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Global CO2 Incubator Market 2017-2021

About CO2 Incubators

The global CO₂ incubator market is growing steadily at a rate of 8.13%, which can be attributed to increased R&D investment and the expansion of research facilities in sectors such as life sciences, biomedical, and agricultural research. These sectors use CO₂ incubators, thereby propelling market growth. There is also a growth in investments by the governments in crop research, which is expected to fuel the growth of this market during 2017-2021. In addition, CO₂ incubators are widely used in drug discovery and clinical testing processes. Thus, with the growth of the global pharmaceutical industry, the demand for CO₂ incubators is likely to rise with it.

Technavio’s analysts forecast the global CO2 incubators market to grow at a CAGR of 8.13% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global CO2 incubators market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of CO2 incubators.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global CO2 Incubators Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • BINDER
  • Memmert
  • Panasonic Biomedical
  • Sheldon Manufacturing
  • Thermo Fisher Scientific
Other prominent vendors
  • Bellco Glass
  • BMT USA
  • Cardinal Health
  • CARON
  • CSK Scientific
  • Eppendorf
  • ESCO Global
  • Heal Force
  • Labocon
  • LEEC
  • N-BIOTEK
  • NuAire
  • VWR
Market driver
  • Rising expenditure on R&D globally
  • For a full, detailed list, view our report
Market challenge
  • Stringent government rules and regulations
  • For a full, detailed list, view our report
Market trend
  • Introduction of gel-jacketed incubators
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global CO2 Incubator Market 2017-2021

Technavio recognizes the following companies as the key players in the global CO2 incubator market: BINDER, Memmert, Panasonic Biomedical, Sheldon Manufacturing, and Thermo Fisher Scientific

Other Prominent Vendors in the market are: Bellco Glass, BMT USA, Cardinal Health, CARON, CSK Scientific, Eppendorf, ESCO Global, Heal Force, Labocon, LEEC, N-BIOTEK, NuAire, and VWR

Commenting on the report, an analyst from Technavio’s team said: “Gel-jacketed incubators were first launched by CARON Products and Services in 2011. These incubators contain a heat-retaining gel that provides better thermal insulation than water, allowing the incubator to provide better temperature stability while still maintaining the advantages of a water-jacketed incubator. These incubators also require less maintenance compared to water-jacketed incubators. With the water jacket being completely replaced with a smaller gel jacket, the incubator is less bulky. However, a gel-jacketed incubator is more expensive than a water-jacketed incubator due to which only a bench-top model has been manufactured. A floor CO₂ gel-jacketed incubator's cost would far outweigh its benefits unless better manufacturing methods have been introduced.”

According to the report, there is an increasing incidence of cancer cases worldwide due to various reasons, including unhealthy diet, lack of physical activity, tobacco usage, and excessive alcohol consumption. There is a parallel rise in cancer research where cancer cells are stored in CO₂ incubators and then studied, based on which appropriate and possible treatment solutions are experimented. Generally, tumor development involves simultaneous changes in thousands of cells and variations in genes. Rapid technological advances in the market helps researchers study cancer cells under specific atmospheric conditions.

Further, the report states that the laws and regulations regarding the approval process of these devices vary across all countries, which is a major challenge faced by multi-national companies. In addition, any changes in regulatory policies by different governing bodies during the product development period could delay the launch of potential products in the market. Various developed countries such as the US, the UK, Germany, France, Singapore, Japan, and South Korea have strict regulations for the approval and marketing of diagnostic products. As these are high-income countries, the cost of clinical trials and product launch increases the expenditure for vendors. Many small vendors or startup biotechnology companies seek government or private funding. However, most of the organizations provide limited funds or grants to the vendors. Thus, stringent government regulations in different countries related to the market will hamper the development and consumption of CO₂ incubator solutions.

Companies Mentioned

BINDER, Memmert, Panasonic Biomedical, Sheldon Manufacturing, Thermo Fisher Scientific, Bellco Glass, BMT USA, Cardinal Health, CARON, CSK Scientific, Eppendorf, ESCO Global, Heal Force, Labocon, LEEC, N-BIOTEK, NuAire, VWR.

  • Executive summary
  • Scope of the report
    • Market overview
      • Table Key countries
    • Vendor analysis
      • Table Global COincubator market segmentation: Overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Growth trend of pharmaceutical market 2008-2018
      • Table Snapshot: Global COincubator market segmentation
  • Market landscape
    • Market overview
      • Table Timeline for COincubators
      • Table Types of COincubators based on technology
    • Market size and forecast
      • Table Global COincubator market 2016-2021 ($ millions)
      • Table Impact of various factors on the global COincubator market
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Market overview
      • Table Global COincubator market by application 2016-2021 (%)
      • Table Growth perspective in developed and developing market
    • Global COincubator market in laboratory research and clinical applications
      • Table Global COincubator market in laboratory research 2017-2021 ($ millions)
    • Global COincubator market for IVF
      • Table Global COincubator market for IVF 2016-2021 ($ millions)
      • Table Infertility among couples globally 2014 and 2019
    • Global COincubator market in other applications
      • Table Global COincubator market in other applications 2016-2021 ($ millions)
  • Market segmentation by technology
    • Market overview
      • Table Global COincubator market by technology 2016-2021 (%)
      • Table Opportunity analysis of global COincubator market
    • Global water-jacketed COincubator market
      • Table Global water-jacketed COincubator market 2016-2021 ($ millions)
      • Table Water-jacketed COincubator applications
    • Global air-jacketed COincubator market
      • Table Global air-jacketed COincubator market 2016-2021 ($ millions)
      • Table Advantages of air-jacketed over water-jacketed incubators
    • Global direct-heat COincubator market
      • Table Global direct-heat COincubator market 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table COincubator market by geography 2016- and 2021 (%)
    • COincubator market in Americas
      • Table Source: Technavio
    • COincubator market in APAC
      • Table COincubator market in APAC 2016-2021 ($ millions)
      • Table Capability mapping of APAC in pharmaceutical and biomedical sectors
    • COincubator market in EMEA
      • Table COincubator market in EMEA 2016-2021 ($ millions)
      • Table Impact of BREXIT on the laboratory equipment market
  • Market drivers
    • Table Global R&D expenditure 1996-2014
    • Table Investments in top three research areas as a percentage of total R&D expenditure
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Table Relative importance of criteria for a customer
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Table Comparison of water-jacketed and gel-jacketed incubators
    • Table Investment in biomedical sector by areas 2014
    • Table Region-wise growth of R&D spending in biomedical sector 2010-2015
  • Vendor landscape
    • Competitive scenario
      • Table Strategic success factors of companies
      • Table Competitive parameters in global COincubator market
  • Key vendor analysis
    • BINDER
      • Table BINDER: Key takeaways
    • Memmert
      • Table Memmert: Key takeaways
    • Panasonic Biomedical
      • Table Panasonic Biomedical: Key takeaways
    • Sheldon Manufacturing
      • Table Sheldon Manufacturing: Key takeaways
    • Thermo Fisher Scientific
      • Table Thermo Fisher Scientific: Key takeaways
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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