Laboratory Centrifuge Market Share, Trends (2022-27) | Forecast

 

Market Overview:

Over the course of the forecast period, the laboratory centrifuge market is anticipated to grow at a CAGR of 5%. (2022–2027)

The market for laboratory centrifuges has expanded due to the large COVID-19 patient pool and potential shortage of these machines. However, after a few years since the COVID-19 pandemic, when widespread vaccination and diagnosis have been accomplished, the demand for centrifuges is anticipated to resume growing at a regular rate. It has gradually slowed down to its prior growth or demand level. Due to the COVID-19 pandemic, businesses that deal with laboratory centrifuges will see an increase in sales and revenue in 2020.

It contained an integrated and automated colorimetric detection system. (Source: Journal Analyst 2021; Rapid molecular diagnostics of COVID-19 by RT-LAMP in a centrifugal polystyrene-toner-based microdevice with end-point visual detection. Thus, the COVID pandemic has had a significant impact on market growth.

Scope of the Report:

A laboratory centrifuge is a device that separates liquids, fluids, and gases using centrifugal force. The laboratory centrifuge market is divided into different categories based on the type of product (equipment, accessories), model (floor-standing centrifuges, benchtop centrifuges), intended use (clinical centrifuges, preclinical centrifuges, general purpose centrifuges), application (microbiology, cellomics, proteomics, diagnostics, and genomics), and geography (North America, Europe, Middle East, and Africa, and South America). Additionally, the market report includes projected market sizes and trends for 17 different countries across the world’s major geographic regions. The report provides the value for the aforementioned segments (in USD million).

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