PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1497731
PUBLISHER: Prescient & Strategic Intelligence | PRODUCT CODE: 1497731
Laboratory Centrifuges Market Size and Share Analysis by Product, Model Type, Rotor Design, Use, Application, End User - Global Industry Growth Forecast to 2030
Key Highlights
The laboratory centrifuges market generated a value of USD 1,949.8 million in 2023, which will increase to USD 2,541.2 million, powering at a 4.0% compound annual growth rate, by 2030.
This can be because of the increasing prevalence of illness, technological improvements, rising R&D activities, and growing count of pharmaceutical, life science, and biopharmaceutical firms.
Other factors that boost the expansion of this industry are the increasing rate of technological improvements, rising acceptance of automated methods in hematology, the development of microcentrifuges, multi-purpose centrifuges, and ultracentrifuges, and the surging private and public healthcare funding.
The increasing rate of product introductions with regulatory consent is likely to further boost the growth of the industry in the coming years.
Mergers and acquisitions are the key trends being observed in this industry. Eppendorf AG reached an agreement with Koki Holdings Co. Ltd. in Tokyo, in March 2020, for Eppendorf to purchase Koki's centrifuge business.
Eppendorf AG, with the acquisition, focuses on increasing its line of advanced centrifuges for life academic, science, pharma, and commercial research applications.
Koki Holdings Co. Ltd., post being acquired, is concentrating on strategic funding in technology and product development.
Key Insights
North America accounted for the largest share of the industry in 2023, of 35% share, and it will further advance at a 4.5% compound annual growth rate during this decade.
This can be because of the increasing R&D funding by private firms in the pharmaceutical, life science, and biopharmaceutical sectors as well as government organizations.
APAC is advancing at the fastest rate, mainly because of the increasing expenses on research & development activities.
As per the National Bureau of Statistics, China's overall expenses on R&D was around USD 456 billion in 2022, which is an increase of 10.4% year on year.
The equipment category was the major contributor to the industry in 2023, with a 70% share.
This is because of the various kinds of centrifuges offered by the players, including microcentrifuges, multipurpose centrifuges, mini centrifuges, and ultracentrifuges.
Tubes, in the accessories category, account for the largest share. The largest share is because of the extensive utilization of tubes in the centrifugation procedure to keep liquids.
Mostly, a new centrifuge tube is employed to prevent contamination as well as dilute solutions.
As tubes are a repetitive purchase, their sales produce the greatest revenue for the players among all accessories.
In 2023, benchtop centrifuges led the industry, and their sales revenue will advance at a 5% CAGR in the years to come.
These types are extensively utilized in research establishments and diagnostics centers because of their cost-effectiveness, small size, user-friendliness, capability to easily fit in any place, portability, and low weight.
Realizing the surging acceptance for them, businesses are enhancing their popular products.
The fixed-angle rotors category was the largest contributor to the industry in 2023. The dominance can be ascribed to the rising R&D activities and the advantages of fixed-angle rotors because they don't have moving parts like other types.
Contrasted to swing bucket rotors, fixed-angle rotors face much lower metal stress, which results in less centrifugation times as well as stronger G-forces.
