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Home Economy

Indian healthcare services market projected to be US$218.45 million in 2020

Fiinews by Fiinews
June 18, 2015
in Economy, Investment, News
Reading Time: 1 min read
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The sterilizers and surgical, dental care, and equipment disinfectors in market India is expected to achieve a value of US$218.45 million by 2020, expanding at a CAGR of 8.2 per cent during the period from 2014 to 2020.
It was worth US$126 million in 2013.
The increasing prevalence of hospital acquired infections (HAIs) in India is likely to fuel the growth of this market, says a new research study published by Transparency Market Research (TMR).
In addition, the rising number of hospitals and accompanying enhancement in the medical and healthcare infrastructure in India is projected to trigger the demand for disinfectors and sterilizers, according to the study “Sterilizers and Surgical, Dental Care and Equipment Disinfectors Market”.
On the other hand, the changing trend among patients and medical professionals favoring the usage of disposable medical devices and medical negligence towards the measures applied for sterilization are expected to hamper the market growth to a great extent.
Major participants of the sterilizers and surgical, dental care and equipment disinfectors market in India profiled in this study are 3M, Antrix Hygiene Ltd, Raman & Weil Pvt Ltd, Reckitt Benckiser Group plc, Ranbaxy Laboratories Ltd, Sanosil Biotech Pvt Ltd, UPS Hygienes Pvt Ltd, and Zep Superior Solutions.
TMR is a US-based market intelligence company driven by high-pedigree consultants and researchers.

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