PUBLISHER: Meticulous Research | PRODUCT CODE: 1518374
PUBLISHER: Meticulous Research | PRODUCT CODE: 1518374
Laboratory Mixers Market Size, Share, Forecast, & Trends Analysis by Type (Vortex Mixer, Magnetic Stirrer, Overhead Stirrer Tube Roller, Orbital Shaker), Platform (Digital, Analog), Application (Academic & Research, Pharmaceutical)-Global Forecast to 2030
The global laboratory mixers market is expected to reach $2.8 billion by 2030 at a CAGR of 4.1% from 2023 to 2030.
Succeeding extensive secondary and primary research and in-depth analysis of the laboratory mixers market scenario, the report comprises the analysis of key industry drivers, restraints, challenges, and opportunities. The growth of this market is attributed to several factors, including increasing funding and investment in the pharmaceutical, biotechnology, and life science industries for fostering innovations; funding to support R&D innovations in lab mixers; rising prevalence of chronic diseases emphasizing the need for developing novel therapies; and expansion of diagnostic and pathology laboratories enhancing clinical capabilities. However, the high cost of digital mixers is restraining the market. Emerging markets and the development of bioclusters for R&D are creating opportunities for key players in the market.
The report offers a competitive landscape based on an extensive assessment of the product portfolio offerings, geographic presences, and key strategic developments adopted by leading market players in the industry over four years (2020-2024). The key players operating in the global laboratory mixers market are Thermo Fisher Scientific Inc. (U.S.), Eppendorf SE (Germany), Bio-Rad Laboratories, Inc. (U.S.), IKA-Werke (Germany), Benchmark Scientific Inc. (U.S.), Cole-Parmer Instrument Company (U.S.), Silverson Machines Ltd. (U.K.), Corning Inc. (U.S.), REMI GROUP (India), Heidolph Instruments GmbH & Co. KG (Germany), Scientific Industries, Inc. (U.S.), and Labstac LLC (U.S.).
Among all the types studied in this report, the laboratory mixers market is segmented into vortex mixers, magnetic stirrers, overhead stirrers, shakers, and accessories. The shakers segment is divided into orbital, rockers, tube rollers, and other shakers. In 2023, the orbital shakers segment is expected to account for the largest share of the laboratory shakers market. Shakers reduce the risk of contamination, improved efficiency, and uniform distribution of samples. Shakers keep sample material intact, improving accuracy, efficiency, and productivity in a laboratory setting, owing to which laboratory shakers are routinely used.
Among all the platforms studied in this report, the global laboratory mixers market is segmented into digital and analog devices. The digital devices segment is expected to grow at the highest CAGR during the forecast period. The adoption of digital devices is increasing for various laboratory applications owing to their accuracy and precision. Digital devices provide control over the speed and temperature easily, thus preferred over analog devices.
Based on end user, the global laboratory mixers market is segmented into academic & research institutes, pharmaceutical industries, environmental testing laboratories, food testing laboratories, diagnostic & pathology laboratories, and other end users. In 2023, the research institutes segment is expected to account for the largest share of the market. Significant investments in research and development (R&D) activities, rising number of research laboratories, large budget allocations for R&D and manufacturing, and growth in research laboratories globally are contributing to the largest share of the segment.
This research report analyzes major geographies and provides a comprehensive analysis of North America (U.S. and Canada), Europe (Germany, France, U.K., Italy, Spain, and the Rest of Europe), Asia-Pacific (China, Japan, India, and the Rest of Asia-Pacific), Latin America (Brazil, Mexico, and the Rest of Latin America), and the Middle East & Africa.
Among all regions studied in this report, in 2023, North America is expected to account for the largest share of the laboratory mixer market. The presence of key players, well-established laboratories, and the pharmaceutical industry, high R&D expenditure, high prevalence of chronic diseases, and availability of funding for academic & research institutes are contributing to the largest share of the region.
Laboratory Mixers Market Assessment, by Type
Note: Other shakers consist of sieves and hand-motion shakers.
Laboratory Mixers Market Assessment, by Platform
Laboratory Mixers Market Assessment, by End User
Note: Other end users consist of oil & gas and forensics.
Laboratory Mixers Market Assessment, by Geography