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CLEANROOM TECHNOLOGY MARKET ANALYSIS

Cleanroom Technology Market, By Type, By Product Type, By End User, and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

  • Published In : Aug 2023
  • Code : CMI4080
  • Pages :180
  • Formats :
      Excel and PDF
  • Industry : Medical Devices

Cleanroom Technology MarketSize and Trends

The global cleanroom technology market is estimated to be valued at US$ 4.75 Billion in 2023 and is expected to exhibit a CAGR of 4.5% during the forecast period (2023-2030). An increase in product launches by key market players is expected to drive the market growth over the forecast period. Moreover, rising demand for cleanrooms due to the emergence of contagious diseases

Figure 1. Global Cleanroom Technology Market Share (%), by Type, 2023

Global Cleanroom Technology Market- Driver

Increasing launch of cleanroom systems

The increasing launch of modular cleanroom systems by the key market players is expected to drive the global cleanroom technology market growth during the forecast period. For instance, in March 2023, TERMOVENT Komerc d.o.o., a company involved in the design, production, and installation of modular panel systems used in the field of cleanroom technology, announced that it has launched a new T-cell modular cleanroom system for use during the manufacturing of medical devices and instruments that requires a controlled environment.

Rising demand for cleanrooms due to the emergence of contagious diseases

The demand for cleanroom technology is expected to increase owing to the increase in the emergence of various contagious diseases such as COVID-19, influenza, dengue, and others. The rise in the prevalence of such contagious diseases is expected to increase the demand for solutions to mitigate such disease, and thus will increase the use of cleanrooms for the manufacturing of pharmaceutical products and biologics. For instance, according to data published by World Health Organization (WHO), on July 7, 2023, the infection of Enterovirus-Echovirus 11 (E-11 infection) is rising rapidly in European countries. As of June 26, 2023, Croatia, Italy, Spain, Sweden, and the U.K. have reported confirmed cases of E-11 infection.

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