Sterilization Equipment and Disinfectants Market by Product, Decontamination Method Type, End User, Geography and Forecast Report 2024

Due to growing population, increasing prevalence of chronic diseases, and continuous advancements in medical technology; the number of medical interventions including surgeries, preventive screenings, and different types of medical and pathology tests are increasing worldwide. These are some of the key factors driving the growth of the global sterilization equipment and disinfectants market. According to the National Quality Forum’s Surgery 2015-2017 final report, the rate of surgical procedures continues to increase annually. This increasing number of surgical procedures is leading to rise in the adoption of decontamination process for sterilizing medical utensils, surgical instruments and bedpans, medical devices and other products used in the healthcare settings.

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The sterilization equipment and disinfectants market has been segmented on the basis of decontamination method, product, and end user. Based on the type of decontamination method, the market has been further categorised into physical, chemical and mechanical types. Chemical decontamination methods hold the largest share in this market, mainly due to the popularity of ethylene oxide and other chemical-based decontamination methods. Physical methods of decontamination include heating, radiation and filtration.

North America dominates the global sterilization equipment and disinfectants industry and is expected to continue with this trend during the forecast period. This leading position of the regional market is mainly due to the developed healthcare infrastructure and stringent patient safety regulations and reimbursement policies in the region. However, the market in Asia-Pacific is expected to witness considerable growth in the coming years, due to improving healthcare infrastructure, growing demand of healthcare services, and increasing focus on controlling healthcare associated infections, such as central line-associated bloodstream infections (CLABSI), and surgical site infections (SSI).

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Growing focus on hygiene and sanitation in healthcare settings including hospitals, clinics, and clinical laboratories to control healthcare associated infections, and infectious disease outbreak is leading to the growth of the sterilization equipment and disinfectants market, globally. For instance, under the Hospital-Acquired Condition Reduction Program (HACRP), the hospitals in the U.S. are subjected to financial penalties for “preventable” healthcare associated infections, such as CLABSI and CAUTI (catheter-associated urinary tract infections).

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Some of the key players in sterilization equipment and disinfectants industry are Advanced Sterilization Products Division Ethicon US LLC., Belimed AG, BMT Medical Technology s.r.o., CareFusion Corporation, Nordion Inc. and STERIS plc. Other prominent competitors in the market include Bio-Cide International Inc., Cantel Medical Corp., Diversey Inc., MEIKO Maschinenbau GmbH & Co KG, CS Medical LLC, Swisher International, Inc., and Tuttnauer Europe B.V., among others.

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