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Published on : Apr 22, 2016

ALBANY, New York, April 22, 2016: The report states that the global biomedical refrigerator and freezer market is expected to progress at a 4.26% CAGR during the period from 2016 to 2020 owing to the increased spending on research and development initiatives and the rising emphasis on energy efficient refrigerators and freezers.

Biomedical freezers and refrigerators are medical preservation equipment used to store reagents, biological samples, and chemicals at a low temperature. Biomedical refrigerators and freezers are primarily used in hospitals, laboratories, pharmacies, blood banks, and diagnostic centers. Biomedical refrigerators and freezers are able to accurately maintain a constant temperature, i.e. below -220 F. This equipment is primarily equipped with a specially designed microprocessor controller featured with audio alarms, visual alarms, and digital temperature displays. This enables better sample protection and preservation. 

Today, the world is striving to develop environment-friendly products. Energy saving is also the need of the hour. Leading players in the global biomedical refrigerator and freezer market are focused on introducing energy efficient refrigerators and freezers. Yet, the high cost of technologically advanced biomedical refrigerators and freezers is one of the major factors expected to restrict the growth of the global market. Further, the growing application of biomedical refrigerators and freezers in various sectors such as healthcare, research laboratories, and the pharmaceuticals industry is predicted to benefit the global market in the next few years.  

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By geography, the global biomedical refrigerator and freezer market is divided into the Americas, APAC, Europe, and MEA. Some of the prominent companies operating in the global biomedical refrigerator and freezer market are Eppendorf, Panasonic Biomedical, Haier BioMedical, Helmer Scientific, Azbil, Binder, Biomedical Solutions, Bionics Scientific Technologies, Fiocchetti, Desmon Scientific, and EVERmed. Leading players are expected to benefit from the many innovations and technological advancements taking place in the global biomedical refrigerator and freezer market. These new refrigerating devices are not only equipped with integrated solutions for biological samples and pharmaceuticals but also suit lab requirements for reliability and stability. The temperature maintenance feature of the new refrigerating and freezing equipment makes it more popular than ever before. 

The global market is filled with many refrigerators and freezers that are suitable for industrial research. The high capacity biomedical refrigerators and freezers are in demand globally. Among all available cooling equipment, laboratory refrigerators with freezers are an ideal choice for precise control and temperature uniformity. Modern refrigerators and freezers combine control, alarm, high performance, energy efficiency, and monitoring systems. Manufacturers of biomedical refrigerators and freezers are focusing on introducing a wide variety of cooling equipment to match the changing needs of various industry verticals and to stay in the competition.  

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