About Hydrogen Peroxide Sterilizers
Hydrogen peroxide is a common antimicrobial agent. It is used as a preservative, disinfectant, and sterilizer in both liquid and gas form. Its benefits include potent and broad-spectrum antimicrobial activity, ease of use, and safety profile when compared to other microbiocides. H2O2 vapor fills the sterilizer chamber, contacting and sterilizing exposed device surfaces, in a hydrogen peroxide sterilization process. Following the completion of the sterilization cycle, the vapor is vacuumed from the chamber and converted to water and oxygen.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
To entice more end users, market players are focusing on providing Hydrogen Peroxide Sterilizers of higher quality while adhering to all regulatory standards. In the global Hydrogen Peroxide Sterilizers market, there are numerous large and small-scale service providers. They are also concentrating on the implementation of numerous advanced technologies. Furthermore, the numerous industry profits have led to the entry of new players, raising the level of rivalry in an already competitive market. The Hydrogen Peroxide Sterilizers market is currently expanding due to the rapid advancement of technology and the growing medical infrastructure. Some of the key players in this market follow strategies, which include new product offerings, product approvals, partnerships and alliances, mergers and acquisitions, and business expansions. Analyst at AMA Research estimates that Europe Players will contribute the maximum growth to Global Hydrogen Peroxide Sterilizers market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Steris Corporation (United States), 3M Company (Finland), Getinge AB (Japan), MMM Group States), Belimed AG (Germany), Matachana (Germany), Sotera Health (United States), Cardinal Health (Germany), Advanced Sterilization (Belgium) and Cantel Medical (Netherlands) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Hydrogen Peroxide Sterilizers market by Type (3% Solution, 7.5% Solution and Others), Application (Hospital, Industrial Use, Public Places and Others) and Region.
On the basis of geography, the market of Hydrogen Peroxide Sterilizers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Growing applications in the food industry have been contributing to market growth.
Market Growth Drivers:
The growing healthcare industry has been driving the market growth.
Challenges:
Rising counterfeit products will hinder market growth.
Restraints:
Needs to be stored in proper environmental conditions.
Opportunities:
Growing advancements in the healthcare industry and technological advancement will generate many opportunities in the future.
Market Leaders and their expansionary development strategies
January 2022, Evoqua Water Technologies, an industry leader in mission-critical water treatment solutions, today announced the closing of the previously announced acquisition of the renal business historically operated by Mar Cor Purification and Cantel Medical, subsidiaries of STERIS Plc
September 2021, STERIS has launched the next generation of integrated Vaporized Hydrogen Peroxide (VHP) bio-decontamination systems for Customers wanting to achieve up to a 6-log bioburden reduction in GMP pharmaceutical, medical device, and research environments. The new VHP 100i and 1000i are designed to be integrated into a facility’s building automation and HVAC systems and can run a decontamination cycle at programmed intervals or at the push of a button. This allows for easy and frequent decontamination of rooms, isolators, filling lines, RABs, pass-through chambers, and more.
Sec. 178.1005 Hydrogen peroxide solution. and Hydrogen peroxide solution identified in this section may be safely used to sterilize polymeric food-contact surfaces identified in paragraph (e)(1) of this section.
Key Target Audience
Health care, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.