Global Water Bath Market Market, Opportunities, Size, Share, Revenue, Competitive Analysis, Demand and Growth by 2024

(IT-NEWSWIRE.COM, July 09, 2019 ) The latest report by IMARC Group, titled “Water Bath Market Research Report and Forecast 2019-2024”, finds that the global water bath market size reached US$ 143.8 Million in 2018. A water bath is a type of scientific equipment which is used for incubating sensitive samples that cannot be ignited or kept in direct dry heat; performing chemical reactions at high temperature; melting substrates; and warming reagents. It consists of a heating unit, control interface and stainless-steel chamber to hold water and the samples. Nowadays, there are different types of water baths available in the market with either digital or analog interface for temperature regulation. These water baths also have additional functionality, such as the ability to maintain a uniform temperature and to keep the samples in motion while they are being heated.

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Market Trends:

The leading manufacturers are introducing water baths with digital displays, low-level water sensors, integral drains and chambers that allow full visibility of the bath contents. These features provide ease and convenience in research and development (R&D) activities and conducting tests and experiments. In addition, many product development companies have designed water baths with advanced features which, in turn, is creating a positive impact on market growth. For instance, Thermo Fisher Scientific has launched a microprocessor-controlled water bath that provides superior temperature uniformity for specific applications. It also offers a seamless-stainless steel interior chamber and epoxy-coated exterior which provides resistance against corrosion and chemical damage. Looking forward, the market value is projected to reach US$ 192.7 Million by 2024, exhibiting a CAGR of around 5% during 2019-2024.

Browse full report with detailed TOC and list of figures and tables:https://www.imarcgroup.com/water-bath-market

Market Summary:

Market Breakup by Product Type:

1. Circulating Water Bath
2. Non-Circulating Water Bath
3. Shaking Water Bath

Based on the product type, the report finds that circulating water bath is the most popular product type, accounting for the majority of the global market. Some of the other product types are non-circulating water bath and shaking water bath.

Market Breakup by Distribution Channel:

1. Online
2. Offline

The market has been categorized based on the distribution channel into online and offline retail formats.

Market Breakup by End-User:

1. Chemical
2. Microbiology
3. Food Processing
4. Protein Engineering
5. Others

On the basis of the end user, the chemical industry represents the largest end user, dominating the market. Some of the other end users include microbiology, food processing and protein engineering industries.

Market Breakup by Region:

1. North America
2. Asia Pacific
3. Europe
4. Middle East and Africa
5. Latin America

Region-wise, North America exhibits a clear dominance in the global water bath market. Other major regions include Asia Pacific, Europe, Middle East and Africa, and Latin America.

Competitive Landscape:

The competitive landscape of the market has also been examined with some of the key players being Thermo Fisher Scientific Inc, Grant Instruments, PolyScience, Julabo Labortechnik, Thomas Scientific, Bel-Art Products, Inc., Boekel Scientific, Edvotek Inc., LAUDA-Brinkmann, LP, Sheldon Manufacturing Inc., etc.

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Global Water Bath Market Market, Opportunities, Size, Share, Revenue, Competitive Analysis, Demand and Growth by 2024