Market Research Report
Asia-pacific Cleanroom Consumables Market Forecast 2021-2028
|Asia-pacific Cleanroom Consumables Market Forecast 2021-2028|
Published: May 24, 2021
Content info: 139 Pages
Delivery time: 2-3 business days
The Asia-Pacific cleanroom consumables market growth is predicted to progress at a CAGR of 10.51% during the forecast period, 2021-2028. The increasing population, rising affordability, growing chronic disease incidences, developed healthcare infrastructure for advanced quality care, propel the healthcare services market growth. This further impacts the cleanroom consumables market growth of the region positively.
Indonesia, Japan, Australia & New Zealand, Vietnam, South Korea, India, Thailand, China, and Rest of Asia-Pacific are evaluated for the Asia-Pacific cleanroom consumables market growth assessment. Japan has technologically advanced electronics, information technology, and pharmaceutical sectors. The country is among the prominent pharmaceutical manufacturers. Also, favorable government initiatives for supporting R&D activities with regard to pharmaceuticals are driving the demand for cleanroom technologies. Japan has a surging elderly population, leading to an increased prevalence of age-related diseases, including respiratory, cardiovascular, and arthritis. Moreover, there is high consumer awareness regarding quality and standardized products.
In South Korea, the semiconductor industry contributes majorly to its economy. The country houses leading memory chip manufacturers. South Korea aims to make the semiconductors powering AI functionalities. In Indonesia, the healthcare industry is set to project considerable growth, given its middle-class population and introduction of universal healthcare. Also, government initiatives have enabled foreign investments. Similarly, in Thailand, rising private-sector interest and government-led incentives are estimated to drive the healthcare sector. There is a growing demand from the medical industry, majorly driven by private hospitals. This sector is a key end-user for the cleanroom consumables industry. Such factors drive market growth in these countries.
Some of the market's eminent players include Contec Inc, Valutek, Helapet, MAR COR (CANTEL), etc.