Laboratory Mixer Market

Laboratory Mixer Market by product (Shaker (Orbital Shaker, Rocker, Roller), Magnetic Stirrer, Vortex Mixer, Overhead Stirrer, Accessories), by end user (Research Laboratory/Institutes, Pharmaceutical & Biotechnology Companies) - Global Forecast to 2023

Report Code: AST 6804 Dec, 2018, by marketsandmarkets.com

[123 Pages Report] 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.

Laboratory Mixer Market

By product, the magnetic stirrers segment is expected to be the faster growing in the laboratory mixer 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

By end user, the research laboratories and institutes segment is growing at the highest rate.

The research laboratories and institutes segment is projected to grow at the highest rate in the market, by end user. Life sciences form the largest application of academic research, accounting for more than 56% of all academic R&D funding. The availability of funding for life science research from government and non-profit organizations is expected to drive the demand and adoption of life science instruments and general laboratory equipment, including laboratory mixers and shakers, in research laboratories and institutes.

Laboratory Mixer Market

North America is expected to account for the largest market share during the forecast period.

The laboratory mixer market is divided into four major regions—North America, Europe, Asia Pacific, and the Rest of the World (RoW). In 2018, North America is expected to account for the largest share of this market, followed by Europe. The large share of this regional segment is attributed to the increasing demand for biopharmaceuticals and rising R&D expenditure by biopharmaceutical companies.

On the other hand, the market in the Asia Pacific is estimated to grow at the highest CAGR during the forecast period. The presence of emerging economies such as China and India and the increasing R&D investments by pharmaceutical and biotechnology companies in this region are major factors supporting the growth of the Asian market.

Key Market Players

Major laboratory mixer vendors include Thermo Fisher Scientific (US), Eppendorf (Germany), Corning (US), Scientific Industries (US), Bio-Rad Laboratories (US), Cole-Parmer (US), Avantor Performance Materials (US), IKA Works (Germany), Benchmark Scientific (US), REMI Group (India), Sarstedt (Germany), and Silverson Machines (UK).

IKA Works is one of the major players operating in the laboratory mixer market. The company has a wide range of product offerings. In order to maintain its market position, the company mainly focuses on product launches and expansion. In 2017, the company launched its magnetic stirrer IKA Plate (RCT Digital) and a series of overhead stirrers, MICROSTAR and MINISTAR. In addition to this, in 2016, the company expanded its branches in the UK, Poland, and the US.

Recent Developments:

  • In 2018, Eppendorf launched two new products, Eppendorf Smart Extender and Innova S44i biological shakers
  • In 2017, Cole-Parmer launched Digital Batch Mixer
  • In 2017, Avantor acquired VWR Corporation
  • Scientific Industries launched Genie Temp-Shakers and Mini Orbital-Genie product lines in 2018 and 2016 respectively

Key questions addressed by the report:

  • Who are the major market players in the market?
  • What are the regional growth trends and the largest revenue-generating regions for market?
  • What are the major drivers and challenges in the laboratory mixer market?
  • What are the major product segments in the market?
  • What are the major end users for laboratory mixers?

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 13)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Covered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 16)
    2.1 Research Data
           2.1.1 Secondary Sources
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Sources
                    2.1.2.1 Key Data From Primary Sources
    2.2 Market Size Estimation
    2.3 Market Breakdown and Data Triangulation
                    2.3.1.1 Key Industry Insights

3 Executive Summary (Page No. - 24)
    3.1 Introduction

4 Premium Insights (Page No. - 27)
    4.1 Laboratory Mixers: Market Overview
    4.2 Laboratory Mixers Market: Geographical Snapshot
    4.3 Market, By Product
    4.4 North America: Market, By Country and End User (2018)

5 Market Overview (Page No. - 31)
    5.1 Introduction
           5.1.1 Drivers
                    5.1.1.1 Increasing Research Activity in the Pharmaceutical and Biotechnology Industries
           5.1.2 Restraints
                    5.1.2.1 High Cost of Advanced Laboratory Mixers and Long Equipment Lifespan
           5.1.3 Opportunities
                    5.1.3.1 Emerging Economies
                    5.1.3.2 Growing Industry-Academia Collaborations

