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Laboratory Centrifuge Market.pptx
1. Laboratory Centrifuges Market
Global Forecast to 2026
Laboratory Centrifuges
Market is expected to reach
$ 2.2 Billion by 2026
Growing at a
CAGR of 4.0% (2021 – 2026)
2. The laboratory centrifuges market is projected to reach USD 2.2
billion by 2026 from USD 1.8 billion in 2021, at a CAGR of 4.0%
from 2021 to 2026.
The major players operating in this market are Thermo Fisher Scientific, Inc.
(US), Danaher Corporation (US), and Eppendorf AG (Germany), KUBOTA
Corporation (Japan), Sigma Laborzentrifugen GmbH (Germany), NuAire
(US), Sartorius AG (Germany)
3. Thermo Fisher Scientific, Inc. (US) was the leading player in the global laboratory
centrifuges market, in 2020. The company’s strong brand recognition and extensive
product portfolio in the laboratory centrifuges market is its key strength. To maintain a
leading position in the market, the company focuses on R&D activities to develop and
introduce new products in the market.
The company increased its R&D expenditure from USD 1,003 million in 2019 to USD
1,181 million in 2020. Thermo Fisher Scientific has a robust promotional strategy in
place and participates in various trade exhibitions, seminars, and workshops to promote
its products.
4. Danaher (US)
Danaher Corporation (US) was the second-largest player in the global laboratory centrifuges
market, in 2020. The acquisition of Beckman Coulter in 2011 made Danaher a key competitor in
the laboratory centrifuges market. This acquisition helped Danaher to expand its product
portfolio in the area of clinical diagnostics through the addition of new and complementary
product offerings. The company also focuses on product development, which led to the release
of the Avanti JXN-30 centrifuge. In the past few years, Danaher focused on the strengthening of
its business over four decades by acquiring and integrating new companies into a unified whole,
improving them through a group of distinctive management practices known as the Danaher
Business System (DBS).
5. Eppendorf AG (Germany)
Eppendorf AG (Germany) was the third-largest player in the global laboratory centrifuges
market 2020. The company’s leading position in the market can be attributed to its focus
on product innovation. The company focuses on the development of its R&D capabilities,
core competence, and on meeting customer and market demands. This has allowed
Eppendorf to introduce innovative products in the market. In the last two years, the
company launched its Multipurpose Centrifuge 5910 Ri, Refrigerated 24-place centrifuge
5425 R, and Refrigerated 24-place centrifuge 5425. This strengthened the company’s
product portfolio, brand recognition and helped it to maintain its position in the market.
The company has a strong presence in Europe, North America, South America, Asia
Pacific, and Africa. It also has subsidiaries in more than 28 countries.