North America Biological Safety Cabinet Market Size & Outlook
North America biological safety cabinet market, 2018-2030 (US$M)
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North America biological safety cabinet market highlights
- The North America biological safety cabinet market generated a revenue of USD 68.0 million in 2023.
- The market is expected to grow at a CAGR of 7.1% 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, U.S. is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 68.0 million |
| Market revenue in 2030 | USD 110.1 million |
| Growth rate | 7.1% (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, North America region accounted for 32.2% 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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North America 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 64.56% in 2023. Horizon Databook has segmented the North America biological safety cabinet market based on class i, class ii, class iii covering the revenue growth of each sub-segment from 2018 to 2030.
North America dominated the biological safety cabinets market owing to local presence of major players that are involved in intensive investigation of new drug candidates against various diseases. Moreover, increase in disease-related morbidity and mortality has led to the discovery of more biologics, thereby driving the growth in this region.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America biological safety cabinet market , including forecasts for subscribers. This continent databook contains high-level insights into North America biological safety cabinet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America biological safety cabinet market size, by country, 2018-2030 (US$M)
North America Biological Safety Cabinet Market Outlook Share, 2023 & 2030 (US$M)
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