Global Laboratory Safety Cabinets Market Is Projected to Reach 210 Million US$ by 2025
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Los Angeles, CA -- (SBWire) -- 01/17/2019 --This report presents the worldwide Laboratory Safety Cabinets market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Laboratory Safety Cabinets in this report specifically refers to Biological safety cabinets (BSCs). Biological safety cabinets (BSCs) are designed to protect the operator, the laboratory environment and work materials from exposure to infectious aerosols and splashes that may be generated when manipulating materials containing infectious agents, such as primary cultures, stocks and diagnostic specimens BSCs, when properly used, have been shown to be highly effective in reducing laboratory acquired infections and cross-contaminations of cultures due to aerosol exposures. The Biological Cabinets divide to 3 classes: Class I biological safety cabinet, Class II biological safety cabinets, Class III biological safety cabinet.
North America is expected to exceed USD 41.40 million by 2016, at a CAGR of over 8.39% from 2011 to 2016. Asia is estimated to be the largest market for Laboratory Safety Cabinets in 2016, with China expected to lead the market in terms of growth rate from 2011 to 2016.
The two largest player account for about 29.11 % of total industry production value in 2015. Key market players include ESCO, Thermo Fisher Scientific Inc, AIRTECH, Telstar Life-Sciences, NuAire (Polypipe), The Baker Company, Kewaunee Scientific, Heal Force Bio-Meditech, BIOBASE, Donglian Har Instrument, and Labconco among others.
The market is not only influenced by the price, but also influenced by the product performance. Although China Biological Safety Cabinet companies have price advantage, the application is narrow to some extent due to the poor manufacture processing, cheap raw material and less diversity of products. The leading companies own the advantages on better performance, more abundant product's types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing.
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The Laboratory Safety Cabinets market was valued at 140 Million US$ in 2017 and is projected to reach 210 Million US$ by 2025, at a CAGR of 4.8% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Laboratory Safety Cabinets.
The following manufacturers are covered in this report:
ESCO
Thermo Fisher Scientific Inc
AIRTECH
Telstar Life-Sciences
NuAire (Polypipe)
The Baker Company
Kewaunee Scientific
Heal Force Bio-Meditech
BIOBASE
Donglian Har Instrument
Labconco
Laboratory Safety Cabinets Breakdown Data by Type
Class I Biological Safety Cabinets
Class II Biological Safety Cabinets
Class III Biological Safety Cabinet
Laboratory Safety Cabinets Breakdown Data by Application
Pharmaceutical factory
Hospital
Disease Prevention and Control
Academic Research
Others (Food Inspection Station, Chemical etc.)
Laboratory Safety Cabinets Production by Region
United States
Europe
China
Japan
Other Regions
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