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Business impacts of COVID-19 on Europe Cleanroom Technology Market. Strategies of major industry competitors

06-02-2020 10:26 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: P&S Intelligence

Business impacts of COVID-19 on Europe Cleanroom Technology

The prevalence of infectious diseases is growing rapidly all across the globe, including Europe. A very recent example is that of the COVID-19, which is spreading at a very quick pace around the world. The fact that there's no vaccine yet for curing the diseases is a major cause of concern. European countries, including Italy and the U.K. have been hot hardly by this deadly virus, owing to which the demand for the cleanroom technology in the region is rising, as they are vital for the drug development process.

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Cleanrooms are spaces which are designed to allow control over contaminants that may comprise delicate processes. Pollutants such as airborne microbes, aerosol particles, and dust are filtered out of a cleanroom for providing the cleanest area possible. Such rooms also control other variable including humidity, air flow, and temperature. Owing to these aspects, the European cleanroom technology market is expected to reach a value of $1,701.8 million by 2023, increasing from $1,126.6 million in 2017, and is predicted to advance at a 7.2% CAGR during the forecast period (2018-2023). Consumables and equipment are the two product types that are utilized in a cleanroom, between which, the demand for consumables was higher in 2017.

Within the region, Germany emerged as the largest European cleanroom technology market in the past. The country is known specially for its emphasis on quality and has a highly-developed healthcare system, in terms of infrastructure. In addition to this, the country is witnessing a steady demand for innovative minimally invasive equipment and therapeutic and diagnostic medical devices that are utilized in the field of neuro-surgery, dermatology, gastroenterology, and urology, which is also leading to a rising utilization for cleanrooms. In the coming years, France is also projected to register significant demand for cleanrooms because of the presence of major companies in the domain and enhancing healthcare infrastructure.

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Market Segmentation by Product
o Consumables
o Safety
? Gloves
? Apparel
? Others
o Cleaning
? Wipes
? Disinfectants
? Vacuum systems
? Others
o Equipment
o HVAC systems
o HEPA filters
o FFUs
o Laminar air flow systems and biosafety cabinets
o Air diffusers and showers
o Others
Market Segmentation by Construction
o Standard Cleanrooms
o Hardwall Cleanrooms
o Softwall Cleanrooms
o Pass-Through Cleanrooms
Market Segmentation by End User
o Pharmaceutical Industry
o Biotechnology Industry
o Medical Devices Industry
o Others

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About P&S Intelligence

P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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