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Vaccine Storage Medical Refrigerators Market By Type (Electric Power Refrigerator and Solar Power Refrigerator), By Application (Hospitals and Epidemic Prevention Station) Growth, Future Prospects & Competitive Analysis, 2016 – 2030

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Published: | Report ID: 15999 | Report Format : PDF

Key Highlights of the report

How are the major segments performing in the Vaccine Storage Medical Refrigerators market?

  • In 2022, the Electric Power Refrigerator segment accounted for the largest share of the market owing to technological advancements.
  • In 2022, the Hospitals segment was anticipated to hold a prominent share in the global Vaccine Storage Medical Refrigerators market as it is widely used due to increasing patient visits in hospitals for vaccination.

What is the Market Size of Vaccine Storage Medical Refrigerators regarding value?

The global Vaccine Storage Medical Refrigerators market is anticipated to grow at a substantial CAGR of 11.5% in the upcoming years. The global Vaccine Storage Medical Refrigerators industry was estimated to be worth USD 2154.6 million in 2022 and was expected to be worth USD 3134.25 million by 2030.

Which region dominated the Vaccine Storage Medical Refrigerators market?

In 2022, the largest portion of the global market for Vaccine Storage Medical Refrigerators was held by North America. The demand for vaccines in North America is being boosted by expanding academic and pharmaceutical sectors’ research and development efforts, rising public awareness of immunization campaigns, and high healthcare spending in the area. Throughout the forecast period, this would favor the market for Vaccine Storage Medical Refrigerators in North America.

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How is US Market Performing in the Vaccine Storage Medical Refrigerators market?

In 2022, the United States was anticipated to experience significant growth in North America during the forecast period. North America has a growing need for vaccines due to rising academic and pharmaceutical industry research and development activities, rising public awareness of immunization services, and high healthcare spending in the continent.

How is the economy impacting the global Vaccine Storage Medical Refrigerators growth?

The global Vaccine Storage Medical Refrigerators market is growing thanks to the COVID-19 outbreak. A huge demand for Vaccine Storage Medical Refrigerators has been created by the increase in COVID-19 cases worldwide, many vaccine trials and development, and the COVID-19 vaccination drives. The COVID-19 pandemic thus increased the market value of Vaccine Storage Medical Refrigerators.

What is the competitive environment of the Vaccine Storage Medical Refrigerators market?

The Vaccine Storage, Medical Refrigerators market is being driven by technological advancements made by major key players to offer solar vaccine refrigerators in developing nations of Asia Pacific at an affordable price. Godrej introduced mobile freezers and ultra-low temperature refrigerators for COVID-19 vaccines in February 2021. Godrej Appliances uses vaccine refrigerators to store the extremely temperature-sensitive Covaxin and CoviShield vaccines, which require a precise temperature range of 2 to 8 degrees Celsius. Additionally in February 2021, A new line of commercial refrigeration goods and services was introduced by Blue Star Limited, which the company claimed is perfect for storing vaccines.

Executive Summary

What are the key trends in the Vaccine Storage Medical Refrigerators market?

  • The World Health Organization announced a global pandemic caused by coronavirus disease in March 2020. (COVID-19). Leading pharmaceutical companies and research organizations launched a race to create a vaccine as soon as possible in response to the pandemic. Pfizer, Inc. (U.S.) and BioNTech jointly developed the covid-19 vaccines, which the U.K. approved in December 2020. Fewer COVID-19 vaccines have since received emergency use approval.
  • Additionally, different nations and regions have purchased at least 7.7 billion vaccine doses and reserved an additional 3.9 billion. (Duke Global Health Innovation Center). Worldwide demand for vaccine storage equipment is anticipated to increase quickly due to the significant volume of deliveries required.
  • The Vaccine Storage, Medical Refrigerators industry is changing due to technological advancements. To improve the medical industry’s ability to store and use products over the long term, many businesses are creating new technologies for medical refrigerators for blood and medicine storage.

How are Technological Advancements Boosting the Vaccine Storage Medical Refrigerators Market?

