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Global Laboratory Centrifuge Market Size By Type of Centrifuge (Microcentrifuges, Benchtop Centrifuges), By Application (Biotechnology, Clinical Diagnostics), By End-User (Hospitals and Diagnostic Centers, Biotechnology and Pharmaceutical Companies), By Geographic Scope And Forecast


Published on: 2024-08-06 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Laboratory Centrifuge Market Size By Type of Centrifuge (Microcentrifuges, Benchtop Centrifuges), By Application (Biotechnology, Clinical Diagnostics), By End-User (Hospitals and Diagnostic Centers, Biotechnology and Pharmaceutical Companies), By Geographic Scope And Forecast

Laboratory Centrifuge Market Size And Forecast

Laboratory Centrifuge Market size was valued at USD 1.17 Billion in 2024 and is projected to reach USD 1.42 Billion by 2031, growing at a CAGR of 2.5% from 2024 to 2031.

  • A laboratory centrifuge is a device used to separate components of a mixture based on their density by spinning them at high speed. The centrifugal force generated by the rotation causes denser particles to move outward to the bottom of the tube, while lighter particles remain closer to the center.
  • Laboratory centrifuges are essential tools used in a variety of fields for the separation of mixtures based on density. In clinical laboratories, they play a critical role in processing blood samples, allowing for the separation of plasma or serum, which is vital for diagnostic tests and medical research.
  • In research laboratories, particularly in molecular biology and biochemistry, centrifuges are used to isolate and purify cells, nucleic acids, proteins, and other cellular components, facilitating a wide range of experimental procedures.
  • The pharmaceutical industry relies on centrifuges for the separation and purification of compounds during drug development and manufacturing processes.
  • Environmental testing laboratories use centrifuges to separate suspended solids from liquids in environmental samples, aiding in pollution monitoring and analysis.
  • Additionally, the food and beverage industry employs centrifuges to separate components such as fats from milk in dairy processing, ensuring product quality and consistency.

Global Laboratory Centrifuge Market Dynamics

The key market dynamics that are shaping the global laboratory Centrifuge market include

Key Market Drivers

  • Technological AdvancementsContinuous innovations in centrifuge technology, such as improved rotor designs and digital interfaces, enhance operational efficiency, accuracy, and user convenience, driving market growth. A study published in the Journal of Laboratory Automation in February 2024 found that new-generation centrifuges with advanced rotor designs improved sample processing speed by 30% while reducing noise levels by 40%.
  • Rising Demand for Clinical DiagnosticsThe increasing prevalence of diseases and the need for early and accurate diagnosis fuel the demand for laboratory centrifuges in clinical laboratories for blood and urine sample processing. The World Health Organization (WHO) reported in 2023 that global diagnostic testing volumes increased by 8% annually over the past five years.
  • Growth in Biotechnology and Pharmaceutical IndustriesExpanding research activities and drug development projects in the biotechnology and pharmaceutical sectors boost the need for centrifugation techniques for sample preparation and compound purification. The Biotechnology Innovation Organization reported in 2023 that R&D spending in the biotech sector reached $102 billion, a 7% increase from the previous year.
  • Environmental and Food Safety TestingHeightened awareness and regulatory requirements for environmental monitoring and food safety testing lead to increased use of centrifuges to separate contaminants and ensure compliance with standards.

Key Challenges

  • Maintenance and Operational CostsRegular maintenance and the potential need for repairs can lead to high operational costs, which may deter laboratories from investing in new centrifuge equipment. The American Society for Clinical Laboratory Science reported in 2023 that the average lifespan of a laboratory centrifuge is 7-10 years, with maintenance costs increasing significantly after the fifth year of operation.
  • Technical ComplexityThe complexity of advanced centrifuge systems requires skilled personnel for operation and maintenance, which can be a challenge for laboratories facing staff shortages or budget constraints. The U.S. Bureau of Labor Statistics reported in 2023 that there was a 5% shortage of qualified laboratory technicians, with the gap expected to widen to 7% by 2025.
  • Stringent Regulatory RequirementsCompliance with rigorous regulatory standards and certification processes can delay product launches and increase costs for manufacturers, impacting market dynamics. The European Medicines Agency (EMA) stated in its 2023 annual report that only 70% of laboratory equipment applications received initial approval, highlighting the stringent review process.
  • Limited Access in Developing RegionsInadequate healthcare infrastructure and limited financial resources in developing regions restrict the adoption of laboratory centrifuges, constraining market expansion in these areas. The World Health Organization (WHO) reported in 2023 that only 45% of laboratories in low-income countries had access to modern centrifuge equipment.

