Low Temperature Sterilization Equipment Market – Which are the Segments Getting More Attention

Global Low Temperature Sterilization Equipment Market

The Global Low Temperature Sterilization Equipment Market, by Technology (Low Temperature Steam Formaldehyde, Hydrogen Peroxide Gas Plasma, Vaporized Hydrogen Peroxide, Ozone, and Ethylene Oxide), by End User (Pharmaceutical Companies, Hospitals, Ambulatory Surgical Centers, and Clinics) and by Region (North America, Asia Pacific, Latin America, Europe, the Middle East, and Africa) had a market valuation of US$ 1,120.1 million in 2016 and is anticipated to grow at a CAGR of 10.6 percent during forecast period (2017 – 2025).

With the rising prevalence of surgical operations and the adoption of minimally invasive surgical techniques throughout the world, the global low temperature sterilization equipment market is projected to grow significantly. According to the American Society of Plastic Surgeons, more than 17.1 million minimally invasive surgical operations for different ailments were done in the U.S. in 2016.

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The global low temperature sterilization equipment market is expected to increase due to the development of novel sterilization procedures. Prior to completing a surgical procedure, tools must be reprocessed and reused. Becton Dickinson and Company launched a low temperature rigid sterilization container system with a visibly distinct set for sterilizing diverse equipment to enable long-term safety and purity preservation throughout surgical procedures in April 2016. Sterilization procedures for minimally invasive surgical instruments and other non-heat tolerant medical equipment are increasingly being introduced and updated with new technology.

New technologies such as ethylene oxide, vaporized oxygen peroxide, and others have substituted glutaraldehyde for improved sterilization products that were formerly utilized for low temperature sterilization processes. According to the Centers for Disease Control and Prevention (CDC), superbugs are responsible for more than half of all deaths caused by the use of non-sterile or sanitized instruments.

Browse 36 Market Data Tables and 22 Figures spread through 160 Pages and in-depth TOC on “Low Temperature Sterilization Equipment Market”- by Technology (Low Temperature Steam Formaldehyde, Hydrogen Peroxide Gas Plasma, Vaporized Hydrogen Peroxide, Ozone, and Ethylene Oxide), by End User (Pharmaceutical Companies, Hospitals, Ambulatory Surgical Centers, and Clinics) and by Region (North America, Asia Pacific, Latin America, Europe, the Middle East, and Africa) – Global Forecast to 2025

The major players are concentrating their efforts on the development of effective sterilizing technologies. In January 2017, Advanced Sterilization Products (ASP), a division of Johnson & Johnson Medical Device Company, unveiled the STERRAD 100NX system with ALLClear technology, a next-generation low-temperature sterilization system with simplified system operation and autonomous navigation settings. Furthermore, in August 2017, 3M gained FDA clearance for a fast sterilization test kit that uses vaporized hydrogen peroxide to perform low temperature sterilization in 24 minutes rather than the typical 4 hours.

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Key Takeaways

Owing to the increased prevalence of minimally invasive surgical procedures and the increased number of healthcare-associated infections throughout the world, the global low temperature sterilization equipment market is anticipated to grow at a CAGR of 10.6 percent during the forecast period.

The ethylene oxide sterilization category, which is a typical test for sterilization of plastics and other low temperature tolerant equipment, dominates the global low temperature sterilization equipment market among technological segments.

The hospital segment dominates the global low temperature equipment market among end users since the majority of surgical operations requiring sophisticated tools are done in hospitals.

Owing to the involvement of top firms looking to invest considerably in research for the development of advanced technologies that are involved in the advancement of technically sophisticated low temperature sterilization systems, North America is expected to dominate the global low temperature sterilization equipment market.

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Low Temperature Sterilization Equipment Market – Competitive Landscape

Key players functioning in the global prosthetic liners market consists of 3M Company, Steris Corporation, Belimed AG, Cantel Medical Corporation, Anderson products, Advanced Sterilization Products, Matachana Group, Sterigenics International, and MMM Group.

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