6 Laboratory Mixer Market, By Product (Page No. - 34)
    6.1 Introduction
    6.2 Shakers
           6.2.1 Orbital Shakers
                    6.2.1.1 Lack of Vibrations and Low Heat Output Make Orbital Shakers Ideal for Cell and Tissue Culture Work—A Key Market Driver
           6.2.2 Rockers
                    6.2.2.1 Rockers Prevent Foam Formation During the Mixing of Samples, Owing to Which They are Widely Used in Research Laboratories
           6.2.3 Rollers/Rotators
                    6.2.3.1 Growing Prevalence of Infectious and Chronic Diseases to Fuel the Growth of This Segment
           6.2.4 Other Shakers
    6.3 Magnetic Stirrers
           6.3.1 Growth in Funding for Life Science Research is A Primary Driver for the Growth of This Segment
    6.4 Vortex Mixers
           6.4.1 Demand for Early Disease Diagnosis Increases the Adoption of Vortex Mixers in Hospitals and Diagnostic Laboratories
    6.5 Overhead Stirrers
           6.5.1 Wide Applications in Pharma and Biotech Companies to Drive the Market for Overhead Stirrers
    6.6 Accessories

7 Laboratory Mixer Market, By End User (Page No. - 50)
    7.1 Introduction
    7.2 Research Laboratories & Institutes
           1.2.1 Increasing Life Sciences Research Funding to Support the Growth of This End-User Segment
    7.3 Pharmaceutical & Biotechnology Companies
           1.3.1 Increasing R&D Expenditure Will Encourage the Adoption of Laboratory Mixers in Pharmaceutical & Biotechnology Companies
    7.4 Other End Users

8 Laboratory Mixer Market, By Region (Page No. - 56)
    8.1 Introduction
    8.2 North America
           8.2.1 Us
                    8.2.1.1 Increasing Drug Development Activity is Driving the US Market for Laboratory Mixers
           8.2.2 Canada
                    8.2.2.1 Government Investments are Supporting the Growth of Life Sciences Instrumentation Market in Canada
    8.3 Europe
           8.3.1 Industry Support for Research Laboratories and Academic Institutes Drives Market Growth
    8.4 Asia Pacific
           8.4.1 China
                    8.4.1.1 Unmet Need to Combat Infectious Diseases Will Provide Growth Opportunities
           8.4.2 Japan
                    8.4.2.1 Favorable Government Initiatives for Life Science Research
           8.4.3 India
                    8.4.3.1 Contract Research Market is Expected to Grow Due to the Increasing Focus of Companies on Outsourcing Research
           8.4.4 Rest of Asia Pacific
    8.5 Rest of the World

9 Competitive Landscape (Page No. - 82)
    9.1 Market Overview
    9.2 Market Ranking Analysis, 2017
    9.3 Competitive Situation and Trends
           9.3.1 Product Launches and Enhancements
           9.3.2 Acquisitions
           9.3.3 Expansions

10 Company Profiles (Page No. - 86)
     10.1 Thermo Fisher Scientific
             10.1.1 Business Overview
             10.1.2 Products Offered
             10.1.3 Recent Developments
             10.1.4 MnM View
     10.2 Eppendorf
             10.2.1 Business Overview
             10.2.2 Products Offered
             10.2.3 Recent Developments
             10.2.4 MnM View
     10.3 IKA Works
             10.3.1 Business Overview
             10.3.2 Products Offered
             10.3.3 Recent Developments
             10.3.4 MnM View
     10.4 Cole-Parmer
             10.4.1 Business Overview
             10.4.2 Products Offered
             10.4.3 Recent Developments
             10.4.4 MnM View
     10.5 Avantor Performance Materials
             10.5.1 Business Overview
             10.5.2 Products Offered
             10.5.3 Recent Developments
             10.5.4 MnM View
     10.6 Corning Inc.
             10.6.1 Business Overview
             10.6.2 Products Offered
             10.6.3 Recent Developments
             10.6.4 MnM View
     10.7 Remi Group
             10.7.1 Business Overview
             10.7.2 Products Offered
             10.7.3 Recent Developments
     10.8 Scientific Industries
             10.8.1 Business Overview
             10.8.2 Products Offered
             10.8.3 Recent Developments
             10.8.4 MnM View
     10.9 Bio-Rad Laboratories
             10.9.1 Business Overview
             10.9.2 Products Offered
             10.9.3 Recent Developments
             10.9.4 MnM View
     10.10 Benchmark Scientific Inc.
             10.10.1 Business Overview
             10.10.2 Products Offered
             10.10.3 Recent Developments
     10.11 Silverson Machines
             10.11.1 Business Overview
             10.11.2 Products Offered
             10.11.3 Recent Developments
     10.12 Sarstedt
             10.12.1 Business Overview
             10.12.2 Products Offered
             10.12.3 Recent Developments

