STERILIZATION EQUIPMENT MARKET – Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017–2025

Posted on 2017-07-21 by COHERENT MARKET INSIGHTS in Healthcare // 0 Comments

Seattle ,WA, 2017-Jul-21 — /EPR Network/ — Sterilization is a process that kills, eliminates, deactivates or removes all form of life and other biological agent form specific surface, fluid, medication or in biological culture. Sterilization can be achieved through various means such as chemicals, heat, irradiation, filtration and high pressure. So on basis of different means of sterilization there are different sterilization equipment. Sterilization equipment are mainly required in laboratory particularly microbiology and medical. Autoclave is a most important sterilization equipment as it can be used to sterilize laboratory equipment such as glassware and micro centrifuge tubes. Chemicals, fluids, water or food used for experiments are also sterilized in autoclave. Besides autoclave there are dry heat sterilizing equipment like hot air oven. Steam sterilization equipment like autoclave are used to sterilize glassware, surgical instruments, and medical waste. Dry heat sterilization equipment such as hot air oven are used to sterilize metal instruments, needles and petroleum products. Glass beads sterilizers are employed for the instruments which are re-used. But Glass beads are not FDA approved.

Sterilization market has gained traction in the recent past due to increasing awareness about infection and diseases caused due to non-sterile environment. The increase in investment in research and healthcare infrastructure focus on public health sterilization equipment is increasing significantly. Serious issues occurring due to utilization of unsterilized equipment leads to spreading of HIV and lethal hepatitis threating public health. Government is also engaged in uplifting and improving the use of sterilization equipment, Food and drug administration (FDA) approves the product to market only when it is produce in sterile and hygienic conditions. Department of health and human services have formed the guidelines for disinfection and sterilization in healthcare facilities in 2008 which is updated again in 2014 and February 2017 according to various new infection such as Ebola virus disease. The medical waste should also be decontaminated use sterilization equipment and then disposed so that there is no threat of disease spreading.

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Global Sterilization equipment market taxonomy.

By Product type

Autoclave,Bench Top Autoclave,Vertical Autoclave,Vertical Mobile Autoclave,Floor Standing Autoclave,Portable Autoclave,Hot Air Oven,Bench Top Hot Air oven,Low temperature sterilizers,Hydrogen Peroxide Sterilization,Ethylene Oxide Sterilization,Formaldehyde Sterilization,Nitrogen Dioxide (NO2) Sterilization,Ozone-based Medical Sterilization,Superheated Water Spray Sterilization,Filter sterilization,Ionizing Radiation Sterilization,Electron,X-ray,Gamma

By Technology

Gravity,Vacuum,Steam,Forced convention,Natural convention

By End User

Pharmaceutical Manufacturers,Diagnostic Labs,Medical Device Manufacturers,Others

Increase in health awareness fuels the growth of sterilization equipment market:

The increase in population and emergence of importance regarding awareness of sterilization and cleanliness among the people is expected to result in a prominent increase of sterilizing equipment market on every progressing day. Development in global medical equipment facility has in turn caused high impact on sterilization equipment market. Moreover, apart from the healthcare department, the food and beverages industries are also one of the prime consumers and contribute a huge segment in the Sterilization equipment market. With extensive use of sterilized containers for packaging and storing food supplies, the food industry sector poses a potential to increase the sterilization equipment market. TSO3 Inc. (“TSO3”) an innovator in sterilization technology for medical devices in healthcare settings, reported sales for the fiscal year ended December 31, 2014 amounted to US$ 432,987, as compared to US$ 254,370 in 2013.

Major regions growth engines of the sterilization equipment market

Increasing the number for surgical process in hospital is aggressively propelling the demand for sterilization equipment in countries like the U.S. and Canada. Whereas Asia pacific countries such as Japan and China shows significant growth for sterilization market due to evolving medical facility and compulsion of government for utilization of sterilized equipment to avoid the increasing incidence of hospital-acquired infections. Moreover increase in investment for medical services in Middle East and Africa expects the increase in sterilization equipment market. However, high cost of sterilization equipment in emerging economies act as barrier for revenue sales growth of sterilization market.

Major acquisitions to support growth of sterilization equipment market

Cantel Medical Corp 2016, revenue increased 17.7% to a record US$ 664.8 million from US$ 488,749 in 2014. Key players operating in sterilization equipment market Cantel Medical Corp. (USA), 3M Company (USA), Belimed AG (Switzerland), Andersen Products, Inc. (USA), Advanced Sterilization Products (USA), Matachana Group, Sterile Technologies, Inc. (US), Getinge AB (Sweden), Sterigenics International, Inc. (USA).

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