Market Size of Global Biological Safety Cabinet Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 8.20 % |
Fastest Growing Market | Asia Pacific |
Largest Market | North America |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Biological Safety Cabinet Market Analysis
The biological safety cabinet market is expected to register a CAGR of 8.2% during the forecast period (2022-2027).
The SARS-CoV-2 pandemic has led to an increase in regulatory recommendations for ensuring biosafety levels for individuals working in laboratories. For instance, as per the Centers for Disease Control and Prevention, clinical laboratories handle patient samples including urine practice standard precautions, blood (and blood constituents), and respiratory specimens. The rising issuance of laboratory biosafety guidelines from regulators, including the World Health Organization, is set to propel the demand for biological safety cabinets across various regions.
Biosafety cabinets are divided into three classes namely class I, class II and class III. Class I provides protection only for the user and surrounding environment but no product protection. Class II provides protection for the user, environment and sample. Class III or glove boxes which provides maximum protection, High-Efficiency Particulate Air (HEPA) filter-ventilated cabinet fitted with glove ports and decontamination capabilities for entry and exit of material.
According to the World Health Organization (WHO), globally in the year 2020,each year, non-communicable diseases claim 41 million lives: That's about 70 per cent of all global deaths While non-communicable diseases tend to manifest in adulthood, many have their origins in behaviours adopted during childhood and adolescence. Risk factors for these diseases are often preventable: Appropriate health interventions before, during and after pregnancy, and through childhood and adolescence, can significantly reduce their prevalence. Thus, increasing risk of communicable diseases and increasing research and development activities in biotechnology and pharmaceutical companies are the key driving factors in biological safety cabinet market.