Freeze and Thaw Systems: Demand for Innovation in Medicine Drive Adoption Rates


Published on : Sep 27, 2019

Albany, New York, September 27, 2019: The freeze and thaw systems market is still in a nascent stage. However, the field is expected to grow extensively in the years ahead. This growth will be largely attributed to the increasing demands from the medical and biopharmaceutical industries to efficiently handle the storage and transportation of sensitive products.

In 2018, the adoption of freeze and thaw systems accounted for industry revenues worth USD 253.5 million. The global freeze and thaw systems market is estimated to grow at a strong CAGR of ~ 7 per cent till the end of the forecast period to 2029, owing to the demand for transport and storage infrastructure for cell based substances and research samples.

These insights are derived from the intelligence report, titled, “Global Market Study on Freeze and Thaw Systems: What’s Stored for the Future of Medicine?” which has been added recently to the Market Research Hub’s (MRH) ever-expanding repository.

Bulk Production and Transport Applications Gain Traction

A large number of bio-therapeutic products are expensive to produce. Consequently, manufacturers are increasingly seeking to adopt bulk production of biological materials to cut down on these expenses. However, this approach faces major challenges in terms of safely storing drugs in bulk for longer periods of time.

As a result, freeze and thaw systems are witnessing increased rates of adoption, which allows drug manufacturers to store their products in sub-freezing temperatures with minimal risk of degradation. This factor, is also expected to increase the adoption of freeze and thaw systems in relevant research organizations as well.

Freeze and Thaw Systems Market: Report Content

The report comprises an analysis on the freeze and thaw system market. In addition, it focuses on multiple facets in the market that are expected to impact development in multiple scenarios including, drivers, restraints, opportunities, and trends. The report also focuses on the segmentation of the market that aims at providing an exhaustive analysis on freeze and thaw systems.

The report also describes standards of benchmarking that are aimed at assessing product performance, solutions and business processes. It also emphasizes on the performances of rival companies-with the aim of improving on performance.

The in-depth analysis of the competitive scenario of the freeze and thaw system market relies on Porters’ Five Force Analysis. This offers exhaustive analysis on the potential strategies of players in the freeze and thaw system market. These strategies depends upon product portfolio, recent developments, company profile, SWOT analysis, and key differentiation.

Freeze and Thaw System Market: Research Methodology

The report on freeze and thaw system relies on primary research and secondary research that offers comprehensive intelligence insights. Nevertheless, the report focuses on veracious and unbiased sources that have had an impact in the preparation of the report. On the other hand, the report also hinges upon primary sources that is developed through reliable analysis from experts, telephonic interviews, and detailed analysis from seasoned analysts, and surveys. In addition, the secondary sources of data incorporates press releases, EC filings, government websites, trade journals, and databases.

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