Global market for lab freezers projected to climb 21% by 2026

The laboratory freezer market will jump from $4.7 billion in 2022 to $5.7 billion in 2026, according to market research organization Reportlinker. The projected growth is attributed to a spike in demand for storage of COVID-19 vaccines, as well as blood and its components.

Advertisement

COVID-19 booster mandates would further drive growth in the market.

North America currently holds the largest market share by region, driven in part by the U.S. being home to more of the top lab freezer manufacturers than any other country.

Becker’s 3rd Annual Fall Chief Pharmacy Officer Summit is the top tier event that the people leading the future of pharmacy convene. This 3-day event is built specifically for Chief Pharmacy Officers and senior pharmacy leaders. The sessions examine the workforce, financial and clinical priorities shaping pharmacy today. Becker’s is where candid discussions flourish and new ideas thrive. Becker's 3rd Annual Fall Chief Pharmacy Officer Summit

Advertisement

Next Up in Lab

Advertisement

Comments are closed.