Global Sterilization Equipment Market size was valued at USD 8.5 Billion in 2024 and is expected to reach USD 18.6 Billion by 2033, at a CAGR of 9.3% during the forecast period 2024 – 2033.
Sterilization Equipment Market: Overview
Sterilization equipment is a collection of appliances and systems used to remove or destroy microorganisms such as viruses, fungi, bacteria, and spores from surfaces, tools, equipment, and other things. Sterilization equipment includes autoclaves, UV sterilizers, ethylene oxide (EtO) sterilizers, peroxide vapour (HPV) systems, and filtering units.
One notable global trend in the sterilization equipment industry is the growing demand for a low temperature sterilization solution. This trend originates from the necessity to sterilize heat-sensitive medical instruments, such as endoscopic instruments and electronics, while maintaining their integrity and performance.
Low-temperature sterilization technologies, such as hydrogen peroxide gas plasma, ethylene dioxide, and vaporized hydrogen peroxide, effectively reduce microbial contamination while minimizing the danger of harm to delicate equipment.
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Furthermore, there is an increasing emphasis on sustainable sterilization techniques that minimize the environmental effects and occupational health concerns associated with previous procedures. In addition, advances in sterilization tracking and validation technology are gaining popularity to assure the efficiency and compliance of sterilization procedures.
By product, the low-temperature sterilizers segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Low-temperature sterilizers are preferred because of their capacity to properly sterilize heat-sensitive medical devices, which expands sterilization abilities while satisfying demanding regulatory standards in a variety of healthcare settings.
By service, the ethylene oxide sterilization segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Ethylene oxide sterilization dominates the sterilization equipment market owing to its efficacy in sterilizing heat-sensitive medical equipment and materials, resulting in an essential approach in healthcare institutions and enterprises throughout the world.
By end user, the hospitals and clinics segment held the highest market share in 2023 and is expected to keep its dominance during the forecast period 2024-2033. Hospitals and clinics dominate the sterilization equipment sector mainly due to the vital necessity of providing sterile environments to safeguard patient safety and avoid healthcare-associated illnesses.
CMI has comprehensively analyzed the Global Sterilization Equipment market. The driving forces, restraints, challenges, opportunities, and key trends have been explained in depth to depict the in-depth scenario of the market. Segment wise market size and market share during the forecast period are duly addressed to portray the probable picture of this Global Sterilization Equipment industry.
The competitive landscape includes key innovators, after market service providers, market giants as well as niche players are studied and analyzed extensively concerning their strengths, weaknesses as well as value addition prospects. In addition, this report covers key players profiling, market shares, mergers and acquisitions, consequent market fragmentation, new trends and dynamics in partnerships.
List of the prominent players in the Sterilization Equipment Market:
- Steris Corporation
- Getinge AB
- 3M Company
- Belimed AG
- Matachana Group
- MMM Group
- Cantel Medical Corp.
- Advanced Sterilization Products
- STERIZON LLC
- Johnson & Johnson
- Sotera Health
- Tuttnauer
- MELAG Medizintechnik GmbH & Co. KG
- Sterigenics International LLC
- Braun Melsungen AG
- Beta Star Life Science Equipment
- Anderson Products Inc.
- E-Beam Services Inc.
- CISA Group
- Consolidated Sterilizer Systems
- Others
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