Industry Experts - Market Research Reports, Industry Analysis, Custom Research

Industry Experts, Inc. published an updated 2020 version of the report " Sterilization Technologies – A Global Market Overview ". Analysts at Industry Experts estimate that the normalization in volumes is likely to occur once hospitals get relatively free from attending to the highs of COVID-19 and investigate addressing the unmet demand for elective surgical procedures at the end of 2020 and the beginning of 2021. This is bound to have a positive impact on the market for Sterilization Technologies. Amid the COVID-19 pandemic, the global market for Sterilization Technologies is anticipated to record a robust growth during 2019-2021 period. Contrarily, due to deferred or cancelled elective procedures across the globe, the market for Sterilization Technologies is estimated to grow at a modest year-on-year (Y-o-Y) growth of just 4.3% in 2020, partially offset by increase in demand for sterilization of personal protective equipment (PPE) and demand from the life sciences sector ...

Industry Experts, Inc. announced the publication of an updated 2018 version of the report " Sterilization Technologies – A Global Market Overview ". Analysts at Industry Experts estimate that the Medical Devices applications accounted for more than half of the global market for Sterilization technologies in 2018 and the phenomenon is expected to continue through to 2024. Growth in demand for sterilization equipment and techniques is expected to be driven by greater emphasis on refurbishing of medical devices as a means of curbing expenses. Another factor reinforcing demand is the technological advancements made in medical instruments such as endoscopes and analyzers, which have, in turn, contributed to an increasing requirement for advanced sterilizers and techniques that are compatible with these instruments. Cornering an estimated market share of 38.1%, equating to US$3.2 billion, in 2018, North America leads the global Sterilization Technologies market and is expe...