Rising Adoption of Automated Centrifuge in Niche Applications and Technological Advancements in Centrifuge Design will reach around USD 426.7 Mn in 2023

According to Precision Business Insights (PBI), the latest report, the automated laboratory centrifuge market was valued at USD 427.6 million in 2023 and is expected to grow at a 5.3% CAGR from 2024 to 2030. The growing field of personalized medicine, focusing on individual patient needs and treatment plans, presents a fascinating emerging trend for the automated laboratory centrifuge market. This trend, driven by advancements in microfluidic technology, opens doors to: Personalized medicine that strives to understand individual genetic variations and disease mechanisms to design specific treatment plans. This approach often involves isolating and analyzing minute amounts of biological samples like cells and biomolecules. Microfluidic technology utilizes miniaturized channels and chambers to handle and analyze tiny liquid volumes. Microfluidic centrifuges integrate this technology, enabling centrifugation of minute biological samples with high precision and control.

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THE AUTOMATED LABORATORY CENTRIFUGE MARKET DETAILED SEGMENTATION:
Based on the product type, the market is segmented into the following:
• Equipment
• Accessories

Based on the product type, the global automated laboratory centrifuge market segmented into equipment and accessories. The equipment segment holds the majority share of the market at 76.4% in 2023. This indicates that the demand for automated centrifuge machines is significantly higher compared to accessories such as rotor adapters, buckets, and tube holders. The high market share of equipment suggests a growing adoption of automated centrifuges across various industries such as clinical diagnostics, life sciences, environmental testing, and agrochemicals. This could be attributed to the increasing demand for efficient and reliable centrifugation processes in laboratory workflows.

Based on the application, the market is segmented into the following:
• Blood Components
• Genomics
• Proteomics
• Microbiology
• Chemicals
• Other Applications

Based on the application, the global automated laboratory centrifuge market segmented into blood components, genomics, proteomics, microbiology, chemicals, other applications. The Blood component separation holds the largest market share at 35.4% in 2023, indicating significant demand for automated centrifuges in blood banking, transfusion medicine, and clinical diagnostics for applications such as plasma isolation and platelet concentration. Genomics, with 18.3% market share in 2023, reflects increasing demand for automated centrifuges in DNA/RNA isolation, PCR, sequencing, and other genomic research applications, driven by advancements in molecular biology and personalized medicine.

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Based on the end user, the market is segmented into the following:
• University Hospitals
• Diagnostic Laboratories
• Pharma and Biotech Companies
• Academic and Research Institutes
• Other End Users

Based on the end user, the global automated laboratory centrifuge market is segmented into university hospitals, diagnostic laboratories, pharma and biotech companies, academic and research institutes, other end users. Diagnostic laboratories lead with 29.8% market share in 2023, showcasing the crucial role of automated centrifuges in clinical diagnostics, pathology, hematology, and other medical testing processes, emphasizing their importance in patient care and disease diagnosis. Pharma and biotech companies hold a substantial 27.9% market share in 2023, indicating strong demand for automated centrifuges in drug discovery, development, and manufacturing processes, including cell culture, drug screening, protein purification, and quality control.

Based on geography, the market is segmented into the following:
• North America
• Europe
• The Asia Pacific
• Latin America
• MEA

The North America automated laboratory centrifuge market was valued at USD 150.2 Million in 2018 and grown at 2.4% CAGR over the historic years (2018-2023) to reach USD 169.2 Million in 2023. North America has a well-established research infrastructure with consistent government and private funding for life sciences research. This fuels the demand for advanced laboratory equipment like automated centrifuges. Laboratories are constantly seeking ways to improve workflow efficiency and throughput. Automation in sample processing, including centrifuges, plays a crucial role in achieving this goal. The regulatory bodies in North America prioritize safety in laboratories. Automated centrifuges can minimize human error and improve containment of hazardous materials, making them attractive choices. An aging population creates a growing demand for diagnostics and personalized medicine, requiring efficient and reliable tools like automated centrifuges. Developments in automation technologies and the integration of robotics with centrifuges offer even higher levels of efficiency and remote operation capabilities. This trend suggests continued growth in the market for automated centrifuges across various applications in research, diagnostics, and biopharmaceutical production. Manufacturers focusing on innovative features, user-friendly interfaces, and seamless integration with laboratory automation systems will likely benefit the most.

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Strategic Expansion, Mergers, Collaborations, and Agreements are the key Strategies Adopted by Market Players:
The market players in the automated laboratory centrifuge market adopt a combination of these strategies to stay competitive, drive growth, and capitalize on opportunities in the dynamic pharmaceutical landscape. This includes expansions and collaborations among the key market players to expand their presence in the global automated laboratory centrifuge market. For instance,
• In December 2023, in a significant move towards sustainable laboratory practices, Neste, a global leader in renewable solutions, and Eppendorf, a renowned manufacturer of laboratory equipment, have joined forces to develop a new line of renewable lab plastics. This strategic partnership aims to address the growing environmental concerns regarding traditional, fossil fuel-based lab plastics. The new line will leverage Neste's expertise in renewable materials like bio-based feedstocks, while Eppendorf contributes its extensive experience in laboratory consumable manufacturing.
• In May 2022, Agilent Technologies has joined forces with APC Ltd. They aim to combine their expertise to create innovative workflows for customers. These workflows will utilize liquid chromatography (LC) and automation, streamlining the process analysis process.

Key players profiles in the Automated Laboratory Centrifuge Market report are Thermo Fisher Scientific Inc., Andreas Hettich GmbH & Co. KG, Sigma Laborzentrifugen GmbH, Eppendorf AG, Agilent Technologies, Inc.

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