PUBLISHER: Meticulous Research | PRODUCT CODE: 1886174
PUBLISHER: Meticulous Research | PRODUCT CODE: 1886174
Sterilization Equipment Market Size, Share, Forecast, & Trends Analysis by Offering (Equipment [Heat {Moist (Gravity, High-speed), Dry (Static Air, Forced Air)}, Low-temperature {ETO, Formaldehyde}, Radiation, Filtration] )Services - Global Forecast to 2035
According to the research report titled, 'Sterilization Equipment Market Size, Share, Forecast, & Trends Analysis by Offering (Equipment [Heat {Moist (Gravity, High-speed), Dry (Static Air, Forced Air)}, Low-temperature {ETO, Formaldehyde}, Radiation, Filtration]) Services - Global Forecast to 2035,' the sterilization equipment market is projected to reach $34.2 billion by 2035, at a CAGR of 7.4% during the forecast period 2025-2035. The report provides an in-depth analysis of the global sterilization equipment market across five major regions, emphasizing the current market trends, market sizes, recent developments, and forecasts till 2035.
Following extensive secondary and primary research and an in-depth analysis of the market scenario, the report conducts the impact analysis of the key industry drivers, restraints, opportunities, and challenges. The growth of this market is driven by the growing incidence of hospital-acquired infections, rising number of surgical procedures, growing need for sterilization in the food industry to prevent food-borne diseases, increasing demand for sterilization equipment from the pharmaceutical and biotechnology industries, and outsourcing of sterilization processes to specialized service providers in non-healthcare sectors. However, the market growth is restrained by harmful effects of ethylene oxide and concerns regarding the safety of reprocessed instruments. Moreover, the rising adoption of e-beam sterilization, growing demand for sterilization products in emerging markets, rising utilization of CO2 sterilization technology in the medical device industry, and increased focus on infection control in both healthcare and non-healthcare sectors are expected to generate growth opportunities for market stakeholders. Non-compliance with sterilization standards in the healthcare sector and the shift from reusable medical devices to disposable medical devices pose challenges to the growth of the market.
The key players operating in the sterilization equipment market are STERIS plc (U.S.), 3M Company (U.S.), Getinge AB (Sweden), Cardinal Health, Inc. (U.S.), Advanced Sterilization Products, Inc. (U.S.) (A subsidiary of Fortive Corporation), Fedegari Autoclavi SpA (Italy), Stryker Corporation (U.S.), ANTONIO MATACHANA, S. A. (Spain), Steelco-Belimed AG (Switzerland), Sotera Health Company (U.S.), Benchmark Scientific Inc (U.S.), MMM Munchener Medizin Mechanik GmbH (Germany), Tuttnauer (Netherlands), Consolidated Sterilizer Systems (U.S.), and Andersen Sterilizers, Inc. (U.S.).
The sterilization equipment market is segmented by offering (equipment [heat/steam sterilization equipment {moist heat sterilizers, dry heat sterilizers}, low-temperature sterilization equipment {hydrogen peroxide/gas plasma sterilizers, ethylene oxide sterilizers, ozone-based sterilizers, formaldehyde sterilizers, and other low-temperature sterilization equipment}, radiation sterilization equipment, and filtration sterilization equipment], services [ethylene oxide sterilization services, gamma sterilization services, e-beam sterilization services, steam sterilization services, and other sterilization services], and consumables & accessories [sterilization indicators {biological indicators and chemical indicators}, sterilants, instrument packaging & pouches, and other consumables & accessories]), end user (hospitals & clinics, medical device companies, pharmaceutical companies, food & beverage industry, diagnostic laboratories, academic and research institutes, and other end users), and geography. The study also evaluates industry competitors and analyzes the market at the country level.
Based on Offering, the equipment segment is projected to account for the largest market share of 55% in 2025. The dominance of this segment is primarily attributed to the rising incidence of hospital-acquired infections, the high adoption of sterilization equipment in the medical devices and pharmaceutical industries, and the increasing need to ensure the safety of food & beverages. However, the services segment is expected to register a significant CAGR during the forecast period, driven by outsourcing of sterilization processes to specialized service providers, rising demand for contract sterilization services, and increasing complexities in sterilization requirements across various industries.
Based on End User, the hospitals & clinics segment is expected to account for the largest share of 36% of the sterilization equipment market in 2025. This segment's substantial market share is due to the high prevalence of healthcare-acquired infections (HAIs), rising number of surgical procedures, growing demand for clean and quality healthcare facilities among people, and increasing burden of chronic diseases associated with an aging population. According to the World Health Organization (WHO), out of every 100 patients in acute care hospitals, seven patients in high-income countries and 15 patients in low- and middle-income countries will be affected by at least one healthcare-acquired infection during their hospital stay. The pharmaceutical companies segment is also expected to register strong growth during the forecast period, driven by the increasing demand for sterile manufacturing environments, growth in biologics production, and stringent regulatory requirements for pharmaceutical manufacturing.
An in-depth geographic analysis of the industry provides detailed qualitative and quantitative insights into the five major regions (North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa) and the coverage of major countries in each region. North America is projected to account for the largest share of 45% of the global sterilization equipment market in 2025. This region's dominance is attributed to the growing hospital & outpatient visits, rising number of surgical procedures, growing incidence of HAIs, increasing healthcare