Market Overview:
The global microplate incubators 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 microplate incubators from pharmaceutical corporations, hospitals, diagnostic labs, and other end-users. Additionally, the growing focus on R&D activities by various organizations is also propelling the growth of this market. Based on type, the global microplate incubators market can be segmented into single-layer incubator and multi-layer incubator. The single-layer incubator segment is expected to account for a larger share of the global microplate incubators market in 2018 owing to its low cost and easy installation as compared to multi-layer incuabtors.
Product Definition:
A microplate incubator is a device used to incubate small plates of biological material. The importance of microplate incubators is that they provide a controlled environment for the growth or activation of cells or other biological specimens. This allows for more accurate and consistent results from experiments.
Single-Layer Incubator:
Single-layer incubator is a device used for incubating biological samples under controlled environmental conditions. It consists of an upper chamber and a lower chamber, which can be separated by a membrane allowing gas exchange between the chambers. The single layer design allows small volume biopsy specimens to be held at room temperature for diagnostic purposes without the addition of ice or other cooling agents.
Multi-Layer Incubator:
Multi-layer incubator is a device used in microplate incubators. It has two or more layers of different temperatures for the purpose of thermal stabilization and uniform temperature for the entire plate. The multi-layer incubator helps to reduce fluctuations in temperature which increases its demand among researchers, especially those who work with sensitive materials such as RNA and DNA samples.
Application Insights:
The market is segmented by application into pharmaceutical corporation, hospital, diagnostic labs and others. The other applications include research institutes and educational institutions. The hospital application dominated the overall industry in terms of revenue in 2017 owing to a wide range of microplate incubators used for various purposes such as cell culture, tissue culture and vaccine production among others.
Moreover, increasing demand for diagnostics products has also driven the growth of the market for microplate incubators over recent years due to an increase in testing procedures across several industries such as healthcare & life science which require a large number of samples for analysis at short notice intervals thus driving demand globally.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of biotechnology and pharmaceutical companies, advanced healthcare infrastructure, and high adoption rate for technologically advanced devices are some factors driving the regional market. Moreover, government support for R&D activities is another factor contributing to the growth of this region. For instance, National Institute of Health (NIH) provides grants to universities and other research organizations on an annual basis. It also supports various programs that enable researchers to use microplates efficiently in laboratories across U.S.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing investments by governments as well as private players for developing innovative products with better efficiency.
Growth Factors:
- Increasing demand for microplate incubators from the biotechnology and pharmaceutical industries for drug discovery and development processes.
- Rising prevalence of chronic diseases such as cancer, diabetes, and cardiovascular diseases that require advanced diagnostics and treatments, which in turn is fueling the demand for microplate incubators.
- Technological advancements in microplate incubators that are increasing their efficiency and accuracy are resulting in their increased adoption across research laboratories.
- Growing number of contract research organizations (CROs) is propelling the demand for high-quality microplate incubators to support their drug discovery activities.
Scope Of The Report
Report Attributes
Report Details
Report Title
Microplate Incubators Market Research Report
By Type
Single-Layer Incubator, Multi-Layer Incubator
By Application
Pharmaceutical Corporation, Hospital, Diagnostic Labs, Other
By Companies
Labocon, Labnet, BMG LABTECH, Bio-Rad Laboratories, Thermo Fisher Scientific Inc., Scientific Industries, Grant Instruments, BioTek Instruments, Ohaus, Corning, Boekel, BrandTech, G-Biosciences, Benchmark, TAITEC
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
245
Number of Tables & Figures
172
Customization Available
Yes, the report can be customized as per your need.
Global Microplate Incubators Market Report Segments:
The global Microplate Incubators market is segmented on the basis of:
Types
Single-Layer Incubator, Multi-Layer Incubator
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 Corporation, Hospital, Diagnostic Labs, Other
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:
- Labocon
- Labnet
- BMG LABTECH
- Bio-Rad Laboratories
- Thermo Fisher Scientific Inc.
- Scientific Industries
- Grant Instruments
- BioTek Instruments
- Ohaus
- Corning
- Boekel
- BrandTech
- G-Biosciences
- Benchmark
- TAITEC
Highlights of The Microplate Incubators 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:
- Single-Layer Incubator
- Multi-Layer Incubator
- By Application:
- Pharmaceutical Corporation
- Hospital
- Diagnostic Labs
- Other
- 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 Microplate Incubators 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?
