Coherent Market Insights

Portable Steam Autoclave Market to Surpass US$ 2.90 Bn by 2030

Portable Steam Autoclave Market to Surpass US$ 2.90 Bn by 2030 - Coherent Market Insights

Publish In: Jan 17, 2024

Global Portable Steam Autoclave Market, By Product Type (Tabletop Autoclave, Freestanding Autoclave, Chamber Autoclave, and Others (Automatic Autoclave, etc.)), By End User (Hospitals, Clinics, Pharmaceutical Companies, Research Laboratories, and Others (Veterinary Clinics, etc.)) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) is estimated to be valued at US$ 1.62 Bn in 2023, and is expected to exhibit a CAGR of 8.7% during the forecast period (2023-2030), as highlighted in a new report published by Coherent Market Insights.

Portable steam autoclaves are compact, lightweight sterilization equipment that are used for disinfecting medical and surgical instruments. These are widely used in hospitals, clinics, diagnostic centers, and other healthcare facilities to sterilize various medical equipment and devices.

Global portable steam autoclave market is expected to witness significant growth due to rising medical tourism industry globally. Many developing countries are promoting medical tourism by providing quality healthcare at affordable prices. This has increased demand for portable sterilization equipment across small hospitals and clinics in such countries. Furthermore, technological advancements are leading to the development of compact and easy to use portable steam autoclaves. Various autoclave manufacturers are focusing on integrating innovative features such as LCD displays, advanced controls and light weight designs to increase adoption in home healthcare settings.

Global Portable Steam Autoclave Market – Impact of Coronavirus (COVID-19) Pandemic

The World Health Organization (WHO) designated the illness caused by the Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2), which first appeared in Wuhan (province of Hubei, China), in the last months of 2019, as "coronavirus disease 2019" or COVID-19. This virus spreads quickly, and had a serious negative impact on the economies, social behaviors, and healthcare of every country in the world.

COVID-19 affected the economy in three main ways: by directly affecting production and demand, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to the lockdown, several countries, such as India, China, Brazil, and others faced problems regarding transportation of things from one place to another.

Furthermore, key market players operating in the global portable steam autoclave market faced major challenges on various fronts due to the COVID-19 pandemic. The major challenges include the supply of raw materials required for manufacturing portable steam autoclave, due to irregularities in transportation facilities. Moreover, distributors of portable steam autoclave were experiencing irregular demand for products from retailers.

Global Portable Steam Autoclave Market: Key Developments

On February 27, 2023, Tuttnauer, a medical equipment manufacturer, has launched the T-Classic 9, a 9-liter, lightweight, portable steam autoclave designed as a cost-effective sterilization solution. The T-Classic 9 is fully automatic with an easy 1-touch operation, delivering short cycles starting at 18 minutes.

Various regulatory agencies are implementing stringent guidelines and parameters to control hospital-acquired infections and provide procedures for optimum sterilization norms to prevent transmission of infections from medical equipment and glassware. For instance, Centre for Disease Control (CDC), in February 2018, updated its guidelines for disinfection and sterilization in healthcare facilities. This guideline has set various procedures for sterilization of various medical equipment and laboratory ware using autoclave in order to prevent any nosocomial infection.

Browse 32 Market Data Tables and 24 Figures spread through 140 Pages and in-depth TOC on “Global Portable Steam Autoclave Market”- Forecast to 2030, Global Portable Steam Autoclave Market, By Product Type (Tabletop Autoclave, Freestanding Autoclave, Chamber Autoclave, and Others (Automatic Autoclave, etc.)), By End User (Hospitals, Clinics, Pharmaceutical Companies, Research Laboratories, and Others (Veterinary Clinics, etc.)) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Link: https://www.coherentmarketinsights.com/market-insight/portable-steam-autoclave-market-1964

Key Takeaways of the Global Portable Steam Autoclave Market:

  • Global portable steam autoclave market is expected to exhibit a CAGR of 8.7% during the forecast period. Development of compact and lightweight autoclaves offers lucrative growth opportunities for players in the global portable steam autoclave market. As healthcare facility expand to rural and remote communities, there is an need for reliable and affordable sterilization equipment that can easily be transported for mobile clinics or field hospitals. Compact autoclaves that take up less space, and are lighter weight would allow for broader outreach into areas far from major medical centers. This could help to tackle issues like surgical site infections that disproportionately impact areas with limited infrastructure and resources.
  • By product type, tabletop autoclave segment dominates the market due to increasing adoption in healthcare settings like small clinics and laboratories. According to World Health Organization, over half of basic healthcare facilities in developing nations are primary care centers or small clinics with limited space for large medical equipment. Tabletop autoclaves require very small floor area and this has boosted its uptake in such facilities. The portability offered by tabletop autoclaves allows for easy movement within healthcare centers and between treatment rooms. This makes sterilization of reusable medical supplies more efficient. Several non-profit public health organizations working globally have recommended tabletop autoclaves for basic sterilization needs in under-resourced clinics. Their low installation and maintenance costs compared to larger autoclaves also contribute to the leadership of this segment.
  • Among region, North America is expected to be the dominant region in the global portable steam autoclave market. The region accounts for the largest market share due to strong healthcare infrastructure and wide acceptance of advanced sterilization technologies among medical facilities. With the presence of leading autoclave manufacturers and high purchasing power of hospitals and clinics, demand for portable autoclaves remains robust. Moreover, strict regulations surrounding sterilization compliance for critical surgical equipment further boosts adoption.
  • Major players operating in the global portable steam autoclave market are Steris, Getinge, Belimed, LTE Scientific. Systec, Tuttnauer, MELAG. Sakura Seiki, Astell, Hanshin Medical, and Priorclave

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