Global Hot Plate Stirrer Market 2024-2028

Global Hot Plate Stirrer Market 2024-2028


The hot plate stirrer market is forecasted to grow by USD 437.42 mn during 2023-2028, accelerating at a CAGR of 6.37% during the forecast period. The report on the hot plate stirrer market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advancements in design and functioning of hot plate stirrers, growth of primary end-users, and rapid growth of e-commerce.

Technavio's hot plate stirrer market is segmented as below:

By Material
  • Ceramic
  • Aluminum
By End-user
  • Pharmaceutical and chemical
  • Academic research and clinical biology
  • Others
By Geographical Landscape
  • North America
  • Europe
  • Asia
  • Rest of World (ROW)
This study identifies the increased level of automation and improved energy efficiency as one of the prime reasons driving the hot plate stirrer market growth during the next few years. Also, gaining prominence of magnetic stirrer solutions in biomedical sector and migration of manufacturing and sales facilities to Asia will lead to sizable demand in the market.

The report on the hot plate stirrer market covers the following areas:
  • Hot plate stirrer market sizing
  • Hot plate stirrer market forecast
  • Hot plate stirrer market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading hot plate stirrer market vendors that include 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.. Also, the hot plate stirrer market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.


  • Executive Summary
    • Market overview
      • Table Executive Summary – Chart on Market Overview
      • Table Executive Summary – Data Table on Market Overview
      • Table Executive Summary – Chart on Global Market Characteristics
      • Table Executive Summary – Chart on Market by Geography
      • Table Executive Summary – Chart on Market Segmentation by Material
      • Table Executive Summary – Chart on Market Segmentation by End-user
      • Table Executive Summary – Chart on Incremental Growth
      • Table Executive Summary – Data Table on Incremental Growth
      • Table Executive Summary – Chart on Vendor Market Positioning
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market Characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2023
    • Market outlook: Forecast for 2023-2028
      • Table Chart on Global - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Global - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Table Data Table on Global Market: Year-over-year growth 2023-2028 (%)
  • Historic Market Size
    • Global hot plate stirrer market 2018 - 2022
      • Table Historic Market Size – Data Table on global hot plate stirrer market 2018 - 2022 ($ million)
    • Material Segment Analysis 2018 - 2022
      • Table Historic Market Size – Material Segment 2018 - 2022 ($ million)
    • End-user Segment Analysis 2018 - 2022
      • Table Historic Market Size – End-user Segment 2018 - 2022 ($ million)
    • Geography Segment Analysis 2018 - 2022
      • Table Historic Market Size – Geography Segment 2018 - 2022 ($ million)
    • Country Segment Analysis 2018 - 2022
      • Table Historic Market Size – Country Segment 2018 - 2022 ($ million)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis - Comparison between 2023 and 2028
    • Bargaining power of buyers
      • Table Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • Threat of new entrants
      • Table Threat of new entrants – Impact of key factors in 2023 and 2028
    • Threat of substitutes
      • Table Threat of substitutes – Impact of key factors in 2023 and 2028
    • Threat of rivalry
      • Table Threat of rivalry – Impact of key factors in 2023 and 2028
    • Market condition
      • Table Chart on Market condition - Five forces 2023 and 2028
  • Market Segmentation by Material
    • Market segments
      • Table Chart on Material - Market share 2023-2028 (%)
      • Table Data Table on Material - Market share 2023-2028 (%)
    • Comparison by Material
      • Table Chart on Comparison by Material
      • Table Data Table on Comparison by Material
    • Ceramic - Market size and forecast 2023-2028
      • Table Chart on Ceramic - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Ceramic - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Ceramic - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Ceramic - Year-over-year growth 2023-2028 (%)
    • Aluminum - Market size and forecast 2023-2028
      • Table Chart on Aluminum - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Aluminum - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Aluminum - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Aluminum - Year-over-year growth 2023-2028 (%)
