Market Research Report
North America Biosafety Cabinets Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type ; End Users, and Country
|Published by||The Insight Partners||Product code||979159|
|Published||Content info||96 Pages
Delivery time: 1-2 business days
|North America Biosafety Cabinets Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type ; End Users, and Country|
|Published: November 17, 2020||Content info: 96 Pages||
Biosafety Cabinets are efficient devices that are used for controlling the contamination in laboratories dealing with infectious agents. Theses act as a primary barrier for restricting the escape of biological aerosols in the lab environment. The biosafety cabinets are broadly classified in three types that include class I cabinets, class II cabinets and class III cabinets. There are specific regulations and guidelines imposed by the medical ruling authorities in each region that recommends the use of appropriate type of biosafety cabinet to carry out protocols based on the levels of risk involved.
Market Overview and Dynamics
The North Americabiosafety cabinets market is projectedto reach US$ 147.31 millionby2027 from US$ 76.62 millionin 2019. The market is anticipated to grow with a CAGR of 8.5% from 2020 to 2027. Factors driving the market growth include increasing research activities, accelerating drug & vaccines production due to considerable prevalence of infectious diseases, and increasing number of product launches. However, the high cost involved in the installation and maintenance of biosafety cabinetsis likely to have a negative impact on the market growth.
Key Market Segments
Based ontype, the class II type segment accounted for a largershare ofthe North Americabiosafety cabinets market in 2019. In terms of end user, the pharmaceutical and biopharmaceutical companies segment held a largershare of the biosafety cabinets market in North America.
Major Sources and Companies Listed
A few major primary and secondary sources referred towhile preparing the North Americabiosafety cabinets market report are World Health Organization, Ministry of Health and Prevention, and Ministry of Health and Family Welfare.
NORTH AMERICABIOSAFETY CABINETS MARKET SEGMENTATION
By End User
Diagnostic and Testing Laboratories
Academic and Research Institutions
Pharmaceutical and Biopharmaceutical Companies
Other End Users
Esco Group of Companies
Thermo Fisher Scientific Inc.
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