Biological Safety Cabinet Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Class I, Class II, Class III), By End-User (Pharmaceutical Companies, Diagnostic And Testing Laboratories, Academic & Research Institutions), And By Geography - Forecasts From 2019 To 2024

Published:  Apr 2021 Report Code: KSI061611765 Pages: 110

The biological safety cabinet market is projected to grow at a CAGR of 6.81% to reach US$177.822 million by 2024, from US$119.774 million in 2018. Growing pharmaceutical and biotechnology sectors and rising investment in the healthcare sector are the prime factors to drive the growth of the market. For instance, Innovate UK recently invest £12 million to SMEs working on projects that solve healthcare challenges under its first biomedical catalyst. Moreover, the increased risk of the influenza pandemic and communicable disease also works as the driving factor for the growth of the market. However high cost of biological safety cabinets is considered as the restraining factor for the growth of the market.

The Biological Safety Cabinet Market – Forecasts from 2019 to 2024 is an exhaustive study that aims to present the key market trends through various chapters focusing on different aspects of the market. The study provides a detailed market overview through the market dynamics sections which detail key markets, drivers, restraints, and opportunities in the current market. The report analyzes key opportunity regional markets, and the current technology penetration through lifecycle analysis. The report also analyzes the market through comprehensive market segmentation by type, end-user, and geography.

The biological safety cabinet market has been segmented based on type, end-user, and geography. Based on type, the market has been segmented into class I, class II, and class III. By end-user, the market has been segmented into pharmaceutical companies, diagnostics & testing laboratories, and academic & research institutions.

Regional analysis has been provided with detailed analysis and forecast for the period 2018 to 2024. The global market has been broken down into North America, South America, Europe, the Middle East and Africa (MEA), and the Asia Pacific regions. The report also analyzes 11 countries across these regions with thorough analysis and forecast along with prevailing market trends and opportunities which each of these countries presents for the manufacturers.

Major players in the biological safety cabinet market have been covered along with their relative competitive position and strategies. The report also mentions recent deals and investments of different market players over the last year. The company profiles section details the business overview, financial performance for the past three years, key products and services being offered along with the recent developments of these important players in the biological safety cabinet market.

Biological Safety Cabinet Market Scope:

Report Metric Details
 Market size value in 2018  US$119.774 million
 Market size value in 2024  US$177.822 million
 Growth Rate  CAGR of 6.81% from 2018 to 2024
 Base year  2018
 Forecast period  2019–2024
 Forecast Unit (Value)  USD Million
 Segments covered  Types, End-User, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  Esco Micro Pte. Ltd., Kewaunee Scientific Corporation, Thermo Fisher Scientific, The   Baker Company, Labconco, Germfree Laboratories, Diantech Solutions S.L., NuAire,   EUROCLONE S.p.A., Air Science
 Customization scope  Free report customization with purchase

 

Segmentation

The biological safety cabinet market has been analyzed through the following segments:

  • By Types
    • Class I
    • Class II
    • Class III
  • By End-User
    • Pharmaceutical Companies
    • Diagnostic and Testing Laboratories
    • Academic & Research Institutions
  • By Geography
    • North America
      • USA
      • Canada
      • Mexico
    • South America
      • Brazil
      • Argentina
      • Others
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Others
    • Middle East and Africa
      • Israel
      • Saudi Arabia
      • Others
    • Asia Pacific
      • China
      • Japan
      • South Korea
      • India
      • Others

Frequently Asked Questions (FAQs)

Q1. What will be the biological safety cabinet market size by 2024?
A1. The biological safety cabinet market is projected to reach a total market size of US$177.822 million by 2024.

Q2. What is the size of global biological safety cabinet market?
A2. Biological Safety Cabinet market was valued at US$119.774 million in 2018.

Q3. What are the growth prospects for biological safety cabinet market?
A3. The biological safety cabinet market is projected to grow at a CAGR of 6.81% over the forecast period.

Q4. How is the global biological safety cabinet market segmented?
A4. The biological safety cabinet market has been segmented based on type, end-user, and geography.

Q5. What factors are anticipated to drive the biological safety cabinet market growth?
A5. Growing pharmaceutical and biotechnology sectors and rising investment in the health care sector are the prime factors to drive the growth of the biological safety cabinet market.

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
 
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
 
3. EXECUTIVE SUMMARY
 
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6.  Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
 
5. BIOLOGICAL SAFETY CABINET MARKET BY TYPE
5.1. Class I
5.2. Class II
5.3. Class III
 
6. BIOLOGICAL SAFETY CABINET MARKET BY END-USER
6.1. Pharmaceutical Companies 
6.2. Diagnostic and Testing Laboratories 
6.3. Academic & Research Institutions
 
7. BIOLOGICAL SAFETY CABINET MARKET BY GEOGRAPHY
7.1. North America
7.1.1. USA
7.1.2. Canada
7.1.3. Mexico
7.2. South America
7.2.1. Brazil
7.2.2. Others
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. United Kingdom
7.3.4. Others
7.4. Middle East and Africa
7.5. Asia Pacific
7.5.1. China
7.5.2. Japan
7.5.3. South Korea
7.5.4. India
7.5.5. Others
 
8. COMPETITIVE INTELLIGENCE
8.1. Competitive Benchmarking and Analysis
8.2. Recent Investments and Deals
8.3. Strategies of Key Players
 
9. COMPANY PROFILES
9.1. Esco Micro Pte. Ltd.
9.2. Kewaunee Scientific Corporation
9.3. Thermo Fisher Scientific
9.4. The Baker Company
9.5. Labconco
9.6. Germfree Laboratories
9.7. Diantech Solutions S.L.
9.8. NuAire
9.9. EUROCLONE S.p.A.
9.10. Air Science
 

Esco Micro Pte. Ltd.

Kewaunee Scientific Corporation

Thermo Fisher Scientific

The Baker Company

Labconco

Germfree Laboratories

Diantech Solutions S.L.

NuAire

EUROCLONE S.p.A.

Air Science

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