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Healthcare and Pharmaceuticals

Healthcare and Medical Cleanroom Te...

Historical and Forecast Market Trends

2018-34

www.expertmarketresearch.com

The rising demand for cleanroom technology from hospitals, clinics, ambulatory surgical centres, diagnostic centres, and nursing homes, owing to the rising healthcare expenditure, increasing population, and rising healthcare awareness is driving the market. The cleanrooms help to protect the patients and medical staff against biological contamination. In addition, the stringent government regulations aimed at curbing the cases of hospital acquired bacterial infections are anticipated to augment the market in the forecast period. Furthermore, the growing geriatric population, which is more susceptible to acquiring severe illnesses, is projected to augment the market growth.

The growing research and development activities aimed towards bolstering the safety in medical research facilities are likely to be the key trends in the market. For instance, in January 2022, Kimberly-Clark Corporation (NYSE: KMB) announced the development of new nitrile gloves that offer safety, while also offering improved comfort to the workers in the research and production facilities, life sciences, and non-sterile drug manufacturing applications. Meanwhile, NuTec, in February 2021, announced the deployment of Epson cleanroom SCARA Robots for medical syringe manufacturing, as well as for COVID-19 application. Such developments are expected to support the market growth in the forecast years.

In terms of region, the Asia Pacific is likely to witness a steady growth in the forecast period. This can be attributed to the favourable government policies in countries such as India and China, among others, coupled with the high population base in the region. In addition, the rapid development of healthcare facilities in emerging economies of the region is anticipated to propel the market in the forecast period. Moreover, the growing expansion of major market players in the region is further expected to strengthen the market growth in the forecast period.

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Market Breakup by Product Type, End Use, and Region:

  • The market is segmented, based on product type, into safety consumables, cleaning consumables, and equipment.
  • The major end uses included in the market report are hospitals, ambulatory services, and diagnostics centres.

Key Findings of the Report:

  • The global market for healthcare and medical cleanroom technology is being driven by the imposition of stringent rules by the government to enhance the safety standards in healthcare and medical facilities.
  • The rising cases of hospital acquired contamination and infections are anticipated to augment the market in the forecast period.
  • The growing government expenditure in the development of healthcare facilities is anticipated to propel the market growth in the forecast period.
  • The market is further estimated to be aided by the increasing research and development activities by the key players for the development of advanced cleanroom solutions.

Key Offerings of the Report:

  • The EMR report gives an overview of the global healthcare and medical cleanroom technology market for the periods (2018-2023) and (2024-2032).
  • The report also offers historical (2018-2023) and forecast (2024-2032) market information for the product types, end uses, and major regions of healthcare and medical cleanroom technology.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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