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Global Medical and Lab Refrigerator Market 2021 Focusing on Industry Growth and Emerging Trends
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Medical and Lab Refrigerator Market 2021-2027 Industry by Regions, Type, Application by 2027
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The market is expected to reach US$ 390.17 million in 2027 from US$ 280.52 million in 2019; it is estimated to grow at a CAGR of 4.2% from 2020 to 2027.
Based on product type, the blood bank refrigerators, laboratory refrigerators, pharmacy refrigerators, enzyme refrigerators, others. Each facility has specific requirements for freezing and cooling. For example, research laboratories may require the holding of vital biological samples at a balanced temperature or at risk of cooperating with a timely study. Some health clinics, on the other hand, may need simple freezers to keep ice packs.
A specific type of refrigerator is therefore a specific application requirement. The use of an unsuitable refrigerator can be hazardous and, at the end of the day, much more expensive than investing in quality equipment precisely designed for the storage needs of the industry.
Research and Markets: European Medical and Lab Refrigerator Market Forecast to 2027 by Product Type, End User and Geography with COVID-19 Impact and Regional Analysis - ResearchAndMarkets.com
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The European Medical and Lab Refrigerator market is expected to reach US$ 907.31 million in 2027 from US$ 672.80 million in 2019; it is estimated to grow at a CAGR of 3.8% from 2020 to 2027. This report highlights trends prevailing in the Europe Medical and Lab Refrigerator Market and the drivers and restraints pertaining to the market growth.
Based on product type, the blood bank refrigerators, laboratory refrigerators, pharmacy refrigerators, enzyme refrigerators, others. The blood bank refrigerator is a critical piece of equipment that delivers safe and convenient storage of whole blood, blood components, as well as reagents, thus ensuring the integrity of the blood and its components. It is a designated temperature controlled refrigeration equipment pr
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