Hot Plate Stirrer Market Analysis North America, Europe, Asia, Rest of World (ROW) - US, Canada, UK, Germany, China - Size and Forecast 2024-2028

Published: Dec 2023

Pages: 162

SKU: IRTNTR46460

Snapshot

Hot Plate Stirrer Market 2024-2028

The global hot plate stirrer market size is estimated to grow by USD 437.42 million at a CAGR of 6.37% between 2023 and 2028.

The growing popularity of e-commerce is making it easier for customers to browse and purchase from a wide range of laboratory-related products available online and sold by several manufacturers. The rapid growth of the e-commerce industry over the past couple of years has led to new opportunities for laboratory equipment manufacturers in supply and expansion. Furthermore, the rapid penetration of e-commerce will enable the market players to offer a broad range of hot plate stirrer solutions to reach new customers, thereby expanding the potential customer base for these products. Thus, such factors are expected to drive the growth of the market during the forecast period.

Technavio has segmented the market into Material, End-user, and Geography

The material segment includes ceramic and aluminum
The end-user segment includes pharmaceutical and chemical, academic research and clinical biology, and others
The geography segment includes key regions such as North America, Europe, Asia, and Rest of World (ROW)

It also includes an in-depth analysis of drivers, trends, and challenges. Besides analyzing the current market scenario, our report examines historical data from 2018-2022.

What will be the size of the Hot Plate Stirrer Market During the Forecast Period?

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Hot Plate Stirrer Market Segmentation by Material, End-user, and Geography Analysis

Material Analysis

Ceramic

The market share growth by the ceramic segment will be significant during the forecast period. An increase in the demand for ceramic hot plates has significantly increased the heat supply within laboratories and healthcare facilities, which has benefitted manufacturers of this sector. Manufacturers focus primarily on meeting the requirements of researchers, scientists, and students by providing them with high-quality products at affordable prices.

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The ceramic segment was valued at USD 724.27 million in 2018. The advantages of using ceramic hot plates include heating up quickly and offering higher temperatures of up to around 450 degrees C. Moreover, ceramic plates have poor temperature uniformity over the plate surface, and they also have cool edges. Therefore, such factors are expected to fuel the growth of the ceramic hot plate segment, which, in turn, will drive the growth of the global hot plate stirrer market during the forecast period.

End-user Analysis

Pharmaceutical and chemical

Hot plate stirrers are used in testing (hot plate stirrer helps as external lab equipment to heat and stir samples mentioned) and stirring of sterile solutions, vials, ampoules, IV fluids, and aerosols in pharmaceutical industries. The pharmaceutical industry is witnessing massive growth across the world, driven by the rising number of chronic diseases and conditions such as cancer and other lifestyle diseases. Hot plate stirrers find wide applications in biopharmaceutical areas, including testing and experimenting with human insulin, serums, plasma fractions, bacteria, and cell cultures. There is a constant demand for advanced diagnostics, drug discovery, and surgeries in the pharmaceutical industry. Hence, such factors are expected to drive the growth of the market in the pharmaceutical and chemical segment during the forecast period.

Academic research and clinical biology

An increase in the number of academic research laboratories engaging in experiments has resulted in high sales of hot plate stirrers across the globe, as these are basic requirements for practical science demonstration and experimentation in laboratories. Furthermore, with the growth of the clinical biology sector, the demand for magnetic stirrers is bound to rise, which, in turn, will drive the growth of the academic research and clinical biology segment, thereby driving the growth of the market during the forecast period.

Regional Analysis

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North America is estimated to contribute 39% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers will shape the market during the forecast period. The growth of the market in North America is primarily due to the presence of many testing laboratories, research facilities, sub-contract laboratories, and pharmaceutical companies in this region. North America is also a home for several major market players, such as Thermo Fisher Scientific Inc. (Thermo Fisher Scientific) and Grant Instruments (Cambridge) Ltd., which makes the availability of these solutions easy at a much lower cost. Some of the market players operating in the region are also focusing on expanding their product portfolios by launching new variants of hot plate stirrers. The launch of new products with added features can influence market growth in North America during the forecast period.

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Key Hot Plate Stirrer Market Players

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market. The report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:

AHN Biotechnologie GmbH: The company offers hot plate stirrer named AHN myLab Hot Plate Stirrer which is available in 3 options, as 5, 10 and 15 place Magnetic Stirrer Hot Plate.

