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The sterilization wrap industry is competitive in nature, with several large multinationals and small and mid-sized companies competing in the industry. The development and launch of novel advanced products and services based on different technologies is among a key market strategy. Some of the leading industry players have a notable presence in the market.
Some of the eminent market participants operating in the sterilization wrap industry include:
Plastic & polymer segment held a major market share in 2023 and is estimated to account for USD 320.8 million by 2032, owing to their advantages such as lightweight, flexibility, and moisture resistance, making them ideal for maintaining the sterility of medical instruments and supplies.
The Global sterilization wrap industry was valued at around USD 374.9 million in 2023 and is estimated to reach over USD 527.3 million by 2032, owing to its role in preventing HAIs by maintaining the sterility of medical equipment and supplies.
North America sterilization wrap industry held a significant revenue share of 40.6% in 2023 and is predicted to witness substantial growth through 2032, owing to a well-established healthcare infrastructure, with advanced hospitals and clinics, in the region.
Ahlstrom, Berry Global Inc., Cardinal Health, Inc., Dynarex Corporation, McKesson Corporation, Medline Industries, LP., Narang Medical Limited, Owens & Minor, Inc., Propper Manufacturing Co., Inc., STERIS plc are some of the major industry contenders.