Dublin, Sept. 04, 2023 (GLOBE NEWSWIRE) -- The "Cleanroom Technologies Market by Product (Equipment - Fan Filter, HVAC, Vacuum Systems; Consumable - Safety, Disinfectants), Type (Standard Modular (Hardwall, Softwall), Mobile), End User (Pharma, Biotech, MedTech, Hospitals) & Region - Global Forecast to 2028" report has been added to ResearchAndMarkets.com's offering.
The global market for cleanroom technologies is projected to reach USD 8.2 billion in 2023 and is expected to grow to USD 11.4 billion by 2028, with a CAGR of 6.8% during the forecast period.
The market growth is primarily driven by factors such as advancements in cleanroom technologies, increased R&D spending in the pharmaceutical industry, growth in the biologics sector, and rising demand for parenteral and injectable pharmaceutical formulations. However, the high costs associated with cleanroom technology systems are expected to hinder market growth during the forecast period.
Key Segments and Trends:
- Safety Consumables Segment Growth: The safety consumables segment is expected to grow at the highest CAGR during the forecast period. The adoption of single-use safety consumables like gloves, apparel, and masks has increased, driven by growing manufacturing and R&D activities in the life science industry. The rise in COVID-19 cases has further boosted the adoption of safety consumables in hospitals.
- Mobile Cleanrooms on the Rise: Among the types of cleanrooms, the mobile cleanrooms segment is projected to grow at the highest CAGR. Mobile cleanrooms offer flexibility and easy transport within facilities or remote locations, providing comprehensive cleanroom capabilities where needed.
- Biotechnology Industry's Impact: The biotechnology industry segment is expected to grow at the highest CAGR among end users. The increasing demand for biologics and biosimilars, coupled with the use of advanced techniques like proteomics and recombinant DNA technology, is driving the need for controlled working environments in biotechnology research and production.
- Asia Pacific Driving Growth: The Asia Pacific region is projected to grow at the highest CAGR in the forecast period. Factors such as increased healthcare expenditure and a growing pharma and biotech manufacturing base in countries like India and China are boosting the adoption of cleanroom technologies in the region.
Key Attributes:
- Report Attribute: Details
- No. of Pages: 302
- Forecast Period: 2023 - 2028
- Estimated Market Value (USD) in 2023: $8.2 Billion
- Forecasted Market Value (USD) by 2028: $11.4 Billion
- Compound Annual Growth Rate: 6.8%
- Regions Covered: Global
Market Dynamics:
Drivers:
- Stringent Regulatory Framework and Quality Check Parameters
- Growth of the Biotechnology Sector
- Rising Demand for Parenteral and Injectable Pharmaceutical Formulations
- Growing Demand for Miniaturized Medical Devices
- Advancements in Cleanroom Technologies and Modular Designs
- Increasing R&D Spending in the Pharmaceutical Industry
Restraints:
- High Operational Costs of Cleanrooms
Opportunities:
- Increasing Demand in Emerging Economies
- Focus on Energy-Efficient Cleanrooms
Challenges:
- Customization of Cleanroom Designs
Companies Mentioned:
- ABN Cleanroom Technology
- Airplan
- Airtech Japan, Ltd.
- Angstrom Technology
- Ardmac
- Atlas Environments, Ltd.
- Azbil Corporation
- Berkshire Corporation
- Camfil
- Clean Air Products
- Clean Air Technology, Inc.
- Clean Rooms International, Inc.
- Colandis GmbH
- DuPont de Nemours, Inc.
- Dynarex Corporation
- Exyte GmbH
- Illinois Tool Works Inc.
- Kimberly-Clark Corporation
- Labconco
- Octanorm-Vertriebs-GmbH
- Parteco Srl
- Taikisha Ltd.
- Terra Universal, Inc.
- The Bouygues Group
- Weiss Technik (A Schunk Company)
For more information about this report visit https://www.researchandmarkets.com/r/evajw7
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