Asia Pacific Sterilization Equipment Market

(IT-NEWSWIRE.COM, December 05, 2017 ) Market Outline: Asia Pacific Sterilization Equipment Market

Sterilization is the process of destroying the living micro-organisms that includes transmissible agents such as spore forms, bacteria, fungi, and unicellular eukaryotic organisms from medical equipment, surface, and fluids and among others. Sterilization is mandatory in medical industry to improve the efficacy and safety of the instruments. Sterilization can be done by various processes such as chemical, heat, high pressure, irradiation, and filtration. Chronic diseases such as HIV and lethal hepatitis may attack due to the use of unsterilized equipment.

Market Dynamics: Asia Pacific Sterilization Equipment Market

Rise in incidence of nosocomial infections, developing healthcare infrastructure, and increase in the number of pharmaceutical companies manufacturing activities in Asia Pacific region are anticipated to fuel the market. Moreover, technological advancements in the sterilization process and stringent regulations for infection control and medical safety are expected to boost the market over forecast period. However, high cost of sterilization equipment and regulatory related issues are expected to hamper the growth of sterilization equipment market.

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Market Scope: Asia Pacific Sterilization Equipment Market

Sterilization equipment market is segmented on the basis of product type, technology, sterilization type, site of sterilization, and end user

Based on the product type, market is segmented into the following:

• Sterilization Indicators

• Sterilization Accessories

• Others (Detergents, Lubricants)

Based on technology, market is segmented into the following:

• Pre-Vacuum

• Gravity Displacement

• Steam-Flush Pressure Pulse

Based on the sterilization type, market is segmented into the following:

• Moist Heat Sterilization

• Dry Heat Sterilization

• Low-Temperature Sterilization

• Filtration Sterilization

• Radiation Sterilization

• Others

Based on the site of sterilization, market is segmented into the following:

• Onsite Sterilization

• Offsite Sterilization

Based on the end user, market is segmented into the following:

• Hospitals

• Pharmaceutical Companies

• Food And Beverages Companies

• Medical Devices Companies

• Research Institutes

• Others

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Country Analysis: Asia Pacific Sterilization Equipment Market

Geographically, Asia Pacific sterilization equipment market segmented into India, China, Japan, Australia and New Zealand, South Korea, and Rest of Asia Pacific. China sterilization equipment market is driven by increase in the prevalence of chronic diseases leads to increase the number of surgeries, and adoption of newer technologies in the country. Japan sterilization equipment market is poised to grow at a significant rate owing to increase in the demand for non-disposable medical devices, well-established healthcare infrastructure, and increase in the number of pharmaceuticals, medical devices, and food and beverages companies. In Australia sterilization equipment market players are expanding their business by collaboration. For instance, in August 2016, MMM group partnered with MEIKO Australia for the expansion of sterilization product portfolio. Moreover, increasing medical tourism in Asia Pacific countries is bolstering the market in Asia Pacific region.

Competition Assessment: Asia Pacific Sterilization Equipment Market

Some of the palyers in the Asia Pacific Sterilization equipment market include:

• 3M Company (U.S.)

• Getinge Group (Sweden)

• STERIS Corporation (U.S.)

• Matachana Group (Spain)

• Sterigenics International, Inc. (U.S.)

• Advanced Sterilization Products (U.S.)

• Belimed AG (Switzerland)

• Anderson Products, Inc. (U.S.)

• MMM Group Limited (WSP Global) (Canada)

• MEIKO Australia Pacific Pty. Ltd. (Australia)

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Key Features of the Report:

• The report provides granular level information about the market size, regional market share, and forecast from 2017-2023

• The report covers in-detail insights about the competitor’s overview, key findings, and their key strategies

• The report outlines drivers, restraints, challenges, and trends that are currently faced by the industry

• The report tracks recent innovations, key developments and start-up’s details that are working in the industry

• The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario

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Asia Pacific Sterilization Equipment Market