Medical Thawing System Market to Showcase High Growth; to cross USD 276.4 MN Mark by 2027
Posted On February 16, 2021
During the period of 2020-2027 it is expected that the Global Medical Thawing System Market will showcase a CAGR of 7.5%. The market is foreseen to reach USD 276.4 MN by 2027 as stated in the published market study by Value Market Research. Medical thawing system is designed to defrost biological samples for future use with high reproducibility and negligible danger of contamination. A rapid increase in the number of chronic diseases resulting in organ failures is the key factor anticipated to fuel medical thawing systems' demand. A rise in surgical procedures and the emerging need for plasma storage in blood bank & transfusion centers, hospitals, tissue banks, biotechnology & pharma labs for future use will further propel market growth. The growing adoption of in vitro fertilization (IVF) technique to handle infertility will boost the demand for advanced thawing systems. A rise in awareness about plasma donation and government initiatives to boost plasma donation will benefit market growth. A few factors likely to hamper market growth are the high cost of these devices and the complex regulatory approval process.
A medical thawing system is designed to rapidly thaw fresh frozen plasma (FFP) or cryoprecipitate AHF for future infusion into a patient. It is commonly used in blood banks and laboratories. This system is safe, dry, easy to use, uses a disposable, medical-grade sleeve to reduce rupture or contamination of the stored samples, and provides accurate measurement of the specimen's actual temperature during the thawing process. The coagulation factors needed in life-saving transfusion procedures are well preserved. This system's various other features include dry electronic circuits, a touch screen with a user-friendly interface, easy maintenance, continuous data capture and report of the full thawing cycle, an integrated barcode reader to enable freezer-to-vein tracking, and whisper-quiet operation.
The initial sections of the report "Global Medical Thawing System Market Report By Product Type (Manual, Automated), By Sample (Blood, Embryo, Ovum, Semen, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2020-2027" starts with the introduction, a crisp market summary followed by detailed revenue analysis as per segments and regions. The market drivers responsible for pushing the market growth are discussed in length in the report. The medical thawing system market opportunities are useful to identify the profit canters and take the strategic decision accordingly.
On the basis of Product Type the market is segmented into Manual, Automated. By Sample the medical thawing system market is categorised as Blood, Embryo, Ovum, Semen, Others. The other regions studied in the report are North America, Europe, Latin America and Middle East & Africa. The regional spread of all the segments and sub segments are detailed in the report.
The Report Segments Global Medical Thawing System Market -
By Product Type
- North America
- the Asia Pacific
- Latin America
- The Middle East and Africa
Players Profiled In the Report:
BioCision, LLC, Helmer Scientific Inc., Boekel Scientific, SARSTEDT AG & Co. KG, GE Healthcare, Cardinal Health, Barkey, GE Healthcare, Thermo Fisher Scientific, and Cytotherm.
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