Medical and pharmacy refrigerators are now expertly adapted to store temperature-sensitive healthcare products, like COVID-19 vaccines, at specific temperatures to prevent vaccine degradation. The “cold chain”— the required temperature range for refrigerated vaccines—should be between 2 and 80 degrees Celsius, with an ideal average of 50 degrees and few temperature fluctuations. Medical professionals are alerted by audio and visual alarms built into specially designed vaccine refrigerators when the internal temperature changes or the door is left open. These refrigerators also read and display their internal temperature. Innovative developments are being made in addition to these industry-standard procedures, such as CoolMed’s integrated dual probe temperature monitoring system and power backup, which keeps recording temperature during a power failure, allowing healthcare professionals to determine whether or not to discard medications. By addressing issues before they arise, modern medical refrigerators’ “forward-thinking” features help save time and money.

Which are the key investments by the Vaccine Storage Medical Refrigerators market players?

Companies in the market are concentrating on technological advancements for their goods. Additionally, they are making investments in the creation of these products. Godrej Appliances, which has recently entered the healthcare refrigeration market, will spend Rs 35 crore over the next two years, expanding its medical refrigerator production and marketing. In the next two years, we will increase the production capacity from 10,000 units, which it is at the moment, to 30,000 units. For the development and production of these medical refrigerators, Godrej and the Sure Chill Company of the UK have entered into a technology transfer agreement.

Some major players in the Vaccine Storage Medical Refrigerators market are Haier Biomedical, Thermo Fisher Scientific, PHC Corporation, Dometic Group, Helmer Scientific, AUCMA, Dulas, Meiling, Vestfrost Solutions, Indrel Scientific, Felix Storch, Follett, SunDanzer, Sure Chill, and SO-LOW.

What are the Major Driving Factors for the Vaccine Storage Medical Refrigerators Market?

The rapidly rising prevalence of chronic diseases among the population and the robust development of various vaccines are some of the key factors that fuel the growth of the global market for medical refrigerators for vaccine storage. This is essentially increasing demand for medical refrigerators across all international markets. Likewise, it is anticipated that the rapid expansion of large-scale vaccination programmes run by international health organizations (such as UNICEF, WHO, GAVI (Global Alliance for Vaccines and Immunization), and Vaccine for Children Program) will significantly boost the growth of the global vaccine storage medical refrigerators market in the coming years. Additionally, the recent COVID-19 global crisis has prompted a quick global rollout of COVID-19 vaccines by various pharmaceutical organizations, which is also anticipated to impact market growth in the years to come positively.

What are the Major Risks for the Vaccine Storage Medical Refrigerators Market?

However, the market for medical refrigerators for vaccine storage will likely experience growth challenges in the coming years due to the high cost of medical refrigerators and other cold storage equipment.

Which is the key application in the Vaccine Storage Medical Refrigerators market?

During the forecast period, the Electric Power refrigerators hydroxide segment is expected to hold a prominent share in the global Vaccine Storage Medical Refrigerators market. Due to the high demand for systems in research and pharmaceutical companies, which has led to a decrease in the price of Electric Power refrigerators, the market for these products is expected to grow significantly during the forecast period.

How is the Vaccine Storage Medical Refrigerators market performing in regions?

Asia Pacific market is anticipated to witness the fastest growth in the global Vaccine Storage Medical Refrigerators market during the forecast period. Due to an increase in infectious diseases in the region and government campaigns to raise public awareness of immunization programmes to prevent epidemic diseases, the Asia Pacific region is home to a rapidly expanding market for vaccine refrigerators. The market for vaccine refrigerators in the Asia Pacific region is growing due to technological advancements made by major key players to offer affordable solar vaccine refrigerators in developing nations.

Vaccine Storage Medical Refrigerators Market

What is the regulatory landscape for the Vaccine Storage Medical Refrigerators market?

Certain guidelines for vaccine storage are provided by the Centers for Disease Control (CDC) in the US. These rules are intended to maintain the efficacy, safety, and preservation of vaccines from the point of manufacture until the point at which they are administered to patients. Keeping vaccines stored at the right temperature through every step of manufacturing and distribution until they are administered is called the cold chain.

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What are the major players planning for the future of the Vaccine Storage Medical Refrigerators market?

The spread of infectious diseases worldwide is increasing, raising the demand for vaccines and simultaneously impacting the vaccine. The rising demand for vaccines is anticipated to support the market expansion for Vaccine Storage Medical Refrigerators during the forecast period.

