Aug 18, 2020 | Health and Wellness
Growth in this market is driven majorly by the stringent regulatory framework, growth of the biologics sector, rising demand for sterilized pharmaceutical formulations, growing demand for medical devices, and technological advancements in cleanroom technology.
The global cleanroom technology market is projected to reach USD 7.9 billion by 2024 from USD 5.7 billion in 2019, at a CAGR of 6.6%.
What Drives the Market?
Stringent Regulatory Framework
Growth of the Biologics Sector
Rising Demand for Parenteral and Injectable Pharmaceutical Formulations
Growing Demand for Medical Devices
Advancements in Cleanroom Technologies
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Asia Pacific is expected to grow at the highest rate in the healthcare Cleanroom market in 2018
The market in the Asia Pacific is estimated to grow at the highest CAGR during the forecast period. This is due to its favorable government regulations, increasing healthcare expenditure, and the growing base of pharma companies in the country, all of which are driving adoption of cleanroom solutions in the Asia Pacific.
Healthcare Cleanroom Market Players
The prominent players in the healthcare cleanroom market include Azbil Corporation (Japan), Kimberly-Clark Corporation (US), Ardmac (Ireland), Clean Air Products (US), Labconco Corporation (US), Dynarex Corporation (US), DowDuPont Inc. (US), Illinois Tool Works Inc. (US), Taikisha Ltd. (Japan), Exyte AG (Germany), COLANDIS GmbH (Germany), ABN Cleanroom Technology (Belgium), Clean Rooms International, Inc. (US), Bouygues Group (France), Terra Universal, Inc. (US), Connect 2 Cleanrooms Ltd (UK), Camfil (Sweden), OCTANORM-Vertriebs-GmbH (Germany), Parteco Srl (Italy), and Airtech Japan, Ltd. (Japan).
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Kimberly-Clark Corporation (US)
Kimberly-Clark has an extensive range of cleanroom consumables and a prominent presence across the globe. It targets faster-growing as well as higher-margin segments such as wiping & safety consumables within the K-C Professional business segment to achieve further growth. In 2018, the company unified its core categories of personal protective equipment, including apparel, gloves, and eyewear, under a revitalized KleenGuard brand with an aim to increase productivity and enhance worker performance. Kimberly-Clark also focuses on increasing investments in R&D to develop new innovative products. For instance, the company spent around USD 3.3 billion in 2018 as compared to the USD 3.2 billion spent on R&D in 2017.
Exyte AG (Germany)
Exyte is positioned as a partner for all cleanroom technology customers, supporting all businesses from small & flexible construction to large-scale & highly automated cleanrooms. Building on its potential in this area, the company is continuously expanding its capabilities spanning the full project lifecycle from consulting, designing, and engineering to turnkey construction of cleanrooms. As a global manufacturer of high-quality cleanroom products, Exyte aims to further strengthen its market position through organic growth strategies such as expansions. Exyte specializes in fully-integrated facility design services to deliver high-end equipment, buildings, and laboratories. Exyte, through its subsidiary, Exyte Technology is one of the global leaders in the development and design of high-tech manufacturing plants owing to its unique expertise in classroom technologies.
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Recent Developments
In July 2019, Azbil Corporation launched its Biological Safety Cabinets, BiOptima. In June 2019, Exyte Group opened a new manufacturing facility in Renningen, Germany.
In May 2018, Kimberly-Clark Corporation invested USD 30 million for the expansion of its nonwovens manufacturing facility in Hendersonville, North Carolina.
In February 2019, Kimberly-Clark Corporation opened a global digital technology center in Bengaluru, India.
Aug 18, 2020 | Health and Wellness
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Aug 18, 2020 | Health and Wellness
The rising need to curtail healthcare costs, increasing incidences of medical errors & hospital-acquired infections, and growing government initiatives to improve patient safety and patient outcomes are key drivers of this market.
[122 Pages Report] The patient safety and risk management software market is estimated to be worth USD 2.2 billion by 2024 from a value of USD 1.3 billion in 2019, growing at a CAGR of 11.2% during the forecast period.
What drives the Patient Safety and Risk Management Solutions Market?
Increasing Need to Curtail Rising Healthcare Costs and Growing Focus on Improving Patient Outcomes
Government Initiatives to Improve Patient Safety and Patient Outcomes
Reluctance to Switch From Conventional Methods
Dearth of Skilled It Professionals
On the other hand, the dearth of in-house IT expertise and the reluctance of healthcare providers to adopt new methods of patient safety and risk management are expected to restrain the growth of the Patient Safety and Risk Management Solutions market to a certain extent during the forecast period.
