Industry Overview of RFID Blood Refrigerators and Freezers Market
Radio frequency identification (RFID) blood refrigerators and freezers represent advanced temperature-controlled storage systems that safely preserve and collect several reagents, plasma derivatives, red blood cells (RBCs), etc. They include a capillary tube, a condenser, expansion, an evaporator, interconnected tubing, electrically powered compressors, and a thermostat that aids in regulating refrigerator temperature. RFID blood refrigerators and freezers blood refrigerators and freezers also comprise compressors, motors, configurations, and emergency power systems to provide energy backup during fluctuations. They allow real-time tracking of critical platelet components. RFID blood refrigerators and freezers are safe to use and reliable and assist in minimizing technical errors, as well as increasing operational efficiency. Consequently, they find extensive applications in diagnostic centers and hospitals to store blood for storing, testing, transporting, and transfusion purposes.
How big is the RFID Blood Refrigerators and Freezers Market?
The global RFID blood refrigerators and freezers market size reached US$ 251.18 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 612.52 Million by 2028, exhibiting a growth rate (CAGR) of 15.91% during 2023-2028.
What Are the Growth Prospects and Trends in The RFID Blood Refrigerators and Freezers Industry?
The rising prevalence of various chronic diseases, such as thalassemia, leukemia, and hemophilia, is primarily driving the RFID blood refrigerators and freezers market. Additionally, the inflating need for blood banks in hospital settings to obtain samples, plasma, and platelets for conducting experiments and assessing cell functions is further bolstering the market growth. Besides this, the introduction of advanced blood refrigerators and freezers with drawer racks that are manufactured from corrosion-resistant steel and handles and enable the storage of blood tubes in excessive amount is acting as another significant growth-inducing factor. Moreover, the launch of favorable policies by government bodies and non-governmental organizations (NGOs) to generate awareness among individuals towards blood donation is also positively influencing the global market. Apart from this, continuous improvements in the healthcare infrastructures are anticipated to fuel the RFID blood refrigerators and freezers market over the forecasted period.
What is included in market segmentation?
The report provides detailed segmentation of the global rfid blood refrigerators and freezers market based on based on product type, caliber, guidance, lethality, application and region.
Breakup by Types:
- RFID Refrigerators
- RFID Freezers
Breakup by Applications:
- Hospitals and Diagnostic Centers
- Blood Banks
- Others
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
The report provides a comprehensive analysis of the industry key players listed below:
The Major Players in the market are Angelantoni Life Science Srl, Biomed Global, Cardinal Health Inc., IQM AS, MedSella (MedFlow Clinical Ltd.), Qingdao Haier Biomedical Co Ltd., Rollex Group Australia PTY Ltd., SATO Vicinity Pty Ltd. (SATO Holdings Corporation), Spacecode Technologies, Terso Solutions Inc. (Promega Corporation), Thalheimer Kühlung GmbH & Co KG and Venture Research Inc.
