As per industry analysis by Fact.MR – market research and competitive intelligence provider, the global portable isolation room market is estimated to exceed a valuation of US$ 43.1 Mn by 2022, and to expand at a significant CAGR of close to 4.4% by value over the assessment period.
Spreading health awareness because of rising infectious diseases and their consequences is creating a space for portable isolation room as it is recognized for transporting infected patients of biological contamination for instance, SARS (severe acute respiratory syndrome), smallpox, tuberculosis, meningitis, etc.
Additionally, to understand the requisites and for enhancement of the product quality manufacturers are seeking on-field guidance. For instance, Nippon Medical & Chemical Instruments collaborated with researchers and medical doctors to comprehend the demand and upgrade the product accordingly. Additionally, manufacturers like Spectrum Aeromed are enhancing sales by providing equipment mounts for ventilators and other critical equipment. Consequently, both demand side and supply side are pushing the portable isolation room market forward.
Key Takeaways from Market Study
- Portable isolation pod is expected to garner an absolute $ opportunity of nearly US$ 4.4 Mn during the forecast period.
- Multiple occupancy segment of portable isolation room is projected to grow 5X during forecast period, while, single occupancy segment is expected to continue its dominance during the forecast period
- Based on sales channel, direct sales is projected to dominate portable isolation room market by accounting for over 73.3% of the market share in 2032.
“Portable isolation room is expected to peg more than 8,927 Units by 2032 end under the influence of various contagious infections spurring among the population” says a Fact.MR analyst.
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Advancing technologies adopted by manufacturers to add multiple life support features (for example, mounts for critical equipment) to portable isolation room has expanded its application and increased the reliability on the product. Another key success factor of the market was determined by the cohesive effort of the manufacturers to supply enough products in the period of surged demand. Partnership among the key manufacturers fulfilled the demand-supply gap under the impact of COVID-19.
The future of the portable isolation room market will be most importantly driven by the technological advancements that will aid a reduction in product price and supplement life support features for the infectious patients.
More Valuable Insights
Fact.MR, in its new offering, presents an unbiased analysis of the global portable isolation room market, presenting historical market data (2017-2021) and forecast statistics for the period of 2022-2032.
The study reveals essential insights on the basis of product type (portable isolation room, portable isolation pod), occupancy (single, multiple), sales channel (direct, indirect) across seven major regions (North America, Latin America, Europe, East Asia, South Asia & ASEAN, Oceania, MEA).
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