The Europe biosafety cabinets market is expected to reach US$ 89.30 million by 2027 from US$ 48.92 million in 2019. The market is estimated to grow at a CAGR of 7.8%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 limits the growth of market in this region.
The Europe biosafety cabinets market is expected to witness significant growth during the forecast period. An expansion of research and development activities due to huge investments by private players and government authorities and rising technological developments in biosafety cabinets. In addition, rising demand for advanced protective equipment for researchers is also anticipated to offer lucrative opportunity for the Europe biosafety cabinets market during the forecast period.
Germany is among the major countries in the biosafety cabinets market in this region. The growth of Germany biosafety cabinets marketis prominently attributed to increasing awareness of the products in the country and robust research infrastructure. Additionally, rapid technological innovations and collaborations are boosting the biosafety cabinets market growth in the country.
Europe Biosafety Cabinets Market Revenue and Forecast to 2027 (US$ Million)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Europe 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
- Germany
- UK
- France
- Italy
- Spain
- Rest of Europe
Company Profiles
- Esco Group of Companies
- Thermo Fisher Scientific Inc.
- Azbil Telstar
- Baker
- NuAire Inc.
Europe Biosafety Cabinets Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 48.92 Million |
| Market Size by 2027 | US$ 89.30 Million |
| CAGR (2020 - 2027) | 7.8% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | Europe
|
| Market leaders and key company profiles |
|
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Regional, Country
- Industry and Competitive Landscape
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