The India sterilizers and surgical, dental care and equipment
disinfectors market is characterized by the competition between the
key international as well as domestic players, such as 3M, Reckitt
Benckiser Plc., Raman & Weil Pvt. Ltd., and Win-Medicare Pvt.
Ltd., states a new research report by Transparency Market Research
(TMR). These companies are focusing on technological advancements in
their offerings that match with consumers’ changing demands in
order to strengthen their presence.
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Over the coming years, they are expected to increase investments in
research and development initiatives and construction of new
production units to remain strong in the highly competitive
environment of this market, reports the research study.
As per the report, the opportunity in the India market for
sterilizers and surgical, dental care and equipment disinfectors is
estimated to proliferate at a CAGR of 8.20% during the period from
2014 to 2020 and reach INR 1,390.2 Cr. by the end of the forecast
period. These sterilizers and surgical, dental care and equipment
disinfectors find substantial application in hospitals and dental
care centers in this country. The demand for these disinfectors is
much higher in post-operative stage. Operating rooms, ICUs, and
nursing tables have surfaced as the leading end users of these
disinfectors. Chlorhexidine gluconate-based formulations enjoy a
greater demand than other formulations and is expected to remain so
over the next few years, states the market report.
According to a TMR analyst, “the market for sterilizers and
surgical, dental care and equipment disinfectors in India has gained
a significant momentum.” The increasing cases of hospital acquired
infections (HAIs) has fueled the demand for these disinfectors across
the economy. The escalating number of surgeries and spread of various
surgery-related infections are also boosting the need for these
sterilizers and disinfectors considerably.
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Going forward, the ongoing expansion in the Indian medical and
healthcare industry and the increasing pool of hospitals and nursing
homes are likely to benefit the India market for sterilizers and
surgical, dental care and equipment disinfectors. The significant
rise in the number of patients and the surge in disposable income
levels of consumers are also projected to propel this market over the
next few years, states the research report.
Although the demand for sterilizers and surgical, dental care and
equipment disinfectors is rising remarkably in this country, the
market may face serious challenges from the dearth of knowledge and
negligence pertaining to sterilization in the near future. The lack
of skilled medical professionals and an increasing shift toward the
usage of disposable medical devices will also hinder the market’s
growth over the forthcoming years.
Nevertheless, the increasing governmental support, in terms of
various awareness programs and capital funding, is likely to assist
this market in normalizing the effect of these restraints, notes the
research study.
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