Laboratory Centrifuge Equipment Industry Is Booming Across the Globe Explored in Latest Research
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.
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
market. According to Organization for Economic Co-operation and
Development (OECD) report, North America spends 2.5% more than rest
of OECD countries on health in which diagnostics holds a major share.
The recent past has witnessed a significant increase in number of
clinical trials for generic products (Bioequivalence safety and
efficacy) due to off patenting of novel drug molecules, which in turn
is increasing the demand for centrifuge equipment. There is a very
positive environment even at supranational union level where group of
countries coming together to achieve common development goals like
health through collaborative efforts e.g. United Nations has declared
Healthy lives and promoting well-being for all at all ages as its
Sustainable development goal no. 3 which nations has committed to
achieved by 2030 through their individual effort.
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Laboratory
Centrifuge Equipment Market Taxonomy:
On the basis of
rotor design:
Fixed Angle
Rotor
Horizontal Rotor
Vertical Rotor
On the basis of
application area:
Diagnostics
Research and
Development
On the basis
configuration:
Bench Top
Portable
Micro centrifuge
Ultracentrifuge
On the basis of
temperature variation facility:
Refrigerated
Non-Refrigerated
On the basis of
speed of rotation:
Low
High
Ultra
On the basis end
user:
Diagnostic
laboratories
Pharmaceutical
and Biotech companies
Research and
academic places
Technological
advancement and development of new medicinal approaches such as
personalized medicine and pharmacogenomics are propelling growth of
the laboratory centrifuge equipment market. This is owing to
increasing adoption of gene testing and associated procedures that
extensively requires efficient and high precision centrifuge
equipment. The market has witnessed major technological advancements,
with market players focusing on differentiating their products by
integrating latest technologies. In November 2017, Beckmann Coulter
launched Avanti J-15 series laboratory centrifuge equipment, which
runs on harmonic technology that reduces time by 10% for
centrifugation, improves operational efficiency, and performs
different functions (Blood sample processing, nucleic acid
purification, Cell Culturing, protein concentration, and assay) that
otherwise requires different centrifuge equipment.
Major players in
the global laboratory centrifuge equipment market include Thermo
Fisher Scientific, Eppendorf Corporation, Beckmann Coulter Inc.,
Hettich Lab Technology, Danaher Corporation, Hitachi Koki ltd., and
Bio-Rad Laboratories.
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