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In June 2018, Case Medical, one of the prominent players in the sterilization containers market received FDA approval for its sterilite container. Sterilization process plays a crucial role in healthcare as it eliminates the presence of any foreign particles such as blood & pus, ensuring patient safety.
Sterilization Containers are used in packaging, storage, and transportation of medical equipment. Sterilization containers provide excellent protection in preventing instrument damage, leading to a reduction in the cost of repair and maintenance. The increasing prevalence of hospital-associated infections is further expected to boost the growth of the global sterilization containers market during the forecast period.
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Sterilization Containers are expected to observe substantial adoption due to certain advantages offered by the products such as the rigid structure of the container, which can be a strong barrier against bacterial contamination. Apart from this, better ergonomics, and a growing emphasis of government organizations on reduction of medical wastes and hospital-associated infections are some of the factors expected to boost sterilization containers market during the forecast period. Combined with this, the increasing incidence of microbial infections in healthcare settings is also expected to boost the demand for global sterilization containers market during the forecast period.
The requirement of additional labor time for cleaning containers and higher cost of the products in comparison with substitute products are factors expected to deter the growth of the global sterilization containers market.
Key players operating in the global sterilization containers market are SYMMETRY SURGICAL INC., Medline Industries, Inc., NN Inc., Jewel Precision, AYGUN CO. INC., BD, Case Medical, B. Braun Melsungen AG, KLS Martin Group, Ermis Medizintechnik eK, Karl Hammacher GmbH, HUPFER Metallwerke GmbH & Co. KG, Mediflex Surgical Products, SHARPLINE, Johnson & Johnson Services, Inc. amongst others.
· Stainless Steel
By End User
· Ambulatory Surgery Centres
· North America (USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Among the material types, stainless steel is projected to register comparatively higher CAGR during the forecast period, since it offers better ergonomics.
North America is expected to dominate the global sterilization containers market, owing to the increasing emphasis on sterilization of products, medical devices, and other healthcare equipment. Combined with this, rapidly growing surgical procedures is prominently expected to boost the demand for sterilization containers in the North America market during the forecast period. Asia Pacific region is projected to register higher growth of global sterilization containers market owing to the increasing number of hospitals and rising importance for the implementation of patient safety regulations during the forecast period. According to a survey conducted by the National Health and Family Planning Commission, a number of hospitals in China grew by an estimated 200.0% during the period of 2011-2017. This is further expected to augment the demand for sterilization containers in the Asia Pacific during 2018-2025.
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