Technology Advancements and Rising Demand from Researchers Drive the Laboratory Centrifuges Market, According to a New Report by Global Industry Analysts, Inc.

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GIA announces the release of a comprehensive global report on Laboratory Centrifuges. The global market for Laboratory Centrifuges is projected to reach US$1.2 billion by 2020, driven by rising demand from researchers in clinical and research applications, development of sophisticated centrifuges, and surging demand from emerging economies.

Laboratory Centrifuges: A Global Strategic Business Report

Follow us on LinkedIn – Laboratory centrifuge represents a basic tool for sample preparation. Centrifuges underwent a spate of changes in terms of size, speed, safety, flexibility and automation to effectively address myriad requirements of users in various domains. Technological advances have led to the introduction of sophisticated equipment with advanced features including programming, cooling, noise reduction, changeable rotor system and automatic imbalance detection capabilities. Major factors fuelling growth in the market include aging population prone to diseases, increasing incidence of Hepatitis and HIV, growing adoption of automation platforms in hematology, rising demand for safe and enhanced quality of blood, and surging demand from end-use markets such as academics, pharmaceutical, food, retail, and chemical industries. The rising demand for smaller research equipment with equal or greater capabilities compared to their larger counterparts, with economical price and occupying less space is driving growth in the compact centrifuges market.

The market in the coming years will be driven by strong growth in the Ultracentrifuges market, surging demand for pathogen- or infection-free blood, growth in surgical procedures, and increasing private and public capital healthcare investments in emerging markets. With increasing aged population at a higher risk of developing cancer or other chronic medical conditions, there is a continuous increase in demand for advanced cell therapies, which is creating a favorable ground for the laboratory centrifuges market. The laboratory centrifuges market is also positioned to benefit immensely by enforcement of stringent regulations as well as increasing focus of medical device manufacturers to develop automated, improved solutions to collect, process and store blood and its components.

As stated by the new market research report on Laboratory Centrifuges, the United States continues to dominate the global laboratory centrifuges market. While Western economies with sophisticated medical infrastructure dominate the global market, emerging economies in Asia-Pacific, Latin America, and Eastern Europe are expected to drive future growth. Important growth drivers in emerging regions include healthcare reforms by governments, infrastructure development, strong technical capabilities and expansion of public insurance. Asia-Pacific is forecast to register the fastest CAGR of 5.0% in dollar terms over the analysis period. Micro Centrifuges and Ultracentrifuges represent the largest product segments in the global laboratory centrifuges market in terms of volume and value sales, respectively.

Key players covered in the report include Andreas Hettich GmbH & Co. KG, Beckman Coulter Inc., Becton, Dickinson and Company, Bio-Rad Laboratories Inc., Drucker Diagnostics, Eppendorf AG, Hitachi Koki Co. Ltd., Kubota Corporation, NuAire Inc., QIAGEN N.V., Sigma Laborzentrifugen GmbH, Thermo Fisher Scientific Inc., and US Centrifuge Systems LLC, among others.

The research report titled “Laboratory Centrifuges: A Global Strategic Business Report” announced by Global Industry Analysts Inc., provides a comprehensive review of market trends, issues, drivers, and strategic industry activities of global companies. The report provides market estimates and projections in volume (Units) and value (US$ Thousand) for all major geographic markets including the US, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (China and Rest of Asia-Pacific), Middle East, and Latin America. Product groups/segments analyzed in the report include Bench-Top Centrifuges, Floor Centrifuges, Micro Centrifuges, Specialty Centrifuges (Cell-Washing Centrifuges, Hematocrit Centrifuges, and Cytological Centrifuges), and Ultracentrifuges.

For more details about this comprehensive market research report, please click here

About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes 1500+ full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world's largest and reputed market research firms.

Global Industry Analysts, Inc.
Telephone: 408-528-9966
Fax: 408-528-9977
Email: press(at)StrategyR(dot)com
Web Site: http://www.StrategyR.com/

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