Published Date: 22-Dec-2020
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According to a new report Global Medical Thawing System Market, published by KBV research, The Global Medical Thawing System Market size is expected to reach $243.7 Million by 2026, rising at a market growth of 10.4% CAGR during the forecast period.
In 2019, the market was dominated by the blood bank and transfusion centers segment with a significant market share. The dominance of the segment is mainly because of the high utilization of the thawing system in these blood banks and transfusion centers. As per the World Health Organization, there were around 13,000 blood donation centers in 169 countries have collected 106 million donations approximately. The increasing number of these institutes and donations is anticipated to boost the development of the market.
In 2019, the manual thawing system market has been dominated the market, owing to accessibility of a wide scope of items and high utilization because of the economical prices.
The market was dominated by North America in 2019 which held a major revenue share of the market. Also, North America is anticipated to keep up its dominance during the forecast years. The growing rate of chronic diseases, high adoption rate, and the existence of the leading market players are the components anticipated to boost the market in North America during the forecast years. The Europe market is experiencing a CAGR of 10% during (2020 - 2026). Additionally, The Asia Pacific market is would showcase a CAGR of 12% during (2020 - 2026).
Structural Insights: https://www.kbvresearch.com/medical-devices-cuffs-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of General Electric (GE) Co. (GE Healthcare), Thermo Fisher Scientific, Inc., Cardinal Health, Inc., Helmer Scientific, Inc., Sarstedt AG & Company, Boekel Scientific, Inc., Barkey GmbH & Co. KG, BioCision LLC, Sartorius AG and CytoTherm LP.
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