Overview
Autoclaves are enclosed chambers that are used to sterilize surgical tools and equipment. Steam sterilization is a non-toxic, low-cost method of removing germs and spores. Steam sterilization relies on four variables: steam, pressure, temperature, and spectral composition. In the workplace, the autoclave is commonly used for media preparation, pharmaceutical goods, and controlled medical waste. Steam autoclaves are classified into two categories depending on their operating principles: gravity displacement autoclaves and high-speed pre-vacuum sterilizers. The growing incidence of hospital-acquired infectious illnesses, technical advancements, and the growing number of medical facilities, labs, and other institutions are all driving the global steam autoclave market.
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Drivers
Over the forecast period, new product introductions with improved technology are anticipated to boost the global steam autoclave market growth. Astella Scientific introduced a touch screen-based controller with analogue and digital input/output components for their autoclave lines in 2016. With a user interface, cycle option, and cust administration, the controller software improves the speed and management of load cycles. It can retain up to 5,000 cycles of historical data and may be viewed or downloaded through a USB connection. To be competitive in the expanding autoclave industry, manufacturers are focused on providing high-capacity steam autoclaves at cheap pricing.
The global steam autoclave market is projected to expand due to the rising frequency of hospital-acquired infections (HAIs). According to a World Health Organization (WHO) publication, 7 out of 100 hospitalized patients in industrialized nations contract one of the other healthcare-associated infections, but the percentage in developing nations is 10 out of 100. These are projected to be key drivers of rising demand for surgical tool sterilization, healthcare waste management, and other consumables.
Furthermore, the global steam autoclave market is anticipated to rise due to an increase in the number of surgical operations performed and a desire for minimally invasive surgical procedures. According to a report published by the Centers for Disease Control and Prevention (CDC) in 2014, about 4.7 million individuals in the U.S. had total knee arthroplasty and 2.5 million had total hip arthroplasty.
The expansion of the global steam autoclave market is projected to be fueled by rapidly rising clinical waste and hazardous bio-medical waste. Hospitals in the United States create approximately 5.9 million tons of garbage each year, according to BioMedical Waste Solutions, LLC. According to the same source, each staffed bed generates 33 pounds of medical waste every day.
Additionally, governments in different nations are emphasizing on appropriate medical waste management, which is projected to promote the growth of the global steam autoclave market. The U.S. government spent about US$ 2.5 billion in 2012 on safe medical waste management.
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Restraint
The rising usage of disposable goods in healthcare facilities, as well as the high cost of large-capacity autoclaves used in pharmaceutical businesses and research laboratories, are projected to prevent the progression of the global steam autoclave market.
Regional Insights
Due to the high prevalence of hospital acquired illnesses, North America is expected to dominate the global steam autoclave market, trailed by Europe. Regulatory authorities’ strict sterilization and disinfection standards for medical waste disposal would boost the number of autoclave installations by waste management agencies, helping the market’s expansion in these areas. During the forecast period, Asia Pacific is predicted to be the fastest growing region in the global steam autoclaves market, owing to an increase in surgical operations combined with the growing medical tourism. Patients are drawn to India and China due to the reduced cost of surgery, which improves surgical operations in these nations.
Competitive Landscape
Major companies contributing in the global steam autoclave market include Getinge Infection Control AB, BMM Weston Holdings Ltd., Dental X spa, ERYIGIT A.S., Steelco S.P.A., Hanshin Medical Co., Ltd., Tuttnauer Co. Ltd., Belimed AG, and BMT Medical Technology.
Mergers and acquisitions are two of the most common methods used by market participants to retain their competitive position. Bondtech Corp., an autoclave manufacturer, and World Autoclave Solutions announced their merger in 2017, with the goal of providing a cost-effective autoclave solution for all engineering settings.
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Table of Content
Global Steam Autoclave Market Research Report
Section 1: Global Steam Autoclave Industry Overview
Section 2: Global Economic Impact on Steam Autoclave Industry
Section 3: Global Market Competition by Industry Producers
Section 4: Global Productions, Revenue (Value), according to Regions
Section 5: Global Supplies (Production), Consumption, Export, Import, geographically
Section 6: Global Productions, Revenue (Value), Price Trend, Product Type
Section 7: Global Market Analysis, on the basis of Application
Section 8: Steam Autoclave Market Pricing Analysis
Section 9: Market Chain, Sourcing Strategy and Downstream Buyers
Section 10: Strategies and key policies by Distributors/Suppliers/Traders
Section 11: Key Marketing Strategy Analysis, by Market Vendors
Section 12: Market Effect Factors Analysis
Section 13: Global Steam Autoclave Market Forecast
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