Biological Safety Cabinet Market Size Worth $405.80 Million By 2032 | CAGR: 7.6%

Biological Safety Cabinet Market Size Worth $405.80 Million By 2032 | CAGR: 7.6%

The global biological safety cabinet market size is expected to reach USD 405.80 million by 2032, according to a new study by Polaris Market Research. The report “Biological Safety Cabinet Market Share, Size, Trends, Industry Analysis Report, By Product Type (Class I, Class II, and Class III); By End-Use; By Region; Segment Forecast, 2024 - 2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The rise in the consumer disposable income on healthcare and well-being, increased prevalence for chronic diseases, tremendous surge in the clinical or laboratories research activities along with the increasing government favorable regulations and growth in the number of biologics across the globe are major factors expected to fuel the market growth over the course of study period.

In addition, large scale R&D by various pharma and biopharma companies and their growing focus on introducing biosafety cabinets with innovative and advanced features to tackle the biological hazards, are further anticipated to stimulate the demand and growth of the market.

For instance, in November 2022, Baker introduced its latest Class II type A2 biological safety cabinet, a highly durable, reliable, and energy-efficient cabinets that provides protection for products, personnel, and environment also. The cabinet is integrated with SterilGARD e3 features, that use low energy and further extends the filter life with self-adjusting motor technology.

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With the rapid and continuous development of science and technology and significant improvement of people’s safety awareness across the globe, biological safety cabinets have gained high traction and are being widely used in research institutes, hospitals, laboratories, and many other industry sectors. The increased penetration of such cabinets as a negative pressure purification equipment that relies on the double-layer construction, that prevent operators and environment from getting exposed to the harmful aerosols generated in the laboratories.

Furthermore, volatile chemicals and dangerous pathogens that are extremely perilous, the protection and the safety of researcher & the environment is very crucial and important, since biological safety cabinets contains components such as HEPA filters, ultra-violet lamps, flows cabinets, & others that create a sterile environment and workstation and provide higher protection.

Biological Safety Cabinet Market Report Highlights

  • Class II segment accounted for largest market share in 2022, which is mainly attributed to increased awareness regarding the beneficial characteristics of these systems and widespread use in research activities
  • Pharmaceutical & biopharmaceutical companies’ segment is projected to grow at fastest CAGR during the study period owing to extensive R&D and rising investment in medical and life sciences sector
  • Asia Pacific region is expected to be the fastest growing region over the projected period, that is mainly driven by increased spending on healthcare spending and growing government support with favorable regulations in the region
  • The global key market players include Thermo Fisher Scientific, Baker Company, Jinan Biobase Biotech, Berner International, & Germfree Laboratories

Polaris Market Research has segmented the biological safety cabinet market report based on product type, end-use, and region:

Biological Safety Cabinet, Product Type Outlook (Revenue - USD Million, 2019 - 2032)

  • Class I
  • Class II
  • Class III

Biological Safety Cabinet, End-Use Outlook (Revenue - USD Million, 2019 - 2032)

  • Pharmaceutical & Biopharmaceutical Companies
  • Diagnostic & Testing Laboratories
  • Academic & Research Organization

    Biological Safety Cabinet, Regional Outlook (Revenue - USD Million, 2019 - 2032)

  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Netherlands
  • Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Indonesia
  • Malaysia
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Middle East & Africa
  • UAE
  • Saudi Arabia
  • Israel
  • South Africa