Market Overview:
The global Sterilization Wrap market is expected to reach USD 489.93 million by 2032,exhibiting a CAGR of 3.2% during the forecast period
Overview
Sterilization wrap, also referred to as surgical wrap, is a type of medical packaging material used in healthcare facilities. The primary purpose of sterilization wrap is to maintain the sterility of medical equipment and instruments. Sterilization wrap is typically made from nonwoven polypropylene or other similar breathable materials. The usage of breathable materials facilitates the penetration of sterilization agents like steam or ethylene oxide gas while offering a barrier to microorganisms and other contaminants. Sterilization wrap is a vital component of infection control and plays a crucial role in preventing the spread of infections in healthcare facilities.
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Growth Factors and Opportunities
The global adult population experiencing chronic diseases is projected to experience a substantial rise over the forecast period. The surge in chronic conditions globally is a major factor propelling the demand for sterilization wraps. Besides, the crucial role that sterilization wraps play in facilitating the proper management of equipment by preventing microbial infections further supports industry development.
Key Industry Participants
The sterilization wrap market is characterized by the presence of several industry participants striving to gain a larger market share. Some of the major players operating in the market include:
- A.R. Medicom Australia Pty, Ltd.
- Ahlstrom
- Berry Global Inc.
- Cardinal Health
- Crosstex International, Inc.
- Dynarex Corporation
- McKesson Medical-Surgical Inc.
- Medline Industries, LP.
- Narang Medical Limited
- Propper Manufacturing Co., Inc.
- STERIS
Market Segmentation:
- The market is primarily segmented based on material type, end-use, and region.
- By material analysis, the plastic & polymers segment accounts for a substantial portion of the market owing to the increased incidence of post-operative wound infections.
- By application analysis, the hospital segment commands a large market share owing to the increased prevalence of hospital-associated infections.
Sterilization Wrap Market, Material Type Outlook (Revenue – USD Million, 2019-2032)
- Paper & Paperboard
- Plastic & Polymer
- Others
Sterilization Wrap Market, End Use Outlook (Revenue – USD Million, 2019-2032)
- Ambulatory Surgery Centres
- Hospitals
- Clinics and Others
Recent Developments:
- Ahlstrom Launches Reliance Fusion Sterilization Wrap (May 2023)
Ahlstrom expanded its medical product range with the introduction of Reliance Fusion, a state-of-the-art sterilization wrap. This product is designed to improve the sterilization process for surgical equipment trays in hospital settings, aiming to enhance operational efficiency and ensure high standards of sterilization in medical facilities. - Life Science Outsourcing Acquires J-Pac Medical (January 2023)
Life Science Outsourcing, Inc. completed the acquisition of J-Pac Medical, a company specializing in outsourcing services for the manufacturing, sterilization, and packaging of medical devices and diagnostic products. This acquisition enhances Life Science Outsourcing’s capabilities and expands its service offerings to medical device and diagnostic companies.
Sterilization wraps play a critical role in safeguarding both patient safety and healthcare resources. The rising prevalence of hospital-acquired infections, particularly microbial infections, coupled with the relatively lower costs associated with sterilization wraps, are expected to drive growth in the sterilization wrap market in the coming forecast period. Sterilization wrap presents numerous advantages in ensuring infection-free equipment handling and safety during equipment transport between locations. Furthermore, sterilization wrap facilitates aeration for surgical equipment and allows sufficient permeability for the effective penetration of sterilants like plasmas, ozone, steam, ethylene oxide, and others.