Impact of COVID-19 on Sterilization Technologies Market - Trends and Forecast (2017-2026) by Industry Experts, Inc.
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 ...