Executive Summary:
Market Research Future published new report, titled “Sterilization Technology Market -Research Report: Global Forecast to 2023”.
Market Synopsis of Global Sterilization Technology Market
Market Segments:
Global Sterilization Technology market is segmented on the basis of type of sterilization which includes Gamma Radiation, Electron Beam Radiation, Filtration, Ionizing Radiation, Thermal Sterilization and others types of sterilization, on the basis of processes used for sterilization the market is segmented into chemical, physicochemical, synergistic, physical and other processes. Chemical process includes sub-segments based on the chemical agent used for sterilization namely hydrogen peroxide, ozone, chlorine dioxide and others. Physiochemical process include sterilization using plasma and steam. Synergistic process incudes psoralens & UVA and low temperature steam & formaldehyde. Physical process include microwave and pulsed light system. End users of sterilization technologies include hospitals, pharmaceuticals, medical devices, cosmetics and other users.
Market Scenario:
Sterilization refers to any process that eliminates, removes, kills, or deactivates all forms of life and other biological agents (such as fungi, bacteria, viruses, spore forms, etc.) various technologies and methods are been applied for sterilization of equipments and medical devices in healthcare infrastructure. There is an increase in demand of sterilization technologies across the globe. Patient safety and prevention of hospital acquired infections being a major concern lead to an increase in the demand of sterilization technologies in healthcare. Technological advancement in production of sterile equipments and devices and increased awareness regarding prevention of hospital acquired infection also drive the market. Focus of healthcare organizations on safe delivery of care and avoidance of transmission of infection rom staff to the patients in an important and governing aspect of quality care thus increasing the demand for safe and reliable sterilization technology. The global market of Sterilization Technology is expected to reach US$ 15.84 billion in 2023 from US$ 10.17 billion in 2016 with a CAGR of approximately 15.4% during the forecast period 2017-2023.
Key Players:
Some of the key players in this market are: Advanced Sterilization Products Services Inc. (U.S.), Atec Pharmatechnik GmbH (Germany), Sterile Technologies Inc. (U.S.), Steris Plc (U.S.), 3M Company (U.S.).
Other players in this market are: Barry-Wehmiller Co. (U.S.), Beta Star Life Science Equipment Inc. (U.S.), Donaldson Co. Inc. (U.S.), Eaton Filtration LLC (U.S.), Fedegari Autoclavi SpA (Italy), Feldmeier Equipment Co. (U.S.).
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Market Assessment:
The report for Sterilization Technology market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions
Regional Analysis:
Globally, Sterilization Technology market consists of four regions North America, Europe, Asia-Pacific and Middle East and Africa. Filtration technology and plasma sterilization is another widely used process for sterilization in North America and Europe. North America is the largest market for sterilization technology. The North American market for Sterilization Technology is expected to grow at a CAGR of 10.40% which is expected to reach at US$ 10.45 billion from US$ 5.28 billion in 2016 by the end of the forecasted period. Increasing use of sterilization methods and processes favor the growth of this market in North America. Awareness regarding safety of patients and healthcare providers is another factor driving this market in North America. Europe is the second-largest market for Sterilization Technology which is expected to grow at a CAGR of 5.82%. This is due to increase in the demand of outpatient surgeries and technological advancement in devices used for sterilization for safety and reduction in chances of infection. Whereas Asia Pacific is expected to be the fastest growing market for Sterilization Technology market. India is expected to be the emerging and fastest growing market. Rising awareness about the point of care administration and presence of large patient pool drive this market in Asia-pacific. The market shows steady growth in Middle East and Africa.
Study Objectives:
Main objective of this research is to provide information about types of sterilization and processes used for sterilization and its demand in the market, to provide detailed analysis of the market structure along with forecast for the next six years of the various segments and sub-segments of the Sterilization Technology market. to provide insights about factors affecting the market growth. to analyze the Sterilization Technology market based on various factors- price analysis, supply chain analysis, porters five force analysis etc. to provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- America, Europe, Asia-Pacific and Middle East and Africa.to provide country level analysis of the market with respect to the current market size and future prospective.
To provide country level analysis of the market for segments by type of sterilization by process, by end users and its sub-segments. to provide overview of key players and their strategic profiling in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market. to track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the Global Sterilization Technology market.
Intended Audience:
- Sterilization devices Suppliers
- Sterilization devices manufacturers
- Research and Development (R&D) Companies
- Medical Research Laboratories
- Diagnostic centers
- Academic Medical Institutes and Universities
Market Assessment:
The report for Sterilization Technology Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions
Table of Contents:
1 Report Prologue
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Market Factor Analysis
6 Global Sterilization Technology Market By Type Of Sterilization
7 Global Sterilization Technology Market By Process
8 Global Sterilization Technology Market By End User
9 Global Sterilization Technology Market By Region
10 Competitive Landscape
11 Company Profile
…CONTINUED
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