The size of the worldwide sterilizing equipment market was estimated at USD 9.31 billion in 2022 and is expected to increase at a compound annual growth rate (CAGR) of 9.7% from 2023 to 2030, from USD 10.10 billion to USD 19.25 billion. In 2022, North America held a 48.76% market share, making it the dominant region worldwide.
Fortune Business Insights Published the Latest global Sterilization Equipment Market Study by in-depth analysis of the current scenario, the Market size, demand, industry growth pattern, trends, and forecast period 2023-2030. The Sterilization Equipment Market Size business report’s clear, reliable, and thorough market data and information will undoubtedly aid in business development and boost return on investment (ROI). The region that is predicted to generate the greatest potential in the global Sterilization Equipment Market is estimated in the market analysis. It determines if the market competition will alter at all throughout the forecasted timeframe. Key company activities including product planning, new product development, distribution route planning, and sales force growth frequently depend on these data.
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Market Overview:
Globally, there is a noticeable rise in the frequency of hospital-acquired infections (HAI), which include surgical infections, urinary tract infections, and sepsis. For example, the number of urinary tract infections (UTIs) worldwide grew by 60.4% from 252.3 million in 1990 to 404.6 million in 2019, according to a research released by the National Center for Biotechnology Information (NCBI) in 2022.
Furthermore, the same study found that from 1990 to 2019, the number of UTI-related deaths worldwide rose by 140.2% to 236,790. Using non-sterilized medical equipment, including catheters, can result in hospital acquired infections. Concerns regarding patient safety have been raised by these high death rates. Guidelines to control the prevalence of these infections have been announced by a number of government regulatory authorities worldwide.
Key Top Companies Profile:
- STERIS (U.S.)
- Getinge AB (Sweden)
- ASP (U.S.)
- 3M (U.S.)
- Cardinal Health (U.S.)
- MMM Group (Germany)
- MATACHANA (Spain)
- Andersen Sterilizers (U.S.)
- Noxilizer Inc. (U.S.)
- Continental Equipment Company (U.S.)
Market Competitor Analysis:
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Sterilization Equipment Market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information for the last 3 years, and key development in the past five years.
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Segments and Scope
The segmental analysis section of the report includes a thorough research study on key types and application segments of the Sterilization Equipment Market. The report market segments are considered based on market share, growth rate, recent developments, technology, and other critical factors during the forecast period. This study provides information about sales and revenue during the historic period of 2016 to 2028. The report also tracks the most recent market dynamics, like driving factors, restraining factors, industry statistics and news like mergers, acquisitions, and investments.
This Report lets you identify the opportunities in Sterilization Equipment Market by means of a region:
- North America (the United States, Canada, and Mexico)
- Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
- Asia-Pacific (China, Japan, Korea, India, Australia, and Southeast Asia (Indonesia, Thailand, Philippines, Malaysia, and Vietnam))
- South America (Brazil etc.) The Middle East and Africa (North Africa and GCC Countries)
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The following chapters from the Sterilization Equipment Market Research were covered:
Chapter 1: presents a summary of the worldwide revenue and CAGR for the Sterilization Equipment Market. This chapter also includes a forecast and analysis of the Sterilization Equipment Market by type, application, and geography.
Chapter 2: is about the key companies and market landscape. Along with the fundamental details of these firms, it offers the competitive landscape and market concentration status.
Chapter 3: presents the Sterilization Equipment Market commercial chain. This chapter analyses the industrial chain analysis, the raw materials (suppliers, pricing, supply and demand, market concentration rate), and downstream consumers.
Chapter 4: focuses on manufacturing analysis, which comprises a thorough cost analysis of manufacturing by incorporating cost structure analysis and process analysis.
Chapter 5: offers accurate insights into market dynamics, COVID-19’s impact on the Sterilization Equipment Market business, and consumer behavior study.
Chapter 6: provides a comprehensive overview of the key participants in the Sterilization Equipment Market business. The essential facts, as well as the profiles, applications, and product market performance parameters, are provided, together with a business overview.
Chapter 7: focuses on the Sterilization Equipment Market sales, revenue, price, and gross margin in marketplaces across several geographies. This section analyses the worldwide market’s sales, revenue, price, and gross margin.
Chapter 8: presents a global perspective of the Sterilization Equipment Market. Sales, revenue, price, market share, and the growth rate by kind are all included.
Chapter 9: analyses each application’s usage and growth rate with an emphasis on the Sterilization Equipment Market application.
Chapter 10: forecasts for the whole Sterilization Equipment Market, including both regional and worldwide sales and revenue forecasts. It also forecasts the kind and application of the Sterilization Equipment Market.
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