The global sterilization pouches market size is projected to reach USD 44.61 billion by 2027, exhibiting a CAGR of 5.51% during the forecast period. Spread of infections through contaminated medical devices is set to spike the demand for sterilization containers, shares Fortune Business Insights(TM) in its report, titled "Sterilization Pouches Market Size, Share & Industry Analysis, By Type (Sterilization Pouches {Paper Pouches, Plastic Pouches}, Sterilization Wrapping, Sterilization Containers and Others), By Application (Hospitals, CSSDs, Clinics & and Others) and Regional Forecast, 2020-2027".
Medical devices are indispensible items in any healthcare facility, being employed in various kinds of health procedures. These devices need to be stored in sterile environments to prevent them from getting contaminated. However, medical equipment is one of the primary causes of spread of healthcare-associated infections. According a 2018 study of the Centers for Disease Control and Prevention (CDC), temporary medical devices such as urinary catheters were a frequent cause of spread of infections in healthcare facilities in the US between 2015 and 2017. Sterilization pouches are, therefore, crucial in maintaining the sterility standards of the devices used for healthcare purposes, which is the primary factor driving the market growth.
Market Restraint
Increasing Generation of Plastic Waste by Medical Facilities to Stem Market Growth
Medical facilities generate enormous amounts of plastic waste, since majority of instruments and equipment used in these facilities contain plastics. According to the US Healthcare Plastics Recycling Council, 40% (approximately 5 million pounds) of plastic waste generated in US hospitals is from sterilization pouches and wraps. As a result, there is growing clamor for the use of reusable and recyclable plastic sterilization products in hospitals. Surveys conducted by Practice Greenhealth, a non-profit organization dedicated to make hospitals more sustainable, found that hospitals that had replaced sing-use plastic devices with reusable ones have experienced a significant decline in waste generation. Greenhealth also opines that reusable medical products can also reduce costs by a sizeable margin for healthcare facilities.
Regional Insights
Consistent Access to Quality Healthcare to Ensure Stable Product Demand in North America
In 2019, the market size in North America stood at USD 9,534.68 million and the region is expected to dominate the sterilization pouches market share in the forthcoming years. The main reason for this is the assured access to standard healthcare services and products to populations across the region. Moreover, per capita healthcare expenditure in Europe is also considerably high compared to other countries, which is further fueling the growth of the regional market.
The market in Europe is anticipated to showcase promising growth owing to active adoption of advanced sterilization solutions in healthcare facilities in Western Europe. In Asia Pacific, healthcare expenditure is steadily rising, especially in India and China, which augurs well for the global market.
Source:
https://www.fortunebusinessinsights.com/sterilization-pouches-market-103282
The global sterilization pouches market size is projected to reach USD 44.61 billion by 2027, exhibiting a CAGR of 5.51% during the forecast period.
Spread of infections through contaminated medical devices is set to spike the demand for sterilization containers, shares Fortune Business Insights™ in its report, titled “Sterilization Pouches Market Size, Share & Industry Analysis, By Type (Sterilization Pouches {Paper Pouches, Plastic Pouches}, Sterilization Wrapping, Sterilization Containers and Others), By Application (Hospitals, CSSDs, Clinics & and Others) and Regional Forecast, 2020-2027”.
Even though companies in the health sector are expected to largely benefit from the pandemic, supply chain disruptions and economic downturn are anticipated to deflate these expectations.
To counter these challenges, Fortune Business Insights™ aims at providing critical market intelligence, based on our expertise and experience, to aid your business tide over the current crisis.We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics.
According a 2018 study of the Centers for Disease Control and Prevention (CDC), temporary medical devices such as urinary catheters were a frequent cause of spread of infections in healthcare facilities in the US between 2015 and 2017.
The other highlights include:Actionable insights into the upcoming business and investment opportunities in the market;Comprehensive analysis of the central market trends, drivers, and restraints;In-depth study of all market segments; andCareful examination of the regional prospects and competitive milieu of the market.
Market Slingshot:The global Water Flosser Market was worth US$ 806.52 million in 2018 and is anticipated to reach US$ 1.11 billion by the completion of 2025.
It is expected to witness a CAGR of 4.7% between 2019 and 2025.The functionalities of a water flosser include effectively cleaning dental implants, bridges, veneers, and crowns.
