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Global Circulating Water Baths Market 2017-2021

Global Circulating Water Baths Market 2017-2021

About Circulating Water Baths

A water bath is a laboratory equipment used to incubate or maintain samples at a constant temperature for a long time. It usually consists of a metal container filled with heated water. A water bath usually has either an analog or digital interface that allows the user to control the temperature of the bath as per requirement. A water bath has many advantages and hence, its increasing demand.

Technavio’s analysts forecast the global circulating water baths market to grow at a CAGR of 4.23% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global circulating water baths market for 2017-2021. To calculate the market size, the report considers the sales of the circulating water bath equipment.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Circulating Water Baths 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
  • Grant Instruments
  • JULABO
  • PolyScience
  • Thermo Fisher Scientific
Other prominent vendors
  • Benchmark Scientific
  • Cole-Parmer
  • Boekel Scientific
  • C&A Scientific
  • Carolina Biological Supply
  • Edvotek
  • Heidolph
  • Peter Huber Kältemaschinenbau
  • Humboldt
  • IKA Works
Market driver
  • Rapid growth of e-commerce
  • For a full, detailed list, view our report
Market challenge
  • High cost of equipment
  • For a full, detailed list, view our report
Market trend
  • Flexibility of equipment
  • 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 Circulating Water Baths Market 2017-2021

Technavio recognizes the following companies as the key players in the global circulating water baths market: Grant Instruments, JULABO, PolyScience, and Thermo Fisher Scientific.

Other Prominent Vendors in the market are: Benchmark Scientific, Cole-Parmer, Boekel Scientific, C&A Scientific, Carolina Biological Supply, Edvotek, Heidolph, Peter Huber Kältemaschinenbau, Humboldt, and IKA Works.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is flexibility of equipment. Of late, laboratories have been demanding more flexibility in almost all laboratory products for better use of the equipment and to save on costs. The circulating water baths have been incorporated with features and accessories that improve the flexibility of these products allowing the same equipment to be used for several processes within the laboratory. The raw materials that are used are rust-resistant and can be used for longer periods, which, in turn, reduces the expenses of the user in changing the equipment.”

According to the report, one of the major drivers for this market is rapid growth of e-commerce. The rapid growth of the e-commerce industry over the past few years has created new opportunities for laboratory equipment manufacturers with respect to supply and expansion. It has been seen that the sales rate in e-commerce channels will grow by approximately 11-12% in the UK and 9-10% in the US by 2021.

Further, the report states that one of the major factors hindering the growth of this market is high cost of equipment. The cost of a laboratory water bath generally ranges between $380 - $7,500 depending on the type of water bath and the manufacturer. Generally, a regular circulating water bath costs around $850. The additional charges for continual service and maintenance will further add to the total cost of ownership, making it a relatively large investment. Though the total cost of ownership of a water bath has reduced significantly over the past few years, the cost of owning a water bath will remain a challenge. The cost of energy that water baths use is relatively higher than an average laboratory equipment of the same size. Thus, the high price may restrict the buyers in developing countries, which will, in turn, affect the revenue of the vendors.



Companies Mentioned

Grant Instruments, JULABO, PolyScience, Thermo Fisher Scientific, Benchmark Scientific, Cole-Parmer, Boekel Scientific, C&A Scientific, Carolina Biological Supply, Edvotek, Heidolph, Peter Huber Kältemaschinenbau, Humboldt, and IKA Works.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Types of water baths and their market shares
      • Table Advantages of circulating water bath
      • Table Advantages of non-circulating water bath
      • Table Advantages of shaking water bath
  • Market landscape
    • Market overview
      • Table Global circulating water baths market 2016-2021 ($ millions)
      • Table Factors impacting global circulating water baths market
    • Five forces analysis
      • Table Five forces analysis
  • Geographical segmentation
    • Table Market share by geographical segmentation (% share)
    • Circulating water baths market in Americas
      • Table Circulating water baths market in Americas 2016-2021 ($ millions)
    • Circulating water baths market in EMEA
      • Table Circulating water baths market in EMEA 2016-2021 ($ millions)
    • Circulating water baths market in APAC
      • Table Circulating water baths market in APAC 2016-2021 ($ millions)
  • Market segmentation by end-user
    • Market overview
      • Table Market share by end-user 2016-2021 (% share)
    • Chemical industry
      • Table Global circulating water baths market by chemical industry 2016-2021 ($ millions)
    • Microbiology laboratories
      • Table Global circulating water baths market by microbiology laboratories 2016-2021 ($ millions)
    • Others
      • Table Global circulating water baths market by others 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global retail e-commerce sales market
      • Table Comparison between circulating and non-circulating water baths
    • Market challenges
      • Table Parameters of competition
  • Market trends
    • Flexibility of equipment
    • Reduction in sample volumes
    • Development of energy-efficient equipment
  • Vendor landscape
    • Competitive scenario
    • Investment opportunity
  • Key vendor analysis
    • Grant Instruments
      • Table Grant Instruments: Profile
      • Table Grant Instruments: Strength analysis
      • Table Grant Instruments: Strategy assessment
      • Table Grant Instruments: Opportunity assessment
    • JULABO
      • Table JULABO: Profile
      • Table JULABO: Strength analysis
      • Table JULABO: Strategy assessment
      • Table JULABO: Opportunity assessment
    • PolyScience
      • Table PolyScience: Profile
      • Table PolyScience: Strength analysis
      • Table PolyScience: Strategy assessment
      • Table PolyScience: Opportunity assessment
    • Thermo Fisher Scientific
      • Table Thermo Fisher Scientific: Profile
      • Table Thermo Fisher Scientific: Strength analysis
      • Table Thermo Fisher Scientific: Strategy assessment
      • Table Thermo Fisher Scientific: Opportunity assessment
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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