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Growing Pharmaceutical Industries and Increasing R&D Activities are Driving the Growth of Vacuum Concentrators Market

(Medical-NewsWire.com, November 11, 2017 ) “Vacuum Concentrators Market: Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation”

The global vacuum concentrators market is segmented into end-user type such as hospitals, food industry, chemical industry, research laboratory, pharmaceutical industry, biotechnological industry and others. Among these segments, research laboratory and pharmaceutical industry are expected to witness considerable demand for vacuum concentrators during the forecast period. Technological advancements in healthcare sector and rising demand for vacuum concentrators for drug preparation are anticipated to bolster the growth of these segments during the forecast period.

Global vacuum concentrators market is expected to register a robust CAGR over the forecast period. Moreover, the global vacuum concentrators market is anticipated to reach at notable revenue by the end of 2024. The market is expected to expand on the back of factors such as rising technological advancements in laboratory instruments and increasing research activities in pharmaceutical and bio-technology industries.

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The Asia Pacific segment by region is likely to grow at remarkable pace during the forecast period. Increasing R&D activities in various industries and rising demand for vacuum concentrator in pharmaceutical industries are likely to be the key factors behind the growth of Asia Pacific vacuum concentrator market during the forecast period.

Technological Advancements in Research Laboratory Instruments

Increasing research & development activities across the globe is likely to fuel the demand for vacuum concentrator in future. Further, growing demand for advanced laboratory instruments such as vacuum concentrator in research laboratories are expected to drive the growth of global vacuum concentrator market during the forecast period.

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Vacuum Concentrator for Drug Development

Vacuum concentrators are highly used in pharmaceutical industries. Further, increasing adoption of vacuum concentrator in pharmaceutical industries for drug preparation is a major factor which is anticipated to escalate the growth of vacuum concentrator market during the forecast period.

However, high cost associated with vacuum concentrators is one of the major factors that are likely to inhibit the growth of the vacuum concentrators market in the near future.

The report titled “Vacuum Concentrators Market: Global Historical Growth (2012-2016) & Future Outlook (2017-2024) Demand Analysis & Opportunity Evaluation” delivers detailed overview of the global vacuum concentrators market in terms of market segmentation by lid type, by end-user type and by region.

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Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

This report also provides the existing competitive scenario of some of the key players of the global vacuum concentrators market which includes company profiling of Labconco, SciQuip Ltd., LaboGene (ScanVac), Analis, Welch Vacuum, Thermo Fisher Scientific, John Morris Scientific, Neutec Group Inc., Eppendorf AG and Martin Christ Gefriertrocknungsanlagen GmbH. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global vacuum concentrators market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

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