The Laboratory Centrifuge Companies Size was valued at USD 2.52 Billion in 2023. The Global Laboratory Centrifuge Companies size is estimated to grow at a CAGR of 4% over the forecast period.
Market drivers for laboratory centrifuges include the growth of biotechnology, pharmaceuticals, and clinical diagnostics. In this highly competitive space, five companies emerged as the Big Five, with dominating market share and emerging technologies. Some of the key players in the Laboratory Centrifuge Companies market include Thermo Fisher Scientific Inc., Danaher Corporation, Eppendorf AG, Sartorius AG and Andreas Hettich GmbH & Co. KG. By driving innovation, making strategic acquisitions, and committing serious investments, they are writing the future of laboratory centrifugation.
Here is a list of the top 5 companies with the biggest market share:
Thermo Fisher Scientific Inc.: Thermo Fisher Scientific is a prominent player in the laboratory centrifuge market, providing a broad portfolio of centrifuge products for several applications, such as clinical diagnostics, biotechnology, and pharmaceutical research. A strong commitment to innovation combined with an extensive product portfolio has established the company as a market leader.
Danaher Corporation: Beckman Coulter, a subsidiary of Danaher, is a significant manufacturer of laboratory centrifuges. Beckman Coulter’s centrifuges are known for their reliability and performance and they are the choice of clinical and research laboratories across the globe. Danaher's focus on innovation and customer-focused solutions has propelled the company's success in the market.
Eppendorf AG – a world leader in laboratory centrifuges providing user-friendly, high-quality centrifuges. The company’s centrifuges have usage in life science research, clinical diagnostics and industry. This success can be attributed to Eppendorf's ongoing investment in R&D and its commitment to sustainability.
Leading Market Players: Sartorius AG: Sartorius is a prominent manufacturer of laboratory centrifuges with innovative centrifuges for biopharmaceutical and academic research. Its focus on innovation and strategic acquisitions have allowed the company to expand its product portfolio and strengthen its position in the market.
Andreas Hettich GmbH & Co. KG: Hettich is a leading laboratory centrifuges manufacturer that provides precision and durable equipment. The company’s centrifuges are employed in clinical diagnostics, blood banking and research, among other applications. With a strong emphasis on quality and customer satisfaction, Hettich has established itself as a reliable brand in the market.
Recent Mergers and Acquisitions:
Notable mergers and acquisitions in the laboratory centrifuge market include: Danaher has strengthened its portfolio considerably in the life sciences space, incorporating centrifugation technologies, with its acquisition of Cytiva (previously part of GE Healthcare). Likewise, the acquisition of Qiagen by Thermo Fisher Scientific also enhanced its sample preparation and centrifugation capacity. This deepens the trend of consolidation in the market as the competitors jockey for their position, competing for growth.
In July 2024, Hettich Group established a growth partnership with Bregal Unternehmerkapital, acquiring a minority interest used to support Hettich's global expansion, particularly in Asia and the United States. “This partnership will strengthen Hettich's position as the front runner for robotic centrifuges.
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Market Overview (Recent Updates):
Laboratory Centrifuge Companies: Overview The Laboratory Centrifuge Companies market is moving at a fast pace, and it is only becoming more advanced with every passing day. Here is the first question of the day was from an unknown Indian writer: "Which are Centrifuges: e.g. Thermo Fisher Scientific?" In response to the increasing demand for energy-efficient laboratory equipment, Eppendorf introduced energy-efficient centrifuges. Sartorius has added several innovative solutions for biopharmaceutical applications to its centrifugation portfolio to address the growing demand for biologics and cell therapies. The new samples highlight the dynamic nature of the market and the desire to innovate.
In April 2023, Eppendorf introduced the Centrifuge 5427 R, a microcentrifuge that uses R290 (propane) as a refrigerant, as a sustainable and eco-friendly alternative to conventional refrigerants.
In June 2023, BD (Becton, Dickinson and Company) introduced the BD FACSDuet Premium System, which automates sample preparation in clinical flow cytometry diagnostics to improve diagnostic efficiency.
Investments and Funding:
The Laboratory Centrifuge Companies market is a lucrative sector, with considerable funding and investment pouring into the field. Thermo Fisher Scientific's focus on R&D coupled with its acquisitions shows its intent to stay ahead in its important market. The considerable investments that Danaher has made in Cytiva and other life science technologies showcase its intent to enhance its capabilities in centrifugation among other areas. Interestingly, various innovators, including smaller companies specializing in centrifugation technologies, are garnering funding to enable the advancement of their innovations, demonstrating a robust and competitive landscape in this domain.
Danaher Corporation (DHR) is the latest to build out its portfolio through the acquisition of Abcam, which strengthens its drug discovery and disease research position.
This new partnership with Bregal Unternehmerkapital is a significant investment for Hettich's brand values and further globalisation, especially in growth regions such as Asia and the United States.
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