Sterilization Technology Market estimation future growth emerging trends sales statistics and industry outlook
Sterilization Technology Market Overview Market Research Future (MRFR) confirms that the global sterilization technology market is slated to surge at 8.20% CAGR during the forecast period (2018–2023). Sterilization technologies comprises processes such as gamma radiation, ionizing radiation, thermal sterilization, and many others. The boost in sterilization technology market can be credited to the increasing prevalence of healthcare-associated infections (HAIs), high demand for less invasive surgical procedures, expanding demand for sterilized pharmaceutical products, and burgeoning aging population. Moreover, escalating demand for minimally invasive procedures and growing number of surgeries have been observed globally, which bolster the market growth. Accompanying the drivers is a restraining factor such as the high cost of sterilization equipment that can curtail the market growth. However, increasing number of healthcare facilities and hospitals across the globe will ...