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Hot Plate Stirrer Market: Key Drivers, Trends, Challenges, and Customer Landscape

There are multiple factors influencing market growth. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges.

Key Hot Plate Stirrer Market Drivers

The growth of primary end-users is the key factor driving market growth. There have been several end-users over the years who have adopted hot plate stirrers for wide-ranging industrial applications, including organic synthesis, extraction, pH measurements, analysis of oil products, dialysis, soil suspending, and preparing buffer solutions. The primary end-users of hot plate stirrers, such as the chemical sector, protein purification and isolation, and clinical biology, are expected to exhibit rapid growth over the next few years with an increase in research, experimentation, and testing-related activities. \

Moreover, among the end-users, molecular biology is the fastest-growing user, which is expected to grow rapidly during the forecast period, followed by clinical biology and cell culture. The rapid growth of the primary end-users will ultimately lead to a rise in consumption and demand, which, in turn, will drive the growth of the global hot plate stirrer market during the forecast period.

Significant Hot Plate Stirrer Market Trends

Gaining prominence of magnetic stirrer solutions in the biomedical sector is the primary trend shaping market growth. The biomedical sector has increasingly adopted and applied magnetics stirrer solutions, including hot plate stirrer solutions, due to the benefits in terms of their features. The rapid growth of the biomedical sector in Asia is likely to boost the adoption of magnetic stirrers, such as hot plate stirrers, as they find high applicability in this field for testing and experimentation purposes of a wide range of samples.

Furthermore, with the growing initiatives related to biomedical research, there is a high prospect for related activities that use magnetic stirrer solutions, including hot plate stirrer solutions, in the coming years. This may increase the adoption rates for hot plate stirrer devices and accessories. Hence, such factors are expected to fuel the growth of the global hot plate stirrer market during the forecast period.

Major Hot Plate Stirrer Market Challenges

Limited sample volume capacity is a challenge that affects market growth. Magnetic stirrers such as hot plate stirrers use an electromagnetic motor under the platform to rotate a suspended inert magnet that is placed in the flask or beaker. These cannot be used for sample volumes of more than a few liters, which creates weight and size limitations in using an electromagnet and magnetic bars. This limits their application in different areas.

Furthermore, apart from high-volume applications, magnetic stirrers, including hot plate stirrers, cannot be used for samples in vials or test tubes due to the relatively large size of the stirrer bar. As a result of the size-related issues of hot plate stirrers, there is a narrow adoption of these solutions in certain applications. Thus, such factors are expected to impede the growth of the market during the forecast period.

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Key Hot Plate Stirrer Market Customer Landscape

The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Hot Plate Stirrer Market Customer Landscape

Segment Overview

The hot plate stirrer market report forecasts market growth by revenue at global, regional & country levels and analyzes the latest trends and growth opportunities from 2018 to 2028.

Material Outlook
- Ceramic
- Aluminum

End-user Outlook
- Pharmaceutical and chemical
- Academic research and clinical biology
- Others

Region Outlook
- North America
  - The U.S.
  - Canada
- Europe
  - The U.K.
  - Germany
  - France
  - Rest of Europe
- Asia
  - China
  - India
- Rest of the World (ROW)
  - Argentina
  - Brazil
  - Australia

Hot Plate Stirrer Market Scope
Report Coverage	Details
Page number	162
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 6.37%
Market Growth 2024-2028	USD 437.42 million
Market structure	Fragmented
YoY growth 2023-2024(%)	5.23
Regional analysis	North America, Europe, Asia, and Rest of World (ROW)
Performing market contribution	North America at 39%
Key countries	US, Canada, UK, Germany, and China
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	Abdos Labtech Pvt. Ltd., AHN Biotechnologie GmbH, Benchmark Scientific Inc., Biosan, Camlab Ltd., Cole Parmer Instrument Co. LLC, Corning Inc., DLAB Scientific Inc., Electron Microscopy Sciences, Genei Laboratories Pvt. Ltd., Heidolph Instruments GmbH and CO. KG, Holmarc Opto Mechatronics Ltd., IKA Werke GmbH and CO. KG, Merck KGaA, Neuation Technologies Pvt. Ltd., OHAUS Corp., Thermo Fisher Scientific Inc., VELP Scientifica Srl, VWR International LLC, Falc Instruments Srl, and Grant Instruments Cambridge Ltd.
Market dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Hot Plate Stirrer Market Research Report?

