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Global Biological Safety Cabinet Market to Grow at a CAGR of 7.02% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Biological Safety Cabinet Market 2016 - 2020” research report to their website www.MarketResearchReports.com

 

Lewes, DE -- (SBWIRE) -- 04/05/2016 -- Report forecast the global biological safety cabinet market to grow at a CAGR of 7.02% during the period 2016-2020.

Biological safety cabinets, or biosafety cabinets, are enclosed, ventilated laboratory workspaces that are designed to protect the laboratory workers, the experimental material, and the surrounding environment from harmful biological agents, contaminants, or other potentially hazardous materials. Biological safety cabinets allow laboratory workers to work safely with substances that may be contaminated with pathogens and require a defined biosafety level. There are several types of biological safety cabinets depending on the degree of the biocontainment (physical containment of pathogenic organisms or agents) required.

The report covers the present scenario and the growth prospects of the global biological safety cabinet market for the period 2016-2020. The market size was calculated from revenue generated from the sales of biological safety cabinets by the prominent vendors in this product category.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

According to the report, the rapid growth of the e-commerce industry has opened up a whole new world of opportunities for laboratory equipment manufacturers with respect to supply and expansion. This channel has largely contributed to the growth of the biological safety cabinet market with almost 35% of the global sales and orders of laboratory equipment coming through e-commerce retailers.

Further, the report states that the specific features of the product catering to a niche end-user market make it difficult for vendors to market these products on a wide scale. Unlike other testing equipment, brand and product visibility have a limited role in the sale of these devices.

Global Biological Safety Cabinet Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Biological Safety Cabinet Market: ESCO Technologies, LABCONCO, Polypipe, The Baker Company, and Thermo Fisher Scientific.

Other Prominent Vendors in the market are: ACMAS Technologies, AirClean Systems, Air Science, Azbil Telstar, Aztec Microflow, Bassaire, Cruma, Flow Sciences, Germfree, and Haldeman Homme.

Market driver
- Rapid market penetration of e-commerce
- For a full, detailed list, view our report

Market challenge
- Limited success of promotional activities
- For a full, detailed list, view our report

Market trend
- Widespread adoption of automation
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 63 pages and 24 Exhibit "Global Biological Safety Cabinet Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

For more information Visit at: http://www.marketresearchreports.com/technavio/global-biological-safety-cabinet-market%C2%A02016-2020

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