Market Overview

Global Laboratory Temperature Control Products Market 2018-2022 | Demand for Quality Control to Drive Growth | Technavio

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The global laboratory temperature control products market 2018-2022 is
expected to post a CAGR of more than 5% during the forecast period,
according to the latest market research report by Technavio.

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Technavio has published a new market research report on the global laboratory temperature control pr ...

Technavio has published a new market research report on the global laboratory temperature control products market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the increased demand
for quality control. Increased quality of products raises the reputation
of companies, thereby leading to a larger consumer base. Laboratories
design techniques to detect, reduce and correct deficiencies in the
internal analytical processes to improve the quality of the results
reported by laboratories.

This market research report on the global
laboratory temperature control products market 2018-2022
also
provides an analysis of the most important trends expected to impact the
market outlook during the forecast period. Technavio classifies an
emerging trend as a major factor that has the potential to significantly
impact the market and contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the increased customization of
temperature control products as one of the key emerging trends in the
global laboratory temperature control products market:

Global laboratory temperature control products
market: Increased customization of temperature control products

The growing number of applications for temperature control products
increases the demand for customization and versatility of these
products. For instance, vendors customize products with a range of
scope, which includes temperature control devices, temperature display,
material of construction, and lid type based upon the requirement of
customers.

"Incubators such as CO2 incubators have applications in IVF centers and
applications that need hypoxic conditions. This equipment has a separate
incubator chamber and airflow unit, thereby making it easy to maintain
and replace. These incubators create hypoxic environment and are
relatively cheaper than conventional CO2 incubators," says a senior
market research analyst at Technavio.

Global laboratory temperature control products
market: Segmentation analysis

This market research report segments the global laboratory temperature
control products market by product (incubators, baths, circulators, and
chillers) and geographical regions (APAC, EMEA, and the Americas).

The Americas led the market in 2017 with a market share of close to 42%,
followed by APAC and EMEA respectively. The region is expected to
continue to dominate the market throughout the forecast period, and the
APAC region is the fastest growing region in the global market.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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