Laboratory Mixer Market Size, Demand, Analysis, On-Going Trends, Status, Forecast 2022-2027
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. No...