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Cleanroom Technology Market Size (6.9% CAGR) from 2021 to 2028 COVID-19 Impact and Global Analysis by The Insight Partners

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Cleanroom Technology Market Size (6.9% CAGR) from 2021 to 2028 COVID-19 Impact and Global Analysis by The Insight Partners

November 16
19:16 2021
Cleanroom Technology Market Size (6.9% CAGR) from 2021 to 2028 COVID-19 Impact and Global Analysis by The Insight Partners
Lucrative Regions for Cleanroom Technology Market
Cleanroom Technology Market to Grow at a CAGR of 6.9% to reach US$ 8,356.97 million from 2021 to 2028

According to The Insight Partners latest market research study on “Cleanroom Technology Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type, Construction Type, End Use” The report highlights the market trends, drivers, and deterrents. A few key factors such as increasing adoption in the biopharmaceuticals industry and technological advancements in cleanrooms drive the market growth. However, the complexity and high costs associated with cleanrooms hinder the market growth.

Cleanroom is controlled environment that has a low level of pollutants such as air-borne microbes and particles, dust, aerosols, which contaminate the surrounding area. Industries use cleanroom technology to avoid the adverse effects that can be caused by the air pollutants and small particles in the product manufacturing process.

Get Sample PDF Copy Along with TOC of Cleanroom Technology Market at: https://www.theinsightpartners.com/sample/TIPRE00004183/

Strategic Insights

Report Coverage             

Details

Market Size Value in      

US$ 5,233.63 million in 2021

Market Size Value by    

US$ 8,356.97 million by 2028

Growth Rate     

CAGR of 6.9% from 2021-2028

Forecast Period

2021-2028

Base Year           

2021

No. of Pages     

204

No. Tables          

138

Segments covered         

Type, Construction Type, End User and Geography

Regional scope 

North America; Europe; Asia Pacific; Latin America; MEA

Country scope  

US, UK, Canada, Germany, France, Italy, Australia, Russia, China, Japan, South Korea, Saudi Arabia, Brazil, Argentina

Report coverage             

Revenue forecast, company ranking, competitive landscape, growth factors, and trends

Increasing Adoption in Biopharmaceuticals Industry and Technological Advancements in Cleanrooms Drive Cleanroom Technology Market Growth

Governments and private organizations have pumped funds to support research for niche healthcare products. Furthermore, increasing healthcare expenditure is another factor boosting the growth of the cleanroom technology market. As per the report of the National Health Service (NHS), per capita health expenditure on health research, medical services, and central & other health services in England was increased to US$ 2,800 in 2016 from about US$ 2,500 in 2012. Moreover. continuous developments in the research in the country would drive the market growth during the forecast period.

Besides, the pharmaceutical industry in Italy has grown dramatically in the past seven years. The export of pharmaceutical products from 2010 to 2017 has grown at a rate of 26% per year. The industry in the country is significantly driven by the investments in the innovation of the supply chain. In 2019, the pharmaceutical sector increased a production value of over €34 billion, growing progressively in recent years.

Pharmaceuticals and biologics development and manufacturing processes need to comply with several local and international standards for product approvals. With the growing demand for therapeutic drugs and vaccines across the world, biopharmaceutical and pharmaceutical companies have shifted their focus on escalating their production capacities. The demand for cleanrooms used in their production facilities continues to grow significantly with increasing concerns regarding contamination, regulatory challenges, and operational efficiencies. The production of antibody–drug conjugates, which are among the emerging biotherapeutics, requires a custom-made infrastructure to ensure strict compliance with the global regulatory standards. For instance, in 2019, WHP Engineering completed a new cleanroom facility for the Welsh manufacturing plant of ADC Bio, which is an antibody-drug conjugates producer. The good manufacturing practices (GMP) facility of the company delivers the next generation of the blockbuster anticancer drugs of ADC. Further, cell and gene therapies are among the rapidly expanding segments of the biotherapeutics industry. In December 2020, WHP completed a new viral vector manufacturing center for Oxford Biomedica. The new GMP facility is suitable for manufacturing vaccines and gene therapy products, and it will also be used for the large-scale manufacturing of the COVID-19 vaccine. The design includes cleanroom architecture; heating, ventilation, and air conditioning (HVAC); and process and critical utility systems. In addition, a surge in investments in pharmaceutical contract research, development, and manufacturing organizations (CDMOs) would also support the cleanroom technologies market growth.

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns.

Download the Latest COVID-19 Analysis on Cleanroom Technology Market Growth Research Report at: https://www.theinsightpartners.com/covid-analysis-sample/TIPRE00004183

Cleanroom technology market is bifurcated into equipment and consumable. In 2020, the consumable segment held a larger share of the market. However, the same segment is expected to register a higher CAGR in the market during 2021–2028. Cleanroom consumables are witnessing rise in demand for manufacturing quality products.

Product launches and mergers and acquisitions are highly adopted strategies by the players operating in the global cleanroom technology market. A few of the recent key product developments are listed below:

  • In April 2021, Azbil Corporation stated that it will develop two laboratory facilities for experimenting at the Fujisawa Technology Center, a core R&D centre of the azbil Group. In so doing, Azbil aims at improving its technological development facilities to accelerate research and development of innovative system solutions and gadgets in the Group’s next stage of growth.
  • In July 2020, Taikisha Ltd. announced that it has taken over an Indian clean room manufacturer to meet the growing demand from the local pharmaceutical industry.

Cleanroom technology Market: Competitive Landscape and Key Developments

A few key players operating in the cleanroom technology market are Taikisha Ltd, Kimberly-Clark Corporation, E. I. DU PONT DE NEMOURS AND COMPANY, Labconco Corporation, Azbil Corporation, Illinois Tool Works Inc., Ardmac, Alpiq Holding AG, Clean Air Products, and M+W Group. 

Order a Copy of Cleanroom technology Market Shares, Strategies and Forecasts 2021-2028 Research Report at: https://www.theinsightpartners.com/buy/TIPRE00004183/

Browse Related Reports and get Sample copy

Cleanroom Consumables Market Forecast to 2028 – Covid-19 Impact and Global Analysis – By Product- (Safety Consumables, Cleaning Consumables and Others), By End User (Hospitals, Pharmaceutical Industry, Other End Users) and Geography

Cleaning Robot Market to 2025 – Global Analysis and Forecasts by Type (Floor Cleaning, Lawn Cleaning, Pool Cleaning, and Window Cleaning), by End User (Residential, Commercial, and Industrial)

About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

Contact Us:

If you have any queries about this report or if you would like further information, please contact us:

Contact Person: Sameer Joshi

E-mail: [email protected]

Phone: +1-646-491-9876

YouTube Videohttps://youtu.be/IvRn-rBuZ_A  

Media Contact
Company Name: The Insight Partners
Contact Person: Sameer Joshi
Email: Send Email
Phone: +1-646-491-9876
City: Pune
State: Maharashtra
Country: India
Website: https://www.theinsightpartners.com/pr/cleanroom-technology-market

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