[114 Pages Report] The biological safety cabinets market was valued at USD 137.5 Million in 2016 and is projected to reach USD 205.9 Million by 2022 at a CAGR of 7.4% during the forecast period. Base year considered for the report is 2016 and the forecast period considered for this report is 2017�2022.

Objectives of the Study

To define, describe, and forecast the global biological safety cabinets market by type, end user, and region

To provide detailed information regarding the major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)

To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market

To analyze market opportunities for stakeholders and provide details of the competitive landscape for key players

To forecast size of market segments with respect to the four key regions - North America, Europe, Asia Pacific, and RoW

To analyze the market structure and profile key players of the global biological safety cabinets market and comprehensively analyze their core competencies

To analyze the competitive landscape of the major players operating in the biological safety cabinets market

Research Methodology

Top-down and bottom-up approaches were used to validate the size of the global biological safety cabinets industry and estimate the size of other dependent submarkets. Various secondary sources such as American Biological Safety Association (ABSA), International Federation of Biosafety Associations (IFBA), International Society of Vaccines (ISV), International Federation of Pharmaceutical Manufacturers & Associations (IFPMA), Society for In Vitro Biology (SIVB), Controlled Environment Testing Association (CETA), Asia Pacific Biosafety Association (APBA), Canadian Association for Biological Safety (CABS-ACSB), Press Releases, Directories, Industry journals, Databases, and Annual Reports of the companies have been used to identify and collect information useful for the study of this market. Primary sources such as experts from both supply and demand sides have been interviewed to obtain and validate information as well as to assess dynamics of this market. The breakdown of profiles of primaries is shown in the figure below:

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The major market players in the biological safety cabinets market include Thermo Fisher Scientific (US), Esco Micro (Singapore), Labconco Corporation (US), The Baker Company (US), Kewaunee Scientific Corporation (US), NuAire (US), Germfree Laboratories (US), EUROCLONE (Italy), Cruma (Spain), Air Science LLC (US), Berner International (Germany), and BIOBASE (China).

Target Audience:

Government and private research institutes

Manufacturers and suppliers of biological safety cabinets

Pharmaceutical and biopharmaceutical companies

Academic and research institutes

Venture capitalists

Medical research centers

Research and consulting firms

Scope of the Report:

The research report categorizes the biological safety cabinets market into the following segments and subsegments:

Biological Safety Cabinets Market, by Type

Class I

Class II Class II Type A Class II Type B

Class III

Biological Safety Cabinets Market, by End User

Pharmaceutical and Biopharmaceutical Companies

Diagnostics & Testing Laboratories

Academic & Research Organizations

Biological Safety Cabinets Market, by Region

North America US Canada

Europe Germany France UK RoE

Asia Pacific Japan China India RoAPAC

Rest of the World

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company�s specific needs. The following customization options are available for the report:

Product Analysis

Product matrix, which gives a detailed comparison of the product portfolios of each company

Company Information

Detailed analysis and profiling of additional market players (up to 3)

The biological safety cabinets market is projected to reach USD 205.9 Million by 2022 from USD 144.3 Million in 2017, at a CAGR of 7.4% during the forecast period. Growth in the biological safety cabinets market is mainly driven by factors such as favorable regulations, increased risk of pandemics and communicable diseases, and pharmaceutical companies, and rapid growth in the number of biologics. The biological safety cabinets market is segmented on the basis of type, end user, and region.

By type, the market is segmented into Class I, Class II, and Class III biological safety cabinets. The Class II biological safety cabinets market is expected to grow at the highest CAGR during the forecast period. The primary reason for this is the high level of protection offered by these cabinets against infectious agents and the increase in the number of biologics used to treat various diseases.

The global biological safety cabinets market is categorized on the basis of end users into pharmaceutical & biopharmaceutical companies, diagnostic and testing laboratories, and academic & research institutions. The highest CAGR during the forecast period is likely to be registered by the pharmaceutical & biopharmaceutical companies segment. This is primarily due to the increasing number of research and development activities and the need to ensure the safety of laboratory personnel.

Geographic segments in this report include North America, Europe, Asia Pacific, and RoW. In 2017, North America held the largest share of the market. The large share of the North American segment can be primarily attributed to the increasing biomedical research and R&D by pharmaceutical companies in that region, growing stem cell research, government support for research in the US, and government support for the development of protein drugs in Canada.

The development of efficient and reliable alternatives to biological safety cabinets such as the compounding isolators pose a major restraint to the growth of the global biological safety cabinets market. In addition, the high cost of the biological safety cabinets limits the uptake of these systems and is likely to restrain the market to a certain extent.

The major market players in the biological safety cabinets market include Thermo Fisher Scientific (US), Esco Micro (Singapore), Labconco (US), The Baker Company (US), Kewaunee Scientific (US), NuAire (US), Germfree Laboratories (US), EUROCLONE (Italy), Cruma (Spain), Air Science (US), Berner International (Germany), and BIOBASE (China).

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