Sterilization Equipment Market By Diagnosis, Clinical Review and Drug Descriptions Research Report
Global Sterilization Equipment Market: By Product (Heat Sterilization, Low-Temperature Sterilization, and Others), by Technology (Gravity, Vacuum, Steam, Forced Convention), and by End-User (Pharmaceutical Companies and Others)–Global Forecast Till 2023
Market Highlights:
The increasing geriatric
population, a growing number of surgical procedures and increasing research and
development activities in the healthcare sector are the major factors driving
the growth of the global sterilization
equipment market. Sterilization equipment
are necessary to maintain the sterile conditions during research activities,
manufacturing of pharmaceuticals and during medical procedures. Additionally,
increasing R&D spending and aggressive strategies adopted by the top
players, such as new product launches, are contributing to the growth of the
market. For instance, in August 2018, Cantel Medical announced the acquisition
of Stericycle's Controlled Environmental Solutions Business for USD 17 million,
it is a leading provider of testing and certification, environmental monitoring
and decontamination services for clean rooms, and other services related to
regulatory compliance and quality control
The high costs associated
with surgeries, stringent regulatory environment for product approval, and lack
of awareness about sterilization methods are likely to hinder the market growth
during the forecast period.
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Regional Analysis
The market in the Americas
is expected to dominate the global sterilization equipment market during the forecast
period owing to the increasingly strict sterility guidelines, increase in the
number of surgical procedures due to rising geriatric population, the presence
of a well-established healthcare system and adoption of highly advanced
technology. The European market is expected to be the second-largest due to the
increasing government expenditure on healthcare and increasing research
activities in the life sciences sector, and the growing number of road
accidents in Europe. Moreover, the market in Asia-Pacific is anticipated to be
the fastest-growing during the forecast period owing to the increasing
geriatric population in the region, increasing number of hospitals in Asia, and
favorable government initiatives for healthcare facilities. The market in the
Middle East & Africa is likely to account for the smallest share of the
global sterilization equipment market.
Segmentation
The global sterilization
equipment market has been segmented on the basis of product, technology, and
end-user.
On the basis of product,
the market has been classified as heat sterilization, low-temperature
sterilization, filtration sterilization, ionizing radiation sterilization. The
heat sterilization segment has been further divided into dry heat sterilization
and moist heat sterilization. The Low-temperature sterilization segment has
been further divided into ethylene oxide sterilization, hydrogen peroxide
sterilization, and others. The ionizing radiation sterilization segment has
been classified as electron beams and gamma rays.
The technology segment has
been divided into steam, forced convention, vacuum, gravity, and natural
convection. The market, by end–user, has been segmented into hospitals &
clinics, research institutes, pharmaceutical companies, food & beverage industry,
medical device companies, and other end–users.
Intended Audience
- Sterilization
equipment manufacturers
- Sterilization
equipment distributors and suppliers
- Healthcare
providers
- Medical
device manufacturers
- Research
institutes and academic centers
- Contract
research organizations (CROs)
- Government
associations
- Market
research and consulting
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The report for Global market by Market
Research Future comprises of extensive primary research along with the detailed
analysis of qualitative as well as quantitative aspects by various industry
experts, key opinion leaders to gain a deeper insight of the market and
industry performance. The report gives a clear picture of the current market
scenario which includes past and estimated future market size with respect to
value and volume, technological advancement, macro economical and governing
factors in the market. The report provides detail information about and
strategies used by top key players in the industry. The report also gives a
broad study of the different market segments and regions.
Global Market– Competitive
Dashboard
Some of the key players in
the global sterilization equipment market are 3M, STERIS plc., Getinge AB,
Sotera Health, Advanced Sterilization Products (Division of Ethicon), Belimed,
Anderson Products, Boekel Scientific, Celitron Medical, Technologies Kft.,
Fedegari Autoclavi S.p.A., Cantel Medical., LTE Scientific, Merck & Co.,
Inc, Midmark Corporation, MMM Group, TSO3 INC., and SAKURA SI CO., LTD.
TOC:
1.
Report Prologue
2. Market
Introduction
2.1
Definition
2.2 Scope of the
Study
2.2.1
Research Objective
2.2.2
Assumptions
2.2.3
Limitations
3. Research
Methodology
3.1 Introduction
3.2 Primary
Research
3.3 Secondary research
3.4 Market Size
Estimation
TOC…Continued
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