New York, NY, March 28, 2018 (GLOBE NEWSWIRE) -- Zion Market Research has published a new report titled “Steam Autoclaves Market by Product type (Table Top, Vertical, Horizontal, Floor Standing, High Pressure), by the application (Medical, Dental, Laboratory) for Healthcare Global Industry Perspective, Comprehensive Analysis, and Forecast, 2017 – 2023”. The global steam autoclave market was valued at USD 1816.6 million in 2017 and is expected to reach USD 2857.3 million by 2023, growing at a CAGR of 7.84% between 2018 and 2023.
Steam sterilization has many benefits as a sterilization method in healthcare facilities including low cost, safety, and efficacy. When processing heat and moisture stable materials, the speed and productivity of a steam sterilizer are advantages over other forms of sterilization. Medical devices that can be processed in a steam sterilizer include surgical instruments, implantable medical devices, and surgical linens. Sterile Processing Department staff should always follow the device manufacturer's instructions for use when processing the device. Steam sterilization is considered a reliable and consistent method of sterilization throughout healthcare facilities.
Browse through 62 Tables & 25 Figures spread over 110 Pages and in-depth TOC on "Global Steam Autoclaves Market by Type, Size, Share, Analysis and Forecast 2017 – 2023”.
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Many medical devices are reusable and have to be sterilized after use in order to prevent healthcare-associated infections. Autoclaves, i.e. sterilizer machines using high-pressure saturated steam, are crucial to achieving effective and safe surgical activities in the field. With surgical activities where increasingly complex surgical instruments such as tubular instrument are required and those instruments need to be sterilized before used for surgical activity and that plays a major driving factor for steam autoclave market. Moreover, increasing number of incidences of infections and need for a management of biomedical wastes are projected to fuel the growth of steam autoclave market. In addition, growing installation of Central Sterile Supply Department (CSSD) in hospitals will boost the growth of steam autoclave market. On other hands, high cost associated with steam autoclave makes it difficult for small or medium-sized hospitals and that may hamper the growth of this market. Nonetheless, increasing government funding and awareness about the infections in emerging markets is likely to open new opportunities in the forecast period.
Based on product type vertical autoclaves dominated the market of the steam autoclave in 2016. In the forecast, it is expected to continue highest growth rate due to its several applications in different sectors.
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Steam autoclave market is classified on the basis of the region into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Among these regions, North America region dominated the steam autoclave market. In 2015, North America steam autoclave market was accounted major market share. North America steam autoclave market is expected to grow at a healthy CAGR rate of approximately 8% between 2018 and 2023. The U.S. is the leading sub-segment in North America steam autoclave market followed by Canada and it is projected to maintain its dominance during the forecast period.
Europe Steam autoclave market was growing at a significant growth rate and it is expected to generate new opportunities in coming years. In Europe Steam autoclave market, the U.K. was a largest profit-making region and this is due to increased awareness.
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The Asia Pacific also has a strong hold on Steam autoclave market and it is expected to grow at a healthy rate due to rising government initiatives for healthcare infrastructure development and rapidly developing Steam autoclave market. China and Japan are dominating the Steam autoclave market in Asia Pacific with highest market share. India Steam autoclave market will grow at the significant growth rate in coming years. Latin America and the Middle East & Africa Steam autoclave market is also expected to generate new opportunities in the forecast period. Brazil & Mexico dominated the Latin America Steam autoclave market and it is predicted to generate more opportunity in the forecast period.
Key players operating in the steam autoclave market include Belimed, BMM Weston Ltd., Getinge Group, LTE Scientific Ltd, Panasonic Biomedical Sales Europe B.V., Priorclave Ltd., Tuttnauer, Matachana Group, Steris plc., Astell Scientific, Biotechnologies Inc., ZIRBUS technology GmbH, LIFE STERIWARE, Accumax India. and Consolidated Sterilizer Systems.
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This report segments the global Steam Autoclave Market as follows:
Steam Autoclave Market: Product Type Segment Analysis
- Table Top
- Vertical
- Horizontal
- Floor Standing
- High Pressure
Steam Autoclave Market: Mode of Application Segment Analysis
- Medical
- Dental
- Laboratory
Steam Autoclave Market: Regional Segment Analysis
- North America
- The U.S.
- Europe
- UK
- France
- Germany
- Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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