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), By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2025 - 2035
Industry: Chemicals & MaterialsGlobal Magnetic Stirrers Market Insights Forecasts to 2035
- The Global Magnetic Stirrers Market Size Was Estimated at USD 355 Million in 2024
- The Market Size is Expected to Grow at a CAGR of around 5.62% from 2025 to 2035
- The Worldwide Magnetic Stirrers Market Size is Expected to Reach USD 648 Million by 2035
- Asia Pacific is expected to Grow the fastest during the forecast period.
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According to a Research Report Published by Spherical Insights and Consulting, The Global Magnetic Stirrers Market Size was worth around USD 355 Million in 2024 and is projected to Grow from USD 375 Million in 2025 to around USD 648 Million by 2035 at a compound annual growth rate (CAGR) of 5.62% during the forecast period (2025–2035). The expansion of the global magnetic stirrers market is propelled by increased R&D activity, particularly in the pharmaceutical, biotech, chemical, and food testing industries, which has led to a need for accurate, contamination free mixing as well as a growing use of automation, smart features such as IoT, programmability, and multifunctionality.
Global ok Market Forecast and Revenue Outlook
- 2024 Market Size: USD 355 Million
- 2035 Projected Market Size: USD 648 Million
- CAGR (2025-2035): 5.62%
- North America: Largest market in 2024
- Asia Pacific: Fastest growing market
Market Overview
A magnetic stirrer, also known as a magnetic mixer, is a laboratory instrument that stirs or mixes a liquid by spinning a tiny magnetic bar, also known as a stir bar or flea, submerged in it using a revolving magnetic field. The food and beverage, biotechnology, and pharmaceutical industries have a high demand for magnetic stirrers, which accounted for $350 million of the global market in 2021. The rise in R&D activity, particularly in life sciences, is driving demand for magnetic stirrers capable of managing a variety of vessel sizes and temperature ranges. In turn, manufacturers are innovating around easy to use models with digital controls driven by recent technological advancements proportional to efficiency and safety. The impending emergence of smart technology in the market is prepared to leverage the dialogue and experience of the end user to provide real time datasets. The size of magnetic stirring is being decreased for inclusion in diagnostic cartridges and lab on a chip, as accurate, non-contact mixing improves the sensitivity of an assay and increases the kinetics of a reaction. This has led to the trend of embedded magnetic actuation modules for diagnostics and point of care testing from OEM suppliers, to meet a demand to replace the need for chunky benchtop devices.
The Indian government offers a number of programs that, through funding, infrastructure upgrades, and shared facilities, indirectly assist the acquisition, sharing, and best use of lab equipment, including magnetic stirrers. For instance, the DST's FIST program awards funding to colleges and universities to enhance their research capacity and scientific infrastructure, which can include necessary lab equipment.
Key Market Insights
- North America is expected to account for the largest share in the magnetic stirrers market during the forecast period.
- In terms of product type, the hot plate magnetic stirrers segment is projected to lead the magnetic stirrers market throughout the forecast period
- In terms of application, the chemical segment captured the largest portion of the market
Magnetic Stirrers Market Trends
- Digitalization, Smart Controls & IoT Integration
- Demand for Multifunctionality & Hot Plate Combinations
- Energy Efficiency & Sustainability
- Compact, Portable & Multi Position Designs
- Growing Market in Emerging Economies & Increased R&D Demand
Report Coverage
This research report categorizes the magnetic stirrers market based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. The report analyzes the key growth drivers, opportunities, and challenges influencing the magnetic stirrers market. Recent market developments and competitive strategies, such as expansion, type launch, development, partnership, merger, and acquisition, have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyzes their core competencies in each sub-segment of the magnetic stirrers market.
