Sterilization Equipment Market 2024-2033: Production Analysis, Segmentation, Key Drivers And Top Players

"The new report published by The Business Research Company, titled ""Sterilization Equipment Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.

As per the report, the sterilization equipment market size has grown rapidly in recent years. It will grow from $12.18 billion in 2023 to $13.59 billion in 2024 at a compound annual growth rate (CAGR) of 11.6%. The sterilization equipment market size is expected to see rapid growth in the next few years. It will grow to $22.14 billion in 2028 at a compound annual growth rate (CAGR) of 13.0%.

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Hospital-Acquired Infections Boosting Sterilization Equipment Market Growth
The rising incidences of hospital-acquired infections significantly contribute to the growth of the sterilization equipment market going forward. HAIs (hospital-acquired infections) is an illness that thrives in a hospital setting, such as those contracted by a patient during a hospital stay, and are a leading cause of morbidity and mortality around the world. These include bloodstream infections from a central line, urinary tract infections from a catheter, and pneumonia from a ventilator. The rising number of hospital-acquired infections requires more sterilization equipment in healthcare facilities. For instance, in August 2021 according to the National and State Healthcare-Associated Infections Progress Report by the Centers for Disease Control and Prevention (CDC), a US-based government agency, in 2021, the count of facilities reporting HAIs through NHSN reverted to its pre-pandemic levels, following a decrease in 2020. In addition, Nationally, among US acute care hospitals, there was an overall, 7% increase in CLABSI, a type of hospital-acquired infection (HAI), between 2020 and 2021. Therefore, the rising incidences of hospital-acquired infections propel the growth of the sterilization equipment market.

Sterile Container System To Streamline Sterilization Processes
Major companies operating in the sterilization equipment market are launching sterile container systems such as The AESCULAP Aicon Sterile Container System to streamline sterilization processes. The AESCULAP Aicon Sterile Container System is a sterilization container that offers features such as 100% container and basket synchronization and an Enhanced Drying System (EDS). For instance, in March 2022, Aesculap, Inc., a US-based healthcare services provider, launched the AESCULAP Aicon Sterile Container System, designed to streamline sterilization processes and minimize wet sets. The AESCULAP Aicon Container offers enhanced drying and increased sterile aseptic areas. The AESCULAP Aicon Container is designed to help in reducing overall set reprocessing times. Additionally, it provides up to a 200 percent increase in sterile aseptic area.

The sterilization equipment market covered in this report is segmented -

1) By Product: Sterilization Indicators, Detergents, Pouches, Lubricants, Sterilization Accessories
2) By Equipment: High-Temperature Sterilization, Low-Temperature Sterilization, Filtration Sterilization, Lonizing Radiation Sterilization
3) By End User: Pharmaceutical Companies, Hospitals And Clinics, Medical Device Companies, Food And Beverage Companies, Other End Users

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Major companies operating in the sterilization equipment market include STERIS plc, Getinge AB, 3M Company, Cardinal Health Inc., Fortive Corporation, Stryker Corporation, Cantel Medical Corp., MMM Group, Merck KGaA, Matachana Group, Systec GmbH, Metall Zug Group, Tuttnauer, De Lama S.p.A., Life Science Outsourcing Inc., Midwest Sterilization Corporation, Belimed AG, Sotera Health LLC, Sterigenics U.S. LLC, E-BEAM Services Inc., Advanced Sterilization Products Services Inc., Celitron Medical Technologies Kft., Consolidated Sterilizer Systems, LTE Scientific Ltd., Prince Sterilization Services LLC, Continental Equipment Company LLC, BGS Beta-Gamma-Service GmbH & Co. KG, ACMAS Technologies Pvt. Ltd., Microtrol Sterilisation Services Pvt. Ltd., Sterilization Systems Group Inc.

Contents of the report:
1. Executive Summary
2. Sterilization Equipment Market Report Structure
3. Sterilization Equipment Market Trends And Strategies
4. Sterilization Equipment Market - Macro Economic Scenario
5. Sterilization Equipment Market Size And Growth
…..
27. Sterilization Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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