Europe Medical and Lab Refrigerator Market Key Companies and SWOT Analysis by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

Europe 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

Report Date : Nov 2020
Report Code : TIPRE00016228

Category : Life Sciences
Status : Published

Available Report Formats :
No. of Pages : 103

Page Updated: Dec 2020

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The Europe Medical and Lab Refrigerator is expected to reach US$ 907.31 million in 2027 from US$ 672.80 million in 2019; it is estimated to grow at a CAGR of 3.8% from 2020 to 2027.

Germany held significant market share in 2019. In 2019, there were over 20,000 pharmacies in Germany. Also, in 2018, the sales volume of refrigerated medical articles and temperature-sensitive pharmaceuticals amounted to 19.2 million and 8.8 million, respectively. Moreover, as per the CPhI Pharma Index 2019, Germany was ranked as a prominent country in the pharmaceutical industry. The research further states Germany as an elite pharmaceutical market, surpassing its European rivals in Active Pharmaceutical Ingredient (API) Manufacturing, competitiveness, innovation, finished product manufacturing, as well as growth potential. The country offers an ideal location for the pharmaceutical industry in terms of development, production, as well as sale. Furthermore, according to German Trade & Invest, the country is the leading nation in the European region and fourth-largest pharmaceutical markets worldwide. The presence of a robust pharmaceutical industry is expected to propel the demand for Europe Medical and Lab Refrigerator market in Germany.

Germany Medical and Lab Refrigerator Market Revenue and Forecast to 2027 (US$ Million)

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

EUROPE MEDICAL AND LAB REFRIGERATOR – MARKET SEGMENTATION

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

UK
Germany
France
Italy
Russia

Company Profiles

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

Europe Medical and Lab Refrigerator Report Scope

Report Attribute	Details
Market size in 2019	US$ 672.80 Million
Market Size by 2027	US$ 907.31 Million
Global CAGR (2020 - 2027)	3.8%
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Product Type Blood Bank Refrigerators Laboratory Refrigerators Pharmacy Refrigerators Enzyme Refrigerators By End User Blood Banks Pharmaceutical Companies Hospitals and Pharmacies Research Institutes
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	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

Research Manager

Mrinal Kerhalkar

Manager,
Market Research & Consulting

Mrinal is a seasoned research analyst with over 8 years of experience in Life Sciences Market Intelligence and Consulting. With a strategic mindset and unwavering commitment to excellence, she has built deep expertise in pharmaceutical forecasting, market opportunity assessment, and developing industry benchmarks. Her work is anchored in delivering actionable insights that empower clients to make informed strategic decisions.

Mrinal’s core strength lies in translating complex quantitative datasets into meaningful business intelligence. Her analytical acumen is instrumental in shaping go-to-market (GTM) strategies and uncovering growth opportunities across the pharmaceutical and medical device sectors. As a trusted consultant, she consistently focuses on streamlining workflow processes and establishing best practices, thereby driving innovation and operational efficiency for her clients.

What are the Europe Medical and Lab Refrigerator Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Global, Regional, Country
Industry and Competitive Landscape
Excel Dataset

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