Top Ultra-Low Temperature Freezer Market Companies Worldwide of 2021 - By Fortune Business Insights

Posted on Nov 15 2021 7:18 AM

"A list of all the renowned ultra-low temperature freezer manufacturers in the market: Thermo Fisher Scientific Inc.(United States), PHC Holdings Corporation (United States), Eppendorf AG (Germany), Esco Micro Pte Ltd. (Singapore), Helmer Scientific (United States), Arctiko A/S (Denmark), BIONICS SCIENTIFIC TECHNOLOGIES (P) LTD. (India), Glen Dimplex (Ireland), Haier Biomedical (United Kingdom), LABCOLD (United Kingdom), BINDER GmbH (Germany) "

The global ultra-low temperature freezer market is set to gain impetus from the increasing support of the government to conduct advanced research in the field of life science. This information is published by Fortune Business Insights™ in a new report, titled, “Ultra-Low Temperature Freezer Market Analysis, Size, Share & COVID-19 Impact Analysis, By Type (Chest and Upright), By Capacity (Less than 300 Liters, 301-500 Liters, 501-700 Liters, 701-900 Liters and More than 900 Liters), By Application (Bio Banks & Hospitals, Academic & Research Laboratories and Others) and Regional Forecast, 2020-2027.” The report further states that the ultra-low temperature freezer market size was USD 547.0 million in 2019 and is projected to reach USD 783.1 million by 2027, exhibiting a CAGR of 4.6% during the forecast period.

How Did We Create Market Report?

As customer expectations are changing, the aspirations of dealers are also changing at a fast pace. Distribution channels are becoming complicated. To provide our clients with detailed information, we have conducted extensive primary and secondary research. We have thoroughly investigated each opportunity qualitatively and quantitatively so that our clients get a complete picture of both emerging and existing opportunities. We have also conducted a techno-economic study.

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COVID-19 Pandemic to Affect Growth Positively Owing to Rising Number of Bio Banks

The outbreak of the COVID-19 pandemic has disrupted the supply chain, thereby obstructing production. But, the pandemic is likely to affect growth positively because of the increasing number of plasma treatment providers and bio banks worldwide. ULT freezers are therefore being demanded more to prevent transmission of the virus.

Key Highlights of the Market Report:

  • Detailed overview of ultra-low temperature freezer market Share
  • Changing market dynamics of the industry
  • In-depth market segmentation by Type, Application, etc.
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape of Market
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising market growth

Drivers & Restraints-

Rising Awareness about Blood Donation Camps to Augment Growth

The high demand for pharmaceuticals storage equipment from hospitals, research and academic institutes, and blood banks is set to propel the ultra-low temperature freezer market growth in the coming years. Apart from that, the increasing awareness of blood donation camps and organ donation practices in emerging countries would also contribute to growth. However, ULT freezers require regular maintenance to operate smoothly. Therefore, it needs high cost spending, thereby hampering growth.

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Competitive Landscape-

Key Players Focus on Acquisition Strategy to Compete with Their Rivals

The market for ultra-low temperature freezer houses numerous local and regional companies that are mainly engaging in the strategy of mergers and acquisitions to generate more sales. A few others are focusing on launching innovative ULT freezers to gain a competitive edge. Below are the two latest industry developments:

  • March 2020: Eppendorf AG is planning to acquire Koki Holdings Co., Ltd.’s premium himac brand, as well as its centrifuge business. It will help the former to strengthen its position as one of the world’s leading producers of high-end centrifuges for life science and plasma industries. It will also help the company to broaden its centrifuge business.
  • June 2019: PHC Holdings Corporation successfully acquired Thermo Fisher Scientific’s Anatomical Pathology business worth USD 1.14 billion.

A list of all the renowned ultra-low temperature freezer manufacturers in the market:

  • Thermo Fisher Scientific Inc. (United States)
  • PHC Holdings Corporation (United States)
  • Eppendorf AG (Germany)
  • Esco Micro Pte Ltd. (Singapore)
  • Helmer Scientific (United States)
  • Arctiko A/S (Denmark)
  • BIONICS SCIENTIFIC TECHNOLOGIES (P) LTD. (India)
  • Glen Dimplex (Ireland)
  • Haier Biomedical (United Kingdom)
  • LABCOLD (United Kingdom)
  • BINDER GmbH (Germany)

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Table Of Content Ultra-Low Temperature Freezer Market

1 Introduction

1.1. Definition, By Segment
1.2. Research Approach
1.3. Sources

2 Executive Summary

3 Ultra-Low Temperature Freezer Market Dynamics

3.1. Macro and Micro Economic Indicators
3.2. Drivers, Restraints, Opportunities and Trends
3.3. Impact of COVID-19
3.3.1. Short-term Impact
3.3.2. Long-term Impact

4 Competition Landscape

4.1. Business Strategies Adopted by Key Players
4.2. Consolidated SWOT Analysis of Key Players
4.3. PESTLE Analysis
4.4. Porter’s Five Force Analysis
4.5. Global Ultra-Low Temperature Freezer Market Share Analysis and Matrix, 2019

5 Key Market Insights and Strategic Recommendations

6 Profiles of Key Players (Would be provided for 10 players only)

6.1. Overview
6.1.1. Key Management
6.1.2. Headquarters etc.

6.2. Offerings/Business Segments

6.3. Key Details (Key details are subjected to data availability in public domain and/or on paid databases)
6.3.1. Employee Size
6.3.2. Key Financials
6.3.2.1. Past and Current Revenue
6.3.2.2. Gross Margin
6.3.2.3. Geographical Share
6.3.2.4. Business Segment Share

6.4. Recent Developments

TOC Continued...!

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