Laboratory Mixer Market

IKA Works and Thermo Fisher Scientific are Major Players Operating in the Laboratory Mixers Market

The global laboratory mixers market size 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. The growth of this market is primarily driven by factors such as increasing R&D activity in the pharmaceutical and biotechnology industries. 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 major laboratory mixers 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). These players have adopted various growth strategies such as acquisitions, product launches, and expansion to expand their presence in the global laboratory mixers market.

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IKA Works is one of the major players operating in the laboratory mixers market. The company has a wide range of product offerings in this market. In order to maintain its market position, the company mainly focuses on product launches and strategic 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. These strategies helped the company to strengthen its laboratory mixers product portfolio and expand its revenue & customer base.

Thermo Fisher Scientific is among the leading players in the laboratory mixers market. The company offers an extensive product to academic institutes and laboratory researchers. The company has a strong global geographic presence, which has helped it broaden the sales and distribution of laboratory equipment. The company distributes its laboratory mixers, shakers, and other mixing equipment through a direct sales force, customer-service professionals, e-commerce, third-party distributors, and various catalogs.

Related Reports:

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

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Report Code
AST 6804
RI Published ON
12/11/2018
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