Regional Segmentation andStatistics based on the growth of global steam autoclave market:
Regional segmentation of the AutoclaveEquipment Market by Coherent market Insights comprises North America, AsiaPacific, Europe, Middle East, and Africa. Slowest market growth was observed inEurope due to the economic instabilities in certain countries. The growth ofthe chemical sector in Eastern Europe is a major source of demand ofautoclaves. According to the World Health Organization, 180,000 people diedfrom AIDS-related illnesses in Nigeria in 2015, which has led to the emergenceof largest and most promising markets in Nigeria. The boost in South Africanautoclave market is due to 78% increase in research laboratories. The demandfor autoclaves over the next five years is due to the increase in the number ofmedical and healthcare facilities in other West African countries.
Sterilization devices are of asignificant value as they ensure the absolute destruction and elimination ofall forms of microbes. Autoclave is a majorly used sterilization device as ituses high temperature steam to sterilize a variety of solids and liquids. It isan effective, non-toxic and inexpensive method. The benefits offered were soonapparent and eventually it became an invaluable and integral part of everyhospital and private clinic. Autoclaves are built to operate at hightemperature range of 121-1450C, which enables steam to infiltrate materials andeffectively decontaminate it. Autoclaves provide a number of display featuresfor cycle documentation. These displays work in tandem with one another tospecify how temperatures change based on treatment times.
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Autoclave equipment provides abenefit of exhaust fan features that function to dry decontaminated materialsand evaporate moisture. These benefits of autoclaves are likely to drive theglobal autoclave market during the forecast period.
Research and developmentlaboratories, pharmaceuticals & healthcare, tattooing & body piercing,veterinary science, rubber vulcanization in chemical industry are some of thecommon application areas.
Low capital Investment, highreturns leads to the growth of Autoclave Equipment Market:
One of the prominent factordriving the autoclave equipment market is the increase in the number ofsurgeries and endoscopic procedures. For instance, the Centers for DiseaseControl and Prevention, in U.S. as of 2015 states that 46.5 million surgeriesand 5 million endoscopies are performed every year which require sterilizationof the devices post-surgery. The Autoclave Equipment Market has witnessedgrowth over the years as it require low capital investment for installation,and is more efficient than other sterilizing equipment. The World HealthOrganization states that 7 out of 100 hospitalized patients acquire hospitalacquired infection at any given time and one third of the ICU patients acquirehospital acquired infections (HAIs) due to the presence of a non-sterile environmentin 2011. The Journal of the Royal Society Interface stated that more than 44million cases of infectious diseases were reported globally between 1980- 2013.The global rise in the number of hospital-acquired infections and diseases,huge surge in surgical procedures has resulted in stringent safety regulations,leading to an increase in the demand for sterilization equipment in healthcarefacilities.
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Positive Pressure DisplacementAutoclaves equipment is expected to dominate the market over the forecastperiod
Technological advancement inautoclave equipment could be a dominating trend in near future:
With the advancement intechnology, the improvised version of autoclaves introduced in the markets aresmarter and flexible to function with minimum human input. They reducefunctioning complexities and allow accurate monitoring. The autoclaves can beeasily synced with the devices and instruments. This improved connectivityenables easy monitoring of equipment.
Adoption of various sterilizationtechnique to develop autoclave equipment by Danaher can boost the companyrevenue
The leading players of autoclaveequipment market industry include Danaher, PerkinElmer, Tecan Group and ThermoFisher. Other prominent vendors in the autoclave equipment market are: SiemensHealthcare, Abbott Diagnostics, Agilent Technologies, Aurora Biomed, Becton,bioMérieux, Biotek Instruments, Eppendorf, Brooks Automation, CernerHamiltonStorage Technologies, LabVantage Solutions, Labware, Olympus, Qiagen.
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