Category

Biological Safety Cabinet Market - Forecasts From 2018 To 2023

114 pages
Published on : May 2019
Report Code : KSI061611765

Description

The Biological safety cabinet market is projected to grow at a CAGR of XX.XX% to reach US$XX.XXX billion by 2023, from US$XX.XXX billion in 2017. Growing pharmaceutical and biotechnology sector and rising investment in health care 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 increased risk of influenza pandemic and communicable disease also works as the driving factor for the growth of the market. However high cost of biological safety cabinets are considered as the restraining factor for the growth of the market. 

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the Biological safety cabinet value chain. The last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the Biological safety cabinet market.

Major industry players profiled as part of the report are Esco Micro, Kewaunee Scientific, Thermo Fisher Scientific, The Baker Company, Labconco and Air Science Richard Wolf GmbH among others.

Segmentation

The Biological safety cabinet market has been analyzed through following segments:

By Type

Class I

Class II

Class III


By End User

Pharmaceutical Companies 

Diagnostic and Testing Laboratories 

Academic & Research Institutions


By Geography

North America

USA

Canada

Others


South America

Brazil

Argentina

Others


Europe

Germany

France

United Kingdom

Others


Middle East and Africa


Asia Pacific

China

Japan

India

Others


Target audience

Manufacturers

Suppliers

Distributors

Service Providers

Government Agencies

Research Organizations

Consultants

 

Key insights offered

What will be the Biological safety cabinet market size from 2017 to 2023?

How are the major drivers and restraints affecting the Biological safety cabinet market growth and the opportunities which exist for key vendors?

Which segment and region will drive or lead the market growth and why?

A comprehensive analysis of competitive landscape and key market participants’ behaviour

Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth.

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