Laboratory Centrifuges Market to USD 2.65 Billion by 2032,

From GlobeNewswire: 2024-11-21 08:21:00

The Laboratory Centrifuges Market was valued at $1.76 billion in 2023 and is projected to reach $2.65 billion by 2032, with a CAGR of 4.64% from 2024-2032. Advancements in medical research and diagnostics are driving demand for centrifuges, especially in clinical, research, and biotechnology applications.

Technological advancements in centrifuge design, such as better rotors, higher speeds, and automation, are fueling market growth. These innovations improve performance, precision, and sample handling capabilities, making modern centrifuges essential in healthcare, research, and industrial settings.

In 2023, floor-standing centrifuges dominated with a 54.88% market share, while clinical centrifuges led with over 46%. North America held a 36% market share in 2023, driven by advanced healthcare infrastructure and technological advancements, while the Asia Pacific market is experiencing rapid growth due to expanding research and healthcare sectors.

Recent developments include Boekel Scientific introducing 11 new centrifuge models and Eppendorf launching the Centrifuge 5427 R with hydrocarbon cooling. These advancements aim to provide more precise and sustainable laboratory equipment solutions for various applications.

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