Global Sterilization Services Market: Competitive Analysis and Future Business Growth by 2026 - STERIS Corporation, Sterigenics, Johnson & Johnson, Stryker, 3M, Medline Industries, Inc., DuPont, Solvay, Daikin Industries, Ltd., Honeywell, Cantel Medical

The report includes detailed value chain analysis, which provides a comprehensive view of the global Sterilization Services market. Porter’s Five Forces model for the Sterilization Services market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, where in products and applications are benchmarked based on their market size, growth rate, and general attractiveness.

A large number of local and global players are competing with one another in the global Sterilization Services market. This makes the landscape fragmented in nature. The market is also witnessing the foray of new players wanting to cash in on the unmet demands of consumers. To make headway in the market, players are focusing on product development and strategic mergers and acquisitions. They are also enhancing their distribution networks to steal a march over their competitors.

Global Sterilization Services Market is set to rise from its initial estimated value of USD 2.67 billion in 2018 to an estimated value of USD 4.26 billion by 2026, registering a CAGR of 6% in the forecast period of 2019-2026. This rise in market value can be attributed to the healthcare market outsourcing sterilization responsibilities to other companies; rising numbers of healthcare procedures and thereby the requirement of sterilization of surgical rooms.

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The study emphasizes advancement in Sterilization Services solutions as it has immense influence on the decision making process in almost all socioeconomic and business aspects. Furthermore, the report provides a detailed analysis of the global Sterilization Services market along with the market forecast in terms of revenue growth for all segments.

In the final section of the report on Sterilization Services, the ‘dashboard view’ of the companies is provided to compare the current industrial scenario and their contribution in the total Sterilization Services market. Moreover, it is primarily designed to provide clients with an objective and detailed comparative assessment of key providers specific to a market segment. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors based on an in-depth evaluation of their capabilities and success in the Sterilization Services marketplace.

Major Companies Involved

STERIS Corporation, Sterigenics, Johnson & Johnson, Stryker, 3M, Medline Industries, Inc., DuPont, Solvay, Daikin Industries, Ltd., Honeywell, The Chemours Company, Mexichem, Cantel Medical, Life Science Outsourcing, Inc., Cretex Medical, AGC Inc.,Medistri SA, UCM AG, Noxilizer, Inc., Centurion Medical Products, E-BEAM Services Inc., Cosmed Group, Cantel Canada

Table of Contents

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 05: PIPELINE ANALYSIS

• Pipeline analysis

PART 06: MARKET SIZING

• Market definition
• Market sizing
• Market size and forecast

PART 07: FIVE FORCES ANALYSIS

• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

PART 08: MARKET SEGMENTATION

• Segmentation
• Comparison
• Market opportunity

PART 09: CUSTOMER LANDSCAPE

PART 10: REGIONAL LANDSCAPE

• Geographical segmentation
• Regional comparison
• North America
• South America
• Europe
• MEA
• APAC
• Market opportunity

PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 13: MARKET TRENDS

PART 14: VENDOR LANDSCAPE

• Overview
• Landscape disruption

PART 15: VENDOR ANALYSIS

• Vendors covered
• Vendor classification
• Market positioning of vendors

PART 16: APPENDIX

• List of abbreviations

See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.

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Market Drivers:

• Increasing availing of outsourcing the sterilization services to specific companies by the healthcare industry is expected to drive the market growth

• Rising surgical procedures in the market, thereby increasing the need for sterilization of surgical rooms is also expected to drive the market growth

Market Restraints:

• Use of ethylene oxide (EtO) and the harmful effects due to its usage is expected to restrain the market growth

• Difficulties and complications associated with the sterilization of advanced medical instruments is also expected to restrain the market growth

Important strategic attributes of the report:

• Competitors – In this section, various Sterilization Services industry leading players are studied with respect to their company profile, product portfolio, capacity, price, cost, and revenue.

• Sales and Revenue Analysis – Both, sales and revenue are studied for the different regions of the Sterilization Services Market. Another major aspect, price, which plays an important part in the revenue generation, is also assessed in this section for the various regions.

• Market share, value, volume, and production capacity is analyzed on global, regional and country level

• The 360-degree Sterilization Services overview based on a global and regional level

• Market Outlook: The report also sheds light on some of the major factors, including R&D, new product launches, M&A, agreements, partnerships, joint ventures, collaborations, and growth of the key industry participants, on a regional and global basis.

• A complete and useful guide for new market aspirants

• Strategic suggestion and proposals for the new comers those are willing to enter the market.

• Supply and Consumption – In continuation of sales, this section studies supply and consumption for the Sterilization Services Market. This part also sheds light on the gap between supply and consumption. Import and export figures are also given in this part.

• Forecast information will drive strategic, innovative and profitable business plans, SWOT analysis of players will pave the way for growth opportunities, risk analysis, investment feasibility and recommendations.

• Other analyses – Apart from the information, trade and distribution analysis for the Sterilization Services (Market, contact information of major manufacturers, suppliers and key consumers are also given.

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Market segmentation

• By Method

o Steam Sterilization

o Ethylene Oxide (EtO) Sterilization

o Electron Beam Radiation Sterilization

o Gamma Sterilization

o Others

• End-User

o Hospitals & Clinics

o Medical Device Companies

o Pharmaceutical & Biotechnology Companies

o Research & Academic Institutions

o Others

• Application

o Medical Devices

o Laboratory Equipment

o Packaging Materials

o Raw Materials

• Service

o Contract Sterilization Services

o Validation Sterilization Services

o Mode of Delivery

o Offsite Sterilization Services

o Onsite Sterilization Services

By Geography

• Asia Pacific (China, South Korea, Japan, India, Australia, Singapore, Thailand, Indonesia, Malaysia, Philippines, Rest of Asia-Pacific) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}

• North America (US, Canada, Mexico) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}

• Europe (Russia, Turkey, Belgium, Netherlands, Switzerland, Spain, France, Germany, Italy, UK, Rest of Europe {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}

• South America (Brazil, Argentina, Rest of South America) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}

• Middle East and Africa (South Africa, Egypt, Saudi Arabia, United Arab Emirates, Israel, Rest of Middle East and Africa) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}

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Competitive Analysis

The global sterilization services market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of sterilization services market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Developments in the Market:

• In March 2018, Fedegari Autoclavi S.p.A., introduced a new robotized sterilization plant for parenteral bags

• In March 2017, UCM AG introduced ultrasonic fine-cleaning system able to administer cleaning process to 1 million stainless steel turned parts and tubes daily with the products being ejected into good manufacturing process (GMP) Class D cleanroom.

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