Global Laboratory Mixer Market was valued at US$ 1.15 Bn in 2019 and is expected to reach US$ 1.63 Bn by 2026, at a CAGR of 4.46% during a forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
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Global Laboratory Mixer Market Dynamics:
Growing research activity in the pharmaceutical & biotechnology industries is boosting the growth of the market. Emerging economies and rising industry-academia collaborations are key opportunities of the global laboratory mixer market. However, the high cost of advanced research laboratory mixers and long equipment lifecycle are limiting the growth of the market.
The research laboratories & institutes segment is expected to grow at the highest rate in the laboratory mixer market during the forecast period owing to the growing demand & adoption of life science instruments and general laboratory equipment including laboratory mixers and shakers in research laboratories & institutes. The availability of funding for life science research from government and non-profit organizations is also expected to drive the research laboratories & institutes segment.
The shakers' segment is projected to grow at the highest CAGR in the market owing to the growing focus on life science research. Life science research laboratories regularly have more than one shaker, owing to its extensive applications in the fields of chemistry, biochemistry, molecular biology, analytical chemistry, microbiology, clinical diagnostics, and cell culture.
Global Laboratory Mixer Market Regional Analysis:
Asia Pacific is projected to grow at the highest CAGR during the forecast period owing to the occurrence of emerging economies such as China & India. The growing R&D funds using pharmaceutical & biotechnology companies, the growing prevalence of diseases & need for diagnosis, and the growth of the elderly population in the Asia Pacific region are also projected to grow at the highest CAGR in upcoming years.
The report covers a comprehensive study of major market drivers, restraints, opportunities, challenges, PESTEL, Porters, SWOT, and technological forecasting in the market.
Global Laboratory Mixer Market, Key Highlights:
• Global Laboratory Mixer Market analysis and forecast, in terms of value.
• Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Global Laboratory Mixer Market
• Global Laboratory Mixer Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
• Global Laboratory Mixer Market strategic analysis with respect to individual growth trends, future prospects along with the contribution of various sub-market stakeholders have been considered under the scope of study.
• Global Laboratory Mixer Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation.
• Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled.
• Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Global Laboratory Mixer Market are also profiled.
The report has considered the base year of 2019 and past four years trend. 2020 figures are at actuals, however due to different dynamics of year 2020, market forecast is not only dependent upon 2020, but on the basis of 2016-2020.
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The Scope of the Global Laboratory Mixer Market: Inquire before buying
Global Laboratory Mixer Market, by Product:
• Magnetic Stirrer
• Vortex Mixer
• Overhead Stirrer
Global Laboratory Mixer Market, by End-User:
• Research Laboratory
• Research Institutes
• Pharmaceutical & Biotechnology Companies
• Other End Users
Global Laboratory Mixer Market, by Region:
• North America
• South America
• Middle East & Africa
Global Laboratory Mixer Market Key Players
• Avantor Performance Materials
• Benchmark Scientific Inc.
• Bio-Rad Laboratories
• Corning Inc.
• IKA Works
• Remi Group
• Scientific Industries
• Silverson Machines
• Thermo Fisher Scientific
• Heidolph Instruments GmbH & Co KG
• Labstac Ltd
• Remi Group Nickel-Electro Ltd
• Phoenix Instrument
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