REPORT ATTRIBUTE DETAILS
Vaccine Storage Medical Refrigerators Market by Volume Yes
Vaccine Storage Medical Refrigerators Market by Value Yes
Vaccine Storage Medical Refrigerators Market, Tornado Analysis Yes
Vaccine Storage Medical Refrigerators Market, STAR Analysis Yes
Vaccine Storage Medical Refrigerators Market, SRC Analysis Yes
Vaccine Storage Medical Refrigerators Market, Import-Export Data Yes (On Demand)
Vaccine Storage Medical Refrigerators Market Pricing Analysis Yes (On Demand)
Vaccine Storage Medical Refrigerators Market Segment Analysis By Type (Electric Power Refrigerator and Solar Power Refrigerator)

By Application (Hospitals and Epidemic Prevention Station)

Vaccine Storage Medical Refrigerators Market, Regional Analysis North America (US and Canada)

Europe (Germany, UK, France, Italy, Spain, and Rest of Europe)

Asia Pacific (China, India, Japan, South Korea, South East Asia, and Rest of Asia Pacific)

Latin America (Brazil, Mexico, and Rest of Latin America)

Middle East and Africa (GCC Countries, South Africa, and Rest of Middle East and Africa)

Vaccine Storage Medical Refrigerators Market Key Companies Haier Biomedical, Thermo Fisher Scientific, PHC Corporation, Dometic Group, Helmer Scientific, AUCMA, Dulas, Meiling, Vestfrost Solutions, Indrel Scientific, Felix Storch, Follett, SunDanzer, Sure Chill, SO-LOW
Vaccine Storage Medical Refrigerators Market Competitive Landscape Market Share Analysis

Competitive Benchmarking

Key Players Market Positioning

Geographical Presence Analysis

Major Strategies Adopted

Segmentation of Global Vaccine Storage Medical Refrigerators Market-

Global Vaccine Storage Medical Refrigerators Market – By Type

  • Electric Power Refrigerator
  • Solar Power Refrigerator

Global Vaccine Storage Medical Refrigerators Market – By Application

  • Hospitals
  • Epidemic Prevention Station

Global Vaccine Storage Medical Refrigerators Market – By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-east Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC Countries
    • South Africa
    • Rest of Middle East and Africa

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Introduction
1.5. Market Research Scope

2. Executive Summary
2.1. Market Snapshot: Global Vaccine Storage Medical Refrigerators Market
2.2. Global Vaccine Storage Medical Refrigerators Market, By Type
2.3. Global Vaccine Storage Medical Refrigerators Market, By Application
2.4. Global Vaccine Storage Medical Refrigerators Market, By Region

3. Market Dynamics & Factors Analysis
3.1. Introduction
3.1.1. Global Vaccine Storage Medical Refrigerators Market Value, 2017-2030, (US$ Mn))
3.1.2. Y-o-Y Growth Trend Analysis
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.2.3. Market Opportunities
3.2.4. Major Industry Challenges
3.3. Growth and Development Patterns
3.4. Investment Feasibility Analysis
3.5. Market Opportunity Analysis
3.5.1. Type
3.5.2. Application
3.5.3. Geography

4. Premium Insights
4.1. STAR (Situation, Task, Action, Results) Analysis
4.2. Porter’s Five Forces Analysis
4.2.1. Threat of New Entrants
4.2.2. Bargaining Power of Buyers/Consumers
4.2.3. Bargaining Power of Suppliers
4.2.4. Threat of Substitute Types
4.2.5. Intensity of Competitive Rivalry
4.3. Key Market Trends
4.3.1. Demand Side Trends
4.3.2. Supply Side Trends
4.4. Value Chain Analysis
4.5. Type Analysis
4.6. Analysis and Recommendations
4.7. Marketing Strategy Analysis
4.7.1. Direct Marketing
4.7.2. InDirect Marketing
4.7.3. Marketing Channel Development Trend

5. Market Positioning of Key Players, 2022
5.1. Company market share of key players, 2022
5.2. Competitive Benchmarking
5.3. Market Positioning of Key Vendors
5.4. Geographical Presence Analysis
5.5. Major Strategies Adopted by Key Players
5.5.1. Key Strategies Analysis
5.5.2. Mergers and Acquisitions
5.5.3. Partnerships
5.5.4. Product Launch
5.5.5. Geographical Expansion
5.5.6. Others

6. Economic Impact Analysis
6.1. Recession Impact
6.1.1. North America
6.1.2. Europe
6.1.3. Asia Pacific
6.1.4. Latin America
6.1.5. Middle East and Africa
6.2. Ukraine-Russia War Impact
6.2.1. North America
6.2.2. Europe
6.2.3. Asia Pacific
6.2.4. Latin America
6.2.5. Middle East and Africa
6.3. COVID-19 Impact Analysis
6.3.1. North America
6.3.2. Europe
6.3.3. Asia Pacific
6.3.4. Latin America
6.3.5. Middle East and Africa

