Global Sterilization Equipment Market Size Study & Forecast, by Product Type, by End-user, and Regional Analysis, 2023-2030

Description

List of Tables

Global Sterilization Equipment Market is valued at approximately USD 9.31 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 9.7% during the forecast period 2023-2030. Sterilization equipment encompasses instruments and machinery designed to eradicate all living organisms, such as bacteria, viruses, fungi, and spores, from surfaces or objects. This essential process mitigates the risk of infection or contamination and holds significance in diverse settings, including hospital & specialty clinics, pharmaceutical & medical device manufacturers, and so on. The Sterilization Equipment Market is expanding because of factors such as the rising geriatric population and increasing incidence of chronic diseases, the growing focus on food sterilization and disinfection, and the growing number of surgical procedures, coupled with the increasing outsourcing of sterilization services by pharmaceutical companies and hospitals.

In addition, the rising incidence of hospital-acquired infections is acting as a catalyzing factor for market growth across the globe. The global prevalence of Hospital-Acquired Infections (HAI), including conditions such as sepsis, Urinary Tract Infections (UTI), and surgical infections, is witnessing a significant rise. Sepsis, a critical medical condition, stands as a prominent cause of mortality in hospital settings. Annually, as reported by the Centers for Disease Control and Prevention (CDC), at least 1.7 million adults in the United States experience sepsis, leading to the loss of nearly 270,000 lives. Also, as per the UK Sepsis Trust, it was estimated that in the UK the incidence of Sepsis accounts for around 360 cases per 100,000 population per year, which indicates the fatalities of nearly 20% and with patients presenting early being around half as likely to die than those presenting late. Hospital-acquired infections often result from the use of non-sterilized medical equipment such as catheters, contributing to elevated mortality rates and raising concerns about patient safety. To address this issue, various government regulatory bodies globally have introduced guidelines to control the prevalence of these infections. For instance, in the United States, the Health and Human Services (HHS) Steering Committee was established to prevent hospital-acquired infections. This committee, along with program officials and scientists across HHS, formulated an Action Plan aimed at preventing HAI in acute care hospitals. Thus, the escalating prevalence of hospital-acquired infections and the increasing implementation of government initiatives to curb their spread are driving the demand for sterilization systems, consequently propelling the growth of the sterilization equipment market during the estimated period. Moreover, the surge in the use of single-use medical nonwovens and devices, as well as the increasing adoption of sterilization using NO2 present various lucrative opportunities over the forecast years. However, the unavailability of skilled professionals and the adverse effects of chemical disinfectants are challenging the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Sterilization Equipment Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the favorable reimbursement policies, along with an increasing incidence of hospital-acquired infections. The region's stringent regulatory policies, exemplified by the Patient Protection and Affordable Care Act, mandate the use of sterilization equipment in healthcare facilities, contributing to anticipated market growth throughout the forecast period. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecast years. The growing need to reduce hospital-acquired infections, the expanding demand for non-disposable medical equipment, and the growing awareness of cleanliness in hospitals and clinics are significantly propelling the market demand across the region. Moreover, the growing investment by pharmaceutical and biotechnology companies for novel therapeutics development and rising awareness regarding infectious diseases in healthcare settings are the further factors that are accelerating the market expansion over the anticipated years.

Major market players included in this report are:

STERIS (U.S.)
Getinge AB (Sweden)
ASP India Private Ltd. (U.S.)
3M (U.S.)
Cardinal Health (U.S.)
MMM Group (Germany)
MATACHANA (Spain)
Andersen Sterilizers (U.S.)
Noxilizer Inc. (U.S.)
Continental Equipment Company (U.S.)

Recent Developments in the Market:

In May 2022, Sterigenics S.A.S., a subsidiary of Sotera Health Company, enhanced its electron beam ("E-beam") facility located in Columbia City, Indiana. This facility plays a crucial role in safeguarding the integrity and safety of medical devices and drug products.
In March 2023, Getinge AB completed the acquisition of Ultra Clean Systems Inc., a manufacturer specializing in ultrasonic cleaning technologies. This strategic move was undertaken to strengthen and expand Getinge's product portfolio in the North American market.
In September 2021, Steris introduced integrated systems for Vaporized Hydrogen Peroxide (VHP) biodecontamination, designed to achieve a substantial reduction in 6-log bioburden. This innovation is tailored for use in GMP biopharmaceutical settings, research laboratories, and medical device environments.

Global Sterilization Equipment Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product Type, End-user, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type:

Thermal Sterilizers
Chemical/Gas Sterilizers
Others

By End-user:

Hospital & Specialty Clinic
Pharmaceutical & Medical Device Manufacturers
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Sterilization Equipment Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Sterilization Equipment Market, by Product Type, 2020-2030 (USD Billion)
- 1.2.3. Sterilization Equipment Market, by End-user, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Sterilization Equipment Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Sterilization Equipment Market Dynamics

3.1. Sterilization Equipment Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing outsourcing of sterilization services by pharmaceutical companies and hospitals
  - 3.1.1.2. Rising incidences of hospital-acquired infections
- 3.1.2. Market Challenges
  - 3.1.2.1. Unavailability of skilled professionals
  - 3.1.2.2. Adverse effects of chemical disinfectants
- 3.1.3. Market Opportunities
  - 3.1.3.1. Surge in use of single-use medical nonwovens and devices
  - 3.1.3.2. Increasing adoption of sterilization using NO2

Chapter 4. Global Sterilization Equipment Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Sterilization Equipment Market, by Product Type

