Australia Biological Safety Cabinet Market Size & Outlook

The biological safety cabinet market in Australia is expected to reach a projected revenue of US$ 2.5 million by 2030. A compound annual growth rate of 7.5% is expected of Australia biological safety cabinet market from 2024 to 2030.
Revenue, 2023 (US$M)
$1.5
Forecast, 2030 (US$M)
$2.5
CAGR, 2024 - 2030
7.6%
Report Coverage
Australia

Australia biological safety cabinet market, 2018-2030 (US$M)

Australia

Australia biological safety cabinet market highlights

  • The Australia biological safety cabinet market generated a revenue of USD 1.5 million in 2023 and is expected to reach USD 2.5 million by 2030.
  • The Australia market is expected to grow at a CAGR of 7.5% 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.


Biological safety cabinet market data book summary

Market revenue in 2023USD 1.5 million
Market revenue in 2030USD 2.5 million
Growth rate7.5% (CAGR from 2023 to 2030)
Largest segmentClass ii
Fastest growing segmentClass I
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationClass I, Class II, Class III
Key market players worldwideThermo 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, Australia accounted for 0.7% of the global biological safety cabinet market in 2023.
  • Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
  • In Asia Pacific, China biological safety cabinet market is projected to lead the regional market in terms of revenue in 2030.
  • Japan is the fastest growing regional market in Asia Pacific and is projected to reach USD 21.5 million by 2030.

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Biological Safety Cabinet Market Companies

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Australia 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 66.67% in 2023. Horizon Databook has segmented the Australia biological safety cabinet market based on class i, class ii, class iii covering the revenue growth of each sub-segment from 2018 to 2030.


According to a study published in the Revue scientifique et technique (International Office of Epizootics), Australia has nearly 1 BSL4 laboratory and more than 40 BSL-3 labs. The presence of these labs is anticipated to facilitate the market growth.

Supportive research activities undertaken in the country are anticipated to favor market growth. For instance, the Commonwealth Scientific and Industrial Research Organisation (CSIRO) is expected to undertake the pre-clinical trials for development of vaccine against corona virus.

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Horizon Databook provides a detailed overview of country-level data and insights on the Australia biological safety cabinet market , including forecasts for subscribers. This country databook contains high-level insights into Australia biological safety cabinet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Australia biological safety cabinet market size, by product, 2018-2030 (US$M)

Australia Biological Safety Cabinet Market Outlook Share, 2023 & 2030 (US$M)

Australia biological safety cabinet market size, by product, 2018-2030 (US$M)

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