(MENAFN- EIN Presswire) Biological Safety Cabinet Market-By PMI
Biological Safety Cabinet Market, By Product Type, By End Use and By Region - Trends, Analysis and Forecast till 2029
COVINA, CALIFORNIA , UNITED STATE, March 28, 2023/einpresswire.com / -- A biological safety cabinet (BSC) is a vented laboratory workplace that is meant to keep personnel and equipment safe from pathogen contamination. The cabinets reduce the risk of dangerous viruses, germs, and other microbes entering the body. They're divided into three groups: I, II, and III. The user and the environment are both protected in Class I cabinets. Class II cabinets, which are utilized for low to moderate risk biological agents, protect the user, the environment, and the samples, whereas class III cabinets provide maximum safety through gas-tight enclosures. They can be designed to give varying levels of protection in order to achieve the best possible control over product quality while reducing the danger of contamination.
Biological Safety Cabinet Market, By Product Type (Class I, Class II, Class III), By End Use (Pharma & Biopharma Companies, Diagnostics & Testing Laboratories) and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2029
Region Analysis:
North America is expected to hold a significant market share in the global biological safety cabinet market due to increased research and development activities in the pharmaceutical and biotechnology industries, as well as the increased risk of pandemics and communicable diseases in this region. Furthermore, the widespread use of technologically improved biological safety cabinets, as well as a well-developed healthcare sector, are driving the entire regional market forward.
Key Development:
.Azbil Telstar introduced the BiOptima Class II safety cabinets in 2019, which have improved operating systems for cytotoxic handling, as well as
extremely efficient HEPA filters that are both energy-saving and easy to use.
Request Free Sample:
Scope of the Report:
1.Market Preview
Executive Summary
Key Findings-Global Outlook for Biological Safety Cabinet Strategies
.Key Questions this Study will Answer
.Market Snippet, By Product Type
.Market Snippet, By End-Use Industry
Opportunity Map Analysis
Executive Summary-3 Big Predictions
2.Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
.Drivers
.Restraints
.Market Opportunities
.Market Trends
DR Impact Analysis
PEST Analysis
Porter's Five Forces Analysis
Opportunity Orbit
Market Investment Feasibility Index
Macroeconomic Factor Analysis
3.Global Biological Safety Cabinet Market, By Product Type, 2020 – 2030, (US$ Mn)
Overview
.Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
.Y-o-Y Growth Analysis (%), 2020 – 2030
.Segment Trends
Class I
.Overview
.Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
Class II
.Overview
.Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
Class III
.Overview
.Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
4.Global Biological Safety Cabinet Market, By End-Use Industry, 2020 – 2030, (US$ Mn)
Overview
.Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
.Y-o-Y Growth Analysis (%), 2020 – 2030
.Segment Trends
Pharma & Biopharma Companies
.Overview
.Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
Diagnostics & Testing Laboratories
.Overview
.Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
Segmentation:
The Biological Safety Cabinet Market accounted for US$ 169.71 million in 2020 and is estimated to be US$ 348.99 million by 2030 and is anticipated to register a CAGR of 7.50%. The Global Biological Safety Cabinet Market is segmented by Product Type, End-Use Industry and Region.
.By Product Type, the Global Biological Safety Cabinet Market is segmented into Class I, Class II, and Class III.
.By End-Use Industry, the Global Biological Safety Cabinet Market is classified into Pharma & Biopharma Companies, Diagnostics & Testing
Laboratories.
.By region, the Global Biological Safety Cabinet Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East &
Africa.
Competitive Analysis:
.Thermo Fisher Scientific
.Germfree Laboratories
.BIOBASE
.NuAire
.EUROCLONE
.Cruma Air Science
.Kewaunee Scientific
.Esco Micro
.Berner International
Some Important Points Answered in this Market Report Are Given Below:
.Explains an overview of the product portfolio, including product development, planning, and positioning
.Explains details about key operational strategies with a focus on R&D strategies, corporate structure, localization strategies, production capabilities,
and financial performance of various companies.
.Detailed analysis of the market revenue over the forecasted period.
.Examining various outlooks of the market with the help of Porter's five forces analysis, PEST & SWOT Analysis.
.Study on the segments that are anticipated to dominate the market.
.Study on the regional analysis that is expected to register the highest growth over the forecast period
Questions answered by Biological Safety Cabinet Market:
What is the current size of the biological safety cabinet market, and what is the expected growth rate in the next few years?
According to a report by MarketsandMarkets, the global biological safety cabinet market size was valued at $142.4 million in 2020. The market is expected to grow at a compound annual growth rate (CAGR) of 8.5% from 2021 to 2026, reaching a projected value of $225.6 million by 2026. The growth of the market is driven by factors such as the increasing demand for biologics, vaccines, and biosimilars, as well as the growing prevalence of infectious diseases and the need for safe laboratory practices.
What are the key trends and developments in the biological safety cabinet market, and how will they shape the future of the industry?
The key trends and developments in the biological safety cabinet market include the increasing adoption of automated and smart cabinets, the development of portable and compact models, and the use of advanced materials such as stainless steel and acrylic. Additionally, there is a growing emphasis on energy efficiency and sustainability, with manufacturers developing eco-friendly models that reduce energy consumption and carbon footprint. These trends are expected to shape the future of the industry by improving safety and efficiency in laboratory and healthcare settings, as well as addressing the need for cost-effective and environmentally friendly solutions. Furthermore, the ongoing COVID-19 pandemic has led to a surge in demand for biological safety cabinets, which is expected to continue in the coming years, especially in emerging economies.
How is the regulatory landscape evolving for biological safety cabinets, and what impact will this have on market growth and innovation?
The regulatory landscape for biological safety cabinets is evolving with increasing emphasis on product quality, safety, and compliance with international standards. This is expected to have a positive impact on market growth and innovation as manufacturers strive to meet the regulatory requirements and improve product performance and features. Additionally, the growing demand for certified and validated cabinets is likely to drive the adoption of advanced technologies such as HEPA filters, UV lamps, and air flow sensors to ensure optimal performance and safety.
Browse Other Related Research Reports from Prophecy Market Insights:
bet inhibitors market : By Type (Bromodomain 2, Bromodomain 3, Bromodomain 4 and Bromodomain testis), By Distribution channel (Hospital pharmacies, Retail pharmacies and Online pharmacies), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030
uveal melanoma market : By Diagnosis (Ultrasonography, Indocyanine green angiography, High resolution ultrasound Biomicroscopy and Others), By Therapy (Radiation therapy, Surgical resection techniques, Transpupillary thermotherapy and Others), By End-User (Hospital, Ambulatory surgical centers, Ophthalmology clinics and Others), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Market Trends, Analysis, and Forecast till 2030
Shweta Raskar
Prophecy Market Insights
+ +1 860 531 2574
email us here
Visit us on social media:
facebook
twitter
linkedin
youtube
MENAFN28032023003118003196ID1105884089
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.