Lucintel's latest market report analyzed that ultra-low temperature freezer provides attractive opportunities in the bio-banks & hospitals, pharmaceutical and biotechnology companies, and academic and research laboratory markets. The ultra-low temperature freezer market is expected to reach $XX billion by 2028 with a CAGR of 4% to 6%. In this market, upright ULT freezer is the largest segment by product type, whereas bio-banks & hospitals is largest by end use industry. Increasing investment in life science R&D and emerging government support for clinical trials & research provides strategic growth path in this market.
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Based on product type, the ultra-low temperature freezer market is segmented into upright ULT freezer and chest ULT freezers. The upright ULT freezer segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to its large storage capacities and ease of use and cost-effectiveness.
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The Ultra-Low Temperature Freezer Market is marked by the presence of several big and small players. Some of the prominent players offering ultra-low temperature freezer include Eppendorf Ag, Helmer Scientific, Panasonic Healthcare Corporation, Thermo Fisher Scientific, Arctiko A/S, Bionics Scientific Technologies (P) Ltd, and Glen Dimplex.
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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link [email protected].
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. 972.636.5056
Cell: 303.775.0751
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