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Hydrogen Peroxide Plasma Sterilizers Market to Record an Exponential CAGR by 2030

02-07-2023 07:17 PM CET | Health & Medicine

Press release from: Insightace Analytics

/ PR Agency: Insightace Analytics
Hydrogen Peroxide Plasma Sterilizers Market to Record

Insightace Analytics Pvt. Ltd. announces the release of a market assessment report on the "Global Hydrogen Peroxide Plasma Sterilizers Market- by Product Type (Greater Than 100 L, 100-300 L and > 300 L), Application Type (Medical Field and Non-medical Field), Distribution Channel (Direct Sales and Distributor), Trends, Industry Competition Analysis, Revenue and Forecast To 2030."

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According to the latest research by Insightace Analytics, the global hydrogen peroxide plasma sterilizers market is expected to reach a CAGR of 7.14 % during a forecast period of 2022-2030.
Heat-sensitive medical instruments are now disinfected using radiofrequency or microwave energy to create gas plasma in confined rooms under a deep vacuum. This process in the gadget produces free radicals with unpaired electrons. This mechanism is in charge of inhibiting microorganism metabolism by interacting with critical cell components. Hydrogen peroxide, a high-concentration low-temperature sterilizer, is fed into the chamber and heated to a plasma state. The plasma is spread throughout the sterilizer chamber to oxidize any germs on the treated material. The sterilization diffusion and plasma stage cycles are in charge of increasing sterilizer efficacy.

The value-added benefits and limitations of conventional sterilizing technologies are projected to account for the rise of the healthcare sector's hydrogen peroxide plasma sterilizers market. The influence of COVID-19 on hospitals and other healthcare services is also driving the industry. Rising government investments and hygiene and safety rules in the healthcare industry are projected to drive market expansion. Plasma sterilizers using hydrogen peroxide generate very few residues, which is a plus for sterilization procedures. As a result of the powerful features of hydrogen peroxide, clients are drawn to this strategy. Plasma sterilizers' drawbacks include their inability to penetrate deeply into long-lumen medical devices and their tiny chamber size. Furthermore, the effects of hydrogen peroxide on the human body in terms of skin, eyes, and respiratory system are likely to impede device usage and the overall market.

North America is anticipated to majorly contribute to the hydrogen peroxide plasma sterilizers market over the forecast years. The reason for this is the widespread use of modern technology and well-established healthcare infrastructure. Rising government investments and cleanliness and safety regulations in the healthcare industry are expected to fuel market growth in this area. In addition, the Asia Pacific hydrogen peroxide plasma sterilizers market is expected to grow significantly during the forecast period. The market in this area is expected to grow quickly during the forecast period due to the rising demand for hydrogen peroxide plasma sterilizers for instruments and a rapidly expanding chain of hospitals.
Major market players operating in the hydrogen peroxide plasma sterilizers market include
Shinva Medical Instrument Co., Ltd, Tuttnauer, Moonmed Group, VitroSteril, HUMAN MEDITEK CO., LTD., Laoken Medical Technology Co., LTD, MuDanJiang Plasma Physical Application Technology Co., Ltd. (CASP), Hanshin Medical Co., Ltd., CU Medical Germany GmbH, STERIS plc., Cardinal Health Canada Inc., TSO3, Inc., Steelco SpA, RENOSEM CO., LTD., A. E. ATHERTON & SONS, Youyuan Medical Equipment Manufacturing Co., Ltd., Andersen Products, Inc., Getinge AB, Matachana Group, Advanced Sterilization Products, Inc. and Other Prominent Players.

Recent collaborations and agreements in the market:
In June 2021, Cantel was purchased by a STERIS subsidiary in the United States. Cantel's products and services are widely used worldwide by endoscopic and dentistry customers. Due to the arrangement, customers gain access to a broader selection of infection prevention and procedure items and services.
In May 2021, FourKites® and Cardinal Health announced a global collaboration to improve the tracking of medical equipment, pharmaceutical items, first aid supplies, and personal protective equipment (PPE) on their way to hospitals, pharmacies, and other care facilities around the world.

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Market Segments
Global Hydrogen Peroxide Plasma Sterilizers Market, by Product Type, 2022-2030 (Value US$ Mn)
Greater Than 100 L
100-300 L
> 300 L

Global Hydrogen Peroxide Plasma Sterilizers Market, by Application Type, 2022-2030 (Value US$ Mn)
Medical Field
Non-medical Field

Global Hydrogen Peroxide Plasma Sterilizers Market, by Distribution Channel, 2022-2030 (Value US$ Mn)
Direct Sales
Distributor

Global Hydrogen Peroxide Plasma Sterilizers Market, by Region, 2022-2030 (Value US$ Mn)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa

North America Hydrogen Peroxide Plasma Sterilizers Market, by Country, 2022-2030 (Value US$ Mn)
U.S.
Canada

Europe Hydrogen Peroxide Plasma Sterilizers Market, by Country, 2022-2030 (Value US$ Mn)
Germany
France
Italy
Spain
Russia
Rest of Europe

Asia Pacific Hydrogen Peroxide Plasma Sterilizers Market, by Country, 2022-2030 (Value US$ Mn)
India
China
Japan
South Korea
Australia & New Zealand

Latin America Hydrogen Peroxide Plasma Sterilizers Market, by Country, 2022-2030 (Value US$ Mn)
Brazil
Mexico
Rest of Latin America

Middle East & Africa Hydrogen Peroxide Plasma Sterilizers Market, by Country, 2022-2030 (Value US$ Mn)
GCC Countries
South Africa
Rest of Middle East & Africa

Why should buy this report:
To receive a comprehensive analysis of the prospects for the global hydrogen peroxide plasma sterilizers market
To receive an industry overview and future trends of the hydrogen peroxide plasma sterilizers market
To analyze the hydrogen peroxide plasma sterilizers market drivers and challenges
To get information on the hydrogen peroxide plasma sterilizers market value (US$Mn) forecast to 2030
Significant investments, mergers & acquisitions in the hydrogen peroxide plasma sterilizers market industry

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