Sellbyville, DE -- (SBWIRE) -- 11/12/2018 -- The Sterilization Equipment Market to exceed USD 9.2 billion by 2024; according to a new research report by Global Market Insights.Increasing number of technologically advanced sterilization equipment will remarkably drive market growth over the forecast period. Enhanced effectiveness, shorter sterilization cycle times and better penetration power, offer more efficient sterilizers. Various technological advances help to eliminate limitations of older technologies.

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Technological advancements rendering effective sterilization of medical instruments is forecasted to boost sterilization equipment market growth during the foreseeable future. Advances in radiation sterilizers aid to reduce carbon footprint and undesirable radiations. For instance, radiation sterilization technology is being largely utilized in operating theatres, single-use medical devices due to advancements including radiation robots that generate no ozone. In addition, radiation sterilizers generate minimal secondary contaminants making it safer, thus eliminating negative impacts on environment. Such advancements will impel sterilization equipment market growth in projected period.

Accelerating number of healthcare-associated infections (HAIs) will propel market growth. According to Centers for Disease Control and Prevention (CDC), approximately 25 patients are affected by hospital-acquired infection on any given day. Hence, every hospital is mandated to have a prevention plan for HAIs, that includes sterilization as a major procedural part. In addition, rising number of hospitals, clinics, diagnostic centers and other healthcare facilities in developing countries will favor adoption of sterilization equipment, thereby flourishing market growth.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

- Merck
- Getinge
- STERIS Corporation
- Fedegari Group
- Midmark Corporation
- TSO3
- Tuttnauer
- Advanced Sterilization Products (ASP) - Belimed
- Boekel Scientific
- Celitron Medical Technologies Kft.
- LTE Scientific
- matachana
- MMM Group

U.S. sterilization equipment market dominated in 2017 with revenue size of USD 1,975.2 million, owing to rising number of surgical procedures and increasing cases of hospital acquired infections. Stringent sterility and safety guidelines for healthcare facilities and identification of non-compliance with these guidelines, will drive the demand for sterilization equipment in the U.S. Additionally, adoption of technologically advanced equipment in the country will lead to lucrative regional growth in forthcoming years.

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Sterilization Equipment Market, by Product
o Heat Sterilization
o Dry heat sterilization
o Moist heat sterilization
o Low-Temperature Sterilization
o Ethylene Oxide Sterilization (ETO)
o Hydrogen Peroxide Sterilization
o Other
o Filtration Sterilization
o Radiation Sterilization
o Electron beams
o Gamma rays

Sterilization Equipment Market, by End-use
o Hospitals & Clinics
o Biotech and Pharmaceutical Companies
o Medical Device Companies
o Food & Beverage Industry