PUNE, India, May 25, 2017 /PRNewswire/ --
Sterilization monitoring market is estimated to grow at a CAGR
of 7.5% to reach $631.0 million by
2022. On the basis of technology, the sterilization monitoring
market is segmented into biological monitoring, chemical
monitoring, and mechanical monitoring. Based on the method the
steam sterilization segment has the largest share.
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.
The global sterilization monitoring market is estimated to grow
at a CAGR of 7.5% from 2017 to 2022 to reach USD 631.0 million by 2022. Factors such as
technological advancements in sterilization monitoring products,
rising focus on food sterilization, rising incidence of
hospital-acquired infections, and increasing number of surgical
procedures coupled with the rising geriatric population and chronic
disease incidence are the major factors driving the growth of this
market. On the other hand, lack of awareness on sterilization
monitoring and dearth of skilled professionals are the major
factors limiting the growth of this market.
On the basis of technology, the sterilization monitoring market
is segmented into biological monitoring, chemical monitoring, and
mechanical monitoring. In 2016, the biological monitoring segment
is expected to account for the largest share of the market .Factors
such as efficacy of biological indicators to monitor sterilization
processes by killing the microorganisms directly as compared to the
other sterilization monitoring techniques and increasing preference
for BIs by various healthcare organizations to monitor
sterilization processes are expected to drive the growth of this
technology.
Based on the method of sterilization, the steam sterilization
segment accounted for the largest share of the global sterilization
monitoring market in 2016. The large share of this segment can be
attributed to the non-toxic nature of steam and the low cost and
efficiency offered by this method of sterilization in comparison to
the other methods of sterilization. On the basis of end user, the
hospitals segment accounted for the largest share of the global
sterilization monitoring market in 2016. The rising prevalence of
healthcare-associated infections (HAIs) coupled with the increasing
number of surgeries is supporting the growth of the hospitals
segment.
Based on process, the sterilization monitoring market is
categorized into pack monitoring, load monitoring,
equipment/process monitoring, and exposure monitoring. The pack
monitoring segment accounted for the largest share of the global
sterilization monitoring market in 2016. Pack monitoring helps
identify problems related to human errors and sterilizer
malfunctions such as inadequate humidification and inadequate
exposure time at the selected temperature; such advantages are
driving the market growth in this segment.
On the basis of region, the market is segmented into
North America, Europe, Asia-Pacific, and the Rest of the World.
North America is expected to
command the largest share of the global sterilization monitoring
market in 2017, followed by Europe. The sterilization monitoring market in
North America is primarily driven
by the growing demand for healthcare services in North America owing to an expected surge in
the geriatric population and rising prevalence of chronic diseases
in the coming years.
Order a copy of Sterilization Monitoring Market by Technology
(Biological, Chemical), Product (Self-contained Vials, Integrating,
Emulating & Bowie-dick Indicators), Method (Steam, EtO),
Process (Pack, Load), End User (Hospitals, Pharma Companies) -
Global Forecast to 2022 Research Report at:
http://www.reportsnreports.com/purchase.aspx?name=1008985 .
The global sterilization monitoring market is highly
competitive, with a large number of global and local players. In
2016, the global sterilization monitoring market was dominated by
3M Company (U.S.), Getinge Group (Sweden), Cantel Medical Corp. (U.S.), and
STERIS plc (U.S.). Product launches & showcases and
acquisitions were the major strategies adopted by market players to
achieve growth in the sterilization monitoring market.
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