Europe 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: Europe Refrigerated Incubators Market
SKU: Medical Device
Rating: 4.8 (21 reviews)

The Europe refrigerated incubators market is expected to grow from US$ 153.74 million in 2021 to US$ 214.30 million by 2028; it is estimated to grow at a CAGR of 4.9% from 2021 to 2028.

In medical & food research, working with microorganisms plays a vital role. Moreover, efficiently producing and multiplying microorganisms requires a stable incubation phase. The advent of technology has established a drastic shift toward the usage of advanced technology-based equipment focusing on energy-efficient consumption compared to traditional cooling incubators. As cooling incubators reduce energy consumption and minimize uneven temperature distribution, these are highly adopted at research laboratories, pharmaceutical, and biotechnology centers. Moreover, several top players, including Thermo Fischer Scientific and BINDER, launched innovative refrigerated incubators in the market. For instance, BINDER's refrigerated incubator product uses a compression-refrigeration unit, ensuring a constant temperature. These refrigerated incubators work with a special conventional technology ensuring a stable climate inside the incubator chamber. Additionally, Thermo Fischer Scientific's "Heratherm" refrigerated incubator operates on a specific technology known as Peltier technology, that saves energy. By introducing such advanced technologies and efficient features, the Heratherm refrigerated incubators utilize less than 84% energy compared to traditional compressor-based models. With the growth of the field of biology through the involvement of pharmaceutical, zoology, microbiology, genetics, and ecology, the requirement for advanced technology-based refrigerated incubators has increased. Therefore, the rise in research and development activities by top market players for introducing cost-effective and sophisticated refrigerated incubators have resulted in a high acceptance and adoption of refrigerated incubators. Such aforementioned factors highly support the adoption of technology-based refrigerated incubators, which drives the refrigerated incubators market growth in Europe.

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

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

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Europe Refrigerated Incubators Market Segmentation

The Europe refrigerated incubators market is segmented based on type, application, and country. Based on type, Europe 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, Europe 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 Europe refrigerated incubators market has been segmented into the UK, Spain, France, Germany, Italy, and rest of Europe.

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 Europe 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 Europe Refrigerated Incubators Market – By Type

1.3.2 Europe Refrigerated Incubators Market – By Application

1.3.3 Europe Refrigerated Incubators Market – By Country

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Refrigerated Incubators Market – Market Landscape

4.1 Overview

4.2 Europe PEST Analysis

4.3 Experts Opinion

5. Europe Refrigerated Incubators Market– Key Market Dynamics

5.1 Market Drivers

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

5.1.2 Surging Technological Advancements in Refrigerated Incubators

5.2 Market Restraints

5.2.1 Presence 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 Energy Efficient and Innovative Designs of Refrigerated Incubators

5.5 Impact Analysis

6. Refrigerated Incubators Market– Europe Analysis

6.1 Europe Refrigerated Incubators Market Revenue Forecast and Analysis

7. Europe Refrigerated Incubators Market Analysis – By Type

7.1 Overview

7.2 Europe 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. Europe Refrigerated Incubators Market Analysis – By Application

8.1 Overview

8.2 Europe 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. Europe Refrigerated Incubators Market – Country Analysis

9.1 Europe: Refrigerated Incubators Market

9.1.1 Overview

9.1.3 Europe: Refrigerated Incubators Market, Revenue and Forecasts to 2028, By Country (%)

9.1.3.1 Germany: Refrigerated Incubators Market - Revenue and Forecasts to 2028 (US$ Million)

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

9.1.3.1.2 Germany: Refrigerated Incubators Market- Revenue and Forecasts to 2028, By Type (US$ Million)

9.1.3.1.3 Germany: Refrigerated Incubators Market- Revenue and Forecasts to 2028, By Application (US$ Million)

9.1.3.2 France: Refrigerated Incubators Market Revenue and Forecasts to 2028 (US$ Million)

9.1.3.2.1 France: Refrigerated Incubators Market - Revenue and Forecast to 2028 (US$ Million)

9.1.3.2.2 France: Refrigerated Incubators Market- Revenue and Forecasts to 2028, By Type (US$ Million)

9.1.3.2.3 France: Refrigerated Incubators Market- Revenue and Forecasts to 2028, By Application (US$ Million)

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

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

9.1.3.3.2 UK: Refrigerated Incubators Market- Revenue and Forecasts to 2028, By Type (US$ Million)

9.1.3.3.3 UK: Refrigerated Incubators Market- Revenue and Forecasts to 2028, By Application (US$ Million)

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

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

9.1.3.4.2 Italy: Refrigerated Incubators Market- Revenue and Forecasts to 2028, By Type (US$ Million)

9.1.3.4.3 Italy: Refrigerated Incubators Market- Revenue and Forecasts to 2028, By Application (US$ Million)

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

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

9.1.3.5.2 Spain: Refrigerated Incubators Market- Revenue and Forecasts to 2028, By Type (US$ Million)

9.1.3.5.3 Spain: Refrigerated Incubators Market- Revenue and Forecasts to 2028, By Application (US$ Million)

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

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

9.1.3.6.2 Rest of Europe: Refrigerated Incubators Market- Revenue and Forecasts to 2028, By Type (US$ Million)

9.1.3.6.3 Rest of Europe: Product Type 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. Europe Refrigerated Incubators Market, Revenue and Forecast, 2019–2028 (US$ Mn)

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

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

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

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

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

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

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

Table 9. Italy Refrigerated Incubators Market- Revenue and Forecasts to 2028, By Application (US$ Million)

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

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

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

Table 13. Rest of Europe Product Type 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. Europe Refrigerated Incubators Market Segmentation

Figure 2. Europe Refrigerated Incubators Market, By Country

Figure 3. Europe Refrigerated Incubators Market Overview

Figure 4. Europe Refrigerated Incubators Market, By Type

Figure 5. Europe Refrigerated Incubators Market, By Country

Figure 6. Europe: PEST Analysis

Figure 7. Experts Opinion

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

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

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

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

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

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

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

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

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

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

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

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

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

Figure 21. Europe: Refrigerated Incubators Market, Revenue Overview, by Country, 2021 (US$ Million)

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

Figure 23. Germany Refrigerated Incubators Market - Revenue and Forecast to 2028 (US$ Million)

Figure 24. France: Refrigerated Incubators Market - Revenue and Forecast to 2028 (US$ Million)

Figure 25. UK: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26. Italy: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27. Spain: Refrigerated Incubators Market – Revenue and Forecast to 2028 (US$ Million)

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

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Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the refrigerated incubators market, as well as those hindering it
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