Saudi Arabia Biological Safety Cabinet Market Size & Outlook
Saudi Arabia biological safety cabinet market, 2018-2030 (US$M)
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Saudi Arabia biological safety cabinet market highlights
- The Saudi Arabia biological safety cabinet market generated a revenue of USD 2.0 million in 2023 and is expected to reach USD 3.5 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 8.7% 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 2.0 million |
| Market revenue in 2030 | USD 3.5 million |
| Growth rate | 8.7% (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, Saudi Arabia accounted for 0.9% 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 Middle East & Africa, South Africa biological safety cabinet market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 6.0 million by 2030.
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Biological Safety Cabinet Market Scope
Biological Safety Cabinet Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Saudi Arabia 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 65% in 2023. Horizon Databook has segmented the Saudi Arabia biological safety cabinet market based on class i, class ii, class iii covering the revenue growth of each sub-segment from 2018 to 2030.
Inadequate biosafety laboratories are anticipated to limit the market growth in the country as other than the 1 biosafety level 3 (BSL3) laboratory present in the academic institution, BSL-3/4 and animal BSL-3 (ABSL-3) facilities are lacking in the country.
The economic condition of South Africa is not completely stable therefore major health care systems are working on generating funding and promoting government initiatives.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia biological safety cabinet market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia biological safety cabinet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia biological safety cabinet market size, by product, 2018-2030 (US$M)
Saudi Arabia Biological Safety Cabinet Market Outlook Share, 2023 & 2030 (US$M)
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