Cleanroom Technology Market Overview
Cleanroom technology market size was valued at $3.4 billion in 2016, and is projected to grow at 5.7% CAGR during the forecast period. The market is expected to be led by consumables used for cleanroom technology, both in terms of size and growth. The growth in the demand for cleanroom technology consumables is mainly attributable to the negligible maintenance cost that these consumables require. Other than consumables, cleanrooms also have several equipment installed in them.
GLOBAL CLEANROOM TECHNOLOGY MARKET, BY END USER, $M (2013 – 2023)
On the basis of construction, the cleanroom technology market has been segmented into hardwall cleanroom, softwall cleanroom, standard cleanroom and pass through cabinets. Hardwall cleanrooms is expected to witness the fastest growth in the future, since they are less expensive as compared to the standard cleanrooms and can be installed in a fraction of time.
Pharmaceutical, biotechnology, and medical devices industries are the major end users in the cleanroom technology market, with some of the other users primarily including hospitals, research laboratories and academic institutions. Pharmaceutical industry contributed the largest share to the global market, with the same standing at 41.3% in 2016. Biotechnology industry held the second largest share of the global market, due to the presence of large number of research laboratories, which further leads to high production of drugs worldwide.
North America was the largest contributor in cleanroom technology market, with a 39.8% share in 2016. The U.S., Japan and Germany are the top three countries that are expected to contribute the maximum revenue to the global market in the forecast period, due to increasing healthcare expenditure and growing research facilities in these countries that require the use of cleanroom products. During the forecast period, the industry is expected to register the fastest growth in Asia-Pacific.
Cleanroom Technology Market Dynamics
Various factors leading to the growth of the cleanroom technology market include increasing demand for certified products, technological advancements in cleanrooms, growing prevalence of infectious diseases, and the rising demand for sterilized pharmaceutical products. Some of the factors hampering the growth of the cleanroom technology market include high cost associated with building cleanrooms, and lack of skilled and experienced professionals.
Increasing healthcare expenditure, rising demand of cleanroom technology from pharmaceutical, biotech, and medical devices industries, and favorable healthcare regulations are some of the other key factors that boost the demand for cleanroom technology products, globally.
The demand for certified products has been increasing worldwide, thus increasing the size of the cleanroom technology market. Various certifications such as National Safety and Quality Health Standards (NSQHS), BS 5295 cleanroom standards, Medicines & Healthcare products Regulatory Agency (MHRA) guidelines, and ISO check are required for maintaining the standard of products manufactured, such as gloves, vacuum systems, air filters, and the processes used for manufacturing these products globally. All such certifications ensure that the quality of products and process is in compliance with the health and hygiene standards, as these products are manufactured in the sterile environment of cleanrooms.
According to the WHO, around 10.4 million people were diagnosed with tuberculosis and 1.8 million died from the same, in 2015. Also, over 95% of the tuberculosis deaths occur mostly in low and middle-income countries. As of June 2015, around 220 million population aged 1 to 29 years, received meningococcal A conjugate vaccine in 15 countries of the African belt. These data clearly state that the rise in infectious diseases is a key factor leading to an increase in the demand of medications for treating the same, which further drives the cleanroom technology market.
The cleanroom technology market provides immense opportunities for the players to grow, due to the high demand of cleanrooms in emerging economies and the rising demand for energy efficient cleanrooms. Other than China, which provides tremendous business opportunities for the market players, there are countries in Asia-Pacific that are also investing in the cleanroom technology market, due to stringent regulatory concerns related to cleanliness. For instance, according to China Food and Drug Administration (CFDA), certain good manufacturing practices (GMP) need to be followed for the production of drugs, without which the products manufactured are rejected.
Cleanroom Technology Market Competitive Landscape
The key players in the cleanroom technology market are developing new products, which is expected to increase their market share in the coming years. For instance, in August 2016, Clean Air Products Inc. announced the launch of pass-through cabinet featuring a new door gasket. The door gasket, standard on model CAP18W, complies with USP 800 cleaning requirements and facilitates cleaning. The CAP18W pass-through cabinet is designed for the manufacturing and laboratory processes requiring easy but thorough cleaning, including pharmacies and semiconductor manufacturing. The gasket model is available in five sizes, with additional configurations also available.
Ardmac Ltd., a company offering construction services, announced its 2nd generation cleanroom construction products in April 2016 that offers products and systems, meeting the needs of efficiency, flexibility, and adaptability with quality for today’s cleanroom construction. The company makes use of technologies such as animation and BIM, to optimize communication, improve quality, reduce rework, minimize risk and ensure projects that are delivered on time and on budget.
Some of the other key players operating in the cleanroom technology market include M+W Group GmbH, E.I. du Pont de Nemours and Company, Kimberly-Clark Corporation, Taikisha Ltd., Azbil Corporation, Illinois Tool Works Inc., Ardmac Ltd., and Alpiq Group.