The laboratory centrifuge market is a rapidly growing industry that is seeing huge demand from a variety of industries, such as biotechnology, pharmaceuticals, clinical diagnostics, and research and development. A laboratory centrifuge is an essential piece of lab equipment that is used to separate mixtures of different densities, allowing for the analysis of a wide range of materials.
Currently, Laboratory Centrifuge Market is projected to reach USD 2.2 billion by 2026 from USD 1.8 billion in 2021, at a CAGR of 4.0% from 2021 to 2026. A centrifuge is used for spinning a liquid sample at high speeds to separate it into its components. Subjected to centrifugal force, the lighter components of the liquid sample move towards the axis while the denser components move away. Centrifuges are widely used in laboratories for research purposes in chemistry, biology, and biochemistry. Centrifuges are widely used in research that requires the separation of various components. While this equipment has a long lifespan, it requires proper maintenance and care by trained professionals.
The laboratory centrifuge market is expected to grow significantly over the forecast period, driven by increasing demand from the biotechnology and pharmaceutical industries. Additionally, the rising demand for clinical diagnostics and research and development is expected to fuel the growth of the market. Additionally, the increasing demand for point-of-care diagnostics and the development of advanced technologies such as microfluidics and nanotechnology are expected to drive the growth.
Furthermore, the increasing adoption of automation in the laboratory is expected to drive the market growth. Automated laboratory centrifuges offer improved accuracy and efficiency, which is driving the demand for these products. Additionally, the increasing demand for high-throughput laboratory centrifuges is expected to boost the market growth.
Moreover, the increasing demand for laboratory centrifuges in emerging economies is expected to provide a boost to the market. The increasing number of clinical laboratories, research and development, and biotechnology companies in these regions is expected to drive the growth. Additionally, the increasing population, rising disposable incomes, and the growing awareness of healthcare are expected to bolster the growth of the market.
Overall, the laboratory centrifuge market is expected to see strong growth over the forecast period, driven by the increasing demand from the biotechnology and pharmaceutical industries. Additionally, the rising demand for automated and high-throughput laboratory centrifuges is expected to drive the market growth.
The major players in the Asia Pacific In situ Hybridization Market are Thermo Fisher Scientific, Inc. (US), Danaher Corporation (US), and Eppendorf AG (Germany), KUBOTA Corporation (Japan), Sigma Laborzentrifugen GmbH (Germany), NuAire (US), Sartorius AG (Germany), Andreas Hettich GmbH & Co.KG (Germany), HERMLE Labortechnik GmbH (Germany), Cardinal Health (US), Agilent Technologies (US), Centurion Scientific (UK), QIAGEN N.V. (Netherlands), and Bio-Rad Laboratories, Inc. (US).
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Some of the prominent trends that the market is witnessing include increasing investments in research and development and increasing focus on precision medicine. The increasing demand for personalized treatments and the increasing use of in situ hybridization for diagnostics and research purposes are also expected to drive the growth of the market. Moreover, the technological advancements in the field of genomics and the increasing prevalence of genetic disorders are expected to drive the growth of the market.
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Recent Developments
- In 2021, Eppendorf AG launched the Multipurpose Centrifuge 5910 Ri, which offers advanced features to enhance and simplify the process of centrifugation
- In 2021, Sartorius announced to expand its presence in Michigan. Sartorius will open a new 130,000-square-foot (12,000-square-meter) state-of-the-art plant in Ann Arbor in late 2023. The new facility would focus on consolidating the existing business operations in Washtenaw County to create a center of excellence in Ann Arbor for the Laboratory and Bioprocess Products and Services in North America.
- In 2020, Eppendorf AG launched a refrigerated 24-place centrifuge 5425 R, which offers protection to temperature-sensitive samples and offers immediate cooldown of temperature 8 minutes (21° C to 4°C); these centrifuges come with six rotors.
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