Medical Device | Healthcare | Biotechnology | Pharmaceuticals

Laboratory mixers include shakers, magnetic stirrers, vortex mixers, and overhead stirrers that can be used for the purpose of mixing, emulsifying, and homogenizing more than one ingredient. Laboratory mixers are important instruments required in different processes, including the preparation of fine emulsions, reducing particle sizes, carrying out chemical reactions, dissolving components, and facilitating heat transfers. An increase in overall research activity in the pharmaceutical and biotechnology industries is the key factor driving the market. Academia-industry collaborations have been identified as an area of opportunity for companies seeking to develop innovative products or capabilities in the  Laboratory Mixers Market . Increasing research activity in the pharmaceutical and biotechnology industries is expected to drive the overall growth of the laboratory mixers market.” The laboratory mixers market is expected to grow from USD 1.1 billion in 2018 to USD 1.4 bil...

The  laboratory mixer market  is expected to grow from USD 1.1 billion in 2018 to USD 1.4 billion by 2023, at a CAGR of 4.4% during the forecast period. Increasing research activity in the pharmaceutical and biotechnology industries is the major factor driving the growth of this market. However, the high cost of advanced laboratory mixers and long equipment lifespans are expected to restrain the growth of this market during the forecast period. The magnetic stirrers segment is projected to grow at the highest CAGR between 2018 and 2023. Magnetic stirrers are most commonly used in chemical and biological research laboratories to ensure that liquid samples are homogeneous in consistency and temperature. The growth of this segment can be attributed to the growth in funding for life science research and the increasing number of research laboratories The laboratory mixer market is divided into four major regions—North America, Europe, Asia Pacific, and the Rest of the World (...