Increasing Pharma and Biotech Research Driving Lab Mixer Market

What This Report Will Provide?

This study involved four major activities in estimating the current size of the lab mixer market. Exhaustive secondary research was carried out to collect information on the market, its peer markets, and its parent market.

The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. After that, market breakdown and data triangulation procedures were used to estimate the size of segments and subsegments.

Expected Revenue Growth:

[152 Pages Report] The global lab mixer market size is projected to reach USD 2.1 billion by 2025 from USD 1.7 billion in 2020, at a CAGR of 3.7%

Major Growth Boosters:

Growth in the laboratory mixers market is majorly driven by rising increasing research activity in the pharmaceutical and biotechnology industries and rising investments in R&D activities.

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Recent Developments:

In June 2019, Thermo Fisher Scientific launched Solaris 2000 and 4000 Orbital Shakers.

In March 2019, Thermo Fisher Scientific acquired Brammer Bio (US)

Regional Growth Analysis:

North America is estimated to be the largest market due to the increasing demand for biopharmaceuticals and rising R&D expenditure by biopharmaceutical companies. These factors are supporting growth in the field of life science research, which, in turn, has contributed to the adoption of laboratory mixers.

Increasing Research in Pharma and Biotech Companies:

With the increasing prevalence of life-threatening diseases, the focus on developing effective treatments (for these diseases) has increased across the globe. The emergence of novel approaches, such as cell therapy, has enabled the development of advanced  treatments for cancer. In this regard, preclinical stem cell-based studies have shown great promise for use in targeted anti-cancer therapy applications. With the growth in the number of research activities and R&D spending in the pharmaceutical and biotechnology industries, the demand for various laboratory equipment has increased in recent years. This trend is expected to support market growth in the coming years, since laboratory mixers are essential equipment in research laboratories.

Key Questions Addressed in The Report:

1. Who are the top 10 players operating in the global lab mixer market?
2. What are the drivers, restraints, opportunities, and challenges in the lab mixer Industry?
3. What are the opportunities for stakeholders and provide details of the competitive landscape for key players?
4. What will be growth of lab mixer in North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa?

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Key Players:

Thermo Fisher Scientific (US), Eppendorf (Germany), IKA Works (Germany), Cole-Parmer (US), and Avantor, Inc. (VWR) (US),  Scientific Industries Inc. (US), Benchmark Scientific, Inc. (US), Bio-Rad Laboratories (US), Corning Incorporated (US), Heidolph Instruments GmbH & CO. KG(Germany) , Labstac Ltd. (UK), SaintyCo (China), SARSTEDT AG & Co. KG(Germany), Silverson (US), Remi Group (India), Ratek Instruments (Australia), Phoenix Instrument (US), Ovan (Spain), Nickel-Electro Ltd, Admix, Inc. (UK), VMI (Linxis Group) (The Netherlands), Charles Ross & Son Company (India), Shakti Pharmatech Pvt. Ltd. (India), Hayward Gordon (Canada), and VITL (UK).