Bharat Book Bureau Provides the Trending Market Research Report on “Europe Sterilization Equipment Market 2019-2028” under Life Sciences Category. The report offers a collection of superior market research, market analysis, competitive intelligence and Market reports.
MARKET OUTLOOK
The European Sterilization Equipment Market it is estimated that the market will develop at a compound annual growth rate of 7.86% during the considered period 2019-2028. France, Germany, the United Kingdom, Italy, Spain, Russia, and Rest of Europe form the region's market.In France, the rising rate of hospital-acquired infections, paired with more extended hospital stays, are motivating the sterilization equipment market to a large extent. According to the European Centre for Disease Prevention and Control, the overall incidence of surgical site infection (SSI) increased significantly over the total operations conducted in the country. Additionally, the COVID-19 outbreak has heavily impacted the country, observing a rapid increase in the cases.
This has further created a massive demand for proper and timely sterilization of healthcare facilities and medical equipment. Even the government has taken measures to control and eliminate microbial growth, advancing the need for various sterilization equipment. Thus, the sterilization equipment market is anticipated to observe considerable development in France due to these factors.
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On the other hand, the high prevalence of chronic diseases, extended hospital stays, and rising geriatric population, are motivating the growth of the studied market in Spain. The country has witnessed a limited number of nurses in hospitals dedicated to infection control and prevention. This further suggests the need to address the problems relating to hospital-acquired infection as trained professionals are an essential part of dealing with such situations. In such a scenario, the rising incidence of hospital-acquired infections is enhancing the demand for sterilization equipment, thereby propelling the growth of Spain's sterilization equipment market.
COMPETITIVE OUTLOOK
Some of the established multinationals in this market include 3M Company, Systec GmbH, MMM Group, Cantel Medical, Stryker Corporation, Belimed AG, and Sotera Health.
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