Market Overview:
The global laboratory vacuum ovens market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for laboratory vacuum ovens from various applications such as clinical and medical laboratories, incubator laboratories, production laboratories, research and development (R&D) laboratories, and others. Additionally, the growing trend of miniaturization is also contributing to the growth of this market. However, high initial cost associated with these products may restrain the growth of this market during the forecast period.
Product Definition:
A laboratory vacuum oven is a piece of equipment used to bake or dry objects in a low-pressure environment. This type of oven is often used in scientific and medical laboratories, as it can be used to dry or bake objects without the use of heat. Laboratory vacuum ovens are also important for maintaining the sterility of items being baked or dried.
Small Capacity (Under 2 cu. Ft.):
Small capacity (under 2 cu. Ft.) is the most preferred category in laboratory vacuum ovens market. The growth factor for this segment can be attributed to factors such as growing demand for high-end analytical instruments, increasing R&D activities by various research institutes and commercial labs, and rising usage of small-scale vacuum systems in manufacturing facilities across the globe.
The global small capacity (under 2 cu. Ft.
Standard Capacity (2 cu. Ft-6 cu. Ft.):
The standard capacity of a laboratory vacuum oven is 2 cubic feet (ft.) and it is used to heat materials at very low temperatures. The materials that are commonly tested in a laboratory are often extremely sensitive to temperature. Therefore, these materials need to be heated slowly so as not to damage them. Laboratory vacuum ovens can provide the required heating at constant low temperatures with the help of their thermally insulated walls and controlled internal environment.
Application Insights:
The market is segmented on the basis of application into clinical and medical laboratories, incubator laboratories, production laboratories, research and development (R&D) laboratories, and others. The clinical and medical laboratory was the largest application segment in 2017 owing to an increase in demand for lab tests globally.
Increasing investments by governments in R&D activities have led to a rise in new product launches that require high-quality equipment for testing. This has resulted in an increased demand for lab vacuum ovens from various industries such as pharmaceuticals & biotechnology companies. For instance, according to statistics published by GEA Group Ltd., a total of USD 1 billion were invested worldwide during 2016-2017 period on basic & applied research related projects concerning food processing technologies along with product design developments at its facilities located across 15 countries including China Japan India U.S.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of key players, high adoption rate for technologically advanced products, and increasing government funding for life science research. The U.S.-based companies are also undertaking strategic initiatives such as formation of joint ventures and collaborations with universities & colleges in order to expand their customer base. For instance, Thermo Fisher Scientific Inc., a U.S.-based company is engaged in providing laboratory equipment which includes lab automation systems (LAS), laboratory consumables, reagents & solutions, instruments including automated sample preparation devices (ASPDs) under its brand name Reagent Zero Liq-up System and Consumables One Companion Cube (RC1).
Growth Factors:
- Increasing demand for laboratory vacuum ovens from the pharmaceutical and biotechnology industries for R&D purposes.
- Growing popularity of vacuum ovens among academic research institutes and universities for advanced research in various disciplines.
- Rising demand from the food & beverage industry for quality control and product development purposes.
- Increasing use of vacuum ovens in medical device manufacturing to meet regulatory compliance requirements.
- Technological advancements that have led to the development of more energy-efficient and user-friendly models of vacuum ovens
Scope Of The Report
Report Attributes
Report Details
Report Title
Laboratory Vacuum Ovens Market Research Report
By Type
Small Capacity (Under 2 cu. Ft.), Standard Capacity (2 cu. Ft-6 cu. Ft.), Large Capacity (Above 6 cu. Ft.)
By Application
Clinical and Medical Laboratories, Incubator Laboratories, Production Laboratories, Research & Development (R&D) Laboratories, Others
By Companies
InterFocus, Carbolite Gero, JIM Engineering, SciQuip, Terra Universal, Thermo Fisher Scientific, Ted Pella, BINDER GmbH, BMT Medical Technology, Agilent Technologies, InterFocus, VWR (Avantor), Yamato Scientific America, Sheldon Manufacturing, BIONICS SCIENTIFIC TECHNOLOGIES
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Laboratory Vacuum Ovens Market Report Segments:
The global Laboratory Vacuum Ovens market is segmented on the basis of:
Types
Small Capacity (Under 2 cu. Ft.), Standard Capacity (2 cu. Ft-6 cu. Ft.), Large Capacity (Above 6 cu. Ft.)
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
Clinical and Medical Laboratories, Incubator Laboratories, Production Laboratories, Research & Development (R&D) Laboratories, 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:
- InterFocus
- Carbolite Gero
- JIM Engineering
- SciQuip
- Terra Universal
- Thermo Fisher Scientific
- Ted Pella
- BINDER GmbH
- BMT Medical Technology
- Agilent Technologies
- InterFocus
- VWR (Avantor)
- Yamato Scientific America
- Sheldon Manufacturing
- BIONICS SCIENTIFIC TECHNOLOGIES
Highlights of The Laboratory Vacuum Ovens 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:
- Small Capacity (Under 2 cu. Ft.)
