IMARC Group, a leading market research company, has recently released a report titled "Medical Thawing System Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028." The study provides a detailed analysis of the industry, including the global medical thawing system market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
What Are The Growth Prospects Of The Medical Thawing System Industry?
According to the report, The global medical thawing system market size reached US$ 191.0 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 301.5 Million by 2028, exhibiting a growth rate (CAGR) of 7.6% during 2023-2028.
What is Medical Thawing System?
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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What are the growth prospects and trends in the Medical Thawing System industry?
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.
What is included in market segmentation?
The report has segmented the market into the following categories:
Breakup by Product Type:
- Manual
- Automated
Breakup by Sample Type:
- Blood
- Plasma
- Stem Cells
- Whole Blood
- Platelets
- Embryo
- Ovum
- Semen
Breakup by End User:
- Blood Banks
- Hospitals
- Tissue Banks
- Pharmaceutical and Biotech Companies
- Others
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
Who are the key players operating in the industry?
The report covers the major market players including:
- 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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