Thawing systems are
utilized for defrosting biological samples in pharmaceutical
companies, diagnostic centers, biotechnology, and biobanks. Thawing
comes under the primary manufacturing processes in the
biopharmaceutical industry. Thawing systems comprise of containers
and thaw bags for process development. Thawing systems benefit the
research and development process by minimizing the amount of sample
required.
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Demand for thawing
system is largely driven by the biopharmaceutical industry.
Biopharmaceutical companies that are involved in the production of
drugs require thawing systems for transporting and storing
pharmaceutical products & services. Factors such as short process
cycles and sterile designs have led end-users to increasingly opt for
thawing systems. Various bio-repositories across the globe are making
high investments in expanding their storage capacities. In addition,
thawed cells current find extensive use in the analysis and treatment
of diseases such as cancer and diabetes. Growing number of road
accidents, trauma cases, and emergencies have further driven the
demand for biological samples, which in turn require thawing systems
for storage and transport purposes.
In terms of revenue,
North America is expected to dominate the global market for thawing
system in 2017, and the trend is expected to continue throughout the
assessment period. North America’s thawing system market is set to
expand at a CAGR of 11.9% between 2017 and 2026. Adoption of low cost
of manual thawing systems is expected to remain significantly high
during the forecast period. On the basis of product type, the manual
thawing system segment is expected to remain highly lucrative in 2017
and beyond. On the other hand, demand for automated thawing systems
are also expected to witness an uptrend, especially in research
institutes and biopharmaceutical companies due to their advanced
applications as well as high efficacy and effectiveness.
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Automated thawing
systems segment are likely to out outgrow manual thawing systems over
the next couple of years. Increasing prevalence of the blood
associated diseases has been instrumental in driving the demand for
automated thawing systems. Further, increase number incidences of
trauma and accidents is leading to increase requirements of blood
transfusions and cryopreserved blood products.
Biotechnology and
pharmaceutical firms in the U.S. are heavily investing in drug
discovery & development programs. Moreover, favorable government
policies has led to development of biobanks, in order to enhance
storage and supply of blood in hospitals and other healthcare
settings. The thawing system market in North America is expected to
remain highly profitable during the forecast period. Meanwhile, the
market in Asia-Pacific excluding Japan (APEJ) is also anticipated to
exhibit fast growth in the forthcoming years.
Leading players
operating in the global market for thawing system include Sartorius
Aktiengesellschaft, General Electric Company, Cardinal Health, Inc.,
Helmer, Inc., Barkey GmbH & Co. KG, Cytotherm Lp, and BioCision,
LLC.
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