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The global sterilization technologies market size was valued at $7,200.53 Million in 2020, and is projected to reach $12,782.65 Million by 2030, registering a CAGR of 5.9% from 2021 to 2030.
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Sterilization Technologies Market Expected to Reach $7,200.53 Million by 2030 | CAGR of 5.9%: Allied Market Research Increase in number of surgeries and prevalence of various diseases, rise in number of hospital acquired infections, and growth in demand of sterilization in food & beverage industry propel the growth of the sterilization technologies market. The major factors that drive the growth of the market include, increase in rate of infections, rapid growth of biotechnological and pharmaceutical companies, increase in medical procedures, and advancement of technology in the sterilization market. Infectious diseases, such as AIDS and innovation of medicines and initiatives taken by the government are also considered as primary drivers for the growth of the sterilization technologies market.
Key Findings Of Study By type, the Chemical & Gas Sterilization segment currently dominates the global sterilization technologies market and is expected to continue during the forecast period owing to their effectiveness in sterilizing the reusable medical instruments, surgical instruments, and other materials required for various microbial-safe environments. On the basis of end user, the medical devices segment dominated the global sterilization technologies market in 2020 and is anticipated to be dominant in the market owing to growing incidence of hospital-acquired infections (HAIs), and the rising number of surgical procedures propelling the growth of the medical devices industry. Covid-19 scenario: Download Free Sample Report at: https://www.alliedmarketresearch.com/request-sample/1840
List of key players profiled in the report: • Advanced Sterilization Products Services Inc. • AtecPharmatechnik GmbH • Belimed AG • Getinge Group • Nordion Inc. • Noxilizer, Inc. • Sterile Technologies Inc. • Steris Plc. • The 3M Company • Stryker Corporation
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