Market Overview:
The global laboratory heating mantle market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for laboratory heating mantles in pharmaceutical and scientific research applications. Additionally, the growing awareness about safety and environmental concerns is also driving the demand for laboratory heating mantles. The global laboratory heating mantle market can be segmented on the basis of type into digital and analog. The digital segment is expected to grow at a higher CAGR than the analog segment during the forecast period owing to its advantages such as accuracy, precision, and reliability over analog devices. On the basis of application,the global laboratory heating mantle market can be divided into pharmaceutical industry and scientific research applications. The pharmaceutical industry segment is projected to grow at a higher CAGR than scientific research duringthe forecast period owingto rising demand for drugsand vaccines acrossthe globe .
Product Definition:
A laboratory heating mantle is a device used to heat materials in a laboratory setting. It is generally made of ceramic or other heat-resistant material and has a large, cylindrical shape. The importance of the laboratory heating mantle lies in its ability to evenly distribute heat to materials being heated, which results in more consistent temperatures and improved accuracy when conducting experiments.
Digital:
The global laboratory heating mantle market size was valued at USD 3.5 million in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for high-temperature research equipment coupled with growing expenditure on R&D by industry players across various regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA).
Analog:
Analog systems are used in laboratory heating mantle for the purpose of heating a fluid or gas at constant temperature. These systems consist of thermocouples, RTD sensors and other temperature sensing devices. The most commonly used material is stainless steel which has high thermal conductivity and low thermal capacity. Thermocouples are made from different materials such as platinum, gold, copper & aluminum alloys & iridium; these materials have high resistance to extreme temperatures along with being corrosion resistant.
Application Insights:
The pharmaceutical industry accounted for the largest revenue share in 2016 and is expected to continue its dominance over the forecast period. The growth of this application segment can be attributed to factors such as increasing government funding for R&D, growing demand for generic drugs, and an increase in healthcare spending by consumers.
Increasing research & development activities at various laboratories across the globe coupled with technological advancements are some of the key factors driving laboratory heating mantle market growth. For instance, introduction of advanced digital heating mantles that offer temperature control accuracy is expected to drive product demand in scientific research applications. Digital laboratory heating mantles provide a higher degree of temperature control which helps researchers achieve better results during experiments or tests at different temperatures ranging from -20°C to 1000°Celsius (0°Fto 572°F).
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of research organizations and universities. Moreover, increasing government funding for R&D activities is also expected to drive regional growth over the forecast period. Asia Pacific region is anticipated to witness lucrative growth over the coming years due to rising investments by various governments in this region coupled with growing awareness regarding laboratory heating mantle among researchers.
Moreover, an increase in healthcare spending and favorable government policies are some factors that can be attributed towards regional growth. For instance, according to WHO statistics; India’s healthcare expenditure increased from 3% of GDP in 2009-2010 fiscal year to 4% of GDP by 2013-2014 fiscal year which was higher than China (2%) and Brazil (1%). Such developments are expected propel demand for laboratory equipment such as furnaces which would subsequently drive regional demand during the forecast period.
Growth Factors:
- Increasing demand for advanced laboratory equipment
- Growing research and development expenditure by pharmaceutical and biotechnology companies
- Rising number of contract research organizations (CROs)
- Technological advancements in laboratory heating mantle products
- Increasing use of laboratory heating mantles in drug discovery and development
Scope Of The Report
Report Attributes
Report Details
Report Title
Laboratory Heating Mantle Market Research Report
By Type
Digital, Analog
By Application
Pharmaceutical Industry, Scientific Research
By Companies
Medline Scientific, Biobase, Elektro-mag, Auxilab S.L., Electrothermal, FALC Instruments, Jisico, PCE Ibérica S.L., Shanghai Lichen Instrument Technology Co., Ltd., Zhengzhou Ketai Experimental Equipment Co., Ltd.
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
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Laboratory Heating Mantle Market Report Segments:
The global Laboratory Heating Mantle market is segmented on the basis of:
Types
Digital, Analog
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
Pharmaceutical Industry, Scientific Research
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:
- Medline Scientific
- Biobase
- Elektro-mag
- Auxilab S.L.
- Electrothermal
- FALC Instruments
- Jisico
- PCE Ibérica S.L.
- Shanghai Lichen Instrument Technology Co., Ltd.
- Zhengzhou Ketai Experimental Equipment Co., Ltd.
Highlights of The Laboratory Heating Mantle 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:
- Digital
- Analog
- By Application:
- Pharmaceutical Industry
- Scientific Research
- 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 Heating Mantle 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 heating mantle is a type of heating system used in laboratories to maintain a desired temperature. It is made up of several metal plates that are suspended from the ceiling by wires or cables. The plates are heated by an electric current, and this heat is then transferred to the surrounding air
Some of the major players in the laboratory heating mantle market are Medline Scientific, Biobase, Elektro-mag, Auxilab S.L., Electrothermal, FALC Instruments, Jisico, PCE Ib©rica S.L., Shanghai Lichen Instrument Technology Co., Ltd., Zhengzhou Ketai Experimental Equipment Co., Ltd..
The laboratory heating mantle 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 Heating Mantle 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 Heating Mantle Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laboratory Heating Mantle 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 Heating Mantle 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 Heating Mantle Market Size & Forecast, 2020-2028
4.5.1 Laboratory Heating Mantle Market Size and Y-o-Y Growth
4.5.2 Laboratory Heating Mantle 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 Digital
5.2.2 Analog
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 Pharmaceutical Industry
6.2.2 Scientific Research
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laboratory Heating Mantle 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 Heating Mantle 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 Digital
9.6.2 Analog
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 Pharmaceutical Industry
9.10.2 Scientific Research
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 Digital
10.6.2 Analog
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 Pharmaceutical Industry
10.10.2 Scientific Research
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 Digital
11.6.2 Analog
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 Pharmaceutical Industry
11.10.2 Scientific Research
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 Digital
12.6.2 Analog
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 Pharmaceutical Industry
12.10.2 Scientific Research
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 Digital
13.6.2 Analog
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 Pharmaceutical Industry
13.10.2 Scientific Research
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 Heating Mantle Market: Competitive Dashboard
14.2 Global Laboratory Heating Mantle Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medline Scientific
14.3.2 Biobase
14.3.3 Elektro-mag
14.3.4 Auxilab S.L.
14.3.5 Electrothermal
14.3.6 FALC Instruments
14.3.7 Jisico
14.3.8 PCE Ibérica S.L.
14.3.9 Shanghai Lichen Instrument Technology Co., Ltd.
14.3.10 Zhengzhou Ketai Experimental Equipment Co., Ltd.
