Carbon dioxide Incubators Market Study To 2022: Grand View Research, Inc.

Carbon dioxide incubator market is expected to grow at a lucrative rate throughout the forecast period due to introduction of technical developments which include greater ranges of temperature, heat alarms and door opening alarms, self-calibration, password protected settings, pre-set alarms, auto decontamination cycles and thermostats. Increasing applications of carbon dioxide incubators for embryonic cell research, cancer research, and cultivation of mammalian cells, tissue engineering, stem cell research, and neuroscience are also expected to fuel growth in demand throughout the forecast period.

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HEPA enabled and infrared controlled carbon dioxide incubators are expected to be grow at a steady rate owing to the technological advancements in filtration methodologies and growing applicability of these incubators in laboratory research projects. Growing awareness in the global population and enhancement of market penetration rates are also expected to fuel market growth through to 2022. Furthermore, increasing energy efficiency, sensor technology and automation, increasing corporate and government support for R&D, increasing usage of next generation equipment, and increasing inclination among scientist and doctors about towards usage of carbon dioxide incubators are expected to derive demand in this market through to the 2022.

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The geographical analysis of global carbon dioxide incubator market divides it into North America, Europe, Asia Pacific, Latin America and MEA. North America accounted for the largest market share in 2014. This large share can be attributed to the growing innovations and developments in the biotechnology and life science sectors. The shift in focus of manufacturers towards providing products which are based on unique and specific requirements is also expected to further contribute to the growth of this region. Asia Pacific region, due to the presence of emerging economies like India and China, is expected to grow at a significant rate due to rising healthcare spending and R&D investments, increasing awareness of the population towards personal healthcare and saturation of markets in the developed countries. Certain market participant such as Fisher Scientific and Thermo Electron entered the carbon dioxide incubator market by the acquisition and merger route. The major participants in the global carbon dioxide market incubator market include, Bellco Glass Inc., SP Industries Inc., Eppendorf AG., Memmert GmbH+CoKG, NuAire Inc, Binder GmbH, Thermo Fisher Scientific Inc., Panasonic Healthcare Co Ltd and Sheldon Manufacturing Inc.

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About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

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