Global Magnetic Stirrers Market Size to Exceed USD 648 Million by 2035 | CAGR of 5.62%
Category: Chemicals & MaterialsGlobal Magnetic Stirrers Market Size to Exceed USD 648 Million by 2035
According to a research report published by Spherical Insights & Consulting, the Global Magnetic Stirrers Market is expected to grow from USD 355 million in 2024 to USD 648 million by 2035, at a CAGR of 5.62% during the forecast period 2025-2035.
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Browse 210 Market Data Tables And 45 Figures Spread Through 190 Pages and In-Depth TOC On the "Global Magnetic Stirrers Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Hot Plate Magnetic Stirrer, Multi Position Magnetic Stirrer, Battery Powered Magnetic Stirrer, and Others), By Application (Chemical, Pharmaceutical, Food and Beverage, Academic Research, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 – 2035." Get Detailed Report Description Here: https://www.sphericalinsights.com/reports/magnetic-stirrers-market
A magnetic stirrer is a lab tool that spins a small magnetic bar submerged in a liquid by producing a revolving magnetic field underneath the container. The need for tools that interact with laboratory information management systems and offer electronic audit trails is growing. Stirrers that mitigate compliance risk by guaranteeing experiment traceability and data integrity during audits are valued by pharmaceutical companies and CROs. High throughput workflows in biotech and life sciences labs are growing in size. Accelerated screening assays, which allow for cost savings and quicker discovery timelines, depend on multi position stirrers that can independently regulate temperature and speed across several samples. In an effort to centralize instrument data, labs are now using digital connectivity as a buying motivator. In order to facilitate predictive maintenance and consistent experiment protocols across dispersed research sites, IoT ready stirrers are integrated into lab automation systems. However, the magnetic stirrers' poor performance with high viscosity liquids is likely to restrict market expansion.
The hot plate magnetic stirrer segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on the product type, the magnetic stirrers market is divided into hot plate magnetic stirrer, multi position magnetic stirrer, battery powered magnetic stirrer, and others. Among these, the hot plate magnetic stirrer segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period. The segment's development is stimulated by the technique of extrusion cutting, which can be described as mathematically constrained orthogonal cutting, in contrast to conventional cutting, where the properties of the material being cut also influence the deformation.
The chemical segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period.
Based on the application, the magnetic stirrers market is divided into chemical, pharmaceutical, food and beverage, academic research, and others. Among these, the chemical segment accounted for the largest share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. The segment's increase is prompted by its use in many different industries, such as the pharmaceutical, chemical, and research and education sectors. In the chemical industry, these stirrers are used to mix, combine, and dissolve materials.
North America is expected to hold the majority share of the global magnetic stirrers market during the forecast period.
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North America is expected to hold the majority share of the global magnetic stirrers market during the forecast period. The magnetic stirrers market is encouraged by the large number of biotechnology businesses, pharmaceutical corporations, and reputable research institutions. With significant R&D spending and cutting edge laboratory infrastructure, the United States, in particular, holds the highest country share in this region.
Asia Pacific is anticipated to grow at the fastest pace in the global magnetic stirrers market during the forecast period. The magnetic stirrers market in the Asia Pacific is bolstered by rapid industrialization, rising government spending on scientific research, and the expansion of pharmaceutical production hubs in China, India, and Japan, which have made the Asia-Pacific the fastest growing area. Though still smaller, Latin America, the Middle East, and Africa are developing markets with rising awareness and improved infrastructure.
Europe’s magnetic stirrers market is growing due to robust demand produced by the food processing and industrial chemical manufacturing industries in nations like Germany, France, and the UK.
Major vendors in the global magnetic stirrers market are Coing, Grant Instruments, IKA Works, Scientific Industries, Thermo Fisher Scientific, Argos, Azzota, Cole Parmer, Dynalon, Hanna Instruments, Heidolph Instruments, Neutec Group, Scilogex, VELP Scientifica, and Others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development
In August 2020, DWK Life Sciences acquired Muller, a German company in the pharmaceutical sector of glass/plastic packaging, which could strengthen its lab equipment/stirrer accessory portfolio.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the magnetic stirrers market based on the below-mentioned segments:
Global Magnetic Stirrers Market, By Product Type
- Hot Plate Magnetic Stirrer
- Multi Position Magnetic Stirrer
- Battery Powered Magnetic Stirrer
- Others
Global Magnetic Stirrers Market, By Application
- Chemical
- Pharmaceutical
- Food and Beverage
- Academic Research
- Others
Global Magnetic Stirrers Market, By Regional Analysis
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
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