Market Research Report
Sterilization Technologies - A Global Market Overview
|Published by||Industry Experts||Product code||971177|
|Published||Content info||350 Pages, 197 Charts
Delivery time: 1-2 business days
|Sterilization Technologies - A Global Market Overview|
|Published: November 16, 2020||Content info: 350 Pages, 197 Charts||
Amid the COVID-19 pandemic, the global market for Sterilization Technologies is anticipated to record a robust growth during 2019-2021 period. Contrarily, due to deferred or cancelled elective procedures across the globe, the market for Sterilization Technologies is estimated to grow at a modest year-on-year (Y-o-Y) growth of just 4.3% in 2020, partially offset by increase in demand for sterilization of personal protective equipment (PPE) and demand from the life sciences sector amid overwhelming COVID-19 vaccine research programs.
As we pass through the Pandemic, hopefully, in 2021, a huge growth mainly expected from the medical equipment sterilization applications, we anticipate elective procedure volumes to begin to normalize as soon as hospitals get to the other side of COVID-19 peaks and can begin to address the pent-up demand for these procedures. In the long term, demand for Sterilization Technologies is projected to record a CAGR of 6.4% between 2019 and 2026 to reach US$13.7 billion by 2026.
The report analyzes the market for the following key technologies of sterilization:
Major applications of sterilization technologies analyzed in this study comprise the following:
The report reviews, analyzes and projects the global sterilization technologies market for the period 2017-2026 in terms of market value in US$ and the compound annual growth rates (CAGRs) projected from 2017 through 2026 with a special focus on y-o-y growth for 2019, 2020 and 2021.