CAGR of the market during the forecast period
Detailed information on factors that will drive the growth of the hot plate stirrer market between 2024 and 2028
Precise estimation of the hot plate stirrer market size and its contribution to the market in focus on the parent market
Detailed analysis of customer landscape covering Diver of price sensitivity, Adoption of the lifecycle, and key purchase criteria
Companies landscape comparing criticality of inputs and factors of differentiation
Exclusive Matrix on companies' position and classification
Accurate predictions about upcoming trends and changes in consumer behavior
Growth of the market across North America, Europe, Asia, and Rest of World (ROW)
A thorough analysis of the market’s competitive landscape and detailed information about companies
Comprehensive analysis of factors that will challenge the growth of hot plate stirrer market companies

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

Table of Contents

1 Executive Summary

1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Material
- Exhibit 06: Executive Summary – Chart on Market Segmentation by End-user
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition

3.2 Market segment analysis
- Exhibit 13: Market segments

3.3 Market size 2023

3.4 Market outlook: Forecast for 2023-2028
- Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global hot plate stirrer market 2018 - 2022
- Exhibit 18: Historic Market Size – Data Table on global hot plate stirrer market 2018 - 2022 ($ million)

4.2 Material Segment Analysis 2018 - 2022
- Exhibit 19: Historic Market Size – Material Segment 2018 - 2022 ($ million)

4.3 End-user Segment Analysis 2018 - 2022
- Exhibit 20: Historic Market Size – End-user Segment 2018 - 2022 ($ million)

4.4 Geography Segment Analysis 2018 - 2022
- Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ million)

4.5 Country Segment Analysis 2018 - 2022
- Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2023 and 2028

5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028

5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028

5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028

5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028

5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028

5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Material

6.1 Market segments
- Exhibit 30: Chart on Material - Market share 2023-2028 (%)
- Exhibit 31: Data Table on Material - Market share 2023-2028 (%)

6.2 Comparison by Material
- Exhibit 32: Chart on Comparison by Material
- Exhibit 33: Data Table on Comparison by Material

6.3 Ceramic - Market size and forecast 2023-2028
- Exhibit 34: Chart on Ceramic - Market size and forecast 2023-2028 ($ million)
- Exhibit 35: Data Table on Ceramic - Market size and forecast 2023-2028 ($ million)
- Exhibit 36: Chart on Ceramic - Year-over-year growth 2023-2028 (%)
- Exhibit 37: Data Table on Ceramic - Year-over-year growth 2023-2028 (%)

6.4 Aluminum - Market size and forecast 2023-2028
- Exhibit 38: Chart on Aluminum - Market size and forecast 2023-2028 ($ million)
- Exhibit 39: Data Table on Aluminum - Market size and forecast 2023-2028 ($ million)
- Exhibit 40: Chart on Aluminum - Year-over-year growth 2023-2028 (%)
- Exhibit 41: Data Table on Aluminum - Year-over-year growth 2023-2028 (%)

6.5 Market opportunity by Material
- Exhibit 42: Market opportunity by Material ($ million)
- Exhibit 43: Data Table on Market opportunity by Material ($ million)

7 Market Segmentation by End-user

7.1 Market segments
- Exhibit 44: Chart on End-user - Market share 2023-2028 (%)
- Exhibit 45: Data Table on End-user - Market share 2023-2028 (%)

7.2 Comparison by End-user
- Exhibit 46: Chart on Comparison by End-user
- Exhibit 47: Data Table on Comparison by End-user

7.3 Pharmaceutical and chemical - Market size and forecast 2023-2028
- Exhibit 48: Chart on Pharmaceutical and chemical - Market size and forecast 2023-2028 ($ million)
- Exhibit 49: Data Table on Pharmaceutical and chemical - Market size and forecast 2023-2028 ($ million)
- Exhibit 50: Chart on Pharmaceutical and chemical - Year-over-year growth 2023-2028 (%)
- Exhibit 51: Data Table on Pharmaceutical and chemical - Year-over-year growth 2023-2028 (%)

7.4 Academic research and clinical biology - Market size and forecast 2023-2028
- Exhibit 52: Chart on Academic research and clinical biology - Market size and forecast 2023-2028 ($ million)
- Exhibit 53: Data Table on Academic research and clinical biology - Market size and forecast 2023-2028 ($ million)
- Exhibit 54: Chart on Academic research and clinical biology - Year-over-year growth 2023-2028 (%)
- Exhibit 55: Data Table on Academic research and clinical biology - Year-over-year growth 2023-2028 (%)