7. Global Vaccine Storage Medical Refrigerators Market
7.1. Global Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
7.1.1. Overview
7.1.2. Global Vaccine Storage Medical Refrigerators Market, By Type, 2022 vs 2030 (in%)
7.1.3. Global Vaccine Storage Medical Refrigerators Market, By Electric Power Refrigerator, 2017-2030 (US$ Mn))
7.1.4. Global Vaccine Storage Medical Refrigerators Market, By Solar Power Refrigerator, 2017-2030 (US$ Mn))
7.2. Global Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
7.2.1. Overview
7.2.2. Global Vaccine Storage Medical Refrigerators Market, By Application, 2022 vs 2030 (in%)
7.2.3. Global Vaccine Storage Medical Refrigerators Market, By Hospitals, 2017-2030 (US$ Mn))
7.2.4. Global Vaccine Storage Medical Refrigerators Market, By Epidemic Prevention Station, 2017-2030 (US$ Mn))

8. North America Vaccine Storage Medical Refrigerators Market Analysis
8.1. North America Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030(US$ Mn))
8.1.1. Overview
8.1.2. SRC Analysis
8.2. North America Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030(US$ Mn))
8.2.1. Overview
8.2.2. SRC Analysis
8.3. North America Vaccine Storage Medical Refrigerators Market, by Country, 2017-2030 (US$ Mn))
8.3.1. U.S.
8.3.1.1. U.S. Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
8.3.1.2. U.S. Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
8.3.1.3. U.S. Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))
8.3.2. Canada
8.3.2.1. Canada Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
8.3.2.2. Canada Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
8.3.2.3. Canada Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))

9. Europe Vaccine Storage Medical Refrigerators Market Analysis
9.1. Europe Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030(US$ Mn))
9.1.1. Overview
9.1.2. SRC Analysis
9.2. Europe Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030(US$ Mn))
9.2.1. Overview
9.2.2. SRC Analysis
9.3. Europe Vaccine Storage Medical Refrigerators Market, by Country, 2017-2030 (US$ Mn))
9.3.1. Germany
9.3.1.1. Germany Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
9.3.1.2. Germany Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
9.3.1.3. Germany Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))
9.3.2. France
9.3.2.1. France Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
9.3.2.2. France Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
9.3.2.3. France Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))
9.3.3. UK
9.3.3.1. UK Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
9.3.3.2. UK Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
9.3.3.3. UK Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))
9.3.4. Italy
9.3.4.1. Italy Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
9.3.4.2. Italy Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
9.3.4.3. Italy Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))
9.3.5. Spain
9.3.5.1. Spain Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
9.3.5.2. Spain Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
9.3.5.3. Spain Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))
9.3.6. Rest of Europe
9.3.6.1. Rest of Europe Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
9.3.6.2. Rest of Europe Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
9.3.6.3. Rest of Europe Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))

10. Asia Pacific Vaccine Storage Medical Refrigerators Market Analysis
10.1. Asia Pacific Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030(US$ Mn))
10.1.1. Overview
10.1.2. SRC Analysis
10.2. Asia Pacific Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030(US$ Mn))
10.2.1. Overview
10.2.2. SRC Analysis
10.3. Asia Pacific Vaccine Storage Medical Refrigerators Market, by Country, 2017-2030 (US$ Mn))
10.3.1. China
10.3.1.1. China Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
10.3.1.2. China Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
10.3.1.3. China Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))
10.3.2. Japan
10.3.2.1. Japan Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
10.3.2.2. Japan Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
10.3.2.3. Japan Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))
10.3.3. India
10.3.3.1. India Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
10.3.3.2. India Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
10.3.3.3. India Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))
10.3.4. South Korea
10.3.4.1. South Korea Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
10.3.4.2. South Korea Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
10.3.4.3. South Korea Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))
10.3.5. South-East Asia
10.3.5.1. South-East Asia Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
10.3.5.2. South-East Asia Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
10.3.5.3. South-East Asia Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))
10.3.6. Rest of Asia Pacific
10.3.6.1. Rest of Asia Pacific Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
10.3.6.2. Rest of Asia Pacific Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
10.3.6.3. Rest of Asia Pacific Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))

