Saudi Arabia Sterilization Pouches Market
Saudi Arabia Sterilization Pouches Market Size Booming to Cross USD 967 Million by 2029
Published | 03 February 2023
Saudi Arabia sterilization pouches market is gaining traction because of the focus on preventing the growing instances of cross-contamination in healthcare settings and during medical operations, as well as strict government rules governing the sterilization of medical equipment.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the Saudi Arabia sterilization pouches market size at USD 623.2 million in 2022. During the forecast period between 2023 and 2029, the Saudi Arabia sterilization pouches market size is projected to grow at a CAGR of 6.63% reaching a value of USD 967.1 million by 2029. Growing instances of cross-contamination in healthcare settings and during medical operations, as well as strict government rules governing the sterilization of medical equipment to avoid such accidents, are major driving factors for the Saudi Arabia sterilization pouches market. The Saudi Arabia sterilization pouches market is expected to grow during the forecast period as a result of the COVID-19 pandemic in the Kingdom, which has further highlighted the importance of the necessity for sterilization.
Saudi Arabia Sterilization Pouches Market – Overview
A sterilization pouch, also known as a peel pack, is a temporary container that is inserted within a sterilizer to allow the sterilizer to reach the objects inside. These Class II Medical Devices continue to preserve the processed item's sterility after sterilization. These pouches are paper/plastic which is used in steam or ethylene oxide sterilization and tyvek/plastic which is used in vaporized hydrogen peroxide and EO sterilization. Sterilization pouches primarily have three designs: Self-heal pouches, heat seal pouches, and rolls or tubing.
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Saudi Arabia Sterilization Pouches Market – By Application
Based on application, the Saudi Arabia sterilization pouches market is segmented into hospitals, CSSDs, clinics, and others. The hospital segment accounts for the highest share in Saudi Arabia sterilization pouches market owing to the high number of diagnostic tests and medical procedures performed there on both in and outpatients. The Central Sterile Services Department (CSSDs) is also gaining traction as the number of critical surgeries is rising at a high rate with the increasing prevalence of various chronic illnesses, such as cardiovascular diseases, in the Kingdom.
Impact of COVID-19 on Saudi Arabia Sterilization Pouches Market
The Saudi Arabia sterilization pouches market was initially negatively impacted by the unprecedented COVID-19 pandemic outbreak. Although the demand for sterilization pouches spiked in healthcare facilities during the virus spread, disruptions in the supply chains and import and export activities likely created a huge stock shortage in the country. However, sterilization pouches are projected to gain traction in the post-pandemic period as the Saudi Government is significantly investing in the healthcare sector as well as imposing strict regulations for its use, especially with the adamant use of reusable medical devices in the Kingdom.
Competitive Landscape
Major players operating in Saudi Arabia Sterilization Pouches market include Amcor, Mondi Group, Wihuri, Cardinal Health, Shanghai Jianzhong Medical Equipment Packaging Co. Ltd, Amcor plc, Mondi Group, Berry, YIPAK, and 3M. To further enhance their market share, these companies employ various strategies, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
The in-depth analysis of the report provides information about growth potential, upcoming trends, and the Saudi Arabia Sterilization Pouches market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the Saudi Arabia Sterilization Pouches market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyzes the growth drivers, challenges, and competitive dynamics of the market.
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Publish Date: February 2023
Stringent regulations for the sterilization of medical equipment to prevent cross-contamination occurrences in healthcare settings and during medical operations are a major driving factor for Saudi Arabia Sterilization Pouches Market during the forecast period between 2023 and 2029.
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