Sterilization Equipment Market Consumables & Accessories, Product & Services, End User, Regions, and Top Companies 3M, Sotera Health, Fortive, Cardinal Health, Stryker

Sterilization Equipment Market report employs a number of steps for collecting, recording, analyzing, and interpreting market data to make this report all-inclusive. The data and information concerning the Medical Devices industry are derived from consistent sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the market experts. This market report makes available statistics on the current state of the industry as a valuable source of guidance and direction for companies and investors interested in this market. Sterilization Equipment Market research report also endows with the list of the leading competitors and their moves such as joint ventures, acquisitions, and mergers, etc.

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Sterilization Equipment Market analysis report comprises market data that can be relatively essential when it comes to dominate the market or make a mark in the market as a new emergent. The purpose of this market report is to provide a detailed analysis of the Medical Devices industry and its impact based on applications and on different geographical regions. This market research report is a resource for getting current as well as upcoming technical and financial details of the industry to 2026. It also strategically analyses the growth trends and future prospects. An influential Sterilization Equipment Market report also lists down the leading competitors and provides insights about the strategic industry analysis of the key factors influencing the Medical Devices industry.

The sterilization equipment market is projected to reach USD 20.0 billion by 2026 from USD 13.8 billion in 2021, at a CAGR of 7.7%.

Lists of Companies Profiled in the Report:

STERIS PLC (US)
Getinge AB (Sweden)
3M (US)
Sotera Health (US)
Fortive (US)
Cardinal Health (US)
Metall Zug Group (Switzerland)
Stryker (US)
Merck KGaA (Germany)
MMM Group (Germany)
MATACHANA GROUP (Spain)
Tuttnauer (Netherlands)
Andersen Sterilizers (US)
Steelco S.p.A. (Italy)
Noxilizer (US)
DE LAMA S.P.A. (Italy)
Cosmed Group (US)
C.B.M. S.r.l. Medical Equipment (Italy)
E-BEAM Services, Inc. (US)
Life Science Outsourcing, Inc. (US)
Systec GmbH (Germany)
Continental Equipment Company (US)
Midwest Sterilization Corporation (US)
BGS Beta-Gamma-Service GmbH & Co. KG (Germany)
ACMAS Technologies Pvt. Ltd. (India)

The primary interviews conducted for this report can be categorized as follows:

By Company Type: Tier 1 - 28%, Tier 2 - 42%, and Tier 3 - 30%
By Designation: C-level - 30%, D-level - 34%, and Others - 36%
By Region: North America- 46%, Europe- 25%, Asia Pacific – 18%, RoW – 11%

Market growth is largely driven by the rising incidence of hospital-acquired infections, growing number of surgical procedures, increasing focus on food sterilization and disinfection, growth in the pharmaceutical and biotechnology industries, and the increasing outsourcing of sterilization services.

“The sterilization instruments segment accounted for the highest growth rate in the sterilization equipment market, by product and service, during the forecast period”

Based on product & service, the sterilization equipment market is segmented into sterilization instruments, sterilization services, and sterilization consumables & accessories. The sterilization instruments segment is projected to register the highest CAGR during the forecast period The growth of this segment is primarily driven by the rising incidence of HAIs, increasing number of surgeries performed, stringent regulatory mandates for infection control, and the growth in the medical device and pharmaceutical industries.

“Pharmaceutical Companies accounted for the highest CAGR”

Based on end-user, the sterilization equipment market has been segmented into hospitals & clinics, medical device companies, food & beverage companies, pharmaceutical companies, and other end users. The pharmaceutical companies segment is projected to register the highest CAGR during the forecast period. Factors such as the increasing number of pharmaceutical companies and stringent regulatory norms for drug safety are driving the growth of the pharmaceutical companies’ segment.

“Asia Pacific: The fastest-growing region in the Sterilization Equipment market”

The sterilization equipment market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The Asia Pacific region offers high-growth opportunities for players in the sterilization equipment market. This regional segment is estimated to register the highest CAGR during the forecast period. Factors such as the growing pharmaceutical and medical device industries, rising number of surgical procedures, and increasing healthcare expenditure are driving market growth in the APAC region.

Key Benefits of Buying the Report:

The report will help market leaders/new entrants by providing them with the closest approximations of the revenue numbers for the overall sterilization equipment market and its sub-segments. It will also help stakeholders better understand the competitive landscape and gain more insights to better position their business and make suitable go-to-market strategies. This report will enable stakeholders to understand the market's pulse and provide them with information on the key market drivers, opportunities, challenges, and trends.

A credible Sterilization Equipment Market report is an excellent resource to get an in-depth study about the present and upcoming Opportunities to clarify the future investment in the market. The report proves to be an essential document for every market enthusiast, policymaker, investor, and player. This market research report has a chapter on the Sterilization Equipment Market and all its associated companies with their profiles, which provides valuable data related to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. The market research performed here also provides information about manufacturers, market competition, cost, market effect factors for the forecast period of 2021-2026.

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