USD 2.5 billion
Steam Autoclaves Market Size, Share, Growth Analysis, By Product(Traditional gravity displacement autoclaves and pre-vacuum autoclaves), By End user(Hospitals, clinics, pharmaceutical companies, and academic institutes), By Application(Healthcare, laboratories, and dental facilities), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35A2426 |
Region:
Global |
Published Date: February, 2024
Pages:
157
|Tables:
89
|Figures:
76
Steam Autoclaves Market Insights
Steam Autoclaves Market size was valued at USD 2.5 billion in 2022 and is poised to grow from USD 2.71 billion in 2023 to USD 5.20 billion by 2031, at a CAGR of 8.5% during the forecast period (2024-2031).
The global steam autoclaves market was experiencing steady growth, driven by increasing demand for sterilization and infection control across various industries, including healthcare, research laboratories, and pharmaceuticals.
The market was characterized by the adoption of advanced technologies, such as pre-vacuum and gravity displacement autoclaves, to enhance efficiency and ensure better sterilization outcomes.
North America and Europe were prominent regions due to their well-established healthcare infrastructure, while Asia-Pacific showed significant potential for growth with rising healthcare expenditures and increased awareness of infection control measures.
US Steam Autoclaves Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2024-2031
Global Market Size
Largest Segment
hospitals
Fastest Growth
hospitals
Growth Rate
8.5% CAGR
Global steam autoclaves market by region
Country Share for North America (%)
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Steam Autoclaves Market Segmental Analysis
The global steam autoclaves market can be segmented based on product type, application, end-user, and region. In terms of product type, the market includes traditional gravity displacement autoclaves and pre-vacuum autoclaves. Application-wise, it caters to various sectors such as healthcare, laboratories, and dental facilities. The end-user segment comprises hospitals, clinics, pharmaceutical companies, and academic institutes. Geographically, the market spans North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.
Steam Autoclaves Market Analysis By Product
Among the largest sectors, the medical industry stands out as a significant contributor to the market's growth. Hospitals, clinics, and healthcare facilities rely heavily on steam autoclaves to maintain stringent hygiene standards and prevent the spread of infections. The fastest-growing sectors in the steam autoclaves market include the laboratory and research segment. As research and development activities continue to expand in various scientific disciplines, demand for autoclaves in research laboratories, educational institutions, and biotechnology companies rises correspondingly.
Steam Autoclaves Market Analysis By End user
The largest sector for steam autoclaves is the healthcare industry. Hospitals, clinics, and other healthcare facilities rely heavily on autoclaves for the sterilization of medical equipment, ensuring infection control and patient safety. The increasing emphasis on maintaining a sterile environment to combat healthcare-associated infections propels the demand in this sector. The fastest-growing sector is likely the pharmaceutical industry. With the rising production of vaccines, drugs, and other medical products, the need for reliable sterilization equipment becomes paramount.
Global steam autoclaves market by end-user
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Steam Autoclaves Market Regional Insights
The global steam autoclaves market exhibited promising regional insights. North America dominated the market due to well-established healthcare infrastructure and rising adoption of advanced sterilization techniques in medical facilities. Europe followed suit, driven by increased awareness of infection control and safety measures in healthcare settings. The Asia-Pacific region witnessed significant growth, supported by expanding healthcare facilities and a surge in the number of healthcare-associated infections. Meanwhile, Latin America and the Middle East & Africa showed steady growth prospects due to growing investments in healthcare infrastructure and increased emphasis on sterilization practices.
Global steam autoclaves market by geography
- Largest
- Fastest
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Steam Autoclaves Market Dynamics
Steam Autoclaves Market Drivers
Increased Healthcare Infrastructure Investment
- One of the key drivers propelling the global steam autoclaves market is the continuous advancements in healthcare infrastructure worldwide. As healthcare facilities strive to enhance their sterilization processes, there is an increasing demand for reliable and efficient autoclaves. The growing number of hospitals, clinics, and research laboratories, coupled with the rising awareness about the importance of infection control, fuels the adoption of steam autoclaves. Additionally, the emergence of advanced technologies in the field, such as automated control systems, faster sterilization cycles, and improved user interfaces, further accelerates market growth. The need to combat healthcare-associated infections and ensure patient safety drives healthcare providers to invest in cutting-edge autoclave equipment.
