The global biological safety cabinet market is projected to reach USD 0.4 billion by 2027 from USD 0.2 billion in 2022, at a CAGR of 8.2% during the forecast period. Growth in the biological safety cabinet market is mainly driven by factors such as the increase in favorable regulations in pharmaceutical and biopharmaceutical companies and increase in number of communicable diseases.
The major players in this market are Thermo Fisher Scientific (US), Kewaunee Scientific (US), Labconco (US), Esco Micro (Singapore), The Baker Company (US), NuAire (US), Germfree Laboratories (US), Cruma (Spain), Air Science (US), Berner International (US), Azbil telstar (Spain), LaboGene (Denmark), Biolab Scientific (Canada), Lamsystems (Germany), Faster S.R.L (Italy), MRC Laboratory Equipment (Israel), Nanbei Instrument Limited (China), Thermolab (India), Labmate (UK), TopAir Systems, Inc. (US), Albian Group (Spain), Thomas Scientific (US), Zhejiang FUXIA Medical Technology Co. (China), Stericox (India)
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In 2021, Thermo Fisher Scientific (US) held the leading position in the biological safety cabinets market. The company has maintained a leading position in the market through its strong presence across North America. The company adopts organic growth strategies to increase its dominance in this market by innovating new produtcts to increase the product range.
In 2021, Kewaunee Scientific (US) held the second position in the biological safety cabinets market. It has a increased presence in North America and the Asia Pacific with a strong network and growth strategies, with these strategies the company is focusing on increasing its presence geographically.
Labconco (US) held the leading position in the biological safety cabinets market in 2021. Its leading position in this market can be attributed to its strong sales and distribution network. The company has strong presence globally due to excellent channel. Its product portfolio plays a key role in in expanding safe healthcare in developing countries.
Biological Safety Cabinet Market by Type (Class I, Class II (Type A, Type B), Class III), End User (Pharmaceutical & Biopharmaceutical Companies, Diagnostic & Testing Laboratories, Academic Research Institutes), and Region - Global Forecast to 2027
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