Global Laboratory Centrifuge Market Size Study, by Product, by Model, by Rotor Design, by Application, by End User, and Regional Forecasts 2022-2032

Description

Global Laboratory Centrifuge Market is valued approximately at USD 1.98 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 4.21% over the forecast period 2024-2032. Laboratory centrifuges are indispensable equipment in scientific research and medical diagnostics, facilitating the separation of components based on density by employing centripetal acceleration. Widely utilized in applications such as microbiology, cellomics, proteomics, genomics, blood component separation, and diagnostics, these devices are essential for the efficient execution of various laboratory processes. Laboratory centrifuges are critical in the separation of plasma from blood, which is used in the production of therapeutic protein drugs essential for treating liver diseases. The prevalence of liver diseases, such as cirrhosis and liver cancer, which account for a significant number of global deaths, underscores the necessity for these devices. Additionally, centrifuges play a crucial role in diagnosing blood disorders like anemia and leukemia by concentrating and separating blood cells for analysis. The increasing incidence of blood cancers further propels the demand for these centrifuges.

The expansion of the laboratory centrifuge market is significantly driven by the increase in R&D activities, rising awareness about disease diagnosis in developing countries, and the surge in chronic and infectious diseases. For instance, the Joint United Nations Program on HIV and AIDS (UNAIDS) reported that 39 million people were living with HIV globally in 2022. This escalating prevalence of chronic diseases necessitates advanced diagnostic tools, thereby bolstering the demand for laboratory centrifuges. However, the high cost of laboratory centrifuge equipment and accessories presents a significant barrier to market growth. Furthermore, the rise in R&D activities in genomics, proteomics, and cellomics, along with the proliferation of academic and research institutions utilizing laboratory centrifuges, offers promising growth opportunities. Technological advancements, such as the launch of portable and miniaturized centrifuges, also contribute to market expansion. For instance, in 2021, Kubota Corporation's launch of the Benchtop Centrifuge Model S500T and Floor Standing Refrigerated Centrifuge Model S500FR exemplifies such innovations.

North America dominant the laboratory centrifuge market in terms of revenue. The region's dominance is bolstered by advanced healthcare infrastructure, robust research and development activities, and a high concentration of leading pharmaceutical and biotechnology firms. Additionally, North America benefits from significant investments in biomedical research and clinical diagnostics, driving the demand for laboratory centrifuges across academic institutions and healthcare facilities. North America is poised to maintain its leadership throughout the forecast period. This projection is supported by ongoing advancements in centrifuge technology, increasing applications in drug discovery, genomics, and proteomics research, as well as the rising prevalence of chronic diseases demanding accurate diagnostic tools. Furthermore, Asia-Pacific is expected to grow at the highest rate during the forecast period 2024-2032.

Major market players included in this report are:

Agilent Technologies Inc.
Becton, Dickinson and Company
Danaher Corporation
Eppendorf SE
Kubota Corporation
Lepu Medical Technology (Beijing) Co., Ltd.
NuAire
QIAGEN N.V.
Sartorius AG
Thermo Fisher Scientific Inc.
Beckman Coulter, Inc.
Bio-Rad Laboratories, Inc.
Hettich Instruments, LP
Sigma Laborzentrifugen GmbH
Andreas Hettich GmbH & Co. KG

The detailed segments and sub-segment of the market are explained below:

By Product

Equipment
Accessories

By Model

Benchtop Centrifuges
Floor-standing Centrifuges

By Rotor Design

Swinging Bucket Rotors
Fixed Angle Rotors
Vertical Rotors

By Application

Diagnostic
Microbiology
Cellomics
Proteomics
Genomics
Blood Component Separation
Others

By End User

Hospitals and Clinical Laboratories
Biotechnology and Pharmaceutical Companies
Academic and Research Institutes

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Italy
Spain
ROE
Asia-Pacific
China
Japan
India
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market.

Chapter 1. Global Laboratory Centrifuge Market Executive Summary

1.1. Global Laboratory Centrifuge Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product
- 1.3.2. By Model
- 1.3.3. By Rotor Design
- 1.3.4. By Application
- 1.3.5. By End User
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Laboratory Centrifuge Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Laboratory Centrifuge Market Dynamics

3.1. Market Drivers
- 3.1.1. Increase in R&D Activities
- 3.1.2. Rise in Prevalence of Chronic and Infectious Diseases
- 3.1.3. Technological Advancements in Centrifuge Equipment
3.2. Market Challenges
- 3.2.1. High Cost of Laboratory Centrifuge Equipment
3.3. Market Opportunities
- 3.3.1. Growth Potential in Developing Countries
- 3.3.2. Expansion of Academic and Research Institutes
- 3.3.3. Rising Healthcare Expenditure

Chapter 4. Global Laboratory Centrifuge Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top Investment Opportunities
4.4. Top Winning Strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Laboratory Centrifuge Market Size & Forecasts by Product 2022-2032

5.1. Segment Dashboard
5.2. Global Laboratory Centrifuge Market: Product Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Equipment
- 5.2.2. Accessories

Chapter 6. Global Laboratory Centrifuge Market Size & Forecasts by Model 2022-2032

