Biosafety Cabinet Market Size, Share, and Analysis, By Type (Class I, Class II (Type A1, Type A2, Type B1, Type B2), Class III), By End-Use (Pharmaceutical & Biopharmaceutical Companies, Diagnostics & Testing Laboratories, and Academic & Research Organizations) and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
Biosafety Cabinet Market Size, Share, and Analysis, By Type (Class I, Class II (Type A1, Type A2, Type B1, Type B2), Class III), By End-Use (Pharmaceutical & Biopharmaceutical Companies, Diagnostics & Testing Laboratories, and Academic & Research Organizations) and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
PRODUCT OVERVIEW
Biosafety Cabinet Market, valued at USD 230.7 million in 2023, is expected to experience robust growth over the next decade. With a projected Compound Annual Growth Rate (CAGR) of 7.8% from 2024 to 2034, the market is forecasted to reach a substantial USD 530.2 million by the end of 2034.
Biosafety cabinet (BSC) is a specialized laboratory workspace designed to protect the user, product, and environment from biological hazards and contaminants. BSCs use high-efficiency particulate air (HEPA) filters to ensure the air is free of particles, providing various levels of protection based on their classification (Class I, II, or III). Class I cabinets offer basic protection for the user and environment, primarily used for low- to moderate-risk biological agents. Class II cabinets provide protection for the user, environment, and the product, making them suitable for handling pathogens and other hazardous biological materials. They are further categorized into Types A1, A2, B1, and B2, depending on the level of air recirculation and exhaust systems. Class III cabinets are entirely sealed and provide the highest level of protection, often used in handling the most hazardous pathogens. Biosafety cabinets are essential in laboratories dealing with infectious agents, pathogens, and hazardous biological substances. They are widely used in the pharmaceutical and biotechnology industries, academic and research institutions, and healthcare facilities for safety and contamination control.
MARKET HIGHLIGHTS
Biosafety Cabinet Market is expected to achieve a value of USD 530.2 million, with a 7.8% growth rate projected in the forecast period. This growth is driven by the increasing demand for enhanced safety measures in biotechnology and pharmaceutical research and development. The rise in the prevalence of infectious diseases and the impact of the COVID-19 pandemic have heightened the need for safe laboratory environments. Additionally, stringent regulations regarding laboratory safety and contamination prevention are boosting the adoption of BSCs. The continuous advancement in life sciences, increased investments in healthcare infrastructure, and growing concerns for laboratory safety in emerging regions are anticipated to further drive market growth. The expansion of diagnostic and testing laboratories worldwide is also contributing to the sustained demand for biosafety cabinets.
Biosafety Cabinet Market Segments:
Growth Drivers
Rising Prevalence of Infectious Diseases and the Need for Advanced Healthcare to Provide Significant Growth Opportunities
Strict Regulations and Guidelines for Lab Safety to Boost Demand for Biosafety Cabinets
Restraint
Competition from Low-Cost Manufacturers Can Restrict Expansive Growth
Key Players
PRODUCT OVERVIEW
Biosafety Cabinet Market, valued at USD 230.7 million in 2023, is expected to experience robust growth over the next decade. With a projected Compound Annual Growth Rate (CAGR) of 7.8% from 2024 to 2034, the market is forecasted to reach a substantial USD 530.2 million by the end of 2034.
Biosafety cabinet (BSC) is a specialized laboratory workspace designed to protect the user, product, and environment from biological hazards and contaminants. BSCs use high-efficiency particulate air (HEPA) filters to ensure the air is free of particles, providing various levels of protection based on their classification (Class I, II, or III). Class I cabinets offer basic protection for the user and environment, primarily used for low- to moderate-risk biological agents. Class II cabinets provide protection for the user, environment, and the product, making them suitable for handling pathogens and other hazardous biological materials. They are further categorized into Types A1, A2, B1, and B2, depending on the level of air recirculation and exhaust systems. Class III cabinets are entirely sealed and provide the highest level of protection, often used in handling the most hazardous pathogens. Biosafety cabinets are essential in laboratories dealing with infectious agents, pathogens, and hazardous biological substances. They are widely used in the pharmaceutical and biotechnology industries, academic and research institutions, and healthcare facilities for safety and contamination control.
