Sterilization Equipment Market To Reach USD 1608 2 Million By The End of 2027 With a CAGR of 3 1% finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
Press release content from Business Wire. The AP news staff was not involved in its creation.
North America Sterilization Equipment Market to 2028 - Featuring 3M, Cantel Medical and Cardinal Health Among Others - ResearchAndMarkets.com
January 13, 2021 GMT
This report infers that the North America sterilization equipment market is projected to witness a CAGR of 7.91% in the considered years 2019-2028. The United States and Canada form the market in this region.
ADVERTISEMENT
In Canada, there is a substantial rise in hospital-acquired infection cases, which is fueling the demand for sterilization equipment in hospitals and other healthcare facilities. In Addition, the COVID-19 outbreak has augmented the need for sterilization of hospitals, medical equipment, and other healthcare facilities to maintain a hygienic environment. The government has also collaborated with industries to increase the production of medical and sterilization equipment. Therefore, this growth in hospital-ac
Share this article
Share this article
ResearchAndMarkets.com s offering.
The global market for sterilization equipment is expected to grow at a CAGR of 7.73% during the estimated period of 2019-2028.
The increased number of surgical procedures, along with stringent protocols by healthcare bodies against hospital-acquired infections, are major factors driving the global market on a positive growth trajectory. Additionally, the increased demand from the pharmaceutical industry, and opportunities from the food & beverage industry opens several avenues for the sterilization equipment market s development.
However, the increased cost of sterilization equipment and regulations in manufacturing this equipment is limiting the progress of the sterilization equipment market.