Platelet Incubator Market - by Product (floor-standing platelet incubator and bench-top platelet incubator), End-user (Academic and Research Institutes, Hospitals, and Blood Banks): Global Industry Perspective, Comprehensive Analysis and Forecast, 2020 – 2026

According to the report published by Zion Market Research, global demand for Platelet Incubator market was valued at approximately USD 350 Million in 2019, and is expected to generate revenue of around USD 543 Million by end of 2026, growing at a CAGR of around 5.5% between 2020 and 2026.

25-Sep-2020 | Number of pages: 110 | Report Code: ZMR-3770 | Report Format : | Status : Published

Abstract

According to the report published by Zion Market Research, global demand for Platelet Incubator market was valued at approximately USD 350 Million in 2019, and is expected to generate revenue of around USD 543 Million by end of 2026, growing at a CAGR of around 5.5% between 2020 and 2026.

Global Platelet Incubator Market: Overview

Platelet incubators are used to create an environment that has a continually maintained temperature for the preservation of platelets. The advanced and recent platelet incubators are equipped along with a pre-built chart recorder, which also comprises of monitoring system as well as integrated regulation for the storage of platelets at the desired temperature. Incubators are protected with safe powder coating of the microorganism and equipped with temperature glass doorways with an appealing seal in order to ensure well-being. Platelet incubators are widely adopted across the globe owing to increasing chronic diseases treatment worldwide. 

Global Platelet Incubator Market: Growth Factors

Increasing treatment of chronic diseases across the globe including leukemia which is responsible for the sudden decrease of platelets count is major factor driving growth of the global platelet incubator market. In addition to this, rising adoption of improved platelet incubators, coupled with growing awareness about the importance of platelet transfusion among the individuals worldwide are among the factors expected to augment target market growth in the near future. Further, increasing incidences associated with platelet-related disorders is another factor anticipated to propel growth of this industry in the coming years. However, stringent government regulations for laboratory equipment manufacturing may hinder growth of the global market during the forecast period.

Global Platelet Incubator Market: Segmentation

The platelet incubator market is segmented based on product and end-user. By product type, the market is divided into floor-standing platelet incubator and bench-top platelet incubator. On the basis of end-user, the platelet incubator market includes academic and research institutes, hospitals, and blood banks. The blood banks segment is anticipated to witness the maximum CAGR in the upcoming years.

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Platelet Incubator Market: Regional Analysis

The North America platelet incubator market is projected to hold the largest share globally in the future, owing to the increased platelet transfusion rate, along with high healthcare budget and increased platelet transfusion rate in the countries of North America. Further, presence of major players and growing in the awareness about importance of platelet transfusion among individuals is expected to fuel growth of the market in the Europe. The Asia Pacific platelet incubator market is anticipated to grow at a rapid rate in the years ahead, increasing demand for advanced platelet incubator in China and India of the region.

Global Platelet Incubator Market: Competitive Players

Some main participants of the platelet incubator market are Nuve Sanayi Malzemeleri Imalat, Terumo Corporation, Meditech Technologies, Electrical Equipment, Helmer Scientific, SARSTEDT AG, Biolab Scientific, BIOBASE, Tic. Inc., Boekel Scientific, among others.

Platelet Incubator Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Frequently Asked Questions

Increase in the geriatric population, rising treatment of chronic diseases, increasing incidences related to platelet-related disorders, and rising awareness about the importance of platelet transfusion among global population are some among the major factors driving growth of the global Platelet Incubator Market.

According to Zion Market Research, global demand for Platelet Incubator market is expected to generate revenue of around USD 543 Million by end of 2026, growing at a CAGR of around 5.5% between 2020 and 2026.

The North American platelet incubator market is projected to hold the largest share globally in the future. Growing awareness, rising advanced technology adoption, and increasing treatment of chronic diseases in the region is expected to propel the demand.

Some main participants of the platelet incubator market are Nuve Sanayi Malzemeleri Imalat, Terumo Corporation, Meditech Technologies, Electrical Equipment, Helmer Scientific, SARSTEDT AG, Biolab Scientific, BIOBASE, Tic. Inc., Boekel Scientific, among others.


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