RE:RE:Market growth Sep 10, 2018 (Heraldkeeper via COMTEX News Network) -- Global Sterilization Equipment Market outlook is expected to surpass USD 9.2 billion by 2024, says a new Global Market Insights, Inc. report featuring key industry trends across the product, end-user, and regional landscape.The growing number of diagnostic centers, hospitals, clinics, and other healthcare facilities, where sterilization is a major procedural part, has rightly been marked as a key growth driver of the global sterilization equipment market.
The advent of technologically advanced equipment with enhanced effectiveness, better penetration power, and shorter sterilization cycle times will further fuel the product demand in the ensuing years.
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As per the report, heat sterilization equipment market will be the fastest growing segment, exhibiting an annual growth rate of 7.5% over 2018-2024. Wide usage of these equipment in industrial applications comprising dental equipment, food products, hospital equipment and other products have contributed significantly to the market growth.
Accounting for more than USD 1975.2 million toward the revenue share, U.S. sterilization equipment market was the dominant industry in 2017. Increasing rate of surgical procedures coupled with access to advanced healthcare infrastructure in the country has impelled the market expansion. The region is further expected to be a lucrative investment ground for potential stakeholders.
The key players profiled in the report are the 3M Company, Tuttnauer Co. Ltd., Merck & Company, Inc., TSO3 Inc., MMM Group, Anderson Products, Steris PLC, Midmark Corporation, LTE Scientific Ltd., Getinge AB, Belimed AG, Celitron Medical Technologies Kft., Boekel Scientific, Fedegari Group, Advanced Sterilization Products Services Inc., Matachana Group. The companies have been profiled in terms of their SWOT analysis, product portfolio, strategic outlook, and business overview.
Browse key industry insights spread across 200 pages with 164 market data tables & 7 figures & charts from the report, "Sterilization equipment Market" in detail along with the table of contents:
https://www.gminsights.com/industry-analysis/sterilization-equipment-market
End-user landscape: Biotech and Pharmaceutical Companies, Hospitals and Clinics, Medical Device Companies, Food & Beverage Industry, Others
Regional landscape: U.S., Canada, Spain, Italy, UK, Germany, France, Russia, India, Japan, China, Australia, Mexico, Brazil, Argentina, UAE, Saudi Arabia, South Africa
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