Having a Hospital Sterilizer in your clinic or hospital will help you to reduce the risk of infections. You can find a number of different types of sterilizers on the market. Some of these are low-temperature sterilizers and Ethylene oxide-based sterilizers. Some of these are also equipped with stringent regulatory standards.
What is the Market growth of Ethylene oxide Sterilizer in the Middle East?
Increasing healthcare expenditure, growing awareness related to infections, and growing aging population are the main drivers for the market growth. Additionally, increasing surgical procedures and chronic diseases are also expected to boost Ethylene oxide Sterilizer market growth.
The Middle East hospital sterilizer market is expected to grow at a healthy CAGR over the next few years. This is primarily due to the stringent regulations that are imposed on hospitals. Besides, rising demand for better technologies is expected to boost trade.
The Middle East Ethylene Oxide hospital sterilizer market is dominated by a number of global players. The Middle East medical tourism industry is also expected to drive trade. However, the market may be challenged by new entrants in the future.
The hospital segment is expected to remain the dominant market in the forecast period. Rising prevalence of chronic diseases and surgeries is expected to boost the demand for terminal sterilization. Additionally, the Ethylene oxide Sterilizer market is expected to be driven by the increasing number of HAIs.
Why Low-temperature sterilization Market is Growing?
Several factors are expected to drive the growth of the low temperature sterilization in the Middle-East market. These include increasing number of hospital admissions, increasing healthcare expenditure, and rising incidences of hospital-acquired infections. Increasing incidences of chronic disease are also expected to boost the market.
Hospital segment is expected to hold the largest share of the end-user market. This is driven by the rising number of hospital admissions, geriatric patient population, and increasing incidences of chronic diseases. In addition, increasing awareness about good hygiene and healthcare expenditure are also expected to drive the market.
Terminal sterilization services are also expected to be a major contributor to the market. Increased incidences of hospital-acquired infections and the need to sterilize complex substances are expected to drive the market. The rising prevalence of chronic disease and increasing surgical procedures are also expected to boost the market.
The Middle East and Africa sterilization equipment market is expected to grow at a rapid pace. This is attributed to the rise in number of small and medium medical facilities in the region. Furthermore, there is a growing demand for reusable medical equipment and the need for sterilization equipment.
Driving Factors of Hospital Sterilizer Middle East Market
Several players in the sterilization equipment market have made efforts to develop innovative products with advanced features. This has led to a growing number of applications for sterilization equipment. These products are expected to help the category flourish in the future.
The rising prevalence of hospital-acquired infections is a major factor driving the Middle East market. In addition, the increasing awareness about hygiene and the need to maintain sterility in medical facilities are factors accelerating the demand for sterilization equipment.
The rise in the number of hospital admissions has also contributed to the growth of the sterilization services market of Middle East. The market is expected to witness a steady growth over the next few years. This is mainly due to the increase in the number of surgeries and research and development procedures.
The Bottom Line
The global hospital sterilizer market is expected to grow at a CAGR of 8.69% from 2022 to 2027. The market is projected to reach USD 3.8 billion by 2027. Increasing health care expenditure, technological advancements, and improved healthcare infrastructure in the region are some of the factors that drive the market.
Asia-Pacific is projected to hold a significant share of the hospital sterilizer market. This market is driven by the increasing government investments in China and India. In addition, increasing research and development in Japan and South Korea contributes to the growth of the market.