Biological Safety Cabinet Market - Forecast(2024 - 2030)

Report Code: HCR 20422 Report Format: PDF + Excel
Biological Safety Cabinet Market size in 2019 is estimated to be $168.3 million, growing at a CAGR of 7% during the forecast period 2020-2025.Biological safety cabinet are also known as microbiological cabinet which are enclosed ventilated workstations that facilitate safe handling of biological samples, contaminants and others. These cabinets are equipped with HEPA filters (High-efficiency particulate arresting) to maintain the sterility of environment. Adoption of automation in laboratories and growing R&D activities in pharmaceutical industry are the major factors driving the growth of the market. Moreover, favourable regulation and increasing need to safeguard product, agent from biohazard exposure further enhance the overall market demand for biological safety during the forecast period 2020-2025.

Report Coverage
The report: “Biological Safety Market – Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Biological Safety Market:

By Type: Class I, Class II, and Class III
By End-Use Industries: Pharmaceutical & Biopharmaceutical Companies, Diagnostic & Testing Laboratories, Academic & Research Institutions, and Others
By Geography: North America, Europe, Asia-Pacific and Rest of World

Key Takeaways
  • In 2019, North America dominates the biological safety cabinet market owing to increasing research and development facilities, increase in demand for advanced healthcare facilities and high economic development.
  • Adoption of automation in laboratories and growing R&D activities in pharmaceutical industry is driving the market growth of biological safety cabinet. 
  • Detailed analysis of the Strength, Weakness, and opportunities of the prominent players operating in the market will be provided in the biological safety cabinet market report.
  • The high cost of biological safety and availability of alternative cabinets are challenging the growth of the market. 

Type - Segment Analysis
Based on the Type, biological safety cabinet market is segmented into class I, class II, class III. The class I segment is forecast to be the fastest-growing segment and is estimated to grow at a CAGR of 6.3% during the forecast period 2020-2025. This is mainly owing to increasing usage of class I in general microbial research with low and moderate risk agents. Class I biological safety cabinet provides environmental protection and the exhaust air must be HEPA filtered to protect the environment that are contributing to the growth of this segment.

End-Use Industries - Segment Analysis
Based on the end-use Industries, biological safety cabinet market is segmented into Pharmaceutical & Biopharmaceutical Companies, Diagnostic & Testing Laboratories, Academic & Research Institution and others. In 2019, Pharmaceutical & Biopharmaceutical Companies held the largest share in the biological safety cabinet market. Increasing demand for safety cabinets during drug development and the need to ensure the safety of laboratory personnel are the key factors driving the growth of the segment. Increasing usage in the pharmaceutical companies for the process of manufacturing new drugs that include harmful components is also contributing to the growth of this segment.

Geography - Segment Analysis
North America dominated the biological safety cabinet market share accounting for 35% of the market in 2019. This is mainly owing to the increasing research and development facilities, increase in demand for advanced healthcare facilities and high economic development. According to Public Health and Safety Organization, North america operates two accreditation programs that evaluate the proficiency of individuals and enhanced accreditation program for biosafety cabinet field certifiers.

However, the Asia-Pacific region is forecast to be the fastest-growing during the forecast period 2020-2025. This is owing to the increasing development in the healthcare sector and increasing investment in R&D.

Drivers –Biological Safety Cabinet Market 

  • Adoption of automation in laboratories
Increasing adoption of automation in laboratories are some factors driving the growth of biological safety cabinet market. Automation in labs allow for efficient workflow with less need for human that minimizing errors and levels of contamination. Moreover, several biological safety cabinets allow the integration of automated accessories and other instruments to improve safety are also set to increase the market growth. 

  • Increasing Risk of Pandemics and Communicable Diseases
Increasing risk of pandemics and communicable diseases and rising R&D activities in biopharmaceuticals and pharmaceutical industries are some factors driving the growth of the market. Moreover, favourable regulation are promoting the use of biological safety cabinets in the healthcare industries further contributing to the growth of biological safety cabinet market.

