Asia Pacific Biological Safety Cabinet Market Size & Outlook
Asia Pacific biological safety cabinet market, 2018-2030 (US$M)
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Asia Pacific biological safety cabinet market highlights
- The Asia Pacific biological safety cabinet market generated a revenue of USD 44.6 million in 2023.
- The market is expected to grow at a CAGR of 8.4% from 2024 to 2030.
- In terms of segment, class ii was the largest revenue generating product in 2023.
- Class I is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Japan is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 44.6 million |
| Market revenue in 2030 | USD 78.6 million |
| Growth rate | 8.4% (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 |
| Key market players worldwide | Thermo Fisher Scientific Inc, Nuaire, Labconco, The Baker Company, Azbil Corp, Biobase Group, Germfree Laboratories Inc, Air Science, Haier Biomedical |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 21.1% of the global biological safety cabinet market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 78.6 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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Asia Pacific 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 64.57% in 2023. Horizon Databook has segmented the Asia Pacific biological safety cabinet market based on class i, class ii, class iii covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific biological safety cabinets market is expected to witness the fastest growth over the forecast period. The emerging economies of Asian countries are a major factor contributing to the growth of this region. Ongoing studies in drug discovery, private-public collaborations, and government initiatives are some of the other factors likely to propel the growth of Asian biological safety cabinets market.
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Target buyers of Asia Pacific biological safety cabinet market databook
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Our clientele includes a mix of biological safety cabinet market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific biological safety cabinet market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific biological safety cabinet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific biological safety cabinet market size, by country, 2018-2030 (US$M)
Asia Pacific Biological Safety Cabinet Market Outlook Share, 2023 & 2030 (US$M)
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