Thailand Biological Safety Cabinet Market Size & Outlook
Thailand biological safety cabinet market, 2018-2030 (US$M)
Related Markets
Thailand biological safety cabinet market highlights
- The Thailand biological safety cabinet market generated a revenue of USD 0.6 million in 2023 and is expected to reach USD 1.0 million by 2030.
- The Thailand market is expected to grow at a CAGR of 7.2% from 2024 to 2030.
- In terms of segment, class ii was the largest revenue generating product in 2023.
- Class II 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 0.6 million |
| Market revenue in 2030 | USD 1.0 million |
| Growth rate | 7.2% (CAGR from 2023 to 2030) |
| Largest segment | Class ii |
| Fastest growing segment | Class II |
| 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, Thailand accounted for 0.3% 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 Scope
Biological Safety Cabinet Market Companies
| Name | Profile | # Employees | HQ | Website |
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Thailand 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 Thailand biological safety cabinet market based on class i, class ii, class iii covering the revenue growth of each sub-segment from 2018 to 2030.
The high prevalence of infectious diseases is anticipated to increase the demand for diagnostic and testing equipment and related biosafety infrastructure, thus, facilitating the market growth. For instance, according to the Worldometer, as of 20 April 2020, the country had 2,792 cases of COVID-19 and nearly 47 deaths were caused by it.
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Horizon Databook provides a detailed overview of country-level data and insights on the Thailand biological safety cabinet market , including forecasts for subscribers. This country databook contains high-level insights into Thailand biological safety cabinet market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Thailand biological safety cabinet market size, by product, 2018-2030 (US$M)
Thailand Biological Safety Cabinet Market Outlook Share, 2023 & 2030 (US$M)
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