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Autoclave Market Share, Research And Projections For 2018-2026 | MELAG Medizintechnik oHG, Tuttnauer, Getinge AB, Belimed, SAKURA SEIKI

05-14-2019 08:02 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Autoclave Market

Autoclave Market

Autoclave is device majorly used for disinfection and sterilization process. Autoclave operates on physical method, which maintains temperature and pressure conditions for sterilization processes 0in less time. Autoclave has applications in healthcare for sterilization and pre-disposal of the medical equipment and materials.

Increasing number of infection related to healthcare is one of the major factors driving growth of the market

The factor attributed to growth of the autoclave market is rising number Hospital-Acquired Infections (HIA) along with occurrence of pathogens, bacterial, fungal & viral diseases worldwide. For instance, according to the Centers for Disease Control (CDC) analysis, around 99,000 people die every year due to the HIA infections, worldwide.

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Furthermore, according to the World Health Organization (WHO), an estimated 15% of all hospitalized patients suffer from these infections every year. Increasing the HIA infections during hospitalization is due to exposure of patients to pathogens through different sources environment, healthcare staff, and other infected patients. Therefore, autoclave plays an important role in controlling HIA infections in hospital, as this instruments is used for sterilizing surgical equipment, laboratory instruments, and pharmaceutical items. This in turn help in preventing growth of the bacteria, which inadvertently help in reducing the growth of the disease caused by infection spread from the medical instruments. Hence, this factor is expected to fuel growth of the autoclave market during the forecast period (2018 – 2026).

Global Autoclave Market: Restraints

The high cost of autoclave is one of the factor restraining growth of the market. For instance, according to the Coherent Market Insights analysis, the price of the 35L High Pressure Sterilizer Autoclave was US$ 1900 per set; the price of the desktop medical hospital steam sterilizer autoclave was US$ 2600 per set; the price of the LDZM-30B pressure steam medical autoclave was US$ 3,000 per set. Thus, on the basis of features served by the autoclave the price of the autoclave vary. Hence, this factor is expected to hamper growth of the market.

Global Autoclave Market: Regional Insights

The market for autoclave in Asia Pacific region accounted for the largest market share in 2017, and expected to hold the largest market share over the forecast period (2018 – 2026). Owing to increase in number of patients suffering from Hospital acquired Infection (HIA) is one of the major factors driving growth of the market in these particular region. For instance, the International Nosocomial Infection Control Consortium (INICC) assessed the rates of device associated infections across 40 Indian hospitals compared to a number of other countries. Therefore, in order to minimize the case related to HIA infection is inadvertently increase the demand of the autoclave in these particular region.

Global Autoclave Market: Competitive landscape

Key players operating in the global autoclave market include MELAG Medizintechnik oHG, Tuttnauer, Getinge AB, Belimed, SAKURA SEIKI Co., Ltd., Shinva Medical Instrument Co., LTD., Astell Scientific, STERIS plc. BMM Weston Ltd., LTE Scientific Ltd, Panasonic Biomedical Sales Europe B.V., Priorclave Ltd., Life Steriware, Accumax India, and Consolidated Sterilizer Systems.

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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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