Market Overview:
The global autoclave vacuum system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for autoclave vacuum systems in medical insurance, industrial manufacturing, and aerospace applications. Additionally, the growing awareness about hygiene and sterilization is also propelling the demand for autoclave vacuum systems globally.
Product Definition:
An autoclave vacuum system is a device used to evacuate air from an autoclave before and after the sterilization process. This helps to ensure that the autoclave is completely sealed and that no contaminants can enter or escape. The importance of an autoclave vacuum system is that it helps to maintain the sterility of the equipment by preventing contamination.
Portable:
Portable is a device that can be transported from one place to another without being attached to any other equipment. The portable devices are classified into two types as per their usage, which includes the stationary and non-stationary portable devices. Non-stationary portable devices include wheeled cart, hand truck, scissor lift, cherry picker, etc., whereas stationary portables include autoclave vacuum system.
Desktop:
Desktop is the equipment used in autoclave vacuum system. It is a device which helps to increase the vacuum pressure and temperature inside the autoclave. The most important function of this machine is to heat and cool down chamber for sterilization process, also it provides sterile condition for medical instruments during preparation procedure.
Application Insights:
Key application sectors analyzed and estimated in the study include industrial manufacturing, aerospace, medical insurance, and others. The industrial manufacturing segment dominated the overall market in terms of revenue share as well as volume share in 2017. This is attributed to factors such as increasing demand for sterilized products from various end-use industries including pharmaceuticals and food processing.
Furthermore, increasing government initiatives to promote investments coupled with low-cost foreign direct investment (FDI) are anticipated to augment industry growth over the forecast period. For instance, Regional Center Agreement (RCA) between India and Japan signed in September 2015 which provides for setting up of a Japanese Industrial Group (JIG) facility at Indian city of Mihanjia near Nagpur which is expected to generate approximately 50 thousand jobs during the next five years thereby positively impacting industry growth over the forecast period across both countries.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing cases of chronic diseases, rising healthcare expenditure, and government initiatives for promoting hygiene and safety standards in hospitals & clinics. Europe accounted for a significant share of revenue generated by globalautoclave vacuum system market owing to high demand from end-use industries such as medical insurance, aerospace & defense, food processing & packaging among others.
Growth Factors:
- Increasing demand for minimally invasive surgeries: The global market for minimally invasive surgeries is expected to grow at a CAGR of 7.8% from 2016 to 2021. This is primarily due to the advantages offered by these surgeries over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. Autoclave vacuum systems are an essential part of the equipment used in minimally invasive surgeries, making this segment one of the key growth drivers for the autoclave vacuum system market.
- Technological advancements: The autoclave vacuum system market is witnessing rapid technological advancements with new products being launched regularly. This has led to increased efficiency and performance of autoclave vacuum systems, which in turn is driving their adoption across various industries.
- Rising demand from emerging markets: The Asia Pacific region is expected to be the fastest-growing region in terms of revenue growth for the autoclave vacuum system market during the forecast period 2016-2021 owing to rising healthcare expenditure and increasing awareness about advanced medical technologies among consumers in this region.. Additionally, Latin America and Middle East & Africa are also expected to offer significant growth opportunities for players operating in this market due to rising disposable income levels and growing healthcare infrastructure investments in these regions respectively .
Scope Of The Report
Report Attributes
Report Details
Report Title
Autoclave Vacuum System Market Research Report
By Type
Portable, Desktop
By Application
Medical Insurance, Industrial Manufacturing, Aerospace
By Companies
Melco Steel,Inc., Taricco Corporation, WSF Industries,Inc., P.L. Severy, Dekker Vacuum Technologies, ASC Process Systems, Torr Technologies,Inc.
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Autoclave Vacuum System Market Report Segments:
The global Autoclave Vacuum System market is segmented on the basis of:
Types
Portable, Desktop
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical Insurance, Industrial Manufacturing, Aerospace
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Melco Steel,Inc.
- Taricco Corporation
- WSF Industries,Inc.
- P.L. Severy
- Dekker Vacuum Technologies
- ASC Process Systems
- Torr Technologies,Inc.
Highlights of The Autoclave Vacuum System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Portable
- Desktop
- By Application:
- Medical Insurance
- Industrial Manufacturing
- Aerospace
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Autoclave Vacuum System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An autoclave vacuum system is a machine that uses high-pressure steam to clean and sterilize medical equipment. The steam removes dirt, bacteria, and other contaminants from the equipment while also destroying any harmful viruses or fungus.
Some of the major companies in the autoclave vacuum system market are Melco Steel,Inc., Taricco Corporation, WSF Industries,Inc., P.L. Severy, Dekker Vacuum Technologies, ASC Process Systems, Torr Technologies,Inc..
The autoclave vacuum system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Autoclave Vacuum System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Autoclave Vacuum System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Autoclave Vacuum System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Autoclave Vacuum System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Autoclave Vacuum System Market Size & Forecast, 2020-2028
4.5.1 Autoclave Vacuum System Market Size and Y-o-Y Growth
4.5.2 Autoclave Vacuum System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Portable
5.2.2 Desktop
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Medical Insurance
6.2.2 Industrial Manufacturing
6.2.3 Aerospace
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Autoclave Vacuum System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Autoclave Vacuum System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Portable
9.6.2 Desktop
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Medical Insurance
9.10.2 Industrial Manufacturing
9.10.3 Aerospace
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Portable
10.6.2 Desktop
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Medical Insurance
10.10.2 Industrial Manufacturing
10.10.3 Aerospace
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Portable
11.6.2 Desktop
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Medical Insurance
11.10.2 Industrial Manufacturing
11.10.3 Aerospace
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Portable
12.6.2 Desktop
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Medical Insurance
12.10.2 Industrial Manufacturing
12.10.3 Aerospace
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Portable
13.6.2 Desktop
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Medical Insurance
13.10.2 Industrial Manufacturing
13.10.3 Aerospace
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Autoclave Vacuum System Market: Competitive Dashboard
14.2 Global Autoclave Vacuum System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Melco Steel,Inc.
14.3.2 Taricco Corporation
14.3.3 WSF Industries,Inc.
14.3.4 P.L. Severy
14.3.5 Dekker Vacuum Technologies
14.3.6 ASC Process Systems
14.3.7 Torr Technologies,Inc.
