Global Sterilization Equipment Market Analysis Report 2023

Posted by Bharat Book on November 2nd, 2018

Bharat Book Bureau Provides the Trending Market Research Report on “Sterilization Equipment Market By Product And Service [Equipment (Moist Heat, Dry Heat, Hydrogen Peroxide, Ethylene Oxide), Consumables (Sterilization Indicators, Sterilant Cassettes), Services (E-Beam, EtO, Gamma)]- Global Forecast To 2023” under Life Sciences category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports.

Sterilization Market by Equipment (Moist Heat, Dry Heat, Hydrogen Peroxide, Ethylene Oxide Sterilization) Consumables (Sterilization Indicators, Sterilant cassettes) Services (E-Beam, EtO, Gamma Sterilization), and by End User - Global Forecast to 2023

The global sterilization market is expected to grow at a CAGR of 7.0% from 2018 to reach USD 10.51 billion by 2023, driven by the factors such as increasing volume of surgeries performed globally, growing need to reduce occurrences of HAIs, and focus on reducing the cost of healthcare by minimizing hospital readmissions attributed to HAIs. Furthermore, the technological advancements in the medical device industry and increasing need for advanced sterilization equipment are expected to drive the technological growth of the sterilization equipment market by 2023.

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The low temperature sterilizers segment dominated the sterilization equipment market. However, the radiation sterilization segment comprising, e-beam and gamma sterilizers is expected to grow at the fastest CAGR during the forecast period, owing to their benefits, such as shorter sterilization cycle time, lower cost of sterilization, and compatibility with majority of the advanced medical devices available in the market.

An in-depth analysis of the geographical scenario of the industry provides detailed qualitative and quantitative insights about the five major geographies (North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa) along with the coverage of major countries in each region. North America accounted for the largest share of the sterilization technologies market in 2017. However, during the forecast period, the APAC market is expected to register the fastest CAGR. The growth in this geographic market is primarily attributed to the government initiatives to improve healthcare infrastructure in this region, increasing number of hospitals in this region, and rising number of surgeries being performed and thereby growing demand for sterilized instruments. India and China represent the fastest growing markets in this region and globally as well.

The major players operating in the sterilization technologies market are Steris, Getinge, Sotera Health, Advanced Sterilization Products, 3M, Belimed, MMM Group, Matachana Group, and Cantel Medical. While there are numerous regional and local players in the sterilization equipment and consumables market, the contract sterilization services market is dominated by Steris and Sotera Health. Some of the other key players in the contract sterilization services market are Cretex Companies, Medistri, COSMED Group, E-BEAM Services, Cantel Medical, Stryker Corporation, and Centurion Medical Products.

Scope of the Report:

Sterilization Equipment Market, by Technology

Heat Sterilization Equipment

- Moist Heat Sterilizers

- Dry Heat Sterilizers

Low Temperature Sterilization Equipment

- Hydrogen peroxide Gas Plasma Sterilizers

- Ethylene Oxide Sterilizers

- Ozone-based Sterilizers

- Formaldehyde Sterilizers

- Other Low-temperature Sterilizers

Radiation Sterilization Equipment

Filtration Sterilization Equipment

Sterilization Consumables Market, by Type

Sterilization Indicators

Sterilant Cassettes

Other Consumables (Pouches, Trays, etc.)

Contract Sterilization Services, by Type

Ethylene Oxide Sterilization Services

Gamma Sterilization Services

E-beam Sterilization Services

Steam Sterilization Services

Other Sterilization Services

Sterilization Technologies Market, by End User

Hospitals & Clinics

Medical Device Companies

Pharmaceutical Companies

Food & Beverages Industry

Other End Users

Sterilization Technologies Market, by Country/Region

North America

- U.S.

- Canada

Europe

- Germany

- Spain

- France

- U.K.

- Italy

- Rest of Europe (RoE)

Asia-Pacific (APAC)

- China

- Japan

- India

- Rest of APAC (RoAPAC)

Latin America

Middle East and Africa

Browse our full report with Table of Contents : https://www.bharatbook.com/MarketReports/Sterilization-Equipment-Market-By-Product-And-Service-Equipment-Moist-Heat-Dry-Heat-Hydrogen-Peroxide-Ethylene-Oxide-Con/1270353

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