USD 4.90 Billion
Sterilization Services Market Size, Share, Growth Analysis, By Sterilization method(Chemical Sterilization, Radiation Sterilization, Steam Sterilization, and Filtration Sterilization), By Application(Healthcare Facilities, Medical Device Manufacturers, and Pharmaceutical Industry), By Region - Industry Forecast 2024-2031
Report ID:
SQMIG35E2022 |
Region:
Global |
Published Date: April, 2024
Pages:
219
|Tables:
64
|Figures:
75
Sterilization Services Market Insights
Global Sterilization Services Market size was valued at USD 4.90 Billion in 2022 and is poised to grow from USD 5.15 Billion in 2023 to USD 7.73 Billion by 2031, at a CAGR of 5.20% during the forecast period (2024-2031).
Sterilization services are a means of getting rid of undesirable germs from the environment. In sterilization services, viruses, bacteria, and spores are eliminated by physical or chemical means. The potential of cross-infection from medical equipment, patient surfaces and skin, healthcare personnel, and pharmaceutical or other product contamination has significantly grown in hospitals and other healthcare institutions. Sterilization services are therefore the best way to stop bacteria from growing. Ethylene oxide (ETO), gamma, and e-beam sterilization are among the several kinds of sterilization services.
The major factors propelling the global sterilization services market are the rise in hospital-acquired infection rates, the increase in surgical procedures requiring high-intensity infection prevention and control, and the rise in chronic illnesses like diabetes, cancer, heart obesity, and respiratory disorders. The market for sterilization services is also anticipated to grow because of the growing demand for sterilization services in clinics and hospitals, technological developments in sterilization equipment, and an increase in the outsourcing of sterilization services by pharmaceutical and medical device companies as well as hospitals. However, it is anticipated that worries about the security of reprocessed instruments will limit market expansion.
US Sterilization Services Market is poised to grow at sustainable CAGR for the next forecast year.
Market Snapshot - 2024-2031
Global Market Size
Largest Segment
chemical sterilization
Fastest Growth
chemical sterilization
Growth Rate
5.20% CAGR
Global Sterilization Services Market ($ Bn)
Country Share by North America (%)
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Sterilization Services Market Segmental Analysis
Global Sterilization Services Market is segmented by sterilization method, application, and region. Based on sterilization method, the market can be segmented into chemical sterilization, radiation sterilization, steam sterilization, and filtration sterilization. Based on application, the market is segmented into healthcare facilities, medical device manufacturers, and pharmaceutical industry. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Sterilization Services Market Analysis by Method
As per categorization by method, the market is classified as ethylene oxide (ETO) sterilization, gamma sterilization, e-beam sterilization, and other methods. Among these, Ethylene oxide (ETO) sterilization earned the largest share and continues to dominate the market. One of the most popular methods that has been adopted by most of the countries of the world for sterilizing services offered by industrial plants is the ethylene oxide (EtO) method and this is due to its application in sterilizing medical devices and equipment that are heat sensitive. More recent developments have sought to enhance the processes associated with the sterilization of EtO, making them more effective and reducing cycle times while eliminating the potential for contamination. The fact that ETO can easily penetrate difficult shapes and does not react with most of the materials used, makes it favorable for most applications in the healthcare sector. In addition, the improvement of monitoring technologies ensures safety and compliance with regulatory requirements, and this helps to maintain its leading position in the market.
E-beam sterilization is poised to be the fastest-growing method in the global sterilization services market due to its rapid processing times and effectiveness against a wide range of pathogens. This technology has numerous benefits including low chemical residue making it usable for delicate medical instruments. Also, the properties of e-beam sterilization make it suitable for the growing needs in the healthcare and pharmaceutical sectors: it is easily scalable and works well with high volumes. As the restrictions become more stringent, e-beam’s environmentally friendly nature becomes more appealing to the manufacturers.
