Press release
Sterilization Equipment Market Technology Development Demand Overview Industry Growth Rate Top Companies
Sterilization Equipment Market
In a recent research report by Market Research Community, the Sterilization Equipment Market is expected to surpass USD 22.88 Billion by the year 2028, from USD 11.6 Billion in 2021.
Sterilization is a medical procedure involving sterilizing medical equipment to eliminate biological agents from a specific surface, or fluid. Sterilizing equipment includes dry heat sterilizing equipment that is used to sterilize needles, metal instruments, and petroleum products.
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The end-user segment is categorized into hospitals & clinics, pharmaceuticals, and others. The pharmaceutical industry is expected to grow at a significant rate. Due to their adherence to strict good manufacturing practices.
Top Key Players of the Sterilization Equipment Market:
The report includes a regional analysis and country analysis with the latest trends, along with the major key players including 3M, Cantel Medical, Gettinge AB, Steris Plc, Sterile Technologies Inc., Belimed, Sterigenics US, LLC, SAKURA SEIKI Co., Ltd, Andersen Products, Inc., Celitron.
By region, Asia-Pacific is growing at a significant rate. The growth can be attributed to the growing demand for non-disposable medical devices, the increasing necessity for controlling hospital-acquired infections, and rising awareness about hygiene in hospitals and clinics. Moreover, countries such as India and China are attracting major players to set up manufacturing units are also contributing to the growth of the sterilization equipment market in the Asia Pacific region.
Type Covered in This Report Are:
Voltage Gain
Current Gain
Power Gain
On the Basis of Application:
Consumer Electronics,
Communications Industry,
Audio Video, Others
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The market is projected to grow at a significant pace reaching a CAGR of approximately 10.19%, over the forecast period of 2022-2028, despite a considerable fall in product sales during the initial phase of pandemic spread and lockdown restrictions imposed globally.
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The study is consolidated into major segments and further into sub-segments, such as by Product Type (Sterilization Instruments, Sterilization Consumables and Accessories), by Service Type (Steam Sterilization, Dry Heat Sterilization, Ethylene Oxide Sterilization), End-Use (Hospitals & Clinic, Pharmaceuticals, Others), to forecast the market size by value; also includes the analysis of past market dynamics from 2016 - 2021, considering 2021 as the base year.
The research provides answers to the following key questions:
What type of customers buying the products and services from companies operating in the Sterilization Equipment Market?
What will be the roadmap for the product manufacturers operating in the Sterilization Equipment Market for the forecast period, 2022 to 2028?
What are the recent developments in the competitive landscape to look out for during the estimated period?
What are the major trends influencing customers' lives and their buying behaviour?
How can brands best communicate with the customers they intend to target?
When, where and how the customers want to use or consume the products or services?
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