Global Market
Medical Equipment

Lab Supplies Market Forecast and Analysis: Key Insights into Growth, Trends, and Emerging Opportunities

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How Will the Growth Rate of the Lab Supplies Market Shape Industry Trends by 2034?

The market size for laboratory centrifuge has experienced stable growth in the past few years. The market is forecasted to expand from $1.59 billion in 2024 to $1.67 billion in 2025, with a compound annual growth rate (CAGR) of 4.8%. The growth observed in the historical period is credited to its role in scientific discoveries, education, the burgeoning healthcare infrastructure, its indispensable role in blood banking and transfusion medicine, and its application in the industrial and pharmaceutical sectors.

In the coming years, the laboratory centrifuge market is predicted to experience considerable growth, reaching a value of $2.16 billion in 2029 with a compound annual growth rate (CAGR) of 6.6%. The anticipated growth during this forecasted period can be credited to the incorporation of data analytics, the implementation of point-of-care testing, increased investment in life sciences, emphasis on bioprocessing and biopharmaceuticals, and a shift towards personalized medicine. Trends expected to shape the market during the forecast period are an enhanced focus on user experience, the adoption of disposable technologies, remote monitoring and connecting capabilities, the integration of safety features, and customization and modular design strategies.

What Major Innovations Are Driving the Accelerated Growth of the Market?

The rise in infectious diseases is propelling the expansion of the laboratory centrifuge market. Illnesses like SARS, Zika virus, Ebola, and COVID-19 have progressively resulted in infections worldwide, thereby augmenting the global disease burden. It’s predicted that zoonotic infectious agents, which are diseases of animals that evolve to infect humans, make up approximately 60% of the recognized human pathogens and about 75% of emerging ones. Major alterations to the epidemiology of infectious diseases are expected thanks to climate change and changes in geographic ranges of microbes and vectors. With microbes capable of adapting to warmer conditions, concerns are growing that global warming will favour heat-tolerant microbes that can overcome human endothermy defenses, leading to the emergence of new infectious diseases and altering the epidemiology of many existing ones. Laboratory centrifuge systems are necessary for the purification of cells, organelles, viruses, proteins, and nucleic acids. As an illustration, data released by the UK Health Security Agency in August 2024 reported 368 measles cases in England in 2023, a striking increase from the 53 cases in 2022, with the West Midlands and London making up 44% and 33% of the cases respectively. As a result, the rise of infectious diseases escalates the demand for lab testing solutions, thereby propelling the laboratory centrifuge market.

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Who Are the Key Market Players Influencing the Growth of the Lab Supplies Industry?

Major companies operating in the laboratory centrifuge market include:

• Panasonic Corporation_x000D_

• Thermo Fisher Scientific Inc._x000D_

• Danaher Corporation_x000D_

• Corning Inc._x000D_

• Agilent Technologies Inc._x000D_

What Key Market Trends Are Shaping the Future of the Lab Supplies Industry?

Innovations in technology are becoming an increasingly popular trend in the laboratory centrifuge market. Companies within this market are prioritizing the creation of newer, more efficient devices that feature advanced workflow processes. As an example, Thermo Fisher Scientific, an American company specializing in life science and biotechnology research, rolled out the DynaSpin Single-Use Centrifuge System in September 2022. This system, capable of enhancing efficiency in large-scale cell culture harvesting, not only reduces the need for materials and waste but also boosts product yield compared to conventional systems. Additionally, it cuts downtime, encourages scalability, and guarantees adherence to regulatory norms, thus serving as a dependable solution for the bioprocessing sector.

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Which Segments of the Lab Supplies Market Hold the Most Potential for Future Development?

The laboratory centrifuge market covered in this report is segmented –

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

Subsegments:

1) By Equipment: Floor Model Centrifuges, Bench-Top Centrifuges, Ultracentrifuges, Microcentrifuges, High-Speed Centrifuges, Refrigerated Centrifuges, Clinical Centrifuges, Continuous Flow Centrifuges

2) By Accessories: Rotors, Buckets, Adapters, Tubes And Containers, Cleaning And Maintenance Kits

Which Regions Are Emerging as Leaders in the Lab Supplies Market?

North America was the largest region in the laboratory centrifuge market in 2024. The regions covered in the laboratory centrifuge market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Defines the Scope of the Laboratory Centrifuge Market?

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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