North America is expected to lead the global low temperature sterilization equipment market owing to high prevalence of healthcare-associated infections
The growing prevalence of healthcare-associated infections around the globe is augmenting the growth of the low temperature sterilization equipment market. In American hospitals alone, the Centers for Disease Control (CDC) estimates that HAIs account for an estimated 1.7 million infections and 99,000 associated deaths each year. The growing focus of healthcare providers to improve the safety of patients as well as staff is again propelling the growth of the low-temperature sterilization equipment market. Growing global healthcare expenditure by the government to improve healthcare facilities and patient care is again augmenting the growth of the market.
The key players operating the global low-temperature sterilization equipment market include 3M Company, Steris Corporation, Belimed AG, Cantel Medical Corporation, Anderson products, Advanced Sterilization Products, Matachana Group, Sterigenics International, and MMM Group.
North America is expected to dominate the global low temperature sterilization equipment market and this is attributed to the high prevalence of healthcare-associated infections coupled with the increasing healthcare expenditure. According to the U.S. Centers for Medicare & Medicaid Services, the U.S. health care spending grew 4.6 percent in 2019, reaching $3.8 trillion or $11,582 per person. As a share of the nation’s Gross Domestic Product, health spending accounted for 17.7 percent
Low-temperature sterilization is the process where the temperature is lowered to kill bacteria and viruses in used or new equipment before use. Low temperature sterilization equipment can be used for a wide variety of purposes including shipping and storage, repair, and disposal of equipment and chemicals. The sterile products produced by these devices can be used for a variety of purposes such as in the medical field, food service, the dental field, the aerospace field, and so much more. There are numerous advantages to using low-temperature sterilization equipment including;
The main advantage of this type of equipment is that it produces high-quality sterile products that are resistant to cross-contamination. Low-temperature equipment also reduces the costs associated with disposing of contaminated materials as well as reducing training time associated with cleaning and sanitizing staff for sanitary purposes. These devices also have many advantages over other types of sterilization including; cost, availability, and ease of use
In April 2020, STERIS announced that the U.S. Food and Drug Administration (FDA) has issued an Emergency Use Authorization (EUA) for respirator decontamination. The EUA enables healthcare providers to decontaminate N95 Respirators on-site by utilizing certain STERIS V-PRO® Low-Temperature Sterilization Systems
In October 2019, Sterilucent, Inc. has announced that the company has received regulatory clearance to market the Sterilucent HC 80TT Vaporized Hydrogen Peroxide Sterilizer with Cycle Guardian technology in the United States
