The global biological safety cabinet market insights is anticipated to grow at a favourable 7.6% CAGR between 2022-2030, according to the new report by Market Research Future (MRFR). Biological safety cabinets, simply put, are ventilated and enclosed laboratory equipment that offers safety at the time of working with biohazard or contaminated materials. It is generally categorized based on exhaust systems, velocities, airflow pattern, and construction. Biological safety cabinets are equipped with HEPA filters for maintaining the environment’s sterility against biohazard materials.
The growth of the global market for biological safety cabinets is being driven by a number of factors. The new MRFR report lists these factors as well as others, including rising investments in the life sciences and the medical industry, booming pharmaceutical and biotechnology sectors, adoption of novel research setup products, demand for laboratory modernization to reduce human effort, expanding research and development activities, and supportive regulations.
On the other hand, high prices and the availability of substitutes are factors that could restrain the growth of the global biological safety cabinet market over the anticipated period. Additionally, the COVID-19 outbreak's social isolation and lockdown caused a temporary stoppage of several industries, which negatively hindered the market's expansion.
Leading profiled global biological safety cabinet market players include
Azbil Telstar (Spain)
BIOBASE (China)
Berner International (U.S.)
Air Science (U.S.)
Cruma (Spain)
Germfree Laboratories (U.S.)
NuAire (U.K)
Kewaunee Scientific (U.S.)
The Baker Company (U.S.)
Esco Micro (Singapore)
Labconco (U.S.)
Thermo Fisher Scientific (U.S.).
Market Segmentation
The MRFR report gives an inclusive segmental analysis of the global biological safety cabinet market trends based on end user, application, and type.
By type, the global biological safety cabinet market is segmented into class I, II, and III. The class II segment is again segmented into class II type A type B. Of these, the class II segment will lead the market over the forecast period.
By application, the global biological safety cabinet market is segmented into academic, research and development, and industrial.
By end user, the global biological safety cabinet market is segmented into diagnostic testing laboratories, pharmaceutical biotechnology companies, and others. Of these, the pharmaceutical and biotechnology companies will dominate the market over the forecast period.
Regional Analysis
Based on the region, the global biological safety cabinet market report covers the growth opportunities and recent trends across the Americas, Europe, the Asia Pacific (APAC), the Middle East and Africa. Of these, the Americas will spearhead the market over the forecast period. The presence of eminent industry players in the region and well-established healthcare sector, expanding pharmaceutical sector, and the growing elderly population is adding to the region's biological safety cabinet market growth. Additional factors adding market growth include high economic development and surging need for advanced healthcare facilities.
The global biological safety cabinet market in Europe is predicted to hold the second-largest share over the forecast period. The presence of developed economies like Germany, Spain, Italy, and the UK is adding to the global biological safety cabinet market growth in the region.
Over the course of the forecast period, it is expected that the Asia Pacific region would witness rapid growth in the market for biological safety cabinets. The expansion of the worldwide biological safety cabinet market in the region is being fueled by rising government funding for biotechnology as well as booming demand from many emerging economies like Japan, India, and China in the pharmaceutical, life-science, and biotechnology industries.
Because of its low per capita income and the presence of underdeveloped economies in Africa, the MEA is expected to have the smallest proportion of the global market for biological safety cabinets throughout the forecast period. In the meantime, the Middle Eastern market will hold a sizable portion.
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