The global lab automation incubators market is expected to reach USD 4.5 billion by 2028. The market growth can be attributed to the demand for cost-effective and efficient laboratory solutions that help improve product development processes of biotech and pharmaceutical companies in addition to research laboratories such as academic institutes and contract research organizations (CROs).
Lab automation incubators are laboratory devices that are used for a variety of purposes in the field of biotechnology and pharmaceutical companies. The main function is to maintain important lab parameters such as temperature, humidity, CO² levels, gas pressure, etc., at an optimum level so that experiments can be conducted efficiently without any limitations or disturbances.
Lab automation incubators offer a number of advantages as compared to traditional lab environments. They provide an efficient alternative for biological handling without the risk of contamination and are energy-efficient, eliminating any concerns related to heating or cooling processes such as refrigeration. In addition, these devices can also be used in tandem with laboratory robots that enable users to save time by running multiple experiments simultaneously on different samples at one go while ensuring their quality and safety during transport or storage.
On the basis of type, the global lab automation incubators market is segmented into refrigerated incubators, shaking incubators, and others.
Refrigerated incubators are devices that provide an environment for cell culture and storage of cells at a controlled temperature, usually in the range of 18-34°C. They can be used to maintain high levels of sterility by maintaining constant cool temperatures or they can also be combined with other equipment such as microscopes and lab robots to help automate routine laboratory tasks like sample handling.
Refrigerated incubators are best suited for preserving the temperature and humidity of samples during transportation or storage. These devices can maintain a set point that is used to control parameters such as temperature, airflow rate, CO₂ concentration, O₂ concentration, relative humidity (RH), and others in order to preserve delicate biological material from deteriorating due to environmental conditions.
Shaking Incubators are incubators that are continually shaken at different speeds to maintain uniform heat distribution and increase the airflow inside. The shaking motion spreads out microorganisms evenly over a culture dish or other surface such as a petri dish, for more accurate detection of microbes in research labs. This type of incubator is also used in laboratories where cells have been grown on flat surfaces like plastic plates (as opposed to hanging up) so they can be easily seen under an optical microscope without flipping them around.
On the basis of application, the global lab automation incubators market is segmented into biotechnology and pharmaceutical companies, research institutes & academic institutions, CROs.
Biotechnology and pharmaceutical companies use lab automation incubators to increase the efficiency of their research process. Lab automation incubators provide a controlled environment for cell culture media experiments, which helps them in developing new drugs at a faster pace than other methods. This segment is expected to grow due to the rise in a number of biotechnological & pharmaceutical industries across the globe.
Research institutes and academic institutions are heavily relying on lab automation incubators as these facilities help researchers from all over the world share genetic material with each other even if they don’t have access to high-quality equipment or labs near themselves. Biotech startups also rely on this market for conducting research-related activities such as tissue engineering, stem cells, cloning, etc., hence, this segment is expected to grow exponentially.
Lab automation incubators are a significant investment for CROs, which is why they need to be chosen carefully. They should possess features like accurate temperature control and humidity levels that can help in the growth of cells, thus leading to more efficient testing and better results.
CRO requirements differ depending on their activities, the number of labs, or specimen testing. This is why incubators should be chosen after assessing the needs of CROs to ensure they are not only high in quality but also affordable and cost-efficient for them on a long-term basis.
On the basis of region, the global lab automation incubations market is segmented into North America (US), Latin America (Mexico) Europe (UK), Asia Pacific (China) Middle East & Africa (Saudi Arabia). The global lab automation incubation market in North America is estimated to be the largest by 2028. The region accounted for over 60% of the total revenues generated globally from laboratory equipment and systems, followed by Europe with a share of 35%. The Asia Pacific is projected to witness significant growth during the forecast period owing to its large population base, high disposable income level, and increasing adoption of the latest technologies. On account of their small size-of-market and developing economies, Latin America (Mexico), as well as the Middle East & Africa, are anticipated to grow at low CAGRs through 2024 before experiencing an accelerated growth rate till 2025 onwards on account of enhanced investment opportunities coupled with growing demand from pharmaceutical industries.
The major factor driving the growth of this market is the rising cases of infectious diseases and the increasing demand for personalized medicine. Other factors include growing awareness about biomaterials among scientists and research & academic institutes and a growing number of non-communicable diseases.
Up Market Research published a new report titled “Lab Automation Incubators Market research report which is segmented by Types (Refrigerated Incubators, Shaking Incubators, Other), By Applications (Biotechnology and Pharmaceutical Companies, Research and Academic Institutes, CROs), By Players/Companies Thermo Fisher Scientific, BioTek Instruments, BD, Shimadzu, bioMerieux”. As per the study the market is expected to grow at a CAGR of XX% in the forecast period.
|Report Attributes||Report Details|
|Report Title||Lab Automation Incubators Market Research Report|
|By Type||Refrigerated Incubators, Shaking Incubators, Other|
|By Application||Biotechnology and Pharmaceutical Companies, Research and Academic Institutes, CROs|
|By Companies||Thermo Fisher Scientific, BioTek Instruments, BD, Shimadzu, bioMerieux|
|Regions Covered||North America, Europe, APAC, Latin America, MEA|
|Historical Year||2018 to 2019 (Data from 2010 can be provided as per availability)|
|Number of Pages||226|
|Number of Tables & Figures||159|
|Customization Available||Yes, the report can be customized as per your need.|
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type Refrigerated Incubators, Shaking Incubators, Other and By Application Biotechnology and Pharmaceutical Companies, Research and Academic Institutes, CROs.
Some of the companies that are profiled in this report are:
Lab Automation Incubators Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
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Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Lab Automation Incubators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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