Future | Trends and HealthCare Industry Analysis For Cleanroom Technologies Market
According to the new market research report “Cleanroom Technologies Market with COVID-19 Impact, by Product (Fan Filter Units, HVAC, vacuum systems, disinfectants), Construction (Drywall, Hardwall, Softwall), End User (Pharmaceutical, Biotechnology, Medical device manufacturers) — Global Forecast to 2026”, published by MarketsandMarkets™, the global market is expected to reach USD 9.6 billion by 2026 from USD 7.1 billion in 2021, at a CAGR of 6.2% during the forecast period.
The growth of this market is majorly driven by the rising demand for sterilized pharmaceutical formulations, increasing demand for medical devices. The technological advancements in cleanroom technology along with the increasing demand for cleanroom technologies in developing economies are expected to offer significant opportunities for market growth in the coming years. However, the technical limitations associated with their operational costs and technical challenges associated with the customization of cleanroom designs in developing economies are hindering the growth of this market to a certain extent.
The use and maintenance of a cleanroom is a complex process. Usually, the cost of construction of standard cleanrooms for pharmaceutical and medical device manufacturing may range between USD 100 to more than USD 1,000 per square foot. Also, the price per square foot is not the same for ISO 6 and ISO 8 cleanrooms. This is because the amount of air supplied is different in both classes of cleanrooms. The air is 100 times cleaner in an ISO 6 cleanroom than in an ISO 8 cleanroom, thereby doubling the air conditioning capacity of the HVAC systems.
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The Growth in the market is majorly driven by the stringent regulatory framework, growth of the biologics sector, growing demand for medical devices, and advancements in cleanroom technologies. The market is also witnessing increasing trends of adopting modular cleanrooms along with the emergence of rental cleanroom services.
The global health crisis triggered by the COVID-19 pandemic has made it imperative that the pharmaceutical industry moves at a rapid pace alongside researchers, regulators, and contract research companies to develop a diagnosis, treatment, and vaccines.
Cleanrooms are mostly designed according to customer requirements based on product specifications and customer-specific design requirements. However, there are no specific guidelines for cleanroom designs for different application areas or product types. This leads to several challenges for cleanroom manufacturers, as they need to follow different designs every time. Furthermore, regulations do not provide requirements regarding the environmental, product, or facility parameters that are to be controlled. Instead, they only provide standards that a company needs to meet after it decides to manufacture a product using a cleanroom environment.
The biotechnology end-user industry segment is expected to grow at the highest CAGR during the forecast period, primarily due to the growing demand for biologics and biosimilars. Increasing investments in biotechnology are expected to provide an impetus to the growth of the segment over the forecast period.
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North America is expected to hold the largest share for players operating in the Cleanroom Technologies Market.
North America accounted for the largest share of the market in 2020. Factors such as stringent regulatory standards for product approvals, technological advancements in cleanrooms, initiatives taken by private organizations to create awareness regarding cleanrooms, and growth of the healthcare sector on a global scale are among the few factors expected to contribute to the growth of this market.