Table of Contents
Chapter 1. Research Scope
- 1.1. Research Objectives
- 1.2. Market Definition
- 1.3. Analysis Period
- 1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by product
- 1.4.2. Market size breakdown, by model type
- 1.4.3. Market size breakdown, by rotor design
- 1.4.4. Market size breakdown, by use
- 1.4.5. Market size breakdown, by application
- 1.4.6. Market size breakdown, by end user
- 1.4.7. Market size breakdown, by region
- 1.4.8. Market size breakdown, by country
- 1.5. Market Data Reporting Unit
- 1.5.1. Value
- 1.6. Key Stakeholders
Chapter 2. Research Methodology
- 2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
- 2.2. Primary Research
- 2.3. Market Size Estimation
- 2.4. Data Triangulation
- 2.5. Currency Conversion Rates
- 2.6. Assumptions for the Study
- 2.7. Notes and Caveats
Chapter 3. Executive Summary
Chapter 4. Market Indicators
Chapter 5. Industry Outlook
- 5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
- 5.2. Impact of COVID-19
- 5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes
Chapter 6. Global Market
- 6.1. Overview
- 6.2. Market Revenue, by Product (2017-2030)
- 6.3. Market Revenue, by Model Type (2017-2030)
- 6.4. Market Revenue, by Rotor Design (2017-2030)
- 6.5. Market Revenue, by Use (2017-2030)
- 6.6. Market Revenue, by Application (2017-2030)
- 6.7. Market Revenue, by End User (2017-2030)
- 6.8. Market Revenue, by Region (2017-2030)
Chapter 7. North America Market
- 7.1. Overview
- 7.2. Market Revenue, by Product (2017-2030)
- 7.3. Market Revenue, by Model Type (2017-2030)
- 7.4. Market Revenue, by Rotor Design (2017-2030)
- 7.5. Market Revenue, by Use (2017-2030)
- 7.6. Market Revenue, by Application (2017-2030)
- 7.7. Market Revenue, by End User (2017-2030)
- 7.8. Market Revenue, by Country (2017-2030)
Chapter 8. Europe Market
- 8.1. Overview
- 8.2. Market Revenue, by Product (2017-2030)
- 8.3. Market Revenue, by Model Type (2017-2030)
- 8.4. Market Revenue, by Rotor Design (2017-2030)
- 8.5. Market Revenue, by Use (2017-2030)
- 8.6. Market Revenue, by Application (2017-2030)
- 8.7. Market Revenue, by End User (2017-2030)
- 8.8. Market Revenue, by Country (2017-2030)
Chapter 9. APAC Market
- 9.1. Overview
- 9.2. Market Revenue, by Product (2017-2030)
- 9.3. Market Revenue, by Model Type (2017-2030)
- 9.4. Market Revenue, by Rotor Design (2017-2030)
- 9.5. Market Revenue, by Use (2017-2030)
- 9.6. Market Revenue, by Application (2017-2030)
- 9.7. Market Revenue, by End User (2017-2030)
- 9.8. Market Revenue, by Country (2017-2030)
Chapter 10. LATAM Market
- 10.1. Overview
- 10.2. Market Revenue, by Product (2017-2030)
- 10.3. Market Revenue, by Model Type (2017-2030)
- 10.4. Market Revenue, by Rotor Design (2017-2030)
- 10.5. Market Revenue, by Use (2017-2030)
- 10.6. Market Revenue, by Application (2017-2030)
- 10.7. Market Revenue, by End User (2017-2030)
- 10.8. Market Revenue, by Country (2017-2030)
Chapter 11. MEA Market
- 11.1. Overview
- 11.2. Market Revenue, by Product (2017-2030)
- 11.3. Market Revenue, by Model Type (2017-2030)
- 11.4. Market Revenue, by Rotor Design (2017-2030)
- 11.5. Market Revenue, by Use (2017-2030)
- 11.6. Market Revenue, by Application (2017-2030)
- 11.7. Market Revenue, by End User (2017-2030)
- 11.8. Market Revenue, by Country (2017-2030)
Chapter 12. U.S. Market
- 12.1. Overview
- 12.2. Market Revenue, by Product (2017-2030)
- 12.3. Market Revenue, by Model Type (2017-2030)
- 12.4. Market Revenue, by Rotor Design (2017-2030)
