Laboratory Centrifuges Market worth $2.2 billion by 2026

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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)
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Thermo Fisher Scientific, Inc. (US) was
the leading player in the global laboratory
centrifuges market, in 2020. The companys 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 RD activities to
develop and introduce new products in the
market. The company increased its RD
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.
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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).
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Eppendorf AG (Germany) Eppendorf AG
(Germany) was the third-largest player in the
global laboratory centrifuges market 2020. The
companys leading position in the market can be
attributed to its focus on product innovation.
The company focuses on the development of its RD
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 companys 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.