Outlook on the Sterilization Equipment Global Market to 2030 - Featuring Cantel Medical, E-Beam Services and Fortive Among Others - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Sterilization Equipment Market Size, Share & Trends Analysis Report by Product (Heat Sterilizers, Low-temperature Sterilizers, Sterile Membrane Filters, and Radiation Sterilization Devices), by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.

The global sterilization equipment market is expected to reach USD 15.6 billion by 2030, registering a CAGR of 10.5%.

Companies Mentioned

• Steris plc
• Sterigenics U.S. LLC (A Sotera Health Company)
• Cantel Medical
• E-Beam Services, Inc.
• Fortive

The rising incidence of Hospital Acquired Infections (HAIs), impact of the COVID-19 outbreak, and the increasing number of surgical procedures are the key driving factors of the market.

The recent outbreak of COVID-19 is anticipated to significantly impact the market. The pandemic caused by the virus SARS-CoV-2 has drastically increased the demand for medicines, emergency supplies, and hospital equipment including gowns, antiseptics, and disinfectant products.

The COVID-19 outbreak and increasing hospital admissions across the globe have significantly increased the demand for sterilization equipment. Consequently, the use of sterilization equipment has also increased due to the increasing number of patients in hospitals & clinics.

Proper and regular sterilization of medical devices is one of the essential requirements for treating patients suffering from COVID-19. In such cases, demand for sterilization equipment is anticipated to increase, which is in turn expected to propel the market growth. Therefore, the outbreak of COVID-19 is a high-impact rendering driver for this market.

Sterilization Equipment Market Report Highlights

• In terms of revenue, low-temperature sterilizers segment held the largest share in 2021It is a widely accepted technique in healthcare facilities for equipment and devices that can tolerate both heat and moisture.
• Asia Pacific is anticipated to witness the fastest growth over the forecast period owing to the rising number of surgeries and the presence of many local players.

Key Topics Covered:

Chapter 1 Report Scope

Chapter 2 Research Methodology

Chapter 3 Objectives

Chapter 4 Executive Summary

Chapter 5 Industry Outlook

5.1 Penetration & Growth Prospect Mapping

5.2 Regulatory Framework

5.3 Market Dynamics

5.3.1 Market driver analysis

5.3.1.1 Increasing prevalence of Hospital Acquired Infections (HAIs)

5.3.1.2 Increase in the prevalence of chronic diseases

5.3.2 Market restraint analysis

5.3.2.1 Shift from reusable medical devices to disposable medical devices

5.3.2.2 Safety concerns related to ethylene oxide sterilization

5.4 Sterilization Equipment Market Analysis Tools

5.4.1 SWOT Analysis, by PEST

5.4.2 Porter's Five Forces Analysis

Chapter 6 Sterilization Equipment Market: Segment Analysis, by Product, 2018-2030 (USD Million)

Chapter 7 Sterilization Equipment Market: Regional Market Analysis, by Product, 2018-2030 (USD Million)

Chapter 8 Sterilization Equipment Market: Competitive Analysis

For more information about this report visit https://www.researchandmarkets.com/r/oxieam

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