Laboratory Glassware Washers Market - Major Factors Driving the Industry

Posted by Aman Jaiswar on December 23rd, 2019

Transparency Market Research (TMR) has published a new report on the laboratory glassware washers market for the forecast period of 2019 - 2027. According to the report, the global laboratory glassware washers market was valued at ~US$ 230 Mn in 2018, and is projected to expand at a CAGR of 4% from 2019 to 2027.

Advanced Laboratory Glassware Washers to Drive Global Market

Manufacturers are engaged in the development of novel, multipurpose laboratory glassware washers that can perform most laboratory applications in one single unit, with improved efficiency, reduced turnaround time, and safety features.

Request a PDF Sample on Laboratory Glassware Washers Market Report -

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=35936

Global Laboratory Glassware Washers Market: Key Insights

Laboratory glassware washers are devices used in the sterilization and cleaning of glassware washers of various sizes. These washers are available in small, medium, and large sizes. Laboratory glassware washers are cost-effective and efficient options for use in laba. The three major types of laboratory glassware washers are undercounter, freestanding, and portable. Major brands operating in the market are Steam Scrubber, Flask Scrubber & Flask Scrubber Vantage Series, G 7893 compact washer, and Hotpack large-capacity glassware washers.

Growth of the global laboratory glassware washers market can be attributed to increase in the geriatric population, growing life science industry, rise in the demand for laboratory glassware washers, and increase in the number of laboratories across the globe. Increase in research & development and requirement of sterilization are key factors fueling the growth of the global laboratory glassware washers market. Major players offering strong product portfolios and rise in investments in the development of laboratory glassware washers are likely to boost the growth of the global laboratory glassware washers market.

Rise in Demand for Glassware Washers in Healthcare Facilities to Boost Market

Healthcare facilities, which includes hospitals and diagnostic centers, provide a large number of biological samples for the analysis and diagnosis of several types of diseases. Rapidly growing burden of biological sample processing in healthcare facilities is attributed to the higher prevalence and incidence of chronic and infectious diseases. This is likely to propel the global laboratory glassware washers market in the next few years. Expansion of clinical & diagnostics laboratories across the globe is anticipated to drive the laboratory glassware washers market during the forecast period.

For instance, in June 2017, Europe's leading clinical laboratory testing service provider Unilabs acquired CGC Genetics, a leading medical genetics laboratory company serving customers in over 65 countries. Quest Diagnostics has 130 labs and 1,000 collection centers across India, Africa, Sri Lanka, and Mauritius. The company plans to increase the number to 250 labs and 2,000 collection centers by the end of 2019.

Freestanding Type of Washers to Lead Global Market

In terms of type, the freestanding segment is projected to account for a major share of the global laboratory glassware washers market. Increase in the preference for freestanding glassware washers in surgical departments and development of technologically-advanced products are anticipated to drive the segment during the forecast period.

For instance, Steris' Reliance 100 Series laboratory glassware washers provide excellent cleaning and drying efficacy and unmatched flexibility. Moreover, increase in the use of large freestanding glassware washers in laboratories, hospitals & diagnostic centers, and biopharmaceutical companies is expected to propel the segment during the forecast period.