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Tuesday, 11 April 2017
In-Depth Research on Global Ultra-Low Temperature Freezer Market 2017-2021
Report : Global Ultra-Low Temperature Freezer Market 2017-2021is a new market research publication announced by Reportstack.
Report Outline: The global ULT freezers market is growing moderately at a rate of 3.08%, which can be attributed to increased investments in R&D. Also, the market is driven by the expansion of end-user segments such as biobanks, hospitals and diagnostic centers, and others that use cold storage solutions such as ULT freezers to store a broad range of specimens and products such as tissue organs and pharmaceuticals under different low temperatures. The growth and expansion of research facilities in sectors such as life sciences and biomedical are propelling the market growth as ULT freezers are a critical part of storage and preservation in these fields. ULT freezers are also used by pharmaceutical companies in the drug discovery and clinical testing processes. Thus, with the global pharmaceutical industry rebounding, the demand for ULT freezers is likely to rise with it.