Steam Autoclaves Market Restraints
High Investment Cost
- One significant restraint hindering the growth of the global steam autoclaves market is the high initial investment and ongoing operating costs associated with these devices. Steam autoclaves are sophisticated equipment that requires substantial financial resources to acquire and set up. Moreover, the regular maintenance, calibration, and periodic replacement of components add to the overall operational expenses. These costs can be particularly burdensome for small healthcare facilities and research laboratories with limited budgets. As a result, some end-users might opt for alternative sterilization methods or delay upgrading their autoclaves, impacting the market's expansion to some extent. Manufacturers are continuously exploring cost-effective solutions to address this challenge and make autoclaves more accessible to a broader range of end-users.
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Steam Autoclaves Market Competitive Landscape
The global steam autoclaves market was characterized by intense competition among key players. Established companies and new entrants were vying for market share by offering innovative products, optimizing sterilization processes, and expanding their distribution networks. Factors influencing competitiveness included product quality, technological advancements, pricing strategies, regulatory compliance, and after-sales support. Additionally, partnerships, acquisitions, and product diversification played crucial roles in shaping the competitive landscape. Market players were also focusing on sustainability and eco-friendly solutions to cater to the growing demand for environmentally responsible autoclaves.
Steam Autoclaves Market Top Player’s Company Profiles
- STERIS Corporation - USA
- Getinge Group - Sweden
- Tuttnauer Co. Ltd. - Israel
- Belimed AG - Switzerland
- 3M Health Care - USA
- Matachana Group - Spain
- Priorclave Ltd. - United Kingdom
- Systec GmbH - Germany
- Panasonic Healthcare Co., Ltd. - Japan
- MMM Group - Germany
- Astell Scientific - United Kingdom
- Benchmark Scientific Inc. - USA
- Melag Medizintechnik - Germany
- Consolidated Sterilizer Systems - USA
- Shinva Medical Instrument Co. Ltd. - China
- Cantel Medical Corp. - USA
- Systec Mediaprep GmbH - Germany
- LTE Scientific Ltd. - United Kingdom
- Rodwell Autoclave Co. Ltd. - United Kingdom
- Sakura Seiki Co., Ltd. - Japan
Steam Autoclaves Market Recent Developments
- In April, 2022 Priorclave, a European manufacturer of table-top autoclaves, unveiled two versions with 40L and 60L capacity.
Steam Autoclaves Key Market Trends
- The global steam autoclaves market was witnessing several key market trends. Firstly, there was an increasing demand for steam autoclaves in healthcare facilities due to their essential role in sterilizing medical instruments and equipment. Additionally, advancements in technology led to the development of more efficient and automated autoclaves, improving overall productivity and reducing manual labor. Moreover, the growing focus on infection control and patient safety further fueled the adoption of steam autoclaves across various industries, including pharmaceuticals and laboratories.
Steam Autoclaves Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Product types team that Collects, Collates, Co-relates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our analysis, the global steam autoclaves market is poised for a promising future with increasing demand across various industries. As stringent sterilization standards become essential in healthcare, pharmaceutical, and research sectors, the adoption of steam autoclaves is expected to surge. Additionally, rising awareness regarding infection control in healthcare facilities and the need for effective biohazard waste management will further drive market growth. Technological advancements, such as the integration of IoT and automation, are anticipated to enhance efficiency and streamline operations, attracting more end-users. Moreover, the growing prevalence of infectious diseases and the expansion of the biotechnology industry will create a conducive environment for market expansion. Key players' focus on product innovation, cost-effectiveness, and eco-friendly solutions will play a vital role in shaping the future landscape of the global steam autoclaves market.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 2.5 billion |
| Market size value in 2031 | USD 5.20 billion |
| Growth Rate | 8.5% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Steam Autoclaves Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Steam Autoclaves Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Steam Autoclaves Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Steam Autoclaves Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Steam Autoclaves Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Steam Autoclaves Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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