Sterilization Equipment and Disinfectant Market Will be Worth US$ 6,500 Mn by 2026
Global Sterilization Equipment and Disinfectant Market: Overview
Sterilization is a vital component for infection-control. Medical devices require sterilization and disinfection after their usage, since they get contaminated. The global sterilization equipment and disinfectant market is expanding at a significant pace due to factors such as rise in number of surgeries and increase in number of hospital acquired associated infection.
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The global sterilization equipment and disinfectant market report comprises an elaborate executive summary, which includes a snapshot that provides information about various segments of the market. It also provides information and data analysis of the global market with respect to the segments based on method, disinfectant type, end-user and region. A detailed qualitative analysis of drivers, restraints, and opportunities has been provided in the market overview section. Additionally, the section comprises a competitive matrix and company profiles to understand the competitive landscape in the market. This section of the report also provides market attractiveness analysis by geography and market share analysis by key players, thereby presenting a thorough analysis of the overall competitive scenario in the global sterilization equipment and disinfectant market.
Transparency Market Research (TMR) has published a new report titled ‘Sterilization Equipment and Disinfectant Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026.’ According to the new report, the global sterilization equipment and disinfectant market was valued above US$ 4,400 Mn in 2017. It is projected to expand at a CAGR of 4.5% from 2018 to 2026.
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Rise in geriatric population leads to increase in the number of surgeries that are caused due to severe diseases and performed at hospitals and clinics and increase in number of hospital acquired infection are likely to boost the sterilization equipment and disinfectant market during the forecast period.
North America and Europe are likely to dominate the global sterilization equipment and disinfectant market due to rise in awareness about prevention of healthcare associated infection (HAI) and rise in focus of key players on the development of new sterilization devices in the market in these regions. Increase in number of surgeries and number of hospitals in countries such as Japan, India and China is likely to boost the sterilization equipment and disinfectant market in Asia Pacific in the near future.
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