Global Sterilization Equipment Market
Global Sterilization Equipment Market was valued US$ 7 Bn in 2017 and is expected to reach US$ 6 Bn by 2026 at a CAGR of about 6.97 % during a forecast year. The report segments the Global Sterilization Equipment Market based on equipment type, technology, end-user, and region. Based on equipment type, the Global Sterilization Equipment Market can be classified into Heat Sterilization, Low-temperature Sterilization, Ionizing Radiation Sterilization, Filtration Sterilization. By technology,
Global Sterilization Equipment Market is divided into Steam, Forced convention, Gravity, Vacuum, Natural convention. In terms of the end user, the Global Sterilization Equipment Market is segmented into Pharmaceutical Manufacturers, Hospitals & Clinics, Food & beverage industry. By region, Global Sterilization Equipment Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Growing awareness about infection and diseases, rising investment in research and healthcare infrastructure concentrated on the public are driving the growth in the global sterilization equipment market. Government supports and FDA's regulations are key growth drivers behind the Sterilization Equipment market globally. High initial cost and lack of awareness about safety norms are the key factors that are the some of the restraints for the growth of the market, however, these restraints effect will keep decreasing over a period of time.