Global Vaccine Refrigerators Market Size study, by Product (Vaccine stainless steel refrigerators, vaccine dual-temperature refrigerators, vaccine under-counter refrigerators, solar vaccine refrigerators, and others) by End-User (Hospitals, blood banks, pharmaceutical companies and academic & research institutes) and Regional Forecasts 2020-2027 , Covid 19 Outbreak Impact research report added by Report Ocean, is an in-depth analysis of market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider Vaccine Refrigerators market, and compares it with other markets., market definition, regional market opportunity, sales and revenue by region, manufacturing cost analysis, Industrial Chain, market effect factors analysis, Vaccine Refrigerators market size forecast, market data & Graphs and Statistics, Tables, Bar &Pie Charts, and many more for business intelligence. Get complete Report (Including Full TOC, 100+ Tables & Figures, and Chart). – In-depth Analysis Pre & Post COVID-19 Market Outbreak Impact Analysis & Situation by Region
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Global Vaccine Refrigerators Market is valued approximately USD 421 million in 2019 and is anticipated to grow with a healthy growth rate of more than 6.1 % over the forecast period 2020-2027. Vaccine refrigerators are used to store vaccines to protect them from deterioration at the temperature necessary. Vaccine coolers have stable, ultra-low temperatures specially designed to preserve vaccine stability. Vaccine storage is influenced by the sunny climate in developed nations and by energy shortage problems in rural areas and thus, solar power vaccine fridges are used in these countries. Refrigerators with vaccines are cost-effective and exceptionally reliable. The major factors propelling the growth of Vaccine Refrigerators market are the growth in the number of infectious diseases contributing to an increase in vaccine demand, in turn fueling the market growth. The last decades have seen an increase in the number of epidemics with the introduction of new viruses into society. For example, the outbreak of Ebola virus that threatened the African region between 2014-16 and the annual recurring seasonal influenza virus. Large-scale vaccination of the risk-associated population is needed to fight these diseases, which raises the demand for glass vaccine vials during the forecast era. As of March 2016, Ebola virus resulted in nearly 29 thousand outbreaks and over 11.3 thousand deaths, according to the World Health Organisation. Although the flu outbreak leads to deaths worldwide between 290 thousand to 650 thousand persons. In comparison, the last COVID-19 pandemic resulted in 111 million cases of positive Corona Virus. Owing to the high prevalence and recurrence of these diseases, the need for a vaccine refrigerator for proper storage and transport of the vaccine is stimulating the growth of the industry. Also, the increasing research and development activities of advanced vaccine development institutes and government agencies have further increased the market for vaccine refrigerators. The global vaccine refrigerator market is powered by increased investment by government agencies and comprehensive pharmaceutical industry R&D efforts for new vaccine production. A broad patient pool for immunization is produced by the high prevalence of infectious diseases such as flu, mumps and other viral infections. This provides the vaccine refrigerator industry with growth opportunities. In addition, technologically advanced products such as solar vaccine coolers are projected to provide the industry with growth opportunities in the near future. However, High cost of refrigerators designed specifically for vaccines is a key factor expected to curtail growth of the global market over the forecast period. Moreover, growing trend of using refurbished equipment is another factor expected to hinder growth of the total market in the near future.
The main regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are included in the geographical overview of the global Vaccine Refrigerators industry. North America is the leading region across the world in terms of market share owing to the growing demand for vaccines due to increasing research and development activities in the academic and pharmaceutical industries, increasing awareness of immunization services, and high health care spending in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate over the forecast period 2020-2027. Factors such as rapidly increasing number of infectious diseases in the country and government efforts to raise awareness about immunization services to prevent outbreak diseases would create lucrative growth prospects for the Vaccine Refrigerators market across Asia-Pacific region.
Major market player included in this report are:
- Thermo Fisher Scientific Inc.
- Haier Biomedical
- Aegis Scientific Inc.
- Godrej Medical Refrigerators
- Eppendorf AG
- Panasonic Healthcare Co.
- Leibherr Group
- B Medical Systems S.à r.l.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
- Vaccine stainless steel refrigerators
- Vaccine dual-temperature refrigerators
- Vaccine under-counter refrigerators
- Solar vaccine refrigerators
- Blood banks
- Pharmaceutical companies
- Academic & research institutes
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
Market Behavior/ Level of Risk and Opportunity
End Industry Behavior/ Opportunity Assessment
Expected Industry Recovery Timeline
Business Impact Horizon
Opening of Economy by Q3 2020
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021
Under COVID-19 Outbreak Impact Analysis:
We analyzed industry trends in the context of COVID-19. We analyzed the impact of COVID-19 on the product industry chain based on the upstream and downstream markets. We analyze the impact of COVID-19 on various regions and major countries.
The impact of COVID-19 on the future development of the industry is pointed out.
