Asia-Pacific 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)

Name: Asia-Pacific Refrigerated Incubators Market
SKU: Medical Device
Rating: 4.8 (17 reviews)

The APAC refrigerated incubators market is expected to grow from US$ 126.90 million in 2021 to US$ 208.06 million by 2028; it is estimated to grow at a CAGR of 7.3% from 2021 to 2028.

According to the Public Library of Science (PLOS) report, in the past few years, there have been significant challenges associated with tackling emerging infectious diseases, particularly antimicrobial resistance (AMR) and neglected diseases (NDs). Therefore, a few prerequisites are required for enabling a functional R&D framework in terms of financing. The Consultative Expert Working Group (CEWG) focused on R&D financing and coordination at the World Health Organization (WHO) suggested searching for alternatives to fund and incentivize R&D for innovation and access to emerging infectious diseases. So, with the rising R&D activities targeting emerging infectious and AMR diseases, the adoption of refrigerated incubators has increased across the region. Strong investments by international biopharmaceutical companies and contract manufacturers in new and innovative product launches would offer lucrative opportunities for the refrigerated incubators market players in the coming years. Also, manufacturers are now channeling funds toward research and development to introduce cost-effective and sophisticated refrigerated incubator-based products across the region. For example, in May 2017, Thermo Fischer Scientific announced the launch of new refrigerated incubators in market across APAC. These systems are widely applicable in life sciences, pharmaceutical, water treatment, biological research, and microbiological industries that need incubation of bacteria and yeast, water testing, biochemical oxygen demand (BOD) testing, and sample storage at specific temperatures. Such aforementioned factors are expected to support the high adoption of refrigerated incubators across APAC during the forecast period.

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 APAC refrigerated incubators market in the coming years. The market is expected to grow at a good CAGR during the forecast period.

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

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APAC Refrigerated Incubators Market Segmentation

The APAC refrigerated incubators market is segmented based on type, application, and country. Based on type, APAC refrigerated incubators market is segmented into below 50L, 51-200L, 201-750L, 751-1500L, and above 1501L. The 51-200L segment dominated the market in 2020 and same segment is expected to be fastest growing during forecast period. Based on application, APAC 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 same segment is expected to be fastest growing during forecast period. Based on country, the APAC refrigerated incubators market has been segmented into China, India, Japan, South Korea, Australia, and rest of APAC.

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 APAC refrigerated incubators market.

1. Introduction

1.1 Scope of the Study

1.2 The Insight Partners Research Report Guidance

1.3 Market Segmentation

1.3.1 APAC Refrigerated Incubators Market – By Type

1.3.2 APAC Refrigerated Incubators Market – By Application

1.3.3 APAC Refrigerated Incubators Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. APAC Refrigerated Incubators Market – Market Landscape

4.1 Overview

4.2 APAC PEST Analysis

4.3 Experts Opinion

5. APAC Refrigerated Incubators Market– Key Market Dynamics

5.1 Market Drivers

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

5.1.2 Technological Advancements in Refrigerated Incubators

5.2 Market Restraints

5.2.1 Availability of Alternative Incubators

5.3 Market Opportunities

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

5.4 Future Trends

5.4.1 Advent of Energy Efficient and Innovative Designs of Refrigerated Incubators

5.5 Impact Analysis

6. Refrigerated Incubators Market– APAC Analysis

6.1 APAC Refrigerated Incubators Market Revenue Forecast and Analysis

7. APAC Refrigerated Incubators Market Analysis – By Type

7.1 Overview

7.2 APAC 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. APAC Refrigerated Incubators Market Analysis – By Application

