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LABORATORY FUME HOOD MARKET ANALYSIS

Laboratory Fume Hood Market, by Product Type (Ducted Fume Hoods and Ductless Fume Hoods), by Design (Perchloric Acid Fume Hoods, Radioisotope Fume Hoods and Others), by End User (Pharmaceutical & Biotechnology Companies, Hospitals, Diagnostic Laboratories, and Academic & Research Institutes), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022-2028

  • To Be Published : Sep 2024
  • Code : CMI3465
  • Formats :
      Excel and PDF
  • Industry : Medical Devices

Market Challenges And Opportunities

Global Laboratory Fume Hood Market – Dynamics

Rising investments in research-based pharmaceutical industries is expected to propel the laboratory fume hood market growth over the forecast period. For instance, in 2018, the European Federation of Pharmaceutical Industries and Associations reported that around US$ 37 million was invested in research and development in pharmaceutical sector in Europe.

Furthermore, various government initiatives to expand the healthcare and pharmaceutical industries is expected to drive growth of the global laboratory fume hood market over the forecast period. For instance, in October 2018, the Government of India invested around US$ 712-855 million for the setup of six pharma parks in Uttar Pradesh, India.

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