The Laboratory Centrifuge Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).

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According to The Business Research Company’s Laboratory Centrifuge Global Market Report 2024, 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.

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

Major companies in the laboratory centrifuge market are focused on developing versatile centrifuge models, such as refrigerated benchtop centrifuges, to meet evolving lab needs, and to gain a competitive edge in the market. A refrigerated benchtop centrifuge is a compact laboratory instrument that uses centrifugal force, with built-in cooling capabilities, to separate and process samples at controlled temperatures. For instance, in February 2022, Beckman Coulter Life Sciences, a US-based provider of research and clinical diagnostic laboratories, launched the Allegra V-15R refrigerated benchtop centrifuge. This versatile model, 28% smaller than comparable units, offers 10 rotor configurations and 50 programmable runs, catering to diverse workflows from cell separation to high-throughput screening. Safety enhancements include Automatic Rotor Recognition and BioSafe rotors with hermetic seals. With a gravitational force of up to 20,412 x g and speeds of 13,500 rpm, the Allegra V-15R ensures efficient yet quiet lab operations (≤55 dBA). Additional features include temperature control, an ergonomic design, and a comprehensive rotor portfolio for varied research needs.

The laboratory centrifuge market report table of contents includes:

1. Executive Summary

2. Laboratory Centrifuge Market Characteristics

3. Laboratory Centrifuge Market Trends And Strategies

4. Laboratory Centrifuge Market - Macro Economic Scenario

...

32. Global Laboratory Centrifuge Market Competitive Benchmarking

33. Global Laboratory Centrifuge Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Laboratory Centrifuge Market

35. Laboratory Centrifuge Market Future Outlook and Potential Analysis

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