Platelet incubators are used for creation of an environment, which has constantly controlled temperature for storage of platelets. The modern day platelet incubators are specifically designed with a pre-built chart recorder. It also has an advanced regulatory and monitoring system for platelet storage at certain temperatures. These platelet incubators have powder coatings that are bacteria resistant. They are also equipped with multiple temperature glass doors which have magnetic seal with an objective to ensure safety. The popularity and demand of the global platelet incubator market can be primarily attributed to the rising prevalence of chronic diseases and treatment of the same.
One of the key growth factor helping the global platelet incubators market is the rise in the treatment of chronic disorders such as leukemia, which involves a sudden decrease or increase in the count of platelets or lead to formation of dysfunctional platelets in blood of patients. Some other factors that are expected to help the development of the global platelet incubators market is the growing awareness about the importance of transfusion of platelets, increasing prevalence of platelet related disorders, and growing demand for more efficient platelet incubators.
However, strict regulatory frameworks and alternating reimbursement and insurance policies are expected to impede the market development.
Nevertheless, the companies operating the global platelet incubators market, both private as well as public, are now concentrating cutting down the cases of platelet related disorders by setting up storage unites of platelets in several healthcare institutes across the world. Moreover, several organizations are now increasingly investing and funding research institutes for finding innovative technologies which can help in the manufacturing of more efficient storage systems of highly effective platelet incubators. This is also expected to help in the overall development of the global market in the coming years of the forecast period.
Platelet Incubator Market - Snapshot
Platelet incubators offer an environment with continuously controlled temperature for storage of platelets. New generation platelet incubators are specifically designed with an advanced monitoring system and a built-in chart recorder to store platelets at the desired temperature. Incubators are covered with a bacteria-resistant powder coating and equipped with temperature glass doors having a magnetic seal in order to ensure safety. The platelet incubator has gained popularity, as it helps provide accurate and stable storage conditions for platelets, as compared to normal incubators. Rise in platelet-related disorders among the geriatric population is likely to drive the global platelet incubator market in the near future.
The global platelet incubator market is characterized by increase in incidence of chronic disease-induced thrombocytopenia across the world. The market is expanding at a steady pace due to technological advancements supported by government funding and initiatives. The global platelet incubator market is projected to expand at a steady pace from 2018 to 2026.
Increase in the geriatric population, which is prone to platelet-related disorder, large patient base in developing countries demanding platelet transfusion, and investments by public and private market players in R&D on platelet incubator to ensure the quality preservation of platelet under controlled temperature are key factors that are likely to drive the global platelet incubator market. However, lengthy regulatory approval procedure, significant investment required in innovation of platelet incubator, and lack of awareness about importance of platelet transfusion in the treatment of diseases that induce thrombocytopenia are likely to restrain the global market during the forecast period. Platelet incubators are gaining popularity among health care professionals, as these have proven to be effective in maintaining stable storage temperature of platelet. Investment in innovation in platelet incubator and partnerships for co-development and commercialization of platelet incubator are expected to fuel the global platelet incubator market in the near future.
In terms of product, the global platelet incubator market has been classified into bench-top platelet incubator and floor-standing platelet incubator. The bench-top platelet incubator segment is projected to dominate the market during the forecast period. Expansion of the segment can be attributed to the increase in usage of platelet incubator for platelet storage and supply, as the bench-top incubator occupies less space and is a cost-effective option as compared to the floor-standing platelet incubator. Bench-top platelet incubators are highly preferred for academic and research institutes and small blood collection centers. Moreover, the presence of key companies, such as Helmer Scientific, engaged in research & development and manufacture of innovative platelet incubators boosts the global market. Furthermore, initiatives taken by public and private organizations are aimed at installing new generation platelet incubators in blood banks and hospitals in order to provide better healthcare facilities and patient care. The relatively stable growth rate of the segment can be ascribed to the high replacement rate and stringent regulation for manufacturing and approval. The floor-standing platelet incubator segment is anticipated to expand at an above average growth rate during the forecast period despite the predominant use of bench-top platelet incubator by end-users. Floor-standing incubators are predominantly employed in large blood banks and hospitals. Preference for floor-standing platelet incubator has increased among end-users, as more number of platelet bags can be stored in floor-standing incubators as they have larger capacity as compared to bench-top platelet incubators. Moreover, floor-standing platelet incubators are designed with enhanced features, such as audio and visual alarms, chart recorders, and digital temperature displays to offer an environment with controlled and stable temperature.
