Northbrook, IL 60062 -- (SBWIRE) -- 09/28/2023 -- Cleanroom Technologies Market in terms of revenue was estimated to be worth $8.2 billion in 2023 and is poised to reach $11.4 billion by 2028, growing at a CAGR of 6.8% from 2023 to 2028 according to a new report by MarketsandMarkets™.

The cleanroom technologies market is mainly driven by factors such as the stringent government regulations for effective infection control, growing demand for medical devices, advancements in cleanroom technology, and rising demand for parenteral & injectable pharmaceutical formulations growth of the biological sector, rising demand for parenteral, growing demand for medical devices, and increasing R&D spending in the pharmaceutical industry. However, the high operational costs associated with cleanrooms is expected to restrain market growth to a certain extent.

Download an Illustrative overview: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=263122482

Browse in-depth TOC on "Cleanroom Technologies Market"
289 - Tables
41 - Figures
302 – Pages

The consumables segment has accounted for the largest market share during the forecast period.

Based on Product, the cleanroom technologies market is segmented into equipment, controls, and consumables. The consumables segment accounted for the largest share of the cleanroom technologies market. Consumables segment is also estimated to grow at the highest CAGR during the forecast period. The high and growing number of biotech, pharmaceuticals and medical device companies facilitating the use of disposable protective clothing drives the growth of the consumables segment in the cleanroom technologies market.

The modular cleanrooms segment has accounted for the largest share of the global cleanroom technologies market

Based on type, the cleanroom technologies market has been segmented into standard cleanrooms, modular cleanrooms and mobile cleanrooms. The standard cleanrooms segment accounted for the largest share of the cleanroom technologies market in 2022. The high demand for cleanrooms that are more design-flexible than standard cleanrooms, quick and easy to install, freestanding for easy portability, and easy to expand or reconfigure has incaresed the adoption of modular cleanrooms among end users.

Pharmaceutical industry segment was the largest end user segment of the cleanroom technologies market.

Based on end user, the cleanroom technologies market is segmented into medical device manufacturers, hospitals, pharmaceutical industry, the biotechnology industry, and other end users. In 2022, pharmaceutical industry was the largest end user segment of the cleanroom technologies market. The manufacture of various pharmaceutical formulations across the globe and high adoption of cleanrooms during the development of pharamceuticals fuel the adoption of cleanroom technologies among this end user segment.

North America accounted for the largest share of the cleanroom technologies market

North America, followed by Europe, held the largest market share in 2022. North America accounted for the largest share of the cleanroom technologies market. This is due to the stringent regulatory standards for product approvals in the US and Canada. Also, a large number of major global players are based in the US, because of which the country is a center for innovation in the cleanroom technologies market.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=263122482

Cleanroom Technologies Market Dynamics:

Drivers:

1. Stringent regulatory framework

Restraints:

1. High operational costs associated with cleanrooms

Opportunities:

1. Increasing demand for cleanrooms in developing economies

Challenges:

1. Customization of cleanroom designs per requirements

Key Market Players:

Some of the prominent players operating in the cleanroom technologiesmarket include Kimberly-Clark Corporation (US), Illinois Tool Works, Inc. (US), Taikisha Ltd. (Japan), Angstrom Technology (US), Octanorm-Vertriebs-GMBH (Germany), Camfil (Sweden), Azbil Corporation (Japan), Bouygues Group (France), Clean Air Technology, Inc.(US), Weiss Technik (Germany), Atlas Environments, Ltd. (UK) Exyte AG (Germany), Terra Universal, Inc. (US).

Recent Developments:
- In 2023, ABN Cleanroom Technology launched the first ready-to-use low dewpoint cleanroom solution in Europe.

- In 2022, Bouygues Energies & Services, a subsidiary of Bouygues Construction, has successfully installed a cutting-edge manufacturing cleanroom facility to Novanta (US) in Taunton.

- In 2022, ABN Cleanroom Technology launched the first off-the shelf cleanroom solution, INTEGRA that can reach cleanliness classifications up to ISO Class 4 and cGMP grade B.

- In 2022, Clean Rooms International launched Flow-Thru Light Troffer suitable for Class 10 – Class 100,000 environments for for cleanroom, pharmaceutical, laboratory, hospital, and other environments.

- In 2021, Exyte Group and Wynnchurch Capital reached an agreement for the acquisition of the Critical Process Systems Group (CPS) by Exyte. CPS is a group of manufacturing and design companies with USD 150 million in annual sales in 2020. The acquisition will allow the company to further enhance its services to existing and new customers in semiconductor, biopharma, and life sciences businesses.

Get 10% Free Customization on this Report:
https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=263122482

About MarketsandMarkets™

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: sales@marketsandmarkets.com