Market Overview:
The Global Class III Microbiological Safety Cabinet Market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for safe and effective containment of microorganisms in various end-use applications such as hospitals, laboratories, and others. In addition, the growing awareness about safety and hygiene among consumers is also propelling the market growth. Based on type, the global Class III microbiological safety cabinet market is segmented into floor-standing cabinets, tabletop cabinets, and portable cabinets. Floor-standing cabinets are expected to hold a dominant share in terms of revenue during the forecast period owing to their large size and capacity compared with other types of microbiological safety cabinets. However, tabletop microbiological safety cabinet are projected to witness high growth rates due to their compact size that makes them ideal for small laboratories or work areas. Based on application, hospitals held a dominant share in 2017 owing to increasing number of hospital admissions coupled with rising concerns over hospital acquired infections (HAIs).
Product Definition:
A Class III Microbiological Safety Cabinet is a device that provides an environment in which microorganisms are not released into the air. It is important because it helps to prevent the spread of microorganisms.
Floor-standing:
Floor-standing, it's usage and growth factor in Class III Microbiological Safety Cabinet market is expected to witness significant growth over the forecast period. The floor-standing type of safety cabinets are used for housing various equipment such as Bunsen burners, air compressor, etc. These equipment generate a large amount of dust which can be harmful to the environment if not removed properly.
Tabletop:
The global tabletop and it's usage in Class III Microbiological Safety Cabinet market size was valued at USD 1.5 billion in 2016. The increasing demand for tabletop safety cabinets is attributed to the growing awareness regarding biosecurity among the population, especially after the recent outbreak of COVID-19 across the globe.
Tabletop safety cabinets are used to store infectious biological samples and medical waste that require a low level of containment during transportation and storage.
Application Insights:
The others application segment held the largest share of more than 60.0% in 2017. The other applications include industries, research laboratories and educational institutions. Increasing number of class III biobanks across the globe is one of the key factors driving this segment growth. For instance, as per European Bio-Informatic Archive (EBA), a total of 516 class III biobanks have been registered across Europe since 2012 till date which includes 456 national biobanks and 106 regional bio-informatatic centers (RBCs).
Hospital application accounted for a significant share in 2017 owing to rising awareness among healthcare providers regarding patient safety along with government initiatives such as FDA Safety & Innovation program to develop guidelines related to Class III biological safety cabinets for hospitals and healthcare settings.
Regional Analysis:
North America dominated the global class III microbiological safety cabinet market in 2017. This is due to the increasing number of product approvals by regulatory agencies for medical use, high healthcare expenditure and awareness about these cabinets. The U.S.
Asia Pacific region is expected to grow at a lucrative rate over the forecast period owing to factors such as improving healthcare infrastructure with an increase in government spending on pharmaceuticals.
Growth Factors:
- Increasing demand for Class III Microbiological Safety Cabinet from the pharmaceutical and biotechnology industries to meet the stringent regulatory requirements.
- Growing number of research and development activities in life sciences sector is expected to drive the demand for Class III Microbiological Safety Cabinet over the forecast period.
- Rising awareness about safety measures in laboratories is projected to boost the growth of Class III Microbiological Safety Cabinet market during the forecast period.
- Technologically advanced features offered by new products in this category is anticipated to fuel market growth during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Class III Microbiological Safety Cabinet Market Research Report
By Type
Floor-standing, Tabletop, Portable
By Application
Hospital, Labroary, Others
By Companies
Acmas Technologies, Cruma, Envair, ESCO, Germfree, Kojair Tech Oy, LAMSYSTEMS, Tecniplast
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
169
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Class III Microbiological Safety Cabinet Market Report Segments:
The global Class III Microbiological Safety Cabinet market is segmented on the basis of:
Types
Floor-standing, Tabletop, Portable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospital, Labroary, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Acmas Technologies
- Cruma
- Envair
- ESCO
- Germfree
- Kojair Tech Oy
- LAMSYSTEMS
- Tecniplast
Highlights of The Class III Microbiological Safety Cabinet Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Floor-standing
- Tabletop
- Portable
- By Application:
- Hospital
- Labroary
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Class III Microbiological Safety Cabinet Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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- Business Expansion Strategies
- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Class III Microbiological Safety Cabinet is a cabinet that is used to store and protect potentially hazardous materials from contamination by microorganisms.
Some of the key players operating in the class iii microbiological safety cabinet market are Acmas Technologies, Cruma, Envair, ESCO, Germfree, Kojair Tech Oy, LAMSYSTEMS, Tecniplast.
The class iii microbiological safety cabinet market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Class III Microbiological Safety Cabinet Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Class III Microbiological Safety Cabinet Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Class III Microbiological Safety Cabinet Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Class III Microbiological Safety Cabinet Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Class III Microbiological Safety Cabinet Market Size & Forecast, 2020-2028
4.5.1 Class III Microbiological Safety Cabinet Market Size and Y-o-Y Growth
4.5.2 Class III Microbiological Safety Cabinet Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Floor-standing
5.2.2 Tabletop
5.2.3 Portable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Labroary
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Class III Microbiological Safety Cabinet Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Class III Microbiological Safety Cabinet Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Floor-standing
9.6.2 Tabletop
9.6.3 Portable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Labroary
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Floor-standing
10.6.2 Tabletop
10.6.3 Portable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Labroary
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Floor-standing
11.6.2 Tabletop
11.6.3 Portable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Labroary
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Floor-standing
12.6.2 Tabletop
12.6.3 Portable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Labroary
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Floor-standing
13.6.2 Tabletop
13.6.3 Portable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Labroary
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Class III Microbiological Safety Cabinet Market: Competitive Dashboard
14.2 Global Class III Microbiological Safety Cabinet Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Acmas Technologies
14.3.2 Cruma
14.3.3 Envair
14.3.4 ESCO
14.3.5 Germfree
14.3.6 Kojair Tech Oy
14.3.7 LAMSYSTEMS
14.3.8 Tecniplast
