The cleanroom technology market 2020 is all set to target exponential growth and can touch an approximate valuation of USD 4 Billion by 2022, claims Market Research Future (MRFR). We will provide COVID-19 impact analysis with the report, along with all the extensive key developments in the market post the coronavirus disease outbreak.
Top Boosters and Challenges
Demand for the cleanroom technology is considerably high in the manufacturing units of diverse industries, which is touted to be a crucial growth booster in the global market. In manufacturing units, numerous sources such as product flow, machinery and raw materials can contaminate the key product, which calls for the uptake of the cleanroom technology top ensure the product’s sterility as well as the whole manufacturing process. The technology has emerged as a crucial aspect of the healthcare industry, with an increasing use in the development of standardized products with respect to the regulatory norms. Therefore, the rapid expansion of the healthcare sector across regions is bound to create a favorable scenario for the cleanroom technology market in the ensuing years.
Technological innovations with regard to cleanrooms are presumed to benefit the global market in the ensuing years. In recent years, the cleanroom technology has successfully transitioned from conventional to modular and now as flexible as ever. Benefits including reconfiguration according to the requirement, cost-effectiveness and faster installation boost the appeal of modular cleanrooms across various industries, which can translate to bright prospects for the global market.
A majority of the manufacturers are trying to propel their market position via strategies such as development of new products, merger, acquisitions and expansion, which also helps incite significant growth. To cite a reference, in September 2020, Azzur Cleanrooms on Demand set up a new facility in Burlington, which is a hybrid model that comprises on-demand cleanrooms coupled with asset management, material management, testing, sampling, training, and consulting services.
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Equipment, consumables and end-users are the primary segments discussed in the market study by MRFR.
Cleanroom technology industry, based on equipment, can be considered for HEPA filters, laminar air flow, cleanroom filters, cleanroom air showers, particle counters, desiccator cabinets, environmental monitoring system, cleanroom pass through systems, and more.
The consumable-based key segments are gloves, head-caps, lab suits, face masks, wipes, footwear, disinfectants, swabs, and others. The gloves market has been making significant progress owing to the rising applications in various industries, such as medical device, pharmaceutical, diagnostic centers and biotechnology industries.
Some of the top market end users include research laboratories, biotechnology industry, pharmaceutical industry, and others. The most lucrative growth can be noted by the biotechnology segment as there has been a notable surge in the need for a controlled environment in the working areas.
The Americas, Europe, MEA/The Middle East Africa along with APAC/Asia Pacific are the prime markets for cleanroom technology.
Americas is the highest gaining market for cleanroom technology and the factors responsible for the said growth can be the strong presence of well renowned pharmaceutical firms and the rising healthcare expenditure. The constantly burgeoning geriatric population coupled with the increasing cases of chronic diseases has also enhanced the market size in the region. The thriving healthcare sector in the region offers a host of opportunities to the players in the American cleanroom technology market. Substantial growth of medical devices, pharmaceutical, research and biotechnology organizations in the region has also caused market expansion to a large extent.
The APAC market is advancing at the fastest speed, thanks to the lucrative pharmaceutical industry and the large-scale spending on the development of the healthcare industry. The pharmaceutical and healthcare industry in the region has been on a rise due to the rising production of generic drugs backed by the patent expirations of blockbusters, surge in geriatric populace, and the growth of non-communicable diseases like cancers, diabetes and cardiovascular diseases.
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Eminent Industry Firms
Some of the eminent industry firms listed in the report include Alpiq Group, Clean Air Products, Taikisha Ltd., Nicomac Srl, Simplex Isolation Systems, Camfil, Ardmac Ltd, Helapet Limited, M+W Group GmbH, Royal Imtech N.V., to mention a few.