Global Steam Autoclave Market To Reach US$ 2.5 Billion By 2024 - Erie News Now | WICU & WSEE in Erie, PA

Global Steam Autoclave Market To Reach US$ 2.5 Billion By 2024

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The global steam autoclave market size is expected to be more than US$ 2.5 billion by 2024, registering a compound annual growth rate (CAGR) of 5.5% during the forecast period. The rising need to manage bio-hazardous and medical waste, growing incidence of nosocomial infections, and increasing adoption of CSSD healthcare establishment design are expected to drive the market. However, the shifting trend toward disposable medical devices and the high cost of larger capacity, specialized autoclaves are hampering the growth of the steam autoclave market. In addition, the absence of sterilization guidelines in developing countries and lack of proper implementation of sterilization guidelines in developed countries are factors restraining the growth of the market.

In this report, the global steam autoclave market is segmented by product, indicator, technology, end user, and region. On the basis of product, the market is segmented into traditional and tabletop. The market on the basis of indicator is segmented into mechanical, chemical, and biological. On the basis of technology, the market is segmented into gravity displacement, pre-vacuum, and steam flush. The market on the basis of end user is segmented into hospitals, health care organizations, and academics.

The global steam autoclave market is segmented on the basis of key regions, namely, North America, Europe, Asia Pacific, and Rest of the World. North America accounts for the largest share of the market. However, Asia Pacific is expected to witness the highest growth rate during the forecast period. Furthermore, each region is segmented to provide market revenue for select countries such as the U.S., Canada, the U.K., Germany, China, Japan, India, Brazil, and GCC countries. The report includes a detailed study of the global and regional steam autoclave market and analyzes the variations in the growth of the industry in certain regions.

A glimpse of the report structure is provided in the report description available on the website.

https://www.marketresearchengine.com/reportdetails/steam-autoclave-market-report

M Health Care, STERIS plc, Getinge Group, and Johnson & Johnson are the most active players in the steam autoclave market.

This report covers the steam autoclave market, in terms of value, and forecasts the market size till 2024. In addition, the report identifies key growth segments and opportunities in the industry. This report also covers detailed competitive outlook including the share and company profiles of the key players in the global steam autoclave market. Company profile includes company summary, financial summary, business strategy and planning, SWOT analysis, and current developments.

The deep-dive study on the steam autoclave market will help customers with identifications of new market opportunities and targeted promotional plans.

 

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Source: http://www.financeswire.com/global-steam-autoclave-market-to-reach-us-2-5-billion-by-2024

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