Market Research Insights

  San Francisco, 26 Dec 2023:  The Report  Sterilization Equipment Market  Size, Share & Trends Analysis Report By Product (Heat Sterilizers, Low-temperature Sterilizers, Sterile Membrane Filters, Radiation Sterilization Devices), By Region, And Segment Forecasts, 2023 - 2030 The global sterilization equipment market size is expected to reach USD 15.6 billion by 2030, registering a CAGR of 10.6%, according to a new report by Grand View Research, Inc. The rising incidence of Hospital Acquired Infections (HAIs), impact of the COVID-19 outbreak, and the increasing number of surgical procedures are the key driving factors of the market. The recent outbreak of COVID-19 is anticipated to significantly impact the market. The pandemic caused by the virus SARS-CoV-2 has drastically increased the demand for medicines, emergency supplies, and hospital equipment including gowns, antiseptics, and disinfectant products. The COVID-19 outbreak and increasing hospital a...

San Francisco, 1 April 2019:  The Report  Sterilization Equipment Market  Analysis By Technique (Heat, Low Temperature, Filtration, Radiation, Liquid), By End Use (Hospitals, Pharmaceutical, Medical Devices, Clinical Laboratories), And Segment Forecasts, 2018 – 2025 The global Sterilization Equipment Market is expected to reach USD 9.8 billion by 2025, according to a new study by Grand View Research Inc. Increasing number of hospital stays and growing awareness amongst the patient population regarding hospital-acquired infections (HAI) are propelling the market growth at a global level. Sterilization of medical devices is significant in order to prevent the spread of diseases such as AIDS. Furthermore, proper sterilization of medical devices also prevents additional surgeries required to treat infections caused by the use of unsterilized devices, thus reducing cost and life-threatening complications. According to various research studies and statistics, ste...