Pharmaceutical Isolator Market 2017 -Current Trends, Development and Potential of Industry till 2023
The report titled “Pharmaceutical Isolator Market -Forecast to 2023″ intends to provide in-depth analysis resulting from both quantitative and qualitative analysis by Market Research Future. It includes research targeted at prospective growth opportunities alongside with present market scenarios. The report takes a holistic view of the market, imbibing the client’s point of view thereby making it a valuable guide in the quest to reap the huge market opportunities! The global pharmaceutical isolator market is expected to reach USD 39.0 billion by 2023, and the market is projected to grow at a CAGR of ~ 8.1 % during the forecast period 2017-2023.
MarketResearchFuture.com adds “Pharmaceutical Isolator Market -2017 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database.
Regional Analysis:
The Americas accounts for a significant market share owing to high expenditure on the health care. Additionally, the large research and development base of U.S. is a strong driver of the market. The high concentration of the major healthcare companies, biotech labs, and hospitals in the developed countries of this region coupled with stringent regulatory and inspection guidelines are adding fuel to the market growth. Moreover, the US has a high inspection rate and the growing stringency of Food and Drug Administration (FDA) inspections has fueled the market.
Europe is the second largest market in the world due to the growing pharmaceutical and industrial base. The European market growth is led by countries such as Germany and France. Germany is expected to be the fastest growing market over the assessment period. The strong presence of the pharmaceutical industry in Germany is a strong driver behind the dominance of this country in Europe. The growing research and development expenditures of the developed regions have stimulated the market for isolators in these regions.
Asia Pacific region is expected to grow rapidly; China and India are likely to lead this market due to fast growing pharmaceutical sector and large unmet needs over the forecast period. South East Asian countries such as China, India, and Malaysia are projected to contribute highly to the market growth. The growing penetration of pharmaceutical and biotech industry in the Asia Pacific region is expected to drive the future pharmaceutical isolator market in the region. The biotech industry is expected to demand for the largest number of isolators among all industries.
Gulf nations such as Saudi Arabia and the UAE are estimated to drive the Middle East & African market. Other Middle East nations to watch out for are Kuwait, Jordan, Egypt and Iran. The African region is expected to witness a moderate growth owing to poor economic and political conditions, and poor healthcare development. The poor research and development in the Middle East and Africa region has restricted the market for pharmaceutical isolators market.
Taste the market data and market information presented through more than 50 market data tables and figures spread over 80 pages of the project report. Avail the in-depth table of content (TOC) & market synopsis on “Global Pharmaceutical isolator Market” Research Report – Forecast till 2023.
Global Pharmaceutical Isolator Market Players:
Some of the key players profiled in the report are Gelman Singapore, COMECER S.p.A. cf. p.iva, IsoTech Design, LAF Technologies Pty Ltd, Fedegari Autoclavi S.p.A, Hosokawa Micron Ltd., Bosch GmbH, MBRAUN, Chamunda Pharma Machinery Pvt. Ltd., Schematic Engineering Industries, NuAire, Inc. and others.
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Market Highlights:
An isolator is an equipment which is used for selective transfer of materials through defined openings designed to avoid contamination. Open isolators allow transfer of materials, while enabling a level of protection from the external environment. Closed isolators provide complete separation between the internal and external environment except for filtered air. Aseptic isolators use positive pressure to keep contamination out, while containment isolators uses negative pressure to keep contamination out of the work space.
The market drivers for global pharmaceutical isolator market are increasing demand due to growing pharmaceutical and biotechnological industry, increasing regulations and non-compliance cost, rising usage of aseptic methods, rising number of bio labs, growing use of toxic and hazardous materials, and advancements in isolator efficiency and technology. A huge cost of setting up clean rooms is a strong driver of the market for isolators. The market restraints are the high cost of isolators, high maintenance of isolators, high cost of operation of isolators, poor regulatory framework in developing regions and lack of inspection, increasing specifications and stringency of quality control checks disease etc.
Product development represents the best strategy for the market growth. The market is expected to witness exponential growth over the review period owing to technological advancement in the construction of isolators. The isolators are fraught with high maintenance and operating costs, which has created a need for effective designs and development of contamination resistive materials. There are also issues with efficiency of isolators and there equipment’s are fraught with repeated breakdowns.
Market development is another strategy for as there is a large unmet need in the developing regions such as India and China. Cost of the product is expected to be a decisive factor in the developing regions such as Asia Pacific and, especially, Africa. The growing demand due to development of research and development industry is the greatest unmet need of the market.
Segmentation:
The global pharmaceutical isolator market has been segmented on the basis of type, system, pressure differential, and end user.
Based on the type, the market has been segmented into aseptic isolators, containment isolators, bio isolators, sampling, weighing, and distribution isolators, active pharmaceutical ingredient & manufacturing isolators, and other.
Based on the system, the market has been segmented as closed systems and open systems.
Based on the pressure differential, the market has been segmented as positive pressure, and negative pressure.
Based on the end user, the market has been segmented as hospitals and diagnostics labs, pharmaceutical and biotechnological industries, research and academics and others.
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Posted by
Vivian Dsena
on Thursday February 08 2018, 6:46 AM EST.
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