Europe Sterilization Equipment Market delivers a succinct analysis on industry size, regional growth and revenue forecasts for the upcoming years. The report further sheds light on significant challenges and latest growth strategies adopted by manufacturers who are a part of the competitive spectrum of this business domain.
Sterilization is the process of eliminating biological agents or any forms of lives, which include infectious agents such as fungi, bacteria, spore forms, unicellular eukaryotic organisms. Sterilization is a vital process in medical industry where maintenance of sterile environments is topmost priority. Disinfection of medical devices is very important to prevent the spread of chronic infectious diseases. Growing demand from the end user industries along increasing number of surgeries performed at hospitals and clinics is anticipated to drive the demand for sterilization equipment market.
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Some major key players for Europe sterilization equipment market are Steris, Getinge, Sotera Health, Advanced Sterilization Products, 3M, Belimed, MMM Group, Matachana Group, Cantel Medical, Cretex Companies, Medistri, COSMED Group, E-BEAM Services, Cantel Medical, Stryker Corporation, Centurion Medical Products and others.
Europe sterilization equipment market report is segmented on the basis of product, technology, end users and by regional & country level. Based upon product Europe sterilization equipment market is segmented into autoclave, hot air oven, low-temperature sterilizers, filter sterilization and ionizing radiation sterilization. Based on technology Europe sterilization equipment market is segmented in to gravity, vacuum, steam, forced convention and natural convention. Based on end users the market is segmented into pharmaceutical manufactures, diagnostic labs, medical device manufactures and others.
Sterilization Equipment Market Segmentation
The regions covered in this sterilization equipment market report are North America, Europe, Asia-Pacific and Rest of the World. On the basis of country level, the market of sterilization equipment is sub divided into U.S., Mexico, Canada, U.K., France, Germany, Italy, China, Japan, India, South East Asia, Middle East Asia (UAE, Saudi Arabia, Egypt) GCC, Africa, etc.
Market Dynamics –
Growing demand for sterilization equipment’s in medical industry, upward population, increasing incidence of communicable diseases such as viral and bacterial infections are some of the key factors driving the growth of Europe sterilization equipment market. According to WHO, autoclaving or steam under pressure is one of the most successful disinfection methods representing bacteria, their spores, and viruses noninfectious and nonviable through this technique. However, in comparatively emerging economies and countries the high cost of sterilization equipment acts as a barrier for the growth of the sterilization equipment market. Moreover, with prominent consumption in cleaning and disinfecting container and packaging industry is expected to create significant opportunities during the forecast period.
The Europe sterilization equipment market is segmented into North America, Europe, Asia-Pacific and Rest of the World. North America dominates Europe sterilization equipment market. The growth in the region is attributed to the presence of technologically advanced healthcare sector and key players. According to International Trade Administration hospital and other public health institutions are principle purchasers of sterilization equipment’s and supplies in U.S. and Canada. More than 70 percent of medical equipment and supplies demand is from U.S. and Canada. The European market is expected to be second largest due to increasing government expenditures on healthcare and growing research activities in the life science sector. Moreover, Asia-pacific is anticipated to be the fastest growing market during the forecast period due to rapidly growing medical equipment industry in the region. In 2009, Japan based U.S. medical device manufacturers launched a new association called the American Medical Devices and Diagnostics Manufacturers Association. This association has currently more than 65 members companies in this region.
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