Carbon Dioxide Incubators Market Size, Share, Opportunities, And Trends By Product Type (Water Jacketed CO2 Incubators, Air Jacketed CO2 Incubators, Direct Heat CO2 Incubators, Others), By Capacity (Below 100ltr, 100 – 200ltr, Above 200ltr), And By Geography - Forecasts From 2024 To 2029

The carbon dioxide incubators market is evaluated at US$463.912 million for the year 2022 and is projected to grow at a CAGR of 7.47% to reach a market size of US$768.387 million by the year 2029.

The carbon dioxide incubators are used to maintain an optimal environment for cell growth by providing carbon dioxide control in a humidified atmosphere with a constant temperature. These CO2 incubators are sealed, climate-controlled boxes that are used for growing cell cultures in life science laboratories. These carbon dioxide incubators are used for in-chamber atmosphere control. They control the temperatures and levels of carbon dioxide and humidity in the incubator for critical health and growth of cultured cells.

Moreover, the atmosphere inside a carbon dioxide incubator is as natural as possible to develop cell and tissue cultures. This approach helps cultivate living organisms and it is the prime application for CO2 incubators.

MARKET TRENDS:

The market for carbon dioxide (CO2) incubators is expanding rapidly, propelled by several important causes. The most significant factor is the need for CO2 incubators is being driven by an increase in research activities in areas like cell biology, biotechnology, and pharmaceuticals. These tools offer the best conditions for cell culture and maintenance. Additionally, the need for cell-based research is being fueled by the increased frequency of chronic illnesses and the necessity for drug discovery and development, which is driving up the usage of carbon dioxide incubators.

Furthermore, the need for carbon dioxide incubators with cutting-edge features and capabilities is being driven by improvements in cell culture techniques, such as 3D cell culture and stem cell research, which call for precise and regulated incubation settings. In addition, government efforts and the growing biotechnology and life sciences industries are driving market expansion.

MARKET DRIVERS:

• Increasing adoption of IVF laboratories is anticipated to drive the market’s growth.

Technological advancement in carbon dioxide incubator devices is also considered a driver for the growth of the market. Moreover, these indicators are developed in conjunction with physicians and scientists, and they are specifically used in IVF (In Vitro Fertilization) laboratories. It provides an ideal vitro environment and the precision scientific equipment creates and maintains a healthy atmosphere to maintain the right environments which are required in the IVF lab. These incubators play a crucial role in the IVF lab and the success of IVF treatment for any fertility clinic.

Hence, due to its benefits in the IVF labs and increased automation with the inclusion of carbon sensors, the carbon dioxide incubator market is expecting positive growth during the anticipated period.

Expanding biotechnology and pharmaceutical industries might impact the carbon dioxide incubators' market growth.

The need for CO2 incubators is predicted to rise as biotechnology and pharmaceutical industries carry out more innovation and increase their R&D expenditures. Technological developments in biopharmaceuticals, customized healthcare, and regenerative medicine necessitate advanced cell culture systems with accurate control over environmental parameters including humidity, temperature, and CO2 concentrations. These sectors are increasingly looking for CO2 incubators with cutting-edge technologies like programmable controls, direct heat and airflow systems, and contamination avoidance mechanisms to guarantee precision, dependability, and repeatability in their research and production operations.

The need for CO2 incubators is also fueled by the growth of university research institutions and contract research organizations (CROs) that collaborate with biotech and pharmaceutical businesses on joint ventures. To support a wide range of research activities, from fundamental cell biology studies to extensive drug screening programs, these organizations need high-quality incubation systems.

Overall, the growing biotechnology and pharmaceutical sectors are propelling large expenditures on research infrastructure, including lab apparatus like CO2 incubators, which in turn is pushing market expansion and innovation in the field of cell culture technology.

RESTRAINTS:

Although the carbon dioxide (CO2) incubators market is growing at a promising rate, several obstacles might prevent it from growing further. The initial expense of acquiring and constructing CO2 incubators is a substantial problem that might provide a barrier, especially for smaller research centers, academic institutions, and start-up biotechnology enterprises with little funding. Furthermore, continued financial strains and economic uncertainty in the life sciences and healthcare industries may cause a delay or decrease in purchases of laboratory equipment, such as CO2 incubators.

