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The laboratory mixer market is forecasted to achieve significant growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 6%, as per The Business Research Company’s market report!

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The Laboratory Mixer Market Size In 2022 And Forecast

The global laboratory mixer market is expected to grow from $1.37 billion in 2020 to $1.49 billion in 2021 at a compound annual growth rate (CAGR) of 9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The laboratory mixer market is expected to reach $1.92 billion in 2025 at a CAGR of 6.5%.

The laboratory mixer market consists of sales of laboratory mixers by entities (organizations, sole traders, and partnerships) that manufacture laboratory mixers.

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Increase In The Prevalence Of Diseases Is Driving The Growth Of The Laboratory Mixer Market

According to predictions from the London School of Hygiene & Tropical Medicine, in 2020, 1.7 billion people, or 22% of the global population, would have at most one chronic health issue. Therefore, the increasing prevalence of diseases is expected to propel the growth of the laboratory mixer market in the coming years.

Competitive Landscape And The Regional Analysis Of The Laboratory Mixer Market

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.

The Laboratory Mixer Global Market Report 2022  covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. 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. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the laboratory mixer market.

Rising Investments In R&D Activities – A Key Trend In The Laboratory Mixer Market

The increasing investment by pharmaceutical companies is boosting the research and development activities on various medicine and vaccines. The research and development activities carried out by pharmaceutical companies generate the need for lab equipment such as test tubes, laboratory mixers, stirrers, shakers, refrigerators, and others.

Laboratory Mixer Market Segmentation By The Business Research Company

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, Others

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