Biological Safety Cabinets Market Size Worth 282.1 Million By 2027 | Grand View Research, Inc.

June 20 08:40 2020
Biological Safety Cabinets Market Size Worth 282.1 Million By 2027 | Grand View Research, Inc.

Grand View Research, Inc. – Market Research And Consulting.
According to a new report by Grand View Research, Inc., The global biological safety cabinets market size was valued at USD 158.88 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 7.5% from 2020 to 2027. Biological safety cabinets are used primarily for containment of infectious pathogens and hazardous chemicals while working on a research.

The global biological safety cabinets market size is expected to reach USD 282.1 million by 2027, registering a CAGR of 7.5%, according to a new report by Grand View Research, Inc. Technological advancements due to a rise in laboratory procedures performed that play a crucial role in the safety of personnel, product, and environment, have propelled the market growth. The introduction of smart biosafety cabinets, such as PureLogic+ manufactured by Labconco Inc., with new features and adjustable accessories is playing a crucial role in the growth of the market.

To improve the safety, efficacy, and maintenance, NCBI launched a biological safety cabinet certification program in 2016, which certifies the design, construction, performance, and field parameters of the cabinets. There are various initiatives like the biosafety management programs taken up by the government and private companies that include complete investigation of the cabinets.

Factors like the favorable regulations, increasing prevalence of communicable diseases and rising number of pharmaceutical companies and their R&D activities are anticipated to boost the market growth. However, high product costs and introduction of alternative containment cabinets like the compounding isolators are likely to restrain the market growth.

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The global market is highly competitive. Major companies have undertaken business strategies, such as geographical expansion, M&A, and product launch, to retain their market share. For instance, in 2019 Azbil Telstar launched a series of BiOptima Class II safety cabinets that has advanced operating systems for cytotoxic handling with highly efficient HEPA filters that are energy-efficient and operation-friendly.

Some of the prominent players in the biological safety cabinets market include:

  • Thermo Fisher Scientific, Inc.
  • Labconco Corp.
  • NuAire, Inc.
  • The Baker Company, Inc.
  • Azbil Telstar
  • Jinan Biobase Biotech Co. Ltd.
  • Germfree Laboratories, Inc.
  • Air Science, Inc.
  • Haier Biomedical (Qingdao Biomedical Co., Ltd.)
  • Cruma S.A.

The global biological safety cabinets market size was valued at USD 158.88 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 7.5% from 2020 to 2027. Biological safety cabinets are used primarily for containment of infectious pathogens and hazardous chemicals while working on a research. These cabinets includes basic systems like HEPA filters, Laminar Airflow, work station, ventilated cabinets and exhausts. These safety cabinets must meet the international standards and have to be ISO certified.

Key factors driving the growth of the market include increased incidence of chronic diseases, rising geriatric population, and demand for wireless and portable systems. In addition, extensive R&D by many pharmaceutical and biopharmaceutical firms along with favourable regulations is expected to drive the market. It requires a proper infrastructure and equipment facilities to carry out a scientific research; therefore, the ventilated biological safety cabinets will play a crucial role registering a momentous growth.

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While working on pathogenic organisms or volatile chemicals that are perilous, the safety and protection of the researcher and the environment is very important. Biological safety cabinets contain components like HEPA filters, ultraviolet lamps, laminar flows cabinet, etc., that provide protection by creating a sterile environment and workstation.

Biological Safety Cabinets Market Report Highlights

  • Class II type emerged as the largest product segment in 2019 owing to great efficiency and result delivery of these products
  • The type A of Class II segment is projected to register the highest CAGR over the forecast period as they offer advantages, such as improved safety
  • Pharmaceuticals and biopharmaceutical companies had the highest market share due to focus on R&D and innovation by these companies
  • For instance, in 2018, NuAire launched LabGard ES NU 540, a series of advanced type II biological safety cabinets featuring AeroMax control system and HEPEX zero leak airflow system with dynamic air barrier that allows the technicians to work with precision and efficiency without the risk of contamination

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Product Class II accounted for the largest share of more than 40% in 2019 as these systems provide complete protection and are widely used in basic research activities. The product type segment is divided into Class I, II, and III. These products are differentiated on the basis of biosafety level containment that is required during a research. Class I provides protection only for the personnel and environment, Class II provides protection for personnel, product, and environment.

Class III is for maximum protection when the research requires pathogens and radionuclide. The other key difference is their minimum inflow velocities and exhaust systems. The class II type is projected to register the fastest CAGR from 2020 to 2027. Availability of new portable accessories and advanced operation software is likely to contribute to the supplementary growth of the class II segment. Class I product type is anticipated to be the second fastest-growing segment over the forecast period.

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Grand View Research has segmented the global biological safety cabinets market on the basis of product type, end use:

Biological Safety Cabinets Product Type Outlook (Revenue, USD Million, 2016 – 2027)

  • Class I
  • Class II
    • Class II Type A
    • Class II Type B
    • Class III

Biological Safety Cabinets End-use Outlook (Revenue, USD Million, 2016 – 2027)

  • Pharmaceutical & Biopharmaceutical Companies
  • Diagnostics & Testing Laboratories
  • Academic & Research Organizations

About Grand View Research

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.

 

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