The Laboratory Shaker Market is being driven by Increased use of laboratory shakers in various applications
The Laboratory Shaker Market is expected to grow at a CAGR of 8.09% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 759.5 million. In the evolving laboratory landscape, the adoption of digital interface technology in shakers is gaining significant traction. Traditional laboratory shakers were characterized by an analog interface, limiting users to manual control of shaking speed and operation time. However, the emergence of digital shakers, such as Orbit Digital Shakers from Labnet International, including the M60, P2, and P4 Microtube and Microplate Shakers, introduces advanced features. These instruments enable users to set shaker speed and operation time digitally via large three-digit LED displays. Additionally, digital interfaces facilitate improved test procedure repeatability by accurately tracking time runs, continuity of usage, and revolutions per minute (RPM) settings. This technology is particularly beneficial for applications in incubator use, where precise control is essential.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
171 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.09% |
Market growth 2024-2028 |
USD 759.5 million |
Market structure |
fragmentation |
YoY growth 2023-2024(%) |
7.32 |
Key countries |
US, UK, China, Canada, and Germany |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The Laboratory Shaker market is a significant segment of the Industrial Fields that deals with Laboratory Equipment. This equipment is essential for various laboratories, especially those involved in Research Activities related to Health Issues, microbiological cultures, and treatments for disorders, including cancer and life-threatening diseases. Orbital Shakers are the most common type of Laboratory Mixers used in laboratories for mixing, stirring, and blending substances under Environmental Conditions that may not allow manual intervention. These shakers play a crucial role in ensuring the effective treatment of microbes and other substances, making them potential tools for cell therapy and advanced concepts in cancer treatments. The Laboratory Shaker market's potential is vast, given the prevalence of various diseases and the need for effective treatments. These shakers operate with limited operations, making them indispensable for laboratories that require precise and consistent mixing. The market for Laboratory Shakers is continually evolving, with new technologies and innovations being introduced to enhance their functionality and efficiency. Overall, Laboratory Shakers are essential tools in the scientific community, contributing significantly to the advancement of various research activities and the development of effective treatments for various health issues.
Technavio positions the Laboratory Shaker Market as a segment within the expansive Global Healthcare Equipment Market. This market encompasses organizations involved in the research and development (R&D) of various product categories, such as capital equipment, instruments, implants, accessories, and consumables. These products are utilized in the diagnosis, monitoring, and treatment of numerous diseases. Technavio determines the size of the Global Healthcare Equipment Market by aggregating the revenues generated by manufacturers of diagnostic equipment and devices. The healthcare equipment sector is segmented into Devices, which incorporates advanced, differentiated, and clinically validated data-driven devices. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
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