Laboratory Centrifuge Equipment Market Trends,
Outlook, and Opportunity Analysis, 2018 – 2026
Laboratory centrifuge is an equipment used to separate different material from liquid medium
based on their density, shape, size, and viscosity of liquid medium in which they are dissolved.
Centrifuge equipment works on the principle of centrifugation, in which denser material settles
at the bottom of a centrifuge tube. Centrifuge is used in various applications such as separation
of cellular element such as RBC and WBC from blood sample, In hematology lab for Packed
Cell Volume determination (Diagnostic Purpose majorly), removal of cellular component for
microscopic study (Research Purpose), removal of protein precipitate from analytical sample,
isolation of macromolecules such as DNA, RNA, and lipids from cell, and separation of solid or
semisolid precipitant from analytical sample or two immiscible fluids from each other in
suspension (Research Purpose). Increasing demand for multifunction, reliable and durable
laboratory centrifuge equipment to conduct variety of laboratory work as mentioned above is
driving growth of the laboratory centrifuge equipment market.
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Increasing diagnostics and research and development activities to fuel the growth of laboratory
centrifuge equipment market
According to the World Health Organization (WHO) fact sheet, in 2017, 70% of deaths
worldwide were due to non-communicable disease (NCD) such as cardio-vascular disease,
cancer, diabetes, which is influencing pharmaceutical companies to invest more in research and
development of cost-effective therapies, ultimately increasing demand for essential lab
equipment such as centrifuge. According to World Economic Forum 2015 statistics,
pharmaceutical companies invest majorly on research and development (Astra Zeneca tops the
list with investment of 25.5% of its total revenue of financial year 2014-15). Increasing health
awareness among population is propelling the growth of diagnostic market for which laboratory
centrifuge equipment is essential. North America region is leading the centrifuge equipment