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[At a CAGR of 7.6%], Sterilization Equipment and Disinfectant Market Will Reach USD 10.1 billion by 2027 | TMR Study

03-14-2024 11:30 AM CET | Health & Medicine

Press release from: Transparency Market Research

[At a CAGR of 7.6%], Sterilization Equipment and Disinfectant

Sterilization equipment and disinfectants play a critical role in maintaining cleanliness, preventing infection transmission, and ensuring safety in healthcare facilities, laboratories, pharmaceutical manufacturing, and other industries. This research report provides a comprehensive analysis of the market dynamics, technological advancements, key players, recent developments, and future prospects within the sterilization equipment and disinfectant market.

Sterilization equipment includes devices and systems used to eliminate or destroy all forms of microbial life, including bacteria, viruses, fungi, and spores, from surfaces, instruments, equipment, and healthcare environments. Disinfectants are chemical agents or solutions used to reduce the number of microorganisms on surfaces, objects, and skin to levels considered safe by public health standards.

Sterilization Equipment and Disinfectant market is estimated to attain a valuation of US$ 10.1 Bn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 7.6% during the forecast period, 2019-2027

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The significant players operating in the global Sterilization Equipment and Disinfectant market are

Advanced Sterilization Products Services, Inc. (A Johnson & Johnson Company), Getinge AB, STERIS plc., Belimed, 3M Company

Market Dynamics

Growing Awareness: Increasing awareness of the importance of infection control and prevention measures, coupled with rising concerns about HAIs, antimicrobial resistance, and healthcare-acquired outbreaks, drives demand for effective sterilization equipment and disinfectants to maintain clean and hygienic environments in healthcare facilities, laboratories, and public spaces.

Technological Advancements: Continuous advancements in sterilization technologies and disinfectant formulations lead to the development of more efficient, rapid, and environmentally sustainable solutions for microbial decontamination, including innovations in low-temperature sterilization, ultraviolet (UV) disinfection, hydrogen peroxide vapor sterilization, and electrostatic spraying systems.

Regulatory Compliance: Stringent regulatory requirements and guidelines from regulatory agencies such as the U.S. Food and Drug Administration (FDA), Environmental Protection Agency (EPA), and Centers for Disease Control and Prevention (CDC) mandate the use of approved sterilization equipment and disinfectants, adherence to standardized protocols, and validation of efficacy and safety for healthcare-associated applications.

Recent Developments

Portable and Mobile Solutions: Recent developments in sterilization equipment include the introduction of portable and mobile sterilization units equipped with advanced technologies such as UV-C light, ozone, and plasma for on-demand disinfection of surfaces, medical devices, and personal protective equipment (PPE) in healthcare settings and public spaces.

Sustainable Disinfectants: Emerging trends in disinfectant formulations focus on the development of sustainable and environmentally friendly solutions with reduced toxicity, lower environmental impact, and biodegradable properties, aligning with global efforts to promote green chemistry and sustainability in healthcare practices.

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Market Segmentation -

Method

Heat Sterilization
Dry Heat Sterilization
Moist Heat Sterilization

Radiation Sterilization

Filtration Sterilization
Low Temperature Sterilization

Disinfectant Type

Oxidizing Agents
Ethylene Oxide
Formaldehyde Vapour
Others

Non-oxidizing Agents
Quaternary Ammonium Compounds
Phenols
Others

End-user

Hospitals and Diagnostic Centers
Medical Devices Companies
Pharmaceutical Companies
Research & Educational Institutes

This Report lets you identify the opportunities in Sterilization Equipment and Disinfectant Market by means of a region:

North America (the United States, Canada, and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)

Key Features of the Sterilization Equipment and Disinfectant Market Report: -

➤ Analyze competitive developments such as expansions, deployments, new product launches, and market acquisitions.

➤ Examine the market opportunities for stakeholders by identifying higher growth sections.

➤ To study and analyze the global Sterilization Equipment and Disinfectant industry status and forecast including key regions.

➤ An in-depth analysis of key product segments and application spectrum, providing strategic recommendations to incumbents and new entrants to give them a competitive advantage over others.

➤ It provides a comprehensive analysis of key regions of the industry as well as a SWOT analysis and Porter's Five Forces analysis to provide a deeper understanding of the market.

➤ It helps you make strategic business decisions and investment plans.

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About Us Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision-makers, made possible by experienced teams of Analysts, Researchers, and Consultants. The proprietary data sources and various tools & techniques we use always reflect the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.

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Transparency Market Research Inc.
CORPORATE HEADQUARTER DOWNTOWN,
1000 N. West Street,
Suite 1200, Wilmington, Delaware 19801 USA
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453

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