China Instrumentation Sterilization Containers Market Size & Outlook
China instrumentation sterilization containers market, 2018-2030 (US$M)
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China instrumentation sterilization containers market highlights
- The China instrumentation sterilization containers market generated a revenue of USD 15.7 million in 2023 and is expected to reach USD 26.7 million by 2030.
- The China market is expected to grow at a CAGR of 7.9% from 2024 to 2030.
- In terms of segment, sterilization containers was the largest revenue generating product in 2023.
- Accessories is the most lucrative product segment registering the fastest growth during the forecast period.
Instrumentation sterilization containers market data book summary
| Market revenue in 2023 | USD 15.7 million |
| Market revenue in 2030 | USD 26.7 million |
| Growth rate | 7.9% (CAGR from 2023 to 2030) |
| Largest segment | Sterilization containers |
| Fastest growing segment | Accessories |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Sterilization Containers, Accessories |
| Key market players worldwide | Aesculap, Medline Industries, Becton Dickinson & Co, DePuy Synthes, Integra LifeSciences, KLS Martin Group, Asel-Tech, Bahadir Medical Devices, MELAG medical technology, Case Medical |
Other key industry trends
- In terms of revenue, China accounted for 4.3% of the global instrumentation sterilization containers market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China instrumentation sterilization containers market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 26.7 million by 2030.
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Instrumentation Sterilization Containers Market Scope
Instrumentation Sterilization Containers Market Companies
| Name | Profile | # Employees | HQ | Website |
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China instrumentation sterilization containers market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to instrumentation sterilization containers market will help companies and investors design strategic landscapes.
Sterilization containers was the largest segment with a revenue share of 78.98% in 2023. Horizon Databook has segmented the China instrumentation sterilization containers market based on sterilization containers, accessories covering the revenue growth of each sub-segment from 2018 to 2030.
Growth in the market is primarily propelled by the increasing prevalence of chronic disorders, a surge in surgical procedures, and the expanding geriatric demographic. According to WHO, in 2019, there were 254 million individuals aged 60 & above and 176 million aged 65 & older.
It further stated that by 2040, an estimated 402 million people, constituting 28% of the total population, will be over 60. These trends emphasize the necessity of utilizing sterilization containers to decrease the risk of HAIs, given these demographic shifts and healthcare demand.
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Target buyers of China instrumentation sterilization containers market databook
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Our clientele includes a mix of instrumentation sterilization containers market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China instrumentation sterilization containers market , including forecasts for subscribers. This country databook contains high-level insights into China instrumentation sterilization containers market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China instrumentation sterilization containers market size, by product, 2018-2030 (US$M)
China Instrumentation Sterilization Containers Market Outlook Share, 2023 & 2030 (US$M)
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