Clinical laboratories and other healthcare settings use centrifuges for separating components of varying densities. Laboratory centrifuges are widely used in hospitals or pharmaceutical and chemical industries where they are used for extracting suspended material from a medium. The most commonly used laboratory centrifuge models are floor-standing, bench-top, micro-centrifuges, ultra and specialty types. According to a research report published by Orian Research, the global laboratory centrifuge market is estimated to register a CAGR of 3.2 % from 2017 to 2023.
The key factors behind this lab centrifuge market growth include
- rapid research based technological advancements and
- rise in the geriatric population
Owing to factors such as the high disposable income of the geriatric demographic in developed regions and the rising average age of death, the geriatric population has become a major funder to the healthcare sector in recent years. The growing geriatric demographic in regions such as North America and Europe and the steady government support to technologies that improve geriatric care is a key driver for this market in the given forecast period 2017-23.
Certain factors that impact the market’s growth include the aerosols released into the atmosphere during certain processes and the high costs of equipment. A standard restraint is that the equipment is long lasting, resulting in the reduction of sales.
Target audience of this market include government and research organizations, raw material suppliers and distributors, product manufacturers, distributors, and dealers, research and consulting firms and Potential investors.
Key players mentioned in the report include Thermo Fisher Scientific Inc., Beckman Coulter, Inc. (A Subsidiary Of Danaher Corporation), Eppendorf AG, Kubota Corporation, Sigma Laborzentrifugen, Hitachi Koki Co., Ltd. (A Part Of Hitachi, Ltd.), NUAIRE, QIAGEN, Becton Dickinson And Company and HETTICH Lab Technology Alfa Laval.