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
Pune, India -- (SBWIRE) -- 12/02/2019 -- Infinium Global Research has added a new report on "Laboratory Mixer Market (Product Type - Shakers, and Stirrers; End User - Research Laboratories and Institutes, Pharmaceutical and Biotechnology Companies, and Other End User): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025." The global laboratory mixer market is projected to grow at a CAGR of 4.1% over the forecast period of 2019-2025.
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Growing Investments in Research and Development Propel Growth for Laboratory Mixer Market
The laboratory mixer market anticipated expanding with a significant rate in the forecast period. Rising research and developing activities is one of the major factors contributing to the growth of the market. Rising support and funding to research institutes from government and non-government organizations have boosted the rate of expansion of research organizations throughout the globe.
Moreover, increasing pharmaceutical and biotech industries fuelling 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 mixers globally. On the other hand, the high cost of laboratory mixers and long durability of the instrument can hamper the growth of the market. However, the growing healthcare industry and continuous demand will provide a better opportunity for the market.
Dominance of the Segment Research Laboratories and Institutes Surge the Growth of Laboratory Mixer Market
The laboratory mixer market is segmented based on product type and end-user. Based on product type the market can be further divided into shakers and stirrers. Shakers are further sub-segmented into orbital shakers, rockers, rollers/rotators, and others. While stirrers can be further classified into magnetic stirrers, vortex mixers, overhead stirrers, and accessories. Based on by end-user the laboratory mixers market can be bifurcated into research laboratories and institutes, pharmaceutical and biotechnology companies, and others. Research laboratories and institutes hold the largest share of the segment, owing to the largest need in research work.
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North America is Projected to Dominate the Laboratory Mixer Market
Geographically, the laboratory mixer market classified into North America, Europe, Asia-Pacific, and RoW. North America is anticipated to be the largest regional market for laboratory mixers. Growing 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 is expected to keep the second position in the global market, owing to the expanding 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.
Laboratory Mixer Market: Competitive Landscape
Key players in the market are 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 others. Thermo Fisher Scientific and Eppendorf are the leading player in the market.
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Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the laboratory mixer.
=> Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.