Research Nester published a report titled Steam Autoclaves Market: Global Demand Analysis & Opportunity Outlook 2031which delivers detailed overview of the global steam autoclaves market in terms of market segmentation by product type, technology, application, and by region.

Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.

The global steam autoclaves market is estimated to grow at a CAGR of ~5% over the forecast period, i.e., 2022 – 2031. The market is segmented on the basis of application, into hospital, medical laboratory, research centers, and others. Out of these, the hospital segment is anticipated to hold the notable share over the forecast period on account of the large variety in the types of communicable and non-communicable diseases, and high patient pool in hospitals.

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The global steam autoclaves market is anticipated to grow on the back of need for sterilization of medical equipment, and growing adoption of steam sterilization in healthcare sector. Moreover, growing threat from untreated medical waste is estimated to boost the market growth. In addition to this, rising prevalence of hospital-acquired infections amongst the patients, is further anticipated to propel the market growth. According to the data by World Health Organization (WHO), about 30% of the patients in intensive care units (ICU) are affected by at least one health care-associated infection in developed countries.

On the basis of geographical analysis, the global steam autoclaves market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. The market in the North America region is anticipated to gain the largest market share throughout the forecast period on account of the high adoption of advanced technologies in the healthcare sector. Furthermore, the increasing health expenditure and investment in R&D activities, is estimated to fuel the market growth.

The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report.

Increasing Prevalence of Hospital-Acquired Infections to Boost the Market Growth

According to the data by the WHO, out of every 100 hospitalized patients, 7 in developed and 10 in developing countries are estimated to acquire at least one health care-associated infection.

The rising prevalence of infections acquired from hospitals, caused by use of unsterilized equipment, is estimated to primarily drive the market growth. Steam autoclaves deliver easy and complete disinfection of medical devices, which is further estimated to boost the market growth.

However, high cost of steam autoclaves, and lack of sanitation awareness in low and middle-income countries expected to operate as key restraint to the growth of global steam autoclaves market over the forecast period.

This report also provides the existing competitive scenario of some of the key players of the global steam autoclaves market which includes company profiling of Steris Corporation, Zirbus technology GmbH, Priorclave Ltd., Matachana Group, LTE Scientific Ltd., Getinge Infection Control AB, BMM Weston Ltd., Astell Scientific Ltd., and Accumax India. The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global steam autoclaves market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.     

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