MARKET HIGHLIGHTS
Biosafety Cabinet Market is expected to achieve a value of USD 530.2 million, with a 7.8% growth rate projected in the forecast period. This growth is driven by the increasing demand for enhanced safety measures in biotechnology and pharmaceutical research and development. The rise in the prevalence of infectious diseases and the impact of the COVID-19 pandemic have heightened the need for safe laboratory environments. Additionally, stringent regulations regarding laboratory safety and contamination prevention are boosting the adoption of BSCs. The continuous advancement in life sciences, increased investments in healthcare infrastructure, and growing concerns for laboratory safety in emerging regions are anticipated to further drive market growth. The expansion of diagnostic and testing laboratories worldwide is also contributing to the sustained demand for biosafety cabinets.
Biosafety Cabinet Market Segments:
- By Type
- Class I
- Class II
- Type A1
- Type A2
- Type B1
- Type B2
- Class III
- By End-Use
- Pharmaceutical & Biopharmaceutical Companies
- Diagnostics & Testing Laboratories
- Academic & Research Organizations
Growth Drivers
Rising Prevalence of Infectious Diseases and the Need for Advanced Healthcare to Provide Significant Growth Opportunities
Strict Regulations and Guidelines for Lab Safety to Boost Demand for Biosafety Cabinets
Restraint
Competition from Low-Cost Manufacturers Can Restrict Expansive Growth
Key Players
- Thermo Fisher Scientific Inc.
- Labconco Corporation
- Esco Micro Pte Ltd.
- The Baker Company, Inc.
- NuAire, Inc.
- Germfree Laboratories, Inc.
- Kewaunee Scientific Corporation
- Cruma S.A.
- Haier Biomedical
- BIOBASE Group
- Azbil Telstar
- Air Science, LLC
- Erlab Group
- Panasonic Healthcare Co., Ltd.
- Berner International GmbH
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY
1.1.Regional Market Share
1.2. Business Trends
1.3.Biosafety Cabinet Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2.Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Biosafety Cabinet Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. BIOSAFETY CABINET MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. RISK ANALYSIS
9. MARKET ANALYSIS
9.1. Porters Five Forces
9.2.PEST Analysis
9.2.1. Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. BIOSAFETY CABINET MARKET
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11.BIOSAFETY CABINET MARKET SIZE & FORECAST 2024A-2034F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Type
11.3.1.1. Class I
11.3.1.1.1. By Value (USD Million) 2024-2034F
11.3.1.1.2.Market Share (%) 2024-2034F
11.3.1.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Class II
11.3.1.2.1.Type A1
11.3.1.2.1.1. By Value (USD Million) 2024-2034F
11.3.1.2.1.2.Market Share (%) 2024-2034F
11.3.1.2.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.2.2. Type A2
11.3.1.2.2.1.By Value (USD Million) 2024-2034F
11.3.1.2.2.2. Market Share (%) 2024-2034F
11.3.1.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2.3. Type B1
11.3.1.2.3.1.By Value (USD Million) 2024-2034F
11.3.1.2.3.2. Market Share (%) 2024-2034F
11.3.1.2.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2.4. Type B2
11.3.1.2.4.1.By Value (USD Million) 2024-2034F
11.3.1.2.4.2. Market Share (%) 2024-2034F
11.3.1.2.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.3.Class III
11.3.1.3.1.By Value (USD Million) 2024-2034F
11.3.1.3.2. Market Share (%) 2024-2034F
11.3.1.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.2. By End User
