The Global LowTemperature Sterilization Equipment Market, by Technology (Ethylene Oxide,Vaporized Hydrogen Peroxide, Hydrogen Peroxide Gas Plasma, Ozone, LowTemperature Steam Formaldehyde, and Others), by End User (Hospitals, Clinics,Ambulatory Surgical Centers, Pharmaceutical Companies, and Others) and byRegion (North America, Latin America, Europe, Asia Pacific, the Middle East,and Africa) was valued at US$ 1,120.1 million in 2016 and is projected toexhibit a CAGR of 10.6% over the forecast period (2017 – 2025).
The Low Temperature SterilizationEquipment Market is expected to gain significant traction with increasingincidence of surgical procedures and popularity of minimally invasive surgicalprocedures worldwide. According to the American Society of Plastic Surgeons2016, over 17.1 million minimally invasive surgical procedures were performedin the U.S. for various treatments.
Development of innovativesterilization techniques to drive growth of the global low temperaturesterilization equipment market Reprocessing and reusing of instruments beforeperforming a surgical procedure is a pre requisite. However, inability ofvarious surgical components to withstand high temperature during sterilizationprocedure can be resolved with the introduction of novel platforms andequipment that can perform sterilization of these components at lowtemperatures. For instance, in April 2016, Becton Dickinson and Companyintroduced low temperature rigid sterilization container system that has avisually differentiated set for sterilization of various equipment to providelong lasting protection and sterility maintenance during surgical procedures.In 2013, Sterrad 100nx system was introduced by Advanced Sterilization Products(ASP), which delivered improved efficiency in sterilizing most single channelflexible scopes and accessory light cords together as a set and cameras. Lowtemperature sterilization techniques are continuously being developed andupdated with the new technologies to cater sterilization for minimally invasivesurgical instruments, and other non-heat tolerant hospital equipment.
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The glutaraldehyde advancedsterilization products that were used conventionally for low temperaturesterilization procedures are now replaced with new technologies such asethylene oxide, vaporized oxygen peroxide and others. These techniques arefound to be effective even against superbugs that are microbes with developedresistance against a vast number of antibiotics. According to the Centers forDisease Control and Prevention (CDC) 2013, the superbugs are cause of over 50%of deaths caused due use of disinfected or non-sterile instruments.
Browse 36 Market Data Tables and22 Figures spread through 160 Pages and in-depth TOC on “Low TemperatureSterilization Equipment Market”- by Technology (Ethylene Oxide, VaporizedHydrogen Peroxide, Hydrogen Peroxide Gas Plasma, Ozone, Low Temperature SteamFormaldehyde and Others), by End User (Hospitals, Clinics, Ambulatory SurgicalCenters, Pharmaceutical Companies and Others) and by Region (North America,Latin America, Europe, Asia Pacific, the Middle East, and Africa) - GlobalForecast to 2025
The key players are focusing onresearch and development of efficient sterilization systems. For instance, inJanuary 2017, Advanced Sterilization Products (ASP), a part of Johnson andJohnson Medical Device Company introduced a next generation low temperaturesterilization equipment named STERRAD 100NX system with ALLClear technologythat includes simplified system operation and automatic monitoring conditionsto minimize workflow interruptions and cycle cancellations. Moreover, in August2017, 3M received FDA approval forrapid sterilization test kit that carries outlow temperature sterilization using vaporized hydrogen peroxide in 24 minutescycle that usually takes about 4 hours to complete.
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Key Takeaways of the LowTemperature Sterilization Equipment Market:
The global low temperaturesterilization equipment market is expected to exhibit a CAGR of 10.6% over theforecast period, owing to rising incidence of minimally invasive surgicalprocedures and increasing incidence of healthcare associated infections acrossthe globe
Among technology segment,ethylene oxide sterilization segment holds a dominant position in the lowtemperature sterilization equipment market as this is a standard test forsterilization of plastics and other low temperature tolerant equipment
Among end users, hospital segmentholds a dominant position in the global low temperature sterilizationprocedures as most of the surgical procedures that require advanced instrumentsare performed in hospitals
Among region, North America isexpected to dominate the global low temperature sterilization equipment market,owing to presence of leading companies investing significantly in to researchfor the development of innovative devices that are indulged into innovation oftechnologically advanced low temperature sterilization systems
Some of the major playersoperating in the global low temperature sterilization equipment market include3M Company, Steris Corporation, Belimed AG, Cantel Medical Corporation,Anderson products, Advanced Sterilization Products, Matachana Group,Sterigenics International, and MMM Group.
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