In addition, the expenses related to the upkeep and adjustment of CO2 incubators, together with the requirement for the regular substitution of consumables like CO2 cylinders and humidity control elements, might raise the total cost of ownership and present monetary difficulties.

The North America carbon dioxide incubators market is anticipated to grow substantially.

The North American region is expected to hold a significant share of the carbon dioxide incubator market. This is due to the well-established healthcare industry and the presence of major CO2 incubator manufacturers in this region. Furthermore, as per CMS, in 2022, NHE expanded by 4.1% to reach $4.5 trillion, or $13,493 per person, and represented 17.3% of GDP. Medicare spending increased by 5.9% in 2022 to $944.3 billion, or 21% of the entire NHE, and Medicaid spending increased by 9.6% in 2022 to $805.7 billion, or 18% of the entire NHE. Such higher healthcare expenditures in this region are prime factors for the growth of the CO2 incubators market.

Product offering

• Eppendorf AG offers CellXpert® C170i CO2 Incubators that provide flexibility for the future and make monitoring and documentation easy. Further, these incubators deliver optimized growth conditions even for sensitive cells. They provide the highest quality and also save money.
• BINDER GmbH offers Model CB 56 CO2 incubators with hot air sterilization and heat sterilizable CO2 sensors. Cell-based tests in pharmaceutical and medical research can utilize these adaptable CB CO2 incubators. Owing to its wide range of options and attachments, this BINDER incubator is even appropriate for intricate culture studies or private surroundings with hypoxic conditions.

Key Developments:

• In May 2020, Esco announced the debut of the Esco CelCulture® CO2 Incubator with High Heat Sterilisation (CCL-HHS). This innovative device uses a dry heat sterilization system that operates at 180°C. It is efficient in eliminating bacterial spores, vegetative cells, and fungi that are typically resistant to contaminating a workspace. This sterilization cycle is more convenient since it finishes in twelve hours, leaving the chamber cold and dry, and it does not need the removal of chamber components.

Carbon Dioxide Incubators Market Scope:

 

Report Metric	Details
Market Size Value in 2022	US$463.912 million
Market Size Value in 2029	US$768.387 million
Growth Rate	CAGR of 7.47% from 2022 to 2029
Study Period	2019 to 2029
Historical Data	2019 to 2022
Base Year	2023
Forecast Period	2024 – 2029
Forecast Unit (Value)	USD Million
Segments Covered	Product Type Capacity Geography
Companies Covered	Eppendorf AG BINDER GmbH PHC Corporation Thermo Fisher Scientific Inc. Sheldon Manufacturing, Inc.
Regions Covered	North America, South America, Europe, Middle East and Africa, Asia Pacific
Customization Scope	Free report customization with purchase

 

Segmentation:

• By Product Type
  • Water Jacketed CO2 Incubators
  • Air Jacketed CO2 Incubators
  • Direct Heat CO2 Incubators
  • Others
• By Capacity
  • Below 100ltr
  • 100-200 ltr
  • Above 200 ltr
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others 
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others 
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others 
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others

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1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key Benefits for the stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. CARBON DIOXIDE INCUBATORS MARKET, BY PRODUCT TYPE

