San Francisco, 11 February 2019: The Report Cleanroom Technology Market Analysis By Product Type (Equipment, Consumables), By
End-use (Pharmaceutical, Medical Device, Biotechnology, Hospitals, Diagnostic
Centers), And Segment Forecasts, 2018 - 2025
The global cleanroom technology market is expected to reach USD 4.86 billion by 2025, according
to a new report by Grand View Research, Inc. Stringent regulatory standards for
product approvals, technological advancements in cleanrooms, initiatives taken
by private organizations to create awareness regarding cleanroom, and growth of
healthcare sector globally are among few factors expected to drive the
market.
Compliance with the standards for product
approvals is very important, as a result manufacturing companies in various
industries are dependent on cleanroom technology. The regulatory standards or
current good manufacturing practices for pharmaceutical products are more
stringent as compared to other industries as these products have a direct
impact on public health. This is expected to positively impact the market
growth by boosting the usage in various industries.
Various initiatives undertaken to create
awareness, such as online magazines dedicated to specifying trends in cleanroom
technology, and presence of cleanroom company directories are expected to
propel the market growth. Cleanroom Academy GmbH, founded in 2008, is one such
organization dedicated to help manufacturing companies optimize work processes
and offers training courses pertaining to this technology. To serve this
purpose, the company arranges a number of seminars, training sessions, and
coaching.
Rapid growth of the healthcare industry is
impelling demand for this technology. Increase in healthcare expenditure,
reimbursement policies for treatment of diseases in various economies, burden
of noncommunicable diseases, R&D initiatives by academic & commercial
players, as well as improvement in the healthcare infrastructure and rise in
geriatric population are some of the major factors driving the healthcare
industry, which in turn is expected to increase usage rates in production
facilities.
Access Research Report of Cleanroom Technology Market @ www.grandviewresearch.com/industry-analysis/cleanroom-technology-market
Further Key Findings From the Report Suggest:
· The global cleanroom technology market size
was estimated at USD 3,097.8 millionin 2016 and is expected to grow at a CAGR
of 5.1% from 2017 to 2025
· Consumables emerged as the largest product
type segment and the equipment segment is anticipated to witness fastest growth
over the next 8 years
· Pharmaceutical industry accounted for the
largest revenue share of around 48.7% in 2016 due to several factors such as
presence of stringent regulations in the U.S. regarding approval of imported
products from emerging countries
· Asia Pacific region is anticipated to
witness lucrative growth over the next decade due to emergence of healthcare
sector in the developing countries, increased production of generics, and
economic development
· The market is highly fragmented in nature
with participants such as Clean Air Products; M+W Group; KCWW; DuPont; Abtech;
Integrated Clean Room Technologies Pvt Ltd; Clean Room Depot, Inc.; Terra
Universal; Labconco
Browse more reports of this category by Grand View
Research at: www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented cleanroom
technology market on the basis of product type, end use, and region:
Product Type Outlook (Revenue, USD Million,
2014 - 2025)
·
Equipment
·
Consumables
End-use Outlook (Revenue, USD Million, 2014 - 2025)
·
Pharmaceutical industry
·
Medical device industry
·
Biotechnology industry
·
Hospitals and diagnostic centers
Regional Outlook (Revenue, USD Million,
2014 - 2025)
·
North America
·
Europe
·
Asia Pacific
·
Latin America
·
Middle East & Africa
Access Press Release of
Cleanroom Technology Market@ www.grandviewresearch.com/press-release/global-cleanroom-technology-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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