The utmost requirement for precision refrigeration and freezing is in laboratories handling blood, blood products, DNA, enzymes, and tissue samples. Also, the demand is high in laboratories involved in human reproductive technology. According to “Laboratory Refrigerators & Ovens: A Global Strategic Business Report”, published by Global Industry Analysts, worldwide sales of Laboratory Refrigerators and Ovens are projected to exceed US$982 million by 2010.

Sophisticated systems are in great demand to meet evolving clinical and cryo-biological applications. Laboratory refrigerators/freezers, unlike conventional food storage refrigerators, are usually equipped with mechanically circulated air system, sturdy cabinet and an air-cooled refrigeration system. The United States dominates the Laboratory Refrigerators and Ovens market worldwide, with Europe as the second largest regional market, accounting for about 28.4% of the global sales value in 2007. Asia-Pacific represents the fastest growing regional market worldwide with sales projected to increase at a compounded annual rate of 5.5% over the 2000-2010 period.

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