Laboratory Centrifuge Market
Laboratory Centrifuge Market Analysis by Product Type (Multipurpose Laboratory Centrifuges, Micro-Centrifuges, UltraCentrifuges), by Application (Biotechnology & Pharmaceutical Companies, Academic & Research Institutes, Hospitals, Diagnostics), by Region - Global Forecast 2022 to 2032
Analysis of Laboratory Centrifuge market covering 30 + countries including analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Laboratory Centrifuge Industry Outlook (2022 to 2032)
The global Laboratory Centrifuge market is likely to be valued at US$ 1.65 Billion in FY 2022, up from US$ 1.6 Billion in 2021. During the past year, the industry registered a Y-o-Y increase worth 3.1%.
| Report Attributes | Details |
|---|---|
| Anticipated Base Year Value (2021) | US$ 1.6 Billion |
| Expected Market Value (2022) | US$ 1.65 Billion |
| Projected Forecast Value (2032) | US$ 2.1 Billion |
| Global Growth Rate (2022 to 2032) | 2.4% CAGR |
| Growth Rate of the U.S Market (2022 to 2032) | 12.5% CAGR |
| Expected Market Value of China (2032) | US$ 500 Million |
| U.K Market Expansion Rate (2022 to 2032) | 2.5% CAGR |
| Key Companies Profiled | Thermo Fisher Scientific Inc.; Becton, Dickinson and Company; Kubota Corporation; Danaher Corporation; Andreas Hettich GmbH & Co. KG; QIAGEN; HERMLE Labortechnik GmbH; Koki Holdings Co. Ltd |
From 2022 to 2032, laboratory centrifuge sales are poised to flourish at a CAGR of 2.4% to reach a value of US$ 2.1 Billion by the end of 2032.
Demand for Micro Laboratory Centrifuge will continue to thrive, with a documented CAGR of 3.5% during the 2015-2021 historical period of assessment, while the demand for Laboratory Centrifuge in Hospitals proliferated at a rate of 3.1% during the same period. The APAC will dominate the global market, registering a growth opportunity worth US$ 500 Million from 2022 to 2032.
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2015 to 2021 Laboratory Centrifuge Market Revenue Analysis vs. Market Outlook 2022-2032
According to Fact.MR, market research and competitive intelligence provider, from 2015 to 2021, the global laboratory centrifuges market has grown at a CAGR of almost 2%. The adoption of cutting-edge technologies across medical and diagnostic domains has spurred demand in recent years.
Amidst the COVID-19 pandemic, demand-supply dynamics were majorly disrupted in the initial half, as logistical and production constraints hindered adequate output. However, the healthcare industry prioritized diagnostics and treatment for infected patients, requiring testing at regular intervals. This gradually uplifted growth prospects eventually.
As the incidences of various chronic and infectious aliments become pronounced, healthcare providers will be required to invest a significant proportion of their activities towards frequent diagnostic testing, which will impel the demand for laboratory centrifuges. From 2022 to 2032, Fact.MR expects the market to surge at a CAGR of 2.4%.
Key Drivers Stimulating Laboratory Centrifuge Industry Expansion
Technological Advancements playing a Crucial Role in the Expansion of Laboratory Centrifuges Market
As the 21st century progresses, the global healthcare industry is experiencing heightened penetration of key technological advancements. From digitization to nano-devices, these breakthroughs have proven highly beneficial to the market for laboratory centrifuges. Devices such as benchtop and floor standing centrifuges are becoming mainstream.
Rising complexities in the nature and incidence of multiple chronic and infectious ailments are prompting healthcare providers to investigate advanced therapeutic and diagnostic approaches, for which deployment of sophisticated laboratory centrifuges is becoming important.
As the medical industry expands, there are increasingly more clinical trials and analytical tests requested for different lab procedures. With the demand for new labs and instruments, laboratory centrifuges will continue to increase. As a result of their cost-effective nature, they are highly demanded in the market.
Advances in R&D Contribute to Market Growth of Laboratory Centrifuge
The market for businesses that develop pharmaceuticals and biopharmaceuticals has boomed over the past few years. A lot of government and business investments are going into research and development for various medical sectors, which will result in a higher demand for laboratory centrifuges.
A significant increase in the demand for laboratory centrifuges in the market has been attributed to COVID-19 vaccines and tests in the market. Researchers are attempting to develop an antidote in various regions to reduce the number of deaths caused by the virus.
