Market Overview:
The Global Lab Microwave Digestion Instrument Market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for lab microwave digestion instruments in hospitals, clinics, and laboratories across the globe. Additionally, factors such as technological advancements and rising R&D expenditure are also contributing to the growth of this market. However, high cost of these instruments may restrain their adoption in some regions. Based on type, desktop microwave digestion instruments held a major share of the global market in 2017 owing to their low cost and easy portability. However, floor-standing microwave digestion instruments are projected to grow at a higher CAGR during the forecast period due their ability to handle larger sample sizes as compared with desktop models. On basis of application, hospitals accounted for majority share of global lab microwave digestion instrument market in 2017 followed by clinics and laboratories respectively. This trend is expected continue throughout the forecast period as hospitals increasingly adopt these devices for various applications such as drug discovery & development process validation etc.
Product Definition:
A lab microwave digestion instrument is a device that uses microwaves to break down organic matter. This type of instrument is important for many scientific applications, including the analysis of environmental samples and the study of plant and animal tissue.
Desktop:
Desktop is a conventional name for the computer system or workstation that is used by an individual to access data and files. The desktop PC has its own display, storage devices (RAM, hard drive), central processing unit (CPU), peripheral devices such as printers and scanners, input/output ports such as USBs and Ethernet cards. It also includes an operating system which can be Microsoft Windows or Linux OS.
Floor-standing:
Floor-standing or free-standing microwave digestion instrument is a device used for the purpose of microwave digestion. It is an advanced analytical tool that helps in the separation and identification of components present in complex mixtures. The floor-standing type Microwave Digestion Instrument has different types such as fixed, moveable, and portable instruments available depending upon the need of analysis required by users.
Application Insights:
The market is segmented by application into hospital, clinic, labroary and others. The hospital segment dominated the global market in 2017 owing to an increase in demand for microwave ablation procedures across various hospitals. Lab microwavedilation instrumentation is used for a variety of applications such as treatment of cancerous tissue, deep vein thrombosis (DVT) and pulmonary hypertension (PH).
The Clinic/Laboary segment accounted for the second-largest share due to increasing number of clinics offering diagnostic services with respect to medical microwaves. In addition, growing adoption of lab microwave equipment at clinical facilities on account of technological advancements coupled with rising awareness about its benefits are some factors driving this growth. For instance, introduction of advanced software that helps clinicians optimize treatment outcomes through effective use of lab microwave technology has boosted industry growth significantly over the past few years.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the increasing number of RFID-enabled healthcare facilities, rising adoption of lab automation solutions and investments in R&D for developing advanced diagnostic technologies. Moreover, growing demand for minimally invasive procedures is expected to drive regional growth over the forecast period.
The Asia Pacific regional market is anticipated to witness lucrative growth during the forecast period owing to factors such as improving healthcare infrastructure and rising patient awareness regarding early diagnosis & treatment options leading towards improved health outcomes at lower costs. Furthermore, government initiatives promoting quality medical care are expected to fuel demand over the coming years. Increasing disposable income levels coupled with growing consumer preference towards technologically advanced medical products are also likely boost revenue generation prospects across this region during same time frame (2018 - 2030).
Growth Factors:
- Increasing demand for Lab Microwave Digestion Instrument from the food and beverage industry as a result of the growing awareness about the benefits of using microwave digestion for sample preparation.
- The increasing use of Lab Microwave Digestion Instrument in research and development activities to support drug discovery, biomarker identification, and other scientific endeavors.
- Growing demand for Lab Microwave Digestion Instrument in clinical laboratories to support diagnostic testing procedures.
- The increasing use of Lab Microwave Digestion Instrument in environmental testing laboratories to identify pollutants and contaminants in water, soil, and air samples.
Scope Of The Report
Report Attributes
Report Details
Report Title
Lab Microwave Digestion Instrument Market Research Report
By Type
Desktop, Floor-standing
By Application
Hospital, Clinic, Labroary, Others
By Companies
Aurora Biomed, CEM Corporation, Buck Scientific, Anton Paar, Analytik Jena, Milestone Inc, BrandTech Scientific,Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Lab Microwave Digestion Instrument Market Report Segments:
The global Lab Microwave Digestion Instrument market is segmented on the basis of:
Types
Desktop, Floor-standing
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Clinic, Labroary, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Aurora Biomed
- CEM Corporation
- Buck Scientific
- Anton Paar
- Analytik Jena
- Milestone Inc
- BrandTech Scientific,Inc.
Highlights of The Lab Microwave Digestion Instrument Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Desktop
- Floor-standing
- By Application:
- Hospital
- Clinic
- Labroary
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Lab Microwave Digestion Instrument Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Lab Microwave Digestion Instrument is a device used in laboratories to break down food into its component molecules.
Some of the major players in the lab microwave digestion instrument market are Aurora Biomed, CEM Corporation, Buck Scientific, Anton Paar, Analytik Jena, Milestone Inc, BrandTech Scientific,Inc..
The lab microwave digestion instrument market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lab Microwave Digestion Instrument Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Lab Microwave Digestion Instrument Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Lab Microwave Digestion Instrument Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Lab Microwave Digestion Instrument Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Lab Microwave Digestion Instrument Market Size & Forecast, 2020-2028 4.5.1 Lab Microwave Digestion Instrument Market Size and Y-o-Y Growth 4.5.2 Lab Microwave Digestion Instrument Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Desktop
5.2.2 Floor-standing
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Clinic
6.2.3 Labroary
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lab Microwave Digestion Instrument Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lab Microwave Digestion Instrument Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Desktop
9.6.2 Floor-standing
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Clinic
9.10.3 Labroary
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Desktop
10.6.2 Floor-standing
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Clinic
10.10.3 Labroary
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Desktop
11.6.2 Floor-standing
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Clinic
11.10.3 Labroary
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Desktop
12.6.2 Floor-standing
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Clinic
12.10.3 Labroary
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Desktop
13.6.2 Floor-standing
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Clinic
13.10.3 Labroary
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lab Microwave Digestion Instrument Market: Competitive Dashboard
14.2 Global Lab Microwave Digestion Instrument Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aurora Biomed
14.3.2 CEM Corporation
14.3.3 Buck Scientific
14.3.4 Anton Paar
14.3.5 Analytik Jena
14.3.6 Milestone Inc
14.3.7 BrandTech Scientific,Inc.