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Sterilization Services on the Rise: From $5 Billion in 2024 to $5.37 Billion in 2025 with a CAGR of 7.3%

01-24-2025 08:29 AM CET | Health & Medicine

Press release from: The Business Research Company

Sterilization Services Market Size

Sterilization Services Market Size

The expanding sterilization services market is expected to hit $7.49 billion by 2029 with a growth CAGR of 8.7%, driven by the increasing need for infection control, rise in surgical procedures, and a focus on sustainable sterilization practices.

What Is The Projected Market Size Of The Global Sterilization Services Market And Its Growth Rate?
•The sterilization services market size will grow from $5 billion in 2024 to $5.37 billion in 2025, experiencing a 7.3% CAGR.
•The market is projected to reach $7.49 billion in 2029 with a 8.7% CAGR.
•The market growth in the historic period is attributed to strict regulatory standards, increasing surgical procedures, globalization of medical device manufacturing, focus on infection control, and a rising aging population.
•The forecasted growth can be attributed to increasing outsourcing of sterilization services, growth in biotech and pharmaceutical industries, rise in ambulatory surgical centers, and a focus on sustainable sterilization practices.

What Is Driving The Growth In The Sterilization Services Market?
Hospital-acquired infections (HAIs) are projected to propel the growth of the sterilization services market. HAIs occur when a patient receives treatment for another ailment in a medical facility, and can be attributed to the increased use of reusable medical equipment. As such, it is crucial that these tools and medical premises are sterilized to minimize the spread of illnesses. For example, the World Health Organization reported in 2023 that an estimated 136 million cases of healthcare-associated antibiotic-resistant infections occur globally every year, demonstrating the need for growth in the sterilization services market.

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Who Are The Key Players Driving Sterilization Services Market Growth?
Key players in the sterilization services market include:
•E-BEAM Services Inc.
•BGS Beta-Gamma-Service GmbH & Co. KG
•Medistri SA
•Noxilizer Inc.
•Cosmed Group
•Cretex Companies Inc.
•Life Science Outsourcing Inc.
•Stryker Corporation
•STERIS PLC
•MMM Group

What Are The Key Trends In The Sterilization Services Market?
•Rise in e-commerce for sterilization products
•Focus on sustainable sterilization practices
•Adoption of advanced sterilization technologies
•Rapid sterilization for critical situations
•Customization of sterilization solutions

What Are The Segments Of The Sterilization Services Market?
•By Type: Sterilization Validation Services, Contract Sterilization Services
•By Method: X-ray Irradiation, ETO Sterilization, Gamma Sterilization, E-beam Sterilization, Steam Sterilization
•By Mode of Delivery: On-Site Sterilization Services, Off-Site Sterilization Services
•By End-User: Hospitals And Clinics, Medical Device Companies, Pharmaceutical And Biotechnology Companies, Other End Users

Which Region Leads The Sterilization Services Market?
North America was the largest region in the sterilization services market in 2024. The regions analyzed in this reports include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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What Is Covered In The Sterilization Services Market Report?
- Market Size Analysis: Analyze the Sterilization Services Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Sterilization Services Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Sterilization Services Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Sterilization Services Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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