Global CO2 Incubator Market, By Product Type (Water Jacketed CO2 Incubators, Air Jacketed CO2 Incubators, and Direct Heat CO2 Incubators), Capacity (Below 100ltr, 100-200ltr, and Above 200ltr), Application (Laboratory Research & Clinical Applications, In Vitro Fertilization, and Others), End User (Biotechnology and pharmaceutical companies, Research and clinical laboratories, and Others) – Industry Trends and Forecast to 2030.
CO2 Incubator Market Analysis and Size
The increasing use of genetically modified products for therapeutic diagnostics drives increased demand for tissue and cell culture equipment and supplies such as carbon dioxide incubators. Furthermore, technical improvements and the emergence of highly automated apparatus are assisting researchers in carrying out studies more efficiently. Carbon dioxide incubators are being used extensively in cancer research, stem cell research, tissue engineering, embryonic cell research, mammalian cell growth, and neuroscience. The subsequent adoption of incubators owing to advancements in design and temperature stability is therefore likely to augment the CO2 incubator market value in the next few years.
Rising urbanization and an increase in middle-income people are causing pharma companies to provide low-cost and affordable treatments, resulting in market expansion. Furthermore, increasing research and development activities in the life science and biotechnology sectors and manufacturers in the carbon dioxide market focusing on offering the products on the basis of the specific and unique requirements extend profitable opportunities to the market players in the forecast period.
Data Bridge Market Research analyses that the global CO2 incubator market which was USD 196.51 million in 2022, and would rocket up to USD 479.97 million by 2030, and is expected to undergo a CAGR of 12.10% during the forecast period. This indicates that the market value. “. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
CO2 Incubator Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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By Product Type (Water Jacketed CO2 Incubators, Air Jacketed CO2 Incubators, and Direct Heat CO2 Incubators), Capacity (Below 100ltr, 100-200ltr, and Above 200ltr), Application (Laboratory Research & Clinical Applications, In vitro fertilization, and Others), End User (Biotechnology and pharmaceutical companies, Research and clinical laboratories, and Others)
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Countries Covered
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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.
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Market Players Covered
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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.), among others.
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Market Opportunities
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Market Definition
The carbon dioxide incubator pretends the development of an 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.
Global CO2 Incubator Market Dynamics
Drivers
For instance, a study by the World Health Organization (WHO) has stated that cardiovascular diseases (CVDs) account for about 31% of all patient mortality each year
- 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. 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 to the development of treatments addressing infertility.
- Initiatives by the 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 have 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 the 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.
Opportunity
- Increase in the investment in research and development
Rapid innovation in automation along with the increasing investment in research and development in the 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 also expected to drive the market’s growth.
Carbon dioxide incubators are most prominently utilized in pharmaceutical, medical, and other related fields. This device is mostly used in the development of tissue-engineered products. For instance, at the University of Zurich, the Swiss Center for Regenerative Medicines (SCRM) utilizes CO2 incubators for research therapies based on tissue engineering, which comprises cell clusters and tissues. Also, it enables the growth of blood vessels and heart valves grown from stem cells. Such studies conducted by various research institutes and government organizations will create lucrative opportunities in the market, thereby supplementing the market growth.
Restraint/Challenge
On the other hand, the high cost associated with the CO2 incubator is expected to obstruct the growth rate of market. The lack of healthcare infrastructure in developing economies and limitations in safety, efficacy and tolerability of some CO2 incubator will challenge the CO2 incubator market. Moreover, the rising end-use applications is expected to restrain and further impede the growth rate of the market during the forecast period in the forecast period of 2023-2030.
This global 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.
Recent Development
- In May 2021, Esco launched Esco CelCulture CO2 Incubator with High Heat Sterilization (CCL-HHS). This new product adopts a 180°C dry heat sterilization system, proven effective in normally killing resistant fungi, bacterial spores, and vegetative cells that may contaminate the workspace
- In January 2020, CO2Meter Inc., a leading worldwide manufacturer of high-quality gas detection and monitoring solutions, launched a new CO2 sensor for incubators that monitors and controls the environments for cell cultures, tissue samples, and bacteria growth patterns
Global CO2 Incubator Market Scope
The global CO2 incubator market is segmented on the basis of product 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.
Product Type
- Water Jacketed CO2 Incubators
- Air Jacketed CO2 Incubators
- Direct Heat CO2 Incubators
Capacity
- Above 100L and Below 200L
- Above 200L
- Below 100L
Application
- Laboratory Research & Clinical Applications
- In Vitro Fertilization
- Others
End-Users
- Biotechnology and pharmaceutical companies
- Research and clinical laboratories
- Others
Global CO2 Incubator Market Regional Analysis/Insights
The globalCO2 incubator market is analyzed and market size insights and trends are provided by country, product type, capacity, application and end-user as referenced above.
The countries covered in the globalCO2 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 is expected to dominate the global CO2 incubator market due to well-built healthcare industry and the presence of major CO2 incubator manufacturers in this region.
Asia-Pacific is expected to grow during the forecast period due 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 global 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 global CO2 incubator market . The data is available for historic period 2015-2021.
Competitive Landscape and CO2 incubator market Share Analysis
The global 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 market.
Some of the major players operating in the global 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.)
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