Sterilization Equipment and Disinfectant Market: Government Initiatives for Better Healthcare Facilities to Boost the Demand Globally, TMR
Sterilization plays a huge part in healthcare industry. The propensity of getting affected by any virus or infection is high from hospitals, clinics, and in laboratories spreads at an enormous speed. The continuous increase in hospital-acquired infections has forced authorities to formulate stick actions and better use sterilization must be imposed that will help in eradicating the flow of microorganism. The increasing health consciousness among the huge population across the globe, as well as increasing healthcare infrastructure has also increased the use of sterilization. Moreover, increasing geriatric population, increasing number of visits, and longer stays in hospitals will expand the growth of sterilization equipment and disinfectant market in coming years. In addition, growing number of surgeries in clinics and hospital will expand the growth of sterilization equipment and disinfectant market.
Technological advancement has introduced low temperature sterilization, which has profoundly taken up the global market. Low temperature sterilization consists of hydrogen peroxide gas plasma, ethylene oxide sterilization, and others. The global acceptance for hydrogen peroxide gas plasma has grown widely as the technology kills microorganisms, produces uncharged molecules inside the plasma field, and intrudes the working of cell components. Additionally, with constant technological advancements in low temperature sterilization equipment will further boost the market to use more of sterilized equipment in coming years.
Request Sample of Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=389
The global market for sterilization equipment and disinfectant is expected to flourish in coming years due to following reasons:
Higher number of surgical performance where half a million population in the U.S have undergone inpatient surgeries, which is been closely followed by outpatient surgeries, derived from the data collected from Centers for Disease Control and Prevention. As the use of sterilization equipment’s are highly used during surgical procedures, which is expected to grow in near future.
Globally increasing incidence of chronic diseases and growing government initiatives to adopt specified sterilization standards in respected places will increase the demand for sterilization equipment among huge population.
Additionally, increasing public health awareness programs which incorporate strict medical safety and infection control procedures have resulted in reducing healthcare cost and made shorter stays of the patients at the hospital
In addition to low temperature sterilization, gamma radiation is also widely used as a sterilization process in food industry.
On the other hand, increasing use of disposable medical devices such as face masks, gloves, syringes, needles, and catheters may deter the use of sterilization equipment and hamper he market.
Geographically, a prominent role is played by North America due to advanced technology, increased presence of infectious diseases, and growing demand for non-disposable surgical instruments.
Recently, with the increased traffic on numerous Chinese products by the U.S., government could escalate the price for various imaging, sterilization, and medical equipment, including X-ray tubes, EKGs, and CT scanners. This will eventually increase the medical cost in the U.S. as well.
Request for Custom Research - https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=389
Market in North America to expand at considerable pace and create high incremental opportunity
In terms of value, North America held a major share of the global market in 2017. This is due to rise in awareness about HAI and increase in focus on research and development in the U.S. Furthermore, high prevalence of infectious diseases, such as cholera, influenza and syphilis, in North America propels the demand for utilization of sterilization equipment and disinfectants, which in turn is projected to propel the sterilization equipment and disinfectant market in North America from 2018 to 2026.
Poor sanitization measures and lack of awareness about prophylaxis of diseases among people increases the rate of hospitalization and the demand for utilization of sterilization equipment and disinfectants. This, in turn, is anticipated to drive the sterilization equipment and disinfectant market in Asia Pacific. According to the British Medical Journal (BMJ), contamination of water is a serious threat in countries in Africa that witnessed an increased risk of diarrhea due to inadequate water storage. Prevention of water contamination and associated risk increases the demand for disinfectant equipment and chemicals in this region. These factors are likely to propel the sterilization equipment and disinfectant market in Latin America. The market in the region is expected to expand at a CAGR of above 4.6% from 2018 to 2026.
Request for Discount on this Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=D&rep_id=389
Steris, GETINGE AB, and Advanced Sterilization Products Services, Inc. to dominate market
The report provides profiles of leading players operating in the global sterilization equipment and disinfectant market. They include Advanced Sterilization Products Services, Inc., Getinge AB, STERIS Corporation, Belimed, 3M Company, Cantel Medical Corp., TSO3 Inc., SAKURA SI Co., Ltd., Matachana Group, and CISA production srl. Market players adopt strategies such as expansion of product portfolio by developing new products or through acquisitions and licensing agreements. For instance, On May 29, 2017, the Belimed Group (Infection Control Business Unit of Metall Zug Group) acquired 100% stake in Sterifast, a Portugal-based company that specializes in low temperature sterilization. The acquisition of Sterifast is anticipated to provide Belimed access to know-how and solutions for the rapidly expanding low temperature sterilization market. Moreover, it is anticipated to strengthen the company’s position as a full solution provider. Other key players are also adopting similar strategies.
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.”
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453