According to a new report published by Allied Market Research, titled, โCentrifuge Market: Global Opportunity Analysis and Industry Forecast 2020-2027โ Centrifuges help in the separation of two different substances, which have a difference in their densities. They can also be essentially used to separate densities with almost indistinguishable densities. Additionally, they can be used to separate insoluble particulates in a solution. It uses sedimentation principle to work, which is centripetal force is caused when the rotor is sped up and affects the centrifuge tubes as well. This results in throwing out the denser substance away from the radial direction. Ultimately, the lighter particles travel toward the radial direction, which is toward the center. Some particles remain at the bottom of the tube during the process. They are called pellets; the other clarified solutions which are at the top of the tube are called supernatant.
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COVID-19 scenario analysis:
- Pharmaceutical and biotech companies together with governments around the globe are working to address the COVID-19 outbreak, from supporting the development of vaccines to planning for medicines supply chain challenges. Currently, around 115 vaccine candidates and 155 molecules are in the R&D pipeline. Moreover, commonly used drugs, such as hydroxychloroquine, have witnessed a dramatic surge in demand for the management of COVID-19.
- Such high demand for these drugs has presented huge opportunities for manufacturers of COVID-19 management drugs as many developed countries are short of these drugs. The pharmaceutical and biotechnology industries are expected to witness a significant growth in the future, owing to the demand for vaccine and treatment drugs for COVID-19.
- Attributed to such factors, COVID-19 is expected to have a significant impact on the centrifuge market.
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Increase in frequencies and rise in cases of disease; upgrades in technology; rise in R & D activities along with their funding in the field of biotechnology and life sciences; and introduction of new products are the major factors propelling the growth of the centrifuge market.
The adoption rate is increasing, thereby directly affecting the betterment of various automatic techniques and improving investments in both public and private healthcare. The demand has also risen for centrifuges, which propels the growth and development of ultracentrifuges, microcentrifuges, and multi-purpose centrifuges.
Various manufacturers have been working for the betterment of life science instruments market and helping in the growth of research and development activities to meet the need of biotechnology and pharmaceutical companies. As centrifuge equipment are very important and used on a large scale in various laboratories they are boosting the research and development activities.
The report provides an extensive competitive analysis and profiles of the key market players such as Becton, Dickinson and Company, Danaher Corporation, Thermo Fisher Scientific, Inc., QIAGEN, Bio-Rad Laboratories, Inc., Agilent Technologies, Inc., INC., Sigma Laborzentrifugen GmbH, Neuation, Hitachi Koki Co., Ltd., and Harvard Bioscience, Inc.
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- This study presents the analytical depiction of the centrifuge market along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the centrifuge market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the centrifuge market growth scenario.
- Porterโs five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed centrifuge market analysis based on competitive intensity and how the competition will take shape in coming years.
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