DUBLIN--(BUSINESS WIRE)--The "Sterilization Equipment Market Size, Share, Forecast, & Trends Analysis by Offering, Low-temperature, Radiation, Filtration Services - Global Forecast to 2031" report has been added to ResearchAndMarkets.com's offering.
The sterilization equipment market is expected to reach $26.77 billion by 2031, at a CAGR of 8.4% from 2024 to 2031.
This report provides the industry's key drivers, restraints, opportunities, and challenges following a comprehensive primary and secondary study and an in-depth analysis of the market scenario.
The market is propelled by the increasing prevalence of hospital-acquired infections, a rise in surgical procedures, and an escalating demand for sterilization in the food sector to mitigate food-borne diseases. Additionally, there is a growing demand for sterilization equipment from the pharmaceutical and biotechnology sectors, alongside the outsourcing of sterilization processes to specialized service providers in non-healthcare industries. However, market growth is restrained by concerns surrounding the safety of ethylene oxide and the reprocessing of instruments.
In addition, the increasing adoption of e-beam sterilization, surge in demand for sterilization products in emerging markets, strong emphasis on infection control in both healthcare and non-healthcare sectors, and the growing use of CO2 sterilization technology in the medical device industry are anticipated to create growth opportunities for market players. However, challenges such as non-compliance with sterilization standards in the healthcare sector and the transition from reusable to disposable medical devices may impede market growth.
Based on products, the consumables & accessories segment is slated to register the highest CAGR during the forecast period.
Sterilization consumables and accessories play a vital role in measuring, controlling, and preventing infections, and in monitoring healthcare-associated infections (HAIs). These products offer valuable insights into trends associated with infection control and prevention initiatives, thereby driving their increased adoption.
Based on end users, the hospitals & clinics segment is expected to account for the largest share of the sterilization equipment market in 2024.
This segment's large share is attributed to factors such as rising healthcare expenditures and advancements in research and development. Key drivers include improved patient outcomes, a high prevalence of HAIs, an increasing number of surgical procedures, and a growing demand for clean and high-quality healthcare facilities.
Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments, SWOT Analysis*)
- STERIS plc (U.S.)
- 3M Company (U.S.)
- Getinge AB (Sweden)
- Cardinal Health Inc. (U.S.)
- Advanced Sterilization Products Inc. (U.S.) (A subsidiary of Fortive Corporation)
- Fedegari Autoclavi SpA (Italy)
- Stryker Corporation (U.S.)
- ANTONIO MATACHANA
- S. A. (Spain)
- SteelcoBelimed AG (Switzerland)
- Sotera Health Company (U.S.)
- Benchmark Scientific Inc (U.S.)
- MMM Munchener Medizin Mechanik GmbH (Germany)
- Tuttnauer (Netherlands)
- Consolidated Sterilizer Systems (U.S.)
- Andersen Sterilizers Inc. (U.S.).
Key Topics Covered:
1. Introduction
1.1. Market Definition
1.2. Market Ecosystem
1.3. Currency & Limitations
1.4. Key Stakeholders
2. Research Methodology
2.1. Research Process
2.2. Data Collection & Validation Process
2.3. Market Sizing & Forecasting
2.4. Assumptions for the Study
3. Executive Summary
4. Market Insights
4.1. Overview
4.2. Factors Affecting Market Growth
4.2.1. Impact Analysis of Market Dynamics
4.2.1.1. Increasing Demand for Sterilization Equipment From the Pharmaceutical and Biotechnology Industries is Driving the Market's Growth
