Market revenue in 2023 | USD 1.5 million |
Market revenue in 2030 | USD 2.5 million |
Growth rate | 7.5% (CAGR from 2023 to 2030) |
Largest segment | Class ii |
Fastest growing segment | Class I |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 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 |
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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.
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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