Global Lab Automation Incubators Market by Type (Refrigerated Incubators, Shaking Incubators, Other), By Application (Biotechnology and Pharmaceutical Companies, Research and Academic Institutes, CROs) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028
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
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
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
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
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.
CROs
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.
Growth Factors
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 Scope
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 |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
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.
Global Lab Automation Incubators Market Report Segments:
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:
- Thermo Fisher Scientific
- BioTek Instruments
- BD
- Shimadzu
- bioMerieux
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.
Key Benefits for Industry Participants & Stakeholders:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Lab Automation Incubators Market
Overview of the regional outlook of the Lab Automation Incubators Market:
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.
Highlights of The Lab Automation Incubators Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of Lab Automation Incubators Market.
- Historical data and forecast.
- Estimations for the forecast period 2028.
- Developments and trends in the market.
- By Type:
1. Refrigerated Incubators
2. Shaking Incubators
3. Other
7. By Application:1. Biotechnology and Pharmaceutical Companies
2. Research and Academic Institutes
3. CROs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
Reasons to Purchase the Lab Automation Incubators Market Report:
- The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
- Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
- Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
- The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
- Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Lab Automation Incubators Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Lab Automation Incubators Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Lab Automation Incubators Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Lab Automation Incubators Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Lab Automation Incubators Market Size & Forecast, 2018-2028
4.5.1 Lab Automation Incubators Market Size and Y-o-Y Growth
4.5.2 Lab Automation Incubators Market Absolute $ Opportunity
Chapter 5 Global Lab Automation Incubators Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Lab Automation Incubators Market Size Forecast by Type
5.2.1 Refrigerated Incubators
5.2.2 Shaking Incubators
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Lab Automation Incubators Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Lab Automation Incubators Market Size Forecast by Applications
6.2.1 Biotechnology and Pharmaceutical Companies
6.2.2 Research and Academic Institutes
6.2.3 CROs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Lab Automation Incubators Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Lab Automation Incubators Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Lab Automation Incubators Analysis and Forecast
9.1 Introduction
9.2 North America Lab Automation Incubators Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Lab Automation Incubators Market Size Forecast by Type
9.6.1 Refrigerated Incubators
9.6.2 Shaking Incubators
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Lab Automation Incubators Market Size Forecast by Applications
9.10.1 Biotechnology and Pharmaceutical Companies
9.10.2 Research and Academic Institutes
9.10.3 CROs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Lab Automation Incubators Analysis and Forecast
10.1 Introduction
10.2 Europe Lab Automation Incubators Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Lab Automation Incubators Market Size Forecast by Type
10.6.1 Refrigerated Incubators
10.6.2 Shaking Incubators
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Lab Automation Incubators Market Size Forecast by Applications
10.10.1 Biotechnology and Pharmaceutical Companies
10.10.2 Research and Academic Institutes
10.10.3 CROs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Lab Automation Incubators Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Lab Automation Incubators Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Lab Automation Incubators Market Size Forecast by Type
11.6.1 Refrigerated Incubators
11.6.2 Shaking Incubators
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Lab Automation Incubators Market Size Forecast by Applications
11.10.1 Biotechnology and Pharmaceutical Companies
11.10.2 Research and Academic Institutes
11.10.3 CROs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Lab Automation Incubators Analysis and Forecast
12.1 Introduction
12.2 Latin America Lab Automation Incubators Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Lab Automation Incubators Market Size Forecast by Type
12.6.1 Refrigerated Incubators
12.6.2 Shaking Incubators
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Lab Automation Incubators Market Size Forecast by Applications
12.10.1 Biotechnology and Pharmaceutical Companies
12.10.2 Research and Academic Institutes
12.10.3 CROs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Lab Automation Incubators Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Lab Automation Incubators Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Lab Automation Incubators Market Size Forecast by Type
13.6.1 Refrigerated Incubators
13.6.2 Shaking Incubators
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Lab Automation Incubators Market Size Forecast by Applications
13.10.1 Biotechnology and Pharmaceutical Companies
13.10.2 Research and Academic Institutes
13.10.3 CROs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Lab Automation Incubators Market: Competitive Dashboard
14.2 Global Lab Automation Incubators Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Thermo Fisher Scientific
14.3.2 BioTek Instruments
14.3.3 BD
14.3.4 Shimadzu
14.3.5 bioMerieux