The global laboratory centrifuge market is anticipated to grow at a CAGR of 2.5% during the forecast period (2021-2027). The market growth is mainly attributed to the growth in the increase in technological advancements and rising the number of chronic diseases across the globe. With the growth in population and climate change, there has been an increase in incidences of diseases which has led to an increase in the use of centrifuges for medical diagnosis in hospitals. According to the analysis of the Centers for Disease Control and Prevention (CDC), around 60% of adults in the US have at least one type of chronic disease. The centrifuge is considered as one of the key instruments in blood banks which is ideal to prepare packed cells, red blood cells, plasma, and platelets. It is particularly used for blood component separation and is ideal in detecting the diseases like malaria, African sleeping sickness, HIV, and tuberculosis.
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Furthermore, the introduction of high-speed centrifuges has significantly shortened the time necessary for centrifugation while also lowering the risk of hazards occurring during the process. Design improvements have made crucial equipment elements like rotors easier to repair and maintain. For instance, in March 2018, Eppendorf launched Centrifuge 5425. The new Centrifuge 5425 can hold around 24 vessels with a capacity of 1.5 or 2.0 mL containers. The range of molecular applications has been expanded due to a new swing-out rotor for 96 PCR tubes. A new fixed-angle rotor for 5 mL tubes makes it easier to harvest bacteria and yeast cells. Besides, in April 2020, the same company has announced the launch of Centrifuge 5910 Ri, a novel centrifuge designed to improve laboratory efficiency. Since its inception in 2018, the Centrifuge 5910 R, the flagship of Eppendorf’s multipurpose centrifuge line, has provided customers throughout the world with remarkable versatility and ease of use. Thus, the technological advancements by the major players and the rising number of chronic diseases that require laboratory centrifuge are the factors that drive the market f=growth during the forecast period.
Market Coverage
· The market number available for – 2020-2027
· Base year- 2020
· Forecast period- 2021-2027
Segment Covered-
· By Product Type
· By Application
· By End-Users
Regions Covered-
· North America
· Europe
· Asia-Pacific
· Rest of the World
· Competitive Landscape- Eppendorf AG, Thermo Fisher Scientific Inc., Bio-Rad Laboratories, Inc., Kubota Corp., PerkinElmer Inc., Merck KGaA, and Agilent Technologies, Inc., among others
Key questions addressed by the report
· What is the market growth rate?
· Which segment and region dominate the market in the base year?
· Which segment and region will project the fastest growth in the market?
· How has COVID-19 impacted the market?
· Deviation from the pre-COVID-19 forecast
· Most affected region and segment
· Who is the leader in the market?
· How players are addressing challenges to sustain growth?
· Where is the investment opportunity?
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Global Laboratory Centrifuge Market Report Segment
By Product Type
· Devices
· Microcentrifuge
· Multipurpose Centrifuge
· Floor-Based Centrifuge
· Ultracentrifuge
· Accessories (Tubes, Centrifuge Bottles, Buckets, Plates)
By Application
- Diagnostic
· Microbiology
· Genomics
· Proteomics
· Blood Component Separation
· Others (Cellomics)
By End-User
· Hospitals
· Academic & Research Institutes
· Biotechnology & Pharmaceutical Companies
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)