Laminar Airflow Cabinets Market

Executive Summary

Laminar Airflow Cabinets Market was valued at US $1,130.03 million in 2021 and is projected to grow at 5.37% CAGR over the forecast period to reach US $1,547.03 million by 2027. Laminar Airflow Cabinets Market represented US $112.33 million opportunity over 2019-2021 and estimated to create US $416.99 million opportunity in 2027 over 2021.

Laminar Airflow Cabinets from Consainsights analyses the Laminar Airflow Cabinets Market in the Life Sciences industry over the forecast period to 2027.

Laminar Airflow Cabinets research report from Consainsights outlines the detailed strategic analysis, trends, market opportunities, growth prospects, industry and market challenges and sustainable solutions to sustain in the competitive environment.

Laminar Airflow Cabinets segmentation includes Type, End User and Geography.

Based on the Type, the Laminar Airflow Cabinets analysis covers Vertical Laminar Airflow Cabinets, Horizontal Laminar Airflow Cabinets.

In Type segment, Horizontal Laminar Airflow Cabinets segment has highest cagr growth of 4.76%.

Based on the End User, the Laminar Airflow Cabinets analysis covers Hospitals and Diagnostics Centers, Pharmaceutical and Biotechnology Industry, Other End Users.

In End User segment, Hospitals and Diagnostics Centers segment has highest cagr growth of 4.76%.

Based on the region, the Laminar Airflow Cabinets analysis covers North America, Europe, Asia-Pacific, Middle-East & Africa, Latin America.

Key companies operating in the market include Telstar (Azbil Corporation), Esco Micro Pte. Ltd, ThermoFisher Scientific, Biobase Group, Lamsystems, Airclean Systems, Allentown Inc., Kimberly-Clark Corporation, Labconco Corporation, NuAire and so on. This report covers the detailed analysis of the company profiles such as business segments, product portfolio, key brand insights and growth strategies adopted, company SWOT and Strategy analysis along with the financial analysis and analyst insights on the key companies operating in this market.

Market Overview

Definition & Scope

The base currency considered was the US Dollar (USD). Conversion of other currencies to USD was considered on the basis of the average exchange rate for the respective review-period years. The exchange rate conversion for forecast period was determined according to the base year’s conversion rates.

The base year was identified based on the availability of annual reports and secondary information. The base year considered for this study is 2027.

The review period considered for this study is from 2018-2027. The CAGR is for the forecast period, 2022-2027.

Market size estimations for the forecast years were in real terms. Inflation is not part of the pricing, and the average selling price (ASP) was kept constant throughout the forecast period for each country.

Distribution of primary interviews conducted was based on the regional share of the market and the presence of key players in each region.

As a result of data triangulation through multiple methodologies and approaches, the weighted averages of resulting estimates were considered to be the final values.

Currency, Year & Forecast

The currency used in this report is USD, with the market size indicated in terms of USD million/billion.

For companies reporting their revenues in USD, the revenues were taken from their respective annual reports/SEC filings.

For companies reporting their revenues in other currencies, the average annual currency conversion rates were used for a particular year to convert the value to USD Market Definition.

Type

Introduction

In 2021, Vertical Laminar Airflow Cabinets segment has the highest revenue of US $784.03 million and is expected to grow at CAGR of 4.76% by 2027 Horizontal Laminar Airflow Cabinets segment has highest cagr growth of 4.76%.

Vertical Laminar Airflow Cabinets

Vertical Laminar Airflow Cabinets segment was valued at US $706.10 million in 2019 and is projected to grow at 4.76% CAGR over the forecast period to reach US $1,073.35 million by 2027. Vertical Laminar Airflow Cabinets segment represented US $77.93 million opportunity over 2019-2021 and estimated to create US $289.32 million opportunity in 2027 over 2021.

Horizontal Laminar Airflow Cabinets

Horizontal Laminar Airflow Cabinets segment was valued at US $311.61 million in 2019 and is projected to grow at 4.76% CAGR over the forecast period to reach US $473.68 million by 2027. Horizontal Laminar Airflow Cabinets segment represented US $34.39 million opportunity over 2019-2021 and estimated to create US $127.68 million opportunity in 2027 over 2021.

End User

Introduction

In 2021, Hospitals and Diagnostics Centers segment has the highest revenue of US $563.93 million and is expected to grow at CAGR of 4.76% by 2027 Hospitals and Diagnostics Centers segment has highest cagr growth of 4.76%.

Hospitals and Diagnostics Centers

Hospitals and Diagnostics Centers segment was valued at US $507.88 million in 2019 and is projected to grow at 4.76% CAGR over the forecast period to reach US $772.03 million by 2027. Hospitals and Diagnostics Centers segment represented US $56.06 million opportunity over 2019-2021 and estimated to create US $208.10 million opportunity in 2027 over 2021.

Pharmaceutical and Biotechnology Industry

Pharmaceutical and Biotechnology Industry segment was valued at US $264.70 million in 2019 and is projected to grow at 4.76% CAGR over the forecast period to reach US $402.37 million by 2027. Pharmaceutical and Biotechnology Industry segment represented US $29.22 million opportunity over 2019-2021 and estimated to create US $108.46 million opportunity in 2027 over 2021.

Other End Users

Other End Users segment was valued at US $245.13 million in 2019 and is projected to grow at 4.76% CAGR over the forecast period to reach US $372.62 million by 2027. Other End Users segment represented US $27.06 million opportunity over 2019-2021 and estimated to create US $100.44 million opportunity in 2027 over 2021.