QYResearch: In 2016, global revenue of vaccine refrigerators is nearly 123 M USD

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QYResearch A vaccine refrigerator is a refrigeration unit designed specifically for storing vaccines and other temperature-sensitive medical supplies, most of which need to be held at temperatures lower than that of a conventional fridge. The unit provides extremely stable low temperatures to prevent degradation of vaccines and other products, along with options like alarms and backup power to provide complete protection.

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QYResearch In the last several years, global market of vaccine refrigerators developed stably, with an average growth rate of 5.48%. In 2016, global revenue of vaccine refrigerators is nearly 123 M USD; the actual sales are about 99 K Unit.

The global average price of vaccine refrigerators is in the decreasing trend, from 1347 USD/L in 2011 to 1240 USD/L in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.

According to QYResearch, The classification of vaccine refrigerators includes Common Indoor Vaccine Refrigerators and Cold Chain Vaccine Refrigerators. The proportion of Common Indoor Vaccine Refrigerators in 2016 is about 81%, and the proportion is in a slight decreasing trend from 2011 to 2016.

United States is the largest consumption place, with a consumption market share nearly 40% in 2016. Following United States, Europe is the second largest consumption place with the consumption market share of 25%. qyresearchglobal.com

QYResearch Market competition is intense.

Panasonic, Dometic, Haier, Helmer, SO-LOW, Follett, Standex, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers, have been formed the monopoly position in the industry.

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