11. Latin America Vaccine Storage Medical Refrigerators Market Analysis
11.1. Latin America Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030(US$ Mn))
11.1.1. Overview
11.1.2. SRC Analysis
11.2. Latin America Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030(US$ Mn))
11.2.1. Overview
11.2.2. SRC Analysis
11.3. Latin America Vaccine Storage Medical Refrigerators Market, by Country, 2017-2030 (US$ Mn))
11.3.1. Brazil
11.3.1.1. Brazil Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
11.3.1.2. Brazil Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
11.3.1.3. Brazil Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))
11.3.2. Mexico
11.3.2.1. Mexico Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
11.3.2.2. Mexico Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
11.3.2.3. Mexico Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))
11.3.3. Rest of Latin America
11.3.3.1. Rest of Latin America Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
11.3.3.2. Rest of Latin America Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
11.3.3.3. Rest of Latin America Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))

12. Middle East and Africa Vaccine Storage Medical Refrigerators Market Analysis
12.1. Middle East and Africa Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030(US$ Mn))
12.1.1. Overview
12.1.2. SRC Analysis
12.2. Middle East and Africa Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030(US$ Mn))
12.2.1. Overview
12.2.2. SRC Analysis
12.3. Middle East and Africa Vaccine Storage Medical Refrigerators Market, by Country, 2017-2030 (US$ Mn))
12.3.1. GCC Countries
12.3.1.1. GCC Countries Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
12.3.1.2. GCC Countries Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
12.3.1.3. GCC Countries Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))
12.3.2. South Africa
12.3.2.1. South Africa Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
12.3.2.2. South Africa Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
12.3.2.3. South Africa Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))
12.3.3. Rest of Middle East and Africa
12.3.3.1. Rest of Middle East and Africa Vaccine Storage Medical Refrigerators Market Estimates and Forecast, 2017-2030 (US$ Mn))
12.3.3.2. Rest of Middle East and Africa Vaccine Storage Medical Refrigerators, By Type, 2017-2030 (US$ Mn))
12.3.3.3. Rest of Middle East and Africa Vaccine Storage Medical Refrigerators, By Application, 2017-2030 (US$ Mn))

13. Company Profiles
13.1. Haier Biomedical.
13.1.1. Company Overview
13.1.2. Products/Services Portfolio
13.1.3. Geographical Presence
13.1.4. Financial Summary
13.1.4.1. Market Revenue and Net Profit (2019-2022)
13.1.4.2. Business Segment Revenue Analysis
13.1.4.3. Geographical Revenue Analysis
13.2. Thermo Fisher Scientific
13.3. PHC Corporation
13.4. Dometic Group
13.5. Helmer Scientific
13.6. AUCMA
13.7. Dulas
13.8. Meiling
13.9. Vestfrost Solutions
13.10. Indrel Scientific
13.11. Felix Storch
13.12. Follett
13.13. SunDanzer
13.14. Sure Chill
13.15. SO-LOW

List of Figures
FIG. 1 Global Vaccine Storage Medical Refrigerators Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global Vaccine Storage Medical Refrigerators Market Segmentation
FIG. 4 Global Vaccine Storage Medical Refrigerators Market, by Type, 2022 (US$ Mn))
FIG. 5 Global Vaccine Storage Medical Refrigerators Market, by Application, 2022 (US$ Mn))
FIG. 6 Global Vaccine Storage Medical Refrigerators Market, by Geography, 2022 (US$ Mn))
FIG. 7 Attractive Investment Proposition, by Type, 2022
FIG. 8 Attractive Investment Proposition, by Application, 2022
FIG. 9 Attractive Investment Proposition, by Geography, 2022
FIG. 10 Global Market Share Analysis of Key Vaccine Storage Medical Refrigerators Market Manufacturers, 2022
FIG. 11 Global Market Positioning of Key Vaccine Storage Medical Refrigerators Market Manufacturers, 2022
FIG. 12 Global Vaccine Storage Medical Refrigerators Market Value Contribution, By Type, 2022 & 2030 (Value %)
FIG. 13 Global Vaccine Storage Medical Refrigerators Market, by Electric Power Refrigerator, Value, 2017-2030 (US$ Mn))
FIG. 14 Global Vaccine Storage Medical Refrigerators Market, by Solar Power Refrigerator, Value, 2017-2030 (US$ Mn))
FIG. 15 Global Vaccine Storage Medical Refrigerators Market Value Contribution, By Application, 2022 & 2030 (Value %)
FIG. 16 Global Vaccine Storage Medical Refrigerators Market, by Hospitals, Value, 2017-2030 (US$ Mn))
FIG. 17 Global Vaccine Storage Medical Refrigerators Market, by Epidemic Prevention Station, 2017-2030 (US$ Mn))
FIG. 18 North America Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 19 U.S. Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 20 Canada Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 21 Europe Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 22 Germany Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 23 France Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 24 U.K. Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 25 Italy Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 26 Spain Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 27 Rest of Europe Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 28 Asia Pacific Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 29 China Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 30 Japan Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 31 India Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 32 South Korea Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 33 South-East Asia Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 34 Rest of Asia Pacific Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 35 Latin America Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 36 Brazil Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 37 Mexico Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 38 Rest of Latin America Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 39 Middle East & Africa Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 40 GCC Countries Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 41 South Africa Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))
FIG. 42 Rest of Middle East and Africa Vaccine Storage Medical Refrigerators Market, 2017-2030 (US$ Mn))

