Sterilization, Decontamination Market to Reach $14B by 2017

According to a Markets and Markets report, the infection control market is expected to reach a value of $14 billion by 2017, growing at a compound annual growth rate of six percent.

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In 2012, the infection control market was about $10.5 billion.

The infection control market is mostly centered around sterilization and disinfection processes, which is seeing a growing demand due to the increasing need for healthcare by the aging population. Additionally, new technological advancements require compatible, advanced sterilization equipment.

The report predicts gamma and E-beam sterilization techniques are going to grow in prevalence as they can be more widely used with medical devices and pharmaceutical products.

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