You are here :
Laboratory Mixer Market - Growth, Trends, COVID-19 Impact, And Forecasts (2021 - 2026)
Published on: Feb 2021 | From USD $4250 | Published By: MORDOR INTELLIGENCE | Number Of Pages: 117
The Laboratory Mixer Market is expected to register a CAGR of 4.5% during the forecast period. This is attributing to increasing research activity in the pharmaceutical and biotechnology industries, technological advancements, increasing prevalence of diseases. Laboratory mixers are the important instruments used in several industries such as pharmaceutical, food, cosmetic, biotechnology for mixing up the samples in a homogenous way. Benefits associated with laboratory mixers in terms of time, flexibility, efficiency and safety will also contribute to the high demand and adoption in laboratories. According to the World Health Organization (WHO), cancer is the second leading cause of death across the world, and it was responsible for an estimated 9.6 million deaths in 2018. Globally, about 1 in 6 deaths is due to cancer. About 70% of the deaths due to cancer occur in low- and middle-income countries. Moreover, the burden of cancer differs by region. Almost half of the cancer cases are registered in Asia. Furthermore, in Europe, one quarter of the population is suffering from cancer. In the Americas, 21% of the population is suffering from cancer. Diseases, such as cancer and cardiovascular diseases, account for a vast majority of health spending and most of the pharmaceutical and biotechnology companies have focused on R&D activities for development of novel therapeutics. Hence the rising burden of diseases is further boosting the high demand for these laboratory instruments as these are essentials equipment used for sample mixing in research laboratories and hospitals.
However, the high cost and long-life span associated with a laboratory mixer may hamper the market.
Key Market Trends
Magnetic Stirrers in Laboratory Mixer Market is Estimated to Witness a Healthy Growth in Future.
Magnetic Stirrers are estimated to witness healthy growth in the future attributed to an increasing number of targeted patient pool, growth in fundings for research and an increasing number of research laboratories. Magnetic stirrer is equipments used to mix solid and liquid samples to form a homogenous mixture with the help of a rotating magnetic field. As these equipment are widely used in analytical chemistry labs and biological laboratories for preparing cell culture media. Benefits such as less risk of contamination and time efficiency are some factors due to which these equipment are being adopted by pharmaceutical, biotechnological and research laboratories. With the growing number of these laboratories across the world will boost segment growth.
North America is Expected to Hold a Significant Share in the Market and Expected to do Same in the Forecast Period
North America is expected to hold a significant market share in the global Laboratory Mixer Market due to increasing R&D expenditure, rising demand for biopharmaceuticals, growing prevalence of infectious and chronic diseases, demand for early diagnosis. As per the Centers for Disease Control and Prevention (CDC), an estimate of 9,093 cases were reported of tuberculosis in the United States during 2017. As these equipment are essential in the process of diagnosing the diseases which then further promotes the growth of the laboratory mixer market in this region. Furthermore, increasing healthcare expenditure and the presence of well-established healthcare infrastructure is also fueling the growth of the overall regional market to a large extent.
Competitive Landscape
The Laboratory Mixer Market is moderately competitive and consists of several major players. Some of the companies which are currently dominating the market are IKA-Werke, Eppendorf, Thermo Fisher Scientific, Shuanglong Group Co., Ltd, Bio-Rad Laboratories, Inc., REMI GROUP, Benchmark Scientific Inc, Silverson, and SARSTEDT AG & Co. KG.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
1 INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2 RESEARCH METHODOLOGY
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 Increasing Research Activity in the Pharmaceutical and Biotechnology Industries