Based on end-user, the global platelet incubator market has been classified into blood banks, hospitals, academic & research institutes, and others. The blood banks segment is expected to dominate the global platelet incubator market during the forecast period. In terms of region, the global platelet incubator market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America accounted for a major share of the global platelet incubator market in 2017. Europe was another major market for platelet incubator in 2017. Developed health care infrastructure, high rate of adoption of technologies, and relatively high paying capacity of patients in North America and Europe, as compared to developing countries, provide assured business growth to new market entrants, which contributed to the high market share held these two regions. Considerable expansion of the biomedical industry in India and China and investments made by global companies in Asia Pacific for establishment of sales subsidiaries in order to provide support and services to customers and to attract new potential customers are expected to propel the platelet incubator market in Asia Pacific.
Major players operating in the global platelet incubator market include Helmer Scientific, Boekel Scientific, SARSTEDT AG & Co. KG, Lmb Technologie GmbH, LABCOLD, EMSA? Electrical Equipment San. and Tic. Inc., Meditech Technologies India Private Limited, Biolab Scientific, BIOBASE, Nuve Sanayi Malzemeleri Imalat ve Tic. Inc., and TERUMO CORPORATION.
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary : Global Platelet Incubator Market
4. Market Overview
4.1. Introduction
4.1.1. Product Definition
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Platelet Incubator Market Analysis and Forecast, 2016–2026
