Global eBeam Sterilization Market worth USD 5.16 Billion by 2024

Global eBeam Sterilization Market worth USD 5.16 Billion by 2024

Pune, India, January 28, 2019 -- /360iResearch/ -- The report "Global eBeam Sterilization Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 (Q4 2018 Update)", published by 360iResearch, states that the global market was valued at USD 3.20 billion in 2017 and is projected to reach USD 5.16 billion by 2024, growing at a CAGR of 7.08% from 2017 to 2024.

The major forces driving the growth of the ebeam sterilization market include the necessity of an optimum irradiation system with high-level dosing accuracy and controllability and increase demand for high-quality foods- free of additives, microbial pathogens, pesticides, and chemicals owing to health consciousness. Moreover, endorsements by the world for authority agencies such as who, the united nations’ fao, the u.s. fda, usda, fsis, and aphis and reduced radioactive waste and the cost of recycling are also some of the factors that are driving the market growth. However certain factors such as the limited penetration production depth may hinder the market growth. In the middle of difficulty lies opportunity such as the application in agriculture at very low doses for phytosanitary treatment, increasing demand for outsourced e-beam sterilizing services, and increasing research and development activities. The possible challenges for the market growth is suitability concern for big size packages. But key players in the market are overcoming the challenges with continual improvement and innovation.

Based on type, the global ebeam sterilization market is studied across In-line System, and Stand-alone System. Based on application, the global ebeam sterilization market is studied across Advanced Radiation Processing, Agriculture, Consumer Goods, Cosmetics & Personal Care, Food & Beverage, Medical Devices, Packaging, and Pharmaceuticals. Based on geography, the global ebeam sterilization market is studied across Americas, Europe, Middle East & Africa, and Asia-Pacific.

The report features a competitive scenario of the ebeam sterilization market and provides inclusive analysis of key growth strategies adopted by major players. Key company profiled in the study are Acsion, BGS Beta-Gamma-Service GmbH, E-BEAM Services, Inc., Getinge, IBA Industrial, ITHPP, L3 Applied Technologies, Mitsubishi Heavy Industries, Ltd., Photon production laboratory, STERIS Applied Sterilization Technologies, Steri-Tek, Sterigenics, and Sterilization&Technologies Solutions.

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