Steam Autoclaves Market worth over $4bn by 2027

Steam Autoclaves Market size is set to surpass USD 4.1 billion by 2027, according to a new research report by Global Market Insights Inc.
 

Growing prevalence of nosocomial infections in Europe is driving the market growth. According to the statistics by the European Centre for Disease Prevention and Control (ECDC), approximately 3.8 million people suffer from nosocomial infections per year in acute care hospitals in countries such as Norway and Iceland. In addition, as per the ECDC, approximately 90 000 people die each year due to the six most common infections in health care settings in Europe and around 20% of nosocomial infections are avoidable through better infection prevention and control. Therefore, most European countries have established their own national guidelines for infection control programmers that are augmenting the adoption of steam sterilization in the region, thereby fueling the demand for steam autoclaves.
 

Growing demand for vertical autoclaves will propel the market expansion

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Vertical steam autoclaves segment accounted for more than USD 539 million in 2020 led by the delivery of flexible solutions of steam sterilization and large capacity of sterilization chamber. These autoclaves are increasingly being used in food and beverage units, microbiology laboratories and operation theatres that is resulting in their huge demand. Moreover, increasing need for medium capacity laboratory sterilization solutions is a major factor contributing to the rising demand.
 

Rise in preference for pre-vacuum technology will boost the market value

Pre-vacuum segment is anticipated to expand at a 9.9% growth rate till 2027 impelled by the efficiency of pre-vacuum technology to sterilize certain items with hard-to-reach areas within. The vacuum function in these autoclaves enables sterilization of the contents deeply through complete evacuation the ambient air within. Pre-vacuum autoclaving is preferred for animal cages, wrapped surgical kits and bedding sterilization.
 

Browse key industry insights spread across 230 pages with 240 market data tables & 18 figures & charts from the report, “Steam Autoclaves Market Size By Product (Table Top, Vertical, Horizontal, Floor Standing, High Pressure), By Technology (Gravity Displacement, Pre-vacuum, Steam Flush), By Application (Medical, Dental, Laboratory), By End-use (Hospitals, Clinics, Healthcare Companies, Research and Academic Institutions) Industry Analysis Report, Regional Outlook, Application Potential, Price Trends, Competitive Market Share & Forecast, 2021 – 2027” in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/steam-autoclaves-market
 

Increasing use of autoclaves in dental settings will enhance the market revenue

Dental allocation was valued at USD 186 million in 2020 on account for the need for sterilization of dental instruments in dental clinics and rise in number of dental settings. Steam autoclaves are the most common type of sterilizers in dental practices. Furthermore, risk of emergence of infections caused by bacteria such as Staphylococcus aureus, Pseudomonas aeruginosa, Streptococcus pyogenes and Streptococcus pneumoniae is spurring the demand for steam autoclaves in dental clinics.
 

Growing demand for steam autoclaves by healthcare companies will foster the industry growth

Healthcare companies crossed USD 734 million in 2020 driven by increase in biomedical research and development in the biopharmaceutical companies. Rising awareness pertaining to the management of biomedical waste is compelling more and more healthcare companies to adopt steam autoclaves in order to avoid microbial contamination. This factor is additionally contributing to the rising demand for steam autoclaves.
 

Rising prevalence of nosocomial infections in Japan is predicted to influence the market demand

Japan held significant share in the Asia Pacific steam autoclaves market and accounted for USD 132 million in 2020 owing to the increasing geriatric population prone to suffer from nosocomial infection. Growing awareness pertaining to medical waste management in order to prevent the spread of infections during the pandemic is elevating the use of steam autoclaves in the country. Japan is showcasing a rise in number of biomedical research and academic institutions that is contributing to the industry expansion.
 

Companies are focusing on strategies and launch of innovative products to expand customer base

Some of the major companies operating in the market are STERISHRED, Astell Scientific, Belimed Deutschland GmbH, BMM Weston Ltd., CELITRON Medical Technologies, Consolidated Sterilizer Systems, Dental X, Getinge Infection Control AB and LTE Scientific Ltd. among others. These leaders are proposing strategies in order to generate significant revenue and maintain a competitive edge over their peers.