Challenges –Biological Safety Cabinet Market 
The high cost of biological safety cabinets are challenging the growth of the market. Moreover, availability of alternative cabinets such as aseptic containment isolator are further restraining its market growth during the forecast period 2020-2025.

Biological Safety Cabinet Industry Outlook
Product launches, Merger & Acquisitions, joint ventures and R&D activities are key strategies adopted by players in the Biological Safety Cabinet Market. Biological Safety Cabinet top 10 companies are Thermo Fisher Scientific, Esco Micro Pte. Ltd., Labconco Corporation, The Baker Company Inc., Kewaunee Scientific Corporation, NuAire Inc., Germfree Laboratories, EuroClone S.p.A., Air Science LLC, Berner International and H2I Group Inc.

Acquisitions/Product Launches
  • On 10 April 2018 Thermo Fisher launches new cloud-enabled biological safety cabinet which is optimum product quality that effectively controls contamination and potentially hazardous micro-organisms while allowing remote workflow connectivity for increased laboratory efficiency and productivity. 
  • On 1 January 2020 EuroClone SpA has acquisition with AddLife for the improvement in healthcare sectore. This collaboration offers high-quality, cost-effective solutions and product to the healthcare sector.

1. Biological Safety Cabinet Market Overview
    1.1 Definitions and Scope
2. Biological Safety Cabinet Market- Executive Summary
    2.1 Market Revenue, Market Size and Key Trends 
    2.2 Key trends by Type
    2.3 Key trends by End-Use Industries
    2.4 Key trends by Geography
3. Biological Safety Cabinet Market Landscape
    3.1 Market Share Analysis- Key Companies
    3.2 Product Benchmarking- Key Companies
    3.3 Financial Analysis - Key Companies
    3.4 Patent Analysis - Key Companies
    3.5 Pricing Analysis
4. Biological Safety Cabinet Market - Startup companies Scenario Premium (Premium)
    4.1 Key startup company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Application Analysis
        4.1.4 Venture Capital and Funding Scenario
5. Biological Safety Cabinet Market - Industry Market Entry Scenario Premium (Premium)
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of successful ventures
6. Biological Safety Cabinet Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters Five Force Model
        6.3.1 Bargaining Power Of Suppliers
        6.3.2 Bargaining Powers Of Customers
        6.3.3 Threat Of New Entrants
        6.3.4 Rivalry Among Existing Players
        6.3.5 Threat Of Substitutes 
7. Biological Safety Cabinet Market - Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Biological Safety Cabinet Market – By Type (Market Size -$Million/$Billion)
    8.1 Class I
    8.2 Class II
        8.2.1 Type A1
        8.2.2 Type A2
        8.2.3 Type B1
        8.2.4 Type B2
        8.2.5 Type C1
    8.3 Class III
9. Biological Safety Cabinet Market – By End-Use Industries (Market Size -$Million/$Billion)
    9.1 Pharmaceutical & Biopharmaceutical Companies
    9.2 Diagnostic & Testing Laboratories
    9.3 Academic & Research Institution
    9.4 Others
10. Biological Safety Cabinet Market - By Geography (Market Size -$Million/$Billion)
    10.1 North America
        10.1.1 U.S.
        10.1.2 Canada
        10.1.3 Mexico
    10.2 Europe
        10.2.1 U.K.
        10.2.2 Germany
        10.2.3 France
        10.2.4 Italy
        10.2.5 Spain
        10.2.6 Rest of Europe
    10.3 Asia-Pacific
        10.3.1 China
        10.3.2 Japan
        10.3.3 South Korea
        10.3.4 India
        10.3.5 Australia & New Zealand
        10.3.6 Rest of Asia-Pacific
    10.4 Rest of the World
        10.4.1 Middle East
        10.4.2 Africa
        10.4.3 South America
11. Biological Safety Cabinet Market – Entropy
12. Biological Safety Cabinet Market - Industry / Segment Competition landscape Premium (Premium)
    12.1 Market Share Analysis
