Laboratory Safety Cabinets Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030
Report Overview
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Laboratory Safety Cabinets market including various factors related to and dependent influencing the market growth.
Laboratory Safety Cabinets in this report specifically refers to Biological safety cabinets (BSCs). Biological safety cabinets (BSCs) are designed to protect the operator, the laboratory environment and work materials from exposure to infectious aerosols and splashes that may be generated when manipulating materials containing infectious agents, such as primary cultures, stocks and diagnostic specimens BSCs, when properly used, have been shown to be highly effective in reducing laboratory acquired infections and cross-contaminations of cultures due to aerosol exposures. The Biological Cabinets divide to 3 classes: Class I biological safety cabinet, Class II biological safety cabinets, Class III biological safety cabinet.
North America is expected to exceed USD 41.40 million by 2016, at a CAGR of over 8.39% from 2011 to 2016. Asia is estimated to be the largest market for Laboratory Safety Cabinets in 2016, with China expected to lead the market in terms of growth rate from 2011 to 2016.
The two largest player account for about 29.11 % of total industry production value in 2015. Key market players include ESCO, Thermo Fisher Scientific Inc, AIRTECH, Telstar Life-Sciences, NuAire (Polypipe), The Baker Company, Kewaunee Scientific, Heal Force Bio-Meditech, BIOBASE, Donglian Har Instrument, and Labconco among others.
The market is not only influenced by the price, but also influenced by the product performance. Although China Biological Safety Cabinet companies have price advantage, the application is narrow to some extent due to the poor manufacture processing, cheap raw material and less diversity of products. The leading companies own the advantages on better performance, more abundant product\'s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing.
The Laboratory Safety Cabinets market was valued at 140 Million US$ in 2020 and is projected to reach 210 Million US$ by 2030, at a CAGR of 4.8% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Laboratory Safety Cabinets.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Laboratory Safety Cabinets market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Laboratory Safety Cabinets market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Laboratory Safety Cabinets market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Laboratory Safety Cabinets Market:
The major competitors working in the market are:
, ESCO, Thermo Fisher Scientific Inc, AIRTECH, Telstar Life-Sciences, NuAire (Polypipe), Baker Company, Kewaunee Scientific, Heal Force Bio-Meditech, BIOBASE, Donglian Har Instrument, Labconco
Market by Order Type
Class I Biological Safety Cabinets
Class II Biological Safety Cabinets
Class III Biological Safety Cabinet
Laboratory Safety Cabinets Data by Application
Pharmaceutical factory
Hospital
Disease Prevention and Control
Academic Research
Others (Food Inspection Station, Chemical etc.)
Laboratory Safety Cabinets Regions Covered in the Report are:
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Rest of the World
The information about the Laboratory Safety Cabinets market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Laboratory Safety Cabinets Market Report:
- To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
- To provide an in-depth analysis of the Laboratory Safety Cabinets market with information on various segment and sub-segments
- To provide a regional analysis and global analysis for the Laboratory Safety Cabinets market size and their forecasts
- To provide strategic profiles of the key players operating in the Laboratory Safety Cabinets market, their key competencies, and market competition
- To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
- The impact of COVID-19 pandemic on the Laboratory Safety Cabinets market
Target Audiences for Laboratory Safety Cabinets Market:
- Investors
- Investment Bankers
- Key Consulting Companies and Advisors
- Venture Capitalists
- Large, Medium-sized, and Small enterprises
Customization:
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