11 Appendix (Page No. - 115)
     11.1 Discussion Guide
     11.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     11.3 Introducing RT: Real-Time Market Intelligence
     11.4 Available Customizations
     11.5 Related Reports
     11.6 Author Details


List of Tables (75 Tables)

Table 1 Laboratory Mixer Market, By Product, 2016–2023 (USD Million)
Table 2 Shakers Market, By Type, 2016–2023 (USD Million)
Table 3 Shakers Market, By Region, 2016–2023 (USD Million)
Table 4 North America: Shakers Market, By Country, 2016–2023 (USD Million)
Table 5 Asia Pacific: Shakers Market, By Country, 2016–2023 (USD Million)
Table 6 Orbital Shakers Market, By Region, 2016–2023 (USD Million)
Table 7 North America: Orbital Shakers Market, By Country, 2016–2023 (USD Million)
Table 8 Asia Pacific: Orbital Shakers Market, By Country, 2016–2023 (USD Million)
Table 9 Rockers Market, By Region, 2016–2023 (USD Million)
Table 10 North America: Rockers Market, By Country, 2016–2023 (USD Million)
Table 11 Asia Pacific: Rockers Market, By Country, 2016–2023 (USD Million)
Table 12 Rollers/Rotators Market, By Region, 2016–2023 (USD Million)
Table 13 North America: Rollers/Rotators Market, By Country, 2016–2023 (USD Million)
Table 14 Asia Pacific: Rollers/Rotators Market, By Country, 2016–2023 (USD Million)
Table 15 Other Shakers Market, By Region, 2016–2023 (USD Million)
Table 16 North America: Other Shakers Market, By Country, 2016–2023 (USD Million)
Table 17 Asia Pacific: Other Shakers Market, By Country, 2016–2023 (USD Million)
Table 18 Magnetic Stirrers Market, By Region, 2016–2023 (USD Million)
Table 19 North America: Magnetic Stirrers Market, By Country, 2016–2023 (USD Million)
Table 20 Asia Pacific: Magnetic Stirrers Market, By Country, 2016–2023 (USD Million)
Table 21 Vortex Mixers Market, By Region, 2016–2023 (USD Million)
Table 22 North America: Vortex Mixers Market, By Country, 2016–2023 (USD Million)
Table 23 Asia Pacific: Vortex Mixers Market, By Country, 2016–2023 (USD Million)
Table 24 Overhead Stirrers Market, By Region, 2016–2023 (USD Million)
Table 25 North America: Overhead Stirrers Market, By Country, 2016–2023 (USD Million)
Table 26 Asia Pacific: Overhead Stirrers Market, By Country, 2016–2023 (USD Million)
Table 27 Accessories Market, By Region, 2016–2023 (USD Million)
Table 28 North America: Accessories Market, By Country, 2016–2023 (USD Million)
Table 29 Asia Pacific: Accessories Market, By Country, 2016–2023 (USD Million)
Table 30 Laboratory Mixer Market, By End User, 2016–2023 (USD Million)
Table 31 Market for Research Laboratories & Institutes, By Region, 2016–2023 (USD Million)
Table 32 North America: Market for Research Laboratories & Institutes, By Country, 2016–2023 (USD Million)
Table 33 Asia Pacific: Laboratory Mixer Market for Research Laboratories & Institutes, By Country, 2016–2023 (USD Million)
Table 34 Market for Pharmaceutical & Biotechnology Companies, By Region, 2016–2023 (USD Million)
Table 35 North America: Laboratory Mixer Market for Pharmaceutical & Biotechnology Companies, By Country, 2016–2023 (USD Million)
Table 36 Asia Pacific: Laboratory Mixer Market for Pharmaceutical & Biotechnology Companies, By Country, 2016–2023 (USD Million)
Table 37 Market for Other End Users, By Region, 2016–2023 (USD Million)
Table 38 North America: Market for Other End Users, By Country, 2016–2023 (USD Million)
Table 39 Asia Pacific: Laboratory Mixer Market for Other End Users, By Country, 2016–2023 (USD Million)
Table 40 Market, By Region, 2016–2023 (USD Million)
Table 41 North America: Market, By Country, 2016–2023 (USD Million)
Table 42 North America: Market, By Product, 2016–2023 (USD Million)
Table 43 North America: Shakers Market, By Type, 2016–2023 (USD Million)
Table 44 North America: Laboratory Mixer Market, By End User, 2016–2023 (USD Million)
Table 45 US: Laboratory Mixer Market, By Product, 2016–2023 (USD Million)
Table 46 US: Shakers Market, By Type, 2016–2023 (USD Million)
Table 47 US: Laboratory Mixer Market, By End User, 2016–2023 (USD Million)
Table 48 Canada: Market, By Product, 2016–2023 (USD Million)
Table 49 Canada: Shakers Market, By Type, 2016–2023 (USD Million)
Table 50 Canada: Market, By End User, 2016–2023 (USD Million)
Table 51 Europe: Market, By Product, 2016–2023 (USD Million)
Table 52 Europe: Shakers Market, By Type, 2016–2023 (USD Million)
Table 53 Europe: Market, By End User, 2016–2023 (USD Million)
Table 54 Asia Pacific: Market, By Country, 2016–2023 (USD Million)
Table 55 Asia Pacific: Market, By Product, 2016–2023 (USD Million)
Table 56 Asia Pacific: Shakers Market, By Type, 2016–2023 (USD Million)
Table 57 Asia Pacific: Laboratory Mixer Market, By End User, 2016–2023 (USD Million)
Table 58 China: Market, By Product, 2016–2023 (USD Million)
Table 59 China: Shakers Market, By Type, 2016–2023 (USD Million)
Table 60 China: Laboratory Mixer Market, By End User, 2016–2023 (USD Million)
Table 61 Japan: Market, By Product, 2016–2023 (USD Million)
Table 62 Japan: Shakers Market, By Type, 2016–2023 (USD Million)
Table 63 Japan: Laboratory Mixer Market, By End User, 2016–2023 (USD Million)
Table 64 India: Market, By Product, 2016–2023 (USD Million)
Table 65 India: Shakers Market, By Type, 2016–2023 (USD Million)
Table 66 India: Laboratory Mixer Market, By End User, 2016–2023 (USD Million)
Table 67 RoAPAC: Market, By Product, 2016–2023 (USD Million)
Table 68 RoAPAC: Shakers Market, By Type, 2016–2023 (USD Million)
Table 69 RoAPAC: Laboratory Mixer Market, By End User, 2016–2023 (USD Million)
Table 70 RoW: Market, By Product, 2016–2023 (USD Million)
Table 71 RoW: Shakers Market, By Type, 2016–2023 (USD Million)
Table 72 RoW: Laboratory Mixer Market, By End User, 2016–2023 (USD Million)
Table 73 Product Launches, 2015 to 2018
Table 74 Acquisitions, 2015-2018
Table 75 Expansions, 2015 to 2018