        12.1.1 Market Share by Country- Key companies
        12.1.2 Market Share by Region- Key companies
        12.1.3 Market Share at Global Level- Key companies
        12.1.4 Best Practices for Companies
13. Biological Safety Cabinet Market - Key Company List by Country Premium (Premium)
14. Biological Safety Cabinet Market Company Analysis
    14.1 Company Revenue, Products, M&A, Developments
    14.2 Company 1
    14.3 Company 2
    14.4 Company 3
    14.5 Company 4
    14.6 Company 5
    14.7 Company 6
    14.8 Company 7
    14.9 Company 8
    14.10 Company 9
    14.11 Company 10 and more
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Biological Safety Cabinet Market, By Type Market 2023-2030 ($M)
1.1 Class I Market 2023-2030 ($M) - Global Industry Research
1.2 Class Ii Market 2023-2030 ($M) - Global Industry Research
1.2.1 Class Ii Type A Market 2023-2030 ($M)
1.2.2 Class Ii Type B Market 2023-2030 ($M)
1.3 Class Iii Market 2023-2030 ($M) - Global Industry Research
2.Global Biological Safety Cabinet Market, By End User Market 2023-2030 ($M)
2.1 Pharmaceutical & Biopharmaceutical Company Market 2023-2030 ($M) - Global Industry Research
2.2 Diagnostic And Testing Laboratory Market 2023-2030 ($M) - Global Industry Research
2.3 Academic & Research Institution Market 2023-2030 ($M) - Global Industry Research
3.Global Biological Safety Cabinet Market, By Type Market 2023-2030 (Volume/Units)
3.1 Class I Market 2023-2030 (Volume/Units) - Global Industry Research
3.2 Class Ii Market 2023-2030 (Volume/Units) - Global Industry Research
3.2.1 Class Ii Type A Market 2023-2030 (Volume/Units)
3.2.2 Class Ii Type B Market 2023-2030 (Volume/Units)
3.3 Class Iii Market 2023-2030 (Volume/Units) - Global Industry Research
4.Global Biological Safety Cabinet Market, By End User Market 2023-2030 (Volume/Units)
4.1 Pharmaceutical & Biopharmaceutical Company Market 2023-2030 (Volume/Units) - Global Industry Research
4.2 Diagnostic And Testing Laboratory Market 2023-2030 (Volume/Units) - Global Industry Research
4.3 Academic & Research Institution Market 2023-2030 (Volume/Units) - Global Industry Research
5.North America Biological Safety Cabinet Market, By Type Market 2023-2030 ($M)
5.1 Class I Market 2023-2030 ($M) - Regional Industry Research
5.2 Class Ii Market 2023-2030 ($M) - Regional Industry Research
5.2.1 Class Ii Type A Market 2023-2030 ($M)
5.2.2 Class Ii Type B Market 2023-2030 ($M)
5.3 Class Iii Market 2023-2030 ($M) - Regional Industry Research
6.North America Biological Safety Cabinet Market, By End User Market 2023-2030 ($M)
6.1 Pharmaceutical & Biopharmaceutical Company Market 2023-2030 ($M) - Regional Industry Research
6.2 Diagnostic And Testing Laboratory Market 2023-2030 ($M) - Regional Industry Research
6.3 Academic & Research Institution Market 2023-2030 ($M) - Regional Industry Research
7.South America Biological Safety Cabinet Market, By Type Market 2023-2030 ($M)
7.1 Class I Market 2023-2030 ($M) - Regional Industry Research
7.2 Class Ii Market 2023-2030 ($M) - Regional Industry Research
7.2.1 Class Ii Type A Market 2023-2030 ($M)
7.2.2 Class Ii Type B Market 2023-2030 ($M)
7.3 Class Iii Market 2023-2030 ($M) - Regional Industry Research
8.South America Biological Safety Cabinet Market, By End User Market 2023-2030 ($M)
8.1 Pharmaceutical & Biopharmaceutical Company Market 2023-2030 ($M) - Regional Industry Research
8.2 Diagnostic And Testing Laboratory Market 2023-2030 ($M) - Regional Industry Research
8.3 Academic & Research Institution Market 2023-2030 ($M) - Regional Industry Research
9.Europe Biological Safety Cabinet Market, By Type Market 2023-2030 ($M)
9.1 Class I Market 2023-2030 ($M) - Regional Industry Research
9.2 Class Ii Market 2023-2030 ($M) - Regional Industry Research
9.2.1 Class Ii Type A Market 2023-2030 ($M)
9.2.2 Class Ii Type B Market 2023-2030 ($M)
9.3 Class Iii Market 2023-2030 ($M) - Regional Industry Research
10.Europe Biological Safety Cabinet Market, By End User Market 2023-2030 ($M)
