Global Biological Safety Cabinet Market Overview
Biological Safety Cabinet Market accounted for USD 169.71 Million in 2020 and is estimated to be USD 348.99 Million by 2030 and is anticipated to register a CAGR of 7.50%.
There are three types of biosafety cabinets: class I, class II, and class III. Only the user and the surrounding environment are protected in Class I, but no products are protected. The user, the environment, and the sample are all protected in Class II. Class III or glove boxes provide the highest level of protection, with a HEPA filter-ventilated cabinet equipped with glove ports and disinfection facilities for material input and exit. According to the World Health Organization (WHO), communicable diseases accounted for 28 percent of worldwide disease burden in 2017. In addition, the UK's Innovation Agency provided over 12 million pounds in funding in 2018 to facilitate the merging of technologies in the health and life sciences sectors.
Global Biological Safety Cabinet Market Drivers & Restraints
Increasing infectious diseases all across the world
Infectious diseases are on the rise all across the world. Infectious diseases are estimated to kill about 30 million people each year, according to the World Health Organization. Between 2004 and 2016, the number of persons infected with ticks and fleas, mosquitoes, Zika, Lyme disease, and other diseases more than tripled, according to a new research from the Centers for Disease Control and Prevention (CDC). The proper handling and management of patient samples in order to undertake a large number of experiments and investigations in order to develop antidotes and vaccinations to combat these diseases need a sterilised workstation. Biological safety cabinets are mostly used to provide these regulated and disinfected settings, which is likely to fuel the industry's expansion.
Infections spread by person-to-person contact, animal-to-person contact, the environment, or other media are the most common causes of disease outbreaks. Infections that have just developed in a population and are rapidly spreading are known as emerging infectious diseases. In a 2007 report, the World Health Organization cautioned that infectious illnesses are arising at an unprecedented rate. SARS, MERS, Ebola, chikungunya, avian flu, swine flu, zika, and, most recently, COVID-19 are among the 40 infectious diseases discovered since the 1970s. Furthermore, the CDC estimates that nearly 30 million persons in the United States were infected with influenza between 2016 and 2017. Antibiotics, such as influenza vaccinations, help reduce illness by 17 percent, as well as medical visits and hospitalizations by 18 and 19 percent, respectively.
Global Biological Safety Cabinet Market Segmentations & Regional Insights
The Global Biological Safety Cabinet Market is segmented by Product Type, End-User and Region.
On the basis of Product Type, the Global Biological Safety Cabinet Market is segmented into Class I, Class II, Class III. Based on End User the market is segmented into Pharma & Biopharma Companies, Diagnostics & Testing Laboratories.
Regional Insights:
Global 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%. On region the Global Biological Safety Cabinet Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Over the forecast period, the market for biological safety cabinets in North America is predicted to rise at a healthy rate. Rise in regulatory activities aimed at improving product development is driving this expansion. For example, the CDC has launched an online course for safety experts, clinical laboratory and public health employees, and others interested in learning how to utilize Class II biological safety cabinets safely. Similar initiatives are expected to pave the way for regional growth in the future years.
Report Scope:
Attribute |
Details |
Base year for estimation |
2020 |
Forecast period |
2020 – 2029 |
Market representation |
Revenue in USD Million & CAGR from 2020 – 2029 |
Market Segmentation |
By Product Type – Class I, Class II, Class III By End User – Pharma & Biopharma Companies, Diagnostics & Testing Laboratories |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2019 to 2029. For the purpose of this study, has segmented the Global Biological Safety Cabinet Market report based on Product Type, End User and Region.
Recent Highlights:
- Thermo Fisher Scientific established its Precision Medicine Science Centre (PMSC) in Cambridge, MA in early June 2018 for the US market. The center's main focus is on 'omics' technology and collaboration, which will aid in the development of analytical workflows that provide exact molecular profiles of patients. The organisation has also made use of current technologies in order to improve development and study novel treatment options. In this regard, the launch of new facilities and the expansion of geographical presence might be considered leading strategies in the international biological safety cabinet market.
Global Biological Safety Cabinet Market, By Region:
- North America
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- U.S.
- Canada
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- Europe
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- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
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- Asia Pacific
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- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
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- Latin America
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- Brazil
- Mexico
- Rest of Latin America
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- Middle East & Africa
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- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
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Global Biological Safety Cabinet Market Competitive Landscape & Key Players
The key players operating in the Global Biological Safety Cabinet Market includes Thermo Fisher Scientific, Inc., Germfree Laboratories, BIOBASE, NuAire, EUROCLONE, Cruma Air Science, Kewaunee Scientific, Esco Micro, Berner International, and others. These players are taking a keen interest in the implementation of strategic initiatives such as mergers, acquisitions, product developments, partnerships, and collaborations for maintaining their position in the market.
Global Biological Safety Cabinet Market Company Profile
- Thermo Fisher Scientific, Inc.
- Germfree Laboratories
- BIOBASE
- NuAire
- EUROCLONE
- Cruma Air Science
- Kewaunee Scientific
- Esco Micro
- Berner International
Global Biological Safety Cabinet Market Highlights
FAQs
The Global Biological Safety Cabinet Market is segmented by Product Type, End-User and Region.
Increasing infectious diseases all across the world is one of the major reasons driving market expansion.
Over the forecast period, the market for biological safety cabinets in North America is predicted to rise at a healthy rate. Rise in regulatory activities aimed at improving product development is driving this expansion.
The key players operating in the Global Biological Safety Cabinet Market includes Thermo Fisher Scientific, Inc., Germfree Laboratories, BIOBASE, NuAire, EUROCLONE, Cruma Air Science, Kewaunee Scientific, Esco Micro, Berner International, and others.