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Global Healthcare Cleanroom Consumables Market Fueled By Growing R&D Activities

|Includes: Meridian Resource Corp. (TMR)

Innovation of practices typical to the healthcare industry is considered indispensable for patient safety and comfort. This may include cleanroom consumables such as pharmaceutical drugs, medical devices, diagnostics, and equipment used in research activities. For any healthcare institution, it is imperative to ensure that research activities are carried out in an environment that efficiently adheres to the stringent regulations implemented to reduce ambient pollutant levels.

Cleanrooms comprise a controlled environment that has a very low level of pollutants such as dust, chemical vapors, or microorganisms. Abundant presence of pollutants may interfere with the overall production process, which subsequently may hamper the quality of the end product. Cleanroom consumables are products used in such controlled environments to significantly reduce the chances of transfer of microbes and other pollutants. Some of these commodities that find extensive usage in sensitive environments such as cleanrooms are adhesive mats, gloves, wipers, cleanroom stationery, cleaning products, and apparel.

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Among the aforementioned cleaning products, cleanroom stationery and apparel are further sub-segmented to cater to a large number of settings. Some of the most commonly used cleaning products include wringers, mops, validation swabs, squeegees, cleaning chemicals, and buckets. The sub-segments of cleaning stationery are binders, paper, adhesive pads, notebooks, and labels, whilst the apparel segment includes shoe covers, bouffant, sleeves, boot covers, and others.

Why is Cleanroom Technology Essential for the Healthcare Industry?

Cleanroom technology is important for manufacturing sterile pharmaceutical products, because it not only ensures prevention of contamination but also ascertains operator safety when supervising highly potent drug substances. The technology enables healthcare institutions to control and monitor enclosed cleanroom environments, including aspects such as their humidity, temperature, pressure, magnetic flux, and electrostatic charge. It also enables institutions to maintain particulates such as hair and skin and chemicals such as grease, oil, vapors, and metal ions at very low levels. The global market for cleanroom consumables in the healthcare sector is witnessing robust growth due to the growing demand for sterile biologics drugs, although accessing skilled cleanroom professionals might emerge as an issue in the near future. Apart from this, the market is also likely to witness growing demand for novel solutions that meet stringent regulatory norms and high performance expectations from the industry.

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Healthcare Cleanroom Consumables Market to Exhibit 4.76% CAGR 2015-2023

In its latest report, Transparency Market Research, a leading market intelligence firm, pegs the value of the global market for healthcare cleanroom consumables at US$1.9 bn in 2014. Rising at a positive CAGR of 4.76% between 2015 and 2023, the market is likely to reach an estimated valuation of more than US$3 bn by 2023.

Escalated regulatory attention encouraging better performance of cleanrooms and more frequent production of biologic drugs are the key factors boosting the global market for healthcare cleanroom consumables. The market is also gaining impetus from the paradigm shift in the pharmaceutical industry to smaller and more flexible manufacturing facilities across regional markets and the manufacture of niche and targeted therapies.

Asia Pacific is likely to exhibit the fastest CAGR among the regional segments of the global market for cleanroom consumables. The rapid expansion of the semiconductor and pharmaceutical industries is aiding the growth of the healthcare cleanroom consumables market in Asia Pacific.

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