLUE STAR LIMITED
- FELIX STORCH INC
- FOLLETT LLC
- GODREJ & BOYCE MANUFACTURING COMPANY LIMITED
- HAIER BIOMEDICAL
- HELMER SCIENTIFIC INC
- LEC MEDICAL
- MIGALI SCIENTIFIC
- PHC HOLDINGS CORPORATION
- PHILIPP KIRSCH GMBH
- TEMPARMOUR REFRIGERATION
- THERMO FISHER SCIENTIFIC INC
- VESTFROST SOLUTIONS
- ZHONGKEMEILING CRYOGENICS COMPANY LIMITED
- KEY STRATEGIC DEVELOPMENTS
LIST OF TABLES
TABLE 1: MARKET SNAPSHOT – MEDICAL AND LAB REFRIGERATORS
TABLE 2: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, BY PRODUCT, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 3: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, BY PRODUCT, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 4: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, BY END-USER, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 5: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, BY END-USER, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 6: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, BY COUNTRY, HISTORICAL YEARS, 2016-2020 (IN $ MILLION)
TABLE 7: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, BY COUNTRY, FORECAST YEARS, 2021-2028 (IN $ MILLION)
TABLE 8: LEADING PLAYERS OPERATING IN THE EUROPE MEDICAL AND LAB REFRIGERATORS MARKET
TABLE 9: LIST OF MERGERS & ACQUISITIONS
TABLE 10: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS
TABLE 11: LIST OF PARTNERSHIPS & AGREEMENTS
TABLE 12: LIST OF BUSINESS EXPANSIONS, ANNOUNCEMENTS & DIVESTITURES
LIST OF FIGURES
FIGURE 1: KEY MARKET TRENDS
FIGURE 2: PORTER’S FIVE FORCES ANALYSIS
FIGURE 3: OPPORTUNITY MATRIX
FIGURE 4: VENDOR LANDSCAPE
FIGURE 5: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, BY PRODUCT, IN 2020
FIGURE 6: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, BY LABORATORY REFRIGERATORS, 2021-2028 (IN $ MILLION)
FIGURE 7: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, BY PHARMACY REFRIGERATORS, 2021-2028 (IN $ MILLION)
FIGURE 8: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, BY BLOOD BANK REFRIGERATORS, 2021-2028 (IN $ MILLION)
FIGURE 9: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, BY ENZYME REFRIGERATORS, 2021-2028 (IN $ MILLION)
FIGURE 10: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, BY OTHER PRODUCTS, 2021-2028 (IN $ MILLION)
FIGURE 11: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, BY END-USER, IN 2020
FIGURE 12: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, BY BLOOD BANKS, 2021-2028 (IN $ MILLION)
FIGURE 13: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, BY PHARMACEUTICAL COMPANIES, 2021-2028 (IN $ MILLION)
FIGURE 14: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, BY HOSPITALS & PHARMACIES, 2021-2028 (IN $ MILLION)
FIGURE 15: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, BY RESEARCH INSTITUTES, 2021-2028 (IN $ MILLION)
FIGURE 16: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, BY OTHER END-USERS, 2021-2028 (IN $ MILLION)
FIGURE 17: EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, COUNTRY OUTLOOK, 2020 & 2028 (IN %)
FIGURE 18: GERMANY MEDICAL AND LAB REFRIGERATORS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 19: FRANCE MEDICAL AND LAB REFRIGERATORS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 20: UNITED KINGDOM MEDICAL AND LAB REFRIGERATORS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 21: ITALY MEDICAL AND LAB REFRIGERATORS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 22: RUSSIA MEDICAL AND LAB REFRIGERATORS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 23: BELGIUM MEDICAL AND LAB REFRIGERATORS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 24: POLAND MEDICAL AND LAB REFRIGERATORS MARKET, 2021-2028 (IN $ MILLION)
FIGURE 25: REST OF EUROPE MEDICAL AND LAB REFRIGERATORS MARKET, 2021-2028 (IN $ MILLION)
- GEOGRAPHICAL ANALYSIS
- EUROPE
- MARKET SIZE & ESTIMATES
- KEY GROWTH ENABLERS
- KEY CHALLENGES
- KEY PLAYERS
- COUNTRY ANALYSIS
- GERMANY
- FRANCE
- UNITED KINGDOM
- ITALY
- RUSSIA
- BELGIUM
- POLAND
- REST OF EUROPE
- EUROPE
- MARKET BY PRODUCT
- LABORATORY REFRIGERATORS
- PHARMACY REFRIGERATORS
- BLOOD BANK REFRIGERATORS
- ENZYME REFRIGERATORS
- OTHER PRODUCTS
- MARKET BY END-USER
- BLOOD BANKS
- PHARMACEUTICAL COMPANIES
- HOSPITALS & PHARMACIES
- RESEARCH INSTITUTES
- OTHER END-USERS
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