Sterilization Monitoring Market Key Players and Industry Trends
Sterilization Monitoring market is expected to grow from USD 15.40 billion in 2019 to USD 10.57 billion by 2026 at a CAGR of 7.95% from 2020 to 2026.
Sterilization monitoring refers to a process of testing the efficacy of the sterilization through the utilization of biological indicators or chemical indicators to stay a track on the sterilization process. The sterilization monitoring eliminates, kills, deactivates, or removes all sorts of life and other biological agents from the surface. The market is anticipated to grow within the forecast, due to the rising incidence of hospital-acquired infections and the increasing number of surgical procedures across the world. Furthermore, the opportunities from developing economies and growing mergers and acquisitions within the market are expected to supply significant growth opportunities within the market during the forecast period.
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The global Sterilization Monitoring market has been segmented as below:
By Product
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Biological Monitoring
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Chemical Monitoring
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Mechanical Monitoring
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Biological Indicators
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Chemical Indicators
By Method of Sterilization
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Steam Sterilization
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Ethylene Oxide Sterilization
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Hydrogen Peroxide Sterilization
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Formaldehyde Sterilization
By Process
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Pack Monitoring
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Load Monitoring
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Equipment/Process Monitoring
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Exposure Monitoring
By End-User
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Hospitals
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Pharmaceutical, Biotechnology, and Medical Device Companies
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Research and Academic Institutes
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Food & Beverage Industry
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Other End Users
By Region
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Europe
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North America
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Asia Pacific
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Rest of The World
Competitive Rivalry
3M Company, Getinge Group, Cantel Medical Corp., STERIS plc, Cardinal Health, Inc., Mesa Laboratories, Inc., Propper Manufacturing Co. Inc., PMS Healthcare Technologies, Hu-Friedy Mfg. Co., LLC, Gk-Gmbh, and others are among the major players in the market. The companies studied in terms of product strategy and various n several growths and expansion strategies to gain a competitive edge in the market. The major players not only follow value chain integration with business operations in multiple stages of the value chain.
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