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India Sterilizer and Surgical Dental Care Equipment Disinfectors Market to Expand at 8.2% CAGR till 2020 due to Rising Number of Surgeries: Transparency Market Research

Albany - New York, Oct. 6, 2015 (GLOBE NEWSWIRE) -- Transparency Market Research (TMR) has announced the addition of a new report, titled "Sterilizers and Surgical, Dental Care and Equipment Disinfectors Market - India Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020". According to the report, the India sterilizers and surgical, dental care, and equipment disinfectors market is projected to expand at a marked CAGR of 8.2% during the forecast period from 2014 to 2020. In 2013, the India sterilizers and surgical, dental care, and equipment disinfectors market was worth INR806.0 cr and by 2020, the market is projected to be worth INR1,390.2 cr.

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The India sterilizers and surgical, dental care, and equipment disinfectors market is driven by a number of factors. These include the growing incidence of hospital acquired infections (HAIs), the rising number of hospitals, and the improving health care sector. The rising number of surgeries, along with growing related infections, is projected to propel the India sterilizers and surgical, dental care, and equipment disinfectors market. In addition to this, the booming medical tourism market will also drive the India sterilizers and surgical, dental care, and equipment disinfectors market.

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By chemical formulations, the India sterilizers and surgical, dental care, and equipment disinfectors market is divided into ethyl-hexadecyl-dimethyl ammonium formulations, octenidine hydrochloride formulations, benzalkonium chloride formulations, povidone-iodine formulations, alcohol-based agents, chlorhexidine gluconate formulations, and others. On the basis of application, the India sterilizers and surgical, dental care, and equipment disinfectors market is segmented into hospitals (general hospitals and dental care centres) and veterinary care centres.

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By end use, the India sterilizers and surgical, dental care, and equipment disinfectors market is segmented into equipment and devices used during surgery, operating rooms, ICUs, and nursing tables, hospital and nursing staff, patients and caregivers, and others. The India sterilizers and surgical, dental care, and equipment disinfectors market is dominated by the operating rooms, ICUs, and nursing tables segment, which is projected to continue its dominance throughout the forecasting horizon.

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On the basis of surgery stage, the India sterilizers and surgical, dental care, and equipment disinfectors market is segmented into post-operative, intra-operative, and pre-operative. At present, the post-operative surgery segment is leading the India sterilizers and surgical, dental care, and equipment disinfectors market. This segment is leading the market due to the rising risk of infection due to a number of microbes, their increasing resistance to drugs, and elevated hospital stay after the surgery.

Players in the India sterilizers and surgical, dental care, and equipment disinfectors market will benefit from the growing patient pool and growth in disposable income levels. According to Trading Economics, the total personal disposable income in the country was approximately INR80,663,730 mn in 2012, as compared to INR71,787,870 mn recorded in 2011. Some of the key players operating in the India sterilizers and surgical, dental care, and equipment disinfectors market are Zep Superior Solutions, Win-Medicare, UPS Hygienes, Sanosil Biotech, PSK Pharma, and 3M.

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Although the India sterilizers and surgical, dental care, and equipment disinfectors market is projected to experience good growth in the coming years, it will be suppressed by the negligence towards sterilization measures seen in the healthcare sector. Further, the growing preference for disposable medical devices is also expected to suppress the market.

The India sterilizers and surgical, dental care and equipment disinfectors market is segmented into the following categories:

Sterilizers and Surgical, Dental Care and Equipment Disinfectors Market, by Chemical Formulations

  • Chlorhexidine Gluconate Based Formulations
  • Alcohol Based Agents
  • Povidone-Iodine Based Formulations
  • Benzalkonium Chloride Based Formulations
  • Octenidine Hydrochloride Based Formulations
  • Ethyl - hexadecyl - dimethyl Ammonium Based Formulations
  • Others (Aldehydes, Hydrogen Peroxide, Hypochlorites and Chlorine Based Disinfectors)

Sterilizers and Surgical, Dental Care and Equipment Disinfectors Market, by Applications

Hospitals

  • General Hospitals
  • Wound Care
  • Burn Care
  • Ulcer Care
  • Dental Care Centers
  • Surgical Care
  • Diagnostic Care

Veterinary Care Centers

Sterilizers and Surgical, Dental Care and Equipment Disinfectors Market, by End-users

  • Patients and Caregivers
  • Hospital and Nursing Staff
  • Operating Rooms, ICUs and Nursing Tables
  • Equipment and Devices used during Surgery
  • Others (Veterinary and Diagnostic Care Centers)

Sterilizers and Surgical, Dental Care and Equipment Disinfectors Market, by Surgery Stages

  • Pre-operative
  • Intra-operative
  • Post-operative

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Transparency Market Research (TMR) is a U.S. based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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Source:Transparency Market Research