Based on a recent industry evaluation by Future Industry Insights (FMI), the global autoclaves market sale is expected to grow from its anticipated US$ 2.09 billion in 2022 to US$ 3.17 billion by 2030. Gravity autoclaves are expected to account for approximately 54.0% of the market value share in this product category by 2021.
The autoclave is one device that is frequently used in the sterilisation and disinfection process.In order to speed up the sterilisation process, the autoclave market uses a physical way of operation to maintain temperature and pressure. In the healthcare sector, autoclaves can be used to prepare and sterilise medical supplies and equipment. High pressures and temperatures are artificially resistant in the environment produced by autoclave equipment.
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According to the Centers for Disease Control and Prevention (CDC), on any given day, about 1 in 31 hospital patients has at least one health-care associated infection. Autoclaving destroys microorganisms with higher efficiency than dry heat. Hence autoclaves are registering increasing applications in the healthcare industry.
While the outbreak of novel coronavirus has taken a toll on the market affecting its growth, it is recovering steadily to bounce back. Patient admissions in hospitals and other healthcare facilities has increased, which is in turn fuelling the demand for autoclaves in the recent year.
FMI offers an in-depth analysis and overview of the global autoclaves market, covering factors enabling its growth, creating prospects, and key threats.
Key Takeaways:
- The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the global autoclaves market share.
- Floor standing autoclaves will gain traction due to the high for laboratory applications
- This study presents the analytical depiction of the global autoclaves market along with the current trends and future estimations to determine the imminent investment pockets.
- The current market is quantitatively analyzed from 2021 to 2030 to highlight the global autoclaves market growth scenario. Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed global autoclaves market analysis based on competitive intensity and how the competition will take shape in coming years.
“The rising awareness among the hospital staff, doctors, and patients regarding the hospital acquired infections is spurring the growth of the autoclaves market. The outbreak of COVID-19 pandemic has resulted in unbridled rise in patient pool across hospitals and healthcare centers, increasing the risk of hospital acquired infections. According to the National Centre for Biotechnology Information (NCBI), the risks of Central Line-Associated Bloodstream Infection (CLABSI), Catheter Associated Urinary Tract Infection (CAUTI), and others are higher in COVID-affected patients. This has been fuelling the demand for autoclaves and the trend is expected persist over the next couple of years,” says an FMI analyst.
COVID-19 Impact Analysis
The outbreak of COVID-19 pandemic caused decline in the growth of market earlier this year. The sudden lockdown, coupled with restrictions imposed, had severely affected manufacturing units of the autoclaves. However, autoclaves being an integral part of the sterilization process started experiencing surge in demand soon after getting over the temporary period of lull. The ongoing pandemic has resulted in higher requirement for sterilized and clean environment across healthcare facilities, which is substantially pushing the demand curve for autoclaves upward.
As per Medical Product Outsourcing (MPO), autoclaves are staples in the healthcare industry and they are used extensively for high-pressure steam sterilization on various tools and industrial components, especially during COVID-19 pandemic.
According to the World Health Organization (WHO), biosafety levels BSL-2 and BSL-3 are required in order to handle COVID-19 by maintaining clean and safe environment. As laboratory autoclaves are ideal for sterilization of contaminated instruments, waste, laboratory equipment, and others while maintaining these standards, they are highly required in diverse end-user industries starting from pathology laboratories to academic and research institutes.
Key Market Players
- Astell Scientific
- Shinva
- Steris Corporation
- Getinge
- Belimed
- MELAG,
- Panasonic Biomedical Tuttnauer.
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Autoclaves Market by Category
By Product Type:
- Gravity Autoclave
- Vacuum-induced Autoclave
By Modality:
- Floor standing
- Bench Top
- Wall Mounted
- Portable
By Loading Type:
- Top Loading
- Front Loading
- Pass-Through
By Chamber Type:
- Cylindrical
- Rectangular
By End-User:
- Hospitals
- Office-Based Clinics
- Academic and Research Institutes
- Research Laboratories
- Pathology Laboratories
- Biopharmaceutical Companies
