Press release
Global Sterilization Equipment Market Expected to Witness a Sustainable Growth over 2023
Sterilization Equipment is used for sterilization and disinfecting, widely used in health care, pharmaceuticals, food-production facilities, etc.
Europe is the largest market of sterilization equipment, which occupies average 25.12 percent of global sterilization equipment market share per year. It is followed by USA and China, which respectively have around 35 percent of the global total industry. Other main regions which take important part in this industry include Middle East and South America.
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Global Sterilization Equipment Market: Forecast by Type / Application / Region
According to the research, the most potential market in the main countries of sterilization equipment industry is China, determined by its rapid improvement of medical industry. Besides, Southeast Asia, Middle East and India should also be focused by the investors. They are the potential consumers of sterilization equipment. India is also a rapidly developing economy.
Sterilization equipment demand has a certain space, but basically showing the scarcity of high-end products due to technology barrier. There is increasing demand for high-end products.
Despite the presence of competition problems, due to the clear global economy recovery trend and industry profits, investors are still optimistic about this area; there will be more investments to enter the field.
Along with the development of Chinese domestic sterilization equipment industry, the performance distance will shorten gradually, compared with the imported sterilization equipments.
Over the next five years, LPI(LP Information) projects that Sterilization Equipment will register a 4.2% CAGR in terms of revenue, reach US$ 2330 million by 2023, from US$ 1820 million in 2017.
Global Sterilization Equipment Market: Key Players
Steris Corporation
GETINGE AB
Tuttnauer
BELIMED
Advanced Sterilization Products
Yamato
3M
Matachana group
MMM group
SAKURA
Systec
Telstar
SHINVA
LOAKEN
Runyes
Senoh Medical Equipment
Shenan Medical Instrument
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Related Information:
United States Sterilization Equipment Market Research Report 2018
Europe Sterilization Equipment Market Research Report 2018
North America Sterilization Equipment Market Research Report 2018
Asia-Pacific Sterilization Equipment Market Research Report 2018
China Sterilization Equipment Market Research Report 2018
EMEA Sterilization Equipment Market Research Report 2018
Global Sterilization Equipment Market Research Report 2018
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