Sterilization Services Market Analysis by End User
Pharmaceutical and medical device companies are driving innovation in the global sterilization services market by adopting advanced sterilization technologies that ensure product safety and compliance with stringent regulations. The market leaders exhibit an ever-increasing emphasis on quality management and patient safety, making their potential customers demand effective sterilization solutions. For instance, low-temperature sterilization technologies and real-time monitoring systems improve efficiency and effectiveness of processes. These verticals are still at the cutting edge of sterilization technologies as these sectors have a continuous increasing demand for safe, sterile products.
Hospitals and clinics are predicted to be the most revenue-generating segment in the global sterilization services market owing to the rising focus on infection control and safety in the patient. The rising prevalence of healthcare-associated infections (HAIs) is also raising the need for sterilization for the safe performance of surgical procedures and use of medical devices. Moreover, new innovations in sterilization technique such as automation and better monitoring systems allow healthcare institutions to work and adhere to high regulatory expectations with increased efficiency which contributes positively towards the growth of the market.
Global Sterilization Services Market By Method (%)
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Sterilization Services Market Regional Insights
Asia Pacific is dominating the global sterilization services market due to rapid industrialization, increasing healthcare expenditure, and a growing emphasis on patient safety. The healthcare infrastructure in countries such as China and India are growing at a rapid pace and hence there is an increasing requirement for high-end sterilization equipment in hospitals and clinics. Furthermore, awareness regarding infection control especially after COVID-19 has also contributed to the growing demand for effective sterilization solutions. Further, this region has numerous manufacturers of medicines and medical apparatus, together with the supportive policies of the governments, promotes the growth of the market potential thus making Asia Pacific easily the dominant the global sterilization services market.
North America is emerging as the fastest-growing region in the global sterilization services market, primarily driven by stringent regulatory standards and a strong focus on patient safety. The sophisticated healthcare system within the region, together with the growing funding on inventive sterilization methods, improves the efficacy and functionality of the sterilization procedures. In addition to this, the growing incidence rate of healthcare-associated infections (HAIs) has resulted in an upsurge in the need for dependable sterilization systems in the hospitals, clinics, and pharmaceutical organizations. The presence of leading market players and continuous research and development activities in the field of sterilization also contribute to North America's rapid growth, solidifying its position as a market leader.
Global Sterilization Services Market By Geography
- Largest
- Fastest
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Sterilization Services Market Dynamics
Sterilization Services Market Drivers
Increasing Demand for Infection Control
- Healthcare-associated infections (HAIs) are on the rise, and that is one of the factors pushing the demand for the global sterilization services market upwards globally. With the patient safety concerns, there is a need for effective sterilizing methods in order to minimize the chances of infection. Therefore, this needs for effective measures against infection drives the use of various advanced sterilization technologies in health care facilities.
Stringent Regulatory Standards
- Stringent regulatory requirements imposed by health authorities are another critical driver of the global sterilization services market. Regulatory compliance guarantees that medical equipment and drugs are safe for use by the patients. As a result, both the producers and the medical practitioners have to use efficient sterilization techniques which in turn expand the market and encourage developments in sterilization services.
Restraints
Complexity of Sterilization Processes
- Complicated sterilization methods can hinder the expansion of the global sterilization services market by imposing difficulties in execution and compliance. Several healthcare centers may experience problems in the systemization of processes, conducting appropriate staff training, and managing the tools and appliances involved, which will lead to inconsistencies in sterilization results and further operational threats.
Environmental Concerns and Regulations
- Sterilization services market growth is also hampered by increasing environmental issues concerning various sterilization agents, namely ethylene oxide. In several cases, due to strict environmental laws, the use of certain chemicals may be restricted causing the healthcare providers to look for other options. This can often be problematic; without proper sterilization, the practice of these ‘greener’ methods would be undesirable.
