Medical Thawing System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Medical Thawing System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

  • January 2022 •
  • 143 pages •
  • Report ID: 6223566 •
  • Format: PDF
The global medical thawing system market reached a value of US$178.2 Million in 2021. Looking forward, the analyst expects the market to reach US$287.5 Million by 2027, exhibiting a CAGR of 7.8% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

Medical thawing system defrosts biological samples for biology research, safe storage and transportation of biopharma products. It uses microprocessors to regulate temperature and perform cryopreserved ovum, semen, and embryo samples appropriately. At present, the increasing utilization of frozen plasma and blood products is catalyzing the demand for automated medical thawing systems worldwide. These systems assist in rapidly thawing live biological content to retain reproducibility and reduce the risk of contamination.

Medical Thawing System Market Trends:
A considerable rise in the number of individuals suffering from chronic diseases and viral and bacterial infections represents one of the major factors driving the demand for blood transfusion and medical thawing systems. This can also be accredited to the growing participation of people in blood donation campaigns across the globe. In line with this, the widespread adoption of organ transplantation and increasing organ donors are propelling the market growth. Apart from this, the increasing geriatric population that undergoes surgical procedures is contributing to the need for tissue transplantation. This, in turn, is increasing the adoption of medical thawing systems to harvest and store skins, cornea, tendons, bone joints, Dura mater, and cartilage in tissue banks. Additionally, the coronavirus disease (COVID-19) outbreak has fueled the need for tissue banks to collect tissue specimens, understand cellular responses and the biological impact of infection, and identify new therapeutic interventions and prevention strategies. Besides this, the rising adoption of regenerative medicine and personalized treatment is propelling the use of medical thawing systems in biobanking worldwide. Furthermore, increasing investments in research and development (R&D) projects to find effective solutions that treat rare diseases are anticipated to bolster the growth of the market.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global medical thawing system market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, sample type and end user.

Breakup by Product Type:
Manual
Automated

Breakup by Sample Type:
Blood
Plasma
Stem Cells
Whole Blood
Platelets
Embryo
Ovum
Semen

Breakup by End User:
Blood Banks
Hospitals
Tissue Banks
Pharmaceutical and Biotech Companies
Others

Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Barkey GmbH & Co. KG, Biolife Solutions Inc., Boekel Scientific, Cardinal Health Inc., General Electric Company, Helmer Scientific Inc., Hospicare Systems, labcold Limited, MMS Medical and Laboratory Supplies, Sarstedt AG & Co. KG, Sartorius AG, Terumo Penpol Private Limited (Terumo Corporation) and Thermo Fisher Scientific Inc.

Key Question Answered in this Report
1. What was the size of the global medical thawing system market in 2021?
2. What is the expected growth rate of the global medical thawing system market during 2022- 2027?
3. What are the key factors driving the global medical thawing system market?
4. What has been the impact of COVID-19 on the global medical thawing system market?
5. What is the breakup of the global medical thawing system market based on the product type?
6. What is the breakup of the global medical thawing system market based on the sample type?
7. What is the breakup of the global medical thawing system market based on the end user?
8. What are the key regions in the global medical thawing system market?
9. Who are the key players/companies in the global medical thawing system market?