For a long time, the cure for diabetes type 1 and type 2 has relied on agonizing insulin shots for patients or insulin infusion via mechanical pumps. Regarding this, experts have been creating artificial pancreatic beta cells with the he…
Ethylene oxide (also known as EO or EtO) processing is widely used for the sterilization of healthcare devices and instruments. The process involves exposing products to ethylene oxide gas under vacuum in a sealed chamber.
Scope of the Report:
This report studies the ETO Sterilization Equipment market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the ETO Sterilization Equipment market by product type and applications/end industries.
In the coming years there is an increasing demand for EO sterilization in the regions of ASEAN that is expected to drive the market for more advanced EO sterilization. Increasing of medical fields expenditures, more-intense competition, launches in introducing new products, increasing of spending on health industry, retrofitting and renovation of old technology, increasing adoption of EO sterilization will drive growth in Asia markets.
Although the market competition of EO sterilization is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of EO sterilization and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
The global ETO Sterilization Equipment market is valued at 43 million USD in 2017 and is expected to reach 52 million USD by the end of 2023, growing at a CAGR of 3.2% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of ETO Sterilization Equipment.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
- Aurum Medicare Pte Ltd
- Aurum Healthcare Sdn Bhd
- Siam Steri Services
- Sina Sterilgamma
- Microtrol Sterilization Services
- Contract Sterilization Services Pte Ltd
- Sterile Services Singapore
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Medical Consumable
- Medical Equipment
Market Segment by Applications, can be divided into
- Injection Molding
- Assembly Syringes and Needles
- Blister Packing
- Ethylene Oxide Sterilization