The Steam Autoclaves Global Market Report 2024 by The Business Research Company provides market overview across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa, encompassing 27 major global industries. The report presents a comprehensive analysis over a ten-year historic period (2010-2021) and extends its insights into a ten-year forecast period (2023-2033).
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According to The Business Research Company’s Steam Autoclaves Global Market Report 2024, The steam autoclaves market size has grown strongly in recent years. It will grow from $3.03 billion in 2023 to $3.33 billion in 2024 at a compound annual growth rate (CAGR) of 9.6%. The growth in the historic period can be attributed to increased healthcare expenditure, rise in hospital acquisitions, focus on patient safety, cost-effective sterilization solutions, globalization of healthcare.
The steam autoclaves market size is expected to see strong growth in the next few years. It will grow to $4.82 billion in 2028 at a compound annual growth rate (CAGR) of 9.7%. The growth in the forecast period can be attributed to rise in outpatient procedures, enhanced data security measures, increased adoption in dental clinics, focus on energy efficiency. Major trends in the forecast period include automation integration, sterilization validation technologies, material innovations, compact and portable designs, customization for specific applications.
Rising incidences of hospital-acquired infections are expected to propel the growth of the steam autoclave market going forward. Hospital-acquired infections can be the infections a person gets while receiving treatment at a healthcare facility. Steam autoclaves are used in hospitals for sterilizing all equipment to prevent healthcare-associated infections that can affect a person staying in the hospital. For instance, according to a May 2022 report by the World Health Organization, a Switzerland-based specialized agency of the United Nations, seven patients in high-income nations and 15 patients in low- and middle-income countries contract at least one healthcare-associated infection (HAI) during their hospital stay per 100 patients in acute-care hospitals, and on average, every ten people who are impacted by a healthcare-associated infection die as a result of the infection. Furthermore, in 2021, according to the report published by the Centers for Disease Control and Prevention, a US-based national public health agency, every day, approximately one out of 31 US patients, and 1 resident out of 43 nursing home residentscontract at least one infection in association with their healthcare. Therefore, rising incidences of hospital-acquired infections are driving the growth of the steam autoclave market.
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The steam autoclaves market covered in this report is segmented –
1) By Product: Table Top, Vertical, Horizontal, Floor Standing, High Pressure
2) By Technology: Gravity Displacement, Pre-vacuum, Steam Flush
3) By Functioning: Downward Displacement Autoclaves, Positive Pressure Displacement Autoclaves, Negative Pressure Displacement Autoclaves, Triple Vacuum Autoclaves
4) By Application: Medical Steam Autoclaves, Dental Steam Autoclaves, Laboratory Steam Autoclaves
5) By End-Use: Hospitals, Clinics, Healthcare Companies, Research And Academic Institutes, Other End-Uses
Technological advancements are a key trend in the steam autoclave market. Major market players operating in the steam autoclave market are concentrating their efforts on introducing new and advanced technologies to strengthen their position in the market. For instance, in December 2021, Priorclave, a UK-based manufacturer of autoclaves and sterilizers, launched a new range of autoclaves such as the BASE laboratory autoclaves. The new series of autoclaves use the latest version of Tactrol3 technology, a microprocessor controller developed by Priorclave for the easy programming of the sterilizing cycles. This new Baseline of laboratory and research-grade autoclaves includes benchtop models with 40- and 60-liter chamber capacities, front-loading cylindrical chamber models with capacities ranging from 100 to 400-liters, and top-loading autoclaves with 60- and 85-liter sterilizing capacities. Priorclave has created rectangular chamber autoclaves with capacities of up to 850 liters where higher sterilizing capacities are required.
The steam autoclaves market report table of contents includes:
1. Executive Summary
2.Steam Autoclaves Market Characteristics
3. Steam AutoclavesMarket Trends And Strategies
4.Steam Autoclaves market analysis
5.Steam Autoclaves Market Size And Growth
6.Steam Autoclaves Segmentation
7.Steam Autoclaves Regional And Country Analysis
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27.Steam Autoclaves Competitive Landscape And Company Profiles
28.Steam Autoclaves Key Mergers And Acquisitions
29.Steam Autoclaves Future Outlook and Potential Analysis
TOP MAJOR PLAYERS:
- Astell Scientific Ltd.
- Belimed GmbH
- BMM Weston Ltd.
- Celitron Medical Technologies Kft
- Consolidated Sterilizer Systems
- Getinge Group
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The global Steam Autoclaves Market is anticipated to rise at a staggering CAGR during the forecast period.
Being used for numerous applications, it helps in preventing major mistakes that lead to poor performance and non-sterile load; but mainly it serves in the pharmaceutical and medical industries where bi-hazardous waste is produced.
Autoclaving thus works at high temperature and pressure to kill spores and microorganisms.
The steam autoclaves market is driven by rise in surgical waste generated by clinics, hospitals and medical institutions.
In addition, life science research facilities and drug factories also contribute to the bio-hazardous medical waste.
North America accounted for a higher market share due to efficient logistic chain in the U.S. Regulatory framework and stringent policies for medical and biohazard waste is likely to help the market grow high during the forecast period.
