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Steam Autoclave Market Size Projection, Future Growth, Regional Outlook, Sales Statistics and Global Industry Overview by 2027

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  Steam Autoclave Market Overview The Global Steam Autoclave Market is anticipated to hold a market value of USD 1.78 billion in the year 2017 and is expected to grow at a CAGR of 8.9% during the forecast period. The steam autoclave is similar to pressure cookers. They are used to disinfect laboratory instruments, pharmaceutical products, surgical equipment, and other such materials. Steam autoclaves are used steam to kill germs, bacteria, and spores. The increasing demand for steam autoclave for the disposal of hazardous biomedical waste, growing prevalence of hospital-acquired infections or healthcare-acquired infections (HAI) and rising patient-centric approach to reduce infections is expected to drive the market growth over the forecast period. According to a report published by the Centers for Disease Control and Prevention in October 2018, approximately 1 in 30 hospital patients suffers from at least one HAI. Despite the drivers, rising trends of using disposable or single...