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The laboratory centrifuge market is forecasted to achieve high growth in the coming few years with a forecast CAGR (compound annual growth rate) of more than 3%, as per The Business Research Company’s market report!

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The Laboratory Centrifuge Market Size In 2022 And Forecast

The global laboratory centrifuge market is expected to grow from $1.39 billion in 2021 to $1.44 billion in 2022 at a compound annual growth rate (CAGR) of 3.29%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, affecting many markets across the globe. The laboratory centrifuge market is expected to reach $1.64 billion in 2026 at a CAGR of 3.32%.

The laboratory centrifuge market system consists of sales of laboratory centrifuge systems by entities (organizations, sole traders, and partnerships) that refer to a rotor-driven instrument designed to divide liquid samples at high rates of speed.

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Emergence Of Infectious Diseases Is Driving The Growth Of The Laboratory Centrifuge Market

Diseases such as SARS, Zika virus, Ebola, and COVID-19 have increasingly led to infections in various parts of the world, leading to an increase in the global disease burden. It is estimated that zoonotic infectious agents (infectious diseases of animals that evolve to infect human hosts) constitute about 60% of the known human pathogens and up to 75% of emerging human pathogens. Climate change is expected to bring major changes to the epidemiology of infectious diseases through changes in microbial and vector geographic ranges. Microbes can adapt to higher temperatures, and thus there is a growing concern that global warming will select for microbes with higher heat tolerance that can defeat human endothermy defenses, bringing new infectious diseases, and changing the epidemiology of many existing diseases. Laboratory centrifuge systems are used for cell, organelle, virus, protein, and nucleic acid purification. Thus, the emergence of infectious diseases drives the demand for lab testing solutions, hence driving the laboratory centrifuge market.

Competitive Landscape And The Regional Analysis Of The Laboratory Centrifuge Market

Major players in the laboratory centrifuge market are Danaher Corporation, Sartorius, NuAire, Eppendorf AG, Thermo Fisher Scientific Inc., Sigma Laborzentrifugen GmbH, Hitachi Koki Co., Ltd., Andreas Hettich GmbH & Co. KG, Kubota Corporation, Becton, Dickinson and Company, QIAGEN N.V., Laby Instruments Industry, REMI GROUP, Narang Medical Limited and Harvard Bioscience, Inc.

Additionally, as per TBRC’s research – North America was the largest region in the laboratory centrifuge market in 2021 holding the largest market share.

The Laboratory Centrifuge Global Market Report 2022 covers regional data on key drivers, opportunities, and strategies for the seven major regions of the world that are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa. The countries covered in the laboratory centrifuge market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA. The report includes market size and forecast market shares for all the regions and countries with respect to the major players of the laboratory centrifuge market.

Technological Advancement – A Key Trend In The Laboratory Centrifuge Market

Companies in the laboratory centrifuge market are focusing on developing better and more efficient devices with advanced workflows.

Laboratory Centrifuge Market Segmentation By The Business Research Company

1) By Product: Equipment, Accessories

2) By Model Type: Benchtop Centrifuges, Floor-Standing Centrifuges

3) By Rotor Design: Fixed-Angle Rotors, Swinging-Bucket Rotors, Vertical Rotors, Other Rotors

4) By Application: Diagnostics, Microbiology, Cellomics, Genomics, Proteomics, Blood Component Separation, Other Applications

5) By End User: Hospitals, Biotechnology And Pharmaceutical Companies, Academic And Research Institutions

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