StemCell Therapy

Wilmington, Delaware, United States, Transparency Market Research Inc.: The global centrifuge market was valued at ~US$ 1 Bn in 2019 and is projected to expand at a considerable CAGR from 2020 to 2030. Centrifuges can be defined as machines, which employ centrifugal force for the separation of substances of different densities, aids in removing moisture, and for stimulation of gravitational effects.

The global centrifuge market is driven by the growth of the life sciences industry, increasing prevalence of infectious diseases, growing research in genomics and proteomics, and increasing prevalence of blood related diseases leading to the demand for blood components

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Centrifuge Market: Segmentation

The global centrifuge market has been segmented based on product, model type, rotor design, intended use, application, end user, and region

In terms of product, the global centrifuge market has been categorized into equipment and accessories. The equipment segment is further segmented into multipurpose centrifuges, microcentrifuges (excluding minicentrifuges), ultracentrifuges, floor model centrifuges, and high speed centrifuges. The ultracentrifuges sub-segment is further divided into preparative ultracentrifuges and analytical ultracentrifuges. The accessories segment is further sub-segmented into rotors, tubes, centrifuge bottles, buckets, plates, and other accessories.

Based on model type, the global centrifuge market has been classified into benchtop centrifuges and floor-standing centrifuges. In terms of rotor type, centrifuge market can be segmented into fixed-angle rotors, swinging-bucket rotors, vertical rotors, and others. Based on intended use, the centrifuge market has been segmented into general purpose centrifuges, clinical centrifuges, and preclinical centrifuges.

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In terms of application, the global centrifuge market has been divided into clinical, research, and biotherapeutic manufacturing. The clinical segment is further segmented into diagnostics, blood component separation, and blood banking. The research segment is sub-segmented into microbiology, cellomics, genomics, proteomics, and others. The biotherapeutic manufacturing segment is sub-segmented into viral vectors, antibodies, hormones, nanoparticles, plasmid preparation, and vaccine manufacturing.

In terms of end user, the global centrifuge market is segmented into hospitals and blood banks, biotechnology & pharmaceutical companies, CROs, C(D)MOs, and academic & research institutions

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Centrifuge Market: Regional Segmentation

In terms of region, the global centrifuge market has been divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

North America dominated the global centrifuge market in 2018 and the trend is expected to continue during the forecast period

The centrifuge market in Asia Pacific is anticipated to expand at a high CAGR from 2019 to 2027. Growth of the market in the region can be attributed to increase in the number of patients suffering from infectious diseases and focus of leading players on strengthening presence in emerging markets.

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Centrifuge Market: Major Players

These players focus on adopting inorganic growth strategies and product launches to strengthen their product portfolio. Thermo Fisher Scientific is one of the leading players in the centrifuge market. Its strong presence can be attributed to its extensive product portfolio and its strong brand recognition. Furthermore, the company strengthened its presence in the centrifuge market through a range of product launches over the years, including a range of blood banking centrifuges, Sorvall BP 8, and mini centrifuges. This enabled the company to enhance and expand its end user base.

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Centrifuge Market: Increasing Prevalence of Infectious Diseases to Drive the Market - BioSpace

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