11.3.2.1.Pharmaceutical & Biopharmaceutical Companies
11.3.2.1.1.By Value (USD Million) 2024-2034F
11.3.2.1.2. Market Share (%) 2024-2034F
11.3.2.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.2. Diagnostics & Testing Laboratories
11.3.2.2.1. By Value (USD Million) 2024-2034F
11.3.2.2.2.Market Share (%) 2024-2034F
11.3.2.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.3. Academic & Research Organizations
11.3.2.3.1. By Value (USD Million) 2024-2034F
11.3.2.3.2.Market Share (%) 2024-2034F
11.3.2.3.3.Y-o-Y Growth (%) 2024-2034F
12. NORTH AMERICA BIOSAFETY CABINET MARKET SIZE & FORECAST 2024A-2034F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Type
12.3.2.By End-Use
12.4. Country
12.4.1.United States
12.4.2.Canada
13. EUROPE BIOSAFETY CABINET MARKET SIZE & FORECAST 2024A-2034F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Type
13.3.2.By End-Use
13.4. Country
13.4.1.Germany
13.4.2.United Kingdom
13.4.3.France
13.4.4. Italy
13.4.5.Spain
13.4.6.Russia
13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. ASIA-PACIFIC BIOSAFETY CABINET MARKET SIZE & FORECAST 2024A-2034F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Type
14.3.2.By End-Use
14.4. Country
14.4.1. India
14.4.2.China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. MIDDLE EAST AND AFRICA BIOSAFETY CABINET MARKET SIZE & FORECAST 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Type
15.3.2.By End-Use
15.4. Country
15.4.1. Israel
15.4.2.GCC
15.4.3.North Africa
15.4.4. South Africa
15.4.5.Rest of Middle East and Africa
16. LATIN AMERICA BIOSAFETY CABINET MARKET SIZE & FORECAST 2024A-2034F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Type
16.3.2.By End-Use
16.4. Country
16.4.1. Mexico
16.4.2.Brazil
16.4.3.Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1. Company market share, 2023
17.2.Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1.Thermo Fisher Scientific Inc.
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Labconco Corporation
18.3.Esco Micro Pte Ltd.
18.4.The Baker Company, Inc.
18.5.NuAire, Inc.
18.6.Germfree Laboratories, Inc.
18.7.Kewaunee Scientific Corporation
18.8.Cruma S.A.
18.9.Haier Biomedical
18.10.BIOBASE Group
18.11. Azbil Telstar
18.12.Air Science, LLC
18.13.Erlab Group
18.14.Panasonic Healthcare Co., Ltd.
18.15.Berner International GmbH
18.16.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
1.1.Regional Market Share
1.2. Business Trends
1.3.Biosafety Cabinet Market: COVID-19 Outbreak
1.4.Regional Trends
1.5. Segmentation Snapshot
2. RESEARCH METHODOLOGY
2.1. Research Objective
2.2.Research Approach
2.3.Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2.Public Sources
2.6.Market Size Estimation and Data Triangulation
3. MARKET CHARACTERISTICS
3.1. Market Definition
3.2.Biosafety Cabinet Market: COVID-19 Impact
3.3.Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4. BIOSAFETY CABINET MARKET – INDUSTRY INSIGHTS
4.1.Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5. MACROECONOMIC INDICATORS
6. RECENT DEVELOPMENTS
7.MARKET DYNAMICS
7.1. Introduction
7.2.Growth Drivers
7.3.Market Opportunities
7.4. Market Restraints
7.5.Market Trends
8. RISK ANALYSIS
9. MARKET ANALYSIS
9.1. Porters Five Forces
9.2.PEST Analysis
9.2.1. Political
9.2.2.Economic
9.2.3.Social
9.2.4.Technological
10. BIOSAFETY CABINET MARKET
10.1.Overview
10.2. Historical Analysis (2019-2022)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11.BIOSAFETY CABINET MARKET SIZE & FORECAST 2024A-2034F
11.1.Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1.By Type
