What Drives Cleanroom Technology Market from 2014?

Cleanroom boasts of controlled environment in a manufacturing unit. It controls the atmospheric particles to a predetermined limit. The basic function of these rooms is to control airborne contaminations caused by processes, people, equipment and facilities. Over the past few years, demand for these rooms has increased exponentially. Strong rise in demand from the healthcare industry is expected to create potential growth opportunities for the overall cleanroom technology market. According to the experts, the global industry for this technology is expected to maintain steady growth. Despite major fragmentation in the healthcare industry, this market is projected to witness potential growth opportunities in the next few years.

Segmentation in Cleanroom Technology Market

Researchers segment the global market on the basis of the types of technology, construction, end-users and geographic region. The types of technology in the cleanroom technology market are categorized into two basic sections, namely, consumables and equipment. The equipment segment includes HEPA filters, fan filter units, laminar air flow systems and biosafety cabinets, HVAC systems, and air diffusers and showers. The consumables are further divided into two segments, namely, safety consumables (gloves, apparels, and others) and cleaning consumables (wipes, disinfectants, vacuum systems, and others).

On the basis of construction technologies, the market is divided into softwall cleanrooms, standard/drywall cleanrooms, hardwall cleanrooms and terminal boxes or pass-through cabinets. Major end-users in the market include hospitals, medical device manufacturers, pharmaceutical and biotechnology industries and others. Geographic segments of the market include Asia Pacific, North America, Europe, and rest of the world. The rest of the world region includes regions like Middle East, Latin America and Africa.

Future Growth in the Market

According to the experts, the global healthcare cleanroom market is strongly driven by four driving factors. These factors include emergence of biologics and favorable regulations across the world, especially in the healthcare sector. Rapidly rising demand for sterilized pharmaceutical formulations is also considered to be a strong growth driver for the global market. Apart from that, technological advancements in the global market are also expected to create potential growth opportunities for the market.

Increasing demand for energy-efficient cleanrooms and growth in emerging markets are also expected to play crucial role in the rising demand for this technology market in the years to come. Major restraints for the market include high costs and customized designs of the cleanrooms that are suitable for the clients around the world. However, researchers are expecting the cleanroom technology market to grow at a steady CAGR of over 5% from 2014 to 2019.

At the projected growth rate, the market is set to become worth $3,761.9 million by the end of 2019. North America is expected to dominate the global industry in terms of market share. However, emerging markets are poised to witness impressive growth in terms of CAGR.