Number of pages: 100 | Report Format: PDF | Published date: April 27, 2023
Historical Years – 2021 | Base Year – 2022 | Forecasted Years – 2023-2031
Report Attribute |
Details |
Market Size Value in 2022 |
US$ 93.82 million |
Revenue Forecast in 2031 |
US$ 157.17 million |
CAGR |
5.9% |
Base Year for Estimation |
2022 |
Forecast Period |
2023 to 2031 |
Historical Year |
2021 |
Segments Covered |
Product Type, Application, End User, and Region. |
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa |
According to the deep-dive market assessment study by Growth Plus Reports, the global single-use floor standing centrifuge systems market was valued at US$ 93.82 million and is expected to register a revenue CAGR of 5.9% to reach US$ 157.17 million in 2031.
Single-use Floor Standing Centrifuge Systems Market Fundamentals
A single-use floor standing centrifuge system is a type of centrifuge that is designed for single-use applications and is mounted on the floor. The centrifuge bowl used in this type of centrifuge system is made of disposable material for which it is intended for single use. This eliminates the need for cleaning and sterilization between uses, reducing the risk of cross-contamination and saving time and resources. Biopharmaceutical industries and research centers commonly use single-use centrifuge systems to produce vaccines, monoclonal antibodies, and other biological products. Single-use floor-standing centrifuge systems can handle larger volumes of liquid than benchtop centrifuges, which typically have smaller capacities. They are also designed to accommodate different types of containers, such as bags or bottles. The market trends of single-use floor standing centrifuge systems include increased advanced research and development to improve the healthcare industry. Researchers aim to improve single-use centrifuge systems' design and functionality to increase productivity, shorten processing times, and minimize costs. One strategy investigated is using microfluidic technology to combine and miniaturize centrifugation processes. This could result in more adaptable and economical devices for point-of-care diagnostics and additional applications. Single-use floor standing centrifuge systems are being explored as a solution for the separation and purification of viral vectors in viral vector manufacturing. However, further research is needed to optimize their performance and ensure consistent product quality.
[867876]
Single-use Floor Standing Centrifuge Systems Market Dynamics
Due to its capacity to improve sample purity and safety, single-use floor standing centrifuges are becoming more popular in clinical studies. Traditional centrifuges are often built of metal or plastic, cleaned, and reused several times, which raises the possibility of sample contamination. Since they are made to be used once, single-use floor standing centrifuges reduce the possibility of cross-contamination between samples and increase the product yield. The requirement for biopharmaceuticals has increased due to the rising incidence of chronic diseases and the growing demand for personalized medicine, both of which necessitate effective and scalable manufacturing techniques. Biopharmaceutical production requires single-use floor standing centrifuge systems because they offer a scalable, affordable, and closed-system method for cell separation, clarity, and concentration. Additionally, patient safety is a top priority in the biopharmaceutical industry. Single-use floor standing centrifuge systems are a critical tool for ensuring patient safety. They provide a closed-system solution for cell processing, reducing the risk of contamination and cross-contamination.
Technological advances, such as genetic engineering, gene editing, and stem cell research, have led to the development of new and innovative therapies that require efficient and scalable manufacturing processes. These therapies can potentially revolutionize the treatment of various diseases, including cancer, genetic disorders, and autoimmune diseases. However, their widespread adoption is hindered by the challenges associated with manufacturing them at a large scale while maintaining quality and consistency. Single-use floor standing centrifuge systems are crucial in these processes, enabling faster and more efficient production of these new therapies at a large scale. This is a major advantage in influencing the single-use floor standing centrifuge system market outlook.
However, the single-use floor standing centrifuge system market faces several challenges, including limited capacity, material limitations, lack of standardization, environmental concerns, and cost. Addressing these challenges will require continued innovation and collaboration between manufacturers, end-users, and regulatory authorities to ensure the safe and effective use of single-use systems in biopharmaceutical manufacturing.
Single-use Floor Standing Centrifuge Systems Market Ecosystem
This report provides the global single-use floor standing centrifuge systems market analysis in terms of revenue, market growth, market dynamics, regional landscape, and overall competitive positioning of the major market players. The global single-use floor standing centrifuge systems market overview is analyzed from the following perspectives: product type, application, end user, and region.
Single-use Floor Standing Centrifuge Systems Market by Product Type
[86786]
Based on the product type, the global single-use floor standing centrifuge systems market is segmented into equipment and accessories & consumables.
Accessories and consumables accounted for the largest revenue share of the global single-use floor standing centrifuge systems market in 2022. Accessories and consumables contain parts required for the separation process, such as tubes, rotors, and other elements crucial for sample preparation, purification, and separation, and are required for each run. As a result, the demand for these accessories and consumables remains high, resulting in significant growth in single-use floor standing centrifuge system market share. To prevent any disturbance in their laboratory activities, manufacturers must ensure that consumers can easily obtain these accessories and consumables. Additionally, users may accommodate various laboratories' requirements by providing a range of choices and sizes.
Furthermore, demand for accessories and consumables is anticipated to increase as several research organizations employ single-use floor standing centrifuges. Consumables and accessories should normally be replaced after each usage as they are disposable. Customers would have to make additional purchases, which helps the segment grow. Clients frequently view accessories and consumables as a more affordable alternative to equipment, which requires a significant investment. This is so that customers can buy and utilize them more easily since they are far less expensive than the actual centrifuge equipment.
