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Sterilization Services Market- Top Companies, Business Growth & Investment Opportunities, Share 2030
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The global sterilization services market is witnessing a rise in hospital-acquired infections (HAIs), an increased risk of epidemic or pandemic outbreaks, a surge in surgical procedures worldwide, and a growing adoption of E-beam sterilization. However, concerns about the safety of reprocessed instruments limit growth to some degree. Despite this, there are significant growth opportunities in emerging markets that are expected to be lucrative for the industry.
The global sterilization services market is witnessing a rise in hospital-acquired infections (HAIs), an increased risk of epidemic or pandemic outbreaks, a surge in surgical procedures worldwide, and a growing adoption of E-beam sterilization. However, concerns about the safety of reprocessed instruments limit growth to some degree. Despite this, there are significant growth opportunities in emerging markets that are expected to be lucrative for the industry.
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In 2020, North America dominated the global sterilization services market, capturing nearly two-fifths of its share. The region's market growth is propelled by an increased adoption of sterilization products and contract sterilization services, a growing demand for sterilization to mitigate the prevalence of HAIs, and a rise in the elderly population. Meanwhile, the Asia-Pacific region is anticipated to exhibit the fastest compound annual growth rate (CAGR) of 5.9% during the forecast period. This growth is attributed to the escalating incidence of hospital-acquired infections in emerging economies, an uptick in the adoption of sterilization equipment, advancements in research and development, a surge in healthcare reforms, and technological innovations in medical device manufacturing. Other regions covered in the report include Europe and LAMEA.
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Fortive Corporation
H.W. Andersen Products Ltd.
E-BEAM Services, Inc.
Medistri SA
Metall Zug AG.
Steris Plc.
MMM Group
Noxilizer Inc.
Sotera Health LLC.
Stryker Corporation
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