Germany Biological Safety Cabinet Market Size & Outlook
Germany biological safety cabinet market, 2018-2030 (US$M)
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Germany biological safety cabinet market highlights
- The Germany biological safety cabinet market generated a revenue of USD 14.2 million in 2023 and is expected to reach USD 24.9 million by 2030.
- The Germany 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.
Biological safety cabinet market data book summary
| Market revenue in 2023 | USD 14.2 million |
| Market revenue in 2030 | USD 24.9 million |
| Growth rate | 8.4% (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 |
Other key industry trends
- In terms of revenue, Germany accounted for 6.7% 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 Europe, Germany biological safety cabinet market is projected to lead the regional market in terms of revenue in 2030.
- Sweden is the fastest growing regional market in Europe and is projected to reach USD 6.8 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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Germany 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 64.79% in 2023. Horizon Databook has segmented the Germany biological safety cabinet market based on class i, class ii, class iii covering the revenue growth of each sub-segment from 2018 to 2030.
In the Germany, biosafety is regulated as per the Gesetz zur Regelung der Gentechnik. and Zentrale Kommission für die Biologische Sicherheit laws. As of early 2020, the country had 13,979 COVID infections and nearly 50,000 inhabitants were being tested each day for the same by the private laboratories. The high number of infections coupled with the testing rate is anticipated to increase the demand for biosafety products and devices.
The Robert Koch Institute constructed a Biosafety Level (BSL-4) laboratory around 2015. The laboratory is estimated to contain nearly 8 biosafety cabinets and was expected to initiate work with RG4 pathogens from March 2018.Development of such facilities is anticipated to facilitate the market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the Germany biological safety cabinet market , including forecasts for subscribers. This country databook contains high-level insights into Germany biological safety cabinet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Germany biological safety cabinet market size, by product, 2018-2030 (US$M)
Germany Biological Safety Cabinet Market Outlook Share, 2023 & 2030 (US$M)
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