AUS
NZ
UK
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GER
ESP
ITA
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SWE
GRC
IND
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UAE
LONDON, GREATER LONDON , UK, November 1, 2023 /EINPresswire.com/ -- The global medical centrifuge market is slated to experience substantial growth, with projections indicating an increase from $1.86 billion in 2022 to $1.97 billion in 2023, at a Compound Annual Growth Rate (CAGR) of 6%. Despite the impediments caused by the Russia-Ukraine conflict, including economic sanctions, supply chain disruptions, and a surge in commodity prices, the market is anticipated to reach $2.43 billion in 2027, maintaining a steady CAGR of 5.5%.
Role of Research and Development Activities in Market Expansion
The market is set to be driven by the mounting number of research and development operations, which play a vital role in acquiring market intelligence before the initiation of the product development process. These activities aid in the creation and launch of new products and services, thus augmenting business revenues. Medical centrifuges find extensive application in research and clinical facilities for the purification of cells, organelles, viruses, proteins, and nucleic acids. Notably, the World Health Organization (WHO) reported an increase in the percentage of countries equipped to conduct genomic surveillance, rising from 54% to 68% between March 2021 and January 2022, owing to heightened investments made during the COVID-19 pandemic. This underscores the pivotal role of research and development activities in driving the growth of the medical centrifuge market.
For a Comprehensive Analysis of the Global Medical Centrifuge Market, Refer to the sample report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9388&type=smp
Medical Centrifuge Market Segmentation:
• By Type: Bench-top, Floor-Standing, Tabletop, Portable
• By Capacity: Microcentrifuge, Medium Capacity Centrifuge, Large Capacity Centrifuge
• By Temperature: Refrigerated Centrifuge, Non-refrigerated Centrifuge
• By End-User: Hospitals And Clinics, Ambulatory Surgical Centers, Other End Users
Innovations Drive Market Competitiveness
In an effort to secure their market position, key players such as Eppendorf AG are focusing on introducing innovative products, exemplified by the launch of the Centrifuge 5910 Ri. This advanced centrifuge boasts a user-friendly touchscreen interface for efficient parameter setting, enhanced security, and traceability through multiple user management levels, and optional integration with the VisioNize Digital Lab Suite for comprehensive monitoring and access to crucial documentation.
Market Leaders and Acquisition Strategies
Eppendorf AG's acquisition of the centrifuge business of Koki Holdings Co., Ltd underscores the company's commitment to fortifying its market presence and expanding its offerings within the life science and pharma industries, as well as commercial and academic research sectors.
North America Leads, Asia-Pacific Displays Fastest Growth
In 2022, North America held the dominant share of the medical centrifuge market, while Asia-Pacific is projected to exhibit the fastest growth during the forecast period, presenting lucrative opportunities for the global medical centrifuge market.
For an In-Depth Analysis of the Global Medical Centrifuge Market, Access the Complete Report:
https://www.thebusinessresearchcompany.com/report/medical-centrifuge-global-market-report
Medical Centrifuge Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Trends, opportunities, strategies and so much more.
The Medical Centrifuge Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on medical centrifuge market size, medical centrifuge market drivers and trends, medical centrifuge market major players, medical centrifuge market competitors' revenues, market positioning, and medical centrifuge market growth across geographies. The medical centrifuge market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.
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