Sterilization Equipment and Disinfectants Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast

22 Sep 2015

Sterilization device and disinfectants are used as necessary methods for controlling infection in healthcare activities like hospitals, laboratories and clinics. Medical equipments and pharmaceutical items are put into sterilization devices to sterilize them. In the same way, disinfectants are applied on medical instruments and pharmaceutical items to disinfect them so that they can be used in future. Rise in hospital acquired infections has forced medical experts to take strict actions to cure these infections by using different sterilization device and disinfectants. This aspect will fuel the development as well as expansion of sterilization equipment and disinfectants market during the estimated time. Further, increase in aging population and rise in the number of operations performed in clinics and hospitals will further stimulate the expansion of the sterilization equipment and disinfectants market. This is due to the fact that old persons are prone to different ailments enhancing their visit to clinics as well as uptake of different medical activities that make use of medical instruments. Therefore, to cleanse these instruments, sterilization devices and disinfectants are used and this in return enhances the growth of sterilization equipment and disinfectants market. 

The worldwide sterilization equipment found on product type has been divided into low temperature sterilization device, filtration sterilization device, radiation sterilization device and heat sterilization device. The market for these equipments has been comprehensively examined depending upon the amount of application area, installed base, cost and efficacy.

The global disinfectants market based on product type has been divided into low, intermediate, high level, non oxidizing and oxidizing.

The worldwide sterilization equipment and disinfectants market is also divided depending upon its applications in different areas such as medical devices, life sciences and pharmaceuticals. The market for these applications is deeply examined depending upon the amount of hospitals, pharmaceutical firms and life sciences firms along with the compatibility of disinfectants and sterilization devices used for cleansing purpose.

The worldwide sterilization equipment and disinfectants market is expected to grow at the CAGR rate of 8.5 % during the forecasted period of 2013 to 2019. The market had earned revenue of about 5.13 billion US dollars in year 2012 and is going to touch the revenue mark of about 9.15 billion US dollars by the end of year 2019.

The global sterilization equipment and disinfectants market is bifurcated into four market sections based on the geographical locations namely: Region of North America, Continent of Europe, APEC region and Rest of the World.

Regionally, North America held the largest market share of the worldwide sterilization equipment and disinfectants market, contributing more than forty percent of the total market share of the sterilization equipment and disinfectants market business sector in year 2012. Rise in demand for non disposable surgical equipments like endoscopy equipments, forceps and distracters are the growth drivers that contribute towards the growth of the sterilization equipment and disinfectants market in sub continent of North America. Region of Asia Pacific is the rapidly emerging sterilization equipment and disinfectants market today. 

The market research report provides detailed market analysis of recent market trends, future market prospects, current technological trends, market growth drivers, market inhibitors , market size, market structure, market volume, market fluctuations, market demand & supply, completive landscape, market forces, product portfolio, market penetration , product matrix, product development, market diversification, product benchmarking, product differentiation, market classification, market diversification, product portfolio, business investments, market uncertainties and different kinds of market analysis of the worldwide sterilization equipment and disinfectants market making it an informative, interesting and influencing piece of research study. All these concepts are explained in the report by using the data representation graphical tools like tables, spreadsheets, diagrams, graphs and charts.

The market report also includes list of suggestions for new business entrants as well as existing entrepreneurs which helps them in shaping their business decisions and facilitates their business growth, development and expansion.

Few of the main industry players of the worldwide sterilization equipment and disinfectants market encompass STERIS Corporation, Synergy Health and Getinge Group. The market participants profiled in this report are based on fiscal overview, organizational overview and business strategies implemented by the firms ensuring maximum profits, growth and sustainability in the market.

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