Blood Bank Refrigerator Market Size To Reach $1.71Billion By 2030 At A CAGR Of 6.8%

A market report from The Business Research Company forecasts steady growth for blood bank refrigerators, projecting the market will reach $1.72 billion by 2030 with a 6.8% CAGR. It estimates the market rose from $1.23 billion in 2025 to $1.32 billion in 2026, reflecting 7.3% CAGR during the historical period. The report links demand to the expansion of hospital infrastructure, more surgeries requiring blood transfusions, and stricter temperature-management regulations. It also points to trends such as real-time temperature monitoring, smart refrigerators with remote alerts, energy-efficient systems to cut costs, and predictive maintenance. The appliances are designed to keep blood and components at controlled temperatures, typically 2°C to 6°C.