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.According to AMA, the market for Laboratory Mixers is expected to register a CAGR of 4.0% during the forecast period to 2024. This growth is primarily driven by Growing Prevalence of Infectious and Chronic Diseases and Increasing Government Funding for Life Sciences Research.
Globally, a noticeable market trend is evident Growing Focus on Early Disease Diagnosis
. Major Players, such as 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) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
2018, Eppendorf provider of products and services for laboratories launched two new products, Innova S44i biological shakers and Eppendorf Smart Extender.
- Growing Prevalence of Infectious and Chronic Diseases
- Increasing Government Funding for Life Sciences Research
- Growing Focus on Early Disease Diagnosis
- Increasing Applications for Cell and Tissue Culture Work
- High Cost of Innovative Laboratory Mixers
Increasing Research Activities in Biotechnology and Pharmaceutical Industry and Growing Healthcare Infrastructure in the Developing Economies
Lack of Awareness in the Emerging Economies
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