Growing Awareness Amongst The Patient Population Regarding Hospital-Acquired Infections (HAI) Is Expected To Drive Sterilization Equipment Market Growth Till 2025:Grand View Research,Inc.
The global sterilization equipment market is expected to
reach USD 9.8 billion by 2025, according to a new study by Grand View Research
Inc. Increasing number of hospital stays and growing awareness amongst the
patient population regarding hospital-acquired infections (HAI) are propelling
the market growth at a global level. Sterilization of medical devices is
significant in order to prevent the spread of diseases such as AIDS.
Furthermore, proper sterilization
of medical devices also prevents additional surgeries required to treat
infections caused by the use of unsterilized devices, thus reducing cost and
life-threatening complications. According to various research studies and
statistics, sterilization shows almost 100% effective results with the least
rate of contamination in hospitals and other medical institutions.
Browse full research report on Sterilization Equipment
Market: http://www.grandviewresearch.com/industry-analysis/sterilization-equipment-market
Further Key Findings from
the Study Suggest:
- Heat sterilization technique dominated the overall
market in 2015, as it is the most widely used method for the sterilization
of maximum medical equipment
- In addition, glassware such as flasks, petri dishes,
pipette, burette, and glass syringes are the most compatible with heat
sterilization
- Low-temperature sterilization is anticipated to grow
at the highest CAGR during the forecast period since the technique is used
to sterilize heat-sensitive and moisture-sensitive loads with high
efficiency as it destroys even the microorganisms
- Hospitals segment occupied the largest share in 2014.
The segment is also expected to witness the highest growth rate during the
forecast period as most of the medical equipment find its application in
hospitals.
- North America dominated the segment with the largest
revenue share in 2015 due to greater technological advancement, growing
awareness, and highly developed healthcare infrastructure.
- Increasing number of surgical procedures in hospitals
is aggressively propelling the demand for sterilization equipment in North
America, which is expected to boost the growth in North America
- Asia Pacific is anticipated to show a significant
growth during the forecast period, mainly due to increasing government
initiatives, large pool of patient population, and increasing incidence of
hospital-acquired infections
- Some of the major companies operating in this market
are STERIS plc; Getinge AB, Advanced Sterilization Products Services,
Inc.; 3M; Belimed; Cantel Medical; MATACHANA GROUP; Sterigenics
International LLC; and TSO3.
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the sterilization
equipment market on the basis of technique, end use, and region:
Sterilization equipment Technique Outlook (Revenue, USD
Million, 2014 - 2025)
- Heat
sterilization
- Low-temperature
sterilization
- Filtration
sterilization
- Radiation
sterilization
- Liquid
sterilization
Sterilization equipment End-user Outlook (Revenue, USD
Million, 2014 - 2025)
- Hospitals
- Pharmaceutical
companies
- Medical
devices companies
- Clinical
laboratories/research centers
- Others
Sterilization equipment Regional Outlook
(Revenue, USD Million, 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- Germany
- UK
- Asia
Pacific
- China
- Japan
- Latin
America
- Brazil
- Mexico
- MEA
- South
Africa
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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