Sterilization Equipment Market 2021-2028: Analysis On The Basis Of Current Industry Demand, Growth Rate, New Trends And Key Players

There are many different kinds of sterilization equipment for use in medical and pharmaceutical laboratories, including autoclaves, handpieces, centrifuges, airless bins, vials, kits, and more. The autoclave is one of the most popular sterilization machines used in research laboratories and medical settings. Over the years, the number of surgical procedures has increased massively across the globe. With the availability of minimally invasive medical devices, the adoption of surgical procedures has increased. These surgical procedures include cosmetic surgeries, cataract surgery, breast biopsy, coronary artery bypass, and cesarean surgery. This, in turn, has increased the demand for sterilization devices. Hence, such factors can augment growth of the sterilization equipment market. For instance, in June 2019, Getinge Group launched GSS610H, a steam sterilizer built on a platform built in cooperation with Central Sterile Supply Department (CSSD) staff.

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Sterilization equipment has become an essential part of almost any healthcare institution such as clinics & hospitals, biotechnology labs, pharmaceutical labs, and more. Especially in hospitals, it is extremely important to avoid hospital-acquired infections (HAI). As per the World Health Organization (WHO), of every 100 hospitalized patients 10 from emerging and 7 from developed countries will acquire at least one healthcare-related infection. According to the European Centre for Disease Prevention and Control, around 7.1% of Europeans get affected by hospital-acquired infections. Such a high prevalence of HAI increased the adoption of sterilization equipment such as steamers, trays, and more. Hence, such factors can stimulate growth of the sterilization equipment market.

Sterilization Equipment is used in many clinical facilities, including surgical theaters, nursing homes, hospices, doctors' offices, clinics, and hospitals. Sterilization is frequently required for surgical procedures, although in some cases it may be performed on an outpatient basis. Sterilization is essential for the prevention of bacterial contamination in both humans and animals, such as in intensive care and rehabilitation units, as well as in public healthcare facilities, such as clinics and hospitals. Regardless of these factors, there remain certain challenges that can negatively affect growth of the market. For instance, non-compliance to sterilization standards can be a major hindering factor in the development of the market. Furthermore, high costs associated with devices and exposure to chemicals can impede growth of the sterilization equipment market.

Steam sterilizers usually employ two methods to sterilize instruments. The first is the dry run where a sterile fluid containing solutions of chlorine bleach, trivalent chromic acid, sodium hypochlorite, or potassium nitrate is introduced into the autoclave chamber along with the instrumentation that needs to be sterilized. As far as geographical influence is considered, North America seems to be gaining robust traction in the sterilization equipment market. This is due to growing prevalence of HAI cases and the presence of well-established healthcare infrastructure across the U.S. and Canada. On the contrary, Asia Pacific exhibiting a positive outlook due to increasing need for HAI cases in emerging economies in the region.

This report focuses on the top players in global market, like Cantel Medical Corp. (USA), 3M Company (USA), Belimed AG (Switzerland), Andersen Products, Inc. (USA), Advanced Sterilization Products (USA), Matachana Group, Sterile Technologies, Inc. (US), Getinge AB (Sweden), and Sterigenics International, Inc. (USA).

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