Asia Pacific Biosafety Cabinets Market Key Players and Forecast by 2027

The Asia Pacific biosafety cabinets market is expected to reach US$ 52.79 million by 2027 from US$ 27.16 million in 2019. The market is estimated to grow at a CAGR of 8.7% from 2020 to 2027.

The growth of the market is attributed to the rising research and development activities coupled with rising technological advancements in biosafety cabinets. However, the high cost involved in the installation and maintenance of biosafety cabinets is likely to have a negative impact on the market growth.

The Asia Pacific biosafety cabinets market is expected to witness significant growth during the forecast period. An increasing awareness of biosafety cabinets and developing research infrastructure. Moreover, growing investments for research and development as well as for vaccines development are estimated to offer lucrative opportunity for the Asia Pacific biosafety cabinets market during the forecast period.

Japan is among the major countries in the biosafety cabinets market in this region. The growth of Japan biosafety cabinets market is prominently attributed to availability of prominent market players, awareness about the benefits offered by biosafety cabinets, and robust research infrastructure. Additionally, rapid technological innovations and collaborations are boosting the biosafety cabinets market growth in the country.

Asia Pacific Biosafety Cabinets Market Revenue and Forecast to 2027 (US$ Million)

Asia Pacific Biosafety Cabinets Market Segmentation

By Type

• Class I
• Class II
• Class III

By End User

• Diagnostic and Testing Laboratories
• Academic and Research Institutions
• Pharmaceutical and Biopharmaceutical Companies
• Other End Users  

By Country

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia Pacific

Company Profiles

• Esco Group of Companies
• Thermo Fisher Scientific Inc.
• Azbil Telstar
• Baker
• NuAire Inc. 

Asia Pacific Biosafety Cabinets Report Scope