Ultra-low temperature (ULT) Freezers Market Size
According to research cosmos analysts, the Ultra-low temperature (ULT) Freezers Market size is estimated to reach a value of USD $ 799 million and it is expected to register at CAGR 4.9% during the forecast period 2026.
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What are growth driving factors of Ultra-low temperature (ULT) Freezers Market?
The growth and development of research facilities in areas such as the biomedical and life sciences is driving the growth of the market, which is an integral part of storage and preservation facilities. ULT freezers are also widely used by pharmaceutical companies for drug discovery and clinical trial processes.
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Leading region in Ultra-low temperature (ULT) Freezers Market
North America has a large number of bio banks and pharmaceutical and biotechnology companies. It is expected that the large number of next generation ULT freezers, the strict regulations for the replacement of these and the high costs contribute to the strong market share of North America.
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Major Key players of Ultra-low temperature (ULT) Freezers Market
- Esco Global
- 5 + more key players
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