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Exactitude Consultancy Latest Published Sterilization Equipment Market by Product (Heat Sterilizers , Low-temperature Sterilizers, Sterile Membrane Filters, Radiation Sterilization Devices), by End User (Hospitals and Clinics, Pharmaceutical and Biotechnology Companies, Education and Research Institutes, Food and Beverage Industries) and Region, Global trends and forecast from 2022 to 2029
Sterilization Equipment Market Overview
The Sterilization Equipment market is expected to grow at 8.5 % CAGR from 2022 to 2029. It is expected to reach above USD 22.09 billion by 2029 from USD 8.9 billion in 2020.
Segment Analysis
The Sterilization Equipment market is segmented based on Product, End User and Region, Global trends and forecast.
Based on the product, market is segmented into heat sterilizers, low temperature sterilizers, sterile membrane filters and radiation sterilization devices. Low-temperature sterilizers accounted for the largest market share in 2021. This is due to the increasing need for sterilization of heat and moisture-sensitive medical equipment with complex designs. This technique involves Ethylene Oxide sterilization, hydrogen peroxide gas plasma and by using other liquid chemical substances. The growth of this segment is driven by factors such as increasing surgical procedures and the need for the sterilization of complex substances.
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