Key Findings
The United States medical and lab refrigerators market growth is anticipated to progress at a CAGR of 3.24% during the forecast period, 2021-2026. The market demand is set to accelerate, with many medical facilities ensuring proper storage conditions of their medicines through the facilities.

Market Insights
In the United States, the increasing research activities for disease treatment, growing chronic and infectious diseases, and the use of advanced energy-efficient cold storage devices drive the market growth. Also, there is a growing demand for blood and blood components and increased R&D activities for new drug compounds.
Further, the surging number of accidents and hematological disorders have raised the need for plasma and plasma fractionation operations. This propels the demand for freezers and refrigerators at blood banks. This is because laboratory freezers can ensure the safe storage of blood components and blood. In addition, these are equipped with insulated cabinets and compressors. As a result, they have warning alarm features and offer advanced temperature control and storage. Moreover, the US has immense growth opportunities due to developed healthcare systems, significant investments in the life sciences and pharmaceutical sectors, and growing demand for personalized medicine.

Competitive Insights
Follett Llc, Thermo Fisher Scientific Inc, Felix Storch Inc, Helmer Scientific Inc, Migali Scientific, etc., are among the prominent firms in the market.
Our report offerings include:

  • Explore key findings of the overall market
  • Strategic breakdown of market dynamics (Drivers, Restraints, Opportunities, Challenges)
  • Market forecasts for a minimum of 9 years, along with 3 years of historical data for all segments, sub-segments, and regions
  • Market Segmentation cater to a thorough assessment of key segments with their market estimations
  • Geographical Analysis: Assessments of the mentioned regions and country-level segments with their market share
  • Key analytics: Porter’s Five Forces Analysis, Vendor Landscape, Opportunity Matrix, Key Buying Criteria, etc.
  • Competitive landscape is the theoretical explanation of the key companies based on factors, market share, etc.
  • Company profiling: A detailed company overview, product/services offered, SCOT analysis, and recent strategic developments