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Global CO2 Incubator Market – Industry Trends and Forecast to 2029

  • Medical Devices
  • Upcoming Report
  • Jun 2022
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global CO2 Incubator Market, By Product Type (Water Jacketed CO2 Incubators, Air Jacketed CO2 Incubators, Direct Heat CO2 Incubators), Capacity (Below 100ltr, 100-200ltr, Above 200ltr), Application (Laboratory Research and Clinical Applications, In Vitro Fertilization, Others) – Industry Trends and Forecast to 2029

CO2 Incubator Market

Market Analysis and Size

CO2 incubators are utilised for a variety of applications, including cell culture development, cancer and neurological research, tissue engineering, and embryonic cell research, among others. Alternative impactful reason for the better practice of CO2 incubator has been the rising geriatric populace, increasing occurrence of chronic diseases, rising life anticipation, population progress and growing disposable income. On the other side, growth in GMOs and increasing claim of CO2 incubators due to their temperature steadiness will supplementary cater ample chances that will lead to the expansion of CO2 incubator market in the above exposed forecast period.

Data Bridge Market Research analyses that the CO2 incubator market which was USD 179.03 million in 2021, would rocket up to USD 446.45 million by 2029, and is expected to undergo a CAGR of 12.10% during the forecast period 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team also includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014 - 2019)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Product Type (Water Jacketed CO2  Incubators, Air Jacketed CO2  Incubators, Direct Heat CO2 Incubators), Capacity (Below 100ltr, 100 - 200ltr, Above 200ltr), Application (Laboratory Research and Clinical Applications, In Vitro Fertilization, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

PHC Holdings Corporation (Japan), Thermo Fisher Scientific Inc. (U.S), Eppendorf AG (Germany), Sheldon Manufacturing Inc. (U.S), Binder GmbH (Germany), Memmert GmbH Co.KG (Germany), Bellco Glass (U.S), LEEC Ltd (U.K), Boxun Medical (China), NuAire (U.S), Cardinal Health (U.S), Sartorius AG(Germany),Panasonic India (Japan),Binder GmbH (U.S), ESCO Micro Pte. Ltd. (U.S), Caron Treatment Center (U.S)

Market Opportunities

  • Drug discovery and expansion
  • Improved adoption of lab incubator apparatus 

Market Definition

The carbon dioxide incubator pretends the development of atmosphere of similar tissue and a cell in a living body by pretending the privileged of the incubator. Established on the CO2 Incubators market growth status, competitive landscape and growth model in different sections of the world.

CO2 Incubator Market Dynamics

Drivers

  • Increasing adoption of in vitro fertilization

In vitro fertilization (IVF) refers to a compound series of measures that help with fertility and avert genetic difficulties while assisting with the beginning of a child. The in vitro fertilization is stately to be the most actual form of supported generative technology. Human imitation research has been fraught with together ethical and scientific challenges that initially created obstacles for the development of treatments addressing infertility.

  • Initiatives by government to encourage in vitro fertilization

Subfertility and infertility are known to affect a large portion of the human population. Infertility is defined as a "reproductive system disorder" that causes impairment. Allowing to the World Health Organization, over 10% of women are inflicted crossways the globe with ineffective trials. Despite tall burden of infertility, the needs of couples are not being addressed and found to be outstandingly low among the lower supply areas. 

  • Technological advancements in development of CO2

It includes password sheltered surroundings, door initial alarms, pre-set and others will lead the market towards considerable growing during the forecast period. Culture of cells over the last few decades, CO2 incubator technology has progressed in numerous ways. The insulation of the incubator walls is one component that has progressed significantly. Incubators have long been judged on their capacity to keep the cells growing inside them at the right temperature. It's critical for good cell growth to keep the surroundings warm and well-insulated. Temperature changes can be damaging to cell development since cells require a constant 37°C to grow properly. As a result, insulated CO2 incubators emerged as a vital technology for achieving temperature homogeneity.

Opportunities

Extra impactful reason for the amplified usage of CO2 incubator has been the growing geriatric population, rising prevalence of chronic diseases, increasing life anticipation, people progress and rising one-use income. On the other hand, upsurge in GMOs and increasing petition of CO2  incubators unpaid to their temperature steadiness will further cater ample occasions that will foremost to the development of CO2 incubator market in the beyond revealed forecast period.

Restraints/Challenges

High cost of the equipment, rising end-use applications will hinder the growth of the CO2 incubator market in the forecast period of 2022 to 2029.

This CO2 incubator market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the CO2 incubator market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on CO2 Incubator Market

As the business influence of COVID-19 spreads, the CO2 incubator market is expected to have neutral at growth rate. As this pandemic spreads in some regions, we revaluate the effect on businesses and apprise our report forecasts. The eruption of Covid-19 has a mixed impact on the CO2 incubator market. The growing investment in research by government and private sector to fighting against virus is predictable to have a helpful impact and lead to a minor positive growth in revenue of the CO2 incubator market.

Global CO2 Incubator Market Scope

The CO2 incubator market is segmented on the basis of type, capacity, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

  • Water Jacketed CO2  Incubators
  • Air Jacketed CO2  Incubators
  • Direct Heat CO2  Incubators

Capacity

  • Above 100L and Below 200L
  • Above 200L
  • Below 100L

Application

 End-user

CO2 Incubator Market Regional Analysis/Insights

The CO2 incubator market is analysed and market size insights and trends are provided by country, type, capacity, application and end-user as referenced above.

The countries covered in the CO2 incubator market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominating the CO2 incubator market due to well-built healthcare industry and presence of major CO2 incubator manufacturers in this region.

 Asia-Pacific is anticipated to grow at the highest rate in the forecast period of 2022 to 2029 due to growing acceptance of CO2 incubator from laboratories, research centers and institutions in developing thrifts in this region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Healthcare Infrastructure growth Installed base and New Technology Penetration

The CO2 incubator market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for CO2 incubator market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the CO2 incubator market. The data is available for historic period 2010-2020.

Competitive Landscape and CO2 Incubator Market Share Analysis

The CO2 incubator market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to CO2 incubator market.

Some of the major players operating in the CO2 incubator market are:

  • PHC Holdings Corporation (Japan)
  • Thermo Fisher Scientific Inc. (U.S)
  • Eppendorf AG (Germany)
  • Sheldon Manufacturing Inc. (U.S)
  • Binder GmbH (Germany)
  • Memmert GmbH Co.KG (Germany)
  • Bellco Glass (U.S)
  • LEEC Ltd (U.K)
  • Boxun Medical (China)
  • NuAire(U.S)
  • Cardinal Health (U.S)
  • Sartorius AG(Germany)
  • Panasonic India (Japan)
  • Binder GmbH (U.S)
  • ESCO Micro Pte. Ltd.(U.S)
  • Caron Treatment Center (U.S)

Research Methodology: Global CO2 Incubator Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Customization Available

Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.


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Frequently Asked Questions

The CO2 incubator market is projected to grow at a CAGR of 12.10% during the forecast period of 2022-2029.