Microplate incubators are small, portable devices that help scientists speed up the process of growing cells and tissues in a controlled environment. They typically use a variety of temperature and humidity controls to ensure that the cells or tissues grow as desired.
Some of the major players in the microplate incubators market are Labocon, Labnet, BMG LABTECH, Bio-Rad Laboratories, Thermo Fisher Scientific Inc., Scientific Industries, Grant Instruments, BioTek Instruments, Ohaus, Corning, Boekel, BrandTech, G-Biosciences, Benchmark, TAITEC.
The microplate incubators market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Microplate Incubators Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Microplate Incubators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Microplate Incubators Market - Supply Chain
4.5. Global Microplate Incubators Market Forecast
4.5.1. Microplate Incubators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Microplate Incubators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Microplate Incubators Market Absolute $ Opportunity
5. Global Microplate Incubators Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Microplate Incubators Market Size and Volume Forecast by Type
5.3.1. Single-Layer Incubator
5.3.2. Multi-Layer Incubator
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Microplate Incubators Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Microplate Incubators Market Size and Volume Forecast by Application
6.3.1. Pharmaceutical Corporation
6.3.2. Hospital
6.3.3. Diagnostic Labs
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Microplate Incubators Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Microplate Incubators Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Microplate Incubators Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Microplate Incubators Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Microplate Incubators Demand Share Forecast, 2019-2026
9. North America Microplate Incubators Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Microplate Incubators Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Microplate Incubators Market Size and Volume Forecast by Application
9.4.1. Pharmaceutical Corporation
9.4.2. Hospital
9.4.3. Diagnostic Labs
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Microplate Incubators Market Size and Volume Forecast by Type
9.7.1. Single-Layer Incubator
9.7.2. Multi-Layer Incubator
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Microplate Incubators Demand Share Forecast, 2019-2026
10. Latin America Microplate Incubators Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Microplate Incubators Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Microplate Incubators Market Size and Volume Forecast by Application
10.4.1. Pharmaceutical Corporation
10.4.2. Hospital
10.4.3. Diagnostic Labs
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Microplate Incubators Market Size and Volume Forecast by Type
10.7.1. Single-Layer Incubator
10.7.2. Multi-Layer Incubator
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Microplate Incubators Demand Share Forecast, 2019-2026
11. Europe Microplate Incubators Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Microplate Incubators Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Microplate Incubators Market Size and Volume Forecast by Application
11.4.1. Pharmaceutical Corporation
11.4.2. Hospital
11.4.3. Diagnostic Labs
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Microplate Incubators Market Size and Volume Forecast by Type
11.7.1. Single-Layer Incubator
11.7.2. Multi-Layer Incubator
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Microplate Incubators Demand Share, 2019-2026
12. Asia Pacific Microplate Incubators Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Microplate Incubators Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Microplate Incubators Market Size and Volume Forecast by Application
12.4.1. Pharmaceutical Corporation
12.4.2. Hospital
12.4.3. Diagnostic Labs
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Microplate Incubators Market Size and Volume Forecast by Type
12.7.1. Single-Layer Incubator
12.7.2. Multi-Layer Incubator
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Microplate Incubators Demand Share, 2019-2026
13. Middle East & Africa Microplate Incubators Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Microplate Incubators Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Microplate Incubators Market Size and Volume Forecast by Application
13.4.1. Pharmaceutical Corporation
13.4.2. Hospital
13.4.3. Diagnostic Labs
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Microplate Incubators Market Size and Volume Forecast by Type
13.7.1. Single-Layer Incubator
13.7.2. Multi-Layer Incubator
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Microplate Incubators Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Microplate Incubators Market: Market Share Analysis
14.2. Microplate Incubators Distributors and Customers
14.3. Microplate Incubators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Labocon
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Labnet
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. BMG LABTECH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bio-Rad Laboratories
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Thermo Fisher Scientific Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Scientific Industries
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Grant Instruments
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. BioTek Instruments
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ohaus
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Corning
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Boekel
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. BrandTech
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. G-Biosciences
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Benchmark
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. TAITEC
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook