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U.S. And Europe Cleanrooms Market Opportunities, Emerging Trends, Competitive Strategies and Forecasts 2019-2025 | Grand View Research, Inc.

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U.S. And Europe Cleanrooms Market Opportunities, Emerging Trends, Competitive Strategies and Forecasts 2019-2025 | Grand View Research, Inc.

August 05
09:33 2021
U.S. And Europe Cleanrooms Market Opportunities, Emerging Trends, Competitive Strategies and Forecasts 2019-2025 | Grand View Research, Inc.
“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, growing government regulations for sterile & hazardous drugs compounding, especially in the U.S., and increasing incidence of Hospital-acquired Infections (HAIs) are some of the key factors boosting demand for cleanrooms in hospitals & compounding pharmacies.

The U.S. and Europe cleanrooms market size is anticipated to reach USD 5,816 million by 2025, according to a new report by Grand View Research, Inc., exhibiting a CAGR 0.2% during the forecast period. Growing presence of stringent regulations for sterile compounding of hazardous drugs and increasing incidence of Hospital-acquired Infections (HAIs) are among key factors driving the market. In addition, technological advancements in cleanrooms are expected to contribute toward market growth.

Rising incidence of HAIs is one of the key factors driving demand for cleanrooms in hospitals. According to data published by the National Institute for Health and Care Excellence, in England, about 300,000 patients contract HAIs each year as a result of care within the National Health Service. Likewise, as per CDC, there were about 722,000 reported cases of HAIs in the U.S.

The penetration of cleanrooms in compounding pharmacies is high in the U.S. due to presence of government regulations such as USP 797 and USP 800. As per the Pharmacy Purchasing and Products report (2016), compounding sites reported a 73% compliance with USP 797 standards and about 48% compounding sites were compliant with the newly proposed USP 800 standards. Thus, stringent regulations for drug compounding contribute toward market growth.

U.S. And Europe Cleanrooms Market Report Highlights

 Compounding pharmacies held the largest revenue share of nearly 81% in 2018. This can be attributed to presence of stringent regulations for drug compounding, which has increased the penetration of cleanrooms in compounding pharmacies

 U.S. held the largest revenue share owing to stringent government regulations for drug compounding and presence of well-established healthcare infrastructure

 Europe is expected to emerge with the fastest CAGR over the forecast period owing to rise in the incidence of HIAs, favorable government initiatives toward infection control, and improvements in healthcare infrastructure

 Key players include in U.S. and Europe cleanrooms market are Mecart, Clean Air Products, Terra Universal, and Nicomac Srl, among others.

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/us-europe-cleanrooms-market

U.S. And Europe Cleanrooms Market Segmentation

Grand View Research has segmented the U.S. and Europe cleanrooms market on the basis of end use and region:

U.S. and Europe Cleanrooms End-use Outlook (Volume, Unit; Revenue, USD Million, 2014 – 2025)

     Hospitals
     Compounding Pharmacies

U.S. and Europe Cleanrooms Regional Outlook (Volume, Unit; Revenue, USD Million, 2014 – 2025)

     U.S.
     Europe
        • Germany
        • U.K.
        • Spain
        • Italy
        • France

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/us-europe-cleanrooms-market/request/rs1

Browse More Related Report:

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Medical Device Cleaning Market Size, Share & Trends Analysis Report By Device (Semi-critical, Critical), By Technique (Sterilization, Disinfection), By EPA Classification (High, Intermediate Levels), And Segment Forecasts, 2021 – 2028

About Grand View Research

Grand View Research is a market research and consulting company based in the State of California with headquarters in San Francisco. The company offers consulting services tailored for business organizations to assist them with understanding and exploring their potential on a large scale. At the same time, Grand View Research caters to the individual research needs to provide a customized research service.

Grand View Research is fully committed to offer the best research services in the Industry. Our dedicated team of experienced analysts offer full capability and potential to precisely understand your research needs.

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Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
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Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/us-europe-cleanrooms-market