The laboratory centrifuge market is expected to reach USD 1.2 billion by 2023 from USD 1.1 billion in 2018, at a CAGR of 2.8%. Market growth is primarily driven by factors such as technological advancements, increasing research, and a high prevalence of target diseases.
Market Size Estimation:
Both top-down and bottom-up approaches were used to estimate and validate the total size of the Laboratory Centrifuge Procedures Market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:
# The key players in the industry and markets have been identified through extensive secondary research.
# Laboratory centrifuges revenue generated by the leading players have been determined through primary and secondary research processes.
# All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
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Data Triangulation:
After arriving at the overall market size from the market size estimation process explained above, the total market was split into several segments and subsegments. To complete the overall market engineering process and to arrive at the exact statistics for all segments and subsegments, data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.
Asia to grow at the highest CAGR during the forecast period
The laboratory centrifuge market has been segmented into four major regions, namely, North America, Europe, Asia, and the Rest of the World (RoW). Currently, North America dominates the global laboratory centrifuges market, and this trend is expected to continue during the forecast period. However, the market in Asia is estimated to grow at the highest CAGR during the forecast period. The presence of emerging economies such as China and India and the increasing R&D investments by pharmaceutical and biotechnology companies in this region are the major factors supporting the growth of the Asian laboratory centrifuges market.
Recent Developments:
# In 2016, Thermo Fisher Scientific launched Medifuge.
# In 2016, Beckman Coulter partnered with Henry Ford Health System. This partnership aimed to enhance and streamline operations by fully automating the Henry Ford Hospital laboratory and modernizing the equipment at 12 other Henry Ford locations.
# In 2018, Eppendorf launched Centrifuge 5425
The hospitals segment to dominate the laboratory centrifuges market in 2018.
Based on end users, the Laboratory Centrifuge Procedures Market is segmented into hospitals, biotechnology and pharmaceutical companies, and academic and research institutes. The hospitals segment is expected to account for the largest share of the laboratory centrifuges market in 2018. The increasing prevalence of diseases, coupled with the growing awareness regarding early diagnosis and treatment, increasing demand for blood, availability of novel and technologically advanced centrifuges for blood separation, and growing number of hospitals, especially in emerging countries, are some of the key factors driving the growth of the laboratory centrifuges market for hospitals.
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Global Leaders:
The laboratory centrifuge market has several big players. Key players in the market include Thermo Fisher Scientific Inc. (US), Danaher Corporation (US), Eppendorf AG (Germany), Sigma Laborzentrifugen GmbH (Germany), Andreas Hettich GmbH & Co. KG (Germany), Kubota Corporation (Japan), Koki Holdings Co., Ltd. (Japan) (previously Hitachi Koki Co., Ltd.), QIAGEN N.V. (Netherlands), NuAire (US), Sartorius (Germany), HERMLE Labortechnik GmbH (Germany), and Becton, Dickinson and Company (US).
These players have adopted various growth strategies, such as partnerships, agreements, and collaborations; and new product launches, to further expand their presence in the Laboratory Centrifuge Procedures Market.
Product launches have been the key growth strategies adopted players from 2016 to 2018, which helped them to innovate on their offerings and broaden their customer base. Some of the leading players who adopted this strategy include Thermo Fisher Scientific Inc. (US), Eppendorf AG (Germany), and Danaher Corporation (US).
Laboratory Centrifuge Market - Global Industry Segmentation | Major Leaders | Revenue Growth Expectations
Laboratory Centrifuge Market report endows with a profound overview of product specification, product type, production analysis, and technology by taking into consideration the major factors such as revenue, cost, and gross margin.
According to this report, key players are taking actions such as developments, product launches, acquisitions, mergers, joint ventures and competitive analysis in the Laboratory Centrifuge industry.
What is more, Laboratory Centrifuge market report analyses and provides the historic data along with the current performance of the market.
This report is a professional and in-depth analysis on the current state of the market and Laboratory Centrifuge industry.The laboratory centrifuge market is expected to witness market growth at a rate of 2.6% in the forecast period of 2021 to 2028.This Laboratory Centrifuge market research report also provides an analytical measurement of the main challenges faced by the business currently and in the upcoming years.
Market analysis, market definition, currency and pricing, key developments and market categorization along with detailed research methodology are the key factors of this market report.
The market analysis of Laboratory Centrifuge market report provides an examination of various market segments that are supposed to witness the fastest development amid the estimated forecast frame.
Recently published a report entitled Laboratory Centrifuge Market projected till 2026, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.
Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The study offers a decisive view of the global laboratory centrifuge market by segmenting it in terms of product type, application and end-user.
The report analyzes these subsets with respect to the regional segmentation.
This research study will prepare marketers for the evolving needs of their customers.Request a FREE Sample Copy of Laboratory Centrifuge Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/laboratory-centrifuge-market/download-sampleBy TypeMicro centrifugeUltracentrifugeOthersBy ApplicationDiagnosticMicrobiologyGenomicsProteomicsBlood Component SeparationOthersBy End-UseBiotechnologyHospitalMedicalOthersThis research report also includes profiles of major companies operating in the global market.
Some of the prominent players operating in the global laboratory centrifuge market are Agilent Technologies, Inc., Andreas Hettich GmbH & Co.KG, Beckman Coulter, Inc., Bio-Rad Laboratories, Inc., Biosan Laboratories, Inc., Centurion Scientific Ltd., Cole-Parmer Instrument Company, LLC, Drucker Diagnostics, LLC, Eppendorf AG, Froilabo, Hermle Labortechnik GmbH, Koki Holdings Co., Ltd., Kubota Corp., Labnet International, Inc., Merck KGaA, and others.
