Autoclave Market: Application Areas
Microbiology, podiatry, medicine, veterinary medicine, body piercing, tattooing, dentistry, prosthetics fabrication, funeral homes and mycology are some of the fields where sterilisation autoclave are largely used. They differ in function and size depending on the media that needs to be sterilised. In the process of curing composites and in the vulcanisation of rubber, autoclaves are largely used. Sterilisation of waste material and pre-disposal treatment are the main functions of autoclave. Pathogenic hospital waste is one of the examples. Other types of autoclaves are used to create crystals under high pressure and temperature. The electronic industry uses synthetic quartz crystals that are grown in autoclaves. Packing parachutes for special applications may be performed in an autoclave vacuum that allows the parachute to be warmed and inserted into the minimum volume.
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Autoclave Market: Trends
The autoclave market has been witnessing strong growth over the years as it requires low capital investment for installation and is more reliable than other sterilising equipment. Rising demand for healthcare services and aging population will fortify the demand for autoclave in the coming years. Due to rising awareness about the safety among patients, many healthcare professionals install autoclave processes on a priority basis. One of the main reasons behind the increasing demand for autoclaves is increasing number of surgical procedures and hospital acquired infection. Rising geriatric population and rise in prevalence of cancer are the other factors that drive the autoclave market.
Autoclave Market: Regions
Globally, North America region dominates this market and is expected to register a highest CAGR; this growth in North America can be attributed to technological advancement in the region. Increasing expenditure on healthcare and pharmaceuticals coupled with rising number of hospitals across the region is expected to boost the autoclave market. Rising concern for the need to control the spread of hospital acquired infections in North America is also expected to drive demand for sterilisation and eventually for autoclave. The fastest growing autoclave market is Asia Pacific.
Autoclave Market: Forecast
The reasons for largest share of revenue of autoclave in the global market is its wide use in healthcare establishments, clinical facilities, hospitals and medical applications. As a result of the large capacity autoclaving solutions needed in hospitals, there is maximum demand for larger autoclaves that are capital intensive. Due to a higher demand, it is anticipated that autoclaves will continue to retain a dominant market position over the course of the forecast period.
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