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Prominent players involved in the market include Thermo Fisher Scientific Inc., PHC Corporation, and Eppendorf SE. The leading players in the market employed various strategies for sustained competitive advantage. These market participants are actively engaged in strategic collaborations, partnerships, mergers, etc., to maintain their position in the market, capture the highest market share, and outperform the competition.
For instance, in February 2021, Follett Products, LLC, a division of The Middleby Corporation, and PHC Corporation of North America (PHCNA) announced a partnership to market and distribute PHCNA's PHCbi line of ultra-low temperature (ULT) freezers, pharmaceutical grade refrigerators, and biomedical freezers to Follett's healthcare clientele. These products were integrated with Follett's existing lineup of high-performance refrigerators, freezers, and related offerings. This collaboration positioned PHC Corporation to expand its product range and cater more comprehensively to the needs of healthcare providers, enhancing its market presence and customer satisfaction within the healthcare sector.
Some of the eminent market participants operating in the U.S. biomedical refrigerators and freezers industry include: