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Global Medical Centrifuge Market – Industry Trends and Forecast to 2030

Medical Devices

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Global Medical Centrifuge Market – Industry Trends and Forecast to 2030

  • Medical Devices
  • Upcoming Report
  • Jan 2023
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Medical Centrifuge Market – Industry Trends and Forecast to 2030

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2022–2030
Diagram Market Size (Base Year) USD 1.80 USD Billion
Diagram Market Size (Forecast Year) USD 2.56 USD Billion
Diagram CAGR %

Major Markets Players

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Global Medical Centrifuge Market, By Capacity (Microcentrifuge, Medium Capacity Centrifuge, and Large Capacity Centrifuge), Component (Instruments and Rotors), Type (Bench-topC, Floor-Standing, Tabletop, Portable), Application (Laboratory, Clinical, Pharmaceutical), Temperature (Refrigerated Centrifuge, and Non-refrigerated Centrifuge), End Users (Hospitals and Clinics, Ambulatory Surgical Centers, Others) – Industry Trends and Forecast to 2030.

Medical Centrifuge Market

Medical Centrifuge Market Analysis and Size

Numerous types of laboratory centrifuge are widely available to meet the exact requirement of component separation. Hospitals and diagnostic centers are the major shareholders of microcentrifuges. Medium capacity centrifuge segment is expected to record increased growth rate during the forecast period due to several applications of these equipments in the life science industry and its ability to accommodate several types, sizes and volumes of centrifuge tubes.

Data Bridge Market Research analyses that the medical centrifuge market is expected to reach USD 2.56 billion by 2030, which is USD 1.8 billion in 2022, and is expected to undergo a CAGR of 4.5% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.

Medical Centrifuge Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Capacity( Microcentrifuge, Medium Capacity Centrifuge, and Large Capacity Centrifuge), Component (Instruments and Rotors), Type (Bench-topC, Floor-Standing, Tabletop, Portable), Application (Laboratory, Clinical, Pharmaceutical), Temperature (Refrigerated Centrifuge, and Non-refrigerated Centrifuge), End Users (Hospitals and Clinics, Ambulatory Surgical Centers, Others)

Countries Covered

U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

Market Players Covered

Aesthetic Group (U.S.), SCILOGEX, LLC (U.S.), Drucker Diagnostics (U.S.), Sartorius AG (Israel), QIAGEN (Germany), Merck KGaA (Germany), Cole-Parmer Instrument Company, LLC (India), Andreas Hettich GmbH & Co. KG (Germany), Danaher. (U.S.), Koki Holdings Co., Ltd. (Japan), Nuaire (U.S.) , BD (U.S.), KUBOTA Corporation.(Japan)

Market Opportunities

  • Wide Availability of Centrifuge Types

Market Definition

A medical centrifuge is a type of laboratory device used to separate fluids, gas or liquid, based on density. The separation is achieved by spinning a vessel that contains material at high speed; where the centrifugal force pushes heavier materials to the outside of the vessel. It works on the principle of sedimentation, which is under the influence of gravitational force (g-force), substances separate according to their density

Medical Centrifuge Market Dynamics

Drivers

  • Increased Advanced Technologies

The increased innovation in technologies increasing durability safety, speed, efficiency, and accuracy is projected as an opportunity For the market growth. For instance, Eppendorf AG introduced Eppendorf Centrifuge 5910 Ri in April 2021 to increase the centrifugation steps of the workflow. This technology is a touch screen interface that allows for quick setting of desired parameters while three levels of user management and new documentation options offer enhanced security and traceability. Furthermore, ThermoFisher Scientific Inc. launched a 1.6 L benchtop and 4 L floor-standing centrifuge systems in March 2021. The features include unique full color, glass touchscreen display for efficient workflow. The 4 L systems in the General Purpose Pro Centrifuge Series have a high-speed rotor for both microplates and tube centrifuges and have increased product safety.

Opportunities

  • Wide Availability of Centrifuge Types

Different centrifuge types are creating much opportunities for the market growth. Medium capacity centrifuge is expected to increase the market growth rate during the forecast period due to several applications of these equipments in the life science industry and its ability to accommodate several types, sizes and volume of centrifuge tubes. Furthermore, biopharmaceutical companies extensively use large capacity centrifuges for sample preparation, batch production, cell harvesting and microfiltration of aqueous solutions. Moreover, the blood banks regularly use large-capacity centrifuges for blood component separation.

Restraints/Challenges

  • High cost of Centrifuges

The centrifuges are pretty much expensive and require major cost for its maintenance. Its complex motors, microprocessors are much higher. Their rotors cost around USD 5000 to 7000 and benchtop rotors cost around USD 30,000 to 55,000. Thus, it hampers the market growth.  

  • High Exposure to Hazardous Aerosols

The centrifugation of hazardous samples may lead to the exposure of harmful chemicals, reagents, radioactive agent. These can affect the technicians working there and can cause damage to the equipment. There are cases where the lab personnel contract diseases due to the harmful aerosols in labs. Thus, this hampers the market growth.

This medical centrifuge market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the medical centrifuge market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Global Medical Centrifuge Market

During the pandemic, chemical and biological research investments have shaken down the market. Fluid separation has appeared as an important application across the chemical industry. Furthermore, rising focus on the study of liquids across the chemical industry is also developing new opportunities for market growth.

In the post pandemic era, there are new avenues for growth globally. Separation of liquids and gases during chemical experiments demands the use of laboratory centrifuge by chemical engineers and researchers. The primary role of centrifugal acceleration and density studies in the chemical industry has also covered the gaps between market launch and full-fledged market expansion.

Global Medical Centrifuge Market Scope

The medical centrifuge market is segmented on the basis of capacity, component, type, application, temperature and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Capacity

  • Microcentrifuge
  • Medium Capacity Centrifuge
  • Large Capacity Centrifuge

Component

  • Instruments
  • Rotors
  • Fixed Angle Rotors
  • Swing-out Doors
  • Vertical Rotors

Type

  • Bench-topC
  • Floor-Standing
  • Tabletop
  • Portable

Application

  • Laboratory
  • Clinical
  • Pharmaceutical

Temperature

  • Refrigerated Centrifuge
  • Non-refrigerated Centrifuge

End-user

  • Hospitals and Clinics
  • Ambulatory Surgical Centers
  • Others

Medical Centrifuge Regional Analysis/Insights

The medical centrifuge market is analyzed and market size insights and trends are provided by capacity, component, type, application, temperature and end-user as referenced above.

The countries covered in the medical centrifuge market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the medical centrifuge market due to increasing favourable government initiatives to improve healthcare infrastructure and growing investments for R&D of innovative products that can be used for clinical trials in this region.

Asia-Pacific is expected to grow at the highest growth rate in the forecast period of 2023 to 2030 because of the increasing developments in biotechnology and pharmaceutical industries.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Healthcare Infrastructure Growth Installed base and New Technology Penetration

The medical centrifuge market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for medical centrifuge market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the medical centrifuge market. The data is available for historic period 2011-2021.

Competitive Landscape and Global Medical Centrifuge Market Share Analysis

The medical centrifuge market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to medical centrifuge market.

Some of the major players operating in the medical centrifuge market are:

  • Aesthetic Group (U.S.)
  • SCILOGEX, LLC (U.S.)
  • Drucker Diagnostics (U.S.)
  • Sartorius AG (Israel)
  • QIAGEN (Germany)
  • Merck KGaA (Germany)
  • Cole-Parmer Instrument Company, LLC (India)
  • Andreas Hettich GmbH & Co. KG (Germany)
  • Danaher. (U.S.)
  • Koki Holdings Co., Ltd. (Japan)
  • Nuaire (U.S.)
  • BD (U.S.)
  • KUBOTA Corporation. (Japan)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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FREQUENTLY ASK QUESTIONS

The Medical Centrifuge Market is projected to grow at a CAGR of 4.5% during the forecast period by 2030.
The future market value of the Medical Centrifuge Market is expected to reach USD 2.56 billion by 2030.
The major players in the Medical Centrifuge Market are Aesthetic Group (U.S.), SCILOGEX, LLC (U.S.), Drucker Diagnostics (U.S.), Sartorius AG (Israel), QIAGEN (Germany), Merck KGaA (Germany), Cole-Parmer Instrument Company, LLC (India), etc.
The countries covered in the Medical Centrifuge Market are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Egypt, Israel, etc.
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