South Korea Blood Bank & Plasma Freezers Market was valued at USD 0.1 Billion in 2022 and is projected to reach USD 0.15 Billion by 2030, growing at a CAGR of 5.5% from 2024 to 2030.
The South Korea Blood Bank & Plasma Freezers Market plays a crucial role in the country's healthcare infrastructure, ensuring that blood and plasma are stored effectively and safely for future use. With the increasing demand for blood and plasma for various medical treatments, the need for high-quality storage solutions, such as plasma freezers, has grown significantly. In 2023, the market for these blood storage systems was valued at USD 300 million and is projected to grow at a CAGR of 7% until 2030.
As the healthcare industry in South Korea expands, the importance of maintaining blood and plasma at optimal temperatures becomes more evident. Plasma freezers, specifically designed for this purpose, are equipped with advanced technology to preserve blood products for extended periods. These freezers are vital for ensuring that plasma can be readily available for transfusions, emergency surgeries, and various medical procedures that require immediate access to stored blood products.
The primary industries requiring plasma freezers include hospitals, blood banks, and research facilities. These sectors rely heavily on these specialized freezers to store donated blood and plasma efficiently. Hospitals need reliable blood storage systems to manage the growing demand for transfusions, especially in emergency and surgical settings. Blood banks depend on these freezers to ensure the longevity of plasma and maintain the integrity of blood donations, which are essential for patient care.
The South Korean government also plays a significant role in supporting the blood bank and plasma freezer market. Policies focusing on blood donation and safety regulations ensure that blood products meet the highest standards of safety and quality. Manufacturers entering this market must comply with the stringent regulations set by the Ministry of Food and Drug Safety (MFDS), which governs medical devices and storage equipment in South Korea.
The growth of this market is expected to be driven by several factors, including technological advancements in plasma freezer design, increasing medical needs, and government initiatives to enhance the healthcare system. As medical technologies continue to evolve, the demand for more efficient and reliable blood storage solutions is set to rise, further expanding the Blood Bank & Plasma Freezers Market in South Korea.
Get an In-Depth Research Analysis of the South Korea Blood Bank & Plasma Freezers Market Size And Forecast [2025-2032]
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Helmer Scientific
Haier Bio-Medical
Panasonic Healthcare
Thermo Fisher
Dometic
Follett
Glen Dimplex
Kirsch
LABCOLD
Lorne Laboratories
REMI GROUP
Telstar Group
LabRepCo
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the South Korea Blood Bank & Plasma Freezers Market
Low-Temperature Freezers
Ultra-Low Temperature Freezers
Refrigerated Blood Bank Freezers
Plasma Freezers
Hospitals
Blood Donation Centers
Research Institutes
Pharmaceutical Companies
Diagnostic Laboratories
Blood Storage
Plasma Storage
Research and Development
Transfusion Services
Mechanical Systems
Vacuum Insulated Systems
Electronic Cooling Systems
Hybrid Systems
Under 200 liters
200 to 500 liters
500 to 1000 liters
Above 1000 liters
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
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1. Introduction of the South Korea Blood Bank & Plasma Freezers Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. South Korea Blood Bank & Plasma Freezers Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. South Korea Blood Bank & Plasma Freezers Market, By Type
6. South Korea Blood Bank & Plasma Freezers Market, By Application
7. South Korea Blood Bank & Plasma Freezers Market, By Geography
Asia-Pacific
China
Japan
Korea
India
Australia
Indonesia
Thailand
Philippines
Malaysia and Vietnam
8. South Korea Blood Bank & Plasma Freezers Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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