Platelet incubators market accounted for a market value of US$ 340.4 Mn in 2017 and projected to grow at a CAGR of 5.2% during the forecast period from 2018 to 2026. Platelet incubators known as the microprocessor-integrated systems created to avail high stability of temperature for platelet concentrates storage. The facility of forced air circulation helps to retain constant temperature throughout the unit; this prevents spoilage of platelet concentrates. The overall application of platelet incubators expected to increase throughout the forecast period due to increasing prevalence of dengue in tropical countries, rising prevalence of hematological diseases that require transfusion of platelets, and rising awareness related to platelet concentrate storage and applications.
"Floor-standing platelet incubator expected to grow significantly throughout the forecast period due to its increasing demand in hospitals & blood banks"
Floor-standing platelet incubators possess more storage space compared to bench-top platelet incubator due to which in facilities such as blood banks and hospitals with number of platelet samples prefer floor-standing platelet incubators. The novel features developed in floor-standing platelet incubators are auto-stop feature which stops the moment door is opened, bacteria-resistant powder coated interior & exterior of incubator, tempered glass doors with key lock, and placement of all controls in one convenient location. Thus, technological development in floor-standing platelet incubators expected to assist the market growth throughout the forecast period. Floor-standing platelet incubators have huge demand in South America, Asia & Africa as the number of patient taking treatment for dengue or other blood-borne diseases are more. Hence, to suffice such huge requirement demand for floor—standing platelet incubators is high.
"Blood banks will maintain its dominance in end-user segment of the platelet incubators market"
Blood banks require large floor-standing platelet incubators as the large number of people donate blood which is stored in blood bank by separating various integral components of blood one of the most common and important being platelets. As large number of platelet samples are stored in blood banks, requirement of number of incubators is also high due to which blood banks dominate the end-user segment in global platelet incubators market.
"North America dominated the overall global market especially due to significant development in the healthcare infrastructure and high awareness related to storage of blood components"
In 2017, North America dominated the market and expected to maintain its dominance throughout the forecast period due to key market drivers such as high awareness related to storage of blood components, developed healthcare infrastructure & facilities, and increasing cases of platelet transfusion treatment in chronic conditions. According to RAND Corporation, in 2013 approximately 14.2 million units of blood were collected in the United States from approximately 15.2 million individuals presenting to donate, 13.2 million units of which transfused. However, according to CDC rate of blood transfusion somehow decreased by 2016 and recently it has exhibited a gradual growth.
-The key market players involved in the platelet incubators industry studied based on financial data, product portfolio, current press releases, and key market strategies. This report also covers attractive investment proposition analyzed based on exclusive geographical PESTEL analysis. Major companies included in the report are Helmer Scientific, Terumo Corporation, Boekel Scientific, Sarstedt AG, EMSAŞ Elektrik Malzemeleri San. ve Tic. A.ş., Lmb Technologie GmbH, Biolab Scientific, and BIOBASE among others.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Platelet Incubators market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
| ATTRIBUTE | DETAILS |
|---|---|
| Research Period | 2022-2032 |
| Base Year | 2023 |
| Forecast Period | 2024-2032 |
| Historical Year | 2022 |
| Unit | USD Million |
| Segmentation | |
Product
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End-user
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report
