Class IIType SegmenttoWitnessHigher CAGRduringForecast Period

According to the latest report on “Middle East and Africa Biosafety Cabinets Market Forecast to 2027 – COVID-19 Impact and Analysis – Type and End Users,”the market was valued at US$ 7.73 million in 2019 and is projectedto reach US$ 13.30 millionby2027; it is expected to grow at a CAGR of 7.0%during 2020–2027. The report highlights trends prevailing in the Middle East and Africa biosafety cabinets marketand the factors driving market along with those that act as hindrances.

Based on type, the Middle East and Africa biosafety cabinets marketis segmented into class I, class II, and class III. In 2019, the class II type segment held a largershare of the market. Also, the same segment is expected to grow at a fasterrate duringthe forecast period.

The growth of the Middle East and Africa biosafety cabinets marketis attributed to the developing research and infrastructure facilities in the region and increasing awareness about benefits provided by biosafety cabinets. Moreover, growing investments for research and development as well as for vaccines development are estimated to offer lucrative opportunity for the Middle East and Africa biosafety cabinets market during the forecast period. 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 coronavirus infection is expected to have negative impact on the Middle East and Africa biosafety cabinets market. Certain factors such as disrupted supply chain operations, dependency on developed countries, and limited adoption of the equipment is estimated to restrict the growth of biosafety cabinets market in the region.

Esco Group of Companies, Thermo Fisher Scientific Inc., Azbil Telstar, Baker, and NuAire Inc. are among the leading companies operating in the Middle East and Africa biosafety cabinets market.

Middle East and Africa Biosafety Cabinets Market, By Region, 2019 (%)

The report segments Middle East and Africa Biosafety Cabinets Marketas follows:

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

• Saudi Arabia
• South Africa
• UAE
• Rest of Middle East and Africa