- 12.5. Market Revenue, by Use (2017-2030)
- 12.6. Market Revenue, by Application (2017-2030)
- 12.7. Market Revenue, by End User (2017-2030)
Chapter 13. Canada Market
- 13.1. Overview
- 13.2. Market Revenue, by Product (2017-2030)
- 13.3. Market Revenue, by Model Type (2017-2030)
- 13.4. Market Revenue, by Rotor Design (2017-2030)
- 13.5. Market Revenue, by Use (2017-2030)
- 13.6. Market Revenue, by Application (2017-2030)
- 13.7. Market Revenue, by End User (2017-2030)
Chapter 14. Germany Market
- 14.1. Overview
- 14.2. Market Revenue, by Product (2017-2030)
- 14.3. Market Revenue, by Model Type (2017-2030)
- 14.4. Market Revenue, by Rotor Design (2017-2030)
- 14.5. Market Revenue, by Use (2017-2030)
- 14.6. Market Revenue, by Application (2017-2030)
- 14.7. Market Revenue, by End User (2017-2030)
Chapter 15. France Market
- 15.1. Overview
- 15.2. Market Revenue, by Product (2017-2030)
- 15.3. Market Revenue, by Model Type (2017-2030)
- 15.4. Market Revenue, by Rotor Design (2017-2030)
- 15.5. Market Revenue, by Use (2017-2030)
- 15.6. Market Revenue, by Application (2017-2030)
- 15.7. Market Revenue, by End User (2017-2030)
Chapter 16. U.K. Market
- 16.1. Overview
- 16.2. Market Revenue, by Product (2017-2030)
- 16.3. Market Revenue, by Model Type (2017-2030)
- 16.4. Market Revenue, by Rotor Design (2017-2030)
- 16.5. Market Revenue, by Use (2017-2030)
- 16.6. Market Revenue, by Application (2017-2030)
- 16.7. Market Revenue, by End User (2017-2030)
Chapter 17. Italy Market
- 17.1. Overview
- 17.2. Market Revenue, by Product (2017-2030)
- 17.3. Market Revenue, by Model Type (2017-2030)
- 17.4. Market Revenue, by Rotor Design (2017-2030)
- 17.5. Market Revenue, by Use (2017-2030)
- 17.6. Market Revenue, by Application (2017-2030)
- 17.7. Market Revenue, by End User (2017-2030)
Chapter 18. Spain Market
- 18.1. Overview
- 18.2. Market Revenue, by Product (2017-2030)
- 18.3. Market Revenue, by Model Type (2017-2030)
- 18.4. Market Revenue, by Rotor Design (2017-2030)
- 18.5. Market Revenue, by Use (2017-2030)
- 18.6. Market Revenue, by Application (2017-2030)
- 18.7. Market Revenue, by End User (2017-2030)
Chapter 19. Japan Market
- 19.1. Overview
- 19.2. Market Revenue, by Product (2017-2030)
- 19.3. Market Revenue, by Model Type (2017-2030)
- 19.4. Market Revenue, by Rotor Design (2017-2030)
- 19.5. Market Revenue, by Use (2017-2030)
- 19.6. Market Revenue, by Application (2017-2030)
- 19.7. Market Revenue, by End User (2017-2030)
Chapter 20. China Market
- 20.1. Overview
- 20.2. Market Revenue, by Product (2017-2030)
- 20.3. Market Revenue, by Model Type (2017-2030)
- 20.4. Market Revenue, by Rotor Design (2017-2030)
- 20.5. Market Revenue, by Use (2017-2030)
- 20.6. Market Revenue, by Application (2017-2030)
- 20.7. Market Revenue, by End User (2017-2030)
Chapter 21. India Market
- 21.1. Overview
- 21.2. Market Revenue, by Product (2017-2030)
- 21.3. Market Revenue, by Model Type (2017-2030)
- 21.4. Market Revenue, by Rotor Design (2017-2030)
- 21.5. Market Revenue, by Use (2017-2030)
- 21.6. Market Revenue, by Application (2017-2030)
- 21.7. Market Revenue, by End User (2017-2030)
Chapter 22. Australia Market
- 22.1. Overview
- 22.2. Market Revenue, by Product (2017-2030)
- 22.3. Market Revenue, by Model Type (2017-2030)
- 22.4. Market Revenue, by Rotor Design (2017-2030)
- 22.5. Market Revenue, by Use (2017-2030)
- 22.6. Market Revenue, by Application (2017-2030)
- 22.7. Market Revenue, by End User (2017-2030)
Chapter 23. South Korea Market
- 23.1. Overview