5.1. Market Snapshot
5.2. Global Sterilization Equipment Market by Product Type, Performance - Potential Analysis
5.3. Global Sterilization Equipment Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
5.4. Sterilization Equipment Market, Sub Segment Analysis
- 5.4.1. Thermal Sterilizers
- 5.4.2. Chemical/Gas Sterilizers
- 5.4.3. Others

Chapter 6. Global Sterilization Equipment Market, by End-user

6.1. Market Snapshot
6.2. Global Sterilization Equipment Market by End-user, Performance - Potential Analysis
6.3. Global Sterilization Equipment Market Estimates & Forecasts by End-user 2020-2030 (USD Billion)
6.4. Sterilization Equipment Market, Sub Segment Analysis
- 6.4.1. Hospital & Specialty Clinic
- 6.4.2. Pharmaceutical & Medical Device Manufacturers
- 6.4.3. Others

Chapter 7. Global Sterilization Equipment Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Sterilization Equipment Market, Regional Market Snapshot
7.4. North America Sterilization Equipment Market
- 7.4.1. U.S. Sterilization Equipment Market
  - 7.4.1.1. Product Type breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. End-user breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Sterilization Equipment Market
7.5. Europe Sterilization Equipment Market Snapshot
- 7.5.1. U.K. Sterilization Equipment Market
- 7.5.2. Germany Sterilization Equipment Market
- 7.5.3. France Sterilization Equipment Market
- 7.5.4. Spain Sterilization Equipment Market
- 7.5.5. Italy Sterilization Equipment Market
- 7.5.6. Rest of Europe Sterilization Equipment Market
7.6. Asia-Pacific Sterilization Equipment Market Snapshot
- 7.6.1. China Sterilization Equipment Market
- 7.6.2. India Sterilization Equipment Market
- 7.6.3. Japan Sterilization Equipment Market
- 7.6.4. Australia Sterilization Equipment Market
- 7.6.5. South Korea Sterilization Equipment Market
- 7.6.6. Rest of Asia Pacific Sterilization Equipment Market
7.7. Latin America Sterilization Equipment Market Snapshot
- 7.7.1. Brazil Sterilization Equipment Market
- 7.7.2. Mexico Sterilization Equipment Market
7.8. Middle East & Africa Sterilization Equipment Market
- 7.8.1. Saudi Arabia Sterilization Equipment Market
- 7.8.2. South Africa Sterilization Equipment Market
- 7.8.3. Rest of Middle East & Africa Sterilization Equipment Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. STERIS (U.S.)
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Getinge AB (Sweden)
- 8.3.3. ASP India Private Ltd. (U.S.)
- 8.3.4. 3M (U.S.)
- 8.3.5. Cardinal Health (U.S.)
- 8.3.6. MMM Group (Germany)
- 8.3.7. MATACHANA (Spain)
- 8.3.8. Andersen Sterilizers (U.S.)
- 8.3.9. Noxilizer Inc. (U.S.)
- 8.3.10. Continental Equipment Company (U.S.)

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Sterilization Equipment Market, report scope
TABLE 2. Global Sterilization Equipment Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Sterilization Equipment Market estimates & forecasts by Product Type 2020-2030 (USD Billion)
TABLE 4. Global Sterilization Equipment Market estimates & forecasts by End-user 2020-2030 (USD Billion)
TABLE 5. Global Sterilization Equipment Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 6. Global Sterilization Equipment Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Sterilization Equipment Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Sterilization Equipment Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Sterilization Equipment Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Sterilization Equipment Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Sterilization Equipment Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Sterilization Equipment Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Sterilization Equipment Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Sterilization Equipment Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. U.S. Sterilization Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 17. U.S. Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. Canada Sterilization Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Canada Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. UK Sterilization Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 22. UK Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. Germany Sterilization Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 25. Germany Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. France Sterilization Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 28. France Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. Italy Sterilization Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 31. Italy Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Spain Sterilization Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 34. Spain Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. RoE Sterilization Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 37. RoE Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. China Sterilization Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 40. China Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. India Sterilization Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 43. India Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. Japan Sterilization Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 46. Japan Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. South Korea Sterilization Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 49. South Korea Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. Australia Sterilization Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 52. Australia Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. RoAPAC Sterilization Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 55. RoAPAC Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. Brazil Sterilization Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 58. Brazil Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Mexico Sterilization Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 61. Mexico Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. RoLA Sterilization Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 64. RoLA Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. Saudi Arabia Sterilization Equipment Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 67. South Africa Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoMEA Sterilization Equipment Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. List of secondary sources, used in the study of global Sterilization Equipment Market
TABLE 70. List of primary sources, used in the study of global Sterilization Equipment Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Sterilization Equipment Market, research methodology
FIG 2. Global Sterilization Equipment Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Sterilization Equipment Market, key trends 2022
FIG 5. Global Sterilization Equipment Market, growth prospects 2023-2030
FIG 6. Global Sterilization Equipment Market, porters 5 force model
FIG 7. Global Sterilization Equipment Market, pest analysis
FIG 8. Global Sterilization Equipment Market, value chain analysis
FIG 9. Global Sterilization Equipment Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Sterilization Equipment Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Sterilization Equipment Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Sterilization Equipment Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Sterilization Equipment Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Sterilization Equipment Market, regional snapshot 2020 & 2030
FIG 15. North America Sterilization Equipment Market 2020 & 2030 (USD Billion)
FIG 16. Europe Sterilization Equipment Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Sterilization Equipment Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Sterilization Equipment Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Sterilization Equipment Market 2020 & 2030 (USD Billion)