Laboratory centrifuges are used to separate particles from a sample solution based on their shape, size, density, viscosity of the medium, and rotor speed. Clinical centrifuges enable the separation of whole blood components, such as serum, plasma, buffy coat, red blood cells, as well as other bodily fluids.
According to a new research report from Market Research Reports Search Engine (MRRSE), the global laboratory centrifuge market is expected to be worth US$1,833.29 mn by the end of 2025, increasing from US$1,400.00 mn in 2016. It is expected that the market will grow at a CAGR of 3.1% during the forecast period 2017-2025.The key factors that are expected to drive the global market in the coming years are the widening applications of laboratory centrifuges and growing number of diagnostic centers.
The report divides the market into five broad segments on the basis of capacity, components, temperature, end-user and geography. The highlights the report based on these classifications are as follows:
- By capacity, the market is segmented into microcentrifuges, medium capacity centrifuges and large capacity centrifuges. Owing to the multiple applications of medium capacity centrifuges in the life science industry and their ability to accommodate different types, sizes and volume of centrifuge tubes, this segment is anticipated to record highest growth rate during the forecast period. Frequently used by the blood banks for blood component separation, large capacity units are also used by the biopharmaceutical companies for batch production and sample preparation.
- By component, the market is segmented into instruments and rotors. The rotors are further divided into swing out rotors and fixed angle rotors. The swing out rotors segment is predicted to reach the highest growth rate during the forecast period and is expected to marginally gain its market share by the end of 2025.
- By temperature, the market is segmented into refrigerated and non-refrigerated models. The end-users for laboratory centrifuges include hospitals and diagnostic centers, pharmaceutical and biotechnology companies, blood banks and academic and research institutes.
- Region-wise, the report segments the market into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
- In 2016, North America and Europe accounted for the leading share of global laboratory centrifuge market, driven by their large base of biopharmaceutical industry and diagnostics laboratories. Also, rapid expansion and increasing number of diagnostics labs in these regions would propel the demand for laboratory centrifuges during the forecast period.
- Rapidly improving healthcare facilities in the countries like India, China, South Korea, and Malaysia are expected to lead to an exponential growth rate in the Asia Pacific region.
- Latin America, the Middle East and Africa are expected to maintain steady growth rates during the forecast period.
Top manufacturers operating in this global laboratory centrifuge market include Sartorius AG, Thermo Fisher Scientific Inc., Eppendorf Group, Andreas Hettich GmbH & Co.KG, QIAGEN N.V., Hitachi Koki Co., Ltd. (Subsidiary of Hitachi, Ltd.), Beckman Coulter, Inc. (Subsidiary of Danaher Corporation), Sigma Laborzentrifugen GmbH, KUBOTA Corporation, and Cole-Parmer Instrument Company, LLC.( Subsidiary of GTCR firm).