Lewes, DE -- (SBWIRE) -- 03/28/2016 -- Report forecast the global autoclave market to grow at a CAGR of 7.23% during the period 2016-2020.

Autoclaves are used to sterilize diagnostic equipment, laboratory glassware, and surgical instruments by subjecting them to high-pressure steam at 249ºF for 15-20 minutes, based on the nature of the material inside. The use of an autoclave for sterilizing materials and for treating biomedical waste is fast, safe, and convenient. Autoclaves are commonly used in laboratories and medical facilities. The most common type of autoclave is a metallic cylindrical vessel with temperature and pressure control knobs or switches on top.

The report covers the present scenario and the growth prospects of the global autoclave market for 2016-2020. The market size was calculated from the revenue generated from the sales of autoclaves.

The market is divided into the following segments based on geography:
- Americas
- APAC
- Europe
- MEA

According to the report, the growth of the global autoclave market is attributed to the anticipated growth in R&D expenditure between 2015 and 2020. With the economies of developing countries growing faster than those of developed countries, these emerging economies will have more research facilities being set up over the next five years, which in turn will lead to a rise in demand for autoclaves and other commonly used laboratory equipment.

Further, the report states that the major factor inhibiting the growth of this market is the low frequency of repurchase.

Global Autoclave Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global Autoclave Market: Astell Scientific Ltd., Benchmark Scientific Inc., MELAG Medizintechnik oHG, Panasonic Biomedical Sales Europe B.V., and Tuttnauer Europe B.V.

Other Prominent Vendors in the market are: Advanced Sterilization Products (ASP), BMM Weston, Carolina Biological Supply Company, Cisa Production, Cole-Parmer, Getinge Group, LTE Scientific, Matachana, Medisafe International, Priorclave, STERIS, Thermo Scientific, and Yamato Scientific.

Market driver
- Increasing R&D expenditure
- For a full, detailed list, view our report

Market challenge
- Low frequency of repurchase
- For a full, detailed list, view our report

Market trend
- Improved functioning of autoclaves
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 62 pages and 29 Exhibit "Global Autoclave Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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