North America Refrigerated Incubators Market Forecast to 2028

Report Code : BMIRE00025484 | Region : North America | Industry : Medical Device | Published Date : 27/Jul/2022
North America Refrigerated Incubators Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Below 50L, 51-200L, 201-750L, 751-1,500L, and Above 1,501L) and Application (Hospitals & Research and Diagnostic Laboratories, Pharmaceutical & Cosmeceutical and Biotechnology Companies, Research and Academic Institutes, and Others)

The North America refrigerated incubators market is expected to grow from US$ 234.43 million in 2021 to US$ 340.64 million by 2028; it is estimated to grow at a CAGR of 5.5% from 2021 to 2028.

The outbreak of infectious diseases can cause various economic and social risks. During the pandemics and epidemics (whether naturally occurring or human-initiated), the costs associated with the health system related to medical treatment and outbreak control are high. For example, the expected per annum cost of the influenza pandemic created a significant cost burden on the healthcare system, accounting for ~US$ 500 billion as per the estimates by Frontiers S.A. report. Several countries across the region have focused on research and development activities to control the drastic impact of infectious diseases on the economy. The Public Library of Science (PLOS) report states that accurate results from public health laboratories are dependent on specimens arriving in good conditions. Many specimens shipped from the collection site to the testing laboratory facility must be maintained at refrigeration temperatures (between 20 C and 800 C) for specimen stability. Therefore, keeping specimens at the appropriate temperature is critical for laboratory sample integrity and testing results, especially in cases where the cold temperature is required. The Frontiers S.A. report states that bloodstream infections (BSI) substantially impact morbidity and mortality. For example, it is estimated that the mortality due to nontyphoidal Salmonella BSI among children under age 5 is higher that it is due to malaria. Therefore, an accurate diagnosis of such life-threatening infections is highly required. So, laboratory processing of blood culture can be done successfully without enormous costs and complicated equipment. For example, incubation and growth monitoring automation has become the standard in high-income countries (HICs). The collection of blood for blood culture is a vital step in the process due to blood culture sensitivity and volume sampled. Such aforementioned factors support the high adoption of refrigerated incubators intended for research purposes on a large scale in the future, thereby driving the market growth.

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America refrigerated incubators market in the coming years. The market is expected to grow at a good CAGR during the forecast period.

North America Refrigerated Incubators Market Revenue and Forecast to 2028 (US$ Million)

North America Refrigerated Incubators Market Segmentation

The North America refrigerated incubators market is segmented on the basis of type, application, and country. Based on type, the market is segmented into below 50L, 51–200L, 201–750L, 751–1,500L, and above 1,501L. The 51–200L segment dominated the market in 2020. Also, the market for the same segment is expected to grow at the fastest rate during the forecast period. Based on application, the North America refrigerated incubators market is segmented into hospitals & research and diagnostic laboratories, pharmaceutical & cosmeceutical and biotechnology companies, research and academic institutes, and others. The hospitals & research and diagnostic laboratories segment dominated the market in 2020, and the market for the same segment is expected to grow at the fastest rate during the forecast period. Based on country, the market is segmented into the US, Canada, and Mexico.

Amerex Instruments, Inc.; Benchmark Scientific; Binder GmbH; Eppendorf AG; Gilson Inc.; LEEC Ltd.; Memmert GmbH + Co. KG; PHC Holdings Corporation; Sheldon Manufacturing, Inc.; and Thermo Fisher Scientific Inc. are among the leading companies in the North America refrigerated incubators market.

The List of Companies - North America Refrigerated Incubators Market

● Amerex Instruments, Inc.

● Benchmark Scientific

● Binder GmbH

● Eppendorf AG

● Gilson Inc.

● LEEC Ltd.

● Memmert GmbH + Co. KG

● PHC Holdings Corporation

● Sheldon Manufacturing, Inc.

● Thermo Fisher Scientific Inc.

TABLE OF CONTENTS

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 North America Refrigerated Incubators Market – By Type

1.3.2 North America Refrigerated Incubators Market – By Application

1.3.3 North America Refrigerated Incubators Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. North America Refrigerated Incubators Market – Market Landscape

