LONDON--(BUSINESS WIRE)--Aug 23, 2018-- analysts forecast the global sterilization monitoring market to grow at a CAGR of over 8% during the forecast period, according to their latest market research report.

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Technavio has published a new market research report on the global sterilization monitoring market from 2018-2022. (Graphic: Business Wire)

The advances in sterilization methods is one of the major trends being witnessed in the . Newer sterilization methods are emerging and increasingly adopted by end-users for sterilizing products. For instance, vapor-phase generators employing peracetic acid are available for the decontamination, disinfection, and sterilization of products such as isolators. The generation of ozone for sterilizing endoscopes is gaining popularity. Such advances in sterilization process are leading companies such as gke to offer sterilization monitoring products such as self-contained Bis and plasma indicators for the validation and routine monitoring of appropriate process devices, thereby impacting the market.

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According to Technavio analysts, one of the key factors contributing to the growth of the global sterilization monitoring market is the increasing prevalence of HAIs:

Global sterilization monitoring market: Increasing prevalence of HAIs

HAI or nosocomial infection is an infection acquired by patients due to the presence of toxins or infections existing in hospitals. Some of the common types of HAIs are UTIs, surgical site infections, gastroenteritis, meningitis, and pneumonia. Symptoms of such infections include discharge from a wound, fever, cough, shortness of breath, burning during urination, headache, nausea, vomiting, and diarrhea.

According to a senior analyst at Technavio for research on life science research tools, “Bacteria, fungi, and viruses are the major causes of HAIs. Some of the common bacteria responsible for HAIs are Staphylococcus aureus, E. coli, Enterococci, and Pseudomonas aeruginosa. The bacteria may be present in used or reusable patient care equipment, that needs to be cleaned and sterilized to prevent transfer of microorganisms. The prevalence of infections leads hospitals to sterilize equipment through different products such as steam sterilizers to destroy all microorganisms during patient care.”

Global sterilization monitoring market: Segmentation analysis

The global sterilization monitoring market research report provides market segmentation by product (biological indicators and chemical indicators), by end-user (hospitals and clinics, and research laboratories), and by region (the Americas, EMEA, and APAC). It provides an in-depth analysis of the prominent factors influencing the market, including drivers, opportunities, trends, and industry-specific challenges.

Of the two end-user segments, the hospitals and clinics segment held the largest market share in 2017, contributing to over 72% of the market. The growth in the segment is due to the improvement in healthcare infrastructure and the increase in healthcare expenditure.

The Americas held the largest share of the market in 2017, accounting for more than 40% share, which was due to the significant presence of vendors in the region.

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Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

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SOURCE: Technavio Research

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PUB: 08/23/2018 08:28 AM/DISC: 08/23/2018 08:28 AM