Global Laboratory Safety Cabinets Market Will Grow at a CAGR 6.0% and Reach USD 200 Million by 2023, from USD 140 Million in 2017
New Global Laboratory Safety Cabinets Market 2023 Report Covers market forecast and top Companies like ESCO, Thermo Fisher Scientific Inc, AIRTECH, Telstar Life-Sciences, NuAire (Polypipe) and others.
Lewes, DE -- (SBWire) -- 11/07/2018 --Global Laboratory Safety Cabinets market will register a 6.0% CAGR in terms of revenue, reach US$ 200 million by 2023, from US$ 140 million in 2017.
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.
Over the next five years, Study projects that Laboratory Safety Cabinets will register a 6.0% CAGR in terms of revenue, reach US$ 200 million by 2023, from US$ 140 million in 2017.
This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
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
Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)
Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Class I Biological Safety Cabinets
Class II Biological Safety Cabinets
Class III Biological Safety Cabinet
Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Pharmaceutical factory
Hospital
Disease Prevention and Control
Academic Research
Others (Food Inspection Station, Chemical etc.)
Spanning over 145 pages "Forecast of Global Laboratory Safety Cabinets Market 2023" report covers Laboratory Safety Cabinets Market Overview, Global Laboratory Safety Cabinets Sales, Revenue (Value) and Market Share by Players, Global Laboratory Safety Cabinets Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Laboratory Safety Cabinets Sales, Revenue and Price, Europe Top 5 Players Laboratory Safety Cabinets Sales, Revenue and Price, Asia-Pacific Top 5 Players Laboratory Safety Cabinets Sales, Revenue and Price, South America Top 5 Players Laboratory Safety Cabinets Sales, Revenue and Price, Middle East & Africa Top 5 Players Laboratory Safety Cabinets Sales, Revenue and Price, Global Laboratory Safety Cabinets Players Profiles/Analysis, Global Laboratory Safety Cabinets Market Forecast (2018-2023), Laboratory Safety Cabinets Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.
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