ALBANY, N.Y.--(BUSINESS WIRE)--A new research study has been published by Transparency Market Research (TMR), based on the market for sterilizers and surgical, dental care, and equipment disinfectors in India, estimating the market to achieve a value of US$ 218.45 million by 2020, expanding at a CAGR of 8.2% during the period from 2014 to 2020.
According to the research report, titled “Sterilizers and Surgical, Dental Care and Equipment Disinfectors Market (By Chemical Formulations, By Applications, By End-users & By Surgery Stages) India Industry Analysis, Size, Share, Growth, Trends and Forecast 2014-2020”, the sterilizers and surgical, dental care, and equipment disinfectors market in India stood at US$126 million in 2013.
The report performs an in-depth analysis on the various segments of the sterilizers and surgical, dental care and equipment disinfectors market in India and discusses the growth drivers and restraints acting on this market. The increasing prevalence of hospital acquired infections (HAIs) in India is likely to fuel the growth of this market. In addition, the rising number of hospitals and accompanying enhancement in the medical and healthcare infrastructure in India is projected to trigger the demand for disinfectors and sterilizers.
On the other hand, the changing trend among patients and medical professionals favoring the usage of disposable medical devices and medical negligence towards the measures applied for sterilization are expected to hamper the market growth to a great extent.
Major participants of the sterilizers and surgical, dental care and equipment disinfectors market in India profiled in this study are 3M, Antrix Hygiene Ltd., LLC, Raman & Weil Pvt. Ltd., Reckitt Benckiser Group plc, Ranbaxy Laboratories Ltd., Sanosil Biotech Pvt. Ltd., UPS Hygienes Pvt. Ltd., and Zep Superior Solutions.
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Transparency Market Research (TMR) is a U.S. based market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.