Laboratory Centrifuge Market Research Report, Trends, Analysis and Forecast to 2023

A centrifuge is equipment used to put a body in rotatory motion about a fixed axis. This process involves applying a strong potential force perpendicular to the axis of spin (outward). Centrifuge equipments are widely used in bio-chemistry, molecular biology, pharmaceuticals, and others. Centrifugation is a process which is used for sedimentation of heterogeneous mixtures, in other terms for separation of mixtures by applying centrifugal force. The centrifuge equipment consists of electric motor that rotates around fixed axis by applying centrifugal force perpendicular to fixed axis. Centrifuge devices follow ultra-centrifugal separation techniques such as, density gradient, ultra filtration, pelleting, isopycnic, and phase separation as per application requirement.  The working principle of the centrifuge can be understood by the means of the sedimentation principle, where the centripetal acceleration causes the denser substances and particles to move outward in the radial direction. Moreover, objects that are relatively less dense are displaced and move to the center. The radial acceleration causes denser particles to settle down at the bottom of the tube in a laboratory centrifuge that uses sample tubes, while low-density substances rise to the top. The “Global  Laboratory Centrifuge Market” is expected to grow at a CAGR of 3.6% during the forecast period.

The impending patent cliff has also led to an increase in bio-pharmaceutical research activity. Furthermore, various factors such as the climate change, growth in population and increasing contact between humans and animals, have increased the threat of new virus outbreaks and various chronic diseases. With the growing prevalence and incidence of diseases such as HIV and hepatitis, the use of centrifuges has increased significantly, particularly in blood banks for disease diagnosis and blood component separation. This helps in detecting the diseases mentioned above and as a result, the high prevalence of these diseases will boost the use of centrifuges. Companies operating in the life science instruments market also increased their R&D investments for the development of innovative products to meet the research requirements of pharmaceutical and biotechnology companies. 

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Since centrifuges are essential equipment in the research laboratories, the increase in R&D activities will boost the growth of the centrifuges market. The major factors that propel the growth of the laboratory centrifuge market include technological advancements, rise in prevalence and incidence of disease, new product launches, and increase in adoption of automation techniques in hematology, increase in research activities in the field of life sciences & biotechnology, and increase in private & public healthcare investment. Increase in demand for centrifuges leading to development of ultracentrifuges, micro centrifuges and multi-purpose centrifuges provide many opportunities for the growth of this market.

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Increasing advancements in centrifuge devices for its wide application in diagnostic, clinical, veterinary, and analytical laboratories such as, increased instrument capacity and built-in compressors for refrigeration without increasing instrument’s size are the key factors expected to drive growth of the global laboratory centrifuge market during the forecast period. In addition, recent advancements in bench top centrifuge systems such as, touch screen feature for ease of use and quick response system to eliminate user errors and to optimize the tasks. This in turn attributes for smooth workflow in the laboratories by using this centrifuge equipment and is expected to boost growth of the global laboratory centrifuge market in the near future. Increasing need to develop effective solutions to prevent rising prevalence of chronic diseases across the globe is another factor expected to proliferate growth of the global laboratory centrifuge market, owing to key role of centrifuge equipment into drug development such as, identify and purify cells, sub cellular organelles, viruses, proteins, and nucleic acids. Furthermore, increasing need for centrifuge among clinical research laboratories is expected to support growth of the global laboratory centrifuge market, owing to diverse application support such as, sedimentation, filtration, and column chromatography. In addition, clinical centrifuge is widely used to centrifuge blood among healthcare sector, owing to its compact design and high capacity.

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Laboratory Centrifuge Market across Asia Pacific region has huge demand of growth on account of the increasing investments for research and development of innovative products that can be used for clinical trials and favorable government initiatives to improve the healthcare infrastructure among the emerging countries such as China, India, and Japan. In addition, rapidly developing health care network, rising disposable income, increased health care awareness, and reimbursement facilities are propelling the global market growth in the region. Additionally, companies are focusing in the countries such as India and China. 

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