United States Dominating the Laboratory Centrifuge Market
In the recent years Centrifugation has emerged as one of
the most integral part of the biological labs. More than 90% of the research
labs dealing in life sciences use centrifugation process for multivarious
applications.Centrifugation can be counted as one of the most popular
techniques for liquid sample preparation.With a lifespan of around 15-20
years, Laboratory centrifuges typically constitute a product with a low
replacement demand. Let us take a look at the global market for laboratory
centrifuges.
Global
Segmentaion and Growth of Laboratory Centrifuge Market
The Centrifuge market can be divided into five segments. They are
refrigerated bench-top, non-refrigerated bench-top, floor models, high-speed
and ultra-centrifuges. Globally United States of America has emerged as the
largest market for laboratory centrifuges. It is followed by Europe and
Asia-Pacific. Laboratory centrifuges market in Europe is all set to do
business worth US$318 million by the year 2009. Germany and France jointly
occupies 40% of the European market. In Asia-Pacific region specialty
centrifuges market has been estimated to have done a business of US$12
million for the year 2007. According to industry estimates, the centrifuge
market is expanding at the annual rate of around 5%.
If product wise segmentation is considered then ultracentrifuges market is
ranked at the top with sales estimated at US$368 million fo the year 2007.
Though traditionally the core market for ultracentrifuges has been strong
but in recent times it is seeing some downturns due to sluggishness in
research activities.
For the the market segment of non-refrigerated bench-top centrifuges,
business worth $96 million has been estimated to be transacted for 2005.
Forecast
for the Laboratory Centrifuge Market
- In the coming years it is expected that multifunctional bench top
microcentrifuges would grow considerably.
- Asia-Pacific is all set to emerge as the region with the highest
growth potential for laboratory centrifuges. This rise is buoyed by
China, which is experiencing a considerable demand for ultracentrifuge
as well as high-speed refrigerated centrifuge.
- Increasing of research activities into genomics, proteomics and gene
therapy would lead to the demand for ultracentrifuges.
- The trend towards smaller and faster bench-top models would continue
to be in demand.
- By the year 2010 Laboratory Centrifuges Market would reach $945
million.
