Centrifuges are indispensable tools in any laboratory as they are used for various applications such as separating different components in liquids and for different research purposes in the field of biology, chemistry, and organic chemistry. The recent Transparency Market Research report predicts that the global laboratory centrifuge market will witness rapid growth during the forecast period of 2017 to 2025.
The most commonly used laboratory centrifuges are floor-standing centrifuges, bench-top centrifuges, micro-centrifuges, ultra centrifuges, and specialty centrifuges. Scientists and researchers use centrifuges for various applications such as new molecule development in drug discovery, specimen preparation, and analysis of foreign particles.
Key factors that will boost the market growth include:
- increasing prevalence and incidence of diseases
- rising demand for in vitro diagnostic products for use in diagnosis and treatment of diseases
- rise in geriatric population
- technological advancements, and
- greater emphasis on the launch of new products by market players
However, factors such as the high cost of medical devices and instruments and strict guidelines followed by regulatory bodies are expected to restrain the market growth.
The report divides the market on the basis of product type, intended use, application, end-user, and region. Based on product type, the market is divided into micro, multipurpose, floor-standing, and ultracentrifuge models. Owing to factors such as increase in numerous applications such as biomedical and biochemical analysis that requires centrifugation of a small amount of liquid and blood transfusion, processing of blood, and other related tissues, the micro-centrifuges segment is expected to dominate the market.
When it comes to intended use, the market is segmented into general purpose, clinical, preclinical, and preparative ultracentrifuges. Attributed to rise in demand for diagnostic devices and increase in usage of clinical centrifuges for clinical research studies across research institutes, the general purpose centrifuges and clinical centrifuges segments are anticipated to dominate the market.
In the application segment, diagnostic, microbiology, and blood component segments are anticipated to dominate the centrifuge market. Geographically, North America is the largest market for laboratory centrifuge due to rising number of infectious diseases that has increased awareness among people about the need for early diagnosis of diseases. The market in Asia Pacific is projected to witness a high growth due to unmet needs of the growing population.
Key players operating in the market include Becton Dickinson, Danaher, QIAGEN, Thermo Fisher Scientific, Agilent Technologies, Andreas Hettich, Bio-Rad Laboratories, Eppendorf, and Harvard Bioscience.