Sterilization Equipment and Disinfectants Market Overview, Challenges, Opportunities, Trends and Market Analysis by 2023

The global sterilization equipment and disinfectants market is growing significantly due to technological advancement such as innovation of E-beam and gamma beam in the industry. Sterilization equipment and disinfectants are elemental procedures used to eliminate or control various infectious agents, such as virus and bacteria. The increasing use of these in hospitals, clinics, and laboratories, to reduce the hospital acquired infection, support the growth of the sterilization equipment and disinfectants market.

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On the basis of products, the sterilization equipment market can be categorized as heat sterilizers, low temperature sterilizers, radiation sterilization and filtration sterilization. The heat sterilization equipment leads the sterilization equipment and disinfectants market due to its user friendly and secure nature; whereas, the low temperature sterilizers are expected to grow at the fastest rate in the coming years due to its complex and advanced sterilizing efficiency for medical devices, such as endoscopes. Heat sterilization is further categorized as autoclave, hot air oven, and others. Low temperature sterilizers include ethylene oxide sterilization, hydrogen peroxide gas plasma, and vaporized hydrogen peroxide. Whereas, the radiation sterilization includes gamma sterilization, electron beams sterilization, and others.

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Some of the factors driving the growth of sterilization equipment and disinfectants market are rise in geriatric population, rise in number of surgeries in hospitals and clinics, and increasing number of hospital acquired infection. In addition, increasing healthcare expenditure and increasing prevalence of diseases, such as cancer and tuberculosis, are also expected to fuel the growth of the global sterilization equipment and disinfectants market. However, strict regulatory requirements, high cost of sterilization equipment, and utilization of disposable medical devices are some of the factors restraining the growth of the sterilization equipment and disinfectants market.

Geographically, North America will be leading the global sterilization equipment and disinfectants market in the coming years due to rise in aging population, and increasing demand of non-disposable surgical instruments, such as endoscopy devices and forceps. Moreover, Asia-Pacific is the fastest growing region in the global sterilization equipment and disinfectants market. The major reasons for the fastest growth in the region are increasing healthcare expenditure, increasing prevalence of infectious diseases, and large pool of patients in the region. Moreover, the sterilization equipment and disinfectants market is growing due to increasing awareness of healthcare in the emerging countries, such as India and China, of Asia-Pacific region.

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Some of the companies operating in the sterilization equipment and disinfectants market are 3M, Cantel Medical Corporation, Belimed AG, TSO3 Inc., Getinge Group, CISA Group, Advanced Sterilization Products Services Inc., Synergy Health Plc, STERIS Corporation, Kimberley-Clark Corporation, Nordion Inc., and Sakura SI Co.Ltd.

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