The Carbon Dioxide Incubators market was valued at US$145.109 million in 2017 and is projected to grow at a CAGR of 7.40% over the forecast period to reach US$222.700 million in 2023. Rapid innovation in automation along with the increasing investment in research and development in biotechnology and life science sector from both government and private players and increasing awareness about the benefits associated with the carbon dioxide incubators among researchers are expected to drive the growth of the market. Technological advancement in carbon dioxide incubators devices is also considered as the driver for the growth of the market. Moreover growing prevalence of crop and agriculture research in many regions is further expected to fuel the growth of the market.
This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.
Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Carbon Dioxide Incubators value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.
Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Carbon Dioxide Incubators market.
Major industry players profiled as part of the report are Eppendorf AG, BINDER GmbH, Panasonic Healthcare Co, Thermo Fisher Scientific Inc and Sheldon Manufacturing, Inc among others.
The Carbon Dioxide Incubators market has been analyzed through following segments:
By Product Type
Water Jacketed CO2 Incubators
Air Jacketed CO2 Incubators
Direct Heat CO2 Incubators
100 – 200ltr
Middle East and Africa