GMI Sterilization Equipment Market

Sterilization Equipment Market Size, Industry Analysis Report, Regional Outlook from 2017 to 2024.: Global Market Insights Inc. Increasing incidence of nosocomial infections and growing need to prevent the same will drive Sterilization Equipment Market over the forecast period. Use of contaminated invasive devices and medical instruments used for surgeries, unclean environmental surface and inadequate sanitation practices of hospital staff leads to increased possibility of nosocomial infection occurrence. Its prevalence is higher in developing countries as compared to developed ones. Increasing hospital admissions and growing number of surgical procedures serves as a high impact rendering factor. High geriatric population base should augment industry revenue owing to higher susceptibility towards various disorders and higher need for medical procedures. Improving healthcare infrastructure and growing number of hospitals, clinics and ambulatory surgical centers would boost growth soon. Growing number of pharmaceutical companies is increasing demand as more number of biological products are being manufactured by these companies which require various disinfection practices to ensure product safety. Growth of food and beverage industry will spur market expansion. Various procedures and techniques are used for disinfecting foodstuffs such as milk, meat, juices, fruits and vegetables. High cost of equipment may restrict market growth to some extent. Heat sterilization held significant market share due to its widespread applications. Disinfection by heat includes both dry and moist heat. Dry heat is usually used for disinfecting materials which are damaged by high pressure or moisture but can withstand high temperatures. Benefits of dry heat such as comparatively lower costs and noncorrosive nature is resulting in its increased adoption. Moist heat uses steam under pressure and is commonly used for disinfecting biohazardous trash, materials resistant to moisture and heat such as culture media, medical devices and surgical dressings. Advantages of moist heat disinfection such as higher penetrating power, greater efficiency and ability to irreversibly denature enzymes and structural proteins will escalate growth. Demand for low temperature sterilization should grow at profitable rate due to its ability of disinfecting temperature and moisture sensitive materials. Higher material compatibility, minimal device or design restrictions and low operational cost will boost adoption rates during forecast years. Hospitals accounted for significant revenue share owing to increasing number of nosocomial infections in these settings. Increasing 1 | Page