|By PR Newswire||
|March 11, 2014 11:00 PM EDT||
DUBLIN, March 12, 2014 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/vs7tf3/sterilization) has announced the addition of the "Sterilization Equipment and Disinfectants Market - Forecasts to 2019" report to their offering.
(Logo: http://photos.prnewswire.com/prnh/20130307/600769 )
Sterilization equipment and Disinfectants are used in healthcare facility to kill or eliminate harmful agents (such as bacteria, fungi and viruses) and are used as infection control agents. Increase in geriatric population coupled with rising number of surgeries in hospitals and clinics globally drive the growth of this market. According to the Centres for Disease Control and Prevention, approximately 46.5 million surgical procedures and 5 million gastrointestinal endoscopies are performed in the United States every year. Thus, with increasing number of surgeries the demand for sterilization equipment and disinfectants will also increase in order to avoid transmission of infection pathogens.
The market of sterilization equipment and disinfectants is segmented as equipment, application and types of disinfectants. The sterilization equipment is further segmented as heat sterilization, low temperature sterilization, filtration sterilization and radiation sterilization. Application segment can be categorized as life sciences, medical devices and pharmaceuticals. While Low, intermediate and high level and oxidizing and non-oxidizing are the two segments of type of disinfectants. The global market for Sterilization Equipment and Disinfectant Market is expected to grow at a CAGR of 8.5% from 2013 to 2019 to reach an estimated value of USD 9,153.9 million in 2019.
Primary factors that drives the growth of the sterilization equipment and disinfectants market are geriatric population, rise in prevalence of cancer and increasing number of hospital-acquired infections (HAI). Furthermore, increase in per capita healthcare expenditure would also propel the growth of this market. In addition, technological advancements such as introduction of E-beam and gamma are expected to have a strong growth during the study period due to high product compatibility and low cost. However, high cost of sterilization equipment and disinfectant processes may restrain the growth of this market. In addition, safety is one of the concerns that restrict the growth of this market. For example, ethylene oxide is used as a sterilizing agent which also contains mutagenic as well as carcinogenic properties.
The market for heat sterilization equipment accounted for the largest share in terms of revenue of total sterilization equipment market in 2012 and is expected to grow at a CAGR of 8.6% during the forecast period. This growth is due to the fact that it is more user-friendly in comparison to low temperature sterilization and others. Also, it is safe while utilizing for sterilization. Low temperature sterilization is expected to grow at the highest CAGR of 10.9% during the forecast period 2013 to 2019.
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global Sterilization Equipment Market, By Product, 2011 - 2019 (USD Million)
Chapter 5 Global Disinfectants Market, By Type, 2011 - 2019 (USD Million)
Chapter 6 Global Sterilization Equipment and Disinfectants Market, By Applications, 2011 - 2019 (USD Million)
Chapter 7 Global Sterilization Equipment and Disinfectants Market, by Geography, 2011 - 2019 (USD Million)
Chapter 8 Recommendations
Chapter 9 Company Profiles
- Advanced Sterilization Products Services, Inc.
- Belimed AG
- Cantel Medical Corp.
- CISA Group
- Getinge Group
- Kimberley-Clark Corporation
- Matachana Group
- Nordion, Inc.
- SAKURA SI CO., LTD.
- STERIS Corporation
- Synergy Health Plc
- TSO3, Inc.
For more information visit http://www.researchandmarkets.com/research/vs7tf3/sterilization
Media Contact: Laura Wood, +353-1-481-1716, [email protected]
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