The Global Steam Autoclave Market is expected to grow significantly over the forecast period. It is anticipated that the market held a valuation of USD 1.78 billion in 2017 and is projected to grow at a CAGR of 8.9% over the forecast period. Steam autoclaves are used for sterilization purposes. The process of steam autoclaving is non-toxic and inexpensive. The materials that need to be sterilized are subjected to steam in the steam autoclave at high pressure for 15 to 20 minutes.
The factors such as the growing prevalence of nosocomial infections and rising healthcare expenditure are expected to propel the growth of the market. However, rising trends for disposable products and stringent government regulations can hamper the market growth over the forecast period.
Segmentation
The Global Steam Autoclave Market has been segmented into product type, technology, end user, and application.
The market, on the basis of product type, has been segmented into tabletop, vertical, horizontal, floor standing and high pressure.
The market, by technology, has been segmented into gravity displacement, pre-vacuum, and steam flush pressure pulse. By technology, gravity displacement segment is expected to hold the largest share owing to its easy to use the feature and obstacle-free penetration. Pre-vacuum technology is anticipated to grow at the fastest CAGR due to rising demand for the technology and high effectiveness in sterilizing porous substances.
The market, by end user, has been segmented into hospitals & clinics, healthcare organizations, academic & research institutes, and other end users.
The market, by application, has been segmented into medical, dental, laboratory and others.
Key Players
Belimed, BMM Weston Ltd., Getinge AB, LTE Scientific Ltd, PHC Corporation, Priorclave Ltd., Tuttnauer, STERIS plc, Astell Scientific, ZIRBUS technology GmbH, Accumax India, Consolidated Sterilizer Systems, MATACHANA GROUP, Sterigenics International LLC, Mar Cor Purification Inc. are some of the key players in the global steam autoclave market.
Global Steam Autoclave Market, by Product
Global Steam Autoclave Market, by Technology
Global Steam Autoclave Market, by End User
Global Steam Autoclave Market, by Application
Global Steam Autoclave Market, by Region
Intended Audience