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Blood Bank Refrigerator Market In The US To Grow At A CAGR Of 5.79% During The Period 2017-2021

Press Release   •   Jan 30, 2017 04:28 EST has recently announced the addition of a market study “ Blood Bank Refrigerators Market in the US 2017-2021 ”, is a comparative analysis of the global market.

About Blood Bank Refrigerators

The demand for blood products is likely to grow during the forecast period due to an increase in the incidence of diseases in the US, which is home to the fastest growing elderly population. This might escalate the number of chronic and age-related diseases, necessitating an increase in blood transfusion as a part of treatment. This has made it indispensable for hospitals and diagnostic centers to employ highly specialized refrigeration equipment to ensure the proper preservation and storage of blood units, which can be made immediately available for transfusion or research purposes. Considering the lack of an adequate supply of blood in the US, organizations such as the American Association of Blood Banks have set stringent guidelines to ensure appropriate storage and supply, thereby forcing end-users such as blood banks and hospitals to use highly efficient cold storage systems to store blood units.

Technavios analysts forecast the blood bank refrigerator market in the US to grow at a CAGR of 5.79% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the blood bank refrigerator market in the US for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of blood bank refrigerators in the US.

Technavio's report, Blood Bank Refrigerators Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

Biomedical Solutions

B Medical Systems

Helmer Scientific

Thermo Fisher Scientific

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Other prominent vendors


Bionics Scientific Technologies




Glen Dimplex



Lorne Laboratories

Macro Scientific Works


Sure Chill

Vestfrost Solutions

Market driver

Growing number of blood banks

For a full, detailed list, view our report

Market challenge

Uncertain performance of temperature alarm system

For a full, detailed list, view our report

Market trend

Developments in monitoring systems

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analysts time when you purchase this market report. Details are provided within the report.

Table Of Content

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

Key market highlights

PART 05: Market landscape

Market overview

Market size and forecast

PESTEL analysis

Five forces analysis

PART 06: Market segmentation by product type

Market overview

PART 07: Market segmentation by end-user

Market overview

Hospitals and diagnostic centers

Stand-alone blood bank centers

Others in blood bank refrigerators market in US

PART 08: Market drivers

PART 09: Impact of drivers

PART 10: Market challenges

PART 11: Impact of drivers and challenges

PART 12: Market trends

PART 13: Vendor landscape

Competitive scenario

Biomedical Solutions

B Medical Systems

Helmer Scientific

Thermo Fisher Scientific

Other prominent vendors

Other prominent vendors in the global blood bank refrigerators market

PART 14: Conclusion

The last word: Blood bank refrigerators market in US 2017-2021

PART 15: Appendix