Overview of Laboratory Centrifuge Market by Product (Equipment (Microcentrifuge/Ultracentrifuge)

In the report, the laboratory centrifuge market is segmented on the basis of products, rotor design, intended use, applications, end users, and regions. Based on products, the equipment segment is expected to account for the largest share in 2015, closely followed by the accessory segment. The microcentrifuges segment is expected to grow at the highest CAGR during the forecast period.

Asia is expected to be the fastest-growing region in the laboratory centrifuges market. Growth in this market can be attributed to the increased focus of companies on the emerging markets and increasing outsourcing of clinical trials to contract research organizations. This is due to growth in various applications such as blood transfusion, processing of blood and other tissues, and biomedical and biochemical analysis which requires centrifugation of small amounts of liquids.

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The laboratory centrifuges market is expected to reach USD 1.74 billion by 2020 from USD 1.53 billion in 2015, growing at a CAGR of 2.5% from 2015 to 2020. The market is categorized on the basis of product type, rotor design, intended use, application, end user, and region. The product type segment is further segmented into equipment and accessories. The equipment market segment is expected to witness the highest CAGR in the forecast period.

Factors such as increasing prevalence and incidence of diseases, growth in the research activities in the area of life sciences and biotechnology, and technological advancements are enabling this market to witness growth. Another major factor driving market growth is the greater emphasis laid on new product launches by market players. For instance, in January 2015, Beckman Coulter Life Sciences (a part of Beckman Coulter Inc.) launched the Avanti JXN-30 under its Avanti High-performance centrifuges segment. This expanded its centrifuges portfolio.

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The above-mentioned market research data, current market size, and forecast of future trends will help key players and new entrants to make the necessary decisions regarding product offerings, geographical focus, change in strategic approach, R&D investments for innovations in products and technologies, and levels of output in order to remain successful.

Some of the prominent players in the laboratory centrifuge market include Thermo Fisher Scientific, Inc. (U.S.), Beckman Coulter, Inc. (U.S.), Eppendorf AG (Germany), Kubota Corporation (Japan), and Sigma Laborzentrifugen GmbH (Germany). Single user license, a order copy of “Laboratory Centrifuge Market by Product (Equipment (Microcentrifuge/Ultracentrifuge), Accessories), Rotor Design, Intended Use, Application (Diagnostic/Microbiology/Proteomics/Genomics), End User (Hospital/Biotech/Pharmaceutical) - Global Forecast to 2020” research report at .

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