Thawing System: An Emerging Market with Attractive Growth Opportunities

Thawing System Market

According to the new market research “Thawing System Market by Type (Manual, Automated), Sample (Blood, Plasma, RBC, Platelets, Whole Blood, Embryo, Semen), End User (Blood Bank, Transfusion Center, Hospital, Tissue Bank, Biotechnology & Pharmaceutical) – Global Forecast to 2022″, analyzes and studies the major market drivers, restraints/challenges, and opportunities. The thawing system market is expected to reach USD 252.7 Million by 2022 from USD 139.6 Million in 2017, at a CAGR of 12.6%.

The global Thawing System market is segmented based on type, sample type, end user and region.

On the basis of type, the thawing system market is classified into manual and automated devices. The manual devices segment is expected to lead the global thawing system market in 2017. Factors driving the growth of this segment include low cost and wider availability of manual devices across the globe.

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By sample type, the market is segmented into blood, embryos, semen, ovum, and other samples (nucleic acids and human tissues). The blood sample segment is anticipated to account for the largest share of the global thawing system market in 2017. Rising incidence of blood disorders and increasing demand for various types of blood products are major factors responsible for the large share of this segment.

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On the basis of end user, the thawing system market is categorized into blood banks and transfusion centers; cord blood and stem cell banks; biotechnology and pharmaceutical companies; hospitals and diagnostics laboratories; research and academic institutes; and tissue banks. The blood banks and transfusion centers segment is estimated to account for the largest share of the global thawing system market in 2017. The heavy burden of chronic diseases (which requires blood transfusions) and increasing number of blood banks are the key factors driving the growth of this end-user segment.

Market Players

The key players in the Thawing System market are Helmer Scientific (US), Boekel Scientific (US), Sarstedt (Germany), Barkey (Germany), BioCision (US), Cardinal Health (US), Sartorius (Germany), GE Healthcare (US), Thermo Fisher Scientific (US), and CytoTherm (US).

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