6.1. Segment Dashboard
6.2. Global Laboratory Centrifuge Market: Model Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Benchtop Centrifuges
- 6.2.2. Floor-standing Centrifuges

Chapter 7. Global Laboratory Centrifuge Market Size & Forecasts by Rotor Design 2022-2032

7.1. Segment Dashboard
7.2. Global Laboratory Centrifuge Market: Rotor Design Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Swinging Bucket Rotors
- 7.2.2. Fixed Angle Rotors
- 7.2.3. Vertical Rotors

Chapter 8. Global Laboratory Centrifuge Market Size & Forecasts by Application 2022-2032

8.1. Segment Dashboard
8.2. Global Laboratory Centrifuge Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 8.2.1. Diagnostic
- 8.2.2. Microbiology
- 8.2.3. Cellomics
- 8.2.4. Proteomics
- 8.2.5. Genomics
- 8.2.6. Blood Component Separation
- 8.2.7. Others

Chapter 9. Global Laboratory Centrifuge Market Size & Forecasts by End User 2022-2032

9.1. Segment Dashboard
9.2. Global Laboratory Centrifuge Market: End User Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 9.2.1. Hospitals and Clinical Laboratories
- 9.2.2. Biotechnology and Pharmaceutical Companies
- 9.2.3. Academic and Research Institutes

Chapter 10. Global Laboratory Centrifuge Market Size & Forecasts by Region 2022-2032

10.1. North America Laboratory Centrifuge Market
- 10.1.1. U.S. Laboratory Centrifuge Market
  - 10.1.1.1. Product breakdown size & forecasts, 2022-2032
  - 10.1.1.2. Model breakdown size & forecasts, 2022-2032
  - 10.1.1.3. Rotor Design breakdown size & forecasts, 2022-2032
  - 10.1.1.4. Application breakdown size & forecasts, 2022-2032
  - 10.1.1.5. End User breakdown size & forecasts, 2022-2032
- 10.1.2. Canada Laboratory Centrifuge Market
  - 10.1.2.1. Product breakdown size & forecasts, 2022-2032
  - 10.1.2.2. Model breakdown size & forecasts, 2022-2032
  - 10.1.2.3. Rotor Design breakdown size & forecasts, 2022-2032
  - 10.1.2.4. Application breakdown size & forecasts, 2022-2032
  - 10.1.2.5. End User breakdown size & forecasts, 2022-2032
10.2. Europe Laboratory Centrifuge Market
- 10.2.1. UK Laboratory Centrifuge Market
- 10.2.2. Germany Laboratory Centrifuge Market
- 10.2.3. France Laboratory Centrifuge Market
- 10.2.4. Italy Laboratory Centrifuge Market
- 10.2.5. Spain Laboratory Centrifuge Market
- 10.2.6. Rest of Europe Laboratory Centrifuge Market
10.3. Asia-Pacific Laboratory Centrifuge Market
- 10.3.1. China Laboratory Centrifuge Market
- 10.3.2. Japan Laboratory Centrifuge Market
- 10.3.3. India Laboratory Centrifuge Market
- 10.3.4. Australia Laboratory Centrifuge Market
- 10.3.5. South Korea Laboratory Centrifuge Market
- 10.3.6. Rest of Asia Pacific Laboratory Centrifuge Market
10.4. Latin America Laboratory Centrifuge Market
- 10.4.1. Brazil Laboratory Centrifuge Market
- 10.4.2. Mexico Laboratory Centrifuge Market
- 10.4.3. Rest of Latin America Laboratory Centrifuge Market
10.5. Middle East & Africa Laboratory Centrifuge Market
- 10.5.1. Saudi Arabia Laboratory Centrifuge Market
- 10.5.2. South Africa Laboratory Centrifuge Market
- 10.5.4. Rest of Middle East & Africa Laboratory Centrifuge Market

Chapter 11. Competitive Intelligence

11.1. Key Company SWOT Analysis
11.2. Top Market Strategies
11.3. Company Profiles
- 11.3.1. Eppendorf SE
  - 11.3.1.1. Key Information
  - 11.3.1.2. Overview
  - 11.3.1.3. Financial (Subject to Data Availability)
  - 11.3.1.4. Product Summary
  - 11.3.1.5. Market Strategies
- 11.3.2. Kubota Corporation
- 11.3.3. Lepu Medical Technology (Beijing) Co., Ltd.
- 11.3.4. NuAire
- 11.3.5. QIAGEN N.V.
- 11.3.6. Sartorius AG
- 11.3.7. Thermo Fisher Scientific Inc.
- 11.3.8. Beckman Coulter, Inc.
- 11.3.9. Bio-Rad Laboratories, Inc.
- 11.3.10. Hettich Instruments, LP
- 11.3.11. Sigma Laborzentrifugen GmbH
- 11.3.12. Andreas Hettich GmbH & Co. KG
- 11.3.13. Agilent Technologies Inc.
- 11.3.14. Becton, Dickinson and Company
- 11.3.15. Danaher Corporation

Chapter 12. Research Process

12.1. Research Process
- 12.1.1. Data Mining
- 12.1.2. Analysis
- 12.1.3. Market Estimation
- 12.1.4. Validation
- 12.1.5. Publishing
12.2. Research Attributes