Cleanroom Technology Market to Reach $5 Billion by 2023
Cleanroom Technology Market Cleanroom technology marketCleanroom technology market is forecasted to attain $5 billion value by 2023, growing at a CAGR of 5.7% during The growth in the market is likely to be led by increased demand for certified products, rising healthcare expenditure, technological advancements in cleanrooms, rising demand from pharmaceutical, biotech, and medical devices industries, and favorable healthcare regulations. Explore Report at: analysis/cleanroom-technology-markethttps:// analysis/cleanroom-technology-market
In terms of technology type, the cleanroom technology market has been categorized as equipment and consumables, where consumables occupied a larger share in the global market in Consumables are cheaper and do not involve any installation and maintenance cost, as compared to the equipment used in cleanrooms. The equipment used in cleanroom technology industry include heating, ventilating, and air conditioning (HVAC) systems, high-efficiency particulate air (HEPA) filters, fan filter units (FFUs), laminar air flow systems and biosafety cabinets, air diffusers and showers, and other equipment, among these the HVAC systems held the largest share in the market, in Cleanroom Technology Market
Cleanroom technology products are mainly used in the pharmaceutical, biotechnology, and medical devices industries, with some of the other users being hospitals, research laboratories and academic institutions. Pharmaceutical industry contributed the largest share to the cleanroom technology market and its growth is mainly attributable to the presence of a large number of biopharmaceutical companies, which further leads to a high production of finished pharmaceutical products, worldwide. Pre-Purchase Inquiry at: url=cleanroom-technology-market url=cleanroom-technology-market Cleanroom Technology Market
North America generated the maximum revenue in the cleanroom technology market, mainly attributable to the increased adoption of cleanroom technology products due to their benefits. HEPA filters are efficient in removing microbes from the air that is expelled out from the industries. According to an article published in 2008 by the U.S. Food and Drug Association (USFDA), HEPA filters are mainly used by the companies that are involved in the manufacturing, processing, and packaging of frozen foods. These filters have an efficiency of 99.97% to 99.99%, which prevents contamination from harmful microorganisms such as L.monocytogenes, a bacterium responsible for spoiling food. Some of the other key players operating in the cleanroom technology market include M+W Group GmbH, E.I. du Pont de Nemours and Company, Kimberly-Clark Corporation, Taikisha Ltd., Azbil Corporation, Illinois Tool Works Inc., Ardmac Ltd., and Alpiq Group. Cleanroom Technology Market
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