Steam Autoclaves Market will hit $3.1 billion by 2024

Japan steam autoclaves market dominated the Asia Pacific region and accounted for USD 103.4 million in 2017 owing to rising geriatric population base of Japan and improving healthcare infrastructure and growth of pharmaceutical sector.

Sellbyville, United States - December 17, 2018 /MarketersMedia/

Germany steam autoclaves market will witness significant growth over the coming years due to rapid technological advancements and rising funding in biopharmaceutical and pharmaceutical industry in the country. Well established healthcare infrastructure, rising healthcare spending will positively impact industry growth.

Mexico steam autoclaves market will manifest robust growth attributed to the growing incidence of nosocomial infections. Healthcare infrastructure development along with geographical proximity to U.S. will propel industry growth.

Global Steam Autoclaves Market is poised to cross 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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Table top steam autoclaves market is prophesied to grow at the fastest rate during the forecast period. Less space requirement and higher convenience in operation will drive table top steam autoclaves market over the coming years.

High pressure steam autoclaves market will witness significant growth owing to its ability of handling all type of bulk sterilization requirements coupled with robust construction. Increasing demand for bulk sterilization in medicine, agriculture, and pharmaceutical sectors will favor business growth.

Increasing demand for portable autoclaves will stimulate growth of floor standing autoclaves market over the coming years. Big interior chamber allowing disinfection of high sterilization requiring goods along with low charging height will augment adoption rate.

Laboratory steam autoclaves market is foreseen to witness lucrative growth over the forecast timeframe. The increasing amount of waste emitted from pharmaceutical companies and healthcare facilities such as clinics resulting in rising demand for optimal waste management of biohazardous and medical waste will drive laboratory steam autoclave market over the coming years.

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Few notable industry players include, Priorclave, Nuve, Astell Scientific, Steris, Dental X, LTE Scientific, Medisafe International, Panasonic Healthcare, Zhermack, and Melag. The industry participants are consolidating their market position by focusing on development of low-cost, high capacity steam autoclave to satisfy consumer demand.

Contact Info:
Name: Arun Hegde
Email: Send Email
Organization: Global Market Insights, Inc.
Website: https://www.gminsights.com/pressrelease/steam-autoclaves-market

Source URL: https://marketersmedia.com/steam-autoclaves-market-will-hit-31-billion-by-2024/460829

Source: MarketersMedia

Release ID: 460829

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