The global cell culture incubator market is expected to grow steadily and reach a valuation of US$4,305.1 million by 2033. The market was projected to be valued US$2,315.5 million in 2023, indicating a strong compound yearly growth rate (CAGR) of 6.4%, according to latest market analysis.
Cell culture incubators are necessary in many scientific domains, including biotechnology, cell biology, and pharmaceutical research. These specialized devices offer regulated settings favorable to cell growth and proliferation, thereby facilitating the research and production of cells for a wide range of applications, including tissue engineering, regenerative medicine, and drug discovery.
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A cell culture incubator is a device that keeps bacteria and cell cultures growing inside of a chamber at controlled pH, humidity, temperature, and CO2 concentration. The market expansion for cell culture incubators is being driven by the increasing need and approvals for vaccines based on cell culture. It is anticipated that the target market will expand due to the rising demand for monoclonal antibodies and the rise in the prevalence of chronic illnesses.
A specialized lab tool used for the meticulously regulated development and preservation of cells is a tissue culture incubator. In order to promote the ideal conditions for cell growth and proliferation, it offers a stable environment with regulated temperature, humidity, and gas concentrations.
Market Competition:
The key players of this market include Thermo Fisher Scientific Inc, Memmert GmbH + Co.KG, Binder GmbH, Panasonic, BioIVT, Sheldon Manufacturing, Inc.
- Thermo Fisher Scientific Inc. announced in June 2021 that the company’s Thermo Scientific Cytomat 24 automated incubators and storage systems are combined with the latest technology to aid increased throughput and sample protection. The new Cytomat 24 automated incubators and storage systems from Thermo Fisher Scientific, which will be available in May 2021, provide a large capacity, quick access, and a wide temperature range while minimizing contamination difficulties in high-throughput applications. The new instruments use temperature consistency and stability to assure reproducibility for cell culture applications, while also providing speedy delivery of microtiter plates via an enhanced plate shuttle system, according to a press release issued by Thermo Fisher on May 14, 2021. The system also incorporates an LED touch screen that is installed on the door for easy access and viewing.
- BioIVT released its GMP Grade Human AB Serum tailored for gene therapy manufacturing in January 2022. BioIVT’s GMP-grade human AB serum is manufactured with the same optimized processes and improved regulatory control of source material collection, manufacturing, and processing as its research-use only material. However, it also includes extra viral tests and documentation for hepatitis A (plasma-derived only), hepatitis B core antibody, hepatitis E, and parvovirus B19 (plasma-derived only).
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Key Segments Profiled In The Cell Culture Incubator Industry Survey:
By Type:
- Air-jacketed
- Water-jacketed
- Direct Heat
By Sensor Technology:
- Infra-red
- Thermal Conductivity
By Application:
- For Pharmaceutical Applications
- For Biomedical and Clinical Labs
- For Government Research
- For IVF Processes
- For Other Applications
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
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