Lewes, DE -- (SBWIRE) -- 12/17/2015 -- Report forecast the global blood bank refrigerator market to grow at a CAGR of 5.64% over the period 2014-2019.

Blood bank refrigerators are used to store whole blood and blood components. This equipment ensures that blood products are stored at temperatures between 2°C and 6°C so that they can be used for transfusions. The refrigeration system typically consists of a compressor, a capillary tube, a condenser, an evaporator, and interconnecting tubing. The unit comes in various configurations, including countertop, floor, and under-counter units. This equipment has evolved in terms of construction, safety, meeting storage requirements, and performance.

In this report, Technavio covers the present scenario and growth prospects of the global blood bank refrigerator market for 2015-2019. To calculate the market size, we use the revenue generated from the sale of blood bank refrigerators.

According to the report, there has been an increase in the awareness level because of education of the masses on the benefits and misconceptions related to donating blood. People have become more open to the idea of donating blood. We expect an increase in blood donation in the near future due to widespread awareness campaigns by government organizations and private companies.

Further, the report states that inadequate financial and infrastructure resources are a major challenge restraining the adoption of purpose-designed blood storage equipment, particularly in developing economies.

Global Blood Bank Refrigerator Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the global blood bank refrigerator market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

key players in the Global Blood Bank Refrigerators Market: Biomedical Solutions, Haier Bio-Medical, Helmer Scientific, Panasonic Healthcare and Thermo Fisher

Other Prominent Vendors in the market are: Dometic, Follett, Glen Dimplex, Kirsch, LABCOLD, Lorne Laboratories, REMI, and Telstar.

Key regions
- APAC
- Europe
- North America
- ROW

Key market driver
- Growth in number of blood banks
- For a full, detailed list, view our report

Key market challenge
- Inadequate resources
- For a full, detailed list, view our report

Key market trend
- Temperature uniformity
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 62 pages and 25 Exhibit "Global Blood Bank Refrigerators Market 2015-2019" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Other prominent vendors, Key vendor analysis, Appendix.

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