7.5 Others - Market size and forecast 2023-2028
- Exhibit 56: Chart on Others - Market size and forecast 2023-2028 ($ million)
- Exhibit 57: Data Table on Others - Market size and forecast 2023-2028 ($ million)
- Exhibit 58: Chart on Others - Year-over-year growth 2023-2028 (%)
- Exhibit 59: Data Table on Others - Year-over-year growth 2023-2028 (%)

7.6 Market opportunity by End-user
- Exhibit 60: Market opportunity by End-user ($ million)
- Exhibit 61: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
- Exhibit 62: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
- Exhibit 63: Chart on Market share by geography 2023-2028 (%)
- Exhibit 64: Data Table on Market share by geography 2023-2028 (%)

9.2 Geographic comparison
- Exhibit 65: Chart on Geographic comparison
- Exhibit 66: Data Table on Geographic comparison

9.3 North America - Market size and forecast 2023-2028
- Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)

9.4 Europe - Market size and forecast 2023-2028
- Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)

9.5 Asia - Market size and forecast 2023-2028
- Exhibit 75: Chart on Asia - Market size and forecast 2023-2028 ($ million)
- Exhibit 76: Data Table on Asia - Market size and forecast 2023-2028 ($ million)
- Exhibit 77: Chart on Asia - Year-over-year growth 2023-2028 (%)
- Exhibit 78: Data Table on Asia - Year-over-year growth 2023-2028 (%)

9.6 Rest of World (ROW) - Market size and forecast 2023-2028
- Exhibit 79: Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
- Exhibit 80: Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
- Exhibit 81: Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
- Exhibit 82: Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)

9.7 US - Market size and forecast 2023-2028
- Exhibit 83: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 84: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibit 85: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibit 86: Data Table on US - Year-over-year growth 2023-2028 (%)

9.8 China - Market size and forecast 2023-2028
- Exhibit 87: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 88: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibit 89: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibit 90: Data Table on China - Year-over-year growth 2023-2028 (%)

9.9 UK - Market size and forecast 2023-2028
- Exhibit 91: Chart on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 92: Data Table on UK - Market size and forecast 2023-2028 ($ million)
- Exhibit 93: Chart on UK - Year-over-year growth 2023-2028 (%)
- Exhibit 94: Data Table on UK - Year-over-year growth 2023-2028 (%)

9.10 Canada - Market size and forecast 2023-2028
- Exhibit 95: Chart on Canada - Market size and forecast 2023-2028 ($ million)
- Exhibit 96: Data Table on Canada - Market size and forecast 2023-2028 ($ million)
- Exhibit 97: Chart on Canada - Year-over-year growth 2023-2028 (%)
- Exhibit 98: Data Table on Canada - Year-over-year growth 2023-2028 (%)

9.11 Germany - Market size and forecast 2023-2028
- Exhibit 99: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 100: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibit 101: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibit 102: Data Table on Germany - Year-over-year growth 2023-2028 (%)

9.12 Market opportunity by geography
- Exhibit 103: Market opportunity by geography ($ million)
- Exhibit 104: Data Tables on Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges
- Exhibit 105: Impact of drivers and challenges in 2023 and 2028

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape
- Exhibit 106: Overview on Criticality of inputs and Factors of differentiation

11.3 Landscape disruption
- Exhibit 107: Overview on factors of disruption

11.4 Industry risks
- Exhibit 108: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
- Exhibit 109: Vendors covered

12.2 Market positioning of vendors
- Exhibit 110: Matrix on vendor position and classification

12.3 AHN Biotechnologie GmbH
- Exhibit 111: AHN Biotechnologie GmbH - Overview
- Exhibit 112: AHN Biotechnologie GmbH - Product / Service
- Exhibit 113: AHN Biotechnologie GmbH - Key offerings

12.4 Benchmark Scientific Inc.
- Exhibit 114: Benchmark Scientific Inc. - Overview
- Exhibit 115: Benchmark Scientific Inc. - Product / Service
- Exhibit 116: Benchmark Scientific Inc. - Key offerings

12.5 Biosan
- Exhibit 117: Biosan - Overview
- Exhibit 118: Biosan - Product / Service
- Exhibit 119: Biosan - Key offerings

12.6 Camlab Ltd.
- Exhibit 120: Camlab Ltd. - Overview
- Exhibit 121: Camlab Ltd. - Product / Service
- Exhibit 122: Camlab Ltd. - Key offerings