The researchers propose an open science approach would allow less reliance on the protection of intellectual property and promote more open sharing of tools and data about pharmaceutical industries.
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Key Challenges to Laboratory Centrifuge Industry Expansion
High-cost of Centrifuges Instruments May Hinder Market Expansion
Centrifuges are high-priced tools and require large expenditure post-purchase for standard and crucial maintenance. The high price of these instruments can be ascribed to their complex design, rotors, and microprocessors. In this marketplace, ultracentrifuges are among the priciest equipment. Their rotors only can cost up in the range of US$ 5,000 to 7,000, and benchtop rotors and floor standing rotors can cost about US$ 35,000 to 55,000.
Furthermore, numerous accessories such as tubes for high-speed centrifuges are very expensive, and small scratches or cracks can make them unusable and require replacement. Thereby, the high cost of lab centrifuges may restrict the growth of the global laboratory centrifuge industry.
Country-wise Analysis
How Opportunistic are Growth Prospects across the U.S Market?
Soaring Investment in Pharmaceutical Industry May Open Pool of Growth Opportunities
Fact.MR expects the U.S market to yield 40% of the overall demand for laboratory centrifuges by 2032. Backed by advancements in the pharmaceutical and biotechnology sectors, the market is anticipated to maintain its lead throughout the forecast period.
According to the Pharmaceutical Research and Manufacturers Association (PhRMA), U.S. firms conduct over half the world’s R&D in pharmaceuticals, which is worth US$ 75 billion, and hold intellectual property rights on most of the new medicines. This explains why the U.S. is the hotspot for laboratory centrifuge manufacturers. Based on Fact.MR’s forecast, the North America Laboratory Centrifuges industry is estimated to reach US$ 640 Million by the end of 2032 which is estimated to nearly US$ 510 Million in 2022, following a 2.3% CAGR.
How are Players in Germany Increasing their Sales Footprint?
Germany to Offer Countless Growth Prospects for Lab Centrifuge Business
Germany has been leading in the world’s second-largest laboratory centrifuge industry - Europe, for the past decade. Technical innovations and increases in R&D activities in various domains of biotechnology & pharmaceuticals are propelling the growth of suppliers in Germany.
As per a report published by the Germany Trade & Investment (GTAI), the pharmaceutical industry value increased 3% from 1.43 billion in 2014 to 1.47 billion in 2015 and is forecast to grow further after getting over the impact of the pandemic. This, in turn, will widen the growth scope for laboratory centrifuge suppliers in the country, expanding at around 4% CAGR. Fact.MR reveals that the European laboratory centrifuges market is likely to surpass a valuation of nearly US$ 590 Million through 2032.
How is China Generating Demand for Laboratory Centrifuges?
APAC region Likely to Maintain its Dominance in the Upcoming Future
China is the biggest market for laboratory centrifuges. Current market data indicate a high demand for medical equipment, which is reflected in the growth of the laboratory centrifuge installation in the market. Fact.MR expects it to garner a revenue share worth 55% until 2032.
The healthcare system has experienced an increase in the initial installment because of the inventive technology and procedures used in treating chronic diseases. In the region, diseases such as cancer, HIV, AIDS, and infectious diseases have all increased, and there has also been a huge increase in investments made by medical entrepreneurs to purchase compact-sized laboratory centrifuges. During the conjecture period, the valuation for the Chinese laboratory centrifuges market is likely to touch US$ 500 Million by 2032, evaluated to nearly US$ 370 Million in 2021. The aforesaid market registered a CAGR of 3% throughout the assessment period.
Country-wise Value CAGRs for Laboratory Centrifuge (2022 to 2032)
| Country | CAGR |
|---|---|
| U.S | 2.3% |
| Germany | 4% |
| china | 3% |
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Category-wise Insights
Which Product Type is Most Preferred in the Laboratory Centrifuge Market?
Micro-Centrifuges are Finding Novel Applications in Biotech Industry
The microcentrifuge is also known as a microfuge and is used to spin thin liquid samples at high speeds. Small samples of centrifugation are used for various biological applications. Various types of labs such as clinical, eco-technology, biotechnology, and pharmacological use these products.
A high demand exists for micro centrifuges manufactured from glass tubes to store samples for the process in medical laboratories and other industries. Its compact design and small footprint that takes up little space on a workbench are growing in popularity for laboratory use. A CAGR of 3.5% is expected for this segment.
