laboratory mixer market Growth Forecast Analysis by Manufacturers, Regions, Type and Application Growing research activity in the pharmaceutical & biotechnology industries is boosting the growth of the market.
BriefingWire.com, 5/05/2021 - Global laboratory mixer market was valued US$ 1.15 Bn in 2017 and is expected to reach US$ 1.63 Bn by 2026, at a CAGR of 4.46 % during a forecast period.
Growing research activity in the pharmaceutical & biotechnology industries is boosting the growth of the market. Emerging economies and rising industry-academia collaborations are key opportunities of the global laboratory mixer market. However, the high cost of advanced research laboratory mixers and long equipment lifecycle are limiting the growth of the market.