Global Medical Radiation Sterilization Equipment Market 2023 | Present Scenario and Growth Prospects 2030

Global Medical Radiation Sterilization Equipment market which was USD 7.2 billion in 2021, would rocket up to USD 14.14 billion by 2029, and is expected to undergo a CAGR of 8.80% during the forecast period 2022 to 2029.

Nosocomial infections, sometimes referred to as hospital-acquired infections (HAIs), are most frequently discovered in patients undergoing lengthy medical or surgical care. They can happen in operating rooms, outpatient care facilities, hospitals, ambulatory surgery centres, and long-term care facilities including nursing homes & rehab facilities. HAIs are typically more common in the elderly population, children, and people with weakened immune systems.

Catheter use, poor cleanliness standards in healthcare facilities, and overuse of antibiotics are just a few examples of factors that can make people more susceptible to HAIs. Furthermore, one of the main drivers of market expansion is an increase in the quantity of surgical procedures performed in clinics. To maintain a healthy environment in the clinic, proper hygiene and sanitation must be maintained. Additionally, the spread of COVID-19 necessitates the implementation of preventative measures for limiting the disease's transmission. The use of sterilising equipment in clinics is anticipated to be influenced by these factors.

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As they aid in minimising the transmission of infections and diseases, sterilisation equipment is necessary for the sterilisation and cleaning of various equipment used in hospitals. The prevalence of chronic diseases including diabetes, cancer, and other autoimmune disorders is expected to rise, which would raise the demand for sterilising equipment. Some of the key causes of the rising prevalence of chronic diseases include antimicrobial resistance, an increase in unhealthy and sedentary lifestyles, smoking, and alcohol use.

Top key players of The Global Medical Radiation Sterilization Equipment Market:
• Getinge Group
• Steris
• Advanced Sterilization Products
• Belimed
• 3M
• Matachana Group
• Cantel Medical
• Sterigenics International
• MMM Group
• TSO3

Market: By Types
• E-Beam Radiation Sterilization
• X-Ray Sterilization
• Gamma Sterilization

Market: By Applications
• Hospitals
• Clinics
• Ambulatory Surgical Centers
• Other

Global Medical Radiation Sterilization Equipment Market: Regional Analysis
The countries covered in the regional analysis of the Global Medical Radiation Sterilization Equipment market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

Key Benefits:
• The analysis provides an overview of the factors driving and limiting the growth of the market including trends, structure and others.
• Market estimation for type and geographic segments is derived from the current market scenario and expected market trends.
• Porter's Five Force Model and SWOT analysis are used to study the global Medical Radiation Sterilization Equipment market and would help stakeholders make strategic decisions.
• The analysis assists in understanding the strategies adopted by the companies for the growth of this market.
• In-depth analysis of the types of Medical Radiation Sterilization Equipment would help in identifying future applications in this market.

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Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

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