PUBLISHER: The Business Research Company | PRODUCT CODE: 1578740
PUBLISHER: The Business Research Company | PRODUCT CODE: 1578740
A laboratory bunsen burner is a widely used piece of laboratory equipment designed to produce a single open gas flame for heating, sterilization, and combustion. It operates by mixing gas (usually methane or propane) with air to create a controlled flame. The burner comprises a metal base, a gas inlet, an adjustable air intake, and a vertical metal tube where the gas and air mix before ignition. The air intake can be adjusted to control the flame's intensity and temperature, making it a versatile tool for various laboratory applications.
The main types of laboratory bunsen burners are electric-powered and gas-fired. Electric-powered Bunsen burners use electricity to generate heat through an electric coil or heating element, offering precise temperature control and a safer, more environmentally friendly alternative to traditional gas burners. The components of these burners include a stand or base, a barrel or chimney, a collar, air holes, a gas valve, and a gas intake. These burners are used in applications across universities, research institutes, and other laboratory settings.
The laboratory bunsen burner market research report is one of a series of new reports from the business research company that provides laboratory bunsen burner market statistics, including laboratory bunsen burner industry global market size, regional shares, competitors with an laboratory bunsen burner market share, detailed laboratory bunsen burner market segments, market trends and opportunities, and any further data you may need to thrive in the laboratory bunsen burner industry. This laboratory bunsen burner market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The laboratory bunsen burner market size has grown strongly in recent years. It will grow from $8.09 billion in 2023 to $8.69 billion in 2024 at a compound annual growth rate (CAGR) of 7.3%. The growth observed during the historic period can be attributed to several factors such as the expansion of academic research, increased industrial research and development, growth in the education sector, rising government funding and initiatives, and enhanced laboratory safety standards.
The laboratory bunsen burner market size is expected to see strong growth in the next few years. It will grow to $11.59 billion in 2028 at a compound annual growth rate (CAGR) of 7.5%. The anticipated growth in the forecast period can be attributed to several factors such as sustained research and development, a growing number of laboratories, increased government initiatives and funding, stricter safety and compliance requirements, expansion of the educational sector, and a heightened focus on sustainability and energy efficiency. Major trends during this period include technological advancements, improved energy efficiency, the use of advanced materials, enhanced adjustable flame control, eco-friendly designs, integration with modern technology, customization options, and increased versatility.
The expansion of investment in pharmaceutical research and development is anticipated to drive the growth of the laboratory bunsen burner market. This increase in investment is primarily due to the rising prevalence of chronic and infectious diseases, which heightens the need for innovative treatments and cures. Furthermore, the demand for targeted therapies and personalized medicine stimulates research activities, supported by government incentives and grants. laboratory bunsen burners play a crucial role in this sector, used for equipment sterilization, chemical reactions, and sample preparation. For example, in June 2023, the European Federation of Pharmaceutical Industries and Associations reported a rise in R&D expenditure from €42,533 million ($46.79 billion) in 2021 to €44,500 million ($48.95 billion) in 2022, an increase of €1,967 million ($2.16 billion). Thus, the growing investment in pharmaceutical research and development is expected to boost the laboratory bunsen burner market.
The growth in educational facilities is projected to enhance the laboratory bunsen burner market. This expansion is driven by increasing student populations, higher birth rates, and rising enrollment rates. Additionally, there is a greater emphasis on improving education quality and accessibility, supported by increased public and private funding, which contributes to the expansion of both schools and higher education institutions. laboratory bunsen burners are essential in these educational settings for heating, sterilizing, and conducting experiments that require a controlled flame. For instance, in March 2024, the Chinese Ministry of Education reported that the number of higher-educational institutions in China increased from 3,013 in 2022 to 3,074 in 2023, reflecting a growth rate of approximately 2%. Consequently, the rise in educational facilities is expected to drive the growth of the laboratory bunsen burner market.
The increasing number of clinical and diagnostic laboratories is likely to propel the laboratory bunsen burner market. These laboratories, which are essential for conducting medical tests on patient samples to diagnose, monitor, and treat diseases, are expanding due to growing global populations and aging demographics. This expansion is also fueled by the increasing demand for healthcare services, diagnostic testing, and an emphasis on preventive care and early diagnosis. laboratory bunsen burners are utilized in these settings for sterilization, sample heating, and performing flame tests to ensure a controlled and sterile environment. For instance, in February 2023, the World Health Organization reported that the number of clinical trials in South East Asia increased from 10,966 in 2021 to 11,030 in 2022. Therefore, the growing number of clinical and diagnostic laboratories is expected to drive the demand for laboratory bunsen burners.
Major companies operating in the laboratory bunsen burner market are Thermo Fisher Scientific Inc., VWR International LLC, Sartorius AG, Integra Biosciences AG, Hach Company, Leica Microsystems GmbH, Kimble Chase Life Science and Research Products LLC, Hanna Instruments Inc, Buchi Labortechnik AG, Cole-Parmer Ltd., Borosil Glass Works Ltd, Labconco Corporation, Eisco Scientific, DURAN Group GmbH, Gerhardt Analytical Systems, Glassco Laboratory Equipment, Asia Scientific Apparatus Co, Kinesis Ltd, Heathrow Scientific LLC, Carl Friedrich Usbeck, Dentalfarm Srl, Labtex Pty Ltd, Labcold Ltd, Myers Associates Inc., Star Labs
Asia-Pacific was the largest region in the laboratory bunsen burner market in 2023. The regions covered in the laboratory bunsen burner market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the laboratory bunsen burner market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The laboratory bunsen burner market consists of sales of standard bunsen burners, micro bunsen burners, dual-channel bunsen burners, adjustable flame bunsen burners, and safety bunsen burners. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Laboratory Bunsen Burner Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on laboratory bunsen burner market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for laboratory bunsen burner ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The laboratory bunsen burner market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
The impact of higher inflation in many countries and the resulting spike in interest rates.
The continued but declining impact of COVID-19 on supply chains and consumption patterns.