Biological Safety Cabinet Market size is poised to cross USD 4 Billion by the end of 2035, growing at a CAGR of 10.40% during the forecast period, i.e., 2023 – 2035. In the year 2022, the industry size of biological safety cabinet was USD 1 Billion. The BSC market is a rapidly growing sector within the life sciences industry. Biological Safety Cabinets are used in various applications such as research and development, clinical testing, and manufacturing. These cabinets are designed to provide a safe and controlled environment for handling biological materials and preventing the spread of infectious agents. The regulatory bodies have imposed strict guidelines and regulations for laboratory safety, which mandate the use of biological safety cabinets.
The biological safety cabinet market is expected to grow significantly in the coming years owing to the increasing demand for safe laboratory practices, the growth of the biotechnology and pharmaceutical industries, and increasing research activities in the fields of microbiology and genetics. Additionally, the COVID-19 pandemic has further increased the demand for biosafety cabinets, as they are essential in preventing the spread of infectious diseases. The rising incidence of infectious diseases such as COVID-19 has led to an increase in the demand for biosafety cabinets. According to the World Health Organization (WHO), there were over 172 million confirmed cases of COVID-19 globally as of May 2021.
Base Year |
2022 |
Forecast Year |
2023-2035 |
CAGR |
~10.40% |
Base Year Market Size (2023) |
~ USD 1 Billion |
Forecast Year Market Size (2035) |
~ USD 4 Billion |
Regional Scope |
|
Growth Drivers
Challenges
End User (Pharma & Biopharma Companies, Hospitals, and Diagnostics & Testing Laboratories)
The hospital segment is estimated to hold 35% share of the global biological safety cabinet market by 2035. This growth is attributed to the large number of patients present in hospital facilities for treatment. The number of hospitals is also notably growing. For instance, by the year 2022, there were noted to be approximately 6,100 hospitals in the United States. Hospitals provide a wide range of medical care. Physicians, called hospital doctors, typically specialize in internal medicine, pediatrics, or general practice. They have the knowledge to solve common problems and the resources to solve more complex medical problems. Hospitals may also offer specialized care, such as neurology, obstetrics and gynecology, and oncology. By definition of a hospital, a county hospital is typically a primary medical facility in a region with numerous intensive care and mobile beds for patients requiring long-term care.
Application (Industrial, R & D, Academic)
The industrial segment is expected to garner a significant share of around 30% in the year 2035. The growth of the segment can be accredited to the increasing demand for biopharmaceuticals in the industry. The global demand for biopharmaceuticals is increasing rapidly, and this is driving the growth of the industrial segment in the biological safety cabinet market. Biopharmaceuticals are produced using living cells, which require a sterile and controlled environment to ensure their safety and efficacy. Biological safety cabinets provide an essential tool for maintaining this environment, and the increasing demand for biopharmaceuticals is driving the demand for biological safety cabinets. The biopharmaceutical industry is subject to strict regulatory guidelines, and compliance with these guidelines is critical for the safety and efficacy of biopharmaceutical products. Biological safety cabinets are an essential tool for maintaining the required levels of sterility and safety, and their use is mandated by regulatory bodies such as the FDA and EMA. The stringent regulatory guidelines are driving the demand for biological safety cabinets in the industrial segment. The industrial segment is investing heavily in research and development to drive innovation and growth. Biological safety cabinets are an essential tool for R&D activities, providing a safe and controlled environment for the development and testing of new products. As companies continue to invest in R&D, the demand for biological safety cabinets is expected to increase.
Our in-depth analysis of the global market includes the following segments:
By End User |
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By Application |
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Asia Pacific Market Statistics
The biological safety cabinets in the Asia Pacific is projected to hold the largest revenue share of about 35% by the end of 2035. The regional growth can majorly be attributed to the increasing investment in life sciences research in the region. The Asia Pacific region is experiencing rapid growth in life sciences research, driven by government investments and private sector initiatives. This growth is creating a demand for advanced laboratory equipment, including biological safety cabinets, to support research activities. The Asia Pacific region has seen an increase in awareness about laboratory safety in recent years, with governments and industry bodies promoting best practices in laboratory safety. This has led to an increased demand for biological safety cabinets to ensure the safety of laboratory workers and maintain the integrity of research. The Asia Pacific Biosafety Association (APBA) is a regional organization that promotes biosafety and biosecurity awareness in the Asia Pacific region. The APBA has over 1,000 members from 20 countries in the region, which is a testament to the increasing awareness about laboratory safety in the region.
North American Market Statistics
The North America biological safety cabinet market is anticipated to hold around 24% of the revenue share by 2035. The growth of the market in this region can primarily be attributed to the increasing focus on biosafety in the region. There is a growing focus on biosafety in the North America region, driven by the increasing incidence of infectious diseases and biosecurity threats. This is leading to an increased demand for biological safety cabinets to ensure the safety of laboratory workers and prevent the spread of infectious diseases. The North America region has some of the most stringent regulations related to laboratory safety, which is driving the demand for biological safety cabinets. The Occupational Safety and Health Administration (OSHA) and the National Institutes of Health (NIH) have set strict guidelines for laboratory safety, which include the use of biological safety cabinets. The North America region is home to some of the world's largest manufacturers of laboratory equipment, including biological safety cabinets. The presence of these key market players is driving the growth of the market in the region.
Author Credits: Radhika Gupta, Shivam Bhutani
Ans: Increasing demand for safe laboratory practices is the major factor driving the market growth.
Ans: The market size of biological safety cabinets is anticipated to attain a CAGR of ~10.40% over the forecast period, i.e., 2023 – 2035.
Ans: The major players in the market are The Baker Company, Inc., Kewaunee Scientific Corporation, BIOBASE Group, Germfree Laboratories Inc., Azbil Telstar, S.L., Erlab Group, and others.
Ans: The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue generating capacity as well as the new products being launched into the market by the company.
Ans: The market is segmented by application, end user, and region.
Ans: The hospital segment is anticipated to garner the largest market size by the end of 2035 and display significant growth opportunities.
Ans: The dearth of skilled professionals is estimated to be the growth hindering factor for the market expansion.
Ans: The market in the Asia Pacific region is projected to hold the largest market share by the end of 2035 and provide more business opportunities in the future.
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