Global Market Insights, Inc.

Steam Autoclaves Market Industry Insights 2018: Key Players: Astell Scientific Ltd., Getinge, Consolidated Sterilizer Systems, Belimed, Celitron Medical Technologies Kft.

With 8.7% CAGR Steam Autoclaves Market to beat USD 3 billion by 2024

 

Selbyville, DE -- (SBWIRE) -- 01/02/2019 -- The Steam Autoclaves Market is set to exceed USD 3.1 billion by 2024; according to a new research study published by Global Market Insights, Inc.

Increase in prevalence of nosocomial infections have resulted in hospitals investing highly in superior disinfection and sterilization technologies to control and prevent such infections. Additionally, about 1 in 25 hospital patients has at least one healthcare-related infection. As per the European Centre for Disease Prevention and Control, approximately 3.5 million patients are affected by nosocomial infections every year. Hence, high nosocomial infection in the region will result in boosting the steam autoclaves demand.

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Laboratory equipment manufacturers like Astell Scientific have also been strengthening the basic features of autoclaves that it provides to its consumers. This English laboratory equipment manufacturer is continuously striving to come up with new ideologies and design strategies to expand its consumer base. In Feb 2018, the firm introduced a new range of sterilizers having a circular chamber and sliding doors that reduce floor space and enhance the access of the equipment. The customization it undertook was concentrated on meeting the specific requirements of end-users.

In addition to this, increasing concerns about the use of energy efficient equipment for improving the economy and lowering the energy consumption has also encouraged Astell Scientific to invest in the development of clean and energy-efficient autoclaves. In fact, it has developed an eco-range of square section autoclave that is available in capacities of 125 liters and 360 liters. The shifting focus of the sterilization equipment manufacturers toward the development of energy efficient and innovative product ranges is slated to impel the steam autoclaves industry share noticeably. Indeed, steam autoclaves market size from laboratories has been touted to record a CAGR of 9% over 2018-2024.

In order to meet the specific needs of customers, most of the players in the steam autoclaves market have been manufacturing products right from the base level – that is to say, the launch of totally new and organized sterilizing equipment is now in focus. A few months before, the Swedish healthcare company, Getinge decided to launch a series of steam sterilizers for the life science industry. The launch of the series of next-generation steam sterilization equipment was fully aligned with the requirement of pharmaceutical and biomedical research organizations. The approach of the companies toward the development of reliable, customizable, and precise products is slated to promote the steam autoclaves industry share.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
- Getinge
- Belimed
- Astell Scientific Ltd.
- Consolidated Sterilizer Systems
- Celitron Medical Technologies Kft.
- C-Dental X-Ray, Inc
- LTE Scientific

Laboratory equipment manufacturers like Astell Scientific have also been strengthening the basic features of autoclaves that it provides to its consumers. This English laboratory equipment manufacturer is continuously striving to come up with new ideologies and design strategies to expand its consumer base. In Feb 2018, the firm introduced a new range of sterilizers having a circular chamber and sliding doors that reduce floor space and enhance the access of the equipment. The customization it undertook was concentrated on meeting the specific requirements of end-users.

In addition to this, increasing concerns about the use of energy efficient equipment for improving the economy and lowering the energy consumption has also encouraged Astell Scientific to invest in the development of clean and energy-efficient autoclaves. In fact, it has developed an eco-range of square section autoclave that is available in capacities of 125 liters and 360 liters. The shifting focus of the sterilization equipment manufacturers toward the development of energy efficient and innovative product ranges is slated to impel the steam autoclaves industry share noticeably. Indeed, steam autoclaves market size from laboratories has been touted to record a CAGR of 9% over 2018-2024.

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U.S. steam autoclaves market dominated the North America region and was valued at around USD 467.7 million in the year 2017. Increase in incidents of rare diseases, growing number of research organizations and increasing R&D investment for new drug development will positively impact market growth. Also, increasing geriatric population prone to suffer from various chronic diseases and growing demand for biopharmaceuticals will fuel U.S. steam autoclaves market growth in the near future.

Steam Autoclaves Market by Product
- Table Top
- Vertical
- Horizontal
- Floor Standing