Sterilization Equipment Market Worth 10.51 Billion USD By 2023.

The global sterilization equipment market is expected to grow at a CAGR of 7.0% from 2018 to 2023 to reach $10.51 billion by 2023.

The growth in the sterilization technologies market is primarily driven by the growing need to curb the incidence of HAIs among healthcare facilities across the globe and thereby curtail the added burden of hospital readmissions. At the same time, increasing number of surgical procedures being performed across the globe, growing medical device and pharma manufacturing, and increasing use of sterilization technologies in the food and beverages industry is also expected to contribute to the growth of the sterilization technologies market.

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The global sterilization equipment market study presents historical market data in terms of values (2016 and 2017), estimated current data (2018), and forecasts for 2023-by equipment (heat/high temperature sterilizers, low temperature sterilizers, radiation sterilizers, and filtration sterilization equipment), consumables (sterilization indicators, sterilant cassettes, and other consumables, such as pouches, trays, racks, and container holders), and contract sterilization services (e-beam, gamma, ethylene oxide, steam sterilization). The study also evaluates industry competitors and analyzes the market at regional and country level.

Table of Contents:

• Introduction
• Research Methodology
• Executive Summary
• Market Insights
• Global Sterilization Equipment Market, by Technology
• Global Sterilization Consumables Market, by Product
• Global Sterilization Services Market, by Type
• Global Sterilization Technologies Market, by End User
• Sterilization Technologies Market, by Region
• Competitive Outlook
• Company Profiles
• Appendix

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On the basis of the end user, the sterilization equipment market among hospitals and clinics commanded the largest share of the sterilization equipment market in 2017. The need to prevent HAIs and improve quality of care provided at healthcare facilities is one of the key factors propelling the growth of the sterilization equipment market among hospitals and clinics during the forecast period. This is associated with the need to minimize hospital readmissions and thereby lower the additional cost of care delivery.

The increasing demand for sterilization technologies in emerging economies across APAC and Latin American regions owing to growing and improving healthcare infrastructure in these regions and growing demand for healthcare services in light of increasing per capita incomes is also expected to contribute to the growth of the sterilization equipment market among hospitals and clinics during the forecast period.

Key Players in the Sterilization Equipment Market

The report includes competitive landscape based on extensive assessment of the key strategic developments adopted by the leading market participants in the industry over the past 3 years (2016-2018). The key players, Matachana Group, Belimed AG, Sotera Health, Cardinal Health, Advanced, Sterilization Products Services Inc., and Cantel Medical Corporation.

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