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21.10.2021 17:30

USD 269.25 Mn growth in Laboratory Centrifuge Market 2021-2025 | North America to Occupy 33% Market Share | Technavio

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NEW YORK, Oct. 21, 2021 /PRNewswire/ -- Technavio's latest offering, Laboratory Centrifuge Market report provides a detailed analysis on the competitive scenario, the pre- and post-COVID-19 impact on businesses, and the market growth across various regions.

Attractive Opportunities in Laboratory Centrifuge Market by Product, Application, and Geography - Forecast and Analysis 2021-2025

The laboratory centrifuge market size is set to grow by USD 269.25 million during 2021-2025, accelerating at a CAGR of over 3%.

Market Dynamics
The market is driven by factors such as the increasing number of biotechnology and pharmaceutical research studies and the increasing use of molecular diagnostics in hospitals. However, the high cost associated with maintenance and post-purchase service is hindering market growth.

Technological advances are expected to offer several growth opportunities for market players. On the other hand, the lack of availability in emerging countries will challenge their growth.

Company Profiles
The laboratory centrifuge market report provides complete insights on key vendors including Agilent Technologies Inc., Avantor Inc., Azer Scientific Inc., Benchmark Scientific Inc., Bio Rad Laboratories Inc., Biosan, Centurion Scientific Ltd., Corning Inc., Danaher Corp., and Eppendorf AG.

Competitive Analysis

The laboratory centrifuge market report includes the competitive analysis, which analyzes and evaluates the position of companies based on their industry position score and market performance score. Some of the factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Market Segmentation

  • By Product, the market is classified into benchtop centrifuges and floor standing centrifuges. The market witnessed maximum demand for benchtop centrifuges in 2020.
  • By Geography, the market is analyzed across North America, Europe, Asia, and ROW. North America will have the largest share of the market.

Related Reports:

Global Laboratory Shaker Market - Global laboratory shaker market is segmented by product (orbital shakers, incubator shakers, and other shakers), application (microbiology, molecular biology, and others), and geography (North America, Europe, Asia, and ROW).
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Global Laboratory Water Purifier Market - Global laboratory water purifier market is segmented by product (type II, type I, and type III), end-user (healthcare, research organizations and institutes, and others), and geography (Europe, North America, APAC, South America, and MEA).
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Laboratory Centrifuge Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of over 3%

Market growth 2021-2025

USD 269.25 million

Market structure

Fragmented

YoY growth (%)

2.75

Regional analysis

North America, Europe, Asia, and ROW

Performing market contribution

North America at 33%

Key consumer countries

US, China, UK, Germany, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Agilent Technologies Inc., Avantor Inc., Azer Scientific Inc., Benchmark Scientific Inc., Bio Rad Laboratories Inc., Biosan, Centurion Scientific Ltd., Corning Inc., Danaher Corp., and Eppendorf AG

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Technavio (PRNewsfoto/Technavio)

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