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Single-use Centrifuge System Market | Top Trends and Key Players Analysis Report 2031

10-12-2022 08:49 AM CET | Health & Medicine

Press release from: Transparency Market Research

Single-use Centrifuge System Market

Single-use Centrifuge System Market

Single-use Centrifuge System Market Outlook 2031

• The global single-use centrifuge system market was valued at US$ 222.5 Mn in 2020

• It is estimated to expand at a CAGR of 5.5% from 2021 to 2031

• The global single-use centrifuge system market is expected to reach the value of US$ 400.5 Mn by the end of 2031

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Benchtop Centrifuge Systems versus Continuous Flow Centrifuge Systems: Which is Better?
Companies in the global single-use centrifuge system market are innovating in benchtop centrifuge and continuous flow centrifuge systems. The benchtop centrifuge segment is projected to account for a major share of the single-use centrifuge system market during the forecast period, as benchtop centrifuges are cost-effective, versatile, easy-to-use, smaller, and considerably lighter than continuous flow centrifuge systems.

Moreover, the growth of benchtop centrifuge systems can be attributed to the advantage of accommodating the instrument on a benchtop in small laboratories or conserving space. Additionally, these instruments find applications in day-to-day activities at laboratories, including isolation of cells.

Single-use Centrifuge Systems Witness Slow Demand amid Ongoing COVID-19 Outbreak
The reopening of country borders is helping to resolve transport and logistic issues, owing to stringent regulations being followed during transport of raw materials for the single-use centrifuge system market.

Import and export of single-use centrifuge systems are projected to rise, owing to increase in shipment and demand for essential applications amid the ongoing COVID-19 outbreak.

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The industry is likely to witness steady expansion driven by the increase in the demand for systems and better resolution of supply chain issues in various countries. Manufacturers based in the Western Hemisphere have been making significant progress in the past few years to secure themselves against volatility in supply from Asia, and China in particular, by moving the bulk production to their respective countries.

Cell Harvest/Clarification Applications Gain Prominence in Single-use Centrifuge System Market

Vaccine manufacturing, cell harvest/clarification, blood processing, and other applications are gaining prominence in the single-use centrifuge system market. The cell harvest/clarification segment held a major market share in 2020. The usage of single-use centrifuge system in cell harvest/clarification has increased, as it provides consistent results, caters to ease of application, offers speed & linear scalability, and when combined with precipitation, it effectively converts the cell harvesting step from a two-stage process into a single-stage operation, saving both time & money.

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Vaccine manufacturing was the second-largest segment, in terms of market share, in 2020. The rise in demand for new vaccine development and manufacturing due to the outbreak of pandemic diseases has led to increase in use of single-use products such as centrifuge in vaccine manufacturing.

Companies Unlock Revenue Opportunities in Ever-increasing Biotechnology Applications

Companies in the single-use centrifuge system market are increasing the availability of devices in hospitals & diagnostic centers, pharmaceutical & biotechnology companies, blood banks, and academic & research institutes, among others.
Hospitals & diagnostic centers are anticipated to dominate the highest revenue share among all end-use types in the single-use centrifuge system market throughout the assessment period. Growth of the leading diagnostic laboratory service providers & hospital chains across the world and increase in burden of biological sample processing in pathological labs are steering the demand for single-use centrifuges.

After hospitals, med-tech companies are targeting pharmaceutical & biotechnology companies to expand their revenue streams. The recent trend of adoption of single-use technologies in the biopharmaceutical industry has influenced the development of single-use centrifuge systems that offer reduced cleaning cost, fewer hardware requirements, and faster equipment turnaround times.

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Blood Processing Applications Create Stable Income Sources for Market Participants

Hospitals and diagnostic centers process large numbers of biological samples for analysis and diagnosis of several types of diseases. These centers process various samples such as urine, blood & blood components, plasma, serum, and tissue samples. Increase in demand for single-use centrifuge systems in hospitals and diagnostic laboratories is likely to drive the market during the forecast period. Additionally, rise in awareness about advanced early diagnosis and treatment, leading to an increase in number of diagnostic tests conducted in private & public laboratories is boosting the demand for single-use centrifuge systems.

Furthermore, increase in incidence of blood-related disorders and rise in usage of single-use centrifuge in blood processing are likely to drive the market during the forecast period.

Single-use Centrifuge System Market: Overview

• A centrifuge is a device that separates particles from a solution using a rotor. Centrifugation is a technique used to separate cells, subcellular organelles, or large molecules. Separation is achieved by spinning a vessel containing material at high speed; the centrifugal force pushes heavier materials to the outside of the vessel.

• In the past few years, major players focused on design and development of single-use centrifuge systems for vaccine manufacturing, cell harvesting, blood processing and others applications. Usage of single-use centrifuge systems in increasing because it helps to maintain safety and hygienic condition.

Single-use Centrifuge System Market: Key Drivers

• Rapid growth of the life sciences industry is projected to drive the global single-use centrifuge system market during the forecast period. Demand for single-use centrifuges is largely dependent on the expansion of the life sciences and food & beverage industries. Increase in demand for centrifuge equipment, owing to rise in applications in pharmaceutical, biotechnology, life science, and food & beverage industries primarily for the isolation/separation and characterization of desired components from sample solutions is anticipated to propel the global market.

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• Increase in use of single-use centrifuge system in the field of genomics and proteomics is likely to boost the growth of the global market over the next few years. Single-use centrifuge systems have wide applications in the fields of genomics and proteomics for the isolation of genetic materials and other biological components from sample solution even at quite low levels of volumes at low temperatures.

Market Segmentation: Single-use Centrifuge System Market

• In terms of type, the global single-use centrifuge system market has been bifurcated into benchtop centrifuge and continuous flow centrifuge

• Based on application, the global single-use centrifuge system market has been classified into vaccine manufacturing, cell harvest/clarification, blood processing, and others

• In terms of end-user, the global single-use centrifuge system market has been divided into hospitals & diagnostic centers, pharmaceutical & biotechnology companies, blood banks, academic & research institutes, and others (clinical laboratories, etc.)

• Each of the segments has been analyzed in detail for market trends, recent trends, and developments, drivers, restraints, opportunities, and useful insights. The single-use centrifuge system market report provides current and expected revenue (US$ Mn) for each of these segments from 2021 to 2031, considering 2020 as the base year. The compound annual growth rate (percentage CAGR) has been provided for each segment and market from 2021 to 2031, along with market size estimations.

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Regional Overview: Single-use Centrifuge System Market

• North America dominated the global single-use centrifuge system market in 2020, accounting for 38.5% share. The U.S. dominated the market in North America owing to factors such as early availability of technologically advanced products, increase in the geriatric population, and presence of a large number of single-use centrifuge system manufacturers.

• Asia Pacific is anticipated to gain market share during the forecast period. Product launches, acquisitions, distribution agreements, alliances, and geographical expansion by local players, especially in China and India, are expected to propel the single-use centrifuge system market in the region.

Major Players

• The single-use centrifuge system market report concludes with the company profiles section, which includes key information about major players in the global single-use centrifuge system market

• Leading players analyzed in the report include
o Beckman Coulter, Inc. (Danaher Corporation)
o Sartorius AG
o Becton
o Dickinson and Company
o Merck KGaA
o Thermo Fisher Scientific, Inc.
o Alfa Laval
o Pneumatic Scale Angelus
o GEA Group Aktiengesellschaft.

About Us

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.
Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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Transparency Market Research Inc.
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