Ethylene Oxide is a very efficient sterilizing agent as well as a bactericide, sporicide, and viricide. Its properties include a very favourable diffusion coefficient and are used for thermosensitive or very delicate materials. The ETO processing is widely used for the sterilization of health care devices and instruments. This process involves exposure to ethylene oxide gas under a vacuum in a sealed chamber to ensure that a safe and sterile product is delivered to the market every time.
Key factors driving the ETO Sterilizer market globally
Sterilization Equipment usage is classified based on the end-user where major users are reported to be hospitals, pharmaceutical companies, and medical device companies. The use entails the destroying of all forms of microbial life and transmissible agents. The driving factors of sterilization services are increasing due to the prevalence of healthcare-associated infections and the increasing number of surgical procedures worldwide. Also, the development opportunities in emerging countries have a positive effect on the growth of the market in the forecast years. Technological advancement in recent years is projected to increase the demand even further. The indirect demand for the ETO Sterilisation is also increasing because rising cases of chronic illness, elderly population, and pediatric care are the main factors leading to an increased demand for advanced health care facilities.
The geographical region dominating the use of ETO sterilizers is segmented into North America, Europe, Asia Pacific Latin America, the Middle East, and Africa. These geographical areas have focused majorly on lifestyle betterment and export to these countries hold a major share in the Indian markets. They are appreciated for dimensional accuracy, leak-proof behavior, chemical, and heat resistant features.
Trends challenges and barriers that will impact the development and sizing of the Global ETO market– High installation and utility costs associated with sterilization technologies along with an increase in regulatory pressures especially in the pandemic has been a challenge in the growth of this market but continuous advancements, ideas, and Research and development activities have helped overcome the hurdles in Indian Market. The global increase in economic growth rate is expected to increase government support for Sterility Medical Device to prevent infections worldwide.
Market Overview– The Global Sterilisation Market was valued at $ 5768 million in 2015 and researchers expect it to reach $ 8578 million by 2022 growing at a CAGR of 5.8% from 2016 to 2022. In India, Ethylene Oxide gas sterilizer demand is anticipated to achieve a healthy CAGR of 6.8% by the year 2025 while the demand in 2019 stood at 1615 thousand tonnes. The usage of reprocessed equipment to sterilize medical devices across the globe is expected to rise during the pandemic and afterward since improper decontamination of surgical instruments, endoscopic devices, and respiratory devices can increase the chances of Covid 19 or the new variants. End users like hospitals and medical device companies are increasingly adopting sterilization services throughout their production lines due to mandates introduced by government and regulatory bodies to maintain compliance with good manufacturing practices( GMP). With an increasing focus on personal hygiene, face masks and gloves, and single-use products are further expected to drive the growth of sterilization in coming years. Based on the method, the sterilization markets have been categorized into ETO, gamma sterilization, e –beam radiation sterilization, steam sterilization, and x-ray sterilization. However, the ETO sterilization segment has accounted for the largest share of sterilization services in 2020 in the world( based on the study of globnewswire.com).
The state-of-the-art equipment technology with unmatched features and exemplary customer support has helped to improvise and introduce innovative designs that can cater to the global markets.