This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.This section covers laboratory centrifuge market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.
Horizontal Laboratory Autoclave LHA-B10 is a microprocessor-controlled automatic autoclave.
It has a capacity of 150 L and a maximum working temperature of 134 �C.
Equipped with safety features like automatic shutoff preventing overload of current, auto protection against raised temperature and pressure making a reliable and user-friendly device.
The Laboratory Centrifuge Equipment Market is relied upon to enrol a CAGR of under 5% during the estimate time frame ascribing to the high pervasiveness of illnesses prompting expanding selection of rotators in blood donation centres for infection conclusion and distinguishing the sicknesses along these lines, driving the general market.
For example, According to Centres for Disease Control and Prevention in 2016 US has more than 1 lakh individuals going through the treatment of end stage kidney infection (ESKD) prompting the reception of these rotators for illness analysis and test filtration.
In addition, an expansion in R action and mechanical progression in lab axes is likewise boosting the market as rotators are fundamental hardware in the exploration research centres.
Mechanical progression in the laboratory centrifuge equipment as far as speed, comfort, security conservativeness, and precision are again boosting the market.
For example, an organization name Thermo Scientific has Fiberlite rotors which is innovatively cutting-edge and is made of carbon fiber which builds adaptability and makes them impervious to compound erosion.
In addition, axes with high velocity highlights will diminish the time needed for centrifugation and headways in the plan of rotator will likewise make it simpler to supplant which further drives the market to a specific degree.
Laboratory Centrifuge Market report endows with a profound overview of product specification, product type, production analysis, and technology by taking into consideration the major factors such as revenue, cost, and gross margin.
According to this report, key players are taking actions such as developments, product launches, acquisitions, mergers, joint ventures and competitive analysis in the Laboratory Centrifuge industry.
What is more, Laboratory Centrifuge market report analyses and provides the historic data along with the current performance of the market.
This report is a professional and in-depth analysis on the current state of the market and Laboratory Centrifuge industry.The laboratory centrifuge market is expected to witness market growth at a rate of 2.6% in the forecast period of 2021 to 2028.This Laboratory Centrifuge market research report also provides an analytical measurement of the main challenges faced by the business currently and in the upcoming years.
Market analysis, market definition, currency and pricing, key developments and market categorization along with detailed research methodology are the key factors of this market report.
The market analysis of Laboratory Centrifuge market report provides an examination of various market segments that are supposed to witness the fastest development amid the estimated forecast frame.
Horizontal Laboratory Autoclave LHA-B10 is a microprocessor-controlled automatic autoclave.
It has a capacity of 150 L and a maximum working temperature of 134 �C.
Equipped with safety features like automatic shutoff preventing overload of current, auto protection against raised temperature and pressure making a reliable and user-friendly device.
The Laboratory Centrifuge Equipment Market is relied upon to enrol a CAGR of under 5% during the estimate time frame ascribing to the high pervasiveness of illnesses prompting expanding selection of rotators in blood donation centres for infection conclusion and distinguishing the sicknesses along these lines, driving the general market.
For example, According to Centres for Disease Control and Prevention in 2016 US has more than 1 lakh individuals going through the treatment of end stage kidney infection (ESKD) prompting the reception of these rotators for illness analysis and test filtration.
In addition, an expansion in R action and mechanical progression in lab axes is likewise boosting the market as rotators are fundamental hardware in the exploration research centres.
Mechanical progression in the laboratory centrifuge equipment as far as speed, comfort, security conservativeness, and precision are again boosting the market.
For example, an organization name Thermo Scientific has Fiberlite rotors which is innovatively cutting-edge and is made of carbon fiber which builds adaptability and makes them impervious to compound erosion.
In addition, axes with high velocity highlights will diminish the time needed for centrifugation and headways in the plan of rotator will likewise make it simpler to supplant which further drives the market to a specific degree.
Recently published a report entitled Laboratory Centrifuge Market projected till 2026, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.
Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The study offers a decisive view of the global laboratory centrifuge market by segmenting it in terms of product type, application and end-user.
The report analyzes these subsets with respect to the regional segmentation.
This research study will prepare marketers for the evolving needs of their customers.Request a FREE Sample Copy of Laboratory Centrifuge Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/laboratory-centrifuge-market/download-sampleBy TypeMicro centrifugeUltracentrifugeOthersBy ApplicationDiagnosticMicrobiologyGenomicsProteomicsBlood Component SeparationOthersBy End-UseBiotechnologyHospitalMedicalOthersThis research report also includes profiles of major companies operating in the global market.
Some of the prominent players operating in the global laboratory centrifuge market are Agilent Technologies, Inc., Andreas Hettich GmbH & Co.KG, Beckman Coulter, Inc., Bio-Rad Laboratories, Inc., Biosan Laboratories, Inc., Centurion Scientific Ltd., Cole-Parmer Instrument Company, LLC, Drucker Diagnostics, LLC, Eppendorf AG, Froilabo, Hermle Labortechnik GmbH, Koki Holdings Co., Ltd., Kubota Corp., Labnet International, Inc., Merck KGaA, and others.
This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.This section covers laboratory centrifuge market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa.