The overall laboratory oven market worldwide is set to grow with a CAGR of 4.6% during the forecast period.
Market Insights
The key factor that drives the growth of laboratory ovens market is the continued modernization of clinical research and improving the healthcare sector. Government organizations across several countries are more investing in healthcare improvers. Thus, this promoting the growth of laboratory oven market worldwide. The ongoing developments in the laboratory equipment are contributing to the growth of laboratory ovens market. The various applications of laboratory ovens in several laboratories, food testing industries, and healthcare applications are propelling the growth of laboratory oven market.
Among the end-users, the global market of laboratory oven market is bifurcated as healthcare, medical research, food testing, agriculture and other. Among these distribution channels, healthcare and medical research hold the significant market share in the laboratory oven market. The two segments collectively contribute to more than 50% of the total market value generated worldwide. The growing demand for accurate and reliable results for the medical testing is rising the adoption laboratory ovens. This is will further escalation the growth of laboratory oven market in the near future.
North America holds the maximum market share in the laboratory oven market followed by Europe. The improved healthcare capabilities are the key factor that drives the growth of North America laboratory ovens market. The U.S. is expected to dominate the North America laboratory ovens market through the forecast period. Additionally, the growing investments in medical research are promoting the growth of the laboratory oven market in this region. Furthermore, Asia Pacific is the fastest-growing region in the laboratory oven market owing to the increased research and development in the healthcare and pharmaceutical sector, increasing investment in research and government support.
The key players in the market include JIM Engineering Ltd, Carbolite Gero Limited, InterFocus Ltd., Agilent Technologies, PHC Corporation, Ted Pella, Inc., Thermo Fisher Scientific Inc., Terra Universal. Inc., SciQuip Ltd, Yamato Scientific America Inc., BMT Medical Technology s.r.o., VWR Lab Products Pvt. LTD. (Avantor) and others.
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Market Insights
The key factor that drives the growth of laboratory ovens market is the continued modernization of clinical research and improving the healthcare sector. Government organizations across several countries are more investing in healthcare improvers. Thus, this promoting the growth of laboratory oven market worldwide. The ongoing developments in the laboratory equipment are contributing to the growth of laboratory ovens market. The various applications of laboratory ovens in several laboratories, food testing industries, and healthcare applications are propelling the growth of laboratory oven market.
Among the end-users, the global market of laboratory oven market is bifurcated as healthcare, medical research, food testing, agriculture and other. Among these distribution channels, healthcare and medical research hold the significant market share in the laboratory oven market. The two segments collectively contribute to more than 50% of the total market value generated worldwide. The growing demand for accurate and reliable results for the medical testing is rising the adoption laboratory ovens. This is will further escalation the growth of laboratory oven market in the near future.
North America holds the maximum market share in the laboratory oven market followed by Europe. The improved healthcare capabilities are the key factor that drives the growth of North America laboratory ovens market. The U.S. is expected to dominate the North America laboratory ovens market through the forecast period. Additionally, the growing investments in medical research are promoting the growth of the laboratory oven market in this region. Furthermore, Asia Pacific is the fastest-growing region in the laboratory oven market owing to the increased research and development in the healthcare and pharmaceutical sector, increasing investment in research and government support.
The key players in the market include JIM Engineering Ltd, Carbolite Gero Limited, InterFocus Ltd., Agilent Technologies, PHC Corporation, Ted Pella, Inc., Thermo Fisher Scientific Inc., Terra Universal. Inc., SciQuip Ltd, Yamato Scientific America Inc., BMT Medical Technology s.r.o., VWR Lab Products Pvt. LTD. (Avantor) and others.
This product will be delivered within 2 business days.
Table of Contents
Chapter 1 Preface
Chapter 2 Executive Summary
Chapter 3 Market Dynamics
Chapter 4 Global Laboratory Ovens Market Analysis, by Type
Chapter 5 Global Laboratory Ovens Market Analysis, By End-User
Chapter 6 North America Laboratory Ovens Market Analysis
Chapter 7 Europe Laboratory Ovens Market Analysis
Chapter 8 Asia Pacific Laboratory Ovens Market Analysis
Chapter 9 Rest of the World (RoW) Laboratory Ovens Market Analysis
Chapter 10 Company Profiles
List of Figures
List of Tables
Companies Mentioned
- JIM Engineering Ltd
- Carbolite Gero Limited
- InterFocus Ltd.
- Agilent Technologies
- PHC Corporation
- Ted Pella, Inc.
- Thermo Fisher Scientific Inc.
- Terra Universal. Inc.
- SciQuip Ltd
- Yamato Scientific America Inc.
- BMT Medical Technology s.r.o.
- VWR Lab Products Pvt. LTD. (Avantor)