Shaking Incubators Market to Experience Significant Growth during the Forecast Period 2018 to 2026
Added: (Mon Feb 18 2019)
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A shaking incubator is an instrument that performs agitation at a specific speed under a temperature-controlled environment in order to provide optimum conditions for the growth of cells and tissue in a culture. The instrument offers a convenient and efficient setup to incorporate oxygen in the cell culture and distributes nutrients evenly throughout the culture media. A shaking incubator helps in the optimum growth of any tissue or cell culture and yeast culture. Various features taken into consideration while choosing the appropriate shaking incubator are its programmability, adjustable speed (RPM), illuminated controls, and temperature uniformity.
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Increase in research activities in the microbiological and pharmaceutical industry for the development of novel therapies for chronic bacterial diseases and improved funding by governments to promote R&D are the key factors expected to augment the expansion of the shaking incubators market during the forecast period. However, a preference for separate settings of shakers and incubators for research in emerging countries owing to a lack of awareness about advanced shaking incubators is expected to restrain the expansion of the shaking incubators market in the coming years.
The global shaking incubators market can be segmented based on motion, application, modality, display, end-user, and region. Based on motion, the global shaking incubators market can be categorized into orbital, oscillating, tilting, vibrating, and others. The orbital segment accounted for a prominent market share in 2017, which is attributable to the emergence of local and regional manufacturers of shaking incubators with orbital motion. The segment is expected to maintain its leading position in terms of revenue throughout the forecast period. In terms of modality, the shaking incubators market can be classified into benchtop and floor standing. The floor standing segment held a dominant market share in 2017, due to the cost effectiveness of floor standing shaking incubators. However, rise in demand for miniaturized shaking incubators that occupy lesser space in research laboratories is projected to boost the expansion of the benchtop shaking incubators segment in the near future.
Based on display, the global shaking incubators market can be divided into digital, analog, and others. The analog segment contributed significantly to revenue in 2017. However, the introduction of technologically advanced laboratory equipment by key companies is estimated to augment the digital segment between 2018 and 2026. In terms of application, the shaking incubators segment can be classified into hematology, histology, blood bags, microbiology, and others. The microbiology segment led the global shaking incubators market in 2017, due to the availability of well-equipped research laboratories and pharmaceutical companies in developed countries. Based on end-user, the global shaking incubators market can be categorized into research laboratories, academic institutes, pharmaceutical & biotechnological companies, diagnostic centers, and others. The pharmaceutical & biotechnological companies segment accounted for significant revenue in 2017 and is anticipated to maintain its leading position in the coming years. Rapid expansion in the drug development process owing to an increase in approvals for new drug development (NDD) applications by the U.S. FDA is a key factor likely to boost the pharmaceutical & biotechnological companies segment during the forecast period.
In terms of region, the shaking incubators market can be segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Efficient distribution of shaking incubators by major manufacturers in the U.S. and Canada is estimated to propel the market in North America between 2018 and2026. Europe is expected to be a prominent region of the market in terms of revenue in the coming years. However, the market in Asia Pacific is anticipated to expand at a relatively significant CAGR by the end of 2026, due to the rapid expansion of the biotechnological industry in India and improved research funding by government organizations for the prevention and control of bacterial diseases in the emerging countries of Asia Pacific.
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Major players operating in the global shaking incubators market include Biolab Scientific, Daigger Scientific Inc., Labwit Scientific Pty Ltd, LABREPCO, Sheldon Manufacturing, Inc., Thomas Scientific, REMI GROUP, SciQuip, Meditech technologies India Pvt Ltd., Vision Scientific, and Cleaver Scientific.
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