Global Magnetic Stirrers Market Report Coverage
Report Coverage | Details |
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Base Year: | 2024 |
Market Size in 2024: | USD 355 Million |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 5.62% |
2035 Value Projection: | USD 648 Million |
Historical Data for: | 2020-2023 |
No. of Pages: | 175 |
Tables, Charts & Figures: | 116 |
Segments covered: | By Product Type, By Application and COVID-19 Impact Analysis |
Companies covered:: | 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 |
Pitfalls & Challenges: | COVID-19 Impact Analysis |
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Driving factors
The magnetic stirrers market is driven by a growing demand for lab equipment that is the result of increasing research and development investment across various fields. For example, the National Institutes of Health announced an additional 5% increase in 2021 for the purchase of laboratory supplies, such as magnetic stirrers, in FY2022. The need for precision mixing in chemical formulations, particularly in pharmaceuticals, is another important factor for market growth. Magnetic stirrers offer the added appeal of producing consistent, reproducible results for both researchers and industry professionals.
Restraining Factor
One of the main factors restraining the magnetic stirrers market is the steep price of high end magnetic stirrers this is particularly problematic in some third world countries, where budget is a key limiting factor. The existence of alternative mixing methods, including ultrasonic mixers and overhead stirrers, can also dissuade potential users.
Market Segmentation
The global magnetic stirrers market is divided into product type and application.
Global Magnetic Stirrers Market, By Product Type:
- The hot plate magnetic stirrers segment dominated the market in 2024 and is projected to grow at a substantial CAGR during the forecast period.
Based on product type, the global magnetic stirrers market is segmented 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 is driven because it can serve both heating and stirring purposes. Their versatility makes them indispensable in laboratories that conduct experiments using heat and stirring at the same time. They are a staple in chemical and pharmaceutical laboratories, where it’s important to measure temperature and stirring modes accurately, and they are gaining even more popularity as technological advances have improved both their safety features and energy efficiency.
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The multi position magnetic stirrer segment in the magnetic stirrers market is expected to grow at the fastest CAGR over the forecast period. Multi position magnetic stirrers are also becoming more prevalent, especially in high throughput laboratories that require multiple samples to be processed simultaneously.
Global Magnetic Stirrers Market, By Application:
- The chemical segment accounted for the largest share in 2024 and is anticipated to grow at a significant CAGR during the forecast period.
Based on application, the global magnetic stirrers market is segmented 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 significant CAGR during the forecast period. The dominance is due to the mixing being integral to chemical reactions and formulations, the chemical industry is still one of the leading sectors for magnetic stirrer applications. Magnetic stirrers are vital in processes such as compound synthesizing, solution preparation, and testing due to their capability to consistently mix materials without the addition of contaminates.
The pharmaceutical segment in the magnetic stirrers market is expected to grow at the fastest CAGR over the forecast period. As pharmaceutical formulation and development methods also need a high level of precision and dependability, the pharmaceutical industry is another key user of magnetic stirrers. In laboratory settings where a variety of complex mixtures and solutions need precision, magnetic stirrers are an essential tool.
Regional Segment Analysis of the Global Magnetic Stirrers Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
North America Magnetic Stirrers Market Trends
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North America is expected to hold the largest share of the global magnetic stirrers market over the forecast period.
The North American region's supremacy includes the long standing chemical and pharmaceutical industries, as they are major consumers of laboratory equipment. The strong presence of key market players is also due to significant investment in scientific research and the presence of prominent research organizations. Furthermore, the strict regulatory requirements focused on quality and reliability of laboratory processes support North America's market and promote the use of advanced magnetic stirrers. The market in this region is expected to sustain a steady growth trajectory due to continued developments in infrastructure and laboratory equipment.
Asia Pacific Magnetic Stirrers Market Trends
Asia Pacific is expected to grow at the fastest CAGR in the magnetic stirrers market during the forecast period. In the Asia Pacific market, the rise is due to the region's developing pharmaceutical sector, rising research activity, and industrial development. There is high demand for advanced laboratory equipment across countries like China and India, who are making significant investments to modernize their research infrastructure and build their industrial capacity. In addition, the growing emphasis on scientific research and education is driving the use of magnetic stirrers in educational and research institutions. For manufacturers and suppliers of magnetic stirrers, the Asia Pacific market offers lucrative opportunities as these countries progress.
