Autoclaves are used to sterilize diagnostic equipment, laboratory glassware, and surgical instruments by subjecting them to high-pressure steam at 249ºF for 15-20 minutes, based on the nature of the material inside. The use of an autoclave for sterilizing materials and for treating biomedical waste is fast, safe, and convenient. Autoclaves are commonly used in laboratories and medical facilities. The most common type of autoclave is a metallic cylindrical vessel with temperature and pressure control knobs or switches on top.
Technavio’s analysts forecast the global autoclave market to grow at a CAGR of 7.23% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global autoclave market for 2016-2020. The market size was calculated from the revenue generated from the sales of autoclaves.
The market is divided into the following segments based on geography:
Technavio Announces the Publication of its Research Report – Global Autoclave Market 2016-2020
Technavio recognizes the following companies as the key players in the Global Autoclave Market: Astell Scientific Ltd., Benchmark Scientific Inc., MELAG Medizintechnik oHG, Panasonic Biomedical Sales Europe B.V., and Tuttnauer Europe B.V.
Other Prominent Vendors in the market are: Advanced Sterilization Products (ASP), BMM Weston, Carolina Biological Supply Company, Cisa Production, Cole-Parmer, Getinge Group, LTE Scientific, Matachana, Medisafe International, Priorclave, STERIS, Thermo Scientific, and Yamato Scientific.
Commenting on the report, an analyst from Technavio’s team said: “Improved functioning of autoclaves, in terms of energy and water consumption, will be seen in the market during the forecast period. Autoclaves usually run throughout the day and also overnight even if the chamber is empty in order to maintain steam and temperatures efficiently. The use of controllers allows the equipment to be warmed up remotely to ensure minimum energy consumption while not compromising on performance. Superior insulation is another method that will reduce energy consumption during its functioning.”
According to the report, the growth of the global autoclave market is attributed to the anticipated growth in R&D expenditure between 2015 and 2020. With the economies of developing countries growing faster than those of developed countries, these emerging economies will have more research facilities being set up over the next five years, which in turn will lead to a rise in demand for autoclaves and other commonly used laboratory equipment.
Further, the report states that the major factor inhibiting the growth of this market is the low frequency of repurchase.
Astell Scientific Ltd., Benchmark Scientific Inc., MELAG Medizintechnik oHG, Panasonic Biomedical Sales Europe B.V., Tuttnauer Europe B.V, Advanced Sterilization Products (ASP), BMM Weston, Carolina Biological Supply Company, Cisa Production, Cole-Parmer, Getinge Group, LTE Scientific, Matachana, Medisafe International, Priorclave, STERIS, Thermo Scientific, Yamato Scientific.
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