5.1. Introduction

5.2. Water Jacketed CO2 Incubators

5.2.1. Market Trends and Opportunities

5.2.2. Growth Prospects

5.2.3. Geographic Lucrativeness

5.3. Air Jacketed CO2 Incubators

5.3.1. Market Trends and Opportunities

5.3.2. Growth Prospects

5.3.3. Geographic Lucrativeness

5.4. Direct Heat CO2 Incubators

5.4.1. Market Trends and Opportunities

5.4.2. Growth Prospects

5.4.3. Geographic Lucrativeness

5.5. Others

5.5.1. Market Trends and Opportunities

5.5.2. Growth Prospects

5.5.3. Geographic Lucrativeness

6. CARBON DIOXIDE INCUBATORS MARKET, BY CAPACITY

6.1. Introduction

6.2. Below 100 ltr

6.2.1. Market Trends and Opportunities

6.2.2. Growth Prospects

6.2.3. Geographic Lucrativeness

6.3. 100-200 ltr

6.3.1. Market Trends and Opportunities

6.3.2. Growth Prospects

6.3.3. Geographic Lucrativeness

6.4. Above 100 ltr

6.4.1. Market Trends and Opportunities

6.4.2. Growth Prospects

6.4.3. Geographic Lucrativeness

7. CARBON DIOXIDE INCUBATORS MARKET, BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. By Product Type

7.2.2. By Capacity

7.2.3. By Country

7.2.3.1. USA

7.2.3.1.1. Market Trends and Opportunities

7.2.3.1.2. Growth Prospects

7.2.3.2. Canada

7.2.3.2.1. Market Trends and Opportunities

7.2.3.2.2. Growth Prospects

7.2.3.3. Mexico

7.2.3.3.1. Market Trends and Opportunities

7.2.3.3.2. Growth Prospects

7.3. South America

7.3.1. By Product Type

7.3.2. By Capacity

7.3.3. By Country

7.3.3.1. Brazil

7.3.3.1.1. Market Trends and Opportunities

7.3.3.1.2. Growth Prospects

7.3.3.2. Argentina

7.3.3.2.1. Market Trends and Opportunities

7.3.3.2.2. Growth Prospects

7.3.3.3. Others

7.3.3.3.1. Market Trends and Opportunities

7.3.3.3.2. Growth Prospects

7.4. Europe

7.4.1. By Product Type

7.4.2. By Capacity

7.4.3. By Country

7.4.3.1. United Kingdom

7.4.3.1.1. Market Trends and Opportunities

7.4.3.1.2. Growth Prospects

7.4.3.2. Germany

7.4.3.2.1. Market Trends and Opportunities

7.4.3.2.2. Growth Prospects

7.4.3.3. France

7.4.3.3.1. Market Trends and Opportunities

7.4.3.3.2. Growth Prospects

7.4.3.4. Spain

7.4.3.4.1. Market Trends and Opportunities

7.4.3.4.2. Growth Prospects

7.4.3.5. Others

7.4.3.5.1. Market Trends and Opportunities

7.4.3.5.2. Growth Prospects

7.5. Middle East and Africa

7.5.1. By Product Type

7.5.2. By Capacity

7.5.3. By Country

7.5.3.1. Saudi Arabia

7.5.3.1.1. Market Trends and Opportunities

7.5.3.1.2. Growth Prospects

7.5.3.2. UAE

7.5.3.2.1. Market Trends and Opportunities

7.5.3.2.2. Growth Prospects

7.5.3.3. Israel

7.5.3.3.1. Market Trends and Opportunities

7.5.3.3.2. Growth Prospects

7.5.3.4. Others

7.5.3.4.1. Market Trends and Opportunities

7.5.3.4.2. Growth Prospects

7.6. Asia Pacific

7.6.1. By Product Type

7.6.2. By Capacity

7.6.3. By Country

7.6.3.1. China

7.6.3.1.1. Market Trends and Opportunities

7.6.3.1.2. Growth Prospects

7.6.3.2. Japan

7.6.3.2.1. Market Trends and Opportunities

7.6.3.2.2. Growth Prospects

7.6.3.3. India

7.6.3.3.1. Market Trends and Opportunities

7.6.3.3.2. Growth Prospects

7.6.3.4. South Korea

7.6.3.4.1. Market Trends and Opportunities

7.6.3.4.2. Growth Prospects

7.6.3.5. Taiwan

7.6.3.5.1. Market Trends and Opportunities

7.6.3.5.2. Growth Prospects

7.6.3.6. Thailand

7.6.3.6.1. Market Trends and Opportunities

7.6.3.6.2. Growth Prospects

7.6.3.7. Indonesia

7.6.3.7.1. Market Trends and Opportunities

7.6.3.7.2. Growth Prospects

7.6.3.8. Others

7.6.3.8.1. Market Trends and Opportunities

7.6.3.8.2. Growth Prospects

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Eppendorf AG

9.2. BINDER GmbH

9.3. PHC Corporation

9.4. Thermo Fisher Scientific Inc.

9.5. Sheldon Manufacturing, Inc.

9.6. Bellco Glass

9.7. Memmert GmbH + Co.KG

9.8. LEEC Corporation

9.9. Esco Micro Pte.

9.10. Nuaire (Genuit)

Eppendorf AG

BINDER GmbH

PHC Corporation

Thermo Fisher Scientific Inc.

Sheldon Manufacturing, Inc.

Bellco Glass

Memmert GmbH + Co.KG

LEEC Corporation

Esco Micro Pte.

Nuaire (Genuit)