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 Attribute | Details |
| No. of Pages | 194 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $199.8 Million |
| Forecasted Market Value (USD) by 2030 | $318.8 Million |
| Compound Annual Growth Rate | 6.0% |
| Regions Covered | Global |
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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