Global Next Generation Centrifuge Market a CAGR of 6.1% in terms of value during the forecast period (2017–2025) at nearly US$ 1,380 Mn by end 2025

Press Release – 07 Jan 2019
Research and Development News --
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Latest Update "Global Market Study on Next Generation Centrifuge: Asia Pacific and Europe Regional Markets to Lead in Terms of CAGR During 2017-2025" with Industries Survey | Global Current Growth and Future.
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“Rising government and private initiatives to support research likely to boost the next generation centrifuge market”

The increasing advancement in clinical and medical fields has increased the awareness for the need of a better healthcare system. Various government amendments for research and development and diagnostic services is expected to enhance the growth of the next generation centrifuge market during the forecast period. Increasing government initiatives to develop access to healthcare is expected to play a key role in the growth of the market. The S10 Instrumentation Program is one such program initiated by the National Institute of Health (NIH) that allows NIH-supported investigators to purchase or upgrade a single item of specialized or commercially available instrumentation or an integrated system that costs at least US$ 100,000. High-end instrumentation grant program of NIH allows investigators to purchase a single major item of equipment for biomedical research that costs at least US$ 750,000.
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Various government initiatives in collaboration with other organizations to encourage R&D activities in the field of medical science is expected to boost the growth of the market.

“Increasing technological advancements in centrifuge systems aiding market growth”

With the increasing requirement of centrifuges, companies are introducing systems with new innovative products with advanced features. The advanced centrifuge system called as the next generation system tends to overcome the problems related to the speed, efficiency and volume faced using the conventional centrifuge system. The next generation centrifuge system includes advanced features such as automatic electric brakes, solid state speed control, electronic tachometer and safety cut off switch to stop the system if the lid is open. The new generation centrifuge systems are microprocessor controlled smart centrifuges, which provide high efficiency with more memory storage.

The global next generation centrifuge market was valued at US$ 815.4 Mn in 2016 and is projected to register a CAGR of 6.1% in terms of value during the forecast period (2017–2025) and be valued at nearly US$ 1,380 Mn by 2025.
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In this report the systems with advanced microprocessors, frequency drive motor, high internal memory, multi point lid locking, emergency lid release, imbalance detection, over speed sensor etc. have been included.

Market Taxonomy

By Product Type
- Refrigerated Centrifuge
- - Refrigerated Benchtop
- - Refrigerated Floor Standing

- Ambient Centrifuge
- - Ambient Benchtop
- - Ambient Floor Standing

By End Users
- Hospitals
- Academic and Research Organizations
- Biopharmaceuticals Companies
- Contract Research Organizations
- Diagnostic Centers

By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa

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