The laboratory mixer global market report 2024 from The Business Research Company provides comprehensive market statistics, including global market size, regional shares, competitor market share, detailed segments, trends, and opportunities. This report offers an in-depth analysis of current and future industry scenarios, delivering a complete perspective for thriving in the industrial automation software market.
Laboratory Mixer Market, 2024 report by The Business Research Company offers comprehensive insights into the current state of the market and highlights future growth opportunities.
Market Size –
The laboratory mixer market size has grown strongly in recent years. It will grow from $1.69 billion in 2023 to $1.85 billion in 2024 at a compound annual growth rate (CAGR) of 9.7%. The growth in the historic period can be attributed to chemical industry expansion, food and beverage production, food safety regulations, biopharmaceutical production, clinical diagnostics.
The laboratory mixer market size is expected to see strong growth in the next few years. It will grow to $2.58 billion in 2028 at a compound annual growth rate (CAGR) of 8.7%. The growth in the forecast period can be attributed to green chemistry initiatives, supply chain resilience, healthcare diagnostics expansion, global health initiatives, expansion of telemedicine. Major trends in the forecast period include sustainable mixing solutions, artificial intelligence (ai) and automation integration, advanced sensors and controls, point-of-care diagnostics, pharmaceutical innovation.
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Scope Of Laboratory Mixer Market
The Business Research Company’s reports encompass a wide range of information, including:
1. Market Size (Historic and Forecast): Analysis of the market’s historical performance and projections for future growth.
2. Drivers: Examination of the key factors propelling market growth.
3. Trends: Identification of emerging trends and patterns shaping the market landscape.
4. Key Segments: Breakdown of the market into its primary segments and their respective performance.
5. Focus Regions and Geographies: Insight into the most critical regions and geographical areas influencing the market.
6. Macro Economic Factors: Assessment of broader economic elements impacting the market.
Laboratory Mixer Market Overview
Market Drivers –
The increase in prevalence of diseases is contributing to the laboratory mixer’s market growth. The prevalence of diseases increases the laboratory diagnostic testing, research, and development activities. A laboratory mixer is a common tool that is required in all laboratories as it mixes, dissolves, and emulsifies material. For instance, in September 2023, according to the World Health Organization, a Switzerland-based specialized agency of the United Nations, there were 41 million fatalities, constituting 74% of the total deaths attributed to non-communicable diseases (NCDs) or chronic conditions worldwide each year. These fatalities encompassed 17.9 million deaths due to cardiovascular diseases, 9.3 million deaths related to cancer, 4.1 million deaths associated with chronic respiratory diseases, and 2.0 million deaths from diabetes. Therefore, the increasing prevalence of diseases is expected to propel the growth of the laboratory mixer market in the coming years.
Market Trends –
Major companies operating in the laboratory mixers market are focused on introducing convertible mixing devices to gain a competitive edge in the market. A convertible laboratory mixing device is a versatile tool used for blending and homogenizing various substances in scientific and industrial settings, offering adaptability in mixing applications. For instance, in June 2022, IKA-Werke GmbH & Co, a Germany-based manufacturer of laboratory equipment, launched the first convertible mixing device called TWISTER. It serves both as a single-position and multi-position magnetic stirrer, offering versatile mixing capabilities. Its high-speed vacuum mixing and dust-repelling design provide efficient and standardized mixing solutions.
The laboratory mixer market covered in this report is segmented –
1) By Product: Shakers, Magnetic Stirrers, Vortex Mixers, Conical Mixers, Overhead Stirrers, Accessories
2) By Platform: Digital Devices, Analog Devices
3) By Operability: Gyratory Movement, Linear Movement, Rocking Or Tilting Movement, Orbital Movement
4) By End-User: Research Laboratories And Institutes, Pharmaceutical And Biotechnology Companies, Other End-Users
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Regional Insights –
North America was the largest region in the laboratory mixer market in 2023. Asia-Pacific is expected to be the fastest region in the laboratory mixer market share during forecast period. The regions covered in the laboratory mixer market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Key Companies –
Major companies operating in the laboratory mixer market include Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., Eppendorf AG, Cole-Parmer Instrument Company LLC, Silverson Machines Inc., Avantor Inc., Corning Incorporated, IKA Works Inc., Remi Elektrotechnik Limited, Heidolph Instruments GmbH & Co. KG, Labstac Ltd., Sainty International Group Co. Ltd., Ratek Instruments Pty Ltd., Nickel-Electro Ltd., Admix Inc., VMI Mixing, Charles Ross & Son Company, Shakti Pharmatech Pvt. Ltd., Buhler Inc., GEA Group Aktiengesellschaft, SPX Flow Inc., Philadelphia Mixing Solutions Ltd., Sulzer Ltd., Chemineer Inc., Mixer Direct Inc., Hayward Gordon Group, Sharpe Mixers Inc., Komax Systems Inc., Mixer Systems Inc., Charles Ross and Son Company
Table of Contents
1. Executive Summary
2. Laboratory Mixer Market Report Structure
3. Laboratory Mixer Market Trends And Strategies
4. Laboratory Mixer Market – Macro Economic Scenario
5. Laboratory Mixer Market Size And Growth
…..
27. Laboratory Mixer Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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