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    Low Temperature Sterilization Market Report

    Low Temperature Sterilization Market Report
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    Global Low Temperature Sterilization Market, Dynamics, and Market Analysis
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    Market Insights

    The Global Low Temperature Sterilization Market is expected to grow from USD 1.6 billion in 2020 to USD 2.7 billion by 2026 at a CAGR of over 9.6% during the forecast period.

    Figure: Global Low Temperature Sterilization Market Size, 2020-2026 (USD Billion)

    Low-Temperature-Sterilization-Market-Forecast

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    What is Low temperature sterilization?

    Low-temperature sterilization is the most widely used technology to sterilize moisture intolerant or heat-sensitive surgical equipment. Sterilization is a process in which all the microorganisms including bacteria and spores are killed. Some of the commonly used low-temperature sterilization methods include ethylene oxide, hydrogen peroxide gas plasma, and ozone.

    Key Players

    Key players operating in the global Low Temperature Sterilization Market are-

    • 3M (The U.S),
    • Gentinge AB (Sweden),
    • Johnson & Johnson (The U.S),
    • Steris Corporation (The U.S),
    • Belimed AG (Switzerland),
    • TSO3 INC. (Canada), Becton,
    • Dickinson and Company (The U.S),
    • Sterigenics LLC (The U.S.),
    • Cantel, Medical Corporation (The U.S),
    • E-BEAM Services, Inc. (The U.S), and
    • Fortive (The U.S).

    Market Dynamics

    The growth of the global low-temperature sterilization market is primarily driven by the increasing incidence of hospital-acquired infections in patients specifically the ones that are receiving long-term treatment.

    • The growing preference for low-temperature sterilization techniques over steam to sterilize heat-sensitive surgical equipment and supplies is expected to propel the market growth at a significant rate.
    • Additionally, the increasing prevalence of chronic diseases such as cancer and diabetes and rising safety & hygiene consciousness among consumers is likely to add to the market growth.

    Segment Analysis

    Method Trends

    Based on the method, the market has been segmented into ethylene oxide, hydrogen peroxide gas plasma, ozone, and others.

    • The ethylene oxide segment accounted for the largest market share in 2020 and is projected to grow at the fastest CAGR during the review period.
    • The segment growth can be attributed to its widespread use in sterilizing both moisture-sensitive devices and heat-sensitive devices.

    Regional Trends

    Geographically, the market in North America accounted for the largest market share in 2020.

    • The regional market growth can be attributed to increasing incidences of hospital-acquired infections due to the prevalence of a large number of people having chronic diseases.
    • Additionally, increasing regulatory policies regarding providing safe and improved healthcare services to patients is likely to drive regional market growth.
    • The market in Asia-Pacific is expected to register the fastest growth during the review period on account of rising consumer awareness regarding hygiene and cleanliness & related infectious diseases.

    COVID-19 Impact on Global Low Temperature Sterilization Market

    Covid-19 outbreak impacted the growth of the low-temperature sterilization market positively. The emphasis on maintaining proper hygiene and cleanliness in the hospitals increased due to fear of coronavirus infections and thus, propelled the market growth. Additionally, a low-temperature sterilization technique was used to sterilize the respirators and other devices in the hospitals.

    Critical Questions Answered in the Report

    • What are the key trends in the global low temperature sterilization market?
    • How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in next five years?
    • What is the impact of COVID-19 on global low temperature sterilization market?
    • What are the key strategies adopted by the major vendors to lead in the global low temperature sterilization market?
    • What is the market share of the top vendors?

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    Target Audience

    Here is the list of the group of customers that the Global low temperature sterilization market hopes to have the greatest opportunity to convert-

    • Low temperature sterilization manufacturers
    • Low temperature sterilization suppliers
    • Low temperature sterilization distributors
    • Organizations
    • Government bodies

    Custom Research: Stratview research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].

    Frequently Asked Questions (FAQs)

    The low temperature sterilization market size is expected to reach USD 2.7 billion in the foreseeable future.

    3M (The U.S), Gentinge AB (Sweden), Johnson & Johnson (The U.S), Steris Corporation (The U.S), Belimed AG (Switzerland), TSO3 INC. (Canada), Becton, Dickinson and Company (The U.S), Sterigenics LLC (The U.S.), Cantel, Medical Corporation (The U.S), E-BEAM Services, Inc. (The U.S) and Fortive (The U.S) are among the key players in the low temperature sterilization market.

    The low temperature sterilization market is expected to grow at an impressive CAGR of 9.6% in the coming years.

    North America accounted for the largest share of low temperature sterilization market in 2020.

    Asia-pacific is expected to register the fastest growth in the low temperature sterilization market during the forecast period.

    The ethylene oxide segment is expected to grow at the fastest CAGR in the low temperature sterilization market in the coming years.

    Low temperature sterilization manufacturers, Low temperature sterilization suppliers, Low temperature sterilization distributors, Organizations, Government bodies are the target audience in the low temperature sterilization market.

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