Ultra Low Temperature Freezer Market Global Research Report 2017 Analysis and Forecast to 2022
The global ultra-low temperature freezer market was valued at USD 701.48 million in 2015 and is expected to reach at USD 866.93 million by 2022. The expected moderate growth is majorly attributed to growing prevalence of chronic diseases, need for high-efficiency products, and demand for environment-friendly refrigerators. On the other hand, the high cost and maintenance involved, along with ethical issues in embryo freezing are factors restraining the growth of this market.
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