Global Sterilization Equipment Market Key Players, Value, Demands, Trends, Consumables & Accessories and Forecasts to 2027

The global sterilization equipment market is valued at an estimated USD 13.7 billion in 2022 and is projected to reach USD 20.0 billion by 2027, at a CAGR of 7.9% during the forecast period. Market growth is driven by factors such as the increasing incidence of HAIs, increasing focus on food sterilization and disinfection coupled with increasing outsourcing of sterilization services among pharmaceutical companies, hospitals, and medical device manufacturing companies.

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"The sterilization instruments held the largest share of the sterilization equipment market, by product & service"
The global sterilization equipment market is segmented into sterilization instruments, sterilization services, and sterilization consumables & accessories based on product & service. Market growth is largely attributed to the rise in the volume of surgical procedures and stringent regulatory mandates for infection control.

"Among the end users, the pharmaceutical companies segment is anticipated to register the highest growth during the forecast period"
Based on end users, the sterilization equipment market is segmented into hospitals & clinics, medical device companies, food & beverage companies, pharmaceutical companies, and other end users. The pharmaceutical companies segment is anticipated to witness growth at the highest rate during the forecast period. The growth can be attributed to the increasing number of pharmaceutical companies in developing nations such as India and China.

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"The Asia Pacific market is expected to grow at the highest CAGR during the forecast period"
The global sterilization equipment market is segmented into five regions - North America, Europe, the Asia Pacific, Middle East & Africa, and Latin America. The Asia Pacific region is expected to witness the highest growth in the sterilization equipment market during the forecast period. The high growth in this region can primarily be attributed to the rising incidence of nosocomial infections, growth in the pharmaceutical and medical device industries, and improved healthcare infrastructures in Southeast Asian countries.

The primary interviews conducted for this report can be categorized as follows:
• By Company Type: Tier 1 - 30%, Tier 2 - 45%, and Tier 3 - 25%
• By Designation: C-level - 28%, D-level - 32%, and Others - 40%
• By Region: North America - 33%, Europe - 25%, Asia Pacific - 18%, Middle East & Africa - 14%, and Latin America - 10%

Lists of Companies Profiled in the Report:
• STERIS (US),
• Getinge AB (Sweden),
• Sotera Health (US),
• Fortive (US),
• 3M (US),
• Cardinal Health (US)
• Metall Zug Group (Switzerland)
• Stryker Corporation (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)
• Celitron Medical Technologies Kft (Hungary)
• Microtrol Sterilisation Services Pvt. Ltd (India)
• Consolidated Sterilizer Systems (US)
• LTE Scientific Ltd. (UK)
• Prince Sterilization Services LLC (US)

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Research Coverage:
This report provides a detailed picture of the global sterilization equipment market. It aims at estimating the size and future growth potential of the market across different segments, such as product & service, end user, and region. The report also includes an in-depth competitive analysis of the key market players, along with their company profiles, recent developments, and key market strategies.

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This release was published on openPR.