An international Sterilization Equipment market research report delivers widespread analysis of the market structure along with the estimations of the various segments and sub-segments of the market. This industry report also contains detailed profiles of market’s major manufacturers and importers who are dominating the market. Furthermore, the statistical and numerical data such as facts and figures are represented very precisely in the market report by using charts, tables, or graphs. The transformation in market landscape is mainly observed due to the moves of key players or brands which include developments, product launches, joint ventures, mergers, and acquisitions that in turn change the view of the global face of the industry.
The sterilization equipment market was valued at USD 13.8 billion in 2021 and is expected to reach USD 25.92 billion by 2029, registering a CAGR of 8.2% during the forecast period of 2022-2029. The “sterilization instruments” accounts for the largest product and service segment in the sterilization equipment market within the forecasted period owing to the rising incidence of HAIs along with the stringent regulatory mandates for infection control. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
Browse Full Report Along With Facts and Figures @ https://www.databridgemarketresearch.com/reports/global-sterilization-equipment-market
Market Overview:
The sterilization equipment is basically used to eliminate and disinfect life forms, such as bacteria, fungi, viruses, and other biological agents. Sterilization is a critical medical procedure that involves sterilizing medical equipment and devices to completely eliminate and destroy biological agents or microbial growth that involves any transmissible agents, thereby preventing hospital-acquired infections through medical instruments and maintaining a hygienic and sterile environment for any surgical procedure.
Post Covid-19 Impact on Sterilization Equipment Market
The sterilization equipment market was largely industry impacted by the outbreak of COVID-19. Healthcare industry was largely impacted by the outbreak of COVID-19 with hospitals becoming overburdened as the number of patients grows. To deal with the increased number of cases, temporary hospitals are being put up. As a result of the increased incidence of HAIs in hospital settings, the spread of COVID-19 has sparked a boom in demand for sterilization equipment and services. The rising cost of healthcare as well as the growing number of temporary hospitals, are boosting demand for and acceptance of sterilization goods and services.
The factors such as rising need for hospital beds and intensive care units (ICUs), the expansion of isolation facilities, and rising consumer awareness of sterilizing products and services for medical devices and single-use products have boosted the sterilization equipment and service demand. Regulatory organizations all across the world have taken various measures in response to the pandemic's mounting burden. Therefore, the increased product demand during COVID-19, has largely boosted the market growth.
Some of the major players operating in the sterilization equipment market are
l STERIS (U.S.)
l Getinge AB (Sweden)
l 3M (U.S.)
l Sotera Health (U.S.)
l Fortive (U.S.)
l Cardinal Health (U.S.)
l Metall Zug Ag (Switzerland)
l Stryker (U.S.)
l Merck KGaA (Germany)
l MMM Group (Germany)
l MATACHANA GROUP (Spain)
l Tuttnauer (Netherlands)
l Andersen Sterilizers (U.S.)
l Steelco S.p.A. (Italy)
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