The favorable healthcare regulations, rapid developments in technology, and surging prevalence of infectious diseases are some of the key factors responsible for the growth of the cleanroom technology market. In 2016, the market attained a size of $3.4 billion, and it is expected to generate a revenue of $5.0 billion by 2023, progressing at a 5.7% CAGR during the forecast period (2017–2023). A cleanroom is an enclosed space, which is built to prevent harmful substances released by various airborne particles, including microorganisms, chemicals, and harmful radiations, such as ultraviolet rays, from polluting the space.
Based on end user, the cleanroom technology market is categorized into medical device, biotechnology industry, and pharmaceutical industry. Out of these, in 2016, the pharmaceutical industry held the largest revenue share of more than 40.0% in the market, and it is predicted to continue leading it during the 2017–2023 period. This is attributed to the expanding biopharmaceutical sector, which is accelerating the manufacturing of pharmaceutical products across the globe. As per the United States Food and Drug Administration, it is essential to implement specified guidelines for all food and pharmaceutical industries.
The global cleanroom technology market has been witnessing various technological developments, which are helping in improving the efficiency of cleanrooms with the high production of advanced sterile products. These upgraded products aid in providing a cleaner environment to manufacture products. Also, these developments help in minimizing the defects in cleanroom designs and workflow, which is further predicted to surge the demand for cleanrooms. Technological developments in equipment, such as heating, ventilation, and air conditioning systems and high-efficiency particulate air (HEPA) filters, offer better functionality of cleanrooms.
HEPA filters absorb nano-sized toxic compounds and improve the filtration process, which reduces the time taken for purifying the area. Additionally, the presence of modular cleanrooms, which are enclosed structures equipped with all devices, is expected to surge the production of cleanrooms, globally. In addition, customized cleanrooms are rapidly gaining popularity in the cleanroom technology market. Pressure, temperature, electrostatic charge, humidity, and magnetic flux can be modified as per customers’ need in a customized cleanroom. These cleanrooms are essential for research and development activities in the medical device, pharmaceutical, and biotechnology sectors.
Hence, the surging incidence of infectious diseases, technological advancements, and growing demand for customized cleanrooms are driving the growth of the market.
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