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Biological Safety Cabinets Market: Witness Industry Innovative Growth With SWOT Analysis and Forecast 2022-2028 | Erlab, Baker, Thermo Fisher Scientific, Polypipe, Labconco,

06-09-2022 12:35 PM CET | Health & Medicine

Press release from: Coherent Market Insights

Biological Safety Cabinets

Biological Safety Cabinets

Biological Safety Cabinets Market is set to have a big bull run in terms of revenues with growing adoption in R&D activities to avoid virus transmissions

Overview

Biological safety cabinets come in different classes depending on the level of biosafety and containment required. Class I cabinets are suitable for most work involving microbiological agents, while Class II cabinets are suitable for lower levels of biosafety. It is also an excellent environmental control measure. Biological safety cabinets are an important element of biosafety in clinical laboratories and research facilities. They protect people, products, and the environment. These biosafety cabinets also provide a hygienic environment. Biological Safety Cabinets (BSCs) are made to protect workers and the environment from contaminated air. The most common BSC is the Class II Type A2 unit. It features an open front, a laminar HEPA filter, and an exhaust duct. Class II biosafety cabinets recirculate approximately 70% of the air, while Class II B2 units exhaust 100% of the air. Biological Safety Cabinets with the B2 exhaust system are NSF/ANSI 49-certified and able to toggle between the A1 and B2 configurations.

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Competitive Landscape

Major companies contributing to the global biological safety cabinets market include Labconco, Polypipe, Thermo Fisher Scientific, Baker, Erlab, Azbil Telstar, Germfree, Cruma, AirClean Systems, and ACMAS Technologies.

Drivers

Growing demand from the healthcare and pharmaceutical sectors in the wake of the increasing risk of virus transmission is expected to propel the growth of the biological safety cabinets market throughout the forecast period.

In addition to this, increasing R&D activities across the biopharmaceutical sector to develop novel drugs is expected to further cushion the growth of the biological safety cabinets market over the forecast period.

Summary of the COVID-19 Aftermath

The emergence of the COVID-19 virus has created a roadblock in the global biological safety cabinets market. Several goods' development, approval, and launch have been stopped due to pandemic-related constraints. Furthermore, cancellation of foreign shipments as a result of cross-country travel prohibitions had a negative impact on the market in the second quarter of 2020. With the removal of lockdowns, the market is experiencing a resurgence.

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Key Takeaways

• The global biological safety cabinets market is anticipated to grow at a forecast period owing to the increasing incidences of virus outbreaks in parallel to the rising investments in research activities for biosimilar development. For instance, in April 2022, Lonza Group AG, a Swiss pharmaceutical major, launched the Cocoon® Platform, a bioprocessor developed to enable the scale-up of CAR T-cell products and reduce clinical costs.

• By expanding the horizons, the European region is projected to dominate the global biological safety cabinets market on the heels of an increasing approval rate for biosimilar insulin products by regulatory authorities amidst growing cases of diabetes.

• In line with this, the sales graph in the North American region is projected to exceed expectations as a result of increasing awareness of chronic diseases, rising expenditure in the healthcare sector, and a large patient pool.

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About US:

Coherent Market Insights is a global market intelligence and consulting organization that provides syndicated research reports, customized research reports, and consulting services. We are known for our actionable insights and authentic reports in various domains including aerospace and defense, agriculture, food and beverages, automotive, chemicals and materials, and virtually all domains and an exhaustive list of sub-domains under the sun. We create value for clients through our highly reliable and accurate reports. We are also committed in playing a leading role in offering insights in various sectors post-COVID-19 and continue to deliver measurable, sustainable results for our clients.

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