Pharmaceutical Sterilization Equipment Market: Dynamics
Pharmaceutical manufacturers are focusing on sterilization of pharmaceutical products to ensure safety and efficiency of products, which is a major factor expected to drive the growth of pharmaceutical sterilization equipment market. Other factors that are contributing to the growth of the pharmaceutical sterilization equipment market are strict government norms for pharmaceutical packaging & manufacturing and the introduction of the new methods for sterilization of pharmaceutical drugs.
New techniques such as low temperature and gamma and e-beam irradiation are been used, which spur the growth of the pharmaceutical sterilization equipment market. Increasing production of sterile drugs and injectable, increase patient compliance and pharmaceutical packaging regulation are positively propelling the growth of pharmaceutical sterilization equipment market.
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Pharmaceutical sterilization equipment can be basically separated as non-terminal and terminal equipment. Pharmaceutical sterilization equipment is basically based on terminal sterilization, which includes heat, radiation and chemical sterilization. Non-Terminal pharmaceutical sterilization equipment includes filtration procedures.
Pharmaceutical Sterilization Equipment Market: Regional Outlook
In terms of geography, pharmaceutical sterilization equipment market has been divided into eight regions including North America, Eastern Europe, Western Europe, and Asia Pacific excluding China & Japan (APECJ), Japan, China, Middle-East & Africa and Latin America.
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North America is the most dominating market for pharmaceutical sterilization equipment due to advancement in healthcare care technologies and adoption of new techniques. Western Europe is another fastest growing region followed after North America due to growing pharmaceutical manufacturing production facilities for sterile drugs. Developing regions such as APECJ provide the most promising market for pharmaceutical sterilization equipment market players due to increasing healthcare facilities in countries such as China and Australia & New Zealand.
Pharmaceutical Sterilization Equipment Market: Segmentation
By product type:
- Heat Sterilization Equipment
- Moist heat sterilizer
- Dry Heat Sterilizer
- Radiation Sterilization Equipment
- Filtration Sterilization Equipment
- Chemical Sterilization Equipment
By end user:
- Pharmaceutical Companies
- Clinical Laboratories
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Pharmaceutical Sterilization Equipment Market: Key Players
Examples of some key market participants in global pharmaceutical sterilization equipment market identified across the value chain are STERIS Corporation, Getinge Group, MMM Group, Steelco S.p.A, Tuttnauer, 3M Company, Belimed AG, MATACHANA GROUP, Sterigenics International LLC, Environmental Tectonics Corporation, Johnson & Johnson (Advanced Sterilization Products).
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