Press release
Global Pharmaceutical Grade Washer Market Poised for Significant Growth, Projected to Reach USD 529.0 Million by 2034
Pharmaceutical Grade Washer Market
In 2024, global sales of pharmaceutical grade washers are projected to hit USD 266.8 million, marking a notable rise from USD 251.2 million in 2023. The continuous expansion of the pharmaceutical industry, coupled with stringent regulatory requirements for contamination control, is fueling the demand for these advanced cleaning solutions.
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Pharmaceutical grade washers are vital to the pharmaceutical industry, ensuring the safety, efficacy, and quality of pharmaceutical products within a contamination-free manufacturing environment. These specialized devices are essential for cleaning, sterilizing, and decontaminating various components, such as glassware, containers, tools, and industrial equipment, used in the processing and manufacturing of medications. The need for these washers is growing, as they are integral to maintaining stringent hygiene standards required by the industry.
The growth of the pharmaceutical grade washer market can be attributed to heightened concerns regarding contamination control, coupled with increasing regulatory pressures on the pharmaceutical and biotechnology sectors. As the demand for aseptic processing rises and adherence to Good Manufacturing Practices (GMP) becomes more critical, pharmaceutical companies are prioritizing advanced sterilization and decontamination solutions.
"The pharmaceutical grade washer market is benefiting from the ongoing global shift towards higher standards of cleanliness and safety in pharmaceutical production," said FMI. "With more stringent regulations in place and greater emphasis on aseptic processing, pharmaceutical companies are investing in reliable, high-performance equipment that ensures the highest quality of pharmaceutical goods."
As the industry continues to evolve, the demand for pharmaceutical grade washers is expected to accelerate, supporting the growth of the global market. Industry players are focusing on innovations that improve cleaning efficiency and meet the increasingly complex regulatory requirements, further propelling market expansion.
Key Takeaways:
• The market size in 2023 was valued at USD 251.2 million, with an estimated growth to USD 266.8 million in 2024.
• The market is projected to expand to USD 529.0 million by 2034, reflecting a CAGR of 7.1% from 2024 to 2034.
• United States is expected to witness a 2.7% CAGR from 2024 to 2034.
• Canada is anticipated to experience a higher growth rate with a 4.7% CAGR from 2024 to 2034.
• Germany is projected to grow at a 2.7% CAGR from 2024 to 2034.
• France is expected to grow at a 4.4% CAGR over the same period.
• Italy is projected to see a 4.0% CAGR from 2024 to 2034.
• United Kingdom is forecasted to grow at a 3.1% CAGR during this time frame.
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Competitive Landscape:
The pharmaceutical-grade washers market is highly competitive, influenced by several key factors. With the rising demand for biotech pharmaceuticals, manufacturers are increasingly focusing on advanced cleaning and sterilization technologies that meet stringent regulatory standards.
Collaborations and joint ventures between manufacturers are becoming more frequent, allowing companies to combine expertise and resources, thereby strengthening their market presence and expanding product offerings.
Recent Industry Developments in the Pharmaceutical-Grade Washer Market:
June 10, 2024: Metall Zug and Miele (Belimed AG) finalized a joint venture, merging Steelco and Belimed in the Infection Control and Life Sciences sectors. This partnership resulted in the creation of a new brand, SteelcoBelimed.
April 15, 2024: WuXi Biologics, a leading global biotech pharmaceutical manufacturer based in China, selected Fedegari Group to supply 15 high-performance process machines, including GMP washers and autoclaves, for its largest bio-manufacturing facility in Ireland.
Key Players of Pharmaceutical Grade Washer Industry:
• Getinge AB
• Steelco S.p.A.
• Belimed AG
• Bausch+Ströbel Maschinenfabrik Ilshofen GmbH + Co. KG
• SP Industries, Inc.
• OPTIMA Packaging Group GmbH
• IMA S.p.A.
• Lancer Sales USA, Inc. (A Part of STERIS Corporation)
• Bosch Packaging Technology (Syntegon Technology GmbH)
• Fedegari Autoclavi S.p.A.
• Astell Scientific Ltd.
• Telstar Life Sciences (Azbil Telstar)
• Pharmatec GmbH (Romaco Group)
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Key Segments of Pharmaceutical Grade Washer Industry:
By Type:
In terms of type, the industry is divided into cabinet washers, tunnel washers, ultrasonic washers, CIP/SIP systems and others.
By Application:
In terms of application, the industry is divided into medication for cleaning of vials, ampoules, and syringes, cleaning of laboratory glassware and equipment, cleaning of production equipment, and others.
By Mode of Operation:
In terms of mode of operation, the industry is divided into medication for automated washers, semi-automated washers and manual washers.
By End User:
In terms of end user, the industry is divided into medication for pharmaceutical companies, biotechnology companies, research & development laboratories, contract research organizations (CROs), and others.
By Region:
Key countries of North America, Latin America, Europe, East Asia, South Asia & Pacific, Middle East and Africa (MEA) have been covered in the report.
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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