Sterilization Equipment and Disinfectants Market Report 2024-2033: Size, Share, Growth, Trends, Analysis, Outlook

The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Sterilization Equipment and Disinfectants Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $14.28 billion In 2028 At A CAGR Of 9.1% :
The sterilization equipment and disinfectants market size has grown rapidly in recent years. It will grow from $9.13 billion in 2023 to $10.07 billion in 2024 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to strong economic growth in emerging markets, growing demand for eco-friendly disinfectants, an increased healthcare expenditure and an increased number of surgical procedures. .

The sterilization equipment and disinfectants market size is expected to see strong growth in the next few years. It will grow to $14.28 billion in 2028 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to government support, an increasing prevalence of chronic diseases, rapid growth in the elderly population and a rising incidence of hospital-acquired infections (hais) will drive the market growth. . Major trends in the forecast period include new product launches, focus on disinfection robots, mergers and acquisitions, new facility expansions, technology advancements, partnerships and collaborations and increasing investments..

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Sterilization Equipment and Disinfectants Market Major Segments
The sterilization equipment and disinfectants market covered in this report is segmented -
1) By Product Type: Sterilization Equipment, Disinfectants
2) By Method: Physical Method, Chemical Method, Mechanical Method
3) By End Use: Hospitals And Clinics, Clinical Laboratories, Pharmaceutical Companies, Other Industries, Non-Industrial Use

Key Driver - Government Regulations And Actions Drive Growth In The Sterilization Equipment And Disinfectants Market Amidst Covid-19

Government regulations to combat the COVID-19 situation are expected to boost market growth during the forecast period. The US EPA announced the acceleration of reviewing the submissions by disinfectant manufacturers requesting to add emerging viral pathogens claims to the already existing surface disinfectant labels. EPA also took steps against supply chain challenges by increasing the flexibility of procurement of inert ingredients and even some active ingredients listed in List N - "Disinfectants for Use against SARS-CoV-2", without checking for the agency's approval. The manufacturers are also allowed to release the disinfectants by just notifying the changes adopted in formulation and manufacturing facilities without waiting for US EPA approval. EPA has also created platforms to identify and protect consumers from fraudulent Coronavirus Disinfectants Claims. Governments' steps against COVID-19 will focus on the enhancement of the production, approval, and safety of consumers and mitigate the supply chain challenges, which will increase the revenue of the sterilization equipment and disinfectants market.

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Prominent Trend - Sustainable Sterilization Solutions And Ppe Reuse Driving Medical Equipment Market Growth
Sustainable solutions such as repeat sterilization of the medical equipment market including personal protective equipment are expected to boost the market during the forecast period. As there is a shortage in the supply of PPE to the hospitals offering services to COVID-19 patients, few companies have come up with repeat sterilization of used PPE like gowns and masks. In October 2023, the US food and drug administration (FDA) announced that the sterilization standards and technical information reports (TIRs) had been accepted to advance innovation in medical device sterilization procedures. The design and validation of a new cleanroom and an epidemiological risk analysis for a reusable oral medical device are two of Ed's most recent initiatives . Similarly, Battelle Memorial Institute, a non-profit research organization, is aiming to reuse the N95 respirator masks by sterilizing the N95 respirator masks as long as the masks are not made of cellulose. Battelle has been funded with $400 million by the Defense Logistics Agency under US HHS to provide decontamination of N95 across 60 sites in the USA. Following the scarcity of PPE, decontamination or sterilization of PPE rather than replacing this vital medical equipment is expected to be a growth area.

Sterilization Equipment and Disinfectants Market Players
Major companies operating in the sterilization equipment and disinfectants market report are Steris Plc, Getinge AB, Advanced Sterilization Products, Sotera Health LLC, Belimed AG, 3M company, Fortive Corporation, SHINVA MEDICAL INSTRUMENT CO., LTD., CISA Production Srl, Tuttnauer, Sterility Equipment India Private Limited, Stericox Sterilizer Systems India, Udono Limited, Xi'an Sterilization Equipment Manufacturing Co. Ltd, J&J Medical Pty. Ltd, Matachana, Systec GmbH, Merck KGaA, Sartorius AG, Reckitt Benckiser Group plc, Ecolab Inc, Stryker, Becton Dickinson, Cantel Medical Corporation, Spic and Span, Barbicide, Touch Land, 4e Global, Vim, Microban, Benefect, Kimberly-Clark, Procter & Gamble Co, Zep, Inc., Noxilizer, Inc, E-BEAM Services, Inc, Clorox, S C Johnson, MMM Group, Matachana Group, Dentsply Sirona MENA, A-Dec Inc, Steelco S.p.A, Medivators Inc, MELAG, Cardinal Health, WH Group, Planmeca, SciCan Ltd.

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Largest And Fastest Growing Region In The Market
Asia-Pacific was the largest region in the sterilization equipment and disinfectants market in 2023. North America was the second largest region in the sterilization equipment and disinfectants market report. The regions covered in the sterilization equipment and disinfectants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Sterilization Equipment and Disinfectants Market Report Structure
3. Sterilization Equipment and Disinfectants Market Trends And Strategies
4. Sterilization Equipment and Disinfectants Market - Macro Economic Scenario
5. Sterilization Equipment and Disinfectants Market Size And Growth
…..
27. Sterilization Equipment and Disinfectants Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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