Showing posts with label Cleanroom Technology Market. Show all posts
Showing posts with label Cleanroom Technology Market. Show all posts

What are Major Factors Driving Growth of Cleanroom Technology Market?

One of the biggest factors responsible for the increasing use of cleanrooms is the rapid development of high-efficiency particulate air (HEPA) filters. The technological advancements in HEPA filters have enhanced their ability to absorb nano-toxic particles, which has, in turn, made the maintenance of the required environment inside the cleanrooms more efficient. These technological advancements are expected to increase the adoption of cleanrooms in various industries, such as biotechnology, medical, and pharmaceuticals. 

Browse In-depth Cleanroom Technology Market Companies’ Strategic Developments

Due to the above-mentioned factors, the global cleanroom technology market is expected to expand considerably in the coming years. Cleanroom solutions are widely used in pharmaceutical, medical device, and biotechnology industries and in hospitals, research laboratories, and academic institutions. Amongst these, the pharmaceutical industry registered the highest adoption of cleanrooms, for the manufacturing of drugs, in the past. Various types of cleanrooms are installed in such settings, such as standard cleanrooms, softwall cleanrooms, pass-through cabinets, and hardwall cleanrooms. Amongst these, hardwall cleanrooms are expected to observe the highest demand in future, as they are cost-effective and easier to integrate. 

The cleanroom technology market is currently witnessing the rising popularity of modular cleanrooms across the world. The modular cleanrooms, on account of their easier installation processes, lower installation costs, and shorter manufacturing times as compared to the conventionally used cleanrooms, are observing a huge surge in demand. In addition to this, the modular cleanrooms allow for easier regulation of the airflow, which contributes to their rising popularity in the medical, pharmaceutical, and research industries.

Geographically, the highest usage of the cleanroom technology was observed in North America in the past. The three countries in the world that are expected to register the highest demand for cleanroom technology solutions in the coming years are Japan, Germany, and the U.S. This is mainly attributed to the soaring healthcare expenditure and the increasing number of research laboratories in these countries. On a regional basis, the Asia-Pacific (APAC) region is expected to record the fastest growth in the adoption of cleanroom technology in future. 

Therefore, it can be concluded that due to the burgeoning demand for a clean and contamination-free environment for the manufacturing of pharmaceutical products and medical devices and in the research and development process for drugs, the adoption of the cleanroom technology is expected to witness tremendous growth in the coming years.


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COVID-19 Impact Analysis on Europe Cleanroom Technology Market. Insights on Strategies of Key Players

The rising incidence of infectious diseases is one of the key factors resulting in the increasing demand for the cleanroom technology in Europe. As per the European Centre for Disease Prevention and Control (ECDC), human immunodeficiency virus (HIV) infection is one of the most prevalent diseases in the region, with almost 30,000 new cases recorded every year. It was reported that approximately 29,444 people were suffering from HIV in 31 countries of the European Union (EU) in 2016. The other most common diseases prevalent in the region are hepatitis B, respiratory tract infections, and tuberculosis, which is raising the demand for drugs and medical devices.

Due to the above-mentioned factors, the revenue generated from the sale of cleanroom consumables and equipment in Europe is predicted to increase from $1,126.6 million in 2017 to $1,701.8 million by 2023. The Europe cleanroom technology market is additionally expected to advance at a CAGR of 7.2% during the forecast period (2018–2023). Between consumables and equipment, consumables are expected to register faster growth in requirement during the forecast period, owing to their rising adoption, in order to maintain a contamination-free environment in hospitals, research laboratories, and pharmaceutical, medical devices, and biotechnology industries.

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In Europe, pharmaceutical production is increasing at a rapid rate, mainly due to the rising demand for drugs, on account of the increasing prevalence of chronic diseases and surging geriatric population. As per the EFPIA, the region reported pharmaceutical production worth $337,825 million in 2016. Apart from pharmaceutical, cleanrooms are required in the medical devices and biotechnology industries. Out of these, the pharmaceutical industry recorded the highest usage of cleanroom consumables and devices in 2017, primarily due to the rising number of pharmaceutical companies in Europe, which are mandated to have cleanrooms.

Germany recorded the highest adoption of the cleanroom technology in Europe in the past, and this trend is expected to continue during the forecast period. This is mainly attributed to the increasing number of cleanroom technology providing companies and ballooning incorporation of cleanroom products in the biotechnology and pharmaceutical companies in the country. France is predicted to register the fastest growth in the adoption of the cleanroom technology in the continent in years to come, owing to the presence of numerous companies offering and using these solutions. As a result, the European cleanroom technology market will grow rapidly in France.

Hence, it is clear that owing to the burgeoning demand for a pollutant- and contaminant-free environment in the pharmaceutical, biotechnology, and medical devices industries and increasing awareness regarding hygiene and sterilization, the demand for cleanrooms will rise in Europe in future.

Read more: https://www.psmarketresearch.com/market-analysis/europe-cleanroom-technology-market
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