4.2.1.2. Harmful Effects of Ethylene Oxide is Restraining the Market Growth
4.2.1.3. Increasing Use of CO2 Sterilization in The Medical Device Industry to Offer Market Growth Opportunities
4.2.1.4. Concerns Regarding the Safety of Reprocessed Instruments Is Challenging Market Growth
4.2.2. Macroindicators
4.3. Industry & Technology Trends
4.3.1. Ozone Sterilization
4.3.2. Electrostatic Spraying
4.3.3. Liquid Chemical Sterilization
4.3.4. Enhanced Efficiency and Speed
4.3.5. Integration of Intelligent Control Systems
4.3.6. Sterilization for Novel Therapies
4.4. Regulatory Analysis
4.4.1. International Organization for Standardization (ISO)
4.4.2. North America
4.4.2.1. U.S.
4.4.2.2. Canada
4.4.3. Europe
4.4.4. Asia-Pacific
4.4.4.1. China
4.4.4.2. Japan
4.4.4.3. India
4.4.5. Latin America
4.4.6. Middle East & Africa
4.5. Pricing Analysis
4.6. Value Chain Analysis
5. Sterilization Equipment Market Assessment - by Offering
5.1. Overview
5.2. Equipment
5.2.1. Heat/Steam Sterilization Equipment
5.2.1.1. Moist Heat Sterilizers
5.2.1.1.1. Gravity Displacement Autoclaves
5.2.1.1.2. High-speed Pre-vacuum Sterilizers
5.2.1.2. Dry Heat Sterilizers
5.2.1.2.1. Static Air Sterilizers
5.2.1.2.2. Forced Air Sterilizers
5.2.2. Low-temperature Sterilization Equipment
5.2.2.1. Hydrogen Peroxide/Gas Plasma Sterilizers
5.2.2.2. Ethylene Oxide Sterilizers
5.2.2.3. Ozone-based Sterilizers
5.2.2.4. Formaldehyde Sterilizers
5.2.2.5. Other Low-temperature Sterilization Equipment
5.2.3. Radiation Sterilization Equipment
5.2.3.1. Ionizing Radiation Sterilizers
5.2.3.2. Non-ionizing Radiation Sterilizers
5.2.4. Filtration Sterilization Equipment
5.3. Services
5.3.1. Ethylene Oxide Sterilization Services
5.3.2. Gamma Sterilization Services
5.3.3. E-beam Sterilization Services
5.3.4. Steam Sterilization Services
5.3.5. Other Sterilization Services
5.4. Consumables & Accessories
5.4.1. Instrument Packaging & Pouches
5.4.2. Sterilants
5.4.3. Sterilization Indicators
5.4.3.1. Biological Indicators
5.4.3.2. Chemical Indicators
5.4.4. Other Consumables & Accessories
6. Sterilization Equipment Market - by End User
6.1. Overview
6.2. Hospitals & Clinics
6.3. Medical Device Companies
6.4. Pharmaceutical Companies
6.5. Food & Beverage Industry
6.6. Other End Users
7. Sterilization Equipment Market Assessment - by Geography
7.1. Overview
7.2. North America
7.2.1. U.S.
7.2.2. Canada
7.3. Europe
7.3.1. Germany
7.3.2. France
7.3.3. U.K.
7.3.4. Italy
7.3.5. Spain
7.3.6. Switzerland
7.3.7. Belgium
7.3.8. Rest of Europe
7.4. Asia-Pacific
7.4.1. China
7.4.2. Japan
7.4.3. India
7.4.4. Australia
7.4.5. South Korea
7.4.6. Rest of Asia-Pacific
7.5. Latin America
7.5.1. Brazil
7.5.2. Mexico
7.5.3. Rest of Latin America
7.6. Middle East & Africa
7.6.1. Saudi Arabia
7.6.2. UAE
7.6.3. South Africa
7.6.4. Rest of Middle East & Africa
8. Competition Analysis
8.1. Overview
8.2. Key Growth Strategies
8.3. Competitive Benchmarking
8.4. Competitive Dashboard
8.4.1. Industry Leaders
8.4.2. Market Differentiators
8.4.3. Vanguards
8.4.4. Emerging Companies
8.5. Market Share Analysis (2023)
8.5.1. STERIS plc
8.5.2. Advanced Sterilization Products, Inc. (A Subsidiary of Fortive Corporation)
8.5.3. Getinge AB
8.5.4. SteelcoBelimed AG
9. Company Profiles (Business Overview, Financial Overview, Product Portfolio, Strategic Developments, SWOT Analysis*)
For more information about this report visit https://www.researchandmarkets.com/r/ds38db
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