Press release
Global Sterilization Equipment Market to Reach USD 20.02 Bn by 2030, Growing at a CAGR of 8.36%
Global Sterilization Equipment Market
The Global Sterilization Equipment Market was valued at USD 11.51 Bn. in the year 2023 and is expected to reach USD 20.02 Bn. by 2030 with a growing CAGR of 8.36% over the forecast period of 2024-2030. The nosocomial infection or the hospital acquired infection (HAI) are an existing issue for long-term patient. This could occur in variety of places such as surgical centers, medical clinics, hospitals, outpatient surgical centers, and extended care facilities, including nursing homes and rehabilitation centers. The geriatric population, low immunity individuals, and children are prone for infections.
Automation in sterilization equipment is transforming the market by improving efficiency, reducing human error, and ensuring consistent results. The rising demand for infection control is driving innovation and adoption of sterilization technologies across sectors. Eco-friendly methods, like low-impact chemicals, hydrogen peroxide vapor, and ozone sterilization, are gaining attention due to environmental concerns. However, manufacturers face challenges in meeting strict regulatory standards set by authorities like the FDA and EMA, which require thorough documentation, validation, and inspections to ensure compliance.
To access more details regarding this research, visit the following webpage:https://www.stellarmr.com/report/sterilization-equipment-market/2418
Sterilization Equipment Market Regional Insights
North America dominates the Sterilization Equipment Market. The region shows increased cases of hospital-acquired infections, coupled with a strong healthcare infrastructure that will drive North America's growth further. The Sterilization Equipment Market in the U.S. is supported by favorable reimbursement policies thanks to its robust insurance sector. The Asia-Pacific Sterilization Equipment Market is expected to show considerable CAGR in the forecast period. The region has witnessed rise in hospital-acquired infections (HAIs). With India's healthcare expenditure expected to reach $450 billion by 2025, will fuel the Asia-Pacific Sterilization Equipment Market further.
Recent developments
In 2023, 3M launched new sterilization monitoring systems
In 2023, Belimed AG introduced upgraded sterilization equipment with enhanced automation capabilities
In 2023, Matachana Group launched new sterilization models with increased energy efficiency and reduced environmental impact.
Sterilization Equipment Market Segmentation
By Product and Service
Sterilization Instrument
Sterilization Accessories
Sterilization Consumables
Sterilization Services
By Technology
High-Temperature Sterilization
Low-Temperature Sterilization
Ionizing Radiation Sterilization
Filtration Sterilization
By End-User
Hospitals and Clinics
Pharmaceutical Companies
Medical Devices Companies
Food and Beverage Companies
Others
For in-depth information on this study, visit the following link:https://www.stellarmr.com/report/req_sample/sterilization-equipment-market/2418
Sterilization Equipment Market Key Players
Getinge AB
3M Company
Belimed AG
Matachana Group
MMM Group
Cantel Medical Corp.
Advanced Sterilization Products
Johnson & Johnson
Sotera Health
Tuttnauer
MELAG Medizintechnik GmbH & Co. KG
Sterigenics International LLC
SAP
Key questions answered in the Sterilization Equipment Market are:
What is Sterilization Equipment Market?
What was the Sterilization Equipment Market size in 2023?
What is the growth rate of the Sterilization Equipment Market?
Which are the factors expected to drive the Sterilization Equipment Market growth?
What are the different segments of the Sterilization Equipment Market?
What growth strategies are the players considering to increase their presence in Sterilization Equipment Market?
What are the upcoming industry applications and trends for the Sterilization Equipment Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Sterilization Equipment Market?
What segments are covered in the Sterilization Equipment Market?
Who are the leading companies and what are their portfolios in Sterilization Equipment Market?
What segments are covered in the Sterilization Equipment Market?
Who are the key players in the Sterilization Equipment Market?
To Learn More About This Study, Please Click Here:https://www.stellarmr.com/report/req_sample/sterilization-equipment-market/2418
Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by Different Segment | 2024-2030
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation - A detailed analysis by segment with their sub-segments and Region
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
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Contact Stellar Market Research:
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Pinnac Memories Fl. No. 3
Kothrud, Pune, Maharashtra, 411029
sales@stellarmr.com
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About Stellar Market Research
Established in 2018, Stellar Market Research is an India-based consulting and advisory firm focused on helping clients reach their business transformation objectives with advisory services and strategic business. The company's vision is to be an integral part of the client's business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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