List of Tables
TABLE 1 Market Snapshot: Global Vaccine Storage Medical Refrigerators Market
TABLE 2 Global Vaccine Storage Medical Refrigerators Market, by Competitive Benchmarking, 2022
TABLE 3 Global Vaccine Storage Medical Refrigerators Market, by Geographical Presence Analysis, 2022
TABLE 4 Global Vaccine Storage Medical Refrigerators Market, by Key Strategies Analysis, 2022
TABLE 5 Global Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 6 Global Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 7 Global Vaccine Storage Medical Refrigerators Market, by Geography, 2017-2030 (US$ Mn))
TABLE 8 North America Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 9 North America Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 10 North America Vaccine Storage Medical Refrigerators Market, by Country, 2017-2030 (US$ Mn))
TABLE 11 US Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 12 US Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 13 Canada Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 14 Canada Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 15 Europe Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 16 Europe Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 17 Europe Vaccine Storage Medical Refrigerators Market, by Country, 2017-2030 (US$ Mn))
TABLE 18 Germany Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 19 Germany Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 20 France Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 21 France Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 22 UK Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 23 UK Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 24 Italy Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 25 Italy Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 26 Spain Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 27 Spain Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 28 Rest of Europe Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 29 Rest of Europe Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 30 Asia Pacific Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 31 Asia Pacific Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 32 Asia Pacific Vaccine Storage Medical Refrigerators Market, by Country, 2017-2030 (US$ Mn))
TABLE 33 China Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 34 China Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 35 Japan Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 36 Japan Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 37 India Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 38 India Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 39 South Korea Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 40 South Korea Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 41 South-East Asia Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 42 South-East Asia Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 43 Rest of Asia Pacific Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 44 Rest of Asia Pacific Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 45 Latin America Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 46 Latin America Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 47 Latin America Vaccine Storage Medical Refrigerators Market, by Country, 2017-2030 (US$ Mn))
TABLE 48 Brazil Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 49 Brazil Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 50 Mexico Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 51 Mexico Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 52 Rest of Latin America Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 53 Rest of Latin America Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 54 Middle East and Africa Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 55 Middle East and Africa Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 56 Middle East and Africa Vaccine Storage Medical Refrigerators Market, by Country, 2017-2030 (US$ Mn))
TABLE 57 GCC Countries Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 58 GCC Countries Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 59 South Africa Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 60 South Africa Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))
TABLE 61 Rest of Middle East and Africa Vaccine Storage Medical Refrigerators Market, by Type, 2017-2030 (US$ Mn))
TABLE 62 Rest of Middle East and Africa Vaccine Storage Medical Refrigerators Market, by Application, 2017-2030 (US$ Mn))

Frequently asked questions

How does COVID-19 Impact the global Vaccine Storage Medical Refrigerators market?

The recent global COVID-19 crisis has also prompted the quick release of COVID-19 vaccines by various pharmaceutical organizations worldwide, which is also anticipated to contribute to the market growth in the ensuing years positively.

Which is the leading region of the market for Vaccine Storage Medical Refrigerators?

North America accounted for the most heightened share in the global Vaccine Storage Medical Refrigerators market.

What are the key drivers for the growth of the Vaccine Storage Medical Refrigerators market?

The demand for vaccine refrigerators has increased by expanding research and development initiatives within institutions and governmental organizations to create novel vaccines.

Which is the major segment in the Vaccine Storage Medical Refrigerators market by type?

The Electric Power Refrigerator segment had a major share in the global market in 2022.

Which is the major segment in the Vaccine Storage Medical Refrigerators market by application?

The hospital segment had a major share in the global market.

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