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.
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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.
Further key findings from the study suggest:
- 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.
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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)
- Compounding Pharmacies
U.S. and Europe Cleanrooms Regional Outlook (Volume, Unit; Revenue, USD Million, 2014 – 2025)
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About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
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