Showing posts with label Sterilization Equipment and Disinfectants Industry. Show all posts
Showing posts with label Sterilization Equipment and Disinfectants Industry. Show all posts

What are Key Factors Responsible for Growth of Global Sterilization Equipment and Disinfectants Market?

One of the major factors fuelling the rise in the demand for sterilization equipment and disinfectants is the surging prevalence of chronic diseases and ailments, requiring surgeries, across the world. For instance, cancer kills 9.6 million people and heart diseases 17.9 million each year, according to the World Health Organization (WHO). The geriatric population is growing at a rapid rate in several countries too, and this is leading to a huge rise in preventive screenings, surgeries, and different medical tests. Moreover, there have been major technological advancements in the healthcare sector, which have propelled the volume of surgeries, thereby pushing the demand for sterilization equipment and disinfectants.

The other important factor boosting the demand for such products is the increasing awareness regarding sanitation and hygiene in healthcare settings, such as clinics, clinical laboratories, and hospitals and their important contribution toward preventing the outbreak and spread of diseases in these settings. For instance, the Hospital-Acquired Condition Reduction Program (HACRP) in the U.S has provisions for imposing severe financial penalties on hospitals if they are unable to stop the occurrence and spread of preventable healthcare-related infections, such as central line-associated bloodstream infection (CLABSI) and catheter-associated urinary tract infections (CAUTI).

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Due to the above-mentioned factors, the global sterilization equipment and disinfectants market is expected to witness huge growth in the coming years. Disinfecting agents and sterilization equipment are commonly used in the decontamination process. While sterilization kills microorganisms, such as viruses (such as COVID-19), fungi, spores, and bacteria, disinfectants reduce/eliminate microorganisms and their ability to spread diseases. These equipment and chemicals are widely used in the food & beverage, healthcare, and pharmaceuticals industries for killing disease-spreading microbes and maintaining proper cleanliness and hygiene.

Globally, North America recorded the highest usage of sterilization equipment and disinfectants in the past, mainly due to the presence of well-developed healthcare infrastructure and strict patient safety regulations in the region. The demand for both these types of products is expected to be considerably high in the Asia-Pacific (APAC) region in future, owing to the rising focus toward the prevention of various healthcare-related infections. The increasing need for healthcare services is expected to further boost the growth of the sterilization equipment and disinfectants market in the region in the coming years.

Therefore, it is clear that owing to the increasing awareness regarding hygiene and sanitation in healthcare settings, rising prevalence of chronic diseases, and burgeoning number of surgical procedures, the demand for sterilization equipment and disinfectants will increase at a rapid rate in future.

Read more: https://www.psmarketresearch.com/market-analysis/sterilization-equipment-and-disinfectants-market

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