Thermo Fisher Scientific, Inc. (US) was the leading player in the global laboratory centrifuges market, in 2020. The company’s 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 R&D activities to develop and introduce new products in the market.
The company increased its R&D 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.
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).
AG (Germany)