Global Thawing System Market Size, Share, Forecast Report, 2020-2027

Global Thawing System Market is expected to grow significantly over the forecast period. The market held a market value of USD 250 Million in 2017 and is projected to grow at a CAGR of 11.6% over the forecast period. Thawing system is used for safe storage and transport of biopharmaceuticals products. There are two major types thawing system used manual and automated.

The factors such as increasing technological advancements in thawing devices is the major driving factor for the market. Beside this rising use of thawed cells in the research and treatment of diabetes and cancer has provided fuel for the growth of the market. High cost of the automation may restrain the growth of the market.

According to Centers for Disease Control and Prevention, in 2017, more than 30.3 Million Americans which is nearly 1 in 10 have diabetes. According to WHO, the number of people with diabetes has risen from 108 Million in 1980 to 422 Million in 2014. Moreover, Diabetes prevalence has been increasing in low-middle income countries.

Segmentation:
The Global Thawing System Market has been segmented into type, sample type, and end user. By type, the market has been segmented into manual devices and automated devices. Based on sample type, the market has been segmented into blood, plasma, stem cells, whole blood & red blood cells, platelets, embryos, ovum, semen, and others. The Thawing System Market, by end user, has been segmented into blood banks & transfusion centers, hospitals & diagnostic laboratories, research & academic institutes, biotechnology & pharmaceutical companies, and others.
Key players:
Helmer Scientific, Sarstedt, Sartorius, Biocision, Boekel Scientific, Barkey, Cardinal Health, GE Healthcare, Thermo Fisher Scientific, Cytotherm are some of the prominent players in the global thawing system market.

Global Thawing System Market, by Type:

• Manual Devices
• Automated Devices      

Global Thawing System Market, by Sample Type:

• Blood
• Plasma
• Stem Cells
• Whole Blood & Red Blood Cells
• Platelets
• Embryos
• Ovum
• Semen
• Others

Global Thawing System Market, by End User:

• Blood Banks & Transfusion Centers
• Hospitals & Diagnostic Laboratories
• Research & Academic Institutes
• Biotechnology & Pharmaceutical Companies
• Others