Report Synopsis Amid the COVID-19 pandemic, the global market for Sterilization Technologies is anticipated to record a robust growth during 2019-2021 period. Contrarily, due to deferred or cancelled elective procedures across the globe, the market for Sterilization Technologies is estimated to grow at a modest year-on-year (Y-o-Y) growth of just 4.3% in 2020, partially offset by increase in demand for sterilization of personal protective equipment (PPE) and demand from the life sciences sector amid overwhelming COVID-19 vaccine research programs.
As we pass through the Pandemic, hopefully, in 2021, a huge growth mainly expected from the medical equipment sterilization applications, we anticipate elective procedure volumes to begin to normalize as soon as hospitals get to the other side of COVID-19 peaks and can begin to address the pent-up demand for these procedures. In the long term, demand for Sterilization Technologies is projected to record a CAGR of 6.4% between 2019 and 2026 to reach US$13.7 billion by 2026.
Research Findings & Coverage • Global Sterilization Technologies market is analyzed in this report with respect to key technologies and major applications • The study exclusively analyzes the market of each technology type and applications of sterilization by a major geographic region/country • UV-C Sterilization Effective for Killing COVID-19 on N95 Respirator Masks • New Plasma-Based Sterilization Technology for Re-usable Medical Devices • Need for Pure Cleansing of Surgical Devices Prior Sterilization • E-Beam and X-Ray Technologies Gaining Wider Acceptance for Sterilization • Key business trends focusing on product innovations/developments, M&As, JVs and other recent industry developments • Major companies profiled – 39 • The industry guide includes the contact details for 114 companies
Product Outline The report analyzes the market for the following key technologies of sterilization: • Filtration Sterilization • Heat Sterilization • Radiation Sterilization • Chemical Sterilization
Major applications of sterilization technologies analyzed in this study comprise the following: • Medical Devices • Pharmaceuticals • Life Sciences • Others (Food, Agriculture, Cosmetics, etc)
Analysis Period, Units and Growth Rates • The report reviews, analyzes and projects the global sterilization technologies’ market for the period 2017-2026 in terms of market value in US$ and the compound annual growth rates (CAGRs) projected from 2017 through 2026 with a special focus on y-o-y growth for 2019, 2020 and 2021
Geographic Coverage • North America (The United States and Canada) • Europe (France, Germany, Spain, The United Kingdom and Rest of Europe) • Asia-Pacific (Australia, China, India, Japan and Rest of Asia-Pacific) • Rest of World (Brazil, South Africa and Others)
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