Biological Safety Cabinets Market, Dynamics, and Market Analysis

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Presents a Research Report on
Biological Safety Cabinets Market
The report on the Global Biological Safety
Cabinets Market is segmented By Type (Class I,
Class II Class II Type A, Class II Type B,
Class III), By End-Use (Pharmaceutical
Biopharmaceutical Companies, Diagnostics
Testing Laboratories, Academic Research
Organizations), and Region.


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Biological Safety Cabinets Market Growth and
Forecast Highlights Drivers

• The Global Biological Safety Cabinets market is
  expected to grow from USD 163.5 million in 2020
  to USD 255.4 million by 2026 at a CAGR of over
  7.7 during the forecast period.
• Biological Safety Cabinets, also known as
  biosafety cabinets (BSC) or microbiological
  safety cabinets that are ventilated laboratory
  workspace for working safely at a defined
  biosafety level, with the materials contaminated
  by pathogens.
• The major purpose of biological safety cabinets
  is to protect the laboratory worker as well as
  the surrounding environment from harmful
  pathogens.
• It predominantly is used for the containment of
  infectious pathogens and hazardous chemicals
  while working on research.
• Market Dynamics
• The rising number of RD activities in both
  pharmaceutical and biopharmaceutical companies
  further bolsters the product demand.
• The market growth is primarily driven by
  favourable regulations augmenting the use of
  biological safety cabinets in the healthcare
  industry coupled with an increased risk of
  pandemics and communicable diseases.
• Moreover, the rapid growth in the number of
  biologics increased investment in healthcare
  infrastructure in growing economies, further
  proliferate the market growth.

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Biological Safety Cabinets Market Growth and
Forecast Highlights Drivers

• COVID-19 Impact on Global Biological Safety
  Cabinets market
• The ongoing COVID-19 pandemic is likely to
  positively influence the biological cabinets
  industry in 2020.
• Stringent lockdown measures, quarantine for the
  infected across the globe, as well as restricted
  movement, and a rising concern for the cure and
  treatment of the virus.
• In addition, funds and grants for the production
  of vaccine and drug approval require safe
  cabinets to prevent the spread of the virus, thus
  spurs the demand for biological safety cabinets.
• Critical Questions Answered in the Report
• What are the key trends in the global biological
  safety cabinets market?
• How the market (and its various sub-segments) has
  grown in the last five years and what would be
  the growth rate in the next five years?
• What is the impact of COVID-19 on the global
  biological safety cabinets market?
• What are the key strategies adopted by the major
  vendors to lead in the global biological safety
  cabinets market?
• What is the market share of the top vendors?

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Market Insights

• By Type
• The biological safety cabinets market has been
  categorized into Class I, Class II, and Class
  III.
• Among these, the Class II garnered the highest
  market share of over 40 in 2020 and is projected
  to register a healthy CAGR during the forecast
  period.
• It offers complete protection and are mainly used
  in basic research activities.
• Moreover, it offers protection for product,
  personnel, as well as the environment.
• By Region
• North America witnessed the largest market share
  of around 34 and is estimated to grow at a
  robust CAGR during the review period.
• This is mainly attributed to the presence of
  well-established healthcare companies, strong
  funding for RD activities, a strong base of
  vaccination and epidemiology centres, and the
  rising prevalence of epidemics.
• In addition, rising incidences of chronic
  diseases and the quick adoption of advanced
  technologies, in the region further contribute to
  the regional market growth.

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Competitive Insights
Biological Safety Cabinets Market, regional
expansion, and execution of mergers
acquisitions are the key strategies adopted by
the major players to gain a competitive edge in
the market. Key Companies Analysed

• Thermo Fisher Scientific, Inc. (The U.S),
• Laboconco Corporation (The U.S),
• Nuaire Inc. (The U.S),
• The Baker Company (The U.S),
• Azbil Telstar (Spain),
• Jinan Biobase Biotech (China),
• Germfree laboratories (The U.S),
• Air science Inc. (The U.S),
• HAIER BIOMEDICAL (The U.S),
• CRUMA S.A (Spain).

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Research Methodology
Data Analysis Top Down and Bottom Up Approach)
Data Triangulation Data Evaluation and Multiple
Data Triangulation)
Final Deliverables Final Report with All Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
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Primary Research

• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
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• Association Articles
• Government Documents
• Social Media
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• In-house industry veterans as advisors
• Project based subject matter experts

• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others

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Report Features

• This report provides market intelligence in the
  most comprehensive way. The report structure has
  been kept such that it offers maximum business
  value. It provides critical insights on the
  market dynamics and will enable strategic
  decision making for the existing market players
  as well as those willing to enter the market. The
  following are the key features of the report
• Market structure Overview, industry life cycle
  analysis, supply chain analysis.
• Market environment analysis Growth drivers and
  constraints, Porters five forces analysis, SWOT
  analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics Market share,
  product portfolio, product launches, etc.
• Attractive market segments and associated growth
  opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing
  and new players.
• Key success factors.

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