Study Explore :
- Market Behavior/ Level of Risk and Opportunity
- End Industry Behavior/ Opportunity Assessment
- Expected Industry Recovery Timeline
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Geographical Breakdown: The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
Countries: Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Key questions answered: Study Explore COVID 19 Outbreak Impact Analysis
The study objectives of this report are:
- To study and analyze the global market size (value & volume) by company, key regions/countries, products and application, history data from 2014 to 2018, and forecast to 2025.
- To understand the structure of market by identifying its various subsegments.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- Focuses on the key global manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the growth trends, future prospects, and their contribution to the total market.
- To project the value and volume of submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
The Study Explore COVID 19 Outbreak Impact Analysis
- What should be entry strategies, countermeasures to economic impact, and marketing channels?
- What are market dynamics?
- What are challenges and opportunities?
- What is economic impact on market?
- What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
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Key Points Covered in Vaccine Refrigerators Market Report:
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Million)
1.2.1. Vaccine Refrigerators Market, by Region, 2018-2027 (USD Million)
1.2.2. Vaccine Refrigerators Market, by Product, 2018-2027 (USD Million)
1.2.3. Vaccine Refrigerators Market, by End User, 2018-2027 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Vaccine Refrigerators Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Vaccine Refrigerators Market Dynamics
3.1. Vaccine Refrigerators Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
220.127.116.11. Growth in the number of infectious diseases
18.104.22.168. Increased investment by government agencies and comprehensive pharmaceutical industry R&D efforts
3.1.2. Market Challenges
22.214.171.124. High cost of refrigerators
126.96.36.199. Growing trend of using refurbished equipment
3.1.3. Market Opportunities
188.8.131.52. Increasing research and development activities
184.108.40.206. Technologically advanced products such as solar vaccine coolers
Chapter 4. Global Vaccine Refrigerators Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Vaccine Refrigerators Market, by Product
5.1. Market Snapshot
5.2. Global Vaccine Refrigerators Market by Product, Performance – Potential Analysis
5.3. Global Vaccine Refrigerators Market Estimates & Forecasts by Product 2017-2027 (USD Million)
5.4. Vaccine Refrigerators Market, Sub Segment Analysis
5.4.1. Vaccine stainless steel refrigerators
5.4.2. Vaccine dual-temperature refrigerators
5.4.3. Vaccine under-counter refrigerators
5.4.4. Solar vaccine refrigerators
Chapter 6. Global Vaccine Refrigerators Market, by End User
6.1. Market Snapshot
6.2. Global Vaccine Refrigerators Market by End User, Performance – Potential Analysis
6.3. Global Vaccine Refrigerators Market Estimates & Forecasts by End User 2017-2027 (USD Million)
6.4. Vaccine Refrigerators Market, Sub Segment Analysis
6.4.2. Blood banks
6.4.3. Pharmaceutical companies
6.4.4. Academic & research institutes
Chapter 7. Global Vaccine Refrigerators Market, Regional Analysis
7.1. Vaccine Refrigerators Market, Regional Market Snapshot
7.2. North America Vaccine Refrigerators Market
7.2.1. U.S. Vaccine Refrigerators Market
220.127.116.11. Product breakdown estimates & forecasts, 2017-2027
18.104.22.168. End User breakdown estimates & forecasts, 2017-2027
7.2.2. Canada Vaccine Refrigerators Market
7.3. Europe Vaccine Refrigerators Market Snapshot
7.3.1. U.K. Vaccine Refrigerators Market
7.3.2. Germany Vaccine Refrigerators Market
7.3.3. France Vaccine Refrigerators Market
7.3.4. Spain Vaccine Refrigerators Market
7.3.5. Italy Vaccine Refrigerators Market
7.3.6. Rest of Europe Vaccine Refrigerators Market
7.4. Asia-Pacific Vaccine Refrigerators Market Snapshot
7.4.1. China Vaccine Refrigerators Market
7.4.2. India Vaccine Refrigerators Market
7.4.3. Japan Vaccine Refrigerators Market
7.4.4. Australia Vaccine Refrigerators Market
7.4.5. South Korea Vaccine Refrigerators Market
7.4.6. Rest of Asia Pacific Vaccine Refrigerators Market
7.5. Latin America Vaccine Refrigerators Market Snapshot
7.5.1. Brazil Vaccine Refrigerators Market
7.5.2. Mexico Vaccine Refrigerators Market
7.6. Rest of The World Vaccine Refrigerators Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Thermo Fisher Scientific Inc.
22.214.171.124. Key Information
126.96.36.199. Financial (Subject to Data Availability)
188.8.131.52. Product Summary
184.108.40.206. Recent Developments
8.2.2. Haier Biomedical
8.2.3. Aegis Scientific Inc.
8.2.4. Godrej Medical Refrigerators
8.2.5. Eppendorf AG
8.2.7. Panasonic Healthcare Co.
8.2.9. Leibherr Group
8.2.10. B Medical Systems S.à r.l.
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.3. Market Estimation
9.2. Research Attributes
9.3. Research Assumption
……..and view more in complete table of Contents
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