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”.
The COVID-19 outbreak has generated widespread economic and healthcare distress. 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. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.
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.
As per the report findings, the market value stood at USD 26.96 billion in 2019. 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; and
- Careful examination of the regional prospects and competitive milieu of the market.
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.
Competitive Landscape
Key Players to Focus on Optimizing Response to the COVID-19 Outbreak
The COVID-19 pandemic has forced companies in this market to leverage their expertise in optimizing their response to this unprecedented health crisis. With the usage of medical devices surging worldwide, the demand for sterilization pouches and similar products is also escalating, compelling players to augment production capacities to meet this demand.
Browse Summary of this Research Report with Detailed Table of Content:
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(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.
The global Nebulizer market size is projected to reach USD 1,778.8 million by 2027, exhibiting a CAGR of 8.1% during the forecast period.
Increasing prevalence of respiratory disorders around the world will be the prime growth propeller for this market, shares Fortune Business Insights™ in its new report, titled “Nebulizer Market Size, Share & COVID-19 Impact Analysis, By Type (Jet Nebulizer, Ultrasonic Nebulizer, and Mesh Nebulizer) By Modality (Portable, and Table-top) By End User (Hospitals, Clinics, and Homecare Settings), and Regional Forecast, 2020-2027”.The World Health Organization (WHO) states that respiratory diseases are the foremost cause of death and disability worldwide.
According to its estimates, chronic obstructive pulmonary disorder (COPD) afflicts around 65 million and kills 3 million people every year.
Similarly, pneumonia also kills millions of people annually and is the leading cause of mortality among children under 5 years of age.
Nebulizer play a key role in managing these chronic and potentially fatal lung disorders and as the incidence of these disorders grows, the demand for Nebulizer will continue to surge.Request a Sample Copy of the Research Report:https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/nebulizers-market-100707The report states that the market value was at USD 909.7 million in 2019.
Its other highlights include:Valuable insights into the key market drivers, trends, and restraints;Exhaustive analysis of the upcoming market opportunities;In-depth examination of the impact of the COVID-19 outbreak on the market; andComprehensive study of the regional prospects and competitive dynamics influencing the market.An Overview of the Impact of COVID-19 on this Market:The emergence of COVID-19 has brought the world to a standstill.
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.
The global tetanus toxoid vaccine market is expected to reach USD 7.16 Billion by 2028, according to a new report by Reports and Data.
This can mainly be contributed by the rise in number of reported cases of tetanus and diphtheria in the developing countries.
The low costs of the vaccine, as well as the increasing government initiatives towards technological improvements regarding immunization and vaccination, are also fuelling the growth of the market.Several vaccine combinations include the tetanus vaccine such as Diphtheria, Tetanus, and Pertussis (DTaP); Monovalent Tetanus Toxoid (TT); Tetanus, Diphtheria, And Pertussis (Tdap); Diphtheria and Tetanus (DT); and others.
DTaP and DT are used as a pediatric vaccine for children less than seven years old while Tdap and Td are given to those who are seven years old and above, where the lowercase, ‘d’ and ‘p’ denote the lower strengths of diphtheria and pertussis vaccines.The primary factors for the market growth are most active, less expensive and best-tolerated vaccines.
The acquisition of tetanus vaccination by the UNICEF, WHO and other government initiatives for the prevention and treatment of tetanus are expected to act as opportunities for the global market.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1287 The report provides a panoramic view of the market and insights that will help formulate better business decisions.
In addition to that, the study helps well-established companies and players gain a deeper understanding of the market and make informed decisions.
