Press release
Laboratory Centrifuge Market to Reach $2.9 billion by 2032, Growing at a CAGR of 4.1%
Market Size & Growth:
2022 Market Value: $1.9 Billion
2032 Projected Value: $2.9 Billion
CAGR (2023-2032): 4.1%
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Key Growth Drivers:
Rising prevalence of chronic and infectious diseases
Technological advancements in centrifuge equipment
Increased demand for blood components
Market Restraint:
High cost of laboratory centrifuge systems
Opportunities:
Surge in R&D activities
Increased launch of innovative centrifuge models
Economic Downturn Analysis (2023 Recession Impact)
Challenges for startups: Limited access to financing, hindering innovation and expansion
Long-term outlook remains positive, driven by healthcare demand and technological innovation
Market Segmentation Insights-
By Product:
Equipment: Held >75% share in 2022; maintains leadership due to higher costs and adoption
Accessories: Fastest-growing segment (CAGR: 5.2%)
By Model:
Benchtop Centrifuges: Held >66% share; preferred for space-saving and affordability
Also the fastest-growing (CAGR: 4.2%)
By Rotor Design:
Fixed Angle Rotors: Held ~50% share; compact and suited for high-speed use
Swinging Bucket Rotors: Fastest-growing (CAGR: 4.6%); offer uniform pelleting
By Application:
Diagnostics: Dominant application in 2022 (≈40% share)
Blood Component Separation: Fastest-growing segment (CAGR: 5.7%)
By End User:
Hospitals & Clinical Labs: >50% share; driven by diagnostic demand
Academic & Research Institutes: Fastest-growing (CAGR: 5.0%)
By Region:
North America: Largest market (~40% share); driven by robust infrastructure and key players
Asia-Pacific: Fastest-growing (CAGR: 5.2%); fueled by unmet needs and R&D investments
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Top Market Players:
Thermo Fisher Scientific Inc.
Danaher Corporation
Eppendorf SE
Agilent Technologies Inc.
Sartorius AG
Becton, Dickinson and Company
QIAGEN N.V.
NuAire, Inc.
Kubota Corporation
Lepu Medical Technology (Beijing) Co. Ltd.
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
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About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, Delaware. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
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