NEW YORK, Oct. 21, 2021 /PRNewswire/ -- Technavio's latest offering, Laboratory Centrifuge Market report provides a detailed analysis on the competitive scenario, the pre- and post-COVID-19 impact on businesses, and the market growth across various regions.
The laboratory centrifuge market size is set to grow by USD 269.25 million during 2021-2025, accelerating at a CAGR of over 3%.
The market is driven by factors such as the increasing number of biotechnology and pharmaceutical research studies and the increasing use of molecular diagnostics in hospitals. However, the high cost associated with maintenance and post-purchase service is hindering market growth.
Technological advances are expected to offer several growth opportunities for market players. On the other hand, the lack of availability in emerging countries will challenge their growth.
The laboratory centrifuge market report provides complete insights on key vendors including Agilent Technologies Inc., Avantor Inc., Azer Scientific Inc., Benchmark Scientific Inc., Bio Rad Laboratories Inc., Biosan, Centurion Scientific Ltd., Corning Inc., Danaher Corp., and Eppendorf AG.
The laboratory centrifuge market report includes the competitive analysis, which analyzes and evaluates the position of companies based on their industry position score and market performance score. Some of the factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
By Product, the market is classified into benchtop centrifuges and floor standing centrifuges. The market witnessed maximum demand for benchtop centrifuges in 2020.
By Geography, the market is analyzed across North America, Europe, Asia, and ROW. North America will have the largest share of the market.
Global Laboratory Shaker Market - Global laboratory shaker market is segmented by product (orbital shakers, incubator shakers, and other shakers), application (microbiology, molecular biology, and others), and geography (North America, Europe, Asia, and ROW).
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Global Laboratory Water Purifier Market - Global laboratory water purifier market is segmented by product (type II, type I, and type III), end-user (healthcare, research organizations and institutes, and others), and geography (Europe, North America, APAC, South America, and MEA).
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Laboratory Centrifuge Market Scope
Growth momentum & CAGR
Accelerate at a CAGR of over 3%
Market growth 2021-2025
USD 269.25 million
YoY growth (%)
North America, Europe, Asia, and ROW
Performing market contribution
North America at 33%
Key consumer countries
US, China, UK, Germany, and Japan
Leading companies, competitive strategies, consumer engagement scope
Agilent Technologies Inc., Avantor Inc., Azer Scientific Inc., Benchmark Scientific Inc., Bio Rad Laboratories Inc., Biosan, Centurion Scientific Ltd., Corning Inc., Danaher Corp., and Eppendorf AG
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
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