Biomedical
refrigerators are medical equipment used for storing various
biological samples such as biological reagents, medicines, vaccines,
blood, blood derivatives, deoxyribonucleic acid (DNA), ribonucleic
acid (RNA), and flammable chemicals. Samples with biological origin
require accurate conditions for effective storage, which is more
effectively provided by biomedical refrigerators in compared with
domestic refrigerators. Samples of biological origin are usually
available in blood banks, research laboratories, hospitals,
educational institutes, and diagnostic centers. Biomedical
refrigerators maintain hygiene and consistent temperature in order to
reduce the risk of bacterial contamination and explosions of unstable
materials, due to which these refrigerators are widely used in blood
banks, biomedical laboratories and hospitals. Biomedical
refrigerators feature distinct compartments so as to prevent cross
contamination and can hold a variety of medical supplies such as
blood or vaccines.
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Escalating
demand for cellular therapies, blood transfusions, organ transplant,
and biopharmaceuticals is stimulating growth of the biomedical
refrigerators market. In addition, increasing biomedical R&D
activities is boosting demand for biomedical refrigerators, to store
biological samples. However, presence of large number of local
players and increasing use of renewed equipment are some of the
factors hampering growth of the global biomedical refrigerators
market. Rampant advancements in technology and infrastructural
upgrade of clinics, hospitals, and research laboratories, is expected
to fuel growth of the global biomedical refrigerators market over the
forecast period.
Factors
such as increasing importance on energy-efficient refrigerators are
driving the prospects for growth of the biomedical refrigerators
market. A major challenge faced by the market includes reduction in
energy consumption. According to the current standards, refrigerants
are required to have minimum global warming potential, an ozone
depleting potential of zero, and be nontoxic as well as inflammable.
It is highly challenging to adhere to these standards while
maintaining a stable temperature control. Therefore, manufacturers
are focusing on developing technologies to maximize efficiency and
temperature consistency, while minimizing heat and energy
consumption. Improvement of healthcare infrastructure due to the
increasing support from government and industry participants to
provide technical and financial assistance in procurement of
biomedical refrigerators is a positive trend witnessed in the market.
These factors in turn, are expected to boost growth of the market in
the near future.
North
America holds the maximum market share, majorly attributed to
presence of high quality standards and high expenses on hospital and
healthcare infrastructure in the region. The U.S. spends major share
of its GDP toward healthcare, with an aim to improve patient care,
reduce the wastage of pharmaceutical and biological components.
Growing prevalence of chronic diseases coupled with increasing
geriatric population, is triggering research and development that
requires appropriate biomedical storage of samples. This is
significantly driving the number of blood transfusion procedures,
consumption of various pharmaceutical products. This in turn, is
boosting demand for biomedical refrigerators across all the end-use
segments. Emerging economies such as India, China, and Indonesia are
increasingly boosting the expenditure on healthcare infrastructure
and medical services.
Major
Key Players
Key
players operating in the global biomedical refrigerators market
include Thermo Fisher Scientific, Aegis Scientific, Inc., Panasonic
Healthcare Co. Ltd., Eppendorf AG, Terumo Corporation, Haier
Biomedical, Philipp Kirsch GmbH, Leibherr Group, Inc., and Helmer
Scientific.
Biomedical
Refrigerators Market
On
the basis of product type, the biomedical refrigerator market:
-
Blood Bank Refrigerators
-
Laboratory Refrigerators
On
the basis of end user, the biomedical refrigerator market:
-
Hospitals
-
Pharmacies
-
Diagnostic Centers
-
Research Laboratories
-
Blood Banks
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