In 2021, Freeze and Thaw Systems Market was worth US$ 318.9 Mn. The incidence of chronic diseases has significantly increased, and manufacturers are working together to introduce novel therapies, which is driving the market’s expansion. The market is anticipated to see a CAGR of 6.8% over the anticipated time frame (2022-2032). Worldwide demand for freeze and thaw systems has increased due to the demand for novel and alternative medicines as well as expanding product development linked to global metrics on illness burden. Single-use tools and equipment are becoming more prevalent in developed economies in North America and Europe, which has improved their ability to produce and move goods both domestically and internationally.
Request for Free Sample Copy of Freeze and Thaw Systems Market @https://www.persistencemarketresearch.com/samples/15760
Marketplace rivalry
By integrating new technologies into their product lines, manufacturing behemoths like Thermo Fisher and GE Healthcare, among many others, have been upgrading and increasing their product ranges.
For instance, Thermo Scientific’s new CryoMed Controlled-Rate Freezers will be available starting in January 2021 and will provide repeatable and stable temperature performance along with improved data traceability.
A comprehensive set of gear, consumables, and software for cryopreservation was also acquired by GE Healthcare from Asymptote, aiding in maintaining the effectiveness of cellular therapies.
Key Market Study Conclusions
- By product, it is anticipated that single-use bags will account for almost 39% of market value by the end of 2032.
- According to application, the commercial segment holds the majority of the market in terms of value.
- The end user group was led by pharmaceutical and biotechnology firms in 2021, with a revenue share of almost 41.4%.
- In 2021, North America held the top regional market position with a value share of 32.2%.
Request for report Customization @https://www.persistencemarketresearch.com/market-research/freeze-and-thaw-systems-market.asp
What Is Covered in the Report?
- In its most recent analysis, Persistence Market Research provides a distinctive viewpoint and practical insights on the market for freeze and thaw systems. The study presents historical demand assessments for 2017–2021 and estimates for 2022–2032.
- The research study is based on the end user (academic & research institutes, pharmaceutical & biotechnology companies, contract research organisations, and contract manufacturing organisations) and the product (freeze-thaw modular platforms (lab scale, small/pilot scale, and large scale), controlled rate chambers, single-use bags, and shippers) across seven key regions of the world.
Buy Now this Report @https://www.persistencemarketresearch.com/checkout/15760
About Us
Persistence Market Research (PMR), as a 3rd-party research organization, does operate through an exclusive amalgamation of market research and data analytics for helping businesses ride high, irrespective of the turbulence faced on the account of financial/natural crunches.
Contact Us
Persistence market research
Address – 305 Broadway, 7th Floor, New York City, NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – [email protected]