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Cleanroom consumables to witness highest growth by 2020 globally

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Various factors such as increasing demand for better quality products and safety of the working personnel are driving the global cleanroom technology market

According to a market report published by Persistence Market Research, titled ‘Global Market Study on Cleanroom Technology: Consumables to Witness Highest Growth by 2020,’ the global cleanroom technology market was valued at $3,156.0 million in 2014 and is expected to grow at a CAGR of 5.2 per cent from 2014 to 2020 to reach an estimated value of $ 4,290.1 million by 2020.

Globally, the cleanroom technology market is witnessing significant growth due to growing regulatory concerns regarding the packaging, manufacturing, and processing of better quality products, and safety of the working personnel. Additionally, increasing demand for sterilised pharmaceutical formulations, and development of new biologics and its wide applications in the medical devices industry is driving the growth of the cleanroom technology market.

However, factors such as lack of skilled professionals and high cost associated with the setting up and maintenance of cleanrooms are restraining the growth of the global market for cleanroom technology.

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