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The APAC region is expected to grow at the fastest rate during the forecast period
The patient safety and risk management solutions market in APAC is expected to grow at the highest CAGR during the forecast period. Much of this growth is driven by the increasing patient population in this region, rapid return on investment (ROI), and rising government initiatives to improve the patient safety & patient outcomes in healthcare. Several healthcare organizations in Asia are actively moving towards digitization to streamline their entire workflow and ensure patient care and safety that resulted in an increased demand for patient safety and risk management software to ensure better patient care.
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Key Market Players
The key players in the global patient safety and risk management solutions market are Clarity Group Inc. (US), Conduent Inc. (US), Prista Corporation (US), Quantros Inc. (US), Riskonnect Inc. (US), RiskQual Technologies (US), RLDatix (Canada), Smartgate Solutions Ltd. (UK), The Patient Safety Company (Netherlands), and Verge Health (US).
RLDatix (Canada) is one of the leading players in the market and accounted for the largest share in 2018. RLDatix is one of the leading providers of cloud-based and integrated software solutions for patient safety and risk management to various industries, including healthcare. To strengthen its market position and to broaden its product offerings, the company majorly focuses on agreement, acquisitions, and mergers. For example, in May 2019, the company entered into an agreement to acquire iContracts (US) to broaden its reach into the governance, risk management, & compliance space.
Verge Health (US) held the second-largest share in the patient safety management software market in 2018. The company offers a robust portfolio of patient safety solutions, including governance, risk, & compliance. To sustain its strong position in the market, the company focuses on strengthening its software platform through organic and inorganic strategies, such as product launches and partnerships. For instance, in February 2019, the company entered into a partnership with Texas Hospital Association (US) to enhance its governance, risk, & compliance platform and allowed the Texas Hospital Association to effectively and efficiently manage risk and provide better patient care.
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Recent Developments
In June 2019, Riskonnect Inc. launched Riskonnect ClearSight 19.0, an addition to its integrated risk management platform.
In May 2019, RLDatix entered into an agreement to acquire iContracts (US) that provided more significant opportunities to RLDatix.
In February 2019, Verge Health entered into a partnership with the Texas Hospital Association (US) to strengthen its governance, risk, & compliance platform.
In October 2018, Riskonnect, Inc. acquired Marsh ClearSight LLC (US) to expand its product offerings.
In August 2017, Conduent Inc. (US) launched the Midas Hospital Risk Adjustment Model.
Aug 18, 2020 | Health and Wellness
London, England, Aug 18, 2020 — Emily Grice saw the drying effect sanitisers were having on her 2 year old son at nursery 10 years ago and used vitamin e to soothe and repair the open cracks that developed after repeated use.
COVID then hit the world in Spring 2020 and Emily went back to the kitchen table and mixed a batch of sanitiser with oil, essential oils and natural perfumes. The long term effects of the common sanitisers were doing the same damage Emily had seen on her sons hands so skn+tnc was conceived.
Skn+tnc is produced in Bath Spa, England with only natural and ethical vegan ingredients and cruelty free practices. Sustainability has been the core focus using a refillable glass bottle. The product will be launched in 300ml glass with refills to follow. Travel sized bottles will also be available in 75ml.
The skn+tnc formula includes 65% alcohol, that actually is the sufficient measure for everyday virus protection. The inclusion of oil is intended to neutralize the alcoholic effects on the skins moisture and will not leave hands sticky. Skn+tnc is also scented gently with a naturally derived perfume to counteract the sterile smell leaving the user with fresh smelling skin, making for a much more positive experience.
Sanitising your hands need not be something we do begrudgingly. Users will want to sanitise, which is expected to create a step change in the use and experience of “staying safe.”
Skn+tnc is set to be launched in October/November 2020 for distribution online at sknandtnc.com, with Amazon, and through social channels. Skn+tnc will also be available at premium retailers across the UK and then in the US in early 2021.
– Skn+tnc has an estimated RRP of £28.50 for 300ml.
– Currently it comes in one oil and fragrance variant with more to follow in early 2021.
– Contact Skn+tnc on sales@sknandtnc.com
Retailers interested should contact our offices for further information, pre-ordering and samples – available in early October 2020.
– Visit and contact us on Instagram @sknandtnc
– Website currently under construction – www.sknandtnc.com
Media Contact:
Emily Grice
Skn+tnc
Camberley, Surrey GU15 4HP
(+44) 7557 760390
sales@sknandtnc.com
http://www.sknandtnc.com
Aug 18, 2020 | Health and Wellness
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Aug 18, 2020 | Health and Wellness
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