Laboratory Mixers Market Scope
Laboratory mixers are instruments that help to form a homogenous mixture from multiple ingredients. Increasing research activity in the biotechnology and pharmaceutical sector is the major factor driving the growth of this market. In addition, increasing government funding for life sciences research and growing healthcare infrastructure in the developing economies propelling market growth. Moreover, the growing focus on technological advancement in the laboratory mixers expected to drive the market demand during the forecasted period.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
High Growth Market | North America |
Largest Market | Asia Pacific |
Unit | Value (USD Million) |
Key Companies Profiled | Thermo Fisher Scientific (United States), Eppendorf (Germany), Corning (United States), Scientific Industries (United States), Bio-Rad Laboratories (United States), Cole-Parmer (United States), Avantor Performance Materials (United States), IKA Works (Germany), Benchmark Scientific (United States), REMI Group (India), Sarstedt (Germany) and Silverson Machines (United Kingdom) |
CAGR | 4.0% |
The global laboratory mixers market is fragmented owing to the presence of several small and large dealers who compete in terms of price, quality, reputation, innovation, and distribution. To sustain themselves in such a competitive market environment, it is important for the market players to discriminate their product offerings through a unique and clear value proposition. Also, vendors need to focus on the expansion of their distribution channels to increase their product availability and market penetration. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Laboratory Mixers market throughout the predicted period.
Thermo Fisher Scientific (United States), Eppendorf (Germany), Corning (United States), Scientific Industries (United States), Bio-Rad Laboratories (United States), Cole-Parmer (United States), Avantor Performance Materials (United States), IKA Works (Germany), Benchmark Scientific (United States), REMI Group (India), Sarstedt (Germany) and Silverson Machines (United Kingdom) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Laboratory Mixers market by Type , by Application (End User, Research Laboratory/Institutes and Pharmaceutical & Biotechnology Companies) and Region with country level break-up.
On the basis of geography, the market of Laboratory Mixers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Asia Pacific region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In October 2022, EBARA Corporation Japan (EBARA) has acquired 100% equity of Hayward Gordon L.P. (Hayward Gordon).This acquisition is a tremendous opportunity to expand EBARA’s product portfolio with Hayward Gordon’s heavy-duty process pumps and extensive line of mixers, develop Hayward Gordon’s manufacturing capabilities, enhance EBARA and Hayward Gordon’s sales network, and further improve our pool of resources of talented experts for the North American market.
In October 2021, Silverson Machines launched three new laboratory-scale mixers. The newly launched mixers are suitable for small-scale manufacturing and R&D work. It also offers better performance with a wide range of powders like gums, sugars, flours, milk powder, Carbopol, Bentonite, etc. across various industries. The company's laboratory-scale mixers have been developed with Verso-HV for higher viscosity mixing capabilities., and 2018, Eppendorf provider of products and services for laboratories launched two new products, Innova S44i biological shakers and Eppendorf Smart Extender.
Influencing Trend:
Growing Focus on Early Disease Diagnosis and Increasing Applications for Cell and Tissue Culture Work
Market Growth Drivers:
Growing Prevalence of Infectious and Chronic Diseases and Increasing Government Funding for Life Sciences Research
Challenges:
Lack of Awareness in the Emerging Economies
Restraints:
High Cost of Innovative Laboratory Mixers
Opportunities:
Increasing Research Activities in Biotechnology and Pharmaceutical Industry and Growing Healthcare Infrastructure in the Developing Economies
Key Target Audience
Laboratory Mixers Manufacturers, Laboratory Mixers Distributors, Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others