Global Biological Safety Cabinet Market Size & Outlook
Global biological safety cabinet market, 2018-2030 (US$M)
Related Markets
Global biological safety cabinet market highlights
- The global biological safety cabinet market generated a revenue of USD 211.0 million in 2023 and is expected to reach USD 352.4 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 7.6% by 2030.
- In terms of segment, class ii accounted for a revenue of USD 136.4 million in 2023.
- Class I is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, Spain is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 211.0 million |
| Market revenue in 2030 | USD 352.4 million |
| Growth rate | 7.6% (CAGR from 2023 to 2030) |
| Largest segment | Class ii |
| Fastest growing segment | Class I |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Class I, Class II, Class III |
Other key industry trends
- In terms of revenue, the North America accounted for 32.2% of the global biological safety cabinet market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Spain is the fastest growing regional market and is projected to reach USD 3.7 million by 2030.
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Biological Safety Cabinet Market Scope
Biological Safety Cabinet Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global biological safety cabinet market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biological safety cabinet market will help companies and investors design strategic landscapes.
Class ii was the largest segment with a revenue share of 64.64% in 2023. Horizon Databook has segmented the Global biological safety cabinet market based on class i, class ii, class iii covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Biological Safety Cabinet Product Outlook (Revenue, USD Million, 2018-2030)
- Class I
- Class II
- Class II Type A
- Class II Type B
- Class III
- Global Biological Safety Cabinet End Use Outlook (Revenue, USD Million, 2018-2030)
- Pharmaceutical and Biopharmaceutical Companies
- Diagnostics & Testing Laboratories
- Academic & Research Organizations
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Horizon Databook provides a detailed overview of global-level data and insights on the Global biological safety cabinet market , including forecasts for subscribers. This global databook contains high-level insights into Global biological safety cabinet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global biological safety cabinet market size, by regions, 2018-2030 (US$M)
Top 10 countries: Biological safety cabinet market size, 2023 (US$M)
Global biological safety cabinet market share, by product, 2023 & 2030 (%, US$M)
Biological safety cabinet market: Opportunity assessment by country
Global biological safety cabinet market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 48.8 | 52.1 | 55.6 | 59.5 | 63.6 | 68.0 | 72.7 | 77.9 | 83.4 | 89.3 | 95.7 | 102.6 | 110.1 | 7.1% |
| Europe | 44.9 | 48.1 | 51.4 | 55.0 | 58.9 | 63.1 | 67.6 | 72.4 | 77.7 | 83.3 | 89.4 | 96.0 | 103.1 | 7.3% |
| Asia Pacific | 30.1 | 32.6 | 35.2 | 38.1 | 41.2 | 44.6 | 48.3 | 52.4 | 56.7 | 61.5 | 66.7 | 72.4 | 78.6 | 8.4% |
| Latin America | 17.1 | 18.4 | 19.8 | 21.3 | 22.9 | 24.7 | 26.6 | 28.7 | 30.9 | 33.4 | 36.0 | 38.9 | 42.1 | 7.9% |
| MEA | 7.3 | 7.8 | 8.5 | 9.2 | 9.9 | 10.7 | 11.6 | 12.5 | 13.6 | 14.7 | 15.9 | 17.2 | 18.7 | 8.3% |
| Overall | 148.1 | 158.9 | 170.5 | 183.0 | 196.5 | 211.0 | 226.8 | 243.8 | 262.3 | 282.2 | 303.8 | 327.1 | 352.4 | 7.6% |
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