Sterilization Equipment and Disinfectants Market - Research Report, Size, Forecast to 2023

The global sterilization equipment and disinfectants market is growing significantly due to technological advancement such as innovation of E-beam and gamma beam in the industry. Sterilization equipment and disinfectants are elemental procedures used to eliminate or control various infectious agents, such as virus and bacteria. The increasing use of these in hospitals, clinics, and laboratories, to reduce the hospital acquired infection, support the growth of the sterilization equipment and disinfectants market.

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Massive unexplored market of sterilization equipment and disinfectants in developing economies are creating ample opportunities for the sterilization equipment and disinfectants market to grow at a considerable rate in the coming years. The advanced R&D facilities and new product developments by the companies are further supporting the growth of sterilization equipment and disinfectants industry.

The sterilization equipment and disinfectants market is categorized on the basis of type of disinfectants as oxidizing and non-oxidizing disinfectants, and low, intermediate, and high level disinfectants. Moreover, on the basis of application, the sterilization equipment and disinfectants market can be categorized as life sciences, medical devices, and pharmaceutical.

Geographically, North America will be leading the global sterilization equipment and disinfectants market in the coming years due to rise in aging population, and increasing demand of non-disposable surgical instruments, such as endoscopy devices and forceps. Moreover, Asia-Pacific is the fastest growing region in the global sterilization equipment and disinfectants market. The major reasons for the fastest growth in the region are increasing healthcare expenditure, increasing prevalence of infectious diseases, and large pool of patients in the region. Moreover, the sterilization equipment and disinfectants market is growing due to increasing awareness of healthcare in the emerging countries, such as India and China, of Asia-Pacific region.

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Some of the companies operating in the sterilization equipment and disinfectants market are 3M, Cantel Medical Corporation, Belimed AG, TSO3 Inc., Getinge Group, CISA Group, Advanced Sterilization Products Services Inc., Synergy Health Plc, STERIS Corporation, Kimberley-Clark Corporation, Nordion Inc., and Sakura SI Co.Ltd.