List of Figures (21 Figures)

Figure 1 Research Design
Figure 2 Primary Sources
Figure 3 Top-Down Approach
Figure 4 Bottom-Up Approach
Figure 5 Data Triangulation Methodology
Figure 6 Laboratory Mixers Market, By Product, 2018 vs 2023 (USD Million)
Figure 7 Laboratory Mixers Market Share, By End User, 2018
Figure 8 Geographical Snapshot of the Laboratory Mixers Market
Figure 9 Increasing Number of Research Activities in the Pharmaceutical and Biotechnology Industries to Drive the Growth of This Market
Figure 10 China to Grow at the Highest CAGR During the Forecast Period
Figure 11 Shakers Segment to Register the Highest Growth During the Forecast Period (2018–2023)
Figure 12 Laboratory Mixers Market: Drivers, Restraints, and Opportunities
Figure 13 Geographic Snapshot: APAC Will Be the Fastest-Growing Market for Laboratory Mixers During the Forecast Period
Figure 14 North American Laboratory Mixers Market Snapshot
Figure 15 Asia Pacific Laboratory Mixers Market Snapshot
Figure 16 Rank of Companies in the Global Laboratory Mixers Market, 2017
Figure 17 Thermo Fisher Scientific: Company Snapshot (2017)
Figure 18 Eppendorf: Company Snapshot (2017)
Figure 19 Corning: Company Snapshot (2017)
Figure 20 Scientific Industries: Company Snapshot (2017)
Figure 21 Bio-Rad Laboratories: Company Snapshot (2017)

