A laboratory equipment used to mix, agitate, or blend substances in a tube or flask by shaking them is known as laboratory shaker. These shakers are used to homogenize the mixture. Shakers are mostly used in fields of biology and chemistry. A laboratory shaker has a base that has a motor and a platform above it. The platform shakes with the help of the motor and thereby, the sample is mixed. Shakers have different motions. Some of the shakers have platforms that tilt from side to side, while some of them have platforms that tilt up and down. These shakers can accommodate varied types of sample sizes from liters to microliters.
The global laboratory shakers market is estimated to experience steady growth during the forecast period. Surge in the number of industry users and increase in the inclination toward automation are a few factors likely to fuel the market during the forecast period. Increase in the number of primary end-users such as molecular biology companies, chemical companies, and protein engineering laboratories is also driving the market. Increasing adoption of technologically advanced instruments in developing countries, high adoption in developed countries, user-friendliness in case of large-scale homogenization, increasing investments in R&D activities in developed as well as developing countries, and rising number of research laboratories are some factors projected to propel the global laboratory shakers market during the forecast period. Increase in the cost of equipment with rise in automation is one of the factors that may restrain the global laboratory shakers market in the near future.
The global laboratory shakers market can be segmented on the basis of product, application, end-user, and region. Based on product, the global laboratory shakers market can be segmented into vortex shakers, platform shakers, orbital shakers, rocking shakers, incubator shakers, and others. The vortex shakers segment is anticipated to hold a significant share of the global market from 2017 to 2025, due to better efficacy and efficiency of mixing offered by these shakers. Based on application, the global laboratory shakers market can be divided into microbiology, protein engineering, molecular biology, chemistry, and others. The microbiology segment is anticipated to hold a significant share of the market between 2017 and 2025, due to growing research activities in the microbiology field. Based on end-user, the global laboratory shakers market can be divided into diagnostic laboratories, academic & research institutes, industries, and others.
Geographically, the global laboratory shakers market can be segregated into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Both in terms of value and volume, North America dominates the global laboratory shakers market. Factors attributable to growth of the market in North America include developed health care infrastructure, increased prevalence of diseases, high adoption of laboratory shakers, rise in health care expenditure, and trending automation in the region. Europe also holds a significant share of the global laboratory shakers market, due to growing research activities in the region. Asia Pacific is expected to be a rapidly expanding market for laboratory shakers between 2017 and 2025, owing to factors such as introduction of new technologies, rise in disposable income, increase in the number of laboratories and industries in countries such as India and Japan.
In order to attain a significant position in the global laboratory shakers market, key players are adopting strategies such as development of user-friendly and cost-effective products, mergers and acquisitions, extensive R&D activities, and geographical expansion. Some of the prominent players operating in the global laboratory shakers market are Thermo Fisher Scientific Inc., Boekel Scientific, Eppendorf, Santa Cruz Biotechnology, Inc., Benchmark Scientific, Inc., and IKAWorks, Inc.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.