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Sterilization Services Market Competitive Landscape
The competition in the global sterilization services market is majorly because of a few players enhancing innovation as well as efficiency. Some of the largest companies, such as Sterigenics International, Getinge AB and 3M are concentrating on enlarging their range of services and improving sterilization techniques and technology. Additionally, firms like STERIS plc and Belimed AG are investing in research and development to enhance sterilization efficacy and compliance with stringent regulatory standards, thereby positioning themselves as leaders in the evolving market.
Sterilization Services Market Top Player’s Company Profiles
- Steris (US)
- 3M Company (US)
- Johnson & Johnson (US)
- Cantel Medical Corporation (US)
- Getinge AB (Sweden)
- Stryker Corporation (US)
- MMM Group (Germany)
- Advanced Sterilization Products (US)
- Belimed (Switzerland)
- Matachana Group (Spain)
- Andersen Products (US)
- STERIS Applied Sterilization Technologies (US)
- Ecolab Inc. (US)
- Tuttnauer (Israel)
- Beta Star Life Science Equipment (US)
- Consolidated Sterilizer Systems (US)
- Matachana (Spain)
- TSO3 Inc. (Canada)
- Diversey, Inc. (US)
- Sakura Global Holding Company (Japan)
Sterilization Services Market Recent Developments
- In September 2024, Sterigenics International announced the expansion of its sterilization facility in Atlanta, Georgia. Users of this inventive process can expect that sterilization cycles will be able to be tracked and reported in real time, thus improving the efficiency and safety of overall sterilization processes. The mention of this system is destined for compliance enhancement in the particular industry.
- In August 2024, STERIS plc announced the launch of a new automated sterilization monitoring system focused on improving the sterilization process in practice. This new technology permits the use of real-time tracking and reporting of sterilization cycle, which increases efficiency and safety. The system is also intended to enhance adherence to industry regulatory guidelines.
- In July 2024, U.S. multi-industry manufacturing conglomerate, 3M Company has developed a new sterile processing indicator for steam sterilization. This advancement comprises improved color-change technology which enables health care providers to obtain more rapid and dependable results. The new sterilization indicator is designed to enhance productivity and promote safety within medical facilities’ sterilization practices.
Sterilization Services Key Market Trends
- Shift Towards Environmentally Friendly Sterilization Methods: The global sterilization services market is witnessing a shift towards eco-friendly sterilization methods such as hydrogen peroxide and ozone sterilization. These approaches reduce chemical residues and environmental pollution which as a result is able to cope with the growing regulatory requirements and consumer preference about the sustainable nature of healthcare and pharmaceutical practices.
- Integration of Advanced Technologies: Modernizing sterilization services market, the uptake of new technologies, such as automation, artificial intelligence, and real-time monitoring systems is marked by higher efficiency of processes, better adherence to regulatory requirements, and the ability of the healthcare system to control infections to a very high level. This, in turn, accelerates growth as well as competition in the market.
Sterilization Services Market SkyQuest Analysis
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
As per SkyQuest analysis, in conclusion, the global sterilization services market plays a crucial role in maintaining hygiene and safety in healthcare settings. The increasing incidence of healthcare-associated infections and stringent regulatory standards are driving the demand for effective sterilization methods, with Ethylene oxide (ETO) and E-beam sterilization leading the way.
It also enhances the market dynamics, the increase in the number of pharmaceutical companies and medical device companies alongside the increased focus on infection control within hospitals and clinics. Although certain factors such as environmental issues and complicated methods present a hindrance, the continuous innovations and improvements put the global sterilization services market in the scope of progress and efficiency in the enhancement of public health.
| Report Metric | Details |
|---|---|
| Market size value in 2022 | USD 4.90 Billion |
| Market size value in 2031 | USD 7.73 Billion |
| Growth Rate | 5.20% |
| Base year | 2023 |
| Forecast period | 2024-2031 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
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| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Sterilization Services Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Sterilization Services Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Sterilization Services Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Sterilization Services Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Sterilization Services Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Sterilization Services Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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