    • Market opportunity by Material
      • Table Market opportunity by Material ($ million)
      • Table Data Table on Market opportunity by Material ($ million)
  • Market Segmentation by End-user
    • Market segments
      • Table Chart on End-user - Market share 2023-2028 (%)
      • Table Data Table on End-user - Market share 2023-2028 (%)
    • Comparison by End-user
      • Table Chart on Comparison by End-user
      • Table Data Table on Comparison by End-user
    • Pharmaceutical and chemical - Market size and forecast 2023-2028
      • Table Chart on Pharmaceutical and chemical - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Pharmaceutical and chemical - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Pharmaceutical and chemical - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Pharmaceutical and chemical - Year-over-year growth 2023-2028 (%)
    • Academic research and clinical biology - Market size and forecast 2023-2028
      • Table Chart on Academic research and clinical biology - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Academic research and clinical biology - Market size and forecast 2023- 2028 ($ million)
      • Table Chart on Academic research and clinical biology - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Academic research and clinical biology - Year-over-year growth 2023-2028 (%)
    • Others - Market size and forecast 2023-2028
      • Table Chart on Others - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Others - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Others - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Others - Year-over-year growth 2023-2028 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user ($ million)
      • Table Data Table on Market opportunity by End-user ($ million)
  • Customer Landscape
    • Customer landscape overview
      • Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
  • Geographic Landscape
    • Geographic segmentation
      • Table Chart on Market share by geography 2023-2028 (%)
      • Table Data Table on Market share by geography 2023-2028 (%)
    • Geographic comparison
      • Table Chart on Geographic comparison
      • Table Data Table on Geographic comparison
    • North America - Market size and forecast 2023-2028
      • Table Chart on North America - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on North America - Market size and forecast 2023-2028 ($ million)
      • Table Chart on North America - Year-over-year growth 2023-2028 (%)
      • Table Data Table on North America - Year-over-year growth 2023-2028 (%)
    • Europe - Market size and forecast 2023-2028
      • Table Chart on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Europe - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • Asia - Market size and forecast 2023-2028
      • Table Chart on Asia - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Asia - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Asia - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Asia - Year-over-year growth 2023-2028 (%)
    • Rest of World (ROW) - Market size and forecast 2023- 2028
      • Table Chart on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Rest of World (ROW) - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Rest of World (ROW) - Year-over-year growth 2023-2028 (%)
    • US - Market size and forecast 2023-2028
      • Table Chart on US - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on US - Market size and forecast 2023-2028 ($ million)
      • Table Chart on US - Year-over-year growth 2023-2028 (%)
      • Table Data Table on US - Year-over-year growth 2023-2028 (%)
    • China - Market size and forecast 2023-2028
      • Table Chart on China - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on China - Market size and forecast 2023-2028 ($ million)
      • Table Chart on China - Year-over-year growth 2023-2028 (%)
      • Table Data Table on China - Year-over-year growth 2023-2028 (%)
    • UK - Market size and forecast 2023-2028
      • Table Chart on UK - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on UK - Market size and forecast 2023-2028 ($ million)
      • Table Chart on UK - Year-over-year growth 2023-2028 (%)
      • Table Data Table on UK - Year-over-year growth 2023-2028 (%)
    • Canada - Market size and forecast 2023-2028
      • Table Chart on Canada - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Canada - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Canada - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Canada - Year-over-year growth 2023-2028 (%)
    • Germany - Market size and forecast 2023-2028
