Sarasota, FL -- (SBWIRE) -- 01/31/2019 -- Global Platelet Incubator Market: Overview

Platelet incubators are used for creating an environment that has a consistently controlled temperature for storing platelets. The latest platelet incubators are designed with a built-in chart recorder and an advanced monitoring system for storing platelets at specific temperatures. Incubators have a bacteria-resistant powder coating along with being equipped with several temperature glass doors having a magnetic seal in order to ensure safety. The demand and popularity of the platelet incubator market across the globe can be attributed to the growth in the treatment of chronic diseases.

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Global Platelet Incubator Market: Growth Factors

The major growth driver of the global platelet incubator market in the future is the rise in the treatment of chronic diseases, such as leukemia that involves a sudden increase or decrease in the platelets count or dysfunctional platelets in patients' blood. Other factors that are likely to contribute significantly to the platelet incubator market globally in the years ahead include rising awareness about the importance of platelet transfusion, growing incidences related to platelet-related disorders, and increasing demand for improved platelet incubators. Public and private companies are focusing to reduce the cases of platelet-related disorders by installing platelet storage systems in various healthcare settings globally. Furthermore, many organizations are funding different research institutions for promoting innovative technology that can be used to manufacture improved storage systems for enhanced effective platelet incubators. This, in turn, is likely to create new opportunities in the market for platelet incubator globally over the estimated timeframe.

However, alternations made regarding insurance and reimbursement policies for laboratories and strict regulatory frameworks for laboratory equipment manufacturing might hamper the platelet incubator market in the future on a global scale.

Global Platelet Incubator Market: Segmentation

The global platelet incubator market is categorized into product and end-user. On the basis of product, this global market is bifurcated into floor-standing platelet incubator and bench-top platelet incubator. Based on end-user, the platelet incubator market includes academic and research institutes, hospitals, and blood banks. Blood banks are anticipated to dominate the market for platelet incubator globally in the upcoming years.

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Global Platelet Incubator Market: Regional Analysis

By region, this global market is primarily divided into Asia Pacific, North America, the Middle East and Africa, Europe, and Latin America. The North America and European regions held significant shares of the global platelet incubator market in the year 2018. This can be attributed to the high healthcare budget and increased platelet transfusion rate. The factors that are likely drive these regional markets in the future include the rise in the treatment of chronic diseases, such as leukemia that involves a sudden increase or decrease in the platelets count or dysfunctional platelets in patients' blood, rise in the awareness about importance of platelet transfusion, and the presence of major players in these regions. Asia Pacific is anticipated to grow significantly in the platelet incubator market over the estimated time period. This can be attributed to the increasing geriatric population, growing demand for improved platelet incubators, and rising incidences related to platelet-related disorders across the region.

Global Platelet Incubator Market: Competitive Players

Some most important market players of the platelet incubator market are Terumo Corporation, Biolab Scientific, Nuve Sanayi Malzemeleri Imalat, Meditech Technologies, BIOBASE, Tic. Inc., Electrical Equipment, Boekel Scientific, Helmer Scientific, and SARSTEDT AG, among others.

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Global Platelet Incubator Market: Regional Segment Analysis

North America
The U.S.
Europe
The UK
France
Germany
The Asia Pacific
China
Japan