11.3.1.1. Class I
11.3.1.1.1. By Value (USD Million) 2024-2034F
11.3.1.1.2.Market Share (%) 2024-2034F
11.3.1.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.2.Class II
11.3.1.2.1.Type A1
11.3.1.2.1.1. By Value (USD Million) 2024-2034F
11.3.1.2.1.2.Market Share (%) 2024-2034F
11.3.1.2.1.3.Y-o-Y Growth (%) 2024-2034F
11.3.1.2.2. Type A2
11.3.1.2.2.1.By Value (USD Million) 2024-2034F
11.3.1.2.2.2. Market Share (%) 2024-2034F
11.3.1.2.2.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2.3. Type B1
11.3.1.2.3.1.By Value (USD Million) 2024-2034F
11.3.1.2.3.2. Market Share (%) 2024-2034F
11.3.1.2.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.2.4. Type B2
11.3.1.2.4.1.By Value (USD Million) 2024-2034F
11.3.1.2.4.2. Market Share (%) 2024-2034F
11.3.1.2.4.3. Y-o-Y Growth (%) 2024-2034F
11.3.1.3.Class III
11.3.1.3.1.By Value (USD Million) 2024-2034F
11.3.1.3.2. Market Share (%) 2024-2034F
11.3.1.3.3. Y-o-Y Growth (%) 2024-2034F
11.3.2. By End User
11.3.2.1.Pharmaceutical & Biopharmaceutical Companies
11.3.2.1.1.By Value (USD Million) 2024-2034F
11.3.2.1.2. Market Share (%) 2024-2034F
11.3.2.1.3. Y-o-Y Growth (%) 2024-2034F
11.3.2.2. Diagnostics & Testing Laboratories
11.3.2.2.1. By Value (USD Million) 2024-2034F
11.3.2.2.2.Market Share (%) 2024-2034F
11.3.2.2.3.Y-o-Y Growth (%) 2024-2034F
11.3.2.3. Academic & Research Organizations
11.3.2.3.1. By Value (USD Million) 2024-2034F
11.3.2.3.2.Market Share (%) 2024-2034F
11.3.2.3.3.Y-o-Y Growth (%) 2024-2034F
12. NORTH AMERICA BIOSAFETY CABINET MARKET SIZE & FORECAST 2024A-2034F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Type
12.3.2.By End-Use
12.4. Country
12.4.1.United States
12.4.2.Canada
13. EUROPE BIOSAFETY CABINET MARKET SIZE & FORECAST 2024A-2034F
13.1. Overview
13.2. Key Findings
13.3. Market Segmentation
13.3.1. By Type
13.3.2.By End-Use
13.4. Country
13.4.1.Germany
13.4.2.United Kingdom
13.4.3.France
13.4.4. Italy
13.4.5.Spain
13.4.6.Russia
13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14. ASIA-PACIFIC BIOSAFETY CABINET MARKET SIZE & FORECAST 2024A-2034F
14.1.Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Type
14.3.2.By End-Use
14.4. Country
14.4.1. India
14.4.2.China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15. MIDDLE EAST AND AFRICA BIOSAFETY CABINET MARKET SIZE & FORECAST 2024A-2034F
15.1.Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Type
15.3.2.By End-Use
15.4. Country
15.4.1. Israel
15.4.2.GCC
15.4.3.North Africa
15.4.4. South Africa
15.4.5.Rest of Middle East and Africa
16. LATIN AMERICA BIOSAFETY CABINET MARKET SIZE & FORECAST 2024A-2034F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Type
16.3.2.By End-Use
16.4. Country
16.4.1. Mexico
16.4.2.Brazil
16.4.3.Rest of Latin America
17. COMPETITIVE LANDSCAPE
17.1. Company market share, 2023
17.2.Key player overview
17.3. Key stakeholders
18. COMPANY PROFILES
18.1.Thermo Fisher Scientific Inc.
18.1.1.Company Overview
18.1.2.Financial Overview
18.1.3.Key Product; Analysis
18.1.4.Company Assessment
18.1.4.1.Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2.Labconco Corporation
18.3.Esco Micro Pte Ltd.
18.4.The Baker Company, Inc.
18.5.NuAire, Inc.
18.6.Germfree Laboratories, Inc.
18.7.Kewaunee Scientific Corporation
18.8.Cruma S.A.
18.9.Haier Biomedical
18.10.BIOBASE Group
18.11. Azbil Telstar
18.12.Air Science, LLC
18.13.Erlab Group
18.14.Panasonic Healthcare Co., Ltd.
18.15.Berner International GmbH
18.16.Other Prominent Players
19. APPENDIX
20.CONSULTANT RECOMMENDATION
