The market research report includes a detailed segmentation of the global water bath market by product (circulating water bath, non-circulating water bath and shaking water bath), and by end-users (chemical, microbiology, food processing, protein engineering and others). The report also outlines the market shares of key regions such as the Americas, EMEA, and APAC. The key vendors analyzed in this report are Grant Instruments, Julabo, PolyScience, Sheldon Manufacturing, and Thermo Fisher Scientific.
Technavio’s market research analysts estimate the global water bath market, to grow at a CAGR of 6% between 2016 and 2020. Water baths are laboratory equipment, and their growth is directly proportional to the expansion and increase in the number of research and testing facilities worldwide. The Americas lead the global water bath market, accounting for 38% of the total market share. Much of this region’s growth will come from the increased adoption of bead baths in the US.
The new market research report from Technavio provides a breakdown and analysis of the water bath segments by technology.
“One of the latest trend gaining traction in this market is the emergence of automated water baths, which are both time and cost-effective. Automated water baths can be programmed to execute several functions such as temperature and time control with the supervision of a human. Also, they minimize errors and levels of contamination, hence less human intervention is needed,” says Brahadeesh Chandrasekaran, Lead Analyst, Healthcare & Lifesciences, Technavio Research
The global shaking water bath market is expected to be the fastest-growing segment in the water bath market, growing at a CAGR of 9.5% during the forecast period. The share of shaking water baths will increase in the coming years because of its ability to efficiently mix constituents, which cannot be done by bead baths. The primary applications of shaking water baths are in bacterial culturing, virology, immunology research, and molecular biology. With the constant growth of the microbiology sector, the shaking water bath will boost during the forecast period.
The leading vendors in the global water bath market are Grant Instruments, Julabo, PolyScience, Sheldon Manufacturing, and Thermo Fisher Scientific. These key players occupy the major share in the market with their support centers spread worldwide, allowing them to cater to a larger market efficiently. Intense competition prevails in this market, where the vendors compete on the basis of portfolio, quality, pricing, and product differentiation. Moreover, the vendors are capitalizing on the gaining popularity of online media to develop a competitive edge.
A more detailed analysis is available in the Technavio report, Global Water Bath Market 2016-2020
We can customize reports by other regions and specific segments upon request.
Other related reports:
