Sterilization pouches market has expected to grow at a significant CAGR as demand of the one of the major ultimate end use market (healthcare industry) is anticipated to grow over the forecast period
Albany, NY -- (SBWIRE) -- 11/25/2016 -- The robust growth of the healthcare industry will drive the global market for sterilization pouches, finds Transparency Market Research in a new report. It has also been observed that growing awareness among end users about the harmful effects of bacteria will further drive the market during the forecast period of 2016 to 2024. The report is titled "Sterilization Pouches Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016–2024."
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Sterilization pouches are well designed to provide effective sterilization, safe handling, and storage of all types of medical devices and instruments until they are to be used for their respective purposes. Sterilization pouches are available in various sizes and shapes with specific properties such as heat-sealing and self-sealing to meet the needs of healthcare and other industries. The report observes that the demand for high density polyethylene (HDPE) sterilization pouches is rising because they are extremely stable when exposed to sterilant gases and high energy sterilization processes. Superior tear strength as well as puncture resistance are other properties that are further driving the global market.
Conversely, the report examines that the price of sterilization pouches is comparatively higher than conventional medical grade papers. This factor is expected to curtail the growth of the market for sterilization pouches.
The report segments the global market for sterilization pouches by product type, sterilization method, usability type, application, and geography. By product type, the market has been segmented into self, heat, paper and tyvek, and multiple inner pouches. By method, the global market for sterilization pouches has been segmented into steam and ethylene oxide sterilization (ETO). By usability type, the market is divided into disposable and reusable. By application, the report segments the global market for sterilization pouches into agriculture, food and beverages, healthcare, FMCG, and veterinary. Geographically, the report studies the regional markets of North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa (MEA). The report observes that North America serves as the dominant market for sterilization pouches in terms of demand and will continue to be the leading market through 2024. However, Europe and Asia Pacific are also growing at a decent growth rate. MEA has been evaluated to be at a nascent stage and is expected to register a healthy growth rate during the forecast period.
Some of the key players in the global market for sterilization pouches are Getinge Group, Johnson & Johnson, 3M Company, Cardinal Health, Steris Corporation, Synergy Health, Ampac Holdings, Certol International, Crosstex, and Derma Sciences.
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