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Increasing demand for sterilized pharmaceutical product drives the Global Cleanroom Technology Market



Global Cleanroom Technology Market Report, published by Variant Market Research, forecast that the global market was valued at $3,474 million in 2016 and is expected to reach $5,171 million by 2024, growing at a CAGR of 5.1% from 2016 to 2024. In geographical segments, Asia-Pacific and Europe are expected to grow at a CAGR of 6.0% and 5.1%, respectively, during the forecast period 2016-2024.

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Increasing healthcare industry, rise in healthcare spending, stringent healthcare regulation, demand for sterilized pharmaceutical product, growing incidence of infectious and contagious diseases are some of the factors driving the global cleanroom technology market. Though, huge initial cost required for establishment of cleanroom technology and lack of experienced professionals may restrict the market growth. Rising regulatory concerns regarding the manufacturing, packaging, and processing of better quality products will provide certain growth opportunities for the market.

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The global cleanroom technology market is categorized into type, construction, application, and geography. Type segment comprises of equipment (fan filter unites (FFU), HEPA filters, HVAC systems, laminar air flow systems and biosafety cabinets, air diffusers & showers, and others) and consumables (safety consumables (apparel, gloves and others) and cleaning consumables (vacuum systems, wipes, disinfectants, and others)). Construction segment includes standard/drywall cleanrooms, hardwall cleanrooms, softwall cleanrooms, and terminal boxes/pass through cabinets. Furthermore, application is divided into medical devices, pharmaceuticals, biotechnology, and others.

By type segment, equipment dominated the market with the largest share in 2016, whereas consumables are expected to achieve the fastest CAGR during the forecast period 2016-2024. In 2016, standard/drywall cleanrooms and hardwall cleanrooms held for majority of the market share. In the application segment, pharmaceuticals held the largest share in 2016, and medical devices are anticipated to grow with fastest CAGR.

North America, Europe, Asia-Pacific, and Rest of the world (RoW) are the major geographical segments of the global cleanroom technology market. North America dominated the market with highest share of 38.3% in 2016, followed by Europe with 30.1%. Moreover, Asia-Pacific is estimated to achieve fastest CAGR during the forecast period, driven by rapid industrialization and increasing awareness about certified products.

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The key players operating in the global cleanroom technology market are Illinois Tool Works, Kimberly-Clark Corporation, Taikisha, Ltd., Alpiq Group, E.I. du Pont de Nemours and Company, Royal Imtech N.V., Ardmac Ltd., Azbil Corporation, Ardmac Ltd., M+ W Group, and Clean Air Products among others.

Scope of the Global Cleanroom Technology Market
Type Segments
• Equipment
o HVAC Systems
o HEPA Filters
o Air Diffusers & Showers
o Fan Filter Unites (FFU)
o Laminar Air Flow Systems and Biosafety Cabinets
o Others
• Consumables
o Safety Consumables
? Gloves
? Apparel
? Others
o Cleaning Consumables
? Wipes
? Vacuum Systems
? Disinfectants
? Others
Construction Segments
• Hardwall Cleanrooms
• Softwall Cleanrooms
• Standard/Drywall Cleanrooms
• Terminal Boxes/Pass Through Cabinets
Application Segments
• Biotechnology
• Pharmaceuticals
• Medical Devices
• Others
Geography Segments
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Others
• Asia Pacific
o China
o Japan
o India
o Others
• RoW
o South America
o Middle East
o Africa

About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visit https://www.variantmarketresearch.com

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News Release: Increasing demand for sterilized pharmaceutical product drives the Global Cleanroom Technology Market
Submitted on: September 13, 2017 01:00:12 PM
Submitted by: manoj
On behalf of: https://www.variantmarketresearch.com
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