Besides, increasing issues relating to oral health are expected to bolster the market.Get Exclusive Free Sample Copy Of This Report @ https://www.millioninsights.com/industry-reports/water-flosser-market/request-sampleMarket Scope:As per CDC (Centers for Disease Control and prevention), over 90% adults faced cavity issues as of 2016.
It’s a known fact that diabetes, in the long run, results in periodontal diseases.
The same CDC says that in 2016 84.6% of the entire population of the U.S. between age 2 and 17 had paid a visit to dentists.Restraints:Certain consumers still prefer water picks in place of flossing as the former one does make sure to reach every area of mouth, refrains from gum sensitivity, and avoids even the slightest of bleeding.
These factors are likely to act as restraints to the water flosser market.Regional Insights:North America holds the largest market share due to awareness about oral hygiene in place.
Market Slingshot:The global Water Flosser Market was worth US$ 806.52 million in 2018 and is anticipated to reach US$ 1.11 billion by the completion of 2025.
It is expected to witness a CAGR of 4.7% between 2019 and 2025.The functionalities of a water flosser include effectively cleaning dental implants, bridges, veneers, and crowns.
Besides, increasing issues relating to oral health are expected to bolster the market.The report “Water Flosser Market Size & Forecast Report, 2015 - 2025” is available now at https://www.millioninsights.com/industry-reports/water-flosser-marketMarket Scope:As per CDC (Centers for Disease Control and prevention), over 90% adults faced cavity issues as of 2016.
Water flosser is an effective means to prevent these issues.
It’s a known fact that diabetes, in the long run, results in periodontal diseases.
The same CDC says that in 2016 84.6% of the entire population of the U.S. between age 2 and 17 had paid a visit to dentists.Restraints:Certain consumers still prefer water picks in place of flossing as the former one does make sure to reach every area of mouth, refrains from gum sensitivity, and avoids even the slightest of bleeding.
Research Nester released a report titled “Global Micro-Hospitals Market: Global Demand Analysis & Opportunity Outlook 2029” which delivers detailed overview of the global micro-hospitals market in terms of market segmentation by location, by area of occupation, by end-user and region.Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market.The global micro-hospitals market is projected to grow with a moderate CAGR during the forecast period, i.e., 2021-2029 as it requires less time for construction and low investment, which is also acting as a major advantage for the growth of the market.
In addition, due to the large influx of patients, some large-scale hospitals may not be able to provide high-quality facilities, which are expected to fuel the growth of the global micro-hospitals market.
Moreover, micro-hospitals require similar licensing and have to follow the same rules and regulations, which make them eligible for medical reimbursement.
Thus, further expansion in others states is expected to propel the growth of the micro-hospitals market.Download Sample of This Strategic Report: https://www.researchnester.com/sample-request-3018On the basis of location, the market is segmented into tier 1 cities, tier 2 cities, and tier 3 cities.
However, micro-hospitals are also expanding their revenue in tier 3 cities so that every region can get high health care facilities.On the basis of area occupation market is segmented into 15,000–40,000 sq.
Furthermore, in 2021, the market in North America is evaluated to occupy the largest share in terms of revenue due increase in per capita expenditure on healthcare and increasing investments of the government and non-government organization in the field of healthcare sector.
An Anesthesia device gives a precise and constant inventory of clinical gases blended in with an exact grouping of sedative fume.
Anesthesia gives effortless execution of operations that could serve deplorable agony to an anesthetized patient.
While respiratory devices are utilized to give medicine or to comfort patients who experience issues in breathing and can't gain adequate degrees of oxygen to keep up with life.
Respiratory devices lead the market as contrasted and Anesthesia devices as Anesthesia devices have restricted end-client.
Moreover, an increment in the maturing populace who experience the ill effects of asthma, pneumonic illness, and ongoing obstructive aspiratory infection are relied upon to support the Anesthesia and respiratory devices market.
As indicated by world maturing populace reports in the U.S. somewhere in the range of 2015 and 2030, the quantity of individuals on the planet matured 60 years or over is projected to develop by 56%, from 901 million to 1.4 billion, and by 2050, the worldwide populace of more seasoned people is projected to dramatically increase its size in 2015, arriving at almost 2.1 billion.
