STERILIZATION EQUIPMENT MARKET ANALYSIS

Sterilization Equipment MarketSize and Trends

Sterilization market has gained traction in the recent past due to increasing awareness about infection and diseases caused due to non-sterile environment. Increasing investment in research and healthcare infrastructure focused on public health sterilization equipment is increasing significantly. Utilization of unsterilized equipment leads to serious infection threatening public health such as the spread of HIV and lethal hepatitis. Government also aids growth of the market, as the Food and drug administration (FDA) approves marketing of products only when produced in sterile and hygienic conditions. Department of health and human services have formed the guidelines for disinfection and sterilization in healthcare facilities in 2008, which was re-updated in 2014 and February 2017, on the basis of various new infection such as Ebola virus disease. Medical waste requires to be decontaminated before being disposed, so as to prevent threat of disease spreading. This is increasing the demand for sterilizable equipment, thus boosting growth of the sterilization equipment market.