Global Refrigerated Incubators Market Forecast 2022-2028: Opportunities in the Rising Adoption of Refrigerated Incubators for Research Activities Targeting Infectious Diseases – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Global Refrigerated Incubators Market Forecast to 2028 – COVID-19 Impact and Global Analysis by Type and Application” report has been added to ResearchAndMarkets.com’s offering.
The global refrigerated incubators market is projected to reach US$ 822.79 million by 2028 from US$ 562.36 million in 2021; it is expected to grow at a CAGR of 5.6% from 2021 to 2028. The rising adoption of refrigerated incubators for research and development (R&D) activities targeting infectious diseases drives the overall growth of the market. However, availability of incubator alternatives in the market hampers the growth of the market.
The rising utility of refurbished incubators negatively impacts the growth of the global refrigerated incubators market. A high focus on the medicinal industry coupled with notable developments in the developing economy and fast replicating actions for developing novel medicines escalates the demand for refurbished incubators. Additionally, multifaceted applications of incubators enhance the adoption of refrigerated incubators at a high pace globally. Incubators’ capability in life cycle testing the biological samples, refrigeration, and storage of micro-organisms-based samples has gained significant attention in research centers.
The global refrigerated incubators market is segmented on the basis of type and application. Based on type, the market is segmented into below 50L, 51-200L, 201-750L,751-1500L, and above 1501L. The 51-200L segment is estimated to account for the largest market share during 2021-2028. This is mainly due to refrigerators achieving the untapped potential for incubation within the temperature precision and matching demand for an application offering a temperature range of +5 to +700C.
Frequent applications of 51-200L refrigerated incubators type involve microbiological analyses, determining germ count, biological specimen cultivation above and below room temperature, accelerating ageing tests, and maintaining the dairy products shelf life. Labcompare offers 51-200L type refrigerated incubators providing a temperature range of -50C to 800C. The aforementioned factors bolster the refrigerated incubators market growth for the 51-200L segment.
Future Trends of Global Refrigerated Incubators Market
The development of energy-efficient and innovative designs of refrigerated incubators marks a futuristic approach of manufacturers.
Additionally, strong economic growth in terms of investments by international biopharmaceutical companies and contract manufacturers towards development of new and innovative product launches offer lucrative opportunities for the refrigerated incubators market players in the near future.
Manufacturers are channeling their funds towards development of new cost effective and sophisticated refrigerated incubators-based products worldwide. Such aforementioned factors highly support the growth of overall refrigerated incubators market during the forecast period.
Key Topics Covered:
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Refrigerated Incubators Market – Market Landscape
4.1 Overview
4.2 PEST Analysis
4.2.1 North America PEST Analysis
4.2.2 Europe PEST Analysis
4.2.3 Asia Pacific PEST Analysis
4.2.4 Middle East And Africa PEST Analysis
4.2.5 South And Central America PEST Analysis
4.3 Experts Opinion
5. Refrigerated Incubators Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Adoption of Refrigerated Incubators for Research Activities Targeting Infectious Diseases
5.1.2 Technological Advancements in Refrigerated Incubators
5.2 Market Restraints
5.2.1 Availability of Alternative Incubators in Global Market
5.3 Market Opportunities
5.3.1 Increased Adoption of Refrigerated Incubators and Government Funding Targeting R&D Activities
5.4 Future Trends
5.4.1 Energy Efficient and Innovative Designs of Refrigerated Incubators
5.5 Impact Analysis
6. Refrigerated Incubators Market – Global Analysis
6.1 Global Refrigerated Incubators Market Revenue Forecast and Analysis
6.1.1 Global Refrigerated Incubators Market Revenue Forecast and Analysis
6.1.2 Global Refrigerated incubators market – Market Potential Analysis, By Region
6.2 Market Share Analysis of Refrigerated Incubators Market
6.2.1 Company Analysis
6.2.2 Growth Strategy Analysis
6.2.3 Performance of Key Players
6.2.3.1 Thermo Fisher Scientific
6.2.3.2 PHC Holdings Corporation
7. Refrigerated Incubators Market Analysis – By Type
8. Refrigerated Incubators Market Analysis – By Application
9. Global Refrigerated Incubators Market – Geographic Analysis
10. Impact Of COVID-19 Pandemic on Refrigerated Incubators Market
11. Refrigerated Incubators Market – Industry Landscape
11.1 Overview
11.2 Growth Strategies in the Refrigerated Incubators Market, (%)
11.3 Organic Developments
11.3.1 Overview
11.4 Inorganic Developments
11.4.1 Overview
Companies Mentioned
- Binder GmbH
- Thermo Fischer Scientific Inc.
- PHC Holding Corporation
- Eppendorf AG
- Amerex Instruments, Inc.
- Sheldon Manufacturing, Inc.
- LEEC Ltd.
- Memmert GmbH+ Co. KG
- Benchmark Scientific
- Gilson Inc.
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