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Tremendous Growth Expected in Global Sterilization Equipment and Disinfectants Market in Future

07-10-2020 08:36 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: P&S Intelligence

Tremendous Growth Expected in Global Sterilization Equipment

One of the major factors fuelling the rise in the demand for sterilization equipment and disinfectants is the rising surging prevalence of chronic diseases and ailments, requiring surgeries, across the world. For instance, cancer kills 9.6 million people and heart diseases 17.9 million each year, according to the World Health Organization (WHO). The geriatric population is growing at a rapid rate in several countries too, and this is leading to a huge rise in diseases requiring medical interventions in the form of preventive screenings, surgeries, and different types of pathology and medical tests. Moreover, there have been major technological advancements in the healthcare sector, which have propelled the adoption volume of surgeries, thereby pushing the demand for sterilization equipment and disinfectants.

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The other important factor boosting the demand for sterilization equipment and disinfectantssuch products across the globe is the increasing awareness regarding sanitation and hygiene in healthcare settings, such as clinics, clinical laboratories, and hospitals and its their important contribution toward preventing the outbreak and spread of diseases in these settings. For instance, according to the Hospital-Acquired Condition Reduction Program (HACRP) in the U.S, has provisions for imposing severe financial penalties can be imposed on hospitals if they are unable to stop the occurrence and spread of preventiblepreventable healthcare-related infections, such as central line-associated bloodstream infection (CLABSI) and CAUTI (catheter-associated urinary tracktract infections (CAUTI).

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Medical-grade Sterilization sterilization equipment and disinfectants are used in the pharmaceutical industry, clinical laboratories, and hospitals and clinics. Out of these, the hospitals recorded the highest use of these equipment and disinfectant agents in the past. This is mainly attributed to the stringent regulations and policies enacted by the regulatory bodies for implementing sterilization techniques in hospitals, in order to prevent the occurrence and spread of infections and diseases in these healthcare settings. The sterilization equipment commonly used is are of multiple types- — low low-temperature, heat, filtration, and radiation sterilizers. Amongst these, the heat-based sterilizers registered the highest utilization in the past, as heat is the best way to kill microbes.

About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.

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