Report : Carbon Dioxide Incubators Market to 2027 - Global Analysis and Forecasts by Product (Water Jacketed CO2 Incubators, Direct Heat CO2 Incubators, Air Jacketed CO2 Incubators); Application (In Vitro Fertilization, Laboratory Research and Clinical Applications, Other Applications); Capacity (Below 100L, Above 100L and Below 200L, Above 200L), and Geography
Water jacketed carbon dioxide incubator segment is expected to drive the market for carbon dioxide incubators over the forecast period by product segment.
According to The Insight Partners market research study titled ‘Carbon Dioxide Incubators Market to 2027 – Global Analysis and Forecasts by Product, Application, Capacity, and Geography. The global carbon dioxide incubators market is expected to reach to US$ 238.95 Mn in 2027 from US$ 129.16 Mn in 2018. The market is estimated to grow with a CAGR of 7.1% from 2019-2027. The report highlights the trends prevalent in the global carbon dioxide incubators market and the factors driving the market along with those that act as challenges to its growth.
Global carbon dioxide incubators market was segmented by product, application, and capacity. The market based on product segment is classified as water jacketed carbon dioxide incubators, direct heat carbon dioxide incubators and air jacketed carbon dioxide incubators. On the basis of application, the market is classified as in vitro fertilization, laboratory research clinical applications, and, other applications. On the basis of capacity, the market is segmented into below 100L, above 100L & below 200L, and above 200L.
The market for carbon dioxide incubators is expected to grow significantly due to factors such as rapid growth of pharmaceutical and biotechnology industry, rising adoption of in vitro fertilization, and initiatives by government to encourage in vitro fertilization. However, the market is likely to experience restriction on its growth owing to the factors such as limitations associated with carbon dioxide incubators.
The major players operating in the Carbon Dioxide Incubators market include, PHC Holdings Corporation., Thermo Fisher Scientific, Eppendorf AG, Sheldon Manufacturing Inc., Binder GmbH, Memmert GmbH Co.KG, Bellco Glass Inc., LEEC Ltd, Shanghai Boxun Medical Biological Instrument Corp., NuAire, among the others. The market has carried out various organic growth strategies in the market. The organic strategies were conducted majorly and these strategies have assisted in strengthening their product offering in the market.
Global Carbon Dioxide Incubators Market, By Regions, 2018 (%)
The report segments the global carbon dioxide incubators market as follows:
Global Carbon Dioxide Incubators Market – By Product
Global Carbon Dioxide Incubators Market – By Application
Global Carbon Dioxide Incubators Market – By Capacity
Global Carbon Dioxide Incubators Market – By Geography
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