Market Overview:
The global laboratory CO2 incubator market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for CO2 incubators from medical, biological, and pharmaceutical applications. In addition, the growing demand for portable and benchtop CO2 incubators is also contributing to the growth of this market. However, factors such as high cost of these devices and lack of awareness about their benefits are restraining the growth of this market. The global laboratory CO2 incubator market can be segmented on the basis of type into benchtop, portable, and others. The benchtop segment is expected to account for a major share in terms of revenue in 2018 owing to its large-scale adoption by research laboratories across different regions worldwide. On the other hand, portable CO2 incubators are witnessing high adoption due their easy portability and low installation costs as compared with benchtop models. On the basis application, medical applications accounted for a majority share in 2017 owing to rising incidences rates cancer globally coupled with increasing number R&D activities undertaken by biotechnology companies specifically focused on developing novel therapies for cancer treatment .
Product Definition:
A laboratory CO2 incubator is a device used to grow bacteria and other microorganisms in a controlled environment. The importance of laboratory CO2 incubators is that they provide an accurate way to monitor the growth of these organisms, which can be used for research or medical purposes.
Benchtop:
The global benchtop CO2 incubator market size was valued at USD 6.1 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. The increasing demand for automation in laboratories coupled with rising geriatric population prone to various chronic diseases such as respiratory disorders, cancer, and cardiac problems is anticipated to drive growth over the coming years.
Portable:
Portable and it's usage in Laboratory CO2 Incubator market is a device that helps to maintain incubation temperature, humidity, and carbon dioxide (CO2) levels inside the incubator. It works on battery power or can be directly connected to an electric outlet.
The portable system has different operating modes including automatic mode, manual mode, semi-automatic mode and fully automatic mode.
Application Insights:
The others application segment held the largest share of over 50.0% in 2017. The segment includes food, chemical, petroleum and energy, pulp and paper, textile and manufacturing industries among others. In biological applications such as pharmaceuticals & biotechnology CO2 incubators are used for growing cells under controlled conditions. Pharmaceutical companies use these systems to grow proteins or DNA in large quantities required for drug development & clinical trials which is anticipated to drive product demand over the forecast period.
Increasing R&D activities related to renewable sources of energy including solar power along with biofuel production is expected to increase lab-scale carbon dioxide production which can be utilized by existing CO2 incubator systems without any additional investments or machinery modifications required for its application in other industries as well as other applications such a chemical synthesis where high purity products are needed leading to increased adoption across various industry verticals globally over the forecast period 8).
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a substantial number of CO2 incubators used for various applications. The region is expected to maintain its dominance over the forecast period due to continuous technological advancements and increasing investments by major players in this region. Moreover, high adoption rate of advanced technologies and availability of well-developed healthcare infrastructure are some other factors driving regional growth.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising demand for medical tourism coupled with improving healthcare facilities in emerging economies including China, India, Thailand, Malaysia and Indonesia among others. In addition, rapidly growing biotechnology & pharmaceutical industries along with supportive government policies are projected to drive regional market growth further on account of rising need for CO2 incubators across several research laboratories & universities as well as clinical trials centers located within these countries.
Growth Factors:
- Increasing demand for biotechnology and pharmaceutical products
- Rising prevalence of chronic diseases
- Technological advancements in laboratory equipment
- Growing number of research and development activities
- Increasing funding for life science research
Scope Of The Report
Report Attributes
Report Details
Report Title
Laboratory CO2 Incubator Market Research Report
By Type
Benchtop, Portable, Others
By Application
Medical, Biological, Pharmaceutical, Others
By Companies
Eppendorf AG, Boeco, Biosan, Heal Force, IKS International, Labotect Labor-Technik-Göttingen GmbH, The Baker Company, Eppendorf AG
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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Laboratory CO2 Incubator Market Report Segments:
The global Laboratory CO2 Incubator market is segmented on the basis of:
Types
Benchtop, Portable, Others
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
Medical, Biological, Pharmaceutical, 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:
- Eppendorf AG
- Boeco
- Biosan
- Heal Force
- IKS International
- Labotect Labor-Technik-Göttingen GmbH
- The Baker Company
- Eppendorf AG
Highlights of The Laboratory CO2 Incubator 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:
- Benchtop
- Portable
- Others
- By Application:
- Medical
- Biological
- Pharmaceutical
- 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 Laboratory CO2 Incubator 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 laboratory CO2 incubator is a device used to control the temperature and humidity in a laboratory. It helps scientists study the effects of changes in these conditions on biological systems.
Some of the major companies in the laboratory co2 incubator market are Eppendorf AG, Boeco, Biosan, Heal Force, IKS International, Labotect Labor-Technik-G¶ttingen GmbH, The Baker Company, Eppendorf AG.
The laboratory co2 incubator market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laboratory CO2 Incubator 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 Laboratory CO2 Incubator Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laboratory CO2 Incubator 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 Laboratory CO2 Incubator 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 Laboratory CO2 Incubator Market Size & Forecast, 2018-2028
4.5.1 Laboratory CO2 Incubator Market Size and Y-o-Y Growth
4.5.2 Laboratory CO2 Incubator Market Absolute $ Opportunity
Chapter 5 Global Laboratory CO2 Incubator 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 Laboratory CO2 Incubator Market Size Forecast by Type
5.2.1 Benchtop
5.2.2 Portable
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Laboratory CO2 Incubator 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 Laboratory CO2 Incubator Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Biological
6.2.3 Pharmaceutical
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laboratory CO2 Incubator 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 Laboratory CO2 Incubator 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 Laboratory CO2 Incubator Analysis and Forecast
9.1 Introduction
9.2 North America Laboratory CO2 Incubator 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 Laboratory CO2 Incubator Market Size Forecast by Type
9.6.1 Benchtop
9.6.2 Portable
9.6.3 Others
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 Laboratory CO2 Incubator Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Biological
9.10.3 Pharmaceutical
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 Laboratory CO2 Incubator Analysis and Forecast
10.1 Introduction
10.2 Europe Laboratory CO2 Incubator 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 Laboratory CO2 Incubator Market Size Forecast by Type
10.6.1 Benchtop
10.6.2 Portable
10.6.3 Others
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 Laboratory CO2 Incubator Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Biological
10.10.3 Pharmaceutical
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 Laboratory CO2 Incubator Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Laboratory CO2 Incubator 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 Laboratory CO2 Incubator Market Size Forecast by Type
11.6.1 Benchtop
11.6.2 Portable
11.6.3 Others
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 Laboratory CO2 Incubator Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Biological
11.10.3 Pharmaceutical
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 Laboratory CO2 Incubator Analysis and Forecast
12.1 Introduction
12.2 Latin America Laboratory CO2 Incubator 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 Laboratory CO2 Incubator Market Size Forecast by Type
12.6.1 Benchtop
12.6.2 Portable
12.6.3 Others
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 Laboratory CO2 Incubator Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Biological
12.10.3 Pharmaceutical
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) Laboratory CO2 Incubator Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Laboratory CO2 Incubator 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) Laboratory CO2 Incubator Market Size Forecast by Type
13.6.1 Benchtop
13.6.2 Portable
13.6.3 Others
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) Laboratory CO2 Incubator Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Biological
13.10.3 Pharmaceutical
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 Laboratory CO2 Incubator Market: Competitive Dashboard
14.2 Global Laboratory CO2 Incubator Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Eppendorf AG
14.3.2 Boeco
14.3.3 Biosan
14.3.4 Heal Force
14.3.5 IKS International
14.3.6 Labotect Labor-Technik-Göttingen GmbH
14.3.7 The Baker Company
14.3.8 Eppendorf AG
