Global Disposable Aseptic Isolation Systems Market Size, Forecast, and Trend Highlights Over 2022 - 2031
The global disposable aseptic isolation market is estimated to garner a revenue of USD 2 Billion by the end of 2031 by growing at a CAGR of ~6% over the forecast period, i.e., 2022 – 2031. Further, the market generated significant revenue in the year 2021. The growth of the market can be attributed to the increase in production and employment in healthcare services. As per the U.S Bureau of Labor Statistics, total employment is estimated to raise up to 16% over the decade (2020-2030) with an increase of 2.6 million jobs. Additionally, the introduction of the latest products, technological advancements, and innovations in disposable aseptic isolation systems impacted the growth of the market.
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Further, the increased implementation of safe and contamination-free drugs during COVID-19 has created numerous growth opportunities for the global disposable aseptic isolation systems market. Companies in the field of aseptic isolator systems took the opportunity to produce more products and increase the availability of their products thus increasing the market growth. Additionally, the increase in the contribution made by the biopharmaceutical industry in the development of the world’s healthcare sector is projected to upsurge the market growth. The worldwide sales of biopharmaceutical products had shown a drastic growth in value from around USD 100 in 2001 to USD about 600 in 2018.
Global Disposable Aseptic Isolation Systems Market: Growth Drivers and Challenges
Growth Drivers
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Increase in Bio Pharmacy Industry – As per IFPMA 23 biopharmaceutical companies, in July 2020 partnered with non-governmental stakeholders to develop 4 novel antibiotics by launching USD 1 billion AMR (Anti-Microbial Resistance) Action Fund.
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Rising Use of Vaccines- According to Our World in Data 67.4% of the world population has received one dose of the COVID-19 vaccine. Globally, 12.47 billion doses have been administered and 5.05 million are now being administered each day.
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Increase in Research Labs - As per aggregate estimates of about 60 companies, the investment of the private sector for R&D dedicated to AMR-related products was more than USD 2 billion in 2018.
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Rise of COVID-19 – The COVID-19 vaccine output reached about 13 billion doses by the end of 2021 and is estimated to reach 25 billion by mid-2022.
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Increase Deaths from Contaminated Products – Nitrosamines, potent carcinogens are found as an impurity in medications such as ranitidine, nizatidine, ARBs, metformin, and other OTC drugs.
Challenges
- Higher Purchase Costs – Current health expenditure across the world was 10 (% of GDP) in 2019, up from 9 in 2017.
- Limited Flexibility
- Lack of Sanitation Awareness in Low-Income Countries – According to a report by UNICEF, in 2020, 2.3 billion lack basic sanitation services.
The global disposable aseptic isolation systems market is segmented and analyzed for demand and supply by end-user into pharmaceutical companies, hospitals, chemical industry, research institutes, biosafety laboratories, and others. Out of which, the pharmaceutical companies segment is anticipated to hold the largest market size by the end of 2031 on account of growing demand for pharmaceutical isolators in the pharmaceutical and biotechnological industries during the forecast period. Moreover, the increasing regulations, usage of aseptic methods, growing research laboratories, cost of noncompliance, rising usage of harmful materials, and advancements in the efficiency of isolators are expected to be major growth factors. The research and development expenditure (in GDP %) in 2021 amounted to 2.63% up from 2.13% in 2017.
Major Macro-Economic Indicators Impacting the Market Growth
According to the statistics by the World Health Organization, the global per capita healthcare expenditure amounted to USD 1,064.741 in the year 2017. The worldwide healthcare expenditure per person grew from USD 864.313 in 2008 to USD 1,110.841 in 2018, where the U.S. is the top country that amounted to healthcare expenditure of USD 10, 623.85 per capita in 2018. As of 2018, the domestic general government healthcare spending in the U.S. was USD 5,355.79, which grew from USD 3,515.82 in 2008. These are some of the factors responsible for market growth over the past few years. Moreover, as per the projections by the Centers for Medicare & Medicaid Services (CMS), the estimated average annual percent change related to National Health Expenditures (NHE) in the U.S. was 5.2% in 2020 as compared to 2019 (4.5%). Furthermore, National Health Expenditures are projected to reach USD 6,192.5 Billion in 2028, where the per capita expenditure is estimated to touch USD 17,611 in the same year. These are notable indicators that are anticipated to create lucrative business opportunities in upcoming years.
Global Disposable Aseptic Isolation Systems Market Regional Synopsis
Regionally, the global disposable aseptic isolation systems market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in North America region is projected to hold the largest market share by the end of 2031. Moreover, the growth of the market is attributed on the back of the great hold in the dominating position of the manufacturing industry, the adoption of disposable aseptic isolation systems in the field of biopharmaceuticals, and the rise of investment in medicines and healthcare. As per the IFMA report 2021, the global spending of the United States on medicines will increase from USD 485 billion in 2018 to USD 625-655 billion in 2023.
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The global disposable aseptic isolation systems market is further classified on the basis of region as follows:
- North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe), Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
- 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, Market Players Analysis & Opportunity Outlook
Market Segmentation
Our in-depth analysis of the global disposable aseptic isolation systems market includes the following segments:
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By Application |
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Top Featured Companies Dominating the Global Disposable Aseptic Isolation Systems Market
- Arjo Inc.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Famed Zywiec Sp. z o. o.
- GF Health Products, Inc.
- Getinge AB
- Hillrom Company Inc.
- Invacare Corporation
- LINET spol.s r.o.
- Malvestio Spa
- Merivaara Corporation
- Midmark Corporation