By Application, which Laboratory Centrifuge is expected to Dominate?
Laboratory Centrifuge Industry Generates Highest Sales across Hospitals
Laboratory centrifuges are used in hospitals to test various blood sample separations, DNA, RNA separation, cell culture separation, and others. Moreover, they are utilized for studies of nucleic acids, viruses, polymers, proteins, and blood.
By separating sperm cells from semen, centrifuges can immunize a woman whose partner is infertile, which helps her fulfill her desire to be a parent. Assorted blood components can be utilized by hospitals according to patients' needs or to assist patients with treating sexually transmitted diseases. Nearly 50% of laboratory centrifuges are demanded by hospitals. This segment is witnessing an increment of nearly 3.1% annually across the globe.
Competitive Landscape
Prominent Laboratory Centrifuge providers are reliant on partnerships, collaborations, acquisitions, and new software launch to stay afloat in the global market. Constant innovations to ensure a seamless client-customer relationship are the main focus of prominent market players.
- Thermo Fisher Scientific, a leading global provider of science-related services, acquired PPD, Inc., a leading provider of clinical research services to the pharmaceutical and biotech industries. This acquisition will help Thermo Fisher to expand its services for pharmaceutical and biotechnology companies.
- In June 2021, Quest Diagnostics completed the acquisition of Mercy’s Outreach Laboratory Services business. The transaction aims to increase access to innovative, high-quality, and affordable laboratory services to provide affordable patient care throughout the Midwest. Upon completing the acquisition, Quest will gain immediate access to a wider network of healthcare professionals in Kansas, Arkansas, Missouri, and Oklahoma.
Key Segments Covered in the Laboratory Centrifuge Industry Survey
-
Laboratory Centrifuge by Product Type :
- Multipurpose Laboratory Centrifuges
- Micro Laboratory Centrifuges
- Ultra-Laboratory Centrifuges
- Other Laboratory Centrifuges
-
Laboratory Centrifuge by Application :
- Laboratory Centrifuges for Biotechnology & Pharmaceutical Companies
- Laboratory Centrifuges for Academic & Research Institutes
- Laboratory Centrifuges for Hospitals
- Laboratory Centrifuges for Diagnostics
- Laboratory Centrifuges for Other Applications
-
Laboratory Centrifuge by Region :
- North America Laboratory Centrifuge Market
- Latin America Laboratory Centrifuge Market
- Europe Laboratory Centrifuge Market
- Asia Pacific Laboratory Centrifuge Market
- The Middle East & Africa Laboratory Centrifuge Market
Table of Content
- 1. Executive Summary
- 2. Market Overview
- 3. Key Market Trends
- 4. Key Success Factors
- 5. Market Background
- 6. Global Market Volume (Units) Analysis 2015 to 2021 and Forecast, 2022 to 2032
- 7. Global Market - Pricing Analysis
- 8. Global Market Value Analysis 2015 to 2021 and Forecast, 2022 to 2032
- 9. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, by Product Type
- 9.1. Multipurpose Centrifuges
- 9.2. Micro-centrifuges
- 9.3. Ultra-centrifuges
- 9.4. Others
- 10. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, by Application
- 10.1. Biotechnology & Pharmaceutical Companies
- 10.2. Academic & Research Institutes
- 10.3. Hospitals
- 10.4. Diagnostics
- 10.5. Others
- 11. Global Market Analysis 2015 to 2021 and Forecast 2022 to 2032, by Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Europe
- 11.4. East Asia
- 11.5. South Asia
- 11.6. Oceania
- 11.7. Middle East and Africa (MEA)
- 12. North America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 13. Latin America Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 14. Europe Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 15. South Asia Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 16. East Asia Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 17. Oceania Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 18. Middle East and Africa Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 19. Key and Emerging Countries Market Analysis 2015 to 2021 and Forecast 2022 to 2032
- 20. Market Structure Analysis
- 21. Competition Analysis
- 21.1. Thermo Fisher Scientific Inc.
