Cleanroom Technology Market Size, Growth and Demand till 2023

Cleanroom Technology Market to Reach $5 Billion by 2023 www.psmarketresearch.com

Cleanroom Technology Market

Global cleanroom technology market is forecasted to attain $5 billion value by 2023, growing at a CAGR of 5.7% during 2017-2023. The growth in the market is likely to be led by increased demand for certified products, rising healthcare expenditure, technological advancements in cleanrooms, rising demand from pharmaceutical, biotech, and medical devices industries, and favorable healthcare regulations.

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Cleanroom Technology Market In terms of technology type, the cleanroom technology market has been categorized as equipment and consumables, where consumables occupied a larger share in the global market in 2016.

Consumables are cheaper and do not involve any installation and maintenance cost, as compared to the equipment used in cleanrooms. The equipment used in cleanroom technology industry include heating, ventilating, and air conditioning (HVAC) systems, high-efficiency particulate air (HEPA) filters, fan filter units (FFUs), laminar air flow systems and biosafety cabinets, air diffusers and showers, and other equipment, among these the HVAC systems held the largest share in the market, in 2016.

Cleanroom technology products are mainly used in the pharmaceutical, biotechnology, and medical devices industries, with some of the other users being hospitals, research laboratories and academic institutions. Pharmaceutical industry contributed the largest share to the cleanroom technology market and its growth is mainly attributable to the presence of a large number of biopharmaceutical companies, which further leads to a high production of finished pharmaceutical products, worldwide.

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Cleanroom Technology Market North America generated the maximum revenue in the cleanroom technology market, mainly attributable to the increased adoption of cleanroom technology products due to their benefits.

HEPA filters are efficient in removing microbes from the air that is expelled out from the industries. According to an article published in 2008 by the U.S. Food and Drug Association (USFDA), HEPA filters are mainly used by the companies that are involved in the manufacturing, processing, and packaging of frozen foods. These filters have an efficiency of 99.97% to 99.99%, which prevents contamination from harmful microorganisms such as L.monocytogenes, a bacterium responsible for spoiling food.

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Cleanroom Technology Market Globally, the key providers in the cleanroom technology market are launching new products to gain a larger market share. For instance, in September 2016, Clean Air Products Inc., a designing and manufacturing company for cleanroom systems, announced the launch of new touchscreen interface for its air showers - model CAP701KD-ST. The enhanced feature enables easier control of the cycle timings and program changes of its air showers. The HMI interface displays a visual instruction of where the air shower is in the cycle and also includes a countdown screen that informs occupants about the time remaining in the air shower.

Request for report sample at: https://www.psmarketresearch.com/market-analysis/cleanroomtechnology-market/report-sample Some of the other key players operating in the cleanroom technology market include M+W Group GmbH, E.I. du Pont de Nemours and Company, Kimberly-Clark Corporation, Taikisha Ltd., Azbil Corporation, Illinois Tool Works Inc., Ardmac Ltd., and Alpiq Group.

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