Lewes, DE -- (SBWIRE) -- 02/16/2016 -- Report forecast the global magnetic stirrer market to grow at a CAGR of 5.4% during the period 2016-2020.

A magnetic stirrer is a device that uses a rotating magnetic field to cause a stirrer bar immersed in a solution to spin and stir the solution. Magnetic stirrers are primarily used in chemistry laboratories and clinics. Overhead stirrers are used in the place of magnetic stirrers for high volumes and more viscous samples.

The report covers the present scenario and the growth prospects of the global magnetic stirrer market for the period 2016-2020. The market size is calculated from the revenue generated by the top vendors in this product category.

The market is divided into the following segments based on products:
- Regular magnetic stirrer
- Hot-plate magnetic stirrer
- Multi-position magnetic stirrer

According to the report, the growth of the global magnetic stirrer market has been attributed to the expansion and increase in the number of research and testing facilities worldwide. The steady growth of the primary end-user industries for magnetic stirrers will also help the market to grow over the forecast period.

Further, the report states that the major challenge inhibiting the growth of the global magnetic stirrer market is the threat of substitution by advanced overhead stirrers.

Global Magnetic Stirrer Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Magnetic Stirrer Market: Corning, Grant Instruments, IKA-Works, Scientific Industries and Thermo Fisher Scientific.

Other Prominent Vendors in the market are: Argos, Azzota, Cole-Parmer, Dynalon, Hanna Instruments, Heidolph Instruments, Neutec Group, Scilogex, SEOH, and Troemner.

Market driver
- Advantages over other types of mixers
- For a full, detailed list, view our report

Market challenge
- Limited sample volume capacity
- For a full, detailed list, view our report

Market trend
- Rising government investments in the biomedical industry
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 60 pages and 33 Exhibit "Global Magenetic Stirrer Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by product, Market segmentation by end-users, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-magenetic-stirrer-market-2016-2020

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