About Biosafety cabinet
Biosafety Cabinets are antimicrobial cabinets that are used for various purposes. It is an enclosed cabinet that is used for the contaminated materials that are used for pharmaceutical purposes as well as labs. There are various types of biosafety cabinets that exist across the world, owing to the differentiated by the degree of biocontainment required from the end-user. Thus cumulating purposes of these cabinets in the healthcare sector is fueling the demand of the market.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Competition among existing players is due to the Biosafety cabinet market share occupied by leading players. The industry leader is engaged in offering innovative and superior quality products to cater to the ever-growing demand for Biosafety cabinet Market. The companies are implementing strategic activities such as acquisitions and mergers along with collaboration with companies in other industries to aid them in improving sustenance and maintaining their competitive advantage. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Biosafety cabinet market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Thermo Fisher Scientific (United States), Esco Micro (Singapore), Labconco Corporation (United States), The Baker Company (United States), Kewaunee Scientific Corporation(United States), NuAire (United States), Germfree Laboratories (United States), EUROCLONE (Italy), Cruma (Spain) and Air Science LLC (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Berner International (Germany) and BIOBASE (China).
Segmentation Overview
AMA Research has segmented the market of Global Biosafety cabinet market by Type (Class I, Class II (Type A, Type B) and Class III), Application (Teaching Laboratory, Research Institute, Pharmaceutical & Biopharmaceutical Companies, Diagnostic & Testing Laboratories and Others) and Region.
On the basis of geography, the market of Biosafety cabinet has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sale Channel, the sub-segment i.e. Online will boost the Biosafety cabinet market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rapid Growth in the Number of Biologics
Market Growth Drivers:
Favorable Regulations Driving the Use of Biological Safety Cabinets in the Healthcare Industry and Increased Risk of Pandemics and Communicable Diseases
Challenges:
Development of Low-Cost High-Quality Biological Safety Cabinet
Restraints:
Alternative Containment Cabinets and High Cost of Biological Safety Cabinets
Opportunities:
Rising Adoption in Emerging Economies
Market Leaders and their expansionary development strategies
In May 2021, Labconco has launched Purifier Axiom Biosafety Cabinet. The Axiom biosafety cabinets have upgraded the MyLogic OS operating system.
In February 2021, Thermo Fisher Scientific has further expanded its offering of Class II Biological Safety Cabinets (BSCs) with the addition of an advanced system, designed to meet the sample and user protection requirements of bioprocessing, clinical diagnostic and biopharmaceutical laboratories.
Key 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 and Research and consulting firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.