Laboratory Centrifuges: Why Should Your Healthcare Business Take a Note of these Medical Devices?

Key takeaways:

• Introduction
• Application of centrifuges in different end-use industries
• The growth of the sector in North America and Asia-Pacific regions
• Latest developments in the sector

Centrifugation is a mechanical process wherein particles in a solution are separated using centrifugal force, according to their sizes, densities, viscosity, and rotor speeds. Since medical laboratories come across different solutions that need to be examined minutely, they have a huge demand for centrifuges, the devices which perform centrifugation.

Over the years, various types of laboratory centrifuges have been developed to suit the changing needs of the medical sector. For example, floor-standing centrifuges are generally non-portable and are designed for high-speed and high-capacity functions. On the other hand, microcentrifuges, as the name suggests, are portable and are suited for low-volume applications. Another type of laboratory centrifuge that has become popular in the past few years is the multipurpose centrifuge. These centrifuges offer versatility and can handle multiple tasks simultaneously.

Tracing the reasons behind the rising popularity of laboratory centrifuges

The incidence of chronic diseases has been continuously growing for the past few years. This has increased the caseload in medical laboratories which has significantly surged the demand for laboratory centrifuges. The COVID-19 pandemic saw a massive rise in the demand for these centrifuges for processes such as blood component separation, DNA/RNA extraction, subcellular fractionation, microbiological analysis, and protein purification. As a result of this, the demand for centrifuges from the medical sector has been increasing with each passing year.

Additionally, laboratory centrifuges find extensive applications in the life sciences domain. For example, researchers in the field of biology and chemistry regularly use centrifuges for separating different components of solutions like blood and other liquid compounds. Furthermore, chemistry labs use these centrifuges to efficiently separate solids from liquids, gases from gases, and liquids from liquids. Owing to this utility of centrifuges, they are widely employed in the pharmaceutical and food & beverages industry. In drug manufacturing processes, these devices play a vital role at every stage from raw material processing to final drug formulation.

Laboratory centrifuges have seen a huge increase in demand from geology due to their use in determining the characteristics of different soils. Centrifuges are used in mineral exploration applications for separating different types of minerals from their ores. Similarly, centrifuges are also used in the oil & gas exploration sector for efficient segregation of various components of crude oil into diesel, gasoline, lubricants, etc.

Analyzing the growth of the industry in North America and Asia-Pacific regions

The laboratory centrifuge industry has experienced a major boost all across the globe. However, the sector has been especially successful in the regions of North America and Asia-Pacific. While North America accounted for the highest market share in 2022, the Asia-Pacific region is expected to showcase the highest CAGR in the 2023-2032 period. The primary reason behind the growth of the industry in these regions is the rising number of people suffering from chronic and infectious diseases. As a result, the burden of these diseases has fallen on clinical laboratories which, in turn, has increased the demand for several medical devices including centrifuges.

Along with this, several governments across the globe have launched initiatives for improving the healthcare facilities in the medical institutions in their countries. From the citizens’ side too, there is a growth in demand for sophisticated public healthcare services. Both these factors have played an important role in the growth of the sector in the past few years. At the same time, various private companies have invested heavily in R&D activities in the medical sector. Also, the growing shift towards medical tourism and the rising disposable incomes of people in this region are anticipated to open up new opportunities in the industry. Due to these very factors, the industry in India is anticipated to rise at a CAGR of 6.7% during the 2023-2032 period.

What are the latest developments in the laboratory centrifuges sector?

The advent of centrifuges can be traced back to the 1850s when these devices were used for separating cream from milk. Since then, advanced technologies have been introduced in this sector which have completely transformed the industry in the past few years. For example, innovations and advancements in cooling technology have helped enhance centrifuge systems' performance without increasing their rotor speeds, thus improving their energy efficiency.

Along with this, new-age laboratory centrifuge systems are integrated with LCD technology which helps the user to efficiently interact with the system and control its functioning. Furthermore, some of the newly launched centrifuge systems have advanced functionalities such as self-check function and early imbalance detector which increase the accuracy of these systems.

To conclude, the growth of the laboratory centrifuge industry can be attributed to the rise in demand for centrifuge systems from different end-use industries including healthcare, life sciences, oil & gas exploration, etc. The growing incidence of infectious diseases across the globe, especially in North America and the Asia-Pacific region is expected to help the market strengthen its position in the coming period. 

For a detailed analysis of the growth drivers and investment opportunities available in the industry, feel free to contact us.

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