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