Based on a recent industry evaluation by Future Industry Insights (FMI), the global autoclaves market sales 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.
One tool that is primarily used for the sterilisation and disinfection process is the autoclave.The autoclave market uses a physical method of operation to maintain temperature and pressure in order to expedite the sterilisation process. Medical supplies and equipment can be predisposed to and sterilised using autoclaves in the healthcare industry. The environment created by autoclave equipment is artificially resistant to high temperatures and pressures.
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.
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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.
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
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Author By:
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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