Cleanroom Technology Market is Expected to Knock $3,761.9 Million by 2019 – New Research Report by MarketsandMarkets

(PRWEB) March 13, 2015

The global cleanroom technology market was valued at $ 2,726.9 million in 2013 and is expected to grow at a CAGR of 5.5% during the forecast period of 2014 to 2019. The market is mainly driven by rising regulatory concerns regarding better quality of healthcare products and safety of working personnel in healthcare industry; an upsurge in development of new biologics, increasing demand of sterilized pharmaceutical formulations and rising applications of cleanrooms in medical device industry. However, the customized designing of cleanrooms as per customer requirements is a major challenge for the cleanroom providers. Also, the high cost associated with the installation and use of cleanrooms may restrict the growth of the market to a certain extent.

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The global healthcare cleanrooms market is broadly categorized by technology, construction, end user and geography. By technology, the healthcare cleanrooms are classified into two major segments, namely, equipment and consumables. These technology segments are further sub-segmented depending on the product type. The equipment segment is classified into Fan Filter Units (FFU), HVAC Systems, Laminar Air Flow Systems and Biosafety Cabinets, HEPA Filters and Air Diffusers and Showers. The consumables are classified into two major segments, namely, safety consumables and cleaning consumables. The safety consumables are further segmented as apparel, gloves and other safety consumables, while, cleaning consumables are categorized as vacuum systems, wipes, disinfectants and other cleaning consumables. Based on type of construction, market is segmented into standard/drywall cleanrooms, hardwall cleanrooms, softwall cleanrooms and terminal boxes/pass through cabinets. By end user, the healthcare cleanrooms market is classified as pharmaceutical industry, biotechnology industry, medical device manufacturers, hospitals and other end users.

The overall market is further divided into four major geographies, namely North America, Europe, Asia-Pacific and the Rest of the World (RoW). These regions are further analyzed at the country level. The research report discusses about the key market drivers, restraints and opportunities of the global cleanroom technology market and its submarkets.

In 2013, North America contributed the largest share of the cleanroom technology market, followed by Europe, Asia-Pacific and Rest of the World. The cleanroom technology market in the Asia-Pacific and Latin American region is largely driven by growing healthcare product manufacturing and government initiatives in this region. The major growth would be attributed to countries such as India, China and Brazil. However, the developed North American cleanroom technology market is expected to witness slower growth as market for new cleanroom installation is moving towards saturation.

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