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Biological Safety Cabinet Market Report: Trends, Forecast and Competitive Analysis

July 2022 | 150 pages | ID: BA2E5345A589EN
Lucintel

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Biological Safety Cabinet Market Trends and Forecast

The future of the biological safety cabinet market looks promising with opportunities in pharmaceutical & biopharmaceutical companies, diagnostic & testing laboratories, and academic & research organization markets. The global biological safety cabinet market is expected to grow with a CAGR of 7% to 9% from 2022 to 2027. The major drivers for this market are increased risk of pandemics and communicable diseases, rapid growth in the number of biologics, and increased incidence of chronic diseases.

Biological Safety Cabinet Market by Product Type, and End Use

Emerging Trends in the Biological Safety Cabinet Market

Emerging trends, which have a direct impact on the dynamics of the industry, include demand for wireless and portable systems, rising investment in the healthcare sector and increasing in the demand for biological safety cabinets.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global biological safety cabinet market report, please download the report brochure.

Biological Safety Cabinet Market by Segments

Biological Safety Cabinet Market by Segment

In this market, Class II is the largest market by product type, whereas pharmaceutical & biopharmaceutical companies are the largest segment by end-use. The study includes a forecast for the global biological safety cabinet market by product type, end-use, and region as follows:

Biological Safety Cabinet Market by Product Type [Value ($B) shipment analysis for 2016-2027]:

Class I

Class II

Class III

Biological Safety Cabinet Market by End-Use [Value ($B) shipment analysis for 2016-2027]:

Pharmaceutical & Biopharmaceutical Companies

Diagnostic & Testing Laboratories

Academic & Research Organizations

Biological Safety Cabinet Market by Region [Value ($B) shipment analysis for 2016-2027]:

North America

Europe

Asia Pacific

The Rest of the World

List of Biological Safety Cabinet Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies biological safety cabinet companies cater to increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the biological safety cabinet companies profiled in this report include.

Thermo Fisher Scientific Inc.

Germfree Laboratories

BIOBASE

NuAire

EUROCLONE

Cruma Air Science

Kewaunee Scientific

Esco Micro

Berner International

Labconco Corporation

Biological Safety Cabinet Market Insights

Lucintel forecasts that Class II will remain the largest segment over the forecast period due to the rising product usage for handling pathogenic biological samples as the cabinets are used for applications where a sterile work zone is mandatory, and provides complete protection and are widely used in basic research activities.

Pharmaceutical & biopharmaceutical companies are expected to remain the largest segment due to biopharma and pharma industries requiring a strong R&D facility because of which they need advanced facilities and equipment, and advanced technology-based products, increasing research and development activities, rising investments in the medical sector and life sciences.

APAC will remain the fastest growing region due to the rising expenditure by domestic and foreign firms, a great pool of skilled labour, governments shift towards promoting basic research, and entrepreneurship.

Features of the Biological Safety Cabinet Market

Market Size Estimates: Biological Safety Cabinet market size estimation in terms of value ($B)

Trend And Forecast Analysis: Market trends (2016-2021) and forecast (2022-2027) by various segments and regions.

Segmentation Analysis: Biological Safety Cabinet market size by various segments, such as by product type, end-use and region in terms of value ($B)

Regional Analysis: Biological Safety Cabinet market breakdown by North America, Europe, Asia Pacific, and the Rest of the World.

Growth Opportunities: Analysis on growth opportunities in different by product type, end-use and regions for the biological safety cabinet market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape for the Biological Safety Cabinet market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the biological safety cabinet market size?

Answer: The global Biological Safety Cabinet market is expected to reach an estimated $XX billion by 2027.

Q2. What is the growth forecast for biological safety cabinet market?

Answer: The global biological safety cabinet market is expected to grow with a CAGR of 7% to 9% from 2022 to 2027.

Q3. What are the major drivers influencing the growth of the Biological Safety Cabinet market?

Answer: The major drivers for this market are increased risk of pandemics and communicable diseases, rapid growth in the number of biologics, and increased incidence of chronic diseases.

Q4. What are the major segments for biological safety cabinet market?

Answer: The future of the biological safety cabinet market looks promising with opportunities in pharmaceuticals & biopharmaceutical companies, diagnostic & testing laboratories, and academic & research organizations market.

Q5. What are the emerging trends in biological safety cabinet market?

Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include demand for wireless and portable systems, rising investment in the healthcare sector and increasing the demand for biological safety cabinets.

