Global Autoclave Market Demand, Growth & Revenue Opportunity (2016-2023)

Global Autoclave Market Overview

Owing to the wide range of industrial use of autoclave, global autoclave market is one of the most expanding markets across the globe. The term autoclave comes from two Greek roots meaning "self" and "locking", which refer to its powerful door. Autoclave is a container used to process parts and materials under the exposure of elevated pressure and temperature. Generally, saturated steam is injected into the device; the container has a very strong door to maintain an internal pressure and temperature.

Market size and forecast

The global autoclave market is anticipated to reach USD 2.3 billion by the end of 2023; the market is expected to witness a promising compound annual growth rate of 7.1% over the forecast period.

Asia Pacific region dominates the global autoclave market in terms of revenue share, Asia Pacific autoclave market is anticipated to reach USD 810 million by the end of 2023. This can be attributed towards the rapid migration of R&D companies in the region. International companies from Europe and North America are shifting their R&D laboratories in Asia Pacific region.

North America region is anticipated to reach USD 629 million by the end of 2023; the region market is majorly propelled by strong demand of autoclaves in healthcare sector.

Europe autoclave market is estimated to show a moderate growth over the forecast period owing to the economic breakdown in European countries. South Africa region is home for over 78% of the accredited laboratories within Africa, 15% of the laboratories are controlled by the public sector.

Autoclaves find their application in various industrial processes from medicine and mushroom to rocket science. Autoclave are used for cleaning of medical equipment that are reused for other patients, autoclave high pressure and temperature is ideal for killing germs on medical equipment’s. With the same nature of application, autoclaves are also used for cleaning of needles and instruments which are used by tattoo and piercing studios.

Market Segmentation

Our in-depth analysis segmented the global veterinary drug market in the following segments:

By Application

Aerospace
Pharmaceuticals and Healthcare
Agriculture
Tattooing and Body Piercing
Veterinary Science and others

By Capacity

50-200 litres
200-500 litres
500-1000 litres
1000-2000 litres
>2000 litres

By Technology

Dry Heat Autoclave
Steam Autoclave
Chemical Solution Autoclave
Glass Bead Autoclave

By Region

Global Autoclave market is further classified on the basis of region as follows:

North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Growth Drivers and challenges

Increasing industrial application coupled with strong demand of autoclaves in R&D projects is driving the autoclave market across the globe. Majority of the sales of autoclaves comes from research and industrial firms; this will further propel the market growth over the forecast period.

Government initiatives towards the sanitation and proper disposal of medical waste has forced the healthcare industry to adopt proper sanitation techniques, this has increased the demand of autoclaves in healthcare industry.

Increasing demand of autoclaves in tattooing and piercing industry, along with rising awareness of consumers towards spread of communicable diseases by equipment that are used in unhygienic manner is propelling the market growth across the globe.

High cost and regular maintenance associated with industrial and medical use of autoclave is major factor restraining the growth of global autoclave market.

Key Players

The key vendors of autoclave market are as follows:

Astell Scientific
- Stake holders Company Overview
- Key Product Offerings
- Business Strategy
- SWOT Analysis
- Financials
Benchmark Scientific
MELAG
Panasonic Biomedical
Tuttnauer
Getinge
Belimed
Sakura Seiki
Shinva
Steris Corporation

Scope and Context

Overview of the Parent Market

Analyst View

Segmentation

The Global Autoclave Market is segmented as follows:

By Product type Market Size and Y-O-Y Growth Analysis
By Source Market Size and Y-O-Y Growth Analysis

By Regions

North America (United States/U.S., Canada) Market Size and Y-O-Y Growth Analysis
Latin America (Mexico, Brazil, Rest of Latin America) Market Size and Y-O-Y Growth Analysis
Western and Eastern Europe (Germany, Italy, Spain, France, U.K, Benelux, Hungary, Rest Of Western Europe, Russia Poland, Rest of Eastern Europe) Market Size and Y-O-Y Growth Analysis
Asia-Pacific (China, India, Singapore, Japan, Australia and New Zealand and Rest of Asia) Market Size and Y-O-Y Growth Analysis
Middle East and North Africa (MENA) Market Size and Y-O-Y Growth Analysis
Rest of World Market Size and Y-O-Y Growth Analysis

Market Dynamics

Supply and Demand Risk

Competitive Landscape

Porter’s Five Force Model

Geographical Economic Activity

Key Players (respective SWOT Analysis) and their Strategies and Product Portfolio

Recent Trends and Developments

Industry Growth Drivers and Challenges

Key Information for Players to establish themselves in current dynamic environment