Medical Refrigeration Market to Reach $ 2.74 Bn by 2031 |

2022-10-08 05:09:31 By : Mr. Dongsheng Yang

October 05, 2022 09:30 ET | Source: Transparency Market Research Transparency Market Research

Albany, New York, UNITED STATES

Wilmington, Delaware, United States, Oct. 05, 2022 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - Medical refrigeration companies are geared toward launching systems equipped with wide temperature range and an assortment of tracking and monitoring features, including UHF (Ultra High Frequency) and RFID. New trends in medical refrigeration indicate that solar powered freezers are a major technological advancement, since market stakeholders are keen on adopting renewable energy sources. Leading medical refrigerator manufacturers are looking to gain a competitive edge by commercializing such systems.

The global medical refrigeration market is projected to advance at a CAGR of 6.3% from 2022 to 2031. Many key players have planned to expand the production of medical refrigerators for vaccine storage. The market prospects are reinforced by industry stakeholders committed to ensure a reliable cold chain for vaccines across the globe. Stridently, in recent years, demand for smart vaccine refrigerators has unlocked a value-grab opportunity to all key players in medical refrigeration market.

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Key Findings of Medical Refrigeration Market Study

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Medical Refrigeration Market: Key Drivers

Medical Refrigeration Market: Regional Growth Dynamics

Medical Refrigeration Market: Key Players

The TMR report found the competition landscape of medical refrigeration market to be highly consolidated, with a few large vendors controlling the majority of stakes.

Some of the key players are Zhongke Meiling Cryogenics Co. Ltd., Vest Frost Solutions, Taylor-Wharton, SunDanzer, Kalstein, Helmer Scientific Inc., Haier Biomedical, Dohmeyer, and Dulas Ltd.

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