A recent market intelligence report on sterilization equipment market takes a closer look at the major driving forces, restraints and opportunities anticipated to shape the future of the market industry reports for the forecast period, 2019 - 2030. Besides, this different adverse conditions and restraining factors expected to hinder the growth of the industry worldwide is also scrutinized. Trends from both past and present fast gaining momentum and stimulating market growth and development form an important part of the study.

The leading players in the global sterilization equipment market are Sterigenics U.S., LLC, Cantel Medical, Belimed,3M,Getinge AB, STERIS plc., Sterile Technologies, Inc. , Advanced Sterilization Products Division Ethicon US, LLC., Andersen Products, Inc., and SAKURA SI CO., LTD.

Rising Incidences of Hospital-acquired Infections (HAI)

Although, the current healthcare infrastructure has made considerable progress in preventing several forms of healthcare associated infections, yet, Hospital-acquired Infections (HAI) remains one of the most common complications among hospitalized patients. It is estimated that HAIs is among the top 5 leading causes of death in the U.S., and is responsible for a staggering 90,000 death every year. Therefore, sterilization and disinfection of instrument and hospital conditions is a major concern in today’s times, which requires paramount surveillance and scrutiny. Rising cases of HAI is anticipated to be a major driver for the global medical aesthetic market, which is further anticipated to grow in the coming years.

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Growing Number of Surgical Procedures

Increasing number of surgeries has been a major contributor to the growing demand for sterilization equipment worldwide. According to the Centers for Disease Control and Prevention (CDC), in U.S., a total of 51 million inpatient surgical procedures were performed in 2010. It is estimated that the global burden of surgical conditions is a staggering 28-32%. Similarly, growing preference for minimally-invasive procedures in anticipated to further propel the growth of the sterilization equipment market.

Stringent Regulations to Restrain the Market

Regulatory framework relating to the approval process has always been a critical restraining factor for obtaining sterile certificates for several surgical and laboratories equipment. In developing countries and emerging economics, lack well-defined supervisory framework and guidelines for the diagnostic sector, is anticipated to negatively impact the growth of the market.
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