Chromatography refrigerators are used to cool and preserve chromatography samples or specimens, which may include blood & plasma samples, vaccines, or other medicinal chromatographic specimen. Chromatography refrigerators are special equipment that are used when the samples undergoing chromatography process are required to be preserved in stable airflow and suitable temperature conditions. These are equipped with specialized features such as microprocessor-based controls, which assist in maintaining the suitable conditions for chromatography liquids. Chromatography refrigerators are equipped with digital temperature displays and need to include lockable easy-to-clean sections. Chromatography refrigerators are different from normal refrigerators in that these are required to maintain stable airflow and temperature conditions along with utmost hygiene.

Increase in research grants by public and private players to promote the research activities in medicinal field is expected to propel the chromatography refrigerators market during the forecast period. However, high cost of equipment is likely to restrain the market from 2017 to 2025.

The global chromatography refrigerators market can be segmented based on product type, application, and end-user. Based on product type, the global market can be divided into one door, two door, and three door. One door chromatography refrigerators accounted for the largest share of the market in terms of revenue in 2016. Numerous small scale research activities being conducted in academic institutes and research centers in developing countries, which require small freezing equipment for chromatography sample is attributed to the dominance of one door refrigerators in 2016. However, the three door segment is anticipated to expand at a significant CAGR from 2017 to 2025. This is attributed to the green signal by the FDA for new product developments which in turn promotes research activities in the biotechnological & pharmaceutical industry. Based on application, the global chromatography refrigerators market can be categorized into flash chromatography, high performance chromatography, general purpose chromatography, and others. The high performance chromatography segment accounted for the largest share of the market in terms of revenue in 2016, owing to increase in demand for efficient cooling system for high performance liquid chromatography samples by pharmaceutical manufacturers. However, the general purpose chromatography segment is expected to capture largest market share by 2025, which is attributed to rise in R&D in the biotechnological industry, and emerging players in the developing countries. In terms of end user, the global chromatography refrigerators market can be classified into research institutes, pharmaceutical & biotechnological companies, diagnostic laboratories, medical institutes, and others. The pharmaceutical & biotechnological companies segment held the largest market share in terms of revenue in 2016 due to rise in investment by public and private players in the pharmaceutical industry to promote new drug molecules development. Rise in adoption by researchers for the technological advancements in chromatographic procedures is one of the major factors likely to fuel the growth of the pharmaceutical & biotechnological companies segment during the forecast period.

Geographically, the global chromatography refrigerators market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for the largest market share in 2016, attributed to the strategic presence of key manufacturers in the U.S. and Canada. Numerous research grants provided by the government to promote R&D activities in medicinal field is a major factor driving the chromatography refrigerators market in Europe, which is considered to be the second most prominent region. However, the market in Asia Pacific is expected to expand at a high CAGR from 2017 to 2025, owing to favorable reimbursement policies in China and Japan, improvement in health care infrastructure, and rapid growth in the pharmaceutical industry in India.

Major players in the global chromatography refrigerators market are So-Low Environmental Equipment Co., Thermo Fisher Scientific, Powers Scientific, Inc., Nor-Lake, Inc., Biomedical Solutions, Helmer Scientific, Philipp Kirsch GmbH, and VWR Corporation, among others. Incorporation of technologically advanced features such as temperature control alarm system, LED interior lighting, and microprocessor-controlled temperature controller in chromatography refrigerators is a key strategy adopted by the emerging players to stay ahead of the competition.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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