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Vaccine Refrigerators Market

Vaccine Refrigerators Market Analysis By Product Type (Blood Bank Refrigerators, Shock, Plasma, Ultra-Low Heat Freezers and Laboratory/Pharmacy Refrigerators), By Region (North America, Europe, Asia Pacific, South America and Middle East and Africa) to 2023

  • ID : 75336033  |  
  • Published : May-2019  |  
  • Region : Global  |  
  • Pages : 150   |  
  • Publisher : Research Cosmos

Vaccine Refrigerators Market Size and Growth Rate:

Vaccine Refrigerators Market was valued at USD xx Million in 2017 and is expected to reach USD xx Million by 2023 growing at a CAGR of 6% during the forecast period 2018 to 2023.

Vaccine Refrigerators Market – Growth Drivers, Challenges and Opportunities:

The vaccine refrigerators market is driven by an increase in the number of transmissible diseases, which has increased the demand for vaccines. Growing research and development actions in institutes and government organizations for the advancement of innovative vaccines have further increased the demand for vaccine refrigerators. Increase in funding by government regulations and extensive R&D activities by pharmaceutical companies for new vaccine development are driving the global vaccine refrigerators market.

However, the high cost of vaccine refrigerators and the growing trend of using refurbished equipment are important restraining factors for the market. High prevalence of infectious diseases such as flu, mumps, and other viral infections creates a large population base for immunization that offers growth opportunities for the market. Moreover, products with a technological change such as solar vaccine refrigerators are anticipated to provide growth opportunities to the market shortly.

The risk of blood transmission errors is increasing rapidly due to unscientific inventory management systems. The presence of stringent regulations for storage of blood components is a crucial factor driving the segment's growth. For instance, in the U.S., the Center for biologics evaluation and research (CBER) actively regulates the acquisition and storage of blood and blood components, which may be used for blood transfusion or the manufacturing of pharmaceutical commodities.

However, the pharmacies are supposed to emerge as the fastest growing category over the forecast period. A growing number of adverse reactions and building wastage of vaccines due to thermal shock is a significant factor in boosting the growth.

Vaccine Refrigerators Market – Regional Analysis:

Geographically, the global vaccine refrigerators market has been categorized into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounts for a principal share of the global market for vaccine refrigerators. Growing research and development projects in academic and pharmaceutical sectors, raising awareness regarding immunization programs, and high health care investment in the region are augmenting the market for vaccines in North America. The Asia Pacific is a rapidly growing market for vaccine refrigerators, due to the rising number of dangerous diseases in the region and government initiatives to create consciousness regarding immunization programs to eradicate pandemic diseases. Technological advancements by major vital players to provide cost-effective solar vaccine refrigerators in emerging countries of Asia Pacific are driving the vaccine refrigerators market in the region.

Some of the promising companies leading the Vaccine Refrigerators Market are:

  1. Thermo Fisher Scientific, Inc.
  2. Haier Biomedical
  3. Aegis Scientific, Inc.
  4. Godrej Medical Refrigerators,
  5. Eppendorf AG
  6. LABREPCO
  7. Panasonic Healthcare Co.
  8. Standex
  9. Leibherr Group
  10. B Medical Systems S.à r.l.
  11. Philipp Kirsch GmbH
  12. Helmer Scientific

This research report includes following segmentation for the Vaccine Refrigerators Market size and forecast until 2023:

Vaccine Refrigerators Market – By Product Type:

  • Blood Bank Refrigerators
  • Shock
  • Plasma
  • Ultra-Low Heat Freezers
  • Laboratory/Pharmacy Refrigerators

Vaccine Refrigerators Market – By Region:

  • North America                                               

    • United States                             
    • Canada 

  • Europe                                                                              

    • United Kingdom                                        
    • Germany                                     
    • France                                       
    • Italy                             
    • Spain                                         

  • Asia-Pacific                                                  

    • China                                           
    • India                                          
    • Japan                                          
    • South Korea                              

  • Latin America                                                                             

    • Brazil                                         
    • Argentina                                   
    • Mexico                                      

  • Middle-East & Africa                                                   

    • Middle-East
    • Africa

  1. Introduction                                                                       
  2. Research Methodology                                                                     

    1. Analysis Design                                               
    2. Research Phases                                                             

      1. Secondary Research                                    
      2. Primary Research                                        
      3. Expert Validation                                         

