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Thawing System Market by Type, Sample, End User - Global Forecast to 2022

Thawing System Market: Global Forecast until 2022

  • November 2017
  • 168 pages
  • ID: 5223260
In this report:
The global sample thawing devices market is expected to reach USD ##.## million by 2022 from USD ##.## million in 2017, at a CAGR of ##.##%.
According to the Deloitte Touche Tohmatsu Limited (DTTL) Life Sciences and Health Care Industry Group, in 2015, pharmaceutical spending in North America was projected to rise at an average of ##.##% annually, encouraged by rising employment and continued economic recovery in the region.

Summary

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The overall thawing system market forecasted to grow at a compound annual growth rate (CAGR) of 12.6% during the forecast horizon.

The thawing system market is forecasted to reach $252.70M by 2022 from $139.60M in 2017, at a compound annual growth rate (CAGR) of 12.60 percent. Factors driving the rise of this market contain growing use of thawed cells in the market research and treatment of diabetes and cancer and increasing number of road accidents, emergencies, and trauma cases necessitating blood transfusions and cryopreserved blood products. On the other hand, the high cost of automation is anticipated to limit industry growth in the next years. Issues related to biospecimen sample procurement are also anticipated to challenge market increase to a certain extent

The automated devices segment is anticipated to rise at the quickest increase rate during the outlook period.

By category, the thawing system market is classified into manual devices and automated devices. The automated devices segment is envisaged to grow at the quickest rate during the estimate period. Advanced applications of automated thawing devices compared to manual defreezing devices is a main aspect driving the increase of this market.

The blood banks and transfusion centers segment is planned to grow at a quick rate during the analysis period.

By final user, the thawing system market is broken down into blood banks and transfusion centers; hospitals and diagnostics laboratories; cord blood and stem cell banks; analysis and academic institutes; biotechnology and pharmaceutical companies; and tissue banks. The blood banks and transfusion centers segment is anticipated to grow at the quickest rate during the outlook period. Growing number of blood banks and increasing burden of chronic diseases which requires blood transfusion are driving the increase of this segment.

Asia-Pac is intended to grow at the highest compound annual growth rate (CAGR) during the study period.

Geographically, the thawing system market is anticipated to be dominated by North America (NA), succeeded by EU, in 2017. Asia Pacific (APAC) is forecasted to grow at the quickest rate which can be attributed to the developing healthcare infrastructure, growing burden of cancer, and rising initiatives to foster blood donations.

The primary interviews conducted for this market report can be categorized as follows:

• By Company category - Tier 1 - 60.0 percent, Tier 2 - 20.0 percent and Tier 3 - 20.0 percent

• By Description - C-suite - 40.0 percent, Director-level - 20.0 percent, Others - 40.0 percent

• By Area - North America continent - 40.0 percent, Europe (EU) - 20.0 percent, Asia Pacific- 40.0 percent

The top players in the thawing system market contain Helmer Scientific, Sarstedt, Boekel Scientific, BioCision, Cardinal Health, Barkey, Sartorius, Thermo Fisher Scientific, GE Healthcare (GE subsidiary) and CytoTherm.

Segment Research

The report analyses the thawing system market by category, sample type, end-user, and area. Apart from a comprehensive geographic product review and sizing of market, the study also offers a competitive analysis that includes the increase strategies approved by sector actors over the last three years. Additionally, the corporation reviews contain the product types, advancements, and strategies approved by prominent market actors to maintain and rise their companies in the industry. Market research data, current market size, and forecast of the future trends will facilitate top market players and new sector entrants to make the essential decisions regarding product offerings, geographic focus, change in strategic way, and levels of output in order to remain successful in the market.

Main highlights

This business report will allow both established firms as well as new entrants/smaller companies to measure the pulse of the sector, which in turn will facilitate these companies collect greater segment market share. Companies obtaining the analysis can use any one or an aggregation of the below-mentioned five strategies for strengthening their market shares.

This study furnishes highlights on the following points:

• Market Uptake: Exhaustive data on the product portfolios of the top actors in the thawing system market

• Product Development/Innovative products: In-depth understanding on the next technologies, R&D activities, and launches of new product in the thawing system market

• opposing assessment: In-depth assessment of the market strategies, geographic and industry segments, and product review of the main players in the thawing system market

• Market Development: Highlighted information about emerging sectors. This industry report examines the sector for different sample thawing devices across geographies

• industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the thawing system market

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