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Cleanroom Equipment Market Size Trends Transforming Business Models and Opportunities

06-28-2023 08:01 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Report Ocean

Cleanroom Equipment Market Size Trends Transforming Business

The global cleanroom equipment market is valued at approximately USD 2.45 billion in 2021 and is expected to grow at a healthy growth rate of more than 6.3% over the forecast period from 2022 to 2029. Cleanroom equipment is specifically designed to protect against contamination and pollution in highly sensitive cleanroom environments.

Cleanrooms are classified based on their size and the maximum allowed particle matter per volume of air, with different regulatory standards such as ISO Standard, British Standard 5295, Federal Standard 209, and Pharmaceutical Cleanroom Classifications used for categorization.

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One of the key factors driving the expansion of the cleanroom equipment market is the increasing adoption of cleanroom technology and the growing incidence of healthcare-acquired infections (HAIs). HAIs have become more common, with a significant impact on patient safety and healthcare costs. According to the World Health Organization (WHO), a considerable number of patients in both middle- and low-income countries and high-income countries experience at least one HAI during their hospitalization, and a significant proportion of affected patients succumb to these infections.

The COVID-19 pandemic has also played a role in the rise of HAIs, as highlighted by a study from the Centers for Disease Control and Prevention (CDC) in the United States. The CDC estimates that HAIs alone account for 1.7 million infections in American hospitals. This increasing prevalence of HAIs is driving the demand for cleanroom equipment.

Additionally, the market is benefiting from rising investments in upgrading healthcare infrastructure and technological advancements related to cleanrooms. However, there are certain factors that may hinder market growth, such as the low replacement rate of cleanroom equipment and the complex installation process involved.

In terms of regional analysis, North America currently dominates the global cleanroom equipment market in terms of revenue, primarily due to the presence of established brands and the high prevalence of diseases in the region. On the other hand, the Asia Pacific region is expected to exhibit the highest compound annual growth rate (CAGR) during the forecast period. This growth is attributed to factors such as the increasing elderly population, collaborations for product development, geographic expansion by key players, and active involvement of government organizations in the market.

Some of the major players in the global cleanroom equipment market mentioned in the report include Angstrom Technology, Terra Universal, Inc., MECART, Cleanrooms Depot, Inc., Clean Air Products, Labconco Corporation, Integrated Cleanrooms Technologies Pvt. Ltd., Abtech, HVAX Technologies Pvt Ltd, and Airomax Airborne LLC.

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The report also highlights recent developments in the market. For example, in February 2022, MECART announced a collaboration with Diversified and Fountainhead Control Rooms to provide turnkey solutions and premium control room environments. In June 2022, Kleanlabs expanded its product line of modular cleanroom solutions, offering different modular cleanroom options to meet the diverse needs of various industries.

The report provides a comprehensive analysis of the market, including revenue forecasts, company rankings, competitive landscape, growth factors, and trends. It covers various segments such as equipment, type of cleanrooms, end use, and regions including North America, Europe, Asia Pacific, Latin America, and the Rest of the World.

Overall, the objective of the study is to analyze the market size of different segments and countries in recent years and forecast their values for the coming years. The report incorporates both qualitative and quantitative aspects of the industry, including driving factors, challenges, opportunities, competitive landscape, and offerings of key players.

Highlight the Following Key Factors:

► Business Description: a particular description of agency operations and enterprise departments.
► Company Strategy: The analyst's precis of the company's commercial enterprise strategy.
► SWOT Analysis: Detailed evaluation of the company's strengths, weaknesses, opportunities, and threats.
► Company History: The development of predominant occasions associated to the company.
► Main merchandise and services: A listing of the company's fundamental products, services, and brands.
► Main Competitors: A listing of the company's fundamental competitors.
► Important places and subsidiaries: The company's major places and subsidiaries' listing and contact information.

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About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean is the world's leading research company, known for its informative research reports. We are committed to providing our clients with both quantitative and qualitative research results. As a part of our global network and comprehensive industry coverage, we offer in-depth knowledge, allowing informed and strategic business conclusions to report. We utilize the most recent technology and analysis tools along with our own unique research models and years of expertise, which assist us to create necessary details and facts that exceed expectations.

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