$318.8 Million Worldwide Biological Safety Cabinets Industry to 2030 - Emergence of Various Communicable Diseases to Bode Well for Market Demand


Dublin, Feb. 07, 2023 (GLOBE NEWSWIRE) -- The "Biological Safety Cabinets - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Biological Safety Cabinets estimated at US$199.8 Million in the year 2022, is projected to reach a revised size of US$318.8 Million by 2030, growing at a CAGR of 6% over the analysis period 2022-2030.

Class I, one of the segments analyzed in the report, is projected to record a 5.9% CAGR and reach US$111 Million by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Class II segment is readjusted to a revised 6.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $58.5 Million, While China is Forecast to Grow at 5.6% CAGR

The Biological Safety Cabinets market in the U.S. is estimated at US$58.5 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$55.8 Million by the year 2030 trailing a CAGR of 5.6% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.4% and 5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.

Select Competitors (Total 42 Featured) -

  • Air Science LLC
  • Berner International
  • BIOBASE
  • Cruma - Diantech Solutions S.L.
  • Esco Micro Pte. Ltd.
  • Euroclone S.p.A.
  • Germfree
  • Kewaunee Scientific Corporation
  • Labconco Corporaton
  • NuAire, Inc.
  • The Baker Company, Inc.
  • Thermo Fisher Scientific, Inc.

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Report Metrics:

Report AttributeDetails
No. of Pages194
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$199.8 Million
Forecasted Market Value (USD) by 2030$318.8 Million
Compound Annual Growth Rate6.0%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • Biological Safety Cabinet to Register Steady Growth
  • Class II Biological Safety Cabinets to Account for Highest Growth, Driven by Higher Level of Protection
  • A Brief Description of Class I, Class II, and Class III Biological Safety Cabinets
  • By End-User Segment, Pharmaceutical & Biopharmaceutical Companies to Register Largest Growth
  • Market Share of Biological Safety Cabinet by End-User Type
  • Biological Safety Cabinets - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
  • Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Emergence of Various Communicable Diseases to Bode Well for Market Demand
  • Breakdown of Total Number of Diseases Reported by Disease Variety: 1980 to 2010
  • Total Number of Disease Cases from Fleas, Ticks, and Mosquitoes in the US: 2004 to 2016
  • Innovations to Support Market Growth
  • Spur in R&D Activities to Bode Well for Market Growth
  • Total Worldwide Spending (in Billion USD) on Pharmaceutical R&D: 2010 to 2024
  • Availability of Alternatives to Biological Safety Cabinets to Deter Market Growth

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/7vzumm-safety?w=12

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Global Market for Biological Safety Cabinets

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