      • Table Chart on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Data Table on Germany - Market size and forecast 2023-2028 ($ million)
      • Table Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Table Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
      • Table Data Tables on Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers
      • Advancements in design and functioning of hot plate stirrers
      • Growth of primary end-users
      • Rapid growth of e-commerce
    • Market challenges
      • Threat of substitution and limited success of promotional activities
      • Stringent government rules and regulations
      • Limited sample volume capacity
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges in 2023 and 2028
    • Market trends
      • Increased level of automation and improved energy efficiency
      • Gaining prominence of magnetic stirrer solutions in biomedical sector
      • Migration of manufacturing and sales facilities to Asia
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Overview on Criticality of inputs and Factors of differentiation
    • Landscape disruption
      • Table Overview on factors of disruption
    • Industry risks
      • Table Impact of key risks on business
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Matrix on vendor position and classification
    • AHN Biotechnologie GmbH
      • Table AHN Biotechnologie GmbH - Overview
      • Table AHN Biotechnologie GmbH - Product / Service
      • Table AHN Biotechnologie GmbH - Key offerings
    • Benchmark Scientific Inc.
      • Table Benchmark Scientific Inc. - Overview
      • Table Benchmark Scientific Inc. - Product / Service
      • Table Benchmark Scientific Inc. - Key offerings
    • Biosan
      • Table Biosan - Overview
      • Table Biosan - Product / Service
      • Table Biosan - Key offerings
    • Camlab Ltd.
      • Table Camlab Ltd. - Overview
      • Table Camlab Ltd. - Product / Service
      • Table Camlab Ltd. - Key offerings
    • Cole Parmer Instrument Co. LLC
      • Table Cole Parmer Instrument Co. LLC - Overview
      • Table Cole Parmer Instrument Co. LLC - Product / Service
      • Table Cole Parmer Instrument Co. LLC - Key news
      • Table Cole Parmer Instrument Co. LLC - Key offerings
    • Corning Inc.
      • Table Corning Inc. - Overview
      • Table Corning Inc. - Business segments
      • Table Corning Inc. - Key news
      • Table Corning Inc. - Key offerings
      • Table Corning Inc. - Segment focus
    • Electron Microscopy Sciences
      • Table Electron Microscopy Sciences - Overview
      • Table Electron Microscopy Sciences - Product / Service
      • Table Electron Microscopy Sciences - Key offerings
    • Falc Instruments Srl
      • Table Falc Instruments Srl - Overview
      • Table Falc Instruments Srl - Product / Service
      • Table Falc Instruments Srl - Key offerings
    • Grant Instruments Cambridge Ltd.
      • Table Grant Instruments Cambridge Ltd. - Overview
      • Table Grant Instruments Cambridge Ltd. - Product / Service
      • Table Grant Instruments Cambridge Ltd. - Key offerings
    • Heidolph Instruments GmbH and CO. KG
      • Table Heidolph Instruments GmbH and CO. KG - Overview
      • Table Heidolph Instruments GmbH and CO. KG - Product / Service
      • Table Heidolph Instruments GmbH and CO. KG - Key offerings
    • IKA Werke GmbH and CO. KG
      • Table IKA Werke GmbH and CO. KG - Overview
      • Table IKA Werke GmbH and CO. KG - Product / Service
      • Table IKA Werke GmbH and CO. KG - Key offerings
    • Merck KGaA
      • Table Merck KGaA - Overview
      • Table Merck KGaA - Product / Service
      • Table Merck KGaA - Key offerings
    • Thermo Fisher Scientific Inc.
      • Table Thermo Fisher Scientific Inc. - Overview
      • Table Thermo Fisher Scientific Inc. - Business segments
      • Table Thermo Fisher Scientific Inc. - Key news
      • Table Thermo Fisher Scientific Inc. - Key offerings
      • Table Thermo Fisher Scientific Inc. - Segment focus
    • VELP Scientifica Srl
      • Table VELP Scientifica Srl - Overview
      • Table VELP Scientifica Srl - Product / Service
      • Table VELP Scientifica Srl - Key offerings
    • VWR International LLC
      • Table VWR International LLC - Overview
      • Table VWR International LLC - Product / Service
      • Table VWR International LLC - Key offerings
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Inclusions and exclusions checklist
      • Table Inclusions checklist
      • Table Exclusions checklist
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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