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Steam Autoclaves Market Size
Steam Autoclaves Market size was worth over USD 2.5 billion in 2022. Driven by the growing prevalence of nosocomial infections globally, the industry could grow at over 8.5% CAGR from 2023 to 2032.
High incidence rate of nosocomial infections across the globe has increased the demand for steam autoclaves to ensure the effective sterilization of medical equipment and instruments. According to WHO, HAIs led to an estimated 1.4 million deaths in 2019. This number is expected to rise to 2.2 million deaths by 2050. Steam autoclaves are suitable for a wide range of medical waste types, including infectious waste, sharps (e.g., needles, scalpels), pathological waste, laboratory waste, and more. The rising demand for medical waste management is further creating ample opportunities for industry expansion.
Steam Autoclaves Market Report Attributes
| Report Attribute |
Details |
| Base Year: | 2022 |
|---|
| Steam Autoclaves Market Size in 2022: | USD 2.7 billion |
|---|
| Forecast Period: | 2023 to 2032 |
|---|
| Forecast Period 2023 to 2032 CAGR: | 8.7% |
|---|
| 2032 Value Projection: | USD 6.2 billion |
|---|
| Historical Data for: | 2018 to 2022 |
|---|
| No. of Pages: | 230 |
|---|
| Tables, Charts & Figures: | 455 |
| Segments covered: | Product, Technology, Application, End-use, and Region |
|---|
| Growth Drivers: | - Escalating demand for the management of medical waste
- Rise in prevalence of nosocomial infections
- Growing adoption of CSSD healthcare establishment design in emerging economies
|
|---|
| Pitfalls & Challenges: | - Exorbitant cost of steam autoclave
- Lack of appropriate sterilization of medical and surgical instruments
|
|---|
