The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The worldwide laboratory mixer market is projected to increase from $1.53 billion in 2022 to $1.65 billion in 2023, with a CAGR of 8.1%. The market size is anticipated to reach $2.22 billion by 2027, growing at a CAGR of 7.7%.

North America was the largest region in the laboratory mixer market in 2022. Asia-Pacific is expected to be the fastest region in the laboratory mixer market share during forecast period.

Laboratory Mixer Market Driver
The rise in disease prevalence is fueling the growth of the laboratory mixer market. Disease prevalence spurs diagnostic testing and research activities, making laboratory mixers essential tools for mixing, dissolving, and emulsifying substances. As per projections by the London School of Hygiene & Tropical Medicine, approximately 1.7 billion people, or 22% of the global population, were estimated to have at least one chronic health condition in 2020. Hence, the growing disease prevalence is set to drive the laboratory mixer market in the future.

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Prominent Laboratory Mixer Market Trend
Increased investments in research and development (R&D) are molding the laboratory mixer market. Pharmaceutical companies’ growing investments are enhancing R&D efforts for diverse medicines and vaccines. These R&D initiatives drive the demand for laboratory equipment like test tubes, laboratory mixers, stirrers, shakers, and refrigerators. As per the EvaluatePharma report, global Pharma and Biotech companies allocated $181.7 billion for R&D in 2019, with projections to reach $213.0 billion by 2024.

Laboratory Mixer Market Prominent Players
Major players in the laboratory mixer market are Bio-Rad Laboratories, Thermo Fisher Scientific, Eppendorf, Cole-Parmer, Silverson, Avantor, Corning, IKA Works, Remi Group, Heidolph Instruments, Labstac, SaintyCo, Ratek Instruments, Nickel-Electro, Admix, VMI, Charles Ross & Son Company, and Shakti Pharmatech.

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Key Laboratory Mixer Market Segments
The global laboratory mixer market is segmented –
1) By Product: Shakers, Magnetic Stirrers, Vortex Mixers, Conical Mixers, Overhead Stirrers, Accessories
2) By Platform: Digital Devices, Analog Devices
3) By Operability: Gyratory Movement, Linear Movement, Rocking Or Tilting Movement, Orbital Movement
4) By End-User: Research Laboratories And Institutes, Pharmaceutical And Biotechnology Companies, Other End-Users

The Laboratory Mixer Global Market Report 2023  provides a comprehensive overview on the laboratory mixer market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the laboratory mixer market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

View More Related Reports –
Laboratory Centrifuge Global Market Report 2023
Laboratory Automation Systems Global Market Report 2023
Food Blenders And Mixers Global Market Report 2023

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