Europe Cleanroom Technology Market Insights, Share, Growth and Forecast by 2023
European cleanroom technology market is forecasted to generate $1,701.8 million revenue by 2023. The market is mainly driven by increasing number of conferences, seminars, and events for cleanroom technology, growing infectious diseases, and increasing healthcare expenditure in the region.
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The different types of products available in the European cleanroom technology market are cleanroom consumables and equipment. The market for cleanroom consumables is expected to observe faster growth, witnessing a CAGR of more than 7.0% during the forecast period. The growth is mainly driven by the increasing adoption of these products to maintain aseptic environment in various industries, such as pharmaceutical, biotechnology, and medical devices; hospitals; and research laboratories.
On the basis of construction, the European cleanroom technology market is categorized into standard, hardwall, softwall, and pass-through cleanrooms. Hardwall cleanrooms is expected to be the fastest growing category in this market, exhibiting a CAGR of more than 7.5% during the forecast period. This growth is mainly due to increasing research and development (R&D) of pharmaceuticals in the region, which involves the use of hardwall cleanrooms, specifically designed for research activities.
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The cleanroom technology market in France is expected to witness notable growth during the forecast period. This can be attributed to the improving healthcare infrastructure, presence of market players offering cleanroom technology solutions, increasing prevalence of chronic diseases, and rising initiatives by healthcare organizations for the use of cleanroom consumables and equipment in the country.
Growing pharmaceutical and medical devices industries are also propelling the growth of the French cleanroom technology market. According to the MedTech Europe, France was the second largest medical devices market in Europe in 2015, which further increased the production of different types of medical devices. Thus, growing healthcare industry is expected to boost the demand for cleanroom consumables and equipment in the French market in the coming years.
Some of the key players in the European cleanroom technology industry include M+W Group GmbH, Ardmac Ltd., Alpiq Holding Ltd., cleanroom.de GmbH, OCTANORM-Vertriebs-GmbH, MonMouth Scientific Ltd., Cleanroom Systems Belgium, Parteco Srl, Mach-Aire Ltd., E.I. du Pont de Nemours and Company, Kimberly-Clark Corporation, Taikisha Ltd., and Illinois Tool Works Inc.
Source: P&S Intelligence
