What is Thawing System Market Scope?
The thawing system is used for the safe storage and transport of biopharmaceuticals products. There are two major types of thawing system user manual and automated. Additionally, the system is used for treating chronic diseases and for treating different blood-related issues. The process can be automated or manual and it is applicable in various sectors such as blood banks & transfusion centres, hospitals & diagnostic laboratories, cord blood & stem cell banks among others. Chronic disease such as trauma where blood transfusion is required is one of the major aspects for the growth of the thawing system market.The factors such as increasing technological advancements in thawing devices are the major driving factor for the market. Besides this rising use of thawed cells in the research and treatment of diabetes and cancer has provided fuel for the growth of the market.
Influencing Trend:
Technological advancements in sample thawing devices
Market Growth Drivers:
The growing use of thawed cells in the study and treatment of diabetes and cancer, Increasing the focus of biorepositories on expanding their storage capacities and The rising number of road accidents,
Challenges:
The concern of biospecimen sample procurement
Restraints:
The high cost of automation
Opportunities:
Emerging economies present significant growth opportunities and The rise in the number of blood banks are some major opportunities
The Thawing System market study is being classified by Type (Manual Devices and Automated Devices), by Application and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analysts at AMA predicts that Players from United States will contribute to the maximum growth of Global Thawing System market throughout the predicted period.
Helmer Scientific (United States), Boekel Scientific (United States), Sarstedt(Germany), Barkey (Germany), BioCision (United States), Cardinal Health (United States), Sartorius (Germany) and GE Healthcare (United States) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are Thermo Fisher Scientific (United States) and CytoTherm (United States).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Thawing System market by Type, Application and Region.
On the basis of geography, the market of Thawing System has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their Development Strategies
In June 2022, Azenta, Inc. announced that it has entered into a definitive agreement to acquire Barkey Holding GmbH and its subsidiaries ("Barkey"), a leading provider of controlled rate thawing devices to medical, biotech and pharma industries. Barkey is headquartered in Leopoldshöhe, Germany.
In September 2022, Entegris partnered with Farrar Scientific by Trane Technologies, a global climate innovator. Farrar offers operating systems for ultra-cold temperature storage and controlled rate freeze/thaw chambers for pharmaceutical, biotech, and biorepository applications. Source: https://www.mordorintelligence.com/industry-reports/thawing-system-market
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Thawing System Manufacturer, Government Regulatory and Research Organizations and End-Use Industry
Thawing System Market Study: Important Years
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Thawing System Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Thawing System industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.