10.1 Pharmaceutical & Biopharmaceutical Company Market 2023-2030 ($M) - Regional Industry Research
10.2 Diagnostic And Testing Laboratory Market 2023-2030 ($M) - Regional Industry Research
10.3 Academic & Research Institution Market 2023-2030 ($M) - Regional Industry Research
11.APAC Biological Safety Cabinet Market, By Type Market 2023-2030 ($M)
11.1 Class I Market 2023-2030 ($M) - Regional Industry Research
11.2 Class Ii Market 2023-2030 ($M) - Regional Industry Research
11.2.1 Class Ii Type A Market 2023-2030 ($M)
11.2.2 Class Ii Type B Market 2023-2030 ($M)
11.3 Class Iii Market 2023-2030 ($M) - Regional Industry Research
12.APAC Biological Safety Cabinet Market, By End User Market 2023-2030 ($M)
12.1 Pharmaceutical & Biopharmaceutical Company Market 2023-2030 ($M) - Regional Industry Research
12.2 Diagnostic And Testing Laboratory Market 2023-2030 ($M) - Regional Industry Research
12.3 Academic & Research Institution Market 2023-2030 ($M) - Regional Industry Research
13.MENA Biological Safety Cabinet Market, By Type Market 2023-2030 ($M)
13.1 Class I Market 2023-2030 ($M) - Regional Industry Research
13.2 Class Ii Market 2023-2030 ($M) - Regional Industry Research
13.2.1 Class Ii Type A Market 2023-2030 ($M)
13.2.2 Class Ii Type B Market 2023-2030 ($M)
13.3 Class Iii Market 2023-2030 ($M) - Regional Industry Research
14.MENA Biological Safety Cabinet Market, By End User Market 2023-2030 ($M)
14.1 Pharmaceutical & Biopharmaceutical Company Market 2023-2030 ($M) - Regional Industry Research
14.2 Diagnostic And Testing Laboratory Market 2023-2030 ($M) - Regional Industry Research
14.3 Academic & Research Institution Market 2023-2030 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
2.Canada Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
3.Mexico Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
4.Brazil Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
5.Argentina Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
6.Peru Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
7.Colombia Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
8.Chile Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
9.Rest of South America Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
10.UK Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
11.Germany Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
12.France Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
13.Italy Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
14.Spain Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
15.Rest of Europe Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
16.China Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
17.India Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
18.Japan Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
19.South Korea Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
20.South Africa Biological Safety Cabinet Market Revenue, 2023-2030 ($M)
21.North America Biological Safety Cabinet By Application
22.South America Biological Safety Cabinet By Application
23.Europe Biological Safety Cabinet By Application
24.APAC Biological Safety Cabinet By Application
25.MENA Biological Safety Cabinet By Application
26.Thermo Fisher Scientific, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Labconco, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Esco Micro, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.The Baker Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Kewaunee Scientific, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.Nuaire, Sales /Revenue, 2015-2018 ($Mn/$Bn)
32.Germfree Laboratory, Sales /Revenue, 2015-2018 ($Mn/$Bn)
33.Euroclone, Sales /Revenue, 2015-2018 ($Mn/$Bn)
34.Cruma, Sales /Revenue, 2015-2018 ($Mn/$Bn)
35.Air Science, Sales /Revenue, 2015-2018 ($Mn/$Bn)
36.Berner International, Sales /Revenue, 2015-2018 ($Mn/$Bn)
37.Biobase, Sales /Revenue, 2015-2018 ($Mn/$Bn)