- 21.2. Becton, Dickinson and Company
- 21.3. Kubota Corporation
- 21.4. Danaher Corporation
- 21.5. Andreas Hettich GmbH & Co. KG
- 21.6. QIAGEN
- 21.7. HERMLE Labortechnik GmbH
- 21.8. Koki Holdings Co., Ltd
- 22. Assumptions and Acronyms Used
- 23. Research Methodology
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List Of Table
Table 01: Global Market Volume (‘000 Units) Analysis and Opportunity Assessment 2015 to 2032, By Product Type
Table 02: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2015 to 2032, By Product Type
Table 03: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2015 to 2032, By Application
Table 04: Global Market Value (US$ Mn) Analysis and Opportunity Assessment 2015 to 2032, By Region
Table 05: North America Market Value (US$ Mn) Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
Table 06: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2015 to 2032, By Product Type
Table 07: North America Market Value (US$ Mn) Analysis and Opportunity Assessment 2015 to 2032, By Application
Table 08: Latin America Market Value (US$ Mn) Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
Table 09: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2015 to 2032, By Product Type
Table 10: Latin America Market Value (US$ Mn) Analysis and Opportunity Assessment 2015 to 2032, By Application
Table 11: Europe Market Value (US$ Mn) Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
Table 12: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2015 to 2032, By Product Type
Table 13: Europe Market Value (US$ Mn) Analysis and Opportunity Assessment 2015 to 2032, By Application
Table 14: South Asia Market Value (US$ Mn) Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
Table 15: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2015 to 2032, By Product Type
Table 16: South Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2015 to 2032, By Application
Table 17: East Asia Market Value (US$ Mn) Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
Table 18: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2015 to 2032, By Product Type
Table 19: East Asia Market Value (US$ Mn) Analysis and Opportunity Assessment 2015 to 2032, By Application
Table 20: Oceania Market Value (US$ Mn) Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
Table 21: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2015 to 2032, By Product Type
Table 22: Oceania Market Value (US$ Mn) Analysis and Opportunity Assessment 2015 to 2032, By Application
Table 23: Middle East and Africa Market Value (US$ Mn) Analysis 2015 to 2021 and Forecast 2022 to 2032, By Country
Table 24: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2015 to 2032, By Product Type
Table 25: Middle East and Africa Market Value (US$ Mn) Analysis and Opportunity Assessment 2015 to 2032, By Application
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List Of Figures
Figure 01: Global Market Volume (in 000' Units) Analysis, 2015 to 2021
Figure 02: Global Market Volume Forecast (in 000' Units), 2022 to 2032
Figure 03: Pricing Analysis (US$) Per Product, By Region, 2022
Figure 04: Pricing Analysis (US$) Per Product, By Region, 2022
Figure 05: Global Market Value Analysis (US$ Mn), 2015 to 2021
Figure 06: Global Market Value Forecast (US$ Mn), 2022 to 2032
Figure 07: Global Market Absolute $ Opportunity, 2022 to 2032
Figure 08: Global Market Share Analysis (%), By Product Type, 2022 to 2032
Figure 09: Global Market Y-o-Y Analysis (%), By Product Type, 2022 to 2032
Figure 10: Global Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 11: Global Market Share Analysis (%), By Application, 2022 to 2032
Figure 12: Global Market Y-o-Y Analysis (%), By Application, 2022 to 2032
Figure 13: Global Market Attractiveness Analysis by Application, 2022 to 2032
Figure 14: Global Market Share Analysis (%), By Region, 2022 to 2032
Figure 15: Global Market Y-o-Y Analysis (%), By Region, 2022 to 2032
Figure 16: Global Market Attractiveness Analysis by Region, 2022 to 2032
Figure 17: North America Market Value Share, By Product Type, 2022
Figure 18: North America Market Value Share, By Application, 2022
Figure 19: North America Market Value Share, By Country, 2022
Figure 20: North America Market Value Analysis (US$ Mn), 2015 to 2021
Figure 21: North America Market Value Forecast (US$ Mn), 2022 to 2032
Figure 22: North America Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 23: North America Market Attractiveness Analysis by Application, 2022 to 2032
