Laboratory ovens are generally used in most clinical, research and forensic laboratories for high-forced volume thermal convection applications as they provide excellent temperature uniformity. They are used for laboratory work, which includes baking, sample drying, annealing, conditioning, evaporating, dehydrating and sterilising, among others.
In the laboratory ovens market, most of the well-established and growing vendors are offering laboratory ovens of various types in terms of styles and sizes, which have advanced features such as microprocessor, high-temperature and vacuum controls.
Exclusive Offer: 30% Off on Regional Reports
Get a free sample report and customize your regions for a 30% discount on your regional report!
In this report, FMI has segmented the global laboratory ovens market by oven type, by capacity, by end-user and by region. By oven type, the laboratory ovens market is sub-segmented into gravity convection, mechanical convection, vacuum ovens, cleanroom ovens and others. The vacuum ovens sub-segment is surging the growth of the global laboratory ovens market owing to a quantitative increase in the demand for laboratory systems.
In addition, the global adoption of advanced laboratory systems by various research institutions is impelling the growth of the laboratory ovens market worldwide. However, the growth of the mechanical convection sub-segment can be attributed to growth in the number of clinical laboratories across the globe.
It has been observed that the demand for advanced laboratory ovens is increasing rapidly. Owing to these factors, the cleanroom ovens sub-segment is projected to register single-digit market growth and hold the more than 15% market share at the end of 2027 for the global laboratory ovens market across the globe.
Based on capacity, the laboratory ovens market is sub-segmented into small capacity (Under 2 cu. Ft.), standard capacity (2 cu. Ft-6 cu. Ft.) and large capacity (Above 6 cu. Ft.). The emergence of modern healthcare systems is a major factor that promotes the growth of the standard capacity (2 cu. Ft-6 cu. Ft.) sub-segment. Standard capacity (2 cu. Ft-6 cu. Ft.) laboratory ovens are becoming more popular among several laboratories because of their standard storage and heating capacity.
Due to these factors, the standard capacity (2 cu. Ft-6 cu. Ft.) sub-segment is projected to create an incremental opportunity of 109.6 Million between 2018 and 2027. In parallel, the large capacity (Above 6 cu. Ft.) sub-segment is anticipated to create potential revenue opportunities for the vendors of laboratory ovens in the near future due to the increasing number of laboratories and a quantitative increase in the number of medical laboratories across the globe.
By end-user, the global laboratory ovens market is segmented into biosafety laboratories, clinical & medical laboratories, incubator laboratories, production laboratories, research & development (R&D) laboratories and others. The increasing demand for energy-efficient ovens for delicate drying processes, such as drying tiny parts or removing flammable solvents, is encouraging various laboratories, such as research laboratories, clinical laboratories and others, to adopt laboratory ovens.
Owing to these factors, the clinical and medical laboratories sub-segment of the global laboratory ovens market is projected to register a market share of more than 20.0% at the end of 2018. In addition, the healthcare industry is witnessing advanced innovations and technological developments. Due to these factors, the clinical and medical laboratories sub-segment is supporting the growth of global laboratory ovens market.
On the basis of geography, the North America laboratory ovens market is expected to dominate the global laboratory ovens market due to the presence of a large number of manufacturers of laboratory ovens in the region. The provision of enhanced healthcare capabilities by the USA government is expected to propel the laboratory ovens market in North America. Moreover, the region has witnessed the widespread deployment of advanced laboratory systems in the past couple of years. These factors are fuelling the growth of the laboratory ovens market in North America.
The laboratory ovens market has high potential in India and China owing to major government policy-driven initiatives to stimulate biological science R&D against the backdrop of the growing need for the innovations. Furthermore, the APAC region is expected to exhibit the highest growth rate during the forecast period for the global laboratory ovens market owing to the increasing establishment of advanced laboratories in the region.
The APEJ laboratory ovens market is expected to be target market for laboratory ovens market participants. The Latin America laboratory ovens market is estimated to grow at a moderate CAGR over the forecast period of laboratory ovens market.
According to FMI analysis, long-term contracts with business partners help increase revenue and new innovation strategies enable laboratory ovens vendors to reach new growth markets. Some of the market participants featured in the global laboratory ovens market report are InterFocus Ltd., Carbolite Gero Limited, JIM Engineering Ltd, SciQuip, Terra Universal. Inc., Thermo Fisher Scientific, Ted Pella, Inc., BINDER GmbH, BMT Medical Technology s.r.o., Agilent Technologies, Panasonic Biomedical, VWR (Avantor), Yamato Scientific America Inc. and Sheldon Manufacturing, Inc.
The laboratory ovens market is likely to accumulate a CAGR of 4.4% during the forecast period.
Increasing demand for delicate drying processes, is encouraging various laboratories to adopt laboratory ovens.
The laboratory ovens market size is USD 534.81 Million.
Terra Universal. Inc., Thermo Fisher Scientific, Ted Pella, Inc., BMT Medical Technology s.r.o., Agilent Technologies, etc.
Estimated Size, 2025 | USD 1,516.5 million |
---|---|
Projected Size, 2035 | USD 2,470.2 million |
Value-based CAGR (2025 to 2035) | 5% |
Estimated Size, 2025 | USD 380.7 million |
---|---|
Projected Size, 2035 | USD 632.1 million |
Value-based CAGR (2025 to 2035) | 5.2% |
Explore Laboratory Equipment & Apparatus Insights
View ReportsThank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.