Sterilization is the method of abolishing all microorganisms and their pathogenic products. The global sterilization services market is growing at significant rate, due to mounting emphasis on outsourcing of sterilization processes among medical device manufacturers and escalating occurrence of hospital-acquired infections. Different types of sterilization services contributed to the sterilization services market size. The market is expected to witness high demand for contract sterilization services due to budding inclinations for contract sterilization by medical device.
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Development in the medical devices market, mounting need for e-beam sterilization, strict assessment of medical devices by FDA and mounting demand of services in developing countries are also facilitating the growth for the sterilization services market.
The injurious causes of ethylene oxide and sterilization of innovative medical instruments are the major challenges for the growth of sterilization services market.
Globally, the manufacturing companies trying to enter the sterilization services market are required to maintain stringent regulatory standards. Moreover, the high level of capital requirement also poses a major barrier for the entry of new players. This offers an edge to the established players in the industry competition.
Asia-Pacific is observed to witness fastest growth in the market, due to refined healthcare infrastructure. In addition, expending medical tourism, mounting occurrence of nosocomial infections, and expanding medical device and pharmaceutical industry are also creating a positive impact on the sterilization services market growth in the region.
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Key players in the sterilization services market are catering the demand of these devices by investing on technologically advanced products in their product portfolio across the globe. For instance, in April 2018 Cantel Medical Corporation received U.S. Food and Drug Administration 510 (k) clearance for ADVANTAGE PLUS Pass-Thru automated endoscope reprocessor in order to confirm the quality in infection inhibition by decreasing the threat of human error. Steris, Johnson & Johnson, E-Beam Services, Life Science Outsourcing, Cantel Medical Corporation, Beta-Gamma-Service, Medistri, Sterigenics International, Cretex Companies, Noxilizer and Stryker are the key players offering sterilization services.
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