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(IT-NEWSWIRE.COM, July 11, 2018 ) The global cleanroom technology market was valued at $2,726.9 million in 2013 and is expected to grow at a CAGR of 5.5% during the forecast period of 2014 to 2019.
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The market is mainly driven by rising regulatory concerns regarding better quality of healthcare products and safety of working personnel in healthcare industry; an upsurge in development of new biologics, increasing demand of sterilized pharmaceutical formulations, and rising applications of cleanrooms in medical device industry. However, the customized designing of cleanrooms as per customer requirements is a major challenge for the cleanroom providers. Also, the high cost associated with the installation and use of cleanrooms may restrict the growth of the market to a certain extent.
The global healthcare cleanroom technology market is broadly categorized by technology, construction, end user, and geography. By technology, the healthcare cleanrooms are classified into two major segments, namely, equipment and consumables. These technology segments are further sub-segmented depending on the product type. The equipment segment is classified into Fan Filter Units (FFU), HVAC Systems, Laminar Air Flow Systems and Biosafety Cabinets, HEPA Filters, and Air Diffusers and Showers. The consumables are classified into two major segments, namely, safety consumables and cleaning consumables. The safety consumables are further segmented as apparel, gloves, and other safety consumables, while, cleaning consumables are categorized as vacuum systems, wipes, disinfectants, and other cleaning consumables. Based on type of construction, market is segmented into standard/drywall cleanrooms, hardwall cleanrooms, softwall cleanrooms, and terminal boxes/pass through cabinets. By end user, the healthcare cleanrooms technology market is classified as pharmaceutical industry, biotechnology industry, medical device manufacturers, hospitals, and other end users.
The overall market is further divided into four major geographies, namely North America, Europe, Asia-Pacific, and the Rest of the World (RoW). These regions are further analyzed at the country level. The research report discusses about the key market drivers, restraints, and opportunities of the global cleanroom technology market and its submarkets.
In 2013, North America contributed the largest share of the cleanroom technology market, followed by Europe, Asia-Pacific, and Rest of the World. The cleanrooms market in the Asia-Pacific and Latin American region is largely driven by growing healthcare product manufacturing and government initiatives in this region. The major growth would be attributed to countries such as India, China, and Brazil. However, the developed North American cleanroom technology market is expected to witness slower growth as market for new cleanroom installation is moving towards saturation.
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The prominent players in the cleanroom technology market are Illinois Tool Works, Inc. (ITW) (U.S.), Kimberly-Clark Corporation (U.S.), E.I. du Pont de Nemours and Company (U.S.), M+W Group (Germany), Azbil Corporation (Japan) and Royal Imtech N.V. (Netherlands), Alpiq Group (Switzerland), Ardmac Ltd. (Ireland), and Taikisha, Ltd. (Japan).
Source: Company Financials, Magazines, Journals, Press Releases, Paid Databases, Food and Drug Administration (FDA), Medicines and Healthcare Products Regulatory Agency, International Organization for Standardization (ISO), Good Manufacturing Practices (GMP), Prevention Association and The Study of Contamination (ASPEC), and, The MarketsandMarkets Data Repository
Global Cleanroom Equipment Market, By Product ($Million)
Source: Company Financials, Magazines, Journals, Press Releases, Paid Databases, Food and Drug Administration (FDA), Medicines and Healthcare Products Regulatory Agency, International Organization for Standardization (ISO), Good Manufacturing Practices (GMP), Prevention Association and The Study of Contamination (ASPEC), and, The MarketsandMarkets Data Repository
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Mr. Shelly Singh
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