The laboratory refrigerators and ovens market is expected to gain market growth in the forecast period of 2020 to 2027. and is expected to reach USD 1.45 billion by 2027. The high demand of laboratory refrigerators and ovens from clinical and biological research sectors will help in escalating the growth of the laboratory refrigerators and ovens market.
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Laboratory refrigerators and freezers refer to equipment which assists in storing samples and instrumentation used for conducting experiments requiring precise temperature control. These are also utilized for storing blood supplies for quality preservation, pharmaceutical and medical supplies. Laboratory ovens assist in providing precise and uniform temperature control for procedures such as evaporating, heating, sterilizing, baking and other industrial laboratory functions.
The growth in the sector of life sciences and research and development activities act as a key factor driving the laboratory refrigerators and ovens market in the forecast period 2020 to 2027. Technological advancement and innovation such as remote allocation and the rise in demand for subcontracting private laboratories also affect the market growth. . Additionally, the expansion of blood banking sector increases the demand for laboratory refrigerators which escalates the market growth. Furthermore, changes in consumer’s preference for choice of laboratory refrigerators and ovens and rising popularity of hydrocarbon freezers and laboratory ovens extend profitable opportunities for the laboratory refrigerators and ovens market.
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Laboratory Refrigerators and Ovens Market Scope and Market Size
The laboratory refrigerators and ovens market is segmented on the basis of laboratory refrigerators, laboratory freezers, laboratory ovens and application. The growth amongst these segments will help you analyze meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of laboratory refrigerators, the laboratory refrigerators and ovens market is segmented into general purpose lab refrigerator, explosion proof refrigerator, portable refrigerator, sub-zero refrigerator and walk-in refrigerator.
- On the basis of laboratory freezers, the laboratory refrigerators and ovens market is segmented into general purpose lab freezer, explosion proof freezer and ultra-low temperature freezer.
- On the basis of laboratory ovens, the laboratory refrigerators and ovens market is segmented into general purpose lab ovens and vacuum ovens.
- On the basis of application, the laboratory refrigerators and ovens market is segmented into research and testing laboratories, pharmaceutical and healthcare facilities.
Global Laboratory Refrigerators and Ovens Market Country Level Analysis
Global laboratory refrigerators and ovens market is analyzed and market size insights and trends are provided by country, laboratory refrigerators, laboratory freezers, laboratory ovens and application as referenced above.
The countries covered in the laboratory refrigerators and ovens market report are 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.
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Competitive Landscape and Laboratory Refrigerators and Ovens Market Share Analysis
Laboratory refrigerators and ovens market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to laboratory refrigerators and ovens market.
The major players covered in the laboratory refrigerators and ovens market report are AGA Marvel Corporation, Carbolite Gero Ltd., Cole-Parmer Instrument Company, LLC., Helmer Scientific Inc., NuAire, Thermo Fisher Scientific Inc., Telstar, Chart Industries, Eppendorf AG, LABCOLD, Sheldon Manufacturing, Inc., Worthington Industries, Haier Biomedical, Biomedical Solutions Inc., Arctiko, Angelantoni Life Science, BINDER GmbH, Bionics Scientific Technologies (P). Ltd., EVERMED s.r.l., Philipp Kirsch GmbH, Liebherr, Sheldon Manufacturing, Inc., Terso Solutions, Inc., Terumo Medical Corporation among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
