Steam Autoclaves Market size anticipated to reach USD 2.9 billion by 2023 : Fractovia.org Fuel Cell Market size worth $25.5bn by 2024
Key Insights of Steam Autoclaves Market: • Global Steam Autoclaves Market Size was evaluated at $1.5 billion for 2015 and registered CAGR of 8.91% during the projected timespan. Growing occurrence of hospital acquired infections, rising concern for management of bio-hazardous & medical wastes and strict government rules regarding bio-safety are the factors contributing to the industry growth during forecast period. • Global industry is segmented into products like vertical steam autoclaves, horizontal steam autoclaves, high pressure steam autoclaves and floor standing steam autoclaves. • Horizontal and vertical steam autoclaves contributed substantially to the global steam autoclaves market size by together contributing greater than 48% of the industry share for 2015. They were followed by floor standing steam autoclave and high pressure steam autoclave during that year.
Continued… • The industry is segmented into various applications including medical applications, dental applications and laboratory applications. Medical application led the application segment for 2015 and it was followed by laboratory & dental application segments. • The laboratory application segment is predicted to register highest CAGR of about 9.31% during forecast timeframe. Growing requirement for safely handling the rising menace of solid wastes and bio-hazardous wastes are the factors contributing to segment growth.
U.S. Steam Autoclaves Market Size, by application, 2013 - 2023 (USD Million)
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