The consumable segment by type is estimated to lead the market growth during the forecast period.

According to a new market research study of “South America Cleanroom Technology Market Forecast to 2028 - COVID-19 Impact and Regional Analysis by Type, Construction Type, End User and Country.” The South America cleanroom technology market is expected to reach US$ 620.92 million by 2028 from US$ 431.77 million in 2021; it is estimated to grow at a CAGR of 5.3% during 2021–2028. The report highlights trends prevailing in the South America cleanroom technology market and the factors driving market along with those that act as hindrances.

The transformation of current pharmaceutical manufacturing to Pharma 4.0 calls for new manufacturing and data processing approaches. The use of cloud-based advanced analytical techniques for artificial intelligence helps achieve these goals. In October 2020, ABN Cleanroom Technology received US$ 585,000 in support for innovations in artificial cleanroom intelligence (ACI). ABN Cleanroom Technology is specialized in designing, constructing, validating, and maintaining cleanrooms for the pharmaceutical companies. Vlaio.be, an official website of the Flemish government provided this innovation support for the development of a SmartBox to apply ACI in cleanroom facilities. Further, in May 2020, mCloud Technologies Corp. partnered with SecureAire LLC and introduced the combination of the AI-powered HVAC and indoor air quality capabilities with the mCloud's AssetCare platform enabled with the air purification technology. Through the AssetCare platform, mCloud offers a complete automated solution to allow a wide range of industries to use AI for attaining indoor air quality that meets regulatory standards. Therefore, advancements in AI technologies are expected to play a dominant role in the proliferation of the cleanroom technology market in the coming years. Also, the low stringency of regulatory policies, increasing number of pharmaceutical companies, and government initiatives to boost local manufacturing make emerging economies in South America attractive markets for the cleanroom technologies market players. In addition, increasing investments by international players in technological advancements is further opening growth avenues for the pharmaceuticals market in developing economies of South America.

COVID-19 has created shock waves in South and Central America with severe health-related, economic, and social consequences. The pandemic has highlighted lack of preparedness of countries in the region to fight such challenges. Climate change, urbanization, and insufficient water and sanitation are further triggering fast-spreading outbreaks in South and Central America. Argentina was already in a fragile socioeconomic situation before the COVID-19. According to the National Institute of Statistics and Censuses (INDEC), economic activity in Argentina fell by 10.3% in May 2020, while the annual inflation rate reached 42.8% in June 2020. The region struggled to contain the spread of SARS-CoV-2 in 2020 due to the lagging economies, and limitations on social security and health infrastructure. Thus, the COVID-19 pandemic has been hindering the cleanroom technology market growth in South and Central America.

The South America cleanroom technology market, by type, is segmented into equipment and consumables. The equipment type segment is further segmented into HVAC systems, high efficiency filters, fan filter units, laminar air flow systems, cleanroom air showers and desiccator cabinets. The consumables type is further sub-segmented into gloves, apparels, wipes, disinfectants, vacuum systems and others. The South America cleanroom technology market, based on construction type, is segmented into standard cleanrooms, hardwall cleanrooms, softwall cleanrooms, and pass-through cabinets. The South America cleanroom technology market, by end user, is segmented into pharmaceutical industry, biotechnology industry, medical device manufacturers, hospitals, and others. Geographically, the South America cleanroom technology market is sub-segmented into Brazil, Argentina and Rest of SAM.

Taikisha Ltd, Kimberly-Clark Corporation, E. I. DU PONT DE NEMOURS AND COMPANY, Azbil Corporation, Illinois Tool Works Inc., Alpiq Holding AG, Clean Air Products and M+W Group are among the leading companies operating in the South America cleanroom technology market.

Contact Us
Phone: +16467917070
Email Id: sales@businessmarketinsights.com