- Standard Capacity (2 cu. Ft-6 cu. Ft.)
- Large Capacity (Above 6 cu. Ft.)
- By Application:
- Clinical and Medical Laboratories
- Incubator Laboratories
- Production Laboratories
- Research & Development (R&D) Laboratories
- 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 Vacuum Ovens 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?
Laboratory vacuum ovens are used to cook and freeze food. They use a lower pressure than regular ovens, which helps to prevent bacteria from growing.
Some of the major players in the laboratory vacuum ovens market are InterFocus, Carbolite Gero, JIM Engineering, SciQuip, Terra Universal, Thermo Fisher Scientific, Ted Pella, BINDER GmbH, BMT Medical Technology, Agilent Technologies, InterFocus, VWR (Avantor), Yamato Scientific America, Sheldon Manufacturing, BIONICS SCIENTIFIC TECHNOLOGIES.
The laboratory vacuum ovens market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Laboratory Vacuum Ovens 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 Vacuum Ovens Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Laboratory Vacuum Ovens 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 Vacuum Ovens 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 Vacuum Ovens Market Size & Forecast, 2020-2028
4.5.1 Laboratory Vacuum Ovens Market Size and Y-o-Y Growth
4.5.2 Laboratory Vacuum Ovens 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 Small Capacity (Under 2 cu. Ft.)
5.2.2 Standard Capacity (2 cu. Ft-6 cu. Ft.)
5.2.3 Large Capacity (Above 6 cu. Ft.)
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 Clinical and Medical Laboratories
6.2.2 Incubator Laboratories
6.2.3 Production Laboratories
6.2.4 Research & Development (R&D) Laboratories
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Laboratory Vacuum Ovens 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 Vacuum Ovens 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 Small Capacity (Under 2 cu. Ft.)
9.6.2 Standard Capacity (2 cu. Ft-6 cu. Ft.)
9.6.3 Large Capacity (Above 6 cu. Ft.)
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 Clinical and Medical Laboratories
9.10.2 Incubator Laboratories
9.10.3 Production Laboratories
9.10.4 Research & Development (R&D) Laboratories
9.10.5 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 Small Capacity (Under 2 cu. Ft.)
10.6.2 Standard Capacity (2 cu. Ft-6 cu. Ft.)
10.6.3 Large Capacity (Above 6 cu. Ft.)
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 Clinical and Medical Laboratories
10.10.2 Incubator Laboratories
10.10.3 Production Laboratories
10.10.4 Research & Development (R&D) Laboratories
10.10.5 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 Small Capacity (Under 2 cu. Ft.)
11.6.2 Standard Capacity (2 cu. Ft-6 cu. Ft.)
11.6.3 Large Capacity (Above 6 cu. Ft.)
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 Clinical and Medical Laboratories
11.10.2 Incubator Laboratories
11.10.3 Production Laboratories
11.10.4 Research & Development (R&D) Laboratories
11.10.5 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 Small Capacity (Under 2 cu. Ft.)
12.6.2 Standard Capacity (2 cu. Ft-6 cu. Ft.)
12.6.3 Large Capacity (Above 6 cu. Ft.)
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 Clinical and Medical Laboratories
12.10.2 Incubator Laboratories
12.10.3 Production Laboratories
12.10.4 Research & Development (R&D) Laboratories
12.10.5 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 Small Capacity (Under 2 cu. Ft.)
13.6.2 Standard Capacity (2 cu. Ft-6 cu. Ft.)
13.6.3 Large Capacity (Above 6 cu. Ft.)
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 Clinical and Medical Laboratories
13.10.2 Incubator Laboratories
13.10.3 Production Laboratories
13.10.4 Research & Development (R&D) Laboratories
13.10.5 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 Vacuum Ovens Market: Competitive Dashboard
14.2 Global Laboratory Vacuum Ovens Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 InterFocus
14.3.2 Carbolite Gero
14.3.3 JIM Engineering
14.3.4 SciQuip
14.3.5 Terra Universal
14.3.6 Thermo Fisher Scientific
14.3.7 Ted Pella
14.3.8 BINDER GmbH
14.3.9 BMT Medical Technology
14.3.10 Agilent Technologies
14.3.11 InterFocus
14.3.12 VWR (Avantor)
14.3.13 Yamato Scientific America
14.3.14 Sheldon Manufacturing
14.3.15 BIONICS SCIENTIFIC TECHNOLOGIES
