Global Sterilization Equipment And Disinfectants Market Opportunities And Strategies Report - Forecast 2030
According to The Business Research Company's Sterilization Equipment And Disinfectants market report, the global sterilization equipment and disinfectants market reached a value of nearly $7,142.3 million in 2019, having increased at a compound annual growth rate (CAGR) of 5.9% since 2015. The market is expected to increase from $7,142.3 million in 2019 to $8,049.3 million in 2020 at a compound annual growth rate (CAGR) of 12.7%. The increase is mainly due to increase use of sterilization and disinfectants to combat COVID-19 pandemic across all countries in the world. The market is expected to grow at a CAGR of 6.95% from 2021 and reach $9,846.9 million in 2023.
The rising spread of COVID-19 pandemic increased the demand for sterilization equipment and disinfectant which is expected to drive the sterilization equipment and disinfectants market during the forecast period. COVID-19 is a highly infectious disease and therefore frequent decontamination and disinfection of the medical device products have become an important aspect during this pandemic situation. Ethylene oxide (EtO) sterilization method plays an important role in the battle against COVID-19. EtO sterilization is a?cold sterilization process?and most suitable for medical devices that cannot withstand the high temperatures such as syringes, gowns, gloves, catheters, products with plastic tubing, respiratory devices, and masks. In the US, there were closures of some ethylene oxide gas sterilization facilities due to its safety concerns posed by the local residents as the exposure to this gas leads to cancer and neurological conditions. But due to increase in COVID-19 infected personal, the ethylene oxide gas sterilization facilities are reopened in 2020.
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The Sterilization Equipment And Disinfectants market is segmented -
By Type: The sterilization equipment and disinfectants market can be segmented by type of products
a. Sterilization Equipment
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Sterilization Equipment And Disinfectants market.
Major competitors in the Sterilization Equipment And Disinfectants market include Getinge AB, Belimed AG, Advanced Sterilization Products, Steris Corporation, Cantel Medical Corporation
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The sterilization equipment and disinfectants market consists of sales of sterilization equipment and disinfectants by entities (organizations, sole traders and partnerships) that produce sterilization equipment and disinfectants, which are used in the decontamination of microorganisms from equipment and supplies. The manufactures of sterilization equipment and disinfectants are primarily engaged in manufacturing equipment which is used for decontamination by physical, chemical and mechanical methods by hospital and clinics, clinical laboratories, pharmaceutical companies, food and beverage industry and households.
The Table Of Content For The Sterilization Equipment And Disinfectants Market Include:
1. Sterilization Equipment And Disinfectants Market Executive Summary
2. Table of Contents
3. List of Figures
4. List of Tables
5. Report Structure
6. Introduction to the Sterilization Equipment And Disinfectants market
25. Key Mergers And Acquisitions In The Sterilization Equipment And Disinfectants Market
26. Market Background: Nursing Care
27. Sterilization Equipment And Disinfectants Market Opportunities And Strategies
28. Sterilization Equipment And Disinfectants Market, Conclusions And Recommendations
The Business Research Company's "Global Sterilization Equipment And Disinfectants Opportunities And Strategies Market Report - Forecast To 2030" is the most comprehensive report available in market, providing data and statistics from over 60 geographies analyzed in more than 2500 market segments. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. Additionally, it evaluates the market's historic and projected growth and identifies significant trends and strategies that can be used to outperform the competitors in the sector.
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