Key Trends

  • Miniaturization and PortabilityThe trend towards smaller, portable centrifuges is gaining traction, particularly in point-of-care settings and smaller laboratories. These compact devices provide the flexibility to perform essential centrifugation tasks without the need for large, stationary equipment. The College of American Pathologists reported in 2023 that 40% of point-of-care testing sites had adopted portable centrifuges, up from 25% in 2020.
  • Personalized Medicine and GenomicsThe increasing focus on personalized medicine and advancements in genomics research are driving the demand for precise and specialized centrifugation techniques. This trend is pushing the development of centrifuges that can handle delicate and specific sample processing needs. For instance, In May 2024, Thermo Fisher Scientific introduced its GenomeSpin centrifuge series, specifically designed for next-generation sequencing sample preparation. The company claims these devices can reduce DNA fragmentation by 40% compared to standard centrifuges.
  • Integration with IoT and ConnectivityThe incorporation of Internet of Things (IoT) capabilities allows for remote monitoring, real-time data analysis, and better management of laboratory processes. This connectivity enables laboratories to streamline operations and improve overall productivity. A survey by the Association of Laboratory Automation in 2023 found that 65% of large laboratories had implemented IoT-enabled laboratory equipment, including centrifuges, up from 45% in 2021.

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Global Laboratory Centrifuge Market Regional Analysis

Here is a more detailed regional analysis of the global laboratory centrifuge market

North America

  • North America holds a significant share of the global laboratory centrifuge market, driven by its advanced healthcare infrastructure, high research and development (R&D) expenditure, and the presence of major market players.
  • The region’s robust biotechnology and pharmaceutical sectors further boost demand for laboratory centrifuges.
  • Additionally, the strong focus on clinical diagnostics and substantial government funding for research activities contribute to the region’s leading position in the market.
  • North America’s commitment to technological innovation and regulatory compliance ensures the adoption of state-of-the-art centrifuge technologies, supporting the growth and development of the laboratory centrifuge market in this region.

Asia Pacific

  • Asia-Pacific is the fastest-growing region in the laboratory centrifuge market, driven by expanding healthcare infrastructure, rising investments in biotechnology and pharmaceutical industries, and increasing R&D activities.
  • Countries like China, India, and Japan are major growth hubs, contributing significantly to market expansion.
  • The region is experiencing growing adoption of advanced and automated centrifuge systems, supported by increasing government initiatives to enhance healthcare research.
  • The focus on developing cost-effective solutions to ensure wider accessibility and the expanding capabilities of healthcare facilities further propel the demand for laboratory centrifuges in Asia-Pacific.

Global Laboratory Centrifuge MarketSegmentation Analysis

The Global Laboratory Centrifuge Market is Segmented on the basis of Type of Centrifuge, Application, End-User, and Geography.

Laboratory Centrifuge Market, By Type of Centrifuge

  • Microcentrifuges
  • Benchtop Centrifuges
  • Floor Standing Centrifuges
  • Ultracentrifuges

Based on Type of Centrifuge, the Global Laboratory Centrifuge Market is bifurcated into Microcentrifuges, Benchtop Centrifuges, Floor Standing Centrifuges, and Ultracentrifuges. Benchtop centrifuges dominate the laboratory centrifuge market due to their versatility, compact size, and wide applicability across various laboratory settings. These centrifuges are commonly used for routine sample preparation, including clinical diagnostics, biotechnology research, and pharmaceutical applications. Their ease of use and cost-effectiveness make them highly preferred in both academic research institutes and diagnostic laboratories. Microcentrifuges are the rapidly growing segment, driven by their specialized application in molecular biology, genetics, and life sciences research.