4.2.2 Technological Advancements
4.2.3 Increasing Burden of Diseases
4.3 Market Restraints
4.3.1 High Cost of Advanced Laboratory Mixers and Long Equipment Lifespan
4.4 Porter's Five Force Analysis
4.4.1 Threat of New Entrants
4.4.2 Bargaining Power of Buyers/Consumers
4.4.3 Bargaining Power of Suppliers
4.4.4 Threat of Substitute Products
4.4.5 Intensity of Competitive Rivalry
5 MARKET SEGMENTATION
5.1 By Product Type
5.1.1 Shakers
5.1.1.1 Orbital Shakers
5.1.1.2 Rollers/Rotators
5.1.1.3 Others
5.1.2 Vortex Mixers
5.1.3 Magnetic Stirrers
5.1.4 Accessories
5.2 By End User
5.2.1 Pharmaceutical & Biotechnology Companies
5.2.2 Research Laboratories & Institutes
5.2.3 Others
5.3 Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Mexico
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Italy
5.3.2.5 Spain
5.3.2.6 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 Australia
5.3.3.5 South Korea
5.3.3.6 Rest of Asia-Pacific
5.3.4 Rest of the World
6 COMPETITIVE LANDSCAPE
6.1 Company Profiles
6.1.1 IKA-Werke
6.1.2 Eppendorf
6.1.3 Thermo Fisher Scientific
6.1.4 Shuanglong Group Co., Ltd
6.1.5 Bio-Rad Laboratories, Inc.
6.1.6 REMI GROUP
6.1.7 Benchmark Scientific Inc
6.1.8 Silverson
6.1.9 SARSTEDT AG & Co. KG
7 MARKET OPPORTUNITIES AND FUTURE TRENDS
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
FAQs
The process usually includes collection and interpretation of market data by using statistical and analytical techniques to support the decision making process.
The report helps in identifying and tracking emerging players in the market and their portfolios, enhances decision making capabilities and helps to create effective counter strategies to gain competitive advantage.
Market research reports provide in-depth analysis about the market conditions and requirements for effective decision making.
The report provides a snapshot of the global market size, segmentation data, marketing growth strategies, market share, export and import information, analysis and forecast of market trends, competition, domestic production, best sales prospects, statistical data, tariffs, regulations, distribution and business practices, end-user analysis, contact points and more.
These research reports include information about competitive strategies, solutions, fact-based research, key takeaways, recommendations, market considerations, emerging business models and market opportunities for multiple segments of an industry.
Market research reports assist in solving business problems and making better decisions to improve business as per the prevalent market trends.
Any person who has the capacity to make decisions for the business must buy the reports. These reports help management in decision making process. Market research helps person to obtain market information from different sources, and in multiple formats. It aims to study supply and demand, analyze data as per geography, age factors, demography, technology, product, psychographic & gender differences, and many other parameters. Access to in-depth market trends helps person to assess the market effectiveness. Some of the multiple techniques used for market research include customer analysis, choice modeling, competition and risk analysis, product research, advertising the research, marketing mix modeling, simulated test marketing, and more.
Market research studies several features of business environment, such as competitors, market structure, government regulations, economic trends, technological advances and financial analysis of companies, industries, and sectors. This helps person in the decision-making process of planning and implementing strategies for their markets.
1. Choose a topic.
2. Make skeleton catalogue.
3. Fill content. As for report content, there are two main information source, Primary and Secondary data collection. Secondary data collectionrefers to information searched from the Internet or data bought from database. Primary data collection refers to information concluded from telephone interview, face-to-face interview, expert’s interview, meeting etc.
4. Audit the report
5. Publish the report.
With regard to information cost, information searching costs the least, database support the second least, and telephone interview the third least. Face-face interview cost higher, in-depth interview much higher and expert interview the highest. A research may adopt all of these approaches, or just some of them.
In general, a good-quality research report needs 1-3 months to be finished. Time and method varies according to different Publishers. Thus, it’s difficult to define an exact procedure or process of making research report. Both time and cost vary. However, specialization has become a basic industry standard. Professional and dedicated products will be more and more popular.
There may be exceptions to this if you place order on a non-working day specifically because our publisher partners are located all over the globe. In case of physical delivery report will be couriered to you within 3 working days from the date of the receipt of payment and delivery time will differ based on your location
Why Us
In-depth database
Our Report’s database covers almost all topics of all regions over the Globe..
Recognised publishing sources
Tie ups with top publishers around the globe.
Customer Support
Complete pre and post sales support.
Safe & Secure
Complete secure payment process.