A recent report published by Infinium Global Research on laboratory mixer market provides an in-depth analysis of segments and sub-segments in the global as well as regional laboratory mixer market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional laboratory mixer market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global laboratory mixer market. According to the report, the global laboratory mixer market is projected to grow at a CAGR of 4.1% over the forecast period of 2019-2025.
Laboratory mixers are used to homologous mixing of solutions, typically up to 350 liters. A lab mixer is also used for the mixing of viscous solutions having viscosities up to 150,000 cps, which depend on rotors torque and speed of the mixer. Most of the laboratory mixer comes with analog, digital and RS232 compatible that enables easy data collection from the instrument.
Increasing research and developing activities across the globe is one of the major factors contributing to the growth of the market. Rising funding to research institutes from government and private organizations is fuelling the rate of expansion of research organizations throughout the globe. Moreover, increasing pharmaceutical and biotech industries are escalating the demand for large capacity mixers. To fulfill the growing requirement of the healthcare sector number of pharma and biotech companies is increasing and expanding with a high rate that in turn boosting the requirement of laboratory mixer globally. On the other hand, the high cost of laboratory mixer and long durability of the instrument can hamper the growth of the market. However, continuous demand from the growing healthcare and food processing industry would provide a better opportunity for the market.
Based on the region the laboratory mixer market is segmented into North America, Europe, Asia-Pacific, and RoW. North America is expected to be the major market for laboratory mixers. Expanding healthcare industry and rising funding from government and non-government organization to research institutes are some of the factors contributing to the growth of the market. Furthermore, Europe holds the second position in the global market, the growing healthcare industry and the presence of major pharma and biotech players are fuelling the growth of the market. The market in Asia-Pacific is estimated to grow a significant rate in the forecast period. Growing industrialization, the involvement of local players for the manufacturing of laboratory mixers and increasing pharma and biotech companies are playing an important role in the growth of the market in this region.
The report on global laboratory mixer market covers segments such as product type, and end user. On the basis of product type, the sub-markets include shakers, and stirrers. On the basis of end user, the sub-markets include research laboratories and institutes, pharmaceutical and biotechnology companies, and other end user.
The report provides profiles of the companies in the market such as Thermo Fisher Scientific, Avantor Performance Materials, Benchmark Scientific Inc., Scientific Industries, Bio-Rad Laboratories, Inc., Eppendorf, Remi Group, IKA Works, Corning Inc., Cole-Parmer, and Other companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of laboratory mixer market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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