8.1 Overview

8.2 APAC 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. APAC Refrigerated Incubators Market – Country Analysis

9.1 APAC Refrigerated Incubators Market Revenue and Forecasts To 2028

9.1.1 Overview

9.1.2 APAC: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Country (%)

9.1.2.1 Japan: Refrigerated Incubators Market Revenue and Forecasts to 2028 (US$ Million)

9.1.2.1.1 Overview

9.1.2.1.2 Japan: Refrigerated Incubators Market Revenue and Forecasts to 2028 (US$ Million)

9.1.2.1.3 Japan: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Type (US$ Million)

9.1.2.1.4 Japan: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Application (US$ Million)

9.1.2.2 China: Refrigerated Incubators Market Revenue and Forecasts to 2028 (US$ Million)

9.1.2.2.1 Overview

9.1.2.2.2 China: Refrigerated Incubators Market Revenue and Forecasts to 2028 (US$ Million)

9.1.2.2.3 China: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Type (US$ Million)

9.1.2.2.4 China: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Application (US$ Million)

9.1.2.3 India Refrigerated Incubators Market Revenue and Forecasts to 2028 (US$ Million)

9.1.2.3.1 Overview

9.1.2.3.2 India: Refrigerated Incubators Market Revenue and Forecasts to 2028 (US$ Million)

9.1.2.3.3 India: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Type (US$ Million)

9.1.2.3.4 India: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Application (US$ Million)

9.1.2.4 South Korea: Refrigerated Incubators Market Revenue and Forecasts to 2028 (US$ Million)

9.1.2.4.1 Overview

9.1.2.4.2 South Korea: Refrigerated Incubators Market Revenue and Forecasts to 2028 (US$ Million)

9.1.2.4.3 South Korea: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Type (US$ Million)

9.1.2.4.4 South Korea: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Application (US$ Million)

9.1.2.5 Australia: Refrigerated Incubators Market Revenue and Forecasts to 2028 (US$ Million)

9.1.2.5.1 Overview

9.1.2.5.2 Australia: Refrigerated Incubators Market Revenue and Forecasts to 2028 (US$ Million)

9.1.2.5.3 Australia: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Type (US$ Million)

9.1.2.5.4 Australia: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Application (US$ Million)

9.1.2.6 Rest of APAC: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.6.1 Overview

9.1.2.6.2 Rest of APAC: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

9.1.2.6.3 Rest of APAC: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Type (US$ Million)

9.1.2.6.4 Rest of APAC: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Application (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 Sheldon Manufacturing, 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 LEEC Ltd.

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 Memmert GmbH + Co. KG

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 Gilson Inc.

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

12. Appendix

12.1 About The Insight Partners

12.2 Glossary of Terms

LIST OF TABLES

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

Table 2. Japan: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Type (US$ Million)

Table 3. Japan: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Application (US$ Million)

Table 4. China: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Type (US$ Million)

Table 5. China: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Application (US$ Million)

Table 6. India: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Type (US$ Million)

Table 7. India: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Application (US$ Million)

Table 8. South Korea: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Type (US$ Million)

Table 9. South Korea: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Application (US$ Million)

Table 10. Australia: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Type (US$ Million)

Table 11. Australia: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Application (US$ Million)

Table 12. Rest of APAC: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Type (US$ Million)

Table 13. Rest of APAC: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Application (US$ Million)

Table 14. Organic Developments Done by Companies

Table 15. Inorganic Developments Done by Companies

Table 16. Glossary of Terms

LIST OF FIGURES

Figure 1. APAC Refrigerated Incubators Market Segmentation

Figure 2. APAC Refrigerated Incubators Market, By Country

Figure 3. APAC Refrigerated Incubators Market Overview

Figure 4. APAC Refrigerated Incubators Market, By Type

Figure 5. APAC Refrigerated Incubators Market, By Country

Figure 6. APAC: PEST Analysis

Figure 7. Experts Opinion

Figure 8. APAC Refrigerated Incubators Market Impact Analysis of Driver and Restraints

Figure 9. APAC Refrigerated Incubators Market, Revenue and Forecast, 2019–2028

Figure 10. APAC Refrigerated Incubators Market Revenue Share, by Type (2021 and 2028)

Figure 11. APAC Below 50L: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

Figure 12. APAC 51-200L: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

Figure 13. APAC 201-750L: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

Figure 14. APAC 751-1500L: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

Figure 15. APAC Above 1501L: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

Figure 16. APAC Refrigerated Incubators Market Share, by Application, 2021 and 2028 (%)

Figure 17. APAC Hospitals, Research & Diagnostic Laboratories: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

Figure 18. APAC Pharmaceutical, Cosmeceutical, and Biotechnology Companies: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

Figure 19. APAC Research & Academic Institutes: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

Figure 20. APAC Others: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

Figure 21. APAC Refrigerated Incubators Market Overview, by Country (2021)

Figure 22. APAC: Refrigerated Incubators Market Revenue and Forecasts to 2028, By Country (%)

Figure 23. Japan: Refrigerated Incubators Market Revenue and Forecasts to 2028 (US$ Million)

Figure 24. China: Refrigerated Incubators Market Revenue and Forecasts to 2028 (US$ Million)

Figure 25. India: Refrigerated Incubators Market Revenue and Forecasts to 2028 (US$ Million)

Figure 26. South Korea: Refrigerated Incubators Market Revenue and Forecasts to 2028 (US$ Million)

Figure 27. Australia: Refrigerated Incubators Market Revenue and Forecasts to 2028 (US$ Million)

Figure 28. Rest of APAC: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC refrigerated incubators market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in the APAC refrigerated incubators market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the refrigerated incubators market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

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