Today: 5 January 2025
15 August 2023
1 min read

India’s sterilisation equipment mkt to reach $170 mn in 2033

Amid the Covid-19 pandemic, India’s sterilisation market witnessed a remarkable transformation…reports Asian Lite News

The sterilisation equipment market in India is expected to reach $170 million in 2033, according to a report on Monday.

Amid the Covid-19 pandemic, India’s sterilisation market witnessed a remarkable transformation, where sterilisation devices emerged as unwavering defenders of healthcare, safeguarding countless lives.

The report by GlobalData, a leading data, and analytics company showed that the demand for sterilisation methods continues to increase owing to the growing awareness of disinfection and sterilisation among healthcare personnel and the general population.

It further revealed that autoclaves are the major revenue contributors within the physical sterilisers market, accounting for around 35 per cent of the total sterilisation equipment market in 2023 in India, owing to their effectiveness and reliability.

“The increasing emphasis on the exploration and adoption of advanced sterilisation methods is gaining momentum, reshaping the sterilisation processes across the diverse industries, particularly in healthcare. These advancements are making it possible to sterilise a wider range of items, including delicate medical devices and heat-sensitive materials,” said Jyoti Sharma, Medical Devices Analyst at GlobalData, in a statement.

As the demand for advanced sterilisation technologies continues to grow, it is likely to expect more innovations in this space in future.

“The Covid-19 pandemic has transformed India’s approach to infection control. Medical practitioners are now prioritising safety measures more than ever before. The continuously evolving healthcare infrastructure, mounting requirements for medical devices, and rising emphasis on hygiene have rendered India an attractive destination for companies planning to invest in the sterilisation equipment market,” Sharma said.

ALSO READ: Shutterfly shuts down facility, lays off 246 employees
Previous Story

Foxconn plans industrial parks in India

Next Story

OpenAI faces bankruptcy risk

Latest from Economy

India Joins Top 3 in Aviation Boom  

Unveiling the Centenary Celebrations Logo of Kolkata’s Netaji Subhas Chandra Bose International Airport, the minister said this marks a momentous milestone in Indian aviation history…reports Asian Lite News   Civil Aviation Minister

RBI’s New Game Plan 

The move is aimed at attracting more foreign capital at a time when the Indian rupee has come under pressure as foreign investors have been pulling money out of the Indian stock

Indian Fintech Sees Job Boom 

Continued job growth is anticipated throughout 2024, propelled by digital transformation, changing regulatory landscapes, and initiatives aimed at enhancing financial inclusion…reports Asian Lite News Job opportunities are expected to rise by 7.5

Hyundai Announces Price Hike 

The price increase will be done across models, and the extent of increase will be up to Rs 25,000….reports Asian Lite News Hyundai Motor India Limited (HMIL) on Thursday announced to increase
Go toTop

Don't Miss

Jadeja Brilliance Lifts CSK to Victory

Jadeja’s spell turned the game on its head, while Simarjeet

Lam Research’s Expansion Plans in India

Lam Research Corporation pledged nearly Rs 241 crore in software