Europe Magnetic Stirrers Market Trends
Europe's extensive system of research centers and emphasis on innovation across a range of industrial sectors make it another important market for magnetic stirrers. The market for magnetic stirrers is expected to rise as a result of the European Union's emphasis on research and development and its large funding of scientific initiatives. Furthermore, because they need accurate and dependable laboratory equipment, the pharmaceutical and chemical industries in the area significantly contribute to market demand.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global magnetic stirrers market, along with a comparative evaluation primarily based on their type of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes type development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
Worldwide Top Key Players In The Magnetic Stirrers Market Include
- Coing
- Grant Instruments
- IKA Works
- Scientific Industries
- Thermo Fisher Scientific
- Argos
- Azzota
- Cole Parmer
- Dynalon
- Hanna Instruments
- Heidolph Instruments
- Neutec Group
- Scilogex
- VELP Scientifica
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent development
- In March 2025, the Corning introduced stirrers with integrated temperature sensors helping continuous flow chemistry setups by simplifying reaction monitoring.
- In November 2022, the Yamato scientific developed two range of laboratory solutions for precise and reliable stirring, mfh 800 and mfd 800. The well-considered layout of elements on the control panel offers intuitive operation for precise temperature control and reliable stirring of chemical solutions. the simple product form reduces puddles of spilled chemicals and build-up, and is simple to clean and maintain. highly configurable options are featured for diverse needs and requirements for laboratory professionals.
- In February 2021, Thermo Fisher acquired Mesa Biotech to enhance its molecular diagnostics capabilities. While not exclusively about magnetic stirrers, this acquisition fits into the strategy of integrating diagnostic, automation, and lab instrumentation offerings.
- In March 2025, Zydus Lifesciences, a prominent pharmaceutical and Chemicals & Materials organization with headquarters in India, said that it had paid €256.8 million to acquire an 85.6% share in Amplitude Surgical, a firm established in France.
- In February 2025, A major participant in life science instruments, Bruker Corporation, announced plans to commercialize the CosMx Human Whole Transcriptome Panel, which combines high-resolution tissue imaging and spatial multiomics.
Market Segment
This study forecasts revenue at the global, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the magnetic stirrers market based on the following 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
Frequently Asked Questions (FAQ)
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1. What is the CAGR of the magnetic stirrers market over the forecast period?The global magnetic stirrers market is projected to expand at a CAGR of 5.62% during the forecast period.
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2. What is the market size of the magnetic stirrers market?The global magnetic stirrers market size is expected to grow from USD 355 Million in 2024 to USD 648 Million by 2035, at a CAGR 5.62% of during the forecast period 2025-2035.
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3. Which region holds the largest share of the magnetic stirrers market?North America is anticipated to hold the largest share of the magnetic stirrers market over the predicted timeframe.
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4. Who are the top 15 companies operating in the global magnetic stirrers market?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.
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5. What factors are driving the growth of the magnetic stirrers market?The magnetic stirrers market's growth is driven by the growing need for precise and controlled mixing in genetic research and medication development from the biotechnology and pharmaceutical industries.
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6. What are the market trends in the magnetic stirrers market?Cutting edge tools and technologies, including digitalization, smart controls & IoT integration, demand for multifunctionality & hot plate combinations, energy efficiency & sustainability, compact, portable & multi‑position designs, growing market in emerging economies & increased R&D demand, are being used in the magnetic stirrers market.
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7. What are the main challenges restricting wider adoption of the magnetic stirrers market?The magnetic stirrers market faces challenges, including large upfront expenses for sophisticated models, especially those with digital controlsa.
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