Transparency Market Research

Laboratory Evaporators Market Is Set to Garner Staggering Revenues by 2025

 

Albany, NY -- (SBWIRE) -- 08/15/2018 -- Evaporators are devices which are used to separate a solvent from a compound. It can be used to extract a solid by separating the liquid from it or to concentrate and purify solutions which reduce the amount of the end product and remove the impurities for safer storage and consumption. The process also reduces the expense associated with the transport and handling of larger volumes of materials. Laboratory evaporators are used to remove liquids from solutions during laboratory procedures. They are used in many industries to extract samples for analysis. Food and pharmaceuticals industries, petroleum and chemical industries, and laboratories all use evaporators for extraction of sample for further analysis. Laboratory evaporators are used to remove organic solvents and some laboratory evaporators are used to remove water from solutions. Laboratory evaporators produce a dry sample ready for analysis by using heat, gas, or some combination, and thus is an important equipment in many laboratories.

Increasing research and development activities in pharmaceutical industries to introduce novel therapeutics requires laboratory evaporators for many procedures during drug development. Rising demand to attain the highest purity in drugs is one of the important factors driving the demand for laboratory evaporators. Rapid advancement and growth in the biotechnology sector which necessitates pure samples for experimental purposes and rising emphasis on better quality control coupled with the growing demand and importance to efficiently diagnose drugs are among the factors driving the Laboratory Evaporator Market. Technological advancements has led key players to initiate the development of new and innovative products with enhanced features and more accurate results. This has further prompted other industry participants to reduce product prices, resulting in increased competition. The industry is also witnessing the emergence of new entrants with low-cost products, further increasing product competition.

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The global laboratory evaporator market has been categorized based on evaporator type, product type, application, end user, and region. In terms of laboratory evaporator type, the market is segmented into nitrogen evaporators, vacuum evaporators, rotary evaporator and others. Rotary evaporators are further segmented into small rotary evaporator and large rotary evaporator. Rotary evaporator segment dominates the market owing to rising research & development activities across the pharmaceutical and chemical sector which is a major factor driving growth in this segment. By application type, the laboratory evaporator market can be segmented into distillation, drying, concentration, sublimation, reflux reaction, Soxhlet extraction, and Re-crystallization. In terms of end user, the market has been segmented into food and pharmaceutical industries, petroleum & chemicals, and others. The others segment includes research institutes and organizations, and laboratories. The pharmaceutical sector is expected to exhibit high growth opportunities over the coming years which is credited to the mounting focus by healthcare providers to minimize treatment cost by effectively diagnosing drugs and its constituents.

Key players in the global laboratory evaporators market are B√úCHI Labortechnik AG, Dragon Laboratory Instruments, Thermo Fisher Scientific, Inc., IKA India Private Limited, Porvair Sciences Ltd, Stuart Equipment, LabTech, Inc., Auxilab, Gardner Denver Medical, Steroglass S.r.l., and others.

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