Unlocking the Future: Sterilization Equipment Market Forecast to Expand at 7.9% CAGR
Sterilization Equipment Market is estimated to surge from $16.8 billion in 2024 to $24.7 billion by 2029, expanding at a CAGR of 7.9%. The new research explores market trends, pricing, patents, and stakeholder analysis. Market growth is attributed to the increase in healthcare-associated infections, a rise in surgical volumes, greater focus on food sterilization, and the outsourcing of sterilization...
Growing Safety Concerns Related to Food Hygiene Owing to the Growing Demand for Food Sterilization Equipment
The food sterilization equipment market is estimated at USD 678.8 million in 2018 and is projected to reach USD 922.7 million by 2023, growing at a CAGR of 6.3% during the forecast period.
Rising application of sterilization technology in food & beverage industry, increasing instances of foodborne diseases, and growing safety concerns related to food hygiene and contamination are the major...
Sterilization Equipment Market to surge 7 percent
The global sterilization equipment market is expected to reach USD 11.14 Billion by 2023 from USD 7.94 Billion in 2018, at a CAGR of 7.0%. The major factors driving the growth of this market are the rising incidence of hospital-acquired infections, increasing number of surgical procedures, rising focus on food sterilization and disinfection, technological advancements in sterilization equipment, and...
Future of Sterilization Equipment Market During 2018-23
The sterilization equipment market is expected to reach USD 11.14 billion by 2023 from USD 7.94 billion in 2018, at a CAGR of 7.0% during the forecast period. The major factors driving the growth of this market are the rising incidence of hospital-acquired infections, increasing number of surgical procedures, rising focus on food sterilization and disinfection, technological advancements in sterilization...