According to study, “Global Pharmaceutical Autoclaves Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024” the key companies operating in the global pharmaceutical autoclaves market are BelimedDeutschland GmbH, FedegariSrl., Steris Plc., Astell Scientific, Getinge Infection Control, DE LAMA S.p.A., Shinva, ICOS, Sakura Seiki. The global market is highly competitive marked by frequent mergers & acquisitions (M&A) and strategic alliances. Additionally, collaborations are primarily employed as a strategy to expand product portfolio.
Pharmaceutical autoclave is a closed chambers used for disinfecting surgical equipment and other surgical instruments. It is a container used to process parts and materials under the exposure of elevated pressure and temperature. Autoclaves constitutes of four key parameters such as: pressure, steam, time of exposure and temperature.Autoclaves are suitable in the chemical business it is used for vulcanizing rubber and in medical applications for sterilization.
Based on product type, pharmaceutical autoclaves market is segmented into tabletop and traditional. Tabletop pharmaceutical autoclave segment is projected to exhibit higher CAGR owing to growth in availability of tabletop autoclaves in various sizes & volumes and rise in demand for portable autoclaves during the forecast period. Based on indicator, market is segmented into biological, chemical and mechanical. Based on technology, market is segmented into pre-vacuum technology, gravity displacement and steam flush. Pre-vacuum technology segment dominates the market due to its varied advantages in sterilizing different objects for instance wrapped goods, cages, porous materials, packs, animal cage bedding, red bags, etc. Additionally, gravity displacement technology segment is anticipated to exhibit lucrative growth rate as a result of its easy to use the feature & obstacle-free penetration. Based on sterilization stages, market is segmented into purge phase, sterilization phase and exhaust stage. Based on chamber capacity range, market is segmented into less than 200 liter, 200 to 1000 liter and greater than 1000 liter. In addition, based on application, market is segmented into pharma laboratories and pharma companies.
The pharmaceutical autoclaves market is driven by rise in prevalence of a number of infectious diseases, followed by huge surge in surgical procedures, increase in requirement for sterilized supplies &equipment, rise in number of healthcare facilities, high spending towards healthcare, rise in research & development (R&D) activities in the pharmaceutical sector, expansion in the quantity of research centers & different offices, rise in patient-centric approach to reduce infections, introduction of portable steam autoclaves & product, and growth in the numbers of hospital-acquired infections (HAIs) such as catheter associated urinary tract infections and ventilator-associated pneumonia. However, high cost of large capacity autoclaves and rise in use of disposable products by healthcare settings may impact the market. Moreover, growth in awareness about the importance of sterilization among the people is a key opportunity for market.
Based on geography, the North-American and European regions dominate the pharmaceutical autoclaves market owing to presence of major manufacturer & well-established distribution network and stringent sterilization & disinfection guidelines for medical waste disposal by regulatory bodies in the region. Whereas, the Asian-Pacific region is estimated to witness higher CAGR due to rise in medical tourism, growth in geriatric population prone to suffer from various chronic diseases and lower cost of surgeries over the forecast period. In upcoming years, it is estimated that the market will be reached at rapid pace as a result of new product launches with advanced technology during the forecast period.
For more information on the research report, refer to below link:-
Global Pharmaceutical Autoclaves Market
Global Industrial Autoclaves Market Study 2015-2025, by Segment (Vertical Industrial Autoclave, Horizontal Industrial Autoclave), by Market (Food and Beverage Industry, Biological Industry, Pharmaceutical Industry), by Company (Advanced Vacuum Systems, ASC Process Systems, Taricco)
Ankur Gupta, Head Marketing & Communications