The global laboratory mixer market is projected to be valued at USD 2.25 billion by end of 2027 from USD 1.6 billion in 2020, expanding at a CAGR of 3.7% during the forecast period. The factors such as increasing investment in the research and development especially from the pharmaceutical industries along with increasing demand for laboratory mixers from various applications. Laboratory mixer is one of the primary equipment, which gas applications such as blending, mixing, and agitating mixtures. Demand for these mixers are increasing substantially as the research laboratories are widely accepting mixers during their newer researches especially across pharmaceutical and biopharmaceutical companies. This growing demand for advanced mixers is directly fueling growth of the market and is expected to be same during the forecast period.
However, high cost coupled with less reimbursement policies for laboratory mixers are restraining growth of the market to some extent. Nonetheless, larger life of newer mixtures and low maintenance cost of these instruments are estimated to improve the market scenarios for the growth of its market. Furthermore, increasing investment for research and development all across the globe and especially from Asia Pacific is estimated to drive growth of the market in the coming future.
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For the purpose of this report, Reports and Data has segmented the global laboratory mixer market on the basis of type, product, platform, end user, and region:
By Product Outlook (Revenue, USD Billion; 2017-2027)
By Platform Outlook (Revenue, USD Billion; 2017-2027)
By End User Outlook (Revenue, USD Billion; 2017-2027)
By Region Outlook (Revenue, USD Billion; 2017-2027)
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