    3. Study Timeline                                                

  3. Overview                                                                           

    1. Executive Summary                                                        
    2. Key Inferences                                                 
    3. New Developments                                                        

  4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                                              

    1. Vaccine Refrigerators Market Drivers                                                
    2. Vaccine Refrigerators Market Restraints                                                           
    3. Key Challenges                                                
    4. Current Opportunities in the Vaccine Refrigerators Market                                                              

  5. Vaccine Refrigerators Market Segmentation                                                                      

    1. By Product Type

      1.  Blood Bank Refrigerators
      2.  Shock
      3.  Plasma
      4.  Ultra-Low Heat Freezers
      5.  Laboratory/Pharmacy Refrigerators
      6.  Vaccine Refrigerators Market Estimates & Forecasts, by Function, 2018-2023       
      7.  Year on Year Growth Rates, by Type, 2018-2023       
      8.  Vaccine Refrigerators Market Attractiveness Index, by Function, 2018-2023

  6. Geographical Analysis

      1.  North America Vaccine Refrigerators Market

        1. Introduction                             
        2. United States Vaccine Refrigerators Market
        3. Canada Vaccine Refrigerators Market

      2.  Europe Vaccine Refrigerators Market

        1. Introduction
        2. United Kingdom Vaccine Refrigerators Market                                           
        3. Germany Vaccine Refrigerators Market                                     
        4. France Vaccine Refrigerators Market                                          
        5. Italy Vaccine Refrigerators Market
        6. Spain Vaccine Refrigerators Market

      3.  Asia Pacific Vaccine Refrigerators Market

        1. Introduction
        2. China Vaccine Refrigerators Market
        3. India Vaccine Refrigerators Market
        4. Japan Vaccine Refrigerators Market
        5. South Korea Vaccine Refrigerators Market

      4.  Latin America Vaccine Refrigerators Market

        1. Introduction
        2. Brazil Vaccine Refrigerators Market
        3. Argentina Vaccine Refrigerators Market
        4. Mexico Vaccine Refrigerators Market

      5.  Middle East and Africa Vaccine Refrigerators Market

        1. Introduction
        2. Middle East Vaccine Refrigerators Market
        3. Africa Vaccine Refrigerators Market

  7. Strategic Analysis                                                               

    1. PESTLE analysis                                               

      1. Political                                        
      2. Economic                                     
      3. Social                                           
      4. Technological                                
      5. Legal                                            
      6. Environmental                                             

    2. Porter’s Five analysis                                                      

      1. Bargaining Power of Suppliers                                     
      2. Bargaining Power of Consumers                                 
      3. Threat of New Entrants                               
      4. Threat of Substitute Products and Services                                
      5. Competitive Rivalry within the Industry            

    3. Supply Chain Analysis

      1. Raw Material Suppliers
      2. Manufacturers/Producers
      3. Distributors/Retailers/Wholesalers/E-Commerce
      4. End Users      

  8. Vaccine Refrigerators Market Leaders' Analysis                                                                  

    1. Thermo Fisher Scientific, Inc.

      1. Overview                                      
      2. Product Analysis                                          
      3. Strategic Evaluation and Operations                                           
      4. Financial analysis                                          
      5. Legal issues                                  
      6. Recent Developments                                 
      7. SWOT analysis                                             
      8. Analyst View                                

    2. Haier Biomedical
    3. Aegis Scientific, Inc.
    4. Godrej Medical Refrigerators,
    5. Eppendorf AG
    6. LABREPCO
    7. Panasonic Healthcare Co.
    8. Standex
    9. Leibherr Group
    10. B Medical Systems S.à r.l.
    11. Philipp Kirsch GmbH
    12. Helmer Scientific

  9. Competitive Landscape                                                                     

    1. Vaccine Refrigerators Market share analysis                                                    
    2. Merger and Acquisition Analysis                                                    
    3. Agreements, collaborations and Joint Ventures                                                            
    4. New Product Launches                                                    

  10. Expert Opinions                                                               

    1. Vaccine Refrigerators Market Outlook                                                             
    2. Investment Opportunities                                                            

  11. Appendix                                                               

    1. List of Tables                                                     
    2. List of Figures

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