Laboratory Centrifuge Market, By Application

  • Biotechnology
  • Clinical Diagnostics
  • Pharmaceuticals
  • Research

Based on Application, the Global Laboratory Centrifuge Market is bifurcated into Biotechnology, Clinical Diagnostics, Pharmaceuticals, and Research. Clinical diagnostics dominates the laboratory centrifuge market due to the critical role centrifuges play in processing blood, urine, and other samples for diagnostic tests. These devices are essential for separating plasma or serum from whole blood, enabling accurate and timely diagnosis of various medical conditions, which drives their widespread adoption in hospitals and diagnostic laboratories. Biotechnology is the rapidly growing segment, fueled by increasing research activities and investments in areas such as genomics, proteomics, and molecular biology.

Laboratory Centrifuge Market, By End-User

  • Hospitals and Diagnostic Centers
  • Biotechnology and Pharmaceutical Companies
  • Academic and Research Institutes

Based on End-User, the Global Laboratory Centrifuge Market is bifurcated into Hospitals and Diagnostic Centers, Biotechnology and Pharmaceutical Companies, Academic and Research Institutes. Hospitals and diagnostic centers dominate the laboratory centrifuge market as they are the primary users of centrifuges for clinical diagnostics and medical testing purposes. These facilities require centrifuges to separate blood components, analyze samples, and conduct routine diagnostic procedures efficiently. The continuous demand for accurate and rapid diagnostic results drives the dominance of this segment in the market. Biotechnology and Pharmaceutical Companies are the rapidly growing segment, fueled by increasing investments in drug discovery, biopharmaceutical research, and molecular diagnostics.

Laboratory Centrifuge Market, By Geography

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Based on Geography, the Global Laboratory Centrifuge Market is classified into North America, Europe, Asia Pacific, and the Rest of the World. North America dominates the laboratory centrifuge market, driven by its advanced healthcare infrastructure, high research and development (R&D) investments, and the presence of leading biotechnology and pharmaceutical companies. The region’s robust adoption of advanced laboratory technologies and stringent regulatory standards further bolster its dominant position in the market. Asia Pacific is the rapidly growing segment in the laboratory centrifuge market, fueled by expanding healthcare facilities, increasing investments in biotechnology and pharmaceutical industries, and rising R&D activities.

Key Players

The “Global Laboratory Centrifuge Market” study report will provide valuable insight with an emphasis on the global market.  The major players in the market are Thermo Fisher Scientific, Inc., Andreas Hettich GmbH & Co. KG, Danaher Corporation, Eppendorf AG, and HERMLE Labortechnik GmbH.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Laboratory Centrifuge Market Key Developments

  • In January 2021, Thermo Fisher Scientific launched a new range of high-speed centrifuges designed for biopharmaceutical and biotechnology applications, enhancing laboratory efficiency and sample processing capabilities.
  • In March 2021, Eppendorf AG introduced the Centrifuge 5910 Ri, featuring an advanced touchscreen interface and connectivity options, aimed at improving user experience and integration with laboratory information systems.
  • In June 2021, Beckman Coulter Life Sciences announced the release of the Optima XPN series ultracentrifuges, which offer enhanced performance, safety features, and digital monitoring capabilities for critical laboratory applications.
  • In September 2021, Hettich Lab Technology launched the ROTINA 420 series centrifuges, focusing on high-capacity and versatility, catering to various laboratory needs from clinical to research environments.
  • In November 2021, KUBOTA Corporation introduced the KS-7000 series refrigerated centrifuges, designed to provide precise temperature control and high-speed separation for sensitive biological samples.

Report Scope

REPORT ATTRIBUTESDETAILS
STUDY PERIOD

2021-2031

BASE YEAR

2024

FORECAST PERIOD

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

KEY COMPANIES PROFILED

Thermo Fisher Scientific Inc., Andreas Hettich GmbH & Co. KG, Danaher Corporation, Eppendorf AG, HERMLE Labortechnik GmbH.

SEGMENTS COVERED

By Type of Centrifuge, By Application, By End-User, and By Geography.

CUSTOMIZATION SCOPE

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Reasons to Purchase this Report

• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes an in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support

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