Steam Autoclaves Market 2021-2027 | Growth Forecast & Industry Share Report

1. Steam Autoclaves Market Study by Regional Outlook and Competitive Landscape to 2027 • The steam autoclaves market demand will be driven by the growing adoption of CSSD (Central Sterile Supply Department) in the healthcare sector across emerging economies. The importance of CSSD has been identified Exponential increasing HAI (hospital-acquired infections) in hospitals. The hospitals are establishing strict quality control processes with the latest technology and an adequate set-up of CSSD to combat HAIs. • Global Market Insights estimates that the steam autoclaves market size is expected to exceed USD 4.1 billion by 2027. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

2. The steam autoclaves market is segmented into hospitals, healthcare companies, clinics, research and academic institutions, and others based on end-use. Research and academic institutions segment held for a considerable market share in 2020, and was valued at more than USD 310 million. Research-grade autoclaves are required in research institutions for conducting experiments involving microorganisms. Rising number of research and academic institutions is further expected to augment the demand for steam autoclave, augmenting its market share in the coming years. • Basically, the central sterile supply department is engaged in processing, receiving, controlling, storing, and distributing the expert sterile and non-sterile equipment and supplies for all units of clinics to give enhanced security and care to patients under strict quality control. • Companies are focusing on initiating new strategic initiatives to stay competitive in the market. For instance, in January 2019, Astell Scientific launched a new range of benchtop autoclaves that feature closed-door drying and comes in 3 variants: 33, 43, and 63 liters. This new product launch will empower the organization to enhance its customer base. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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4. Regional Analysis • The Brazil steam autoclaves market will witness lucrative growth owing to increasing number of measures being taken for proper disposal of biomedical waste to prevent the spread of infectious diseases. Establishment of new biopharmaceutical companies and healthcare facilities in the region may contribute to an increase in demand for steam autoclaves. As per a report, the Brazil steam autoclaves market is anticipated to expand at 10.5% CAGR and forecast analogous growth trends in the coming years. Furthermore, increasing adoption of CSSD (Central Sterile Supply Department) may also facilitate the market to grow in the region. • Competitive Analysis • Some of the major players operating in the steam autoclaves industry are Getinge Infection Control AB, BMM Weston Ltd., LTE Scientific Ltd., Astell Scientific, Dental X, Belimed Deutschland GmbH, STERISHRED, CELITRON Medical Technologies, and Consolidated Sterilizer Systems, among others. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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