Q6. Who are the key biological safety cabinet companies?

Answer: Some of the key Biological Safety Cabinet companies are as follows:

Thermo Fisher Scientific Inc.

Germfree Laboratories

BIOBASE

NuAire

EUROCLONE

Cruma Air Science

Kewaunee Scientific

Esco Micro

Berner International

Labconco Corporation

Q7. Which biological safety cabinet segment will be the largest in future?

Answer: Lucintel forecasts that Class II will remain the largest segment over the forecast period due to the rising product usage for handling pathogenic biological samples as the cabinets are used for applications where a sterile work zone is mandatory, and provides complete protection and are widely used in basic research activities.

Q8. In biological safety cabinet market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the fastest growing region due to the rising expenditure by domestic and foreign firms, a great pool of skilled labour, governments shift towards promoting basic research, and entrepreneurship.

Q9. Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.

This report answers following 11 key questions

Q.1. What are some of the most promising, high-growth opportunities for the biological safety cabinet market by product type (Class I, Class II, Class III), end-use (pharmaceuticals & biopharmaceutical companies, diagnostic & testing laboratories, and academic & research organizations) and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

For any questions related to biological safety cabinet market or related to biological safety cabinets market, portable biosafety cabinet, biological cabinets, biological safety cabinet market share, biological safety cabinet analysis, biological safety cabinet market size, write Lucintel analyst at email: [email protected]. We will be glad to get back to you soon.
1. EXECUTIVE SUMMARY

2. GLOBAL BIOLOGICAL SAFETY CABINET MARKET: MARKET DYNAMICS

2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges

3. MARKET TRENDS AND FORECAST ANALYSIS FROM 2016 TO 2027

3.1: Macroeconomic Trends (2016-2021) and Forecast (2022-2027)
3.2: Global Biological Safety Cabinet Market Trends (2016-2021) and Forecast (2022-2027)
3.3: Global Biological Safety Cabinet Market by Product Type
  3.3.1: Class I
  3.3.2: Class II
  3.3.3: Class III
3.4: Global Biological Safety Cabinet Market by End-Use
  3.4.1: Pharmaceuticals & Biopharmaceutical Companies
  3.4.2: Diagnostic & Testing Laboratories
  3.4.3: Academic & Research Organizations

4. MARKET TRENDS AND FORECAST ANALYSIS BY REGION FROM 2016-2027

4.1: Global Biological Safety Cabinet Market by Region
4.2: North American Biological Safety Cabinet Market
  4.2.1: North American Biological Safety Cabinet Market by Product Type
  4.2.2: North American Biological Safety Cabinet Market by End-Use
4.3: European Biological Safety Cabinet Market
  4.3.1: European Biological Safety Cabinet Market by Product Type
  4.3.2: European Biological Safety Cabinet Market by End-Use
4.4: APAC Biological Safety Cabinet Market
  4.4.1: APAC Biological Safety Cabinet Market by Product Type
  4.4.2: APAC Biological Safety Cabinet Market by End-Use
4.5: ROW Biological Safety Cabinet Market
  4.5.1: ROW Biological Safety Cabinet Market by Product Type
  4.5.2: ROW Biological Safety Cabinet Market by End-Use

5. COMPETITOR ANALYSIS

5.1: Product Portfolio Analysis
5.3: Operational Integration
5.4: Porter’s Five Forces Analysis

6. GROWTH OPPORTUNITIES AND STRATEGIC ANALYSIS

6.1: Growth Opportunity Analysis
  6.1.1: Growth Opportunities for the Global Biological Safety Cabinet Market by Product Type
  6.1.2: Growth Opportunities for the Global Biological Safety Cabinet Market by End-Use
  6.1.3: Growth Opportunities for the Global Biological Safety Cabinet Market by Region
6.2: Emerging Trends in the Global Biological Safety Cabinet Market
6.3: Strategic Analysis
  6.3.1: New Product Development
  6.3.2: Capacity Expansion of the Global Biological Safety Cabinet Market
  6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Biological Safety Cabinet Market
  6.3.4: Certification and Licensing

7. COMPANY PROFILES OF LEADING PLAYERS

7.1: Thermo Fisher Scientific Inc.
7.2: Germfree Laboratories
7.3: BIOBASE
7.4: NuAire
7.5: EUROCLONE
7.6: Cruma Air Science
7.7: Kewaunee Scientific
7.8: Esco Micro
7.9: Berner International
7.10: Labconco Corporation


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