Sterilization Equipment Market: Size, Types, Growth & Trends
Meticulous Research®—a leading market research company, published a research report titled, ‘ Sterilization Equipment Market—Global Opportunity Analysis and Industry Forecast (2024-2031)’. According to this latest publication from Meticulous Research®, the sterilization equipment market is projected to reach $26.77 billion by 2031 , at a CAGR of 8% from 2024 to 2031. The sterilization equipment market is witnessing growth fueled by the increasing incidence of hospital-acquired infections, a higher volume of surgical procedures, and a surge in demand for sterilization in the food industry to mitigate food-borne illnesses. Additionally, the pharmaceutical and biotechnology sectors are driving demand for sterilization solutions, while there is a trend toward outsourcing sterilization processes to specialized service providers in non-healthcare industries. However, market growth is being constrained by concerns over the adverse effects of ethylene oxide and safety issu...