12.7 Cole Parmer Instrument Co. LLC
- Exhibit 123: Cole Parmer Instrument Co. LLC - Overview
- Exhibit 124: Cole Parmer Instrument Co. LLC - Product / Service
- Exhibit 125: Cole Parmer Instrument Co. LLC - Key news
- Exhibit 126: Cole Parmer Instrument Co. LLC - Key offerings

12.8 Corning Inc.
- Exhibit 127: Corning Inc. - Overview
- Exhibit 128: Corning Inc. - Business segments
- Exhibit 129: Corning Inc. - Key news
- Exhibit 130: Corning Inc. - Key offerings
- Exhibit 131: Corning Inc. - Segment focus

12.9 Electron Microscopy Sciences
- Exhibit 132: Electron Microscopy Sciences - Overview
- Exhibit 133: Electron Microscopy Sciences - Product / Service
- Exhibit 134: Electron Microscopy Sciences - Key offerings

12.10 Falc Instruments Srl
- Exhibit 135: Falc Instruments Srl - Overview
- Exhibit 136: Falc Instruments Srl - Product / Service
- Exhibit 137: Falc Instruments Srl - Key offerings

12.11 Grant Instruments Cambridge Ltd.
- Exhibit 138: Grant Instruments Cambridge Ltd. - Overview
- Exhibit 139: Grant Instruments Cambridge Ltd. - Product / Service
- Exhibit 140: Grant Instruments Cambridge Ltd. - Key offerings

12.12 Heidolph Instruments GmbH and CO. KG
- Exhibit 141: Heidolph Instruments GmbH and CO. KG - Overview
- Exhibit 142: Heidolph Instruments GmbH and CO. KG - Product / Service
- Exhibit 143: Heidolph Instruments GmbH and CO. KG - Key offerings

12.13 IKA Werke GmbH and CO. KG
- Exhibit 144: IKA Werke GmbH and CO. KG - Overview
- Exhibit 145: IKA Werke GmbH and CO. KG - Product / Service
- Exhibit 146: IKA Werke GmbH and CO. KG - Key offerings

12.14 Merck KGaA
- Exhibit 147: Merck KGaA - Overview
- Exhibit 148: Merck KGaA - Product / Service
- Exhibit 149: Merck KGaA - Key offerings

12.15 Thermo Fisher Scientific Inc.
- Exhibit 150: Thermo Fisher Scientific Inc. - Overview
- Exhibit 151: Thermo Fisher Scientific Inc. - Business segments
- Exhibit 152: Thermo Fisher Scientific Inc. - Key news
- Exhibit 153: Thermo Fisher Scientific Inc. - Key offerings
- Exhibit 154: Thermo Fisher Scientific Inc. - Segment focus

12.16 VELP Scientifica Srl
- Exhibit 155: VELP Scientifica Srl - Overview
- Exhibit 156: VELP Scientifica Srl - Product / Service
- Exhibit 157: VELP Scientifica Srl - Key offerings

12.17 VWR International LLC
- Exhibit 158: VWR International LLC - Overview
- Exhibit 159: VWR International LLC - Product / Service
- Exhibit 160: VWR International LLC - Key offerings

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist
- Exhibit 161: Inclusions checklist
- Exhibit 162: Exclusions checklist

13.3 Currency conversion rates for US$
- Exhibit 163: Currency conversion rates for US$

13.4 Research methodology
- Exhibit 164: Research methodology
- Exhibit 165: Validation techniques employed for market sizing
- Exhibit 166: Information sources

13.5 List of abbreviations
- Exhibit 167: List of abbreviations

Methodology

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

Manufacturers and suppliers
Channel partners
Industry experts
Strategic decision makers

Secondary sources

Industry journals and periodicals
Government data
Financial reports of key industry players
Historical data
Press releases

DATA ANALYSIS

Data Synthesis

Collation of data
Estimation of key figures
Analysis of derived insights

Data Validation

Triangulation with data models
Reference against proprietary databases
Corroboration with industry experts

REPORT WRITING

Qualitative

Market drivers
Market challenges
Market trends
Five forces analysis

Quantitative

Market size and forecast
Market segmentation
Geographical insights
Competitive landscape

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Key Questions Answered

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What are the revenue-generating key market segments?
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What are the latest trends influencing the growth of this market?
What are the variables influencing the market growth in the primary regions?
What are the factors influencing the growth of the parent market?

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