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(Construction.IndustryNews247.Com, May 10, 2018 ) Global Cleanroom Technology Market includes Major Players: ATOMWISE INC., IBM WATSON HEALTH, ZEBRA MEDICAL VISION, CYRCADIA HEALTH INC., amongst others.
There has been increasing demand for certified products across the world. Various quality certifications such as ISO checks, National Safety and Quality Health Standards (NSQHS) are made mandatory for ensuring the standards of manufactured products. The rapid growth of healthcare sector in China, India and other major developing countries offer a plethora of opportunities for market growth.
Overall Growth in Biotechnology and Healthcare Spending in Major Markets
Growing awareness on the importance of cleanroom technology is expected to stimulate growth during the forecast period. Several emerging nations across the globe are increasingly mandating the use of cleanroom technology in the healthcare sector. Patient care and management is expected to have the highest share owing to growing awareness among applications.
Over the last few years, the average per-capita expenditure (in both developed and developing nations) has been estimated to grow faster than the average per-capita income. The spending levels are expected to undergo course correction during the forecast period. However, the average global healthcare spending has been pegged at 4% during the forecast period, the spending differs greatly among various nations. In 2014, the US healthcare spending surpassed USD 3 trillion, accounting for more than 5% of the overall spending, while China and other OECD nations have also been placing strong emphasis on healthcare spending. Several studies reveal that healthcare expenditure in several countries will double over the next three decades in order to meet the rising demand in the pharma and medical technology sector.
Cleanroom Air Showers One of the Prime Components for Cleanroom Technology
The average global healthcare spending has been estimated at 4% during the forecast period, the spending differs greatly among various nations. The US healthcare spending surpassed USD 3 trillion, accounting for more than 5% of the overall spending, while China and other OECD nations have also been placing strong emphasis on healthcare spending. Several studies reveal that healthcare expenditure in several countries will double over the next three decades in order to meet the rising demand in the pharma and medical technology sector. Quality monitoring, safety and energy efficiency of the systems are being improved, themselves proving reliable equipment to the users. The pharmaceutical industry is projected to be the largest consumer of the components with heavy deployment in R&D operations and testing environments. With the cases of chronic diseases growing all around the world, the spending on healthcare also witnessing positive trend. This is expected to majorly impact the deployment of cleanroom technologies.
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North America Is Expected to Have High Market Share for Cleanroom Technology
The manufacturing regulations and guidelines in the region also mandate biotechnology and pharmaceutical manufacturers to undertake all of their aseptic manufacturing operations in a cleanroom environment. This led to the increase in the adoption of cleanrooms in the region. Also, most of the global players in the healthcare industry have their research and development facilities in the United States. As these facilities utilize cleanroom technologies in order to deliver high quality results, the market is expected to grow with a substantial growth rate. In addition, with the increase in the development of new biologics, the need for controlled and aseptic environment facilities is increasing in the biotechnological industry, thus contributing to the growth of the cleanroom technology market.
Key Developments in the Market
January 2018 - Kimberly Clark is set to close two of its manufacturing plants as a part of its global restructuring program. The two plants are located at Neenah at cold spring facility and nonwovens. The closure of plants is expected to occur in the next 18 months. October 2017 - Ardmac has been involved in a rebranding initiative. The primary objective of the initiative has been the better exposure of company’s vision and mission across its various domains throughout the organization.
Reasons to Purchase this Report
• Examining the effects of adoption of cleanroom technology in market scenario • Analyzing various perspectives of the market with the help of Porter’s five forces analysis • The product type and application are expected to dominate the market have been predicted and analyzed in detail • Regions which are expected to witness the fastest growth during the forecast period have been predicted and analyzed in detail • Identify the latest developments, market shares and strategies employed by the major market players • 3 months analyst support along with the Market Estimate sheet (in excel)
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Companies Mentioned:
Dynarex corporation, Azbil corporation, Taikisha corporation, Kimberly Clark corporation, Ardmac ltd., Ansell healthcare, Clean air products, Illinois tool works Inc., ATS automation, Supermax corporation, Hartalega holdings berhad, Alpiq group
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Some Points from Table of Content: 1. Introduction 1.1 Key Study Deliverables 1.2 Key Study Assumptions 1.3 Market Definition
2. Research Methodology
3. Executive Summary
4. Market Dynamics 4.1 Market Overview 4.2 Market Drivers 4.2.1 Overall Growth in Biotechnology and Healthcare Spending in Major Markets 4.2.2 Rising Safety Products and Demand for Quality Products 4.2.3 Technological Advancements
5. Segmentation
6. Company Profiles 6.1 Dynarex Corporation 6.2 Azbil Corporation 6.3 Taikisha Corporation 6.4 Kimberly Clark Corporation 6.5 Ardmac Ltd 6.6 Ansell Healthcare 6.7 Clean Air Products 6.8 Illinois Tool Works Inc. 6.9 ATS Automation 6.10 Supermax Corporation Berhad 6.11 Hartalega Holdings Berhad 6.12 Alpiq Group
7. Investment Analysis 7.1 Recent Mergers and Acquisitions 7.2 Investment Scenario and Opportunities
8. Future of Cleanroom Technology Market
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