Press release
Laboratory Mixer Market Analysis 2024 -2033: Forecasted Market Size, Top Segments, And Largest Region | Bio-Rad Laboratories Inc., Thermo Fisher Scientific Inc., Eppendorf AG, Cole-Parmer Instrument Company LLC
Laboratory Mixer Market Size
The Business Research Company offers in-depth market insights through Laboratory Mixer Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth 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.
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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Market Segmentation:
The main product types of laboratory mixers are shakers, magnetic stirrers, vortex mixers, conical mixers, overhead stirrers, and accessories. Laboratory mixers and shakers are devices that aid in the formation of a homogeneous mixture from multiple ingredients. Laboratory shakers perform exactly what their name implies, they shake the mixtures placed on them. The different platforms include digital devices, and analogue devices and are operated in gyratory movement, linear movement, rocking or tilting movement, and orbital movement. It is implemented in various sectors such as research laboratories and institutes, pharmaceutical and biotechnology companies, and others.
Major Driver - The Surge In Disease Prevalence Driving Laboratory Mixer 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.
Competitive Landscape:
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
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Top Trend - Increasing Focus On Introducing Convertible Mixing Device To Gain A Competitive Edge
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 Table Of Content For The Market Report Include:
1. Executive Summary
2. Laboratory Mixer Market Characteristics
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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