Sterilization Technologies Market Is Finds future growth and Business by 2022Posted by pooja on June 4th, 2019 Sterilization Technologies Market report, published by Allied Market Research, forecasts that the global market is expected to garner ,578 million by 2022, growing at a CAGR of 5.8% during the period 2016 - 2022. The chemical & gas sterilization segment dominated the market in 2015, with more than half share, in terms of revenue.
Chemical & gas sterilization accounted for more than half market share, in terms of revenue, in 2015, owing to the ability of gases to penetrate multiple packaging layers. This sterilization technology is used for catheters, equipment with integrated electronics, assembled complex devices, stents, custom procedure packs, multi-lumen tubing products, and wound care dressings. Medical devices segment held the largest share by end user in 2015, in terms of revenue, and is expected to grow at a CAGR of 5.7% during the forecast period. Sterilization technologies are used in the medical industry to sterilize tissues, medical products, and cleanroom consumables. Penetration and dose uniformity ratio, shorter processing time, enhanced polymer reaction, and flexibility have made X-ray processing as the preferred sterilization procedure for medical device products. Key Findings of Sterilization Technologies Market
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