Home > Healthcare > Medical Devices > Medical Equipment > Ultra-low Temperature Freezers Market

Ultra-low Temperature Freezers Market Share

Report ID: GMI2403
Published Date: Dec 2024
Report Format: PDF

Download Free Sample

Ultra-low Temperature Freezers Market Share

The market is moderately fragmented, with a mix of large global players and regional manufacturers. While major companies like Thermo Fisher Scientific and Eppendorf SE dominate the market, there are several smaller players and regional brands that cater to specific needs or markets. The market's fragmentation is driven by varying customer demands, including different freezer sizes, technological features (e.g., automated systems), and regional preferences for energy efficiency and space utilization. Additionally, innovation and customization in freezer designs are helping smaller companies carve out niches in specific sectors such as pharmaceuticals, research, and healthcare?.

Ultra-low Temperature Freezers Market Companies

Some of the eminent market participants operating in the ultra-low temperature freezers industry include:

Arctiko
Avantor (VWR International)
Azbil Corporation
BINDER
CryoScientific
Eppendorf
Esco Micro
EVERMED
Haier Biomedical
Helmer Scientific
Labcold
LabRepCo
PHC Holdings Corporation
Stirling Ultracold (Global Cooling)
Thermo Fischer Scientific
Vestfrost Solutions

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The ultra-low temperature freezers industry was valued at USD 470.3 million in 2024 and is projected to grow at a 5.3% CAGR from 2025 to 2034, driven by the increasing importance of biobanks for storing biological samples.

The upright freezer segment held a 91% market share in 2024 due to its space-efficient design, which enhances organization and accessibility, making it ideal for laboratories, healthcare facilities, and biobanks.

The U.S. ultra-low temperature freezers market generated approximately USD 186.8 million in 2024, supported by advanced healthcare infrastructure, strong R&D capabilities, and a large pharmaceutical and biotechnology sector.

Key players in the market include Arctiko, Avantor (VWR International), Azbil Corporation, BINDER, CryoScientific, Eppendorf, Esco Micro, EVERMED, Haier Biomedical, Helmer Scientific, Labcold, and LabRepCo.