An autoclave is a pressurised chamber, which is primarily used in the process of sterilization, where medical equipment and supplies are sterilized at high pressure and temperature than the ambient air pressure. Sterilization by autoclave was mostly used in the field of microbiology, dentistry and medicines. After usage of medical devices, they may get contaminated, due to that they need to be autoclaved prior every use for elimination of the bacteria, viruses, fungi and other viable organisms. Many of the medical grade autoclaves are confined to run regulatory-approved cycles. It mostly operated on high pressure, steam and time, so they use high temperature and pressure steam for the purpose of sterilizations.
MARKET DYNAMICS- PHARMACEUTICAL AUTOCLAVE MARKET
The pharmaceutical autoclave market is anticipated to grow at CAGR of 7.83% during the forecast period of 2021 to 2027. The innovation of portable steam autoclaves and rising biohazardous waste generated in hospitals are the prime opportunities of the pharmaceutical autoclave market. The key factors such as rise in healthcare expenditure is propelling the growth of pharmaceutical autoclave market. The stringent government rules on healthy and sanitized policy is refuelling the growth of pharmaceutical autoclave market. However, regulation by government on autoclave sterilization is hampering the growth of pharmaceutical autoclave market.
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COVID-19 IMPACT ON PHARMACEUTICAL AUTOCLAVE MARKET
The exclusive COVID-19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the deep brain stimulation devices market. In addition, complete analysis of changes on deep brain stimulation devices expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on Global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. The growing prevalence of COVID-19 is rising the demand of pharmaceutical autoclave market during the COVID-19 pandemics. The rising prevalence of infectious diseases is also projecting growth of pharmaceutical autoclave market during the COVID-19 pandemic. The rising cases of hospital acquired infectious is also boosting the growth pharmaceutical autoclave market during COVID-19 pandemic.
PHARMACEUTICAL AUTOCLAVE MARKET- SEGMENTAL OVERVIEW
The pharmaceutical autoclave market is segmented into product type, capacity, technology, end user and geography.
PHARMACEUTICAL AUTOCLAVE MARKET BY PRODUCT TYPE
The pharmaceutical autoclave market is comprised of product types like vertical, horizontal, table top, floor standing and high pressure. The table top segment is expected to dominate the market on 2020. The rising demand of autoclaves in healthcare centres is propelling growth of pharmaceutical autoclave market. The growing use of autoclave in hospitals and clinics is also boosting growth of pharmaceutical autoclaves market in 2020. The rising adoption of sterilization techniques is also propelling growth of pharmaceutical autoclave market.
PHARMACEUTICAL AUTOCLAVE MARKET BY CAPACITY
The pharmaceutical autoclave market is categorised by various capacity such as 50-200 L, 200-500 L, 500-1000 L, 1000-2000 L and 2000 L. In which 50-200 L is likely to dominate the pharmaceutical autoclave market in 2020. The rising adoption of autoclave in healthcare industry is boosting growth of pharmaceutical autoclave market. The growing rate of hospital acquired infections is also propelling growth of pharmaceutical autoclave market.
PHARMACEUTICAL AUTOCLAVE MARKET BY TECHNOLOGY
The pharmaceutical autoclave market is comprised of various technology like dry heat autoclave, steam autoclave, chemical solution autoclave and glass bead autoclave. In which steam autoclave is estimated to dominate the market in 2020. The steam sterilization is simple and highly effective decontamination techniques. Which is obtained by exposing products to saturated steam at relatively high temperature. The growing cases of infectious diseases is propelling the growth of pharmaceutical autoclave market. The rising demand of autoclave in pharmaceutical industry is propelling growth of pharmaceutical autoclave market.
PHARMACEUTICAL AUTOCLAVE MARKET BY END USER
The pharmaceutical autoclave market is comprised of end users such as pharmaceutical and healthcare industry, research centres and academic institutes. In which pharmaceutical and healthcare industry is likely to dominate the market in 2020. The rising use of sterilization techniques is propelling the growth of pharmaceutical autoclave market. The growing government regulation regarding use of autoclave in pharmaceutical industry is also driving growth of pharmaceutical autoclave market.
PHARMACEUTICAL AUTOCLAVE MARKET BY GEOGRAPHY
The pharmaceutical autoclave market is studies for key countries of various regions such as North America, Europe, Asia Pacific and Rest of the World. In which North America is anticipated to dominate the market in 2020. The rising safety concern in industry is propelling growth of pharmaceutical autoclave market. The rising adoption of aseptic techniques is also boosting growth of pharmaceutical autoclave market. The growing use of autoclave for sterilization is also refuelling growth of pharmaceutical autoclave market.
KEY PLAYERS IN PHARMACEUTICAL AUTOCLAVE MARKET
The major players operating in pharmaceutical autoclave market are Astell Scientific, Sakura Seiki Co.,Ltd., Microbiology International, Benchmark Scientific, Inc., Getinge Ab, Shinva Medical Instrument Co., Ltd, Belimed, Phc Holdings Corporation, Melag Medizintechnik Gmbh Co. Kg, Amerex Instruments, Inc. and Zirbus Technology Gmbh among others.
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