Laboratory Sieve Shakers are equipment used to separate particulate substances based on the particle size range. It helps in separating powders, granules and other particulates into various size ranges for quality control and research purposes. Key applications include pharmaceutical, chemical, mining and food industries where particle size analysis is important. The pharmaceutical industry has been a major growth driver due to stringent regulatory norms for quality analysis.
The global Laboratory Sieve Shaker Market is estimated to be valued at US$ 3.5 Bn in 2023 and is expected to exhibit a CAGR of 11.% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market key trends:
The pharmaceutical industry has been driving growing adoption of laboratory sieve shakers as particle size distribution and analysis is a critical quality parameter checked at various stages of drug development and manufacturing. Regulatory bodies like FDA mandates specific particle size distribution for drug formulations. This has pushed pharmaceutical companies to extensively use laboratory sieve shakers for in-process quality checks as well as for final product testing. Advanced features like touchscreen controls, data logging and compatibility with automated sampling systems are gaining popularity in the pharmaceutical industry to help streamline production and ensure compliance to quality standards. Growing pharmaceutical manufacturing worldwide will further augment demand for technologically advanced laboratory sieve shakers in the coming years.
Segment Analysis
The global laboratory sieve shaker market is dominated by the laboratory scale segment owing to high demand from research institutes and small scale laboratories for testing of sample size and weight. The laboratory scale segment holds over 55% share of the market and is expected to witness steady growth due to increasing number of start-ups and small research firms globally. Subsequent segments include pilot scale and manufacturing scale sieve shakers which find application in quality check of raw materials in industries such as chemicals and pharmaceuticals.
Key Takeaways
The global Laboratory Sieve Shaker Market Growth is expected to witness high growth supported by rising expenditure on research and development activities globally. The North America region currently dominates the market with over 35% share supported by presence of major pharmaceutical companies and rapid adoption of advanced technologies in countries like US and Canada.
Key players operating in the Laboratory Sieve Shaker market are Gilson Company, Inc., Russell Finex Ltd., Retsch GmbH, Lao Soung Machinery Co. Ltd., Endecotts Ltd., Bionics Scientific Technologies Ltd., and Thermo Fischer Scientific, Advantech Manufacturing, Dual Manufacturing Co., Inc., and GKM Siebtechnik GmbH.
The Asia Pacific region is expected to be the fastest growing regional market for laboratory sieve shakers driven by rising investments in life science research from China, India and other ASEAN countries.
Key players operating in the Laboratory Sieve Shaker market are Gilson Company, Inc., Russell Finex Ltd., Retsch GmbH, Lao Soung Machinery Co. Ltd., Endecotts Ltd., Bionics Scientific Technologies Ltd., and Thermo Fischer Scientific, Advantech Manufacturing, Dual Manufacturing Co., Inc., and GKM Siebtechnik GmbH.
For more insights, read- https://www.ukwebwire.com/laboratory-sieve-shaker-market-trends-size-and-share-analysis/
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