(EMAILWIRE.COM, September 29, 2022 ) According to Precision Business Insights (PBI), the latest report global sterilization technologies market is projected to reach USD 7,323.98 million in 2022, registering a CAGR of 6.4% over the forecast period 2022-28. Hospitals, clinics, or laboratories that provide healthcare must have effective infection control measures. Washing your hands is simple infection prevention practice, but high-level surgical equipment disinfection can be challenging in a hospital context. Disease transmission in hospital facilities and the general population can be stopped by using infection control measures. One step in the infection control process is sterilization.
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The Sterilization Technologies Market Growth Factors
The market for sterilization technology is primarily driven by the rising incidence of infections, the explosive expansion of pharmaceutical and biotech firms, the rise in medical procedures, and technological advancements in the sterilization industry. The market for sterilizing technology is primarily driven by infectious diseases like AIDS, the development of new medicines, and regulatory reforms. The market is expected to develop significantly as a result of ongoing technological advancements that would result in better medical devices, as well as expenditures in R&D efforts by key industry competitors.
The Sterilization Technologies Market Segmentation
The global Sterilization Technologies Market on the basis of Type of Sterilization, the market is segregated into Ethylene Oxide, Ionizing Radiation, Filtration, Thermal Sterilization and Others. On the basis of Process, the market is categorized into Chemical Process, Physicochemical, Synergetic Processes and Physical Processes. On the basis of End User, the market is divided into Pharmaceutical Industry, Hospitals & Clinics, Medical Device Manufacturers and Others.
The Sterilization Technologies Market Trends
The expansion of the market is also being aided by the increasing awareness of hygiene practices across a variety of end-user industries.
Due to a surge in hospital-acquired illnesses and an increase in the number of elderly people living there, North America currently controls the majority of the global market for sterilizing technologies.
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The Sterilization Technologies Market Regional Analysis
Due to factors such as the growing need to reduce hospital-acquired infections, rising demand for non-disposable medical equipment, and increased awareness of cleanliness in hospitals and clinics, the market in the Asia Pacific region is predicted to develop at a significant rate. The majority of the region’s nations are members of the Organization for Economic Co-operation and Development, including India, Singapore, Malaysia, and Thailand (OECD).
The major players operating in the Sterilization Technologies Market are Atec Pharmatechnik GmbH (Germany), Belimed AG (U.S.), Getinge Group (Sweden), Nordion (Canada) Inc., Noxilizer, Inc. (U.S.), Sterile Technologies Inc. (U.S.), Steris Plc (U.S.), The 3M Company (U.S.), TSO3 Inc. (Canada).
Sterilization Equipment Market: By Product Type (Sterilization Indicators, Sterilization Accessories, Others (Detergents, Lubricants)), By Technology (Pre-Vacuum, Gravity Displacement, Steam-Flush Pressure Pulse), By Sterilization type (Moist Heat Sterilization, Dry Heat Sterilization, Low Temperature Sterilization, Filtration Sterilization, Radiation Sterilization, Others), By Site of Sterilization (Onsite Sterilization, Offsite Sterilization), By End-User (Hospitals, Pharmaceutical Companies, Food And Beverages Companies, Medical Devices Companies, Research Institutes, Others), and Geography
Pharmaceutical Filtration Market: By Product (Membrane Filters, Cartridge Filters, Hi Efficiency Particulate Air Filter, Depth Filters, Gas Filters, Bag Filters), By Application (Water Purification, Air Filtration, Cell Separation, Finished Product Filtration, Raw Material Filtration), By Technology (Nanofiltration, Ultrafiltration, Microfiltration, Ion Exchange, Others), By End User (Pharmaceutical Manufacturing Companies, Bio Pharma Companies) and Geography
Sterilization Services Market: By Service Type (Contract Sterilization Services, Sterilization Validation Services) Sterilization Method (E-Beam Sterilization, Steam Sterilization, Gamma Sterilization, ETO Sterilization, X-ray Irradiation Others) Application (Healthcare, Food and Beverages, Medical Devices, Textile, Hotel and Catering, Homecare Others) and Geography
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