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.
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.
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Increasing Prevalence of HAIs to Fuel Demand for Sterilizers and Surgical, Dental Care and Equipment Disinfectors in India
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.