Sterilization is a process of complete destruction or removal of all microorganisms (bacterial, viral, and fungal) with the use of either physical or chemical agents. The efficacy of sterilization process depends on the nature of the product, the extent and type of any contamination, and the conditions under which the final product has been prepared. Sterilization in industries is done by following methods like use of heat, filters, radiation chemical method, gamma radiation, electron beam radiation, filtration, ionizing radiation, and thermal sterilization. Sterilization can be achieved by applying the proper combinations of heat, chemicals, irradiation, high pressure, and filtration. The major applications are included in surgical dressings and surgical instruments. Moreover containers and closures are sterilized by autoclaving. Besides in hospital for patient safety and the prevention of hospital-acquired infections there is rise in the demand for sterilization technologies in healthcare. Therefore there is an increase in demand for sterilization technologies across the globe.
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STERILIZATION TECHNOLOGIES MARKET REPORT OUTLOOK
The key factor driving the growth of market is increasing occurrences of hospital acquired infections. For instance the Centers for Disease Control (CDC) estimates that HAIs account for an estimated 1.7 million infections and 99,000 associated deaths each year. Besides increasing number of surgical procedures had led the demand of sterilization technologies for patient safety and the prevention of hospital-acquired infections. Also, growth in the pharmaceutical and biotechnology industries is propelling the demand of sterilization technologies market.
COVID 19 IMPACT ON STERILIZATION TECHNOLOGIES MARKET REPORT
The exclusive COVID 19 impact analysis report by Axiom MRC provides a 3600 analysis of micro and macro-economic factors on the sterilization technologies market. In addition, complete analysis of changes on the sterilization technologies market expenditure, economic and international policies on supply and demand side. The report also studies the impact of pandemic on global economies, international trade, business investments, GDP and marketing strategies of key players present in the market. COVID-19 impact on the sterilization technologies market is positive as the major pharmaceuticals companies are innovating different sterilization equipment’s, effective sterilizers
STERILIZATION TECHNOLOGIES MARKET SEGMENTAL OVERVIEW
The sterilization technologies market is segmented based on by type, by process, by end use and geography
STERILIZATION TECHNOLOGIES MARKET BY TYPE
The sterilization technologies are available in different types including ethylene oxide, filtration sterilization, ionizing radiation sterilization, thermal sterilization
Filtration Sterilization is further bifurcated to liquid, air & gas, ionizing radiation sterilization is further sub segmented to gamma radiation, electron beam radiation whereas thermal sterilization further includes autoclaving, distillation, pasteurization, retorting and others. Ethylene oxide leads the market in sterilization technologies owing to high penetration, the strength of the radiation dose, and its exposure time. The ethylene oxide has major use for sterilizing instruments with long lumens such as endoscopes and all materials that have to be sterilized but cannot withstand higher temperature. Whereas ionizing radiation is likely to have significant growth during the forecast period owing to health concerns related to the use of ethylene oxide.
STERILIZATION TECHNOLOGIES MARKET BY PROCESS
Depending on process sterilization technologies are chemical process, physicochemical, synergetic processes and physical processes.
Chemical process further includes hydrogen peroxide, ozone and chlorine dioxide, physicochemical includes plasma, steam, synergetic processes is further bifurcated to psoralens & uva , low-temperature steam & formaldehyde, physical processes further includes microwaves, pulsed light system. Chemical sterilization is the majorly used process to kill, eliminate, and remove all germs, viruses, and bacteria. This can be in the form of gas or liquid chemicals.
STERILIZATION TECHNOLOGIES MARKET BY END USER
The sterilization technologies has major end use in pharmaceuticals, hospitals & clinics ,medical devices, food & beverage, agriculture, cosmetic, manufacturing
Pharmaceuticals is anticipated to dominate the global sterilization technologies accounting significant market share is expected to have highest growth in upcoming years. The growth is attributed to strict sterilization processes which plays a major role in pharmaceutical industries for safety of processing units and final products with highest quality of hygienic practice. On the other hand hospitals & clinics is expected to have significant growth owing to increasing incidence of healthcare associated infections, increasing number of hospitals, and the growing number of surgical procedures performed.
STERILIZATION TECHNOLOGIES MARKET BY GEOGRAPHY
Geographically the global sterilization technologies market is studied for the following region North America, Europe, Asia-Pacific and Rest of the world (RoW)
North America leads the global sterilization technologies market accounting the largest market share attributed to growing demand for sterilization technologies from the healthcare industry to minimize the occurrence of different disease and improved surgical outcomes. In addition growing prevalence of geriatric patient’s population suffering from chronic illness with rising inflow hospital admissions for surgical procedures is fueling the demand for sterilization technologies market in the region. Moreover, high healthcare spending and presence of key players in the region is propelling the regional growth. Whereas Asia Pacific is anticipated to grow at the highest pace due to increasing demand for advanced technology and rising elderly population in the region is boosting the regional growth for sterilization technologies market
STERILIZATION TECHNOLOGIES MARKET KEY PLAYER
The key players in sterilization technologies market are Advanced Sterilization Products Services Inc., Atec Pharmatechnik GmbH, Belimed AG, Getinge Group, Nordion (Canada) Inc., Noxilizer, Inc., Sterile Technologies Inc., Steris Plc, The 3M Company, TSO3 Inc., Koch Membrane Systems, Inc., Meissner Filtration Products, Inc., Pall Corp, Sartorius Corp, JBT Group, Allpax Products Inc., API Heat Transfer Inc. and Avure Technologies, Inc. among others.
STERILIZATION TECHNOLOGIES MARKET RECENT DEVELOPMENT
November 2019: FDA had launched pilot to speed new ethylene oxide sterilization methods. The pilot is intended to speed adoption of new methods to sterilize devices with less ethylene oxide by several months.
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