4.1 Overview

4.2 North America PEST Analysis

4.3 Experts Opinion

5. North America Refrigerated Incubators Market– Key Market Dynamics

5.1 Market Drivers

5.1.1 Growing Adoption of Refrigerated Incubators for Research Activities Targeting Infectious Diseases

5.1.2 Rising Technological Advancements in Refrigerated Incubators

5.2 Market Restraints

5.2.1 Availability of Alternative Incubators

5.3 Market Opportunities

5.3.1 Increased Adoption of Refrigerated Incubators and Government Funding Targeting R&D Activities

5.4 Future Trends

5.4.1 Rise of Energy Efficient and Innovative Designs of Refrigerated Incubators

5.5 Impact Analysis

6. Refrigerated Incubators Market– North America Analysis

6.1 North America Refrigerated Incubators Market Revenue Forecast and Analysis

7. North America Refrigerated Incubators Market Analysis – By Type

7.1 Overview

7.2 North America Refrigerated Incubators Market Revenue Share, by Type (2021 and 2028)

7.3 Below 50L

7.3.1 Overview

7.3.2 Below 50L: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

7.4-200L

7.4.1 Overview

7.4.2-200L: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

7.5-750L

7.5.1 Overview

7.5.2-750L: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

7.6-1500L

7.6.1 Overview

7.6.2-1500L: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

7.7 Above 1501L

7.7.1 Overview

7.7.2 Above 1501L: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

8. North America Refrigerated Incubators Market Analysis – By Application

8.1 Overview

8.2 North America Refrigerated Incubators Market Share, by Application, 2021 and 2028, (%)

8.3 Hospitals, Research & Diagnostic Laboratories

8.3.1 Overview

8.3.2 Hospitals, Research & Diagnostic Laboratories: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

8.4 Pharmaceutical, Cosmeceutical, and Biotechnology Companies

8.4.1 Overview

8.4.2 Pharmaceutical, Cosmeceutical, and Biotechnology Companies: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

8.5 Research & Academic Institutes

8.5.1 Overview

8.5.2 Research & Academic Institutes: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

8.6 Others

8.6.1 Overview

8.6.2 Others: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

9. North America Refrigerated Incubators Market – Country Analysis

9.1 North America: Refrigerated Incubators Market

9.1.1 Overview

9.1.3 North America: Refrigerated Incubators Market, by Country, 2021 & 2028 (%)

9.1.3.1 US: Refrigerated Incubators Market– Revenue and Forecast to 2028 (US$ Million)

9.1.3.1.1 US: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

9.1.3.1.2 US: Refrigerated Incubators Market, by Type, 2019–2028 (US$ Million)

9.1.3.1.3 US: Refrigerated Incubators Market, by Application, 2019–2028 (US$ Million)

9.1.3.2 Canada: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

9.1.3.2.1 Canada: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

9.1.3.2.2 Canada: Refrigerated Incubators Market, by Type, 2019–2028 (US$ Million)

9.1.3.2.3 Canada: Refrigerated Incubators Market, by Application, 2019–2028 (US$ Million)

9.1.3.3 Mexico: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

9.1.3.3.1 Mexico: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

9.1.3.3.2 Mexico: Refrigerated Incubators Market, by Type – 2019–2028 (US$ Million)

9.1.3.3.3 Mexico: Refrigerated Incubators Market, by Application, 2019–2028 (US$ Million)

10. Industry Landscape

10.1 Overview

10.2 Organic Developments

10.2.1 Overview

10.3 Inorganic Developments

10.3.1 Overview

11. Company Profiles

11.1 Binder GmbH

11.1.1 Key Facts

11.1.2 Business Description

11.1.3 Products and Services

11.1.4 Financial Overview

11.1.5 SWOT Analysis

11.1.6 Key Developments

11.2 Thermo Fisher Scientific Inc.

11.2.1 Key Facts

11.2.2 Business Description

11.2.3 Products and Services

11.2.4 Financial Overview

11.2.5 SWOT Analysis

11.2.6 Key Developments

11.3 PHC Holdings Corporation

11.3.1 Key Facts

11.3.2 Business Description

11.3.3 Products and Services

11.3.4 Financial Overview

11.3.5 SWOT Analysis

11.3.6 Key Developments

11.4 Eppendorf AG

11.4.1 Key Facts

11.4.2 Business Description

11.4.3 Products and Services

11.4.4 Financial Overview

11.4.5 SWOT Analysis

11.4.6 Key Developments

11.5 Amerex Instruments, Inc.

11.5.1 Key Facts

11.5.2 Business Description

11.5.3 Products and Services

11.5.4 Financial Overview

11.5.5 SWOT Analysis

11.5.6 Key Developments

11.6 Sheldon Manufacturing, Inc.

11.6.1 Key Facts

11.6.2 Business Description

11.6.3 Products and Services

11.6.4 Financial Overview

11.6.5 SWOT Analysis

11.6.6 Key Developments

11.7 LEEC Ltd.

11.7.1 Key Facts

11.7.2 Business Description

11.7.3 Products and Services

11.7.4 Financial Overview

11.7.5 SWOT Analysis

11.7.6 Key Developments

11.8 Memmert GmbH + Co. KG

11.8.1 Key Facts

11.8.2 Business Description

11.8.3 Products and Services

11.8.4 Financial Overview

11.8.5 SWOT Analysis

11.8.6 Key Developments

11.9 Benchmark Scientific

11.9.1 Key Facts

11.9.2 Business Description

11.9.3 Products and Services

11.9.4 Financial Overview

11.9.5 SWOT Analysis

11.9.6 Key Developments

11.10 Gilson Inc.

11.10.1 Key Facts

11.10.2 Business Description

11.10.3 Products and Services

11.10.4 Financial Overview

11.10.5 SWOT Analysis

11.10.6 Key Developments

12. Appendix

12.1 About The Insight Partners

12.2 Glossary of Terms

LIST OF TABLES.

Table 1. North America Refrigerated Incubators Market, Revenue and Forecast, 2019–2028 (US$ Mn)

Table 2. US Refrigerated Incubators Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 3. US Refrigerated Incubators Market, by Application– Revenue and Forecast to 2028 (US$ Million)

Table 4. Canada Refrigerated Incubators Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 5. Canada Refrigerated Incubators Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 6. Mexico Refrigerated Incubators Market, by Type – Revenue and Forecast to 2028 (US$ Million)

Table 7. Mexico Refrigerated Incubators Market, by Application – Revenue and Forecast to 2028 (US$ Million)

Table 8. Organic Developments Done by Companies

Table 9. Inorganic Developments Done by Companies

Table 10. Glossary of Terms

The List of Companies - North America Refrigerated Incubators Market

● Amerex Instruments, Inc.

● Benchmark Scientific

● Binder GmbH

● Eppendorf AG

● Gilson Inc.

● LEEC Ltd.

● Memmert GmbH + Co. KG

● PHC Holdings Corporation

● Sheldon Manufacturing, Inc.

● Thermo Fisher Scientific Inc.

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