According to the latest report by IMARC Group “Medical Thawing System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, The global medical thawing system market reached a value of US$178.2 Million in 2021. Looking forward, IMARC Group expects the market to reach US$287.5 Million by 2027, exhibiting at a CAGR of 7.8% during 2022-2027
A medical thawing system refers to a system that is utilized to defrost biological samples for cell biology research. It uses microprocessors to regulate temperatures and cryopreserve ovum, semen, embryos, and other samples. Medical thawing systems assist in thawing live biological content to retain reproducibility and minimize the risk of contamination. They are primarily used during the transportation and storage of pharmaceutical products in the biopharmaceutical industry. Medical thawing systems are also widely adopted in blood banks, hospitals, tissue banks, biotech companies, etc.
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Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
The growing number of individuals suffering from chronic diseases and viral and bacterial infections is one of the key factors driving the medical thawing system market. In line with this, the expanding geriatric population, which is more susceptible to such ailments and frequently undergoes surgical procedures, is propelling the demand for tissue transplantation. This, in turn, is further catalyzing the market growth. Moreover, the rising adoption of medical thawing systems to harvest and store skins, cornea, tendons, bone joints, cartilages, etc., is augmenting the global market. Besides this, the increasing need for tissue banks to collect tissue specimens and analyze cellular responses to infections is acting as another significant growth-inducing factor. Furthermore, the elevating adoption of regenerative medicines and personalized treatments across countries is projected to fuel the medical thawing system market over the forecasted period.
Breakup by Product Type:
Breakup by Sample Type:
- Stem Cells
- Whole Blood
Breakup by End User:
- Blood Banks
- Tissue Banks
- Pharmaceutical and Biotech Companies
Market 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 with Key Player:
- 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.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
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