In terms of revenue generation, the equipment segment is also an important part of the single-use floor standing centrifuge system market share as it includes the actual centrifuge machines that are used for sample preparation, purification, and separation. The equipment segment comprises various types of single-use floor standing centrifuge systems with different specifications, such as size, capacity, speed, and temperature range. In addition, the equipment drives innovation and new product development, supporting the single-use floor standing centrifuge system industry trends. Manufacturers are constantly developing new centrifuge systems with improved performance, increased capacity, and enhanced features to meet the changing needs of end users.
Single-use Floor Standing Centrifuge Systems Market by Application
Based on the application, the global single-use floor standing centrifuge systems market is segmented into cell therapies, gene therapies, vaccines, large molecules, cellular agriculture, and others.
Cell therapies accounted for the largest revenue share of the global single-use floor standing centrifuge systems market in 2022. The rising incidence of chronic illnesses like cancer, diabetes, and cardiovascular disorders, which are frequently challenging to treat with traditional medications or surgical treatments, is one of the primary causes of the increased interest in cell therapy. Focusing on the underlying cause of diseases and offering long-lasting cell therapy represents a promising alternative. In the quickly expanding field of cell therapy, live cells are used to treat various illnesses and disorders, which necessitates isolating various cell types from their surroundings. Cell separation, clarity, and concentration are carried out using single-use floor-standing centrifuge systems during the production of cell therapies. They offer a quick, scalable, and affordable method for handling large numbers of cells in a closed system, lowering the danger of contamination and enhancing process reproducibility.
On the other hand, according to the single-use floor standing centrifuge system industry analysis, the vaccination segment is anticipated to grow with the fastest revenue CAGR during the forecast period. Single-use floor-standing centrifuge systems are widely used to manufacture and purify vaccines from cell cultures. The separation of the crucial virus or viral particles from other undesired elements is made possible by the centrifugation process, which is essential for developing vaccines. This technology has substantially contributed to developing reliable and efficient vaccinations for several diseases. Single-use systems do not require cleaning or sterilizing in between uses to lower the danger of contamination and cross-contamination. This facilitates quicker response times and saves time and effort. They also provide more flexibility in manufacturing procedures and are simple to scale up or down based on production demands. The most significant factor driving the segment's growth is the increased demand for vaccines due to the rising prevalence of infectious diseases.
Single-use Floor Standing Centrifuge Systems Market by End User
Based on the end user, the global single-use floor standing centrifuge systems market is segmented into hospitals and diagnostic centers, CROs/CDMOs, pharmaceutical & biotechnology companies, and others.
The hospitals and diagnostic centers accounted for a significant revenue share of the global Single-use Floor Standing Centrifuge Systems market in 2022. Modern technology and equipment are needed at hospitals and diagnostic facilities, as they are at the forefront of healthcare delivery. Hospitals and diagnostic facilities frequently employ single-use floor-standing centrifuges as vital tools for diagnostic procedures. The need for single-use floor standing centrifuge systems in hospitals and diagnostic facilities is being driven by the expansion of the in-vitro diagnostic industry. Due to the rising frequency of chronic diseases like diabetes and cancer and the demand for accurate and dependable diagnostic tests, the segment is growing quickly.
Single-use Floor Standing Centrifuge Systems Market by Region
Based on the region, the global single-use floor standing centrifuge systems market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
North America accounted for the largest revenue share of the global single-use floor standing centrifuge systems market in 2022. Numerous pharmaceutical and biotechnology businesses, research facilities, and hospitals in this area are causing the growth. Numerous businesses that produce and distribute single-use floor standing centrifuges are located throughout North America. A highly developed healthcare infrastructure and a consistent regulatory framework further improve North America's single-use floor standing centrifuge system market overview.
Single-use Floor Standing Centrifuge Systems Market Competitive Landscape
Multiple companies across the globe are investing in raising awareness and reimbursement, which is expected to improve the single-use floor standing centrifuge systems market outlook. Notable market participants account for the largest revenue share of the global single-use floor standing centrifuge systems market include,
Single-use Floor Standing Centrifuge Systems Market Strategic Developments
Single-use floor standing centrifuge systems are a type of centrifuge that is designed for single-use applications and is mounted on the floor.
Accessories and consumables accounted for the largest revenue share of the global single-use floor standing centrifuge systems market.
Increased research and development in the biopharmaceutical sector and the adoption of advanced therapies are the major driving factors for the growth of the global single-use floor standing centrifuge systems market.
Key companies operating the global single-use floor standing centrifuge systems market are Barry-Wehmiller Companies (Carr Biosynthesis), Alfa Laval, Thermo Fisher Scientific, GEA, Sartorius AG, Aesthetic Group, SCILOGEX, LLC, Drucker Diagnostics, Sartorius AG, QIAGEN, and Merck KGaA.
The global single-use floor standing centrifuge systems market is expected to grow at a revenue CAGR of 5.9% during the forecast period from 2023 to 2031.
*Insights on financial performance are subject to the availability of information in the public domain