- 23.2. Market Revenue, by Product (2017-2030)
- 23.3. Market Revenue, by Model Type (2017-2030)
- 23.4. Market Revenue, by Rotor Design (2017-2030)
- 23.5. Market Revenue, by Use (2017-2030)
- 23.6. Market Revenue, by Application (2017-2030)
- 23.7. Market Revenue, by End User (2017-2030)
Chapter 24. Brazil Market
- 24.1. Overview
- 24.2. Market Revenue, by Product (2017-2030)
- 24.3. Market Revenue, by Model Type (2017-2030)
- 24.4. Market Revenue, by Rotor Design (2017-2030)
- 24.5. Market Revenue, by Use (2017-2030)
- 24.6. Market Revenue, by Application (2017-2030)
- 24.7. Market Revenue, by End User (2017-2030)
Chapter 25. Mexico Market
- 25.1. Overview
- 25.2. Market Revenue, by Product (2017-2030)
- 25.3. Market Revenue, by Model Type (2017-2030)
- 25.4. Market Revenue, by Rotor Design (2017-2030)
- 25.5. Market Revenue, by Use (2017-2030)
- 25.6. Market Revenue, by Application (2017-2030)
- 25.7. Market Revenue, by End User (2017-2030)
Chapter 26. Saudi Arabia Market
- 26.1. Overview
- 26.2. Market Revenue, by Product (2017-2030)
- 26.3. Market Revenue, by Model Type (2017-2030)
- 26.4. Market Revenue, by Rotor Design (2017-2030)
- 26.5. Market Revenue, by Use (2017-2030)
- 26.6. Market Revenue, by Application (2017-2030)
- 26.7. Market Revenue, by End User (2017-2030)
Chapter 27. South Africa Market
- 27.1. Overview
- 27.2. Market Revenue, by Product (2017-2030)
- 27.3. Market Revenue, by Model Type (2017-2030)
- 27.4. Market Revenue, by Rotor Design (2017-2030)
- 27.5. Market Revenue, by Use (2017-2030)
- 27.6. Market Revenue, by Application (2017-2030)
- 27.7. Market Revenue, by End User (2017-2030)
Chapter 28. U.A.E. Market
- 28.1. Overview
- 28.2. Market Revenue, by Product (2017-2030)
- 28.3. Market Revenue, by Model Type (2017-2030)
- 28.4. Market Revenue, by Rotor Design (2017-2030)
- 28.5. Market Revenue, by Use (2017-2030)
- 28.6. Market Revenue, by Application (2017-2030)
- 28.7. Market Revenue, by End User (2017-2030)
Chapter 29. Competitive Landscape
- 29.1. List of Market Players and their Offerings
- 29.2. Competitive Benchmarking of Key Players
- 29.3. Product Benchmarking of Key Players
- 29.4. Recent Strategic Developments
Chapter 30. Company Profiles
- 30.1. Thermo Fisher Scientific Inc.
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
- 30.2. Danaher Corporation
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
- 30.3. Eppendrof AG
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
- 30.4. KUBOTA Corporation
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
- 30.5. Sigma Laborzentrifugen GmbH
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
- 30.5.3. Key financial summary
- 30.6. Andreas Hettich GmbH & Co. KG
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
- 30.6.3. Key financial summary
- 30.7. Sartorius AG
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
- 30.7.3. Key financial summary
- 30.8. HERMLE Labortechnik GmbH
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
- 30.8.3. Key financial summary
- 30.9. Cardinal Health Inc.
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
- 30.10. Bio-Rad Laboratories Inc.
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
- 30.10.3. Key financial summary
- 30.11. Agilent Technologies Inc.
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
- 30.11.3. Key financial summary
- 30.12. Haier Biomedical
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary
Chapter 31. Appendix
- 31.1. Abbreviations
- 31.2. Sources and References
- 31.3. Related Reports
