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Irradiation Sterilization Services Market Soars: Detailed Analysis Unveils Market Size, Growth Drivers, Key Trends, and Competitive Landscape for Future Expansion
Irradiation Sterilization Services Market
As per the report, the irradiation sterilization services market size has grown rapidly in recent years. It will grow from $2.34 billion in 2023 to $2.65 billion in 2024 at a compound annual growth rate (CAGR) of 13.1%. The irradiation sterilization services market size is expected to see rapid growth in the next few years. It will grow to $4.39 billion in 2028 at a compound annual growth rate (CAGR) of 13.5%.
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Rising Prevalence Of Healthcare-Associated Infections Fuels Growth Of Irradiation Sterilization Services
The increasing prevalence of healthcare-associated infections is expected to propel the growth of the irradiation sterilization services market going forward. Healthcare-associated infections (HAIs) are infections that patients acquire while receiving medical treatment in a healthcare facility, including hospitals, long-term care facilities, and outpatient clinics, typically not present or incubating at admission but developing within a defined period afterward. The increasing prevalence of healthcare-associated infections is due to antibiotic resistance, inadequate infection control measures, and the growing complexity of medical procedures. Irradiation sterilization services are used in healthcare to prevent healthcare-associated infections by ensuring medical instruments and surfaces are free from harmful microorganisms. For instance, in August 2023, according to Nuffield Trust Limited, a UK-based health research and policy analysis provider, the number of Escherichia coli and Clostridioides difficile infections increased from 6,544 and 4,254, respectively, in 2021 to 7,070 and 5,344 in 2022. Therefore, the increasing prevalence of healthcare-associated infections is driving the growth of the irradiation sterilization services market.
Innovative Cloud-Based Disinfection Technology Solutions Transform Irradiation Sterilization Services Market
Major companies operating in the irradiation sterilization services market are developing innovative products, such as cloud-based comprehensive disinfection technology solutions, to serve customers with advanced features better. Cloud-based comprehensive disinfection technology solutions refer to systems that use the power of the cloud to manage and optimize disinfection processes in facilities such as hospitals. For instance, in April 2021, Unimech Healthcare, an India-based provider of safe and smart air and surface purification solutions, launched UniClean, a cloud-based comprehensive disinfection technology solution powered by ultraviolet germicidal irradiation (UVGI) for air and surface sterilization. This technology leverages cloud computing to provide real-time monitoring, control, and data analytics to ensure optimal disinfection performance and compliance with hygiene standards. This innovative system offers 99.99% virus-free sterilization of air and surfaces in various settings, such as offices, industries, and hospitals.
The irradiation sterilization services market covered in this report is segmented -
1) By Type: Onsite Sterilization Services, Offsite Sterilization Services
2) By Technology: Gamma Irradiation, X-Ray Irradiation, E-Beam Irradiation
3) By Application: Medical Instruments, Drug, Food And Laboratory, Other Applications
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Major companies operating in the irradiation sterilization services market are 3M Company, Steris plc, Röchling SE & Co. KG, Getinge AB, Sotera Health, Sterigenics N.V., Scapa Group Ltd., IBA Industrial, Nordion Inc., Steritech Pty Ltd., Synergy Health plc, E-BEAM Services Inc., VPT Inc., Swann-Morton Limited, Ionisos SAS, Taisei Kako Co. Ltd., BGS Beta-Gamma-Service GmbH & Co. KG, SteriTek, Gamma Service Recycling GmbH, Microtrol Sterilisation Services Pvt. Ltd., China Biotech Corporation, BBF Sterilisationsservice GmbH, Symec Engineers
Contents of the report:
1. Executive Summary
2. Irradiation Sterilization Services Market Report Structure
3. Irradiation Sterilization Services Market Trends And Strategies
4. Irradiation Sterilization Services Market - Macro Economic Scenario
5. Irradiation Sterilization Services Market Size And Growth
…..
27. Irradiation Sterilization Services Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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