The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s laboratory centrifuge market report forecasts the laboratory centrifuge market size to grow to $1.83 Billion by 2027, with a CAGR (compound annual growth rate) of more than 4%.

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Laboratory Centrifuge Market Size Forecast
The global laboratory centrifuge market is expected to grow from $1.45 billion in 2022 to $1.52 billion in 2023 at a compound annual growth rate (CAGR) of 4.4%. 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, causing inflation across goods and services and affecting many markets across the globe. The laboratory centrifuge market size is expected to grow to $1.83 billion in 2027 at a CAGR of 4.7%.

North America held the largest laboratory centrifuge market share.

Key Laboratory Centrifuge Market Driver ­– Rise In Emergence Of Infectious Diseases
Diseases such as SARS, the 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.

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Key Laboratory Centrifuge Market Trend – Technological Advancement
Companies in the laboratory centrifuge market are focusing on developing better and more efficient devices with advanced workflows. For instance, in 2021, Germany-based life science company Eppendorf launched a new centrifuge designed to increase efficiency in the laboratory, the Centrifuge 5910 Ri. The new device offers scientists advanced features to simplify and accelerate the centrifugation steps of their workflow and allows for remote monitoring of the device.

Laboratory Centrifuge Market Segment
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

Laboratory Centrifuge Market Major Players and Strategies
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.

In March 2020, Germany-based life science company Eppendorf AG acquired Koki Holdings Co., Ltd.’s centrifuge business for an undisclosed amount. Through this acquisition, Eppendorf AG expands its centrifuge business and solidifies its strong market position to cater to the pharma and life science industries, as well as academic and commercial research. Koki Holdings Co., Ltd. is a Japanese power/air tool manufacturer.

The Laboratory Centrifuge Global Market Report 2023 covers regional data on laboratory centrifuge market size, laboratory centrifuge market trends and drivers, opportunities, strategies, and laboratory centrifuge market competitor analysis. 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, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

A laboratory centrifuge is a laboratory device used for separating the contents of a solution based on density using centrifugal force. Laboratory centrifuge systems are used in research laboratories, hospitals, or any facility that segregates material from liquid sample preparations.

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