Figure 24: North America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 25: Latin America Market Value Share, By Product Type, 2022
Figure 26: Latin America Market Value Share, By Application, 2022
Figure 27: Latin America Market Value Share, By Country, 2022
Figure 28: Latin America Market Value Analysis (US$ Mn), 2015 to 2021
Figure 29: Latin America Market Value Forecast (US$ Mn), 2022 to 2032
Figure 30: Latin America Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 31: Latin America Market Attractiveness Analysis by Application, 2022 to 2032
Figure 32: Latin America Market Attractiveness Analysis by Country, 2022 to 2032
Figure 33: Europe Market Value Share, By Product Type, 2022
Figure 34: Europe Market Value Share, By Application, 2022
Figure 35: Europe Market Value Share, By Country, 2022
Figure 36: Europe Market Value Analysis (US$ Mn), 2015 to 2021
Figure 37: Europe Market Value Forecast (US$ Mn), 2022 to 2032
Figure 38: Europe Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 39: Europe Market Attractiveness Analysis by Application, 2022 to 2032
Figure 40: Europe Market Attractiveness Analysis by Country, 2022 to 2032
Figure 41: South Asia Market Value Share, By Product Type, 2022
Figure 42: South Asia Market Value Share, By Application, 2022
Figure 43: South Asia Market Value Share, By Country, 2022
Figure 44: South Asia Market Value Analysis (US$ Mn), 2015 to 2021
Figure 45: South Asia Market Value Forecast (US$ Mn), 2022 to 2032
Figure 46: South Asia Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 47: South Asia Market Attractiveness Analysis by Application, 2022 to 2032
Figure 48: South Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 49: East Asia Market Value Share, By Product Type, 2022
Figure 50: East Asia Market Value Share, By Application, 2022
Figure 51: East Asia Market Value Share, By Country, 2022
Figure 52: East Asia Market Value Analysis (US$ Mn), 2015 to 2021
Figure 53: East Asia Market Value Forecast (US$ Mn), 2022 to 2032
Figure 54: East Asia Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 55: East Asia Market Attractiveness Analysis by Application, 2022 to 2032
Figure 56: East Asia Market Attractiveness Analysis by Country, 2022 to 2032
Figure 57: Oceania Market Value Share, By Product Type, 2022
Figure 58: Oceania Market Value Share, By Application, 2022
Figure 59: Oceania Market Value Share, By Country, 2022
Figure 60: Oceania Market Value Analysis (US$ Mn), 2015 to 2021
Figure 61: Oceania Market Value Forecast (US$ Mn), 2022 to 2032
Figure 62: Oceania Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 63: Oceania Market Attractiveness Analysis by Application, 2022 to 2032
Figure 64: Oceania Market Attractiveness Analysis by Country, 2022 to 2032
Figure 65: Middle East and Africa Market Value Share, By Product Type, 2022
Figure 66: Middle East and Africa Market Value Share, By Application, 2022
Figure 67: Middle East and Africa Market Value Share, By Country, 2022
Figure 68: Middle East and Africa Market Value Analysis (US$ Mn), 2015 to 2021
Figure 69: Middle East and Africa Market Value Forecast (US$ Mn), 2022 to 2032
Figure 70: Middle East and Africa Market Attractiveness Analysis by Product Type, 2022 to 2032
Figure 71: Middle East and Africa Market Attractiveness Analysis by Application, 2022 to 2032
Figure 72: Middle East and Africa Market Attractiveness Analysis by Country, 2022 to 2032
Figure 73: U. S. Market Value Analysis (US$ Mn), 2022 & 2032
Figure 74: U. S. Market Value Share, By Product Type, 2022
Figure 75: U. S. Market Value Share, By Application, 2022
Figure 76: Canada Market Value Analysis (US$ Mn), 2022 & 2032
Figure 77: Canada Market Value Share, By Product Type, 2022
Figure 78: Canada Market Value Share, By Application, 2022
Figure 79: Mexico Market Value Analysis (US$ Mn), 2022 & 2032
Figure 80: Mexico Market Value Share, By Product Type, 2022
Figure 81: Mexico Market Value Share, By Application, 2022
Figure 82: Brazil Market Value Analysis (US$ Mn), 2022 & 2032
Figure 83: Brazil Market Value Share, By Product Type, 2022
Figure 84: Brazil Market Value Share, By Application, 2022
Figure 85: U. K. Market Value Analysis (US$ Mn), 2022 & 2032
Figure 86: U. K. Market Value Share, By Product Type, 2022
Figure 87: U. K. Market Value Share, By Application, 2022
Figure 88: Germany Market Value Analysis (US$ Mn), 2022 & 2032
Figure 89: Germany Market Value Share, By Product Type, 2022