 

The study involved four major activities in estimating the current market size for laboratory mixers. Exhaustive research was conducted to collect information on the market as well as its peer and parent markets. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both top-down and bottom-up approaches were employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various sources such as Hoovers, Bloomberg BusinessWeek, Forbes, and Dun & Bradstreet were referred to, so as to identify and collect information useful for a technical, market-oriented, and commercial study of the laboratory mixers market. These secondary sources include annual reports, press releases & investor presentations of companies, American Association for the Advancement of Science, Laboratory Products Association (LPA), Canadian Laboratory Suppliers Association (CLSA), Laboratory Equipment Manufacturers Association of Spain (LABMAS), Scientific Instruments Dealers & Manufacturers Association (SIDMA), and the American Chemical Society. Secondary research was mainly used to obtain key information about the industry’s supply chain, the total pool of key players, market classification, and segmentation according to industry trends to the bottom-most level and regional markets. It was also used to obtain information about the key developments from a market-oriented perspective.

Primary Research

The laboratory mixers market comprises several stakeholders such as raw material suppliers, manufacturers of laboratory mixers, and regulatory organizations in the supply chain. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. The primary interviewees from the demand side include key opinion leaders in the research laboratories, academic institutes, and pharma & biotech companies. The primary sources from the supply side include key opinion leaders, distributors, and laboratory mixer manufacturers. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Given below is the breakdown of primary respondents:

Laboratory Mixer Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both the top-down and bottom-up approaches were used to estimate and validate the total size of the laboratory mixers market. These approaches were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • Key players were identified through extensive secondary research.
  • The laboratory mixers industry’s value chain and market size, in terms of value, was determined through primary and secondary research.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources.
  • All possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data.

Data Triangulation

After arriving at the overall market size—using the market size estimation processes explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides of the laboratory mixers industry.

Report Objectives

  • To define, segment, and estimate the global market size for laboratory mixers
  • To understand the structure of the laboratory mixers market by identifying its various subsegments
  • To provide detailed information about the key factors influencing the growth of the market (drivers, restraints, and opportunities)
  • To estimate the size of the market and its submarkets, in terms of value and volume, with respect to four regions (along with their respective key countries)
  • To profile key players and comprehensively analyze their core competencies
  • To understand the competitive landscape and identify the major growth strategies adopted by players across key regions
  • To analyze the competitive developments such as expansions & investments, product launches, and acquisitions in the laboratory mixers market

Scope of the Report


Report Metric

Details

Market size available for years

2016–2023

Base year considered

2017

Forecast period

2018–2023

Forecast units

Values (USD Million)

Segments covered

Product, End User, and Region

Geographies covered

North America, Europe, APAC, and RoW

Companies covered

Thermo Fisher Scientific (US), Eppendorf (Germany), Cole-Parmer (US), and IKA Works (Germany); 12 major players covered, in total

On the basis of product, the laboratory mixers market is segmented as follows:

  • Shakers
    • Orbital Shakers
    • Rockers
    • Rollers/Rotators
    • Other Shakers (Incubating Shakers, Hand Motion Shakers, Microplate Shakers, and Reciprocating Shakers)
  • Magnetic Stirrers
  • Vortex Mixers
  • Overhead Stirrers
  • Accessories

On the basis of end users, the laboratory mixers market is segmented as follows:

  • Research Laboratories and Institutes
  • Pharmaceutical and Biotechnology Companies
  • Other End Users (Hospital and Diagnostic Laboratories)

On the basis of region, the laboratory mixers market is segmented as follows:

  • North America
    • US
    • Canada
  • Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • RoW

Available Customizations

With the given market data, MarketsandMarkets offers customizations according to company-specific scientific needs.

The following customization options are available for the report:

Regional Analysis

  • Further breakdown of the European laboratory mixers market, by key country
  • Further breakdown of the RoW laboratory mixers market, by country
Report Code
AST 6804
Published ON
Dec, 2018
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