Middle East and Africa Medical and Lab Refrigerator Market is expected to reach US$ 280.58 Mn in 2027

Published Date: 17 Nov 2020

Report : Middle East and Africa Medical and Lab Refrigerator Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Product Type (Blood Bank Refrigerators, Laboratory Refrigerators, Pharmacy Refrigerators, Enzyme Refrigerators, Others); End User (Blood Banks, Pharmaceutical Companies, Hospitals and Pharmacies, Research Institutes, Others), and Geography

Medical and Lab Refrigerator Market for Pharmacy Refrigerators Segment to Grow at Fastest CAGR during Forecast Period

According to our new market research study on “Medical and Lab Refrigerator Market to 2027 – Middle East & Africa Analysis and Forecast – by Product Type, and End Use,” the market is expected to reach US$ 390.17 million in 2027 from US$ 280.52 million in 2019; it is estimated to grow at a CAGR of 4.2% from 2020 to 2027. The report highlights trends prevailing in the Middle East & Africa Medical and Lab Refrigerator Market and the drivers and restraints pertaining to the market growth.

Based on product type, the blood bank refrigerators, laboratory refrigerators, pharmacy refrigerators, enzyme refrigerators, others. Each facility has specific requirements for freezing and cooling. For example , research laboratories may require the holding of vital biological samples at a balanced temperature or at risk of cooperating with a timely study. Some health clinics, on the other hand, may need simple freezers to keep ice packs.

A specific type of refrigerator is therefore a specific application requirement. The use of an unsuitable refrigerator can be hazardous and, at the end of the day, much more expensive than investing in quality equipment precisely designed for the storage needs of the industry. The blood bank refrigerator is a critical piece of equipment that delivers safe and convenient storage of whole blood , blood components and reagents, ensuring the integrity of the blood and its components. Designated temperature controlled refrigeration equipment is precisely designed to store blood bags and operates at temperatures between 2 ° C and 6 ° C.

ZhongkeMeiling Cryogenics Company Limited, Felix Storch, Inc, Follett LLC, Helmer Scientific Inc., Haier Biomedical, Lec Medical, Philipp Kirsch GmbH, Thermo Fisher Scientific Inc., Vestfrost Solutions, Blue Star Limited are among the leading companies operating in the Medical and Lab Refrigerator Market.

Middle East & Africa Medical and Lab Refrigerator Market, By Country, 2019
Middle East & Africa Medical and Lab Refrigerator Market, By Country, 2019

The report segments Middle East & Africa Medical and Lab Refrigerator market as follows:

By Product Type

  • Blood Bank Refrigerators
  • Laboratory Refrigerators
  • Pharmacy Refrigerators
  • Enzyme Refrigerators
  • Others

By End User

  • Blood Banks
  • Pharmaceutical Companies
  • Hospitals and Pharmacies
  • Research Institutes
  • Others

By Country

  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA

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