Global Autoclaves Market is valued approximately USD 2048.72 million in 2019 and is anticipated to grow with a healthy growth rate of more than 8.7 % over the forecast period 2020-2027. Autoclaves is a machine used to sterilize lab equipment and waste generated in industries and scientific laboratories. It uses pressurized steam to kill bacteria such as fungus, viruses and spores on items kept under the pressure in vessel.
There are different kinds of autoclave machines based on the material and scale of operation. The biggest driver for the autoclave market is the increase in demand for sanitization and handling viruses and bacteria in times of COVID-19. Most of the healthcare professionals and hospitals are installing the autoclave machines on a priority basis.
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Also rising awareness among citizens and health professionals for safety from viruses and bacteria has led to the growth of autoclave market. Government initiatives for virus protection have also made hospitals adopt autoclave machines. The capital investment required for installation too is not as high as other alternatives available in market which has led the adoption of Autoclaves across the forecast period. For instance, according to the Centers for Disease Control (CDC) analysis, around 99,000 people die every year due to the HIA infections.
Furthermore, according to the World Health Organization (WHO), an estimated 15% of all hospitalized patients suffer from these infections every year . As a result huge investment is made for the installation of autoclaves. However regular maintenance impedes the growth of the market over the forecast period of 2020-2027. Also, opportunity is the increasing demand of virus protection which will led to the growth of autoclave market.
The regional analysis of global Autoclaves Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing expenditure on health care sector and rising number of hospitals has led to the increase of autoclave market. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rising awareness for safety and improving healthcare infrastructure would create lucrative growth prospects for the Autoclaves Market across Asia-Pacific region.
Major market player included in this report are:
Getinge
Steris Corporation
Belimed
Tuttnauer
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MMM
Yamato
Systec
Sanyo
MELAG
Astell
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By product type:
Vertical
Horizontal
Table Top
Floor Standing
High pressure
By technology:
Dry Heat Autoclave
Steam Autoclave
Chemical Solution Autoclave
Glass Bead Autoclave
By application:
Medical
Pharmaceutical
Dental
Aerospace
Laboratory
Others
By Region:
North America
U.S.
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Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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