The laboratory centrifuge market is estimated to witness a CAGR of 2.03% to reach US$1,383.193 million in 2024 from US$1,226.070 million in 2018. Laboratory a centrifuge is an equipment used to separate liquid samples by application of centripetal acceleration using sedimentation technique. It can be used for blood sample separation, DNA/RNA separation, cell culture separation, and other purposes such as a study of the virus, proteins, and polymers.

Moreover, it is used for specimen preparation, new molecule development in drug discovery, and analysis of foreign particles. The major factors that propel the growth of the laboratory centrifuge market include the rise in prevalence and incidence of disease, technological advancements, new products, and launches.

The laboratory centrifuges market has been segmented on the basis of By type, By rotor type, By end-user and geography.