Steam Autoclaves Market Size, Share, Growth, Trends and Forecast 2021-2027
Category: #business  By Ronak Bora  Date: 2021-08-03
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Steam Autoclaves Market Size, Share, Growth, Trends and Forecast 2021-2027

Escalating need to manage medical wastes in the U.S. and across the globe will give the global steam autoclaves market size an appreciable boost over the forecast spell. Several healthcare establishments in the emerging countries are increasingly relying on CSSD (Central Sterile Supply Department). This department is involved in processing, receiving, storing, controlling, and distributing sterile and non-sterile equipment and supplies for all hospital units to ensure greater safety and quality control.

Likewise, strict quality control processes and CSSD have been observing high momentum due to the substantial increase in the rate of hospital-acquired infections. These aforesaid factors, coupled with the reduction of post-surgical purulent complications after CSSD arrangements in regions, especially Europe, will proliferate the deployment of steam-heated autoclaves.

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As per Global Market Insights, Inc. estimates, the global steam autoclaves market size is anticipated to exceed $4.1 billion by 2027.

On the basis of product, the global steam autoclaves industry from the floor standing segment will depict a CAGR of 10.2% through 2027, owing to its appropriate size and power for sterilization as well as ease of operation. This type of steam sterilization equipment also comes along with myriad benefits such as compact design, cost-effectiveness, and is capable of offering a broad range of options required in the sterilization process.

Considering the technology spectrum, the steam flush segment was valued at above $504 million in 2020, which was attributable to its dynamic air removal during the sterilization process. The technology has also been gaining adoption due to its time-saving, highly efficient, and cost-effective nature. Additionally, steam flush-pressure pulsing technology can rapidly remove air by alternating a steam flush & a pressure pulse above the atmospheric pressure. Air leaked from this pre-vacuum sterilizer does not affect the process as the steam in the chamber is always above the atmospheric pressure.

In terms of segmentation by application, the global steam autoclaves market from the laboratory segment is poised to exhibit a 10% CAGR through 2027, on account of the rising focus on biomedical research and the delivery of high-quality performances. Steam sterilizers are widely used in medical laboratories for the sterilization of laboratory instruments & equipment.

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With regards to end-use, the research and academic institutions segment registered more than $310 million revenue in 2020, driven by the mounting learning and training activities conducted at the academic institutions regarding the benefits and applications of steam autoclaves. Research-grade autoclaves are also required in research institutions to conduct experiments on microorganisms. Therefore, the accelerating number of research & academic institutions will boost segmental growth in the forthcoming future.

From a country-level perspective, the Brazil steam autoclaves market is set to expand at a CAGR of 10.5% through 2027, as a result of the strong emphasis on proper biomedical waste disposal to curb the spread of infectious diseases. The regional industry growth will also be driven by the robust presence of healthcare facilities and biopharmaceutical companies, alongside the increasing prevalence of CSSD.

Key steam autoclaves industry participants include LTE Scientific Ltd., Getinge Infection Control AB, Dental X, Consolidated Sterilizer Systems, CELITRON Medical Technologies, BMM Weston Ltd., Belimed Deutschland GmbH, Astell Scientific, and STERISHRED, among others. These firms are incorporating varied strategies like product innovations and M&A to drive the geographical footprint.

For instance, in September 2020, Midmark Corp. released the updated Midmark M3 Steam Sterilizer, bringing simplicity, speed, and compliance to instrument processing to help staff make sterilized equipment ready for use among patients.

Partial Chapter of the Table of Content:

Chapter 2   Executive Summary

2.1    Steam autoclaves industry 3600 synopsis, 2016 - 2027

2.1.1    Business trends

2.1.2    Product trends

2.1.3    Technology trends

2.1.4    Application trends

2.1.5    End-use trends

2.1.6    Regional Trends

Chapter 3   Steam Autoclaves Industry Insights

3.1    Industry segmentation

3.2    Industry landscape, 2016 – 2027

3.3    Industry impact forces

3.3.1    Growth drivers

3.3.1.1    Escalating demand for the management of medical waste in U.S.

3.3.1.2    Rise in prevalence of nosocomial infections in Europe

3.3.1.3    Growing adoption of CSSD healthcare establishment design in emerging economies

3.3.2    Industry pitfalls & challenges

3.3.2.1    Heightened usage of disposable medical devices in Asia Pacific

3.3.2.2    Exorbitant cost of steam autoclave in developing nations

3.3.2.3    Lack of appropriate sterilization of medical and surgical instruments

3.4    Growth potential analysis

3.4.1    By product

3.4.2    By technology

3.4.3    By application

3.4.4    By end-use

3.5    COVID-19 impact analysis

3.6    Regulatory landscape

3.6.1    U.S.

3.6.2    Europe

3.7    Porter’s analysis

3.8    Competitive landscape, 2019

3.8.1    Competitive matrix analysis

3.9    PESTEL analysis

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/steam-autoclaves-market

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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