Market Challenges And Opportunities

Sterilization devices are of a significant value as they ensure the absolute destruction and elimination of all forms of microbes. Autoclave is a majorly used sterilization device as it uses high temperature steam to sterilize a variety of solids and liquids. It is an effective, non-toxic and inexpensive method. The benefits offered were soon apparent and eventually it became an invaluable and integral part of every hospital and private clinic. Autoclaves are built to operate at high temperature range of 121-145⁰C, which enables steam to infiltrate materials and effectively decontaminate it. Autoclaves provide a number of display features for cycle documentation. These displays work in tandem with one another to specify how temperatures change based on treatment times. Autoclave equipment provides a benefit of exhaust fan features that function to dry decontaminated materials and evaporate moisture. These benefits of autoclaves are likely to drive the global autoclave market during the forecast period.

Low capital Investment, high returns leads to the growth of Autoclave Equipment Market:

One of the prominent factor driving the autoclave equipment market is the increase in the number of surgeries and endoscopic procedures. For instance, the Centers for Disease Control and Prevention, in U.S. as of 2015 states that 46.5 million surgeries and 5 million endoscopies are performed every year which require sterilization of the devices post-surgery. The Autoclave Equipment Market has witnessed growth over the years as it require low capital investment for installation, and is more efficient than other sterilizing equipment. The World Health Organization states that 7 out of 100 hospitalized patients acquire hospital acquired infection at any given time and one third of the ICU patients acquire hospital acquired infections (HAIs) due to the presence of a non-sterile environment in 2011. The Journal of the Royal Society Interface stated that more than 44 million cases of infectious diseases were reported globally between 1980- 2013. The global rise in the number of hospital-acquired infections and diseases, huge surge in surgical procedures has resulted in stringent safety regulations, leading to an increase in the demand for sterilization equipment in healthcare facilities.