Cleanroom Technology Market to reach $5 billion by 2023 by P&S Intelligence.
New York, NY -- (SBWIRE) -- 08/20/2018 -- No matter what industry a cleanroom operates within, having the proper cleanroom technology is vital to the smooth operation of the area. Cleanrooms are most commonly associated with scientific laboratories, but they're used in a wide range of applications. In fact, cleanroom technologies are often utilized in manufacturing and computer server production to help support a sterile environment.
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According to a recent research report by P&S Intelligence, the global cleanroom technology size is projected to reach $5.0 billion by 2023. Various factors leading to the growth of the global cleanroom technology market include increasing demand for certified products, technological advancements in cleanrooms, growing prevalence of infectious diseases etc.
With the increased number of biological products coming to the market, new practices to provide high assurance on pharmaceutical sterilization processes have become necessary. At the same time, changes in the type of materials and products required in manufacturing of pharmaceuticals are forcing the companies to make changes in typical sterilization methods leading to increase in cleanroom technology products. The WHO has set some parameters for making sterilized pharmaceutical products such as quality control, sanitation, manufacture of sterile preparation, isolator technology, and blow/fill/seal technology to avoid any contamination. Thus, the increasing demand for sterilized pharmaceutical products leads to a positive impact on the cleanroom technology market.
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Geographically, North America is the largest market for cleanroom technology, driven by increased adoption of these products and technological advancements in the cleanroom technology products offered in the region. The increased government initiatives for the development and marketing of better quality products, that are efficient and safe to use are likely to fuel the growth of the market in North America. Furthermore, cleanroom technology has wide applications in pharmaceuticals, medical devices, and biotechnology industries, as well as hospitals and several research laboratories. It is estimated that around 722,000 hospital-acquired infection cases were reported in the U.S. during 2011, and around 75,000 patients died during their hospitalization in the same year. These infections can be prevented by efficient use of safety and cleaning consumables, such as gloves, bleaching wipes, and disinfectants. Therefore, the increasing demand for safety and cleaning consumables is likely to drive market demand.
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Kimberly-Clark Corporation is the global leader in the cleanroom technology market and held 32.7% share in 2016. The company offers products such as surgical solutions, surgical gowns, clinical towels, medical gloves, disinfectants, soap sanitizers, baby wipes, facial and bathroom tissues, and paper towels. Illinois Tool Works Inc. is another major player in the global cleanroom technology market, which markets industrial products and equipment, such as electronic assembly equipment, plastic and metal components, static control equipment, adhesives, hand wipes, and cleaners.
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