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Monday, July 25, 2022

Lucintel Forecasts Biological Safety Cabinet Market to Reach $XX Billion by 2027

According to the recent study the Biological Safety Cabinet Market is projected to reach an estimated $XX billion by 2027 from $XX billion in 2022, at a CAGR of 7% to 9% from 2022 to 2027. Growth in this market is primarily driven by increased risk of pandemics and communicable diseases, rapid growth in the number of biologics, and increased incidence of chronic diseases.

Browse XX figures / charts and XX tables in this 150 -page report to understand trends, opportunities and forecast in biological safety cabinet market by product type (Class I, Class II, Class III), end-use (pharmaceuticals & biopharmaceutical companies, diagnostic & testing laboratories, and academic & research organizations) and region (North America, Europe, Asia Pacific, and the Rest of the World).

Download sample report by clicking on below link https://www.lucintel.com/biological-safety-cabinet-market.aspx

“Class II market is expected to remain the largest segment during the forecast period.”

Based on product type, the biological safety cabinet market is segmented into Class I, Class II, Class III. Lucintel forecasts that the Class II market is expected to remain the largest segment due to the rising product usage for handling pathogenic biological samples as the cabinets are used for applications where a sterile work zone is mandatory, and provides complete protection and are widely used in basic research activities.

“Within the biological safety cabinet market, the pharmaceutical & biopharmaceutical companies segment is expected to remain the largest end-use.”

Based on end-use the pharmaceutical & biopharmaceutical companies segment is expected to witness the highest growth over the forecast period due to biopharma and pharma industries requiring a strong R&D facility because of which they need advanced facilities and equipment, and advanced technology-based products, increasing research and development activities, rising investments in the medical sector and life sciences.

“Asia pacific will dominate the biological safety cabinet market in near future.”

APAC will remain the fastest growing region due to the rising expenditure by domestic and foreign firms, a great pool of skilled labour, governments shift towards promoting basic research, and entrepreneurship.

Download Brochure of this report by clicking on https://www.lucintel.com/biological-safety-cabinet-market.aspx

Major players of biological safety cabinet market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Thermo Fisher Scientific Inc., Germfree Laboratories, BIOBASE, NuAire, EUROCLONE, Cruma Air Science, Kewaunee Scientific, Esco Micro, Berner International, and Labconco Corporation are among the major biological safety cabinet providers.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/biological-safety-cabinet-market.aspx or helpdesk@lucintel.com.

About Lucintel

At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times. For further information, visit www.lucintel.com.

Contact:
Brandon Fitzgerald
Lucintel
Dallas, Texas, USA
Email:
brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751

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