Sizing and Forecast
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.
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Segmentation & Regional Insights
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
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.
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Major Driver Impacting Market Growth
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.
Key Industry Players
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
The laboratory mixer market report table of contents includes:
1. Executive Summary
2. Laboratory Mixer Market Characteristics
3. Laboratory Mixer Market Trends And Strategies
4. Laboratory Mixer Market – Macro Economic Scenario
5. Global Laboratory Mixer Market Size and Growth
……………
31. Global Laboratory Mixer Market Competitive Benchmarking
32. Global Laboratory Mixer Market Competitive Dashboard
33. Key Mergers And Acquisitions In The Laboratory Mixer Market
34. Laboratory Mixer Market Future Outlook and Potential Analysis
35. Appendix
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