PUBLISHER: Lucintel | PRODUCT CODE: 1418011
PUBLISHER: Lucintel | PRODUCT CODE: 1418011
Sterilization Equipment Trends and Forecast
The future of the global sterilization equipment market looks promising with opportunities in the pharmaceutical, hospital & clinic, medical device, and food & beverage markets. The global sterilization equipment market is expected to reach an estimated $13.18 billion by 2030 with a CAGR of 7.2% from 2024 to 2030. The major drivers for this market are growing incidence of hospital-acquired infections, increasing number of surgical procedures, and rising focus on food sterilization and disinfection.
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Sterilization Equipment by Segment
The study includes a forecast for the global sterilization equipment by product & service, end use, and region.
List of Sterilization Equipment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies sterilization equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the sterilization equipment companies profiled in this report include-
Sterilization Equipment Market Insights
Lucintel forecasts that sterilization instrument will remain the largest segemnt over the forecast period due to rising number of surgeries performed.
Within this market, hospital & clinic will remain the largest segment due to rising number of hospitals in the developing nations.
North America will remain the largest region over the forecast period due to advanced healthcare infrastructures and stringent regulatory policies.
Features of the Global Sterilization Equipment Market
Market Size Estimates: Sterilization equipment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Sterilization equipment market size by product & service, end use, and region in terms of value ($B).
Regional Analysis: Sterilization equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product & services, end uses, and regions for the sterilization equipment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the sterilization equipment market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the sterilization equipment market size?
Answer: The global sterilization equipment market is expected to reach an estimated $13.18 billion by 2030.
Q2. What is the growth forecast for sterilization equipment market?
Answer: The global sterilization equipment market is expected to grow with a CAGR of 7.2% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the sterilization equipment market?
Answer: The major drivers for this market are growing incidence of hospital-acquired infections, increasing number of surgical procedures, and rising focus on food sterilization and disinfection.
Q4. What are the major segments for sterilization equipment market?
Answer: The future of the global sterilization equipment market looks promising with opportunities in the pharmaceutical, hospital & clinic, medical device, and food & beverage markets.
Q5. Who are the key sterilization equipment market companies?
Answer: Some of the key sterilization equipment companies are as follows.
Q6. Which sterilization equipment market segment will be the largest in future?
Answer: Lucintel forecasts that sterilization instrument will remain the largest segemnt over the forecast period due to rising number of surgeries performed.
Q7. In sterilization equipment market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to advanced healthcare infrastructures and stringent regulatory policies.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.