Incubator devises market is projected to grow at a considerable CAGR of around 6% during the, forecast period (2019-2025). The increasing number of premature births across the globe is a major factor to drive the incubator devices market during the forecast period. Incubator devices have several applications in medical treatment, genetic engineering, laboratory, biological application, and tissue culture. In the medical treatment, an incubator is used to perform hatching of eggs and to take care of premature babies. In the laboratory incubator devices are used to cultivate and store bacterial cultures.

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The incubator devices market is segmented on the basis of product type, and end-user. Based on product type, the market is segmented into neonatal incubators, microbiological incubators, and others that include hatching incubators, Peltier cooling incubators, and compressor cooled incubator. Based on end-user, the market is segmented into hospitals, diagnostic labs, and others. Hospitals are anticipated to make major contributions towards the growth of the global incubator devices market due to the high use of these devices to take care of premature babies. The segmental growth is attributed to the extensive use of incubator devices for the treatment of premature babies in hospital settings. In addition, hospitals offer enhanced healthcare facilities as compared to other end-users. Additionally, an increasing number of hospitals in emerging economies further contribute to the segmental growth of the market.

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In biology, incubator devices are used to perform cell aeration, food processing, plant and animal studies pharmaceutical studies, biochemical studies, hematological studies, solubility studies, food processing, cell aeration, plant and animal studies, and fermentation studies. The ongoing technological advancements in the manufacturing of the incubator devices are further anticipated to drive the growth of the incubator devices market. The rising innovations and improvement in the hatching centers for more effective and efficient hatching of poultry are also anticipated to promote the growth of the incubator devices market during the forecast period.

The increasing government and private funding in researches related to biotechnology is another key factor to increase the demand for incubator devices which in turn is anticipated propelling the growth of the global incubator devices market. Incubator devices have their application in microbiology laboratories to perform several experiments related to the media cultures such as cell culture and bacteria culture among others. However, stringent government regulations, high cost of these devices, and a huge number of product recalls are among the key factors that are anticipated to promote the growth of the global incubator devices market during the forecast period.

Global Incubator Devices Market – Segmentation
By Application 
Food and Beverages
Chemical
Pharmaceutical
Others
Global Incubator Devices Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles

Andreas Hettich GmbH & Co. KG
Atom Medical Corp.
Benchmark Scientific, Inc.
Binder GmbH
Bionics Scientific Technologies, Ltd.
Boekel Scientific, Inc.
Drägerwerk AG & Co. KGaA
GE Healthcare
Heal Force Bio-meditech Holdings, Ltd.
Memmert GmbH + Co. KG
Natus Medical, Inc.
NuAire, Inc.
Panasonic Healthcare Co., Ltd.
Quincy Lab, Inc.
Scientific Industries, Inc.
Thermo Fisher Scientific, Inc.
ThermoCare, Ltd.
VWR International, Ltd.

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