Medical Centrifuge Market Size, Emerging Trends, Market Opportunities, Key Players And Forecast To 2033
The medical centrifuge market size has grown strongly in recent years. It will grow from $1.96 billion in 2023 to $2.09 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to scientific advancements, healthcare industry growth, biomedical research developments, clinical diagnostics evolution, safety standards improvement..The medical centrifuge market size is expected to see strong growth in the next few years. It will grow to $2.71 billion in 2028 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to rise in healthcare expenditure, point-of-care testing growth, demand for specialized centrifuges, digitalization and connectivity expansion, focus on energy efficiency.. Major trends in the forecast period include compact and portable designs, automation and integration, specialized centrifugation, advancements in rotor technology, energy efficiency and sustainability..
Market Overview -
A medical centrifuge is a machine that uses centrifugal force to separate different densities of items, remove moisture, or simulate gravity forces. These are used in various laboratories to separate fluids, gases, or liquids based on density.
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Surge In Research And Development Activities Fuels Growth In The Medical Centrifuge Market
A growing number of research and development activities are expected to propel the growth of the medical centrifuge market going forward. Research and development operations are used to enquire and obtain market knowledge before the commencement of the development process in order to build and launch new goods and services to the market and boost the bottom line of the business. Centrifuges are frequently employed in research and clinical facilities to purify cells, organelles, viruses, proteins, and nucleic acids. For instance, in July 2022, according to the Accelerating Access to Genomics for Global Health report issued by the World Health Organization (WHO), a Switzerland-based specialized health agency of the United Nations, due to the increasing investment made by the countries during the COVID-19 pandemic, the percentage of nations equipped to conduct genomic surveillance rose from 54% to 68% between March 2021 and January 2022. Therefore, the growing number of research and development activities is driving the growth of the market for medical centrifuges.
Competitive Landscape -
Major companies operating in the medical centrifuge market report are Aesthetic Group, Scilogex LLC, Drucker Diagnostics Inc., Sartorius AG, Qiagen N.V, Thermo Fisher Scientific Inc., Andreas Hettich GmbH & Co. KG, Danaher Corporation, Eppendorf AG, HERMLE Labortechnik GmbH, KUBOTA Corporation, NuAire Inc., Sigma Laborzentrifugen GmbH, Hitachi Koki Co. Ltd., Labnet International Inc., MSE UK Ltd., Neuation, REMI GROUP, Centurion Scientific Ltd., AccuBioTech Co. Ltd., Labocon, LaboGene ApS, Medline Scientific, MPW MED INSTRUMENTS, NuWind, Separation Technology Inc., SpInc.o Biotech Pvt. Ltd., Tharmac Biotech, Unico Inc., Zhermack SpA, ZIRBUS technology GmbH .
Innovative Medical Centrifuge To Elevate Laboratory Efficiency
Product innovation is a key trend gaining popularity in the medical centrifuge market. Major companies operating in the market are introducing innovative products to sustain their position in the medical centrifuge market. For instance, in April 2021, Eppendorf AG, a German-based developer, producer, and seller of products and services for laboratories, launched a new centrifuge designed to increase efficiency in the laboratory, the Centrifuge 5910 Ri. An innovative touchscreen interface allows for quick setting of desired parameters, while new documentation options and three levels of user management deliver enhanced security and traceability. The optional connection to the new VisioNize Digital Lab Suite allows notification of alarms and events, remote monitoring of the device, and convenient access to important documents such as certificates and operating manuals.
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Key Segments -
The medical centrifuge market covered in this report is segmented -
1) By Type: Bench-top, Floor-Standing, Tabletop, Portable
2) By Capacity: Microcentrifuge, Medium Capacity Centrifuge, Large Capacity Centrifuge
3) By Temperature: Refrigerated Centrifuge, Non-refrigerated Centrifuge
4) By End-User: Hospitals And Clinics, Ambulatory Surgical Centers, Other End Users
Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics
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