The Thawing System Market
is expected to reach a CAGR of 7.05% and the market will grow up to
12,701.52 USD million.
Due to increasing
focus on research and development of cell therapies, moreover increasing
applications in cancer treatment. Companies are using a trend of strategic
alliance and acquisition to gain the market and minimize the competition in the
market.Additionally, the growing research and development expenditure by the
government as well as private sector is likely to contribute to the market
growth. As per the data by the Office for National Statistics, in 2016,
the gross domestic expenditure on research and development (R&D) was Euro
33.1 billion (USD 35.2 billion) in the UK. However, the high cost of Automation
may hamper the market growth during the assessment period.
Major Key
Players:
Some of Thawing
System Market Players are Helmer Scientific,
Sarstedt, Sartorius, Biocision, Boekel Scientific, Barkey, Cardinal Health, GE
Healthcare, Thermo Fisher Scientific, Cytotherm, and others.
Segment Analysis
The Global
Thawing System Market has been segmented into type, sample type, and end
user. By type, the market has been segmented into manual devices and
automated devices. Based on sample type, the market has been segmented
into blood, plasma, stem cells, whole blood & red blood cells, platelets,
embryos, ovum, semen, and others.
The thawing system
market, by end user, has been segmented into blood banks & transfusion
centers, hospitals & diagnostic laboratories, research & academic
institutes, biotechnology & pharmaceutical companies, and others.
Regional Analysis
On regional basis, the Americas
is anticipated to dominate the global thawing system market owing to the
growing R&D budgets by both government as well as commercial pharmaceutical
and biotechnological companies and increasing adoption of advanced technologies
in the region. Europe is expected to hold the second largest position in
the global thawing system market owing to the presence of strong academic &
research base and availability of funding for research in the European
countries. Asia Pacific has served an opportunity for developing thawing system
market in this region due to increasing demand for the better treatment and devices
and increasing prevalence of disease like diabetes and cancer. The Middle East
& Africa has the least share of the global thawing system market. Moreover,
the major market share of the region is expected to be held by the Middle East
region owing to the increasing government initiatives for the healthcare
sector.
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