Study on sterilization monitoring market dominated by biological monitoring, chemical monitoring, and mechanical monitoring. Biological monitoring segment expected to account for largest share of market.
The sterilization monitoring market growing at 7.5% CAGR and projected to reach US$ 631 Million by 2022, forecast period (2017–2022). The high growth of this regional segment can be attributed to growth in per capita income, increasing number of hospitals, growth in geriatric population, increase in the number of surgical procedures, and growth in the pharmaceutical and medical devices industry.
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The global sterilization monitoring market is projected to reach USD 631.0 Million by 2022, at a CAGR of 7.5% in forecast period (2017–2022). Factors like efficacy of biological indicators to monitor sterilization processes by killing the microorganisms directly as compared to other sterilization monitoring techniques and increasing preference for BIs by various healthcare organizations to monitor sterilization processes are expected to drive growth of this technology.
- Sterilization monitoring device manufacturers
- Sterilization monitoring service providers
- Pharmaceutical, biotechnology, and medical device companies
- Hospitals and clinical laboratories
- Food & beverage companies
- Academic and research institutes
- Regulatory bodies
Geographically, sterilization monitoring market segmented into North America, Europe, Asia-Pacific, and RoW. Among the four geographic regions, North America is estimated to command largest share of sterilization monitoring market in 2017, followed by Europe and Asia-Pacific. Emerging markets, including India & China, have become attractive destinations for companies engaged in development & marketing of sterilization monitoring products.
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Global sterilization monitoring market is highly competitive, with a large number of global and local players. In 2016, global sterilization monitoring market was dominated by3M Company (U.S.),Getinge Group (Sweden),Cantel Medical Corp. (U.S.), and STERIS plc (U.S.). Product launches & showcases and acquisitions were major strategies adopted by market players to achieve growth in sterilization monitoring market.
Sterilization monitoring market report covers across four major geographies, namely, North America, Europe, Asia-Pacific, & Rest of the World (RoW). North America is expected to account for the largest share of the global market in 2017, followed by Europe and Asia-Pacific.
The food service packaging market has been segmented into three types, namely, flexible, paper & paperboard, and rigid. Flexible segment led demand for packaging in food service packaging in 2016 and is projected to grow at highest CAGR from 2017 to 2022.
More Information “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” report at http://www.rnrmarketresearch.com/contacts/inquire-before-buying?rname=1017672 .
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