Major players in sterilization monitoring market include 3M Company (U.S.), Getinge Group (Sweden), Cantel Medical Corp. (U.S.), STERIS plc (U.S.), Cardinal Health, Inc. (U.S.), Mesa Laboratories, Inc. (U.S.), Propper Manufacturing Co. Inc. (U.S.), PMS Healthcare Technologies (Turkey), Hu-Friedy Mfg. Co., LLC (U.S.), and gke-GmbH (Germany).
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Geographically, sterilization monitoring market segmented into North America, Europe, Asia-Pacific, and RoW. Among the four geographic regions, North America estimated to command largest share of sterilization monitoring market in 2017, followed by Europe & Asia-Pacific.
Emerging markets, including India & China, have become attractive destinations for companies engaged in development & marketing of sterilization monitoring products.
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Sterilization Monitoring Market, By Process
2 Pack Monitoring
3 Load Monitoring
4 Equipment/Process Monitoring
5 Exposure Monitoring
Sterilization Monitoring Market, By End User
3 Pharmaceutical, Biotechnology, and Medical Device Companies
4 Research and Academic Institutes
5 Food & Beverage Industry
Sterilization monitoring market segmented into biological monitoring, chemical monitoring, and mechanical monitoring. In 2016, biological monitoring segment expected to account for largest share of market.
Factors like efficacy of biological indicators to monitor sterilization processes by killing microorganisms directly as compared to other sterilization monitoring techniques and increasing preference for BIs by various healthcare organizations to monitor sterilization processes are expected to drive growth of this technology.
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Sterilization monitoring market report covers across four major geographies, namely, North America, Europe, Asia-Pacific, & Rest of the World (RoW). The high growth of this regional segment can be attributed to growth in per capita income, increasing number of hospitals, growth in geriatric population, increase in the number of surgical procedures, and growth in the pharmaceutical and medical devices industry.
1 Rising Incidence of Hospital-Acquired Infections
2 Increasing Number of Surgical Procedures
3 Technological Advancements in Sterilization Monitoring Products
4 Rising Focus on Food Sterilization
The global sterilization monitoring market is projected to reach USD 631.0 Million by 2022, at a CAGR of 7.5% in forecast period (2017–2022). Factors like rising incidence of hospital-acquired infections, increasing number of surgical procedures coupled with the rising geriatric population & chronic disease incidence, technological advancements in sterilization monitoring products, & rising focus on food sterilization are major factors driving growth of this market.
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North America expected to account for largest share of global market in 2017, followed by Europe & Asia-Pacific. The food service packaging market has been segmented into three types, namely, flexible, paper & paperboard, and rigid.
Flexible segment led demand for packaging in food service packaging in 2016 and is projected to grow at highest CAGR from 2017to 2022.
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