Figure 90: Germany Market Value Share, By Application, 2022
Figure 91: France Market Value Analysis (US$ Mn), 2022 & 2032
Figure 92: France Market Value Share, By Product Type, 2022
Figure 93: France Market Value Share, By Application, 2022
Figure 94: Italy Market Value Analysis (US$ Mn), 2022 & 2032
Figure 95: Italy Market Value Share, By Product Type, 2022
Figure 96: Italy Market Value Share, By Application, 2022
Figure 97: Spain Market Value Analysis (US$ Mn), 2022 & 2032
Figure 98: Spain Market Value Share, By Product Type, 2022
Figure 99: Spain Market Value Share, By Application, 2022
Figure 100: Russia Market Value Analysis (US$ Mn), 2022 & 2032
Figure 101: Russia Market Value Share, By Product Type, 2022
Figure 102: Russia Market Value Share, By Application, 2022
Figure 103: China Market Value Analysis (US$ Mn), 2022 & 2032
Figure 104: China Market Value Share, By Product Type, 2022
Figure 105: China Market Value Share, By Application, 2022
Figure 106: Japan Market Value Analysis (US$ Mn), 2022 & 2032
Figure 107: Japan Market Value Share, By Product Type, 2022
Figure 108: Japan Market Value Share, By Application, 2022
Figure 109: South Korea Market Value Analysis (US$ Mn), 2022 & 2032
Figure 110: South Korea Market Value Share, By Product Type, 2022
Figure 111: South Korea Market Value Share, By Application, 2022
Figure 112: India Market Value Analysis (US$ Mn), 2022 & 2032
Figure 113: India Market Value Share, By Product Type, 2022
Figure 114: India Market Value Share, By Application, 2022
Figure 115: ASEAN Market Value Analysis (US$ Mn), 2022 & 2032
Figure 116: ASEAN Market Value Share, By Product Type, 2022
Figure 117: ASEAN Market Value Share, By Application, 2022
Figure 118: Australia Market Value Analysis (US$ Mn), 2022 & 2032
Figure 119: Australia Market Value Share, By Product Type, 2022
Figure 120: Australia Market Value Share, By Application, 2022
Figure 121: New Zealand Market Value Analysis (US$ Mn), 2022 & 2032
Figure 122: New Zealand Market Value Share, By Product Type, 2022
Figure 123: New Zealand Market Value Share, By Application, 2022
Figure 124: GCC Countries Market Value Analysis (US$ Mn), 2022 & 2032
Figure 125: GCC Countries Market Value Share, By Product Type, 2022
Figure 126: GCC Countries Market Value Share, By Application, 2022
Figure 127: Turkey Market Value Analysis (US$ Mn), 2022 & 2032
Figure 128: Turkey Market Value Share, By Product Type, 2022
Figure 129: Turkey Market Value Share, By Application, 2022
Figure 130: South Africa Market Value Analysis (US$ Mn), 2022 & 2032
Figure 131: South Africa Market Value Share, By Product Type, 2022
Figure 132: South Africa Market Value Share, By Application, 2022
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Competitive landscape highlights only certain players
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- FAQs -
What was the market worth for laboratory centrifuges in 2021?
As of 2021, Fact.MR estimated the laboratory centrifuge market to have reached US$ 1.6 Billion
What is the expected worth of the laboratory centrifuge industry in 2022?
By 2022, Fact.MR expected demand for laboratory centrifuges to reach US$ 1.65 Billion
At what rate did the laboratory centrifuge market flourish from 2015 to 2021?
From 2015-to 2021, the laboratory centrifuge market grew at a 2.1% value CAGR
What is the expected forecast CAGR for laboratory centrifuges from 2022-to 2032?
From 2022-to 2032, Laboratory Centrifuge demand is likely to surge at a 2.4% CAGR
At what value will the market for laboratory centrifuge close in 2032?
By 2032, the market for laboratory centrifuges is likely to be valued at US$ 5.1 Billion
What is the expected market value for the U.S laboratory centrifuge market?
By 2032, Fact.MR expects the U.S market for laboratory centrifuge to reach US$ 640 Million
How opportunistic is the Chinese market for laboratory centrifuges?
China is expected to register a 3% CAGR in the laboratory centrifuge industry
What are the expected growth rates for the German market?
Germany is expected to document a CAGR worth 4% from 2022 to 2032
Which product type will account for the maximum laboratory centrifuge revenue?
Micro laboratory centrifuge usage will be maximum, expanding at a 3.5% CAGR
By a, which category is likely to remain top-selling until 2032?
Laboratory centrifuge for hospitals will remain most preferred, expanding at a CAGR of 3.1% until 2032
Laboratory Centrifuge Market