This article analyzes the Latin America market for ETO sterilization pouches. It provides an overview of the region’s market, including growth potential and competitive analysis of the key players in the industry. Hospitals are the largest consumers of ETO sterilization pouches in Latin America. Hospitals are also the largest users of ethylene oxide sterilization equipment, which is the leading method of sterilization. Moreover, this article also discusses the major drivers of growth for this market.
Latin America
The global market for ETO sterilizer is anticipated to grow at a CAGR of nearly 22% by 2025. The report analyzes the market for this sterilizer type from several perspectives including the type, application, and regional analysis. It entails data such as sales, revenue, and distribution channels, and provides key insights and expert opinions. It also provides valuable information on competitive landscape, recent developments, and the size of the industry.
The COVID-19 pandemic has had a negative impact on the ETO sterilizer market, as well as indirect impacts from other industries. This market report examines how the pandemic has impacted the market, as well as its size and growth. The report also outlines key influences and barriers to entry. The report also includes a detailed analysis of the competitive landscape and the ETO sterilizer market.
Hospitals are the Largest Consumers of Ethylene Oxide (ETO) Sterilization Pouches
The Reusable Sterilization Pouches market is segmented by type, application, and geography. This report focuses on the market size and the regional and country-level market share of the global market. The report also includes key manufacturers in the market. Some of the companies included in this report include Amcor, Bemis, Mondi, 3M, Cantel Medical, Certol International, Wihuri, and others.
The number of healthcare-associated infections is growing at an astounding pace. According to the World Health Organization, approximately 1.7 million people get hospital-acquired infections each year. In the U.S. alone, the number of hospital-acquired infections (HAIs) grew by nearly 20% in 2014. This increase in patient volume is driving the demand for sterilization equipment. According to the Centers for Disease Control and Prevention (CDC), there were 687,000 HAIs in acute care hospitals in the U.S. in 2015.
These sterilization pouches are designed to contain single items while maintaining sterility. They combine medical grade paper and blue film for breathability and sterile barrier. Each pouch includes an external process indicator to help determine when the process is complete. These pouches are heat-sealed in North Carolina and feature a lot number identification system. Moreover, they are available in standard sizes and can be customized to fit irregular shaped instruments.
Growth Potential
The global demand for sterilization products has accelerated in recent years, particularly in countries such as the United States, China, and India. Rising healthcare expenditure and the number of temporary hospitals in the region are boosting sterilization services and equipment. Furthermore, the prevalence of infectious diseases such as COVID-19 has also increased the demand for these products. As a result, the demand for these devices is anticipated to grow at a rapid pace during the forecast period.
A comprehensive study of the ETO Sterilization Equipment industry has been published by Cognitive Market Research. The report comprises exhaustive secondary and primary research by a team of analysts located across the globe. The report covers all the key aspects of the ETO sterilization equipment industry, including the current market size, volume, and value. It also analyzes regional market dynamics to identify the key factors driving and constraining growth.
Competitive Analysis of Key Players in the Market
The growth of the sterilization equipment market in Latin America has been stunted by various factors such as the cost of the devices, the increasing demand for disposable surgical instruments and stringent regulations. In addition to these factors, chemical sterilizants used in the equipment are known to cause severe side effects and could cause skin and eye damage. However, the market for sterilization equipment in Latin America is expected to gain momentum in the near future due to factors such as the growing medical tourism in the region.