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Laboratory Centrifuge Market Growth and Forecast 2024-2033 - A Comprehensive Analysis || Panasonic Corporation, Thermo Fisher Scientific Inc., Abbott Laboratories
Laboratory Centrifuge Global Market Report 2024
The Business Research Company presents an extensive market research report on the Laboratory Centrifuge Global Market Report 2024 , furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The laboratory centrifuge market size has grown strongly in recent years. It will grow from $1.53 billion in 2023 to $1.61 billion in 2024 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to contribution to scientific discoveries, academic and educational purposes, historical expansion of healthcare infrastructure, role in blood banking and transfusion medicine, industrial and pharmaceutical use.
The laboratory centrifuge market size is expected to see strong growth in the next few years. It will grow to $2.02 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to integration of data analytics, adoption of point-of-care testing, rising investment in life sciences, focus on bioprocessing and biopharmaceuticals, shift towards personalized medicine. Major trends in the forecast period include focus on user experience, adoption of disposable technologies, remote monitoring and connectivity, integration of safety features, customization and modularity.
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Key Market Players:
Major companies operating in the laboratory centrifuge market report are Panasonic Corporation, Thermo Fisher Scientific Inc., Abbott Laboratories, Danaher Corporation, Becton Dickinson and Company, Corning Inc., Agilent Technologies Inc., Olympus Corporation, Sartorius AG, PerkinElmer Inc., Shimadzu Corporation, Bio-Rad Laboratories Inc., Hettich Holding GmbH & Co KG Eppendorf AG, Haier Biomedical Co Ltd., Heal Force Bio-Medical Engineering Co Ltd., Nuaire Limited, Harvard Bioscience Inc., REMI GROUP, Narang Medical Limited, Andreas Hettich GmbH & Co KG, VISION Scientific Co Ltd., LW Scientific, Sigma Laborzentrifugen GmbH, Benchmark Scientific Inc., Neuation Technologies Pvt Ltd., Laby Instruments Industry, HERMLE Labortechnik GmbH, Antylia Scientific Instrument Co Ltd., Meditech Technologies India Private Limited
Market Drivers:
The emergence of infectious diseases is driving the growth of the laboratory centrifuge market. Diseases such as SARS, the Zika virus, Ebola, and COVID-19 have increasingly led to infections in various parts of the world, leading to an increase in the global disease burden. It is estimated that zoonotic infectious agents (infectious diseases of animals that evolve to infect human hosts) constitute about 60% of the known human pathogens and up to 75% of emerging human pathogens. Climate change is expected to bring major changes to the epidemiology of infectious diseases through changes in microbial and vector geographic ranges. Microbes can adapt to higher temperatures, and thus there is a growing concern that global warming will select for microbes with higher heat tolerance that can defeat human endothermy defenses, bringing new infectious diseases, and changing the epidemiology of many existing diseases. Laboratory centrifuge systems are used for cell, organelle, virus, protein, and nucleic acid purification. Thus, the emergence of infectious diseases drives the demand for lab testing solutions, hence driving the laboratory centrifuge market.
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The laboratory centrifuge market covered in this report is segmented -
1) By Product: Equipment, Accessories
2) By Model Type: Benchtop Centrifuges, Floor-Standing Centrifuges
3) By Rotor Design: Fixed-Angle Rotors, Swinging-Bucket Rotors, Vertical Rotors, Other Rotors
4) By Application: Diagnostics, Microbiology, Cellomics, Genomics, Proteomics, Blood Component Separation, Other Applications
5) By End User: Hospitals, Biotechnology And Pharmaceutical Companies, Academic And Research Institutions
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
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