4.4.1. Global Platelet Incubator Market Value (US$ Mn) Projections
4.5. Porter’s Five Force Analysis
5. Market Outlook
5.1 Key Distributors
5.2. Major Research Institutes Involved
5.3. Price Analysis
6. Global Platelet Incubator Market Analysis and Forecast, by Product
6.1. Introduction & Definition
6.2. Key Findings / Developments
6.3. Global Platelet Incubator Market Value Forecast, by Product, 2016–2026
6.3.1. Bench-top Platelet Incubator
6.3.2. Floor-standing Platelet Incubator
6.4. Global Platelet Incubator Market Attractiveness, by Product
7. Global Platelet Incubator Market Analysis and Forecast, by End-user
7.1. Introduction & Definition
7.2. Key Findings / Developments
7.3. Global Platelet Incubator Market Value Forecast, by End-user, 2016–2026
7.3.1. Blood Banks
7.3.2. Hospitals
7.3.3. Academic and Research Institute
7.3.4. Others
7.4. Global Platelet Incubator Market Attractiveness, by End-user
8. Global Platelet Incubator Market Analysis and Forecast, by Region
8.1. Key Findings
8.2. Global Platelet Incubator Market Value Forecast, by Region
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Latin America
8.2.5. Middle East & Africa
8.3. Global Platelet Incubator Market Attractiveness, by Region
9. North America Platelet Incubator Market Analysis and Forecast
9.1. Introduction
9.1.1. Key Findings
9.2. North America Platelet Incubator Market Value Forecast, by Product, 2016–2026
9.2.1. Bench-top Platelet Incubator
9.2.2. Floor-standing Platelet Incubator
9.3. North America Platelet Incubator Market Value Forecast, by End-user, 2016–2026
9.3.1. Blood Banks
9.3.2. Hospitals
9.3.3. Academic and Research Institute
9.3.4. Others
9.4. North America Platelet Incubator Market Value Forecast, by Country, 2016–2026
9.4.1. U.S.
9.4.2. Canada
9.5. North America Platelet Incubator Market Attractiveness Analysis
9.5.1. By Product
9.5.2. By End-user
9.5.3. By Country
10. Europe Platelet Incubator Market Analysis and Forecast
10.1. Introduction
10.1.1. Key Findings
10.2. Europe Platelet Incubator Market Value Forecast, by Product, 2016–2026
10.2.1. Bench-top Platelet Incubator
10.2.2. Floor-standing Platelet Incubator
10.3. Europe Platelet Incubator Market Value Forecast, by End-user, 2016–2026
10.3.1. Blood Banks
10.3.2. Hospitals
10.3.3. Academic and Research Institute
10.3.4. Others
10.4. Europe Platelet Incubator Market Value Forecast, by Country/Sub-region, 2016–2026
10.4.1. Germany
10.4.2. U.K.
10.4.3. France
10.4.4. Spain
10.4.5. Italy
10.4.6. Rest of Europe
10.5. Europe Platelet Incubator Market Attractiveness Analysis
10.5.1. By Product
10.5.2. By End-user
10.5.3. By Country/Sub-region
11. Asia Pacific Platelet Incubator Market Analysis and Forecast
11.1.Introduction
11.1.1. Key Findings
11.2. Asia Pacific Platelet Incubator Market Value Forecast, by Product, 2016–2026
11.2.1. Bench-top Platelet Incubator
11.2.2. Floor-standing Platelet Incubator
11.3. Asia Pacific Platelet Incubator Market Value Forecast, by End-user, 2016–2026
11.3.1. Blood Banks
11.3.2. Hospitals
11.3.3. Academic and Research Institute
11.3.4. Others
11.4. Asia Pacific Platelet Incubator Market Value Forecast, by Country/Sub-region, 2016–2026
11.4.1. China
11.4.2. Japan
11.4.3. India
11.4.4. Australia & New Zealand
11.4.5. Rest of Asia Pacific
11.5. Asia Pacific Platelet Incubator Market Attractiveness Analysis
11.5.1. By Product
11.5.2. By End-user
11.5.3. By Country/Sub-region
12. Latin America Platelet Incubator Market Analysis and Forecast
12.1.Introduction
12.1.1. Key Findings
12.2. Latin America Platelet Incubator Market Value Forecast, by Product, 2016–2026
12.2.1. Bench-top Platelet Incubator
12.2.2. Floor-standing Platelet Incubator
12.3. Latin America Platelet Incubator Market Value Forecast, by End-user, 2016–2026
12.3.1. Blood Banks
12.3.2. Hospitals
12.3.3. Academic and Research Institute
12.3.4. Others
12.4. Latin America Platelet Incubator Market Value Forecast, by Country/Sub-region, 2016–2026
12.4.1. Brazil
12.4.2. Mexico
12.4.3. Rest of Latin America
12.5. Latin America Platelet Incubator Market Attractiveness Analysis
12.5.1. By Product
12.5.2. By End-user
12.5.3. By Country/Sub-region
13. Middle East & Africa Platelet Incubator Market Analysis and Forecast
13.1.Introduction
13.1.1. Key Findings
13.2. Middle East & Africa Platelet Incubator Market Value Forecast, by Product, 2016–2026
13.2.1. Bench-top Platelet Incubator
13.2.2. Floor-standing Platelet Incubator
13.3. Middle East & Africa Platelet Incubator Market Value Forecast, by End-user, 2016–2026
13.3.1. Blood Banks
13.3.2. Hospitals
13.3.3. Academic and Research Institute
13.3.4. Others
13.4. Middle East & Africa Platelet Incubator Market Value Forecast, by Country, 2016–2026
13.4.1. GCC Countries
13.4.2. South Africa
13.4.3. Rest of Middle East & Africa
13.5. Middle East & Africa Platelet Incubator Market Attractiveness Analysis
13.5.1. by Product
13.5.2. by End-user
13.5.3. by Country
14. Competition Landscape
14.1. Company Profiles
14.1.1. Helmer Scientific
14.1.1.1. Company Overview (HQ, Business Segments, Employee Strength)
14.1.1.2. Product Portfolio
14.1.1.3. SWOT Analysis
14.1.1.4. Strategic Overview
14.1.2. TERUMO CORPORATION
14.1.2.1. Company Overview (HQ, Business Segments, Employee Strength)
14.1.2.2. Product Portfolio
14.1.2.3. SWOT Analysis
14.1.2.4. Strategic Overview
14.1.2.5. Financial Overview
14.1.3. Boekel Scientific
14.1.3.1. Company Overview (HQ, Business Segments, Employee Strength)
14.1.3.2. Product Portfolio
14.1.3.3. SWOT Analysis
14.1.4. SARSTEDT AG & Co. KG
14.1.4.1. Company Overview (HQ, Business Segments, EmployeeStrength)
14.1.4.2. Product Portfolio
14.1.4.3. SWOT Analysis
14.1.5. Lmb Technologie GmbH
14.1.5.1. Company Overview (HQ, Business Segments, Employee Strength)
14.1.5.2. Product Portfolio
14.1.5.3. SWOT Analysis
14.1.6. LABCOLD
14.1.6.1. Company Overview (HQ, Business Segments, Employee Strength)
14.1.6.2. Product Portfolio
14.1.6.3. SWOT Analysis
14.1.7. EMSA? Electrical Equipment San. and Tic. Inc.
14.1.7.1. Company Overview (HQ, Business Segments, Employee Strength)
14.1.7.2. Product Portfolio
14.1.7.3. SWOT Analysis
14.1.8. Meditech Technologies India Private Limited
14.1.8.1. Company Overview (HQ, Business Segments, Employee Strength)
14.1.8.2. Product Portfolio
14.1.8.3. SWOT Analysis
14.4.9. Biolab Scientific
14.1.9.1. Company Overview (HQ, Business Segments, Employee Strength)
14.1.9.2. Product Portfolio
14.1.9.3. SWOT Analysis
14.1.10. BIOBASE
14.1.10.1. Company Overview (HQ, Business Segments, Employee Strength)
14.1.10.2. Product Portfolio
14.1.10.3. SWOT Analysis
List of Tables
Table 1: Major Research Institutes
Table 2: Price Analysis of Platelet Incubators
Table 3: Key Distributors
Table 4: Global Platelet Incubator Market Value (US$ Mn) Forecast, by Product Type, 2016–2026
Table 5: Global Platelet Incubator Market Value (US$ Mn) Forecast, by End-user, 2016–2026
Table 6: Global Platelet Incubator Market Value (US$ Mn) Forecast, by Region, 2016-2026
Table 7: North America Platelet Incubator Market Value (US$ Mn) Forecast, by Country, 2016–2026
Table 8: North America Platelet Incubator Market Value (US$ Mn) Forecast, by Product, 2016–2026
Table 9: North America Platelet Incubator Market Value (US$ Mn) Forecast, by End-user, 2016–2026
Table 10: Europe Platelet Incubator Market Value (US$ Mn) Forecast, by Country/Sub-region, 2016–2026
Table 11: Europe Platelet Incubator Market Value (US$ Mn) Forecast, by Product, 2016–2026
Table 12: Europe Platelet Incubator Market Value (US$ Mn) Forecast, by End-user, 2016–2026
Table 13: Asia Pacific Platelet Incubator Market Value (US$ Mn) Forecast, by Country/Sub-region, 2016?2026
Table 14: Asia Pacific Platelet Incubator Market Value (US$ Mn) Forecast, by Product, 2016?2026
Table 15: Asia Pacific Platelet Incubator Market value (US$ Mn) Forecast, by End-user, 2016?2026
Table 16: Latin America Platelet Incubator Market Value (US$ Mn) Forecast, by Country/Sub-region, 2016?2026
Table 17: Latin America Platelet Incubator Market Value (US$ Mn) Forecast, by Product, 2016?2026
Table 18: Latin America Platelet Incubator Market Value (US$ Mn) Forecast, by End-user, 2016?2026
Table 19: Middle East & Africa Platelet Incubator Market Value (US$ Mn) Forecast, by Country/Sub-region,
2016–2026
Table 20: Middle East & Africa Platelet Incubator Market Value (US$ Mn) Forecast, by Product, 2016–2026
Table 21: Middle East & Africa Platelet Incubator Market Value (US$ Mn) Forecast, by End-user, 2016–202