The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033.
The Laboratory Refrigerators And Ovens by The Business Research Company provides market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Laboratory Refrigerators And Ovens, The laboratory refrigerators and ovens market size has grown strongly in recent years. It will grow from $1.44 billion in 2023 to $1.53 billion in 2024 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to research and development activities, stringent regulatory requirement, biobanking and sample storage, biobanking and sample storage, pharmaceutical and biotech industry growth, globalization of research.The laboratory refrigerators and ovens market size is expected to see strong growth in the next few years. It will grow to $1.96 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%.
Product innovation stands out as a prominent trend in the laboratory refrigerators and ovens market, with major companies actively introducing innovative solutions to enhance their market position. As an illustration, in June 2022, Haier Biomedical, a UK-based provider of sustainable products and services to the life science sector, unveiled the DW-86L828ST, a next-generation ultra-low temperature (ULT) freezer. This product showcases an innovative integration of dual-system refrigeration technology and sophisticated frequency converter technology, providing dual security features and demonstrating industry-leading ultra-low energy performance. Furthermore, the product incorporates cutting-edge energy-saving refrigeration technologies, including the HC refrigeration system, intelligent frequency conversion technology, and a frequency conversion compressor.
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The laboratory refrigerators and ovens market covered in this report is segmented –
1) By Laboratory Refrigerators: General Purpose Lab Refrigerator, Explosion Proof Refrigerator, Portable Refrigerator, Sub-Zero Refrigerator, Walk-In Refrigerator
2) By Laboratory Ovens: General Purpose Lab Ovens, Vacuum Ovens
3) By Distribution Channel: Hospital Pharmacies, Retail Pharmacies, Online Stores
Top Major Players
Haier Biomedical,
Cole-Parmer Instrument Company,
Eppendorf AG,
Helmer Scientific,
Chart Industries Inc.
The laboratory refrigerators and ovens market report table of contents includes:
1. Executive Summary
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List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Laboratory Refrigerators And Ovens Market, Segmentation By Laboratory Refrigerators, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Laboratory Refrigerators And Ovens Market, Segmentation By Laboratory Ovens, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Laboratory Refrigerators And Ovens Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: Haier Biomedical Financial Performance
Table 75: Cole-Parmer Instrument Company Financial Performance
Table 76: Eppendorf AG Financial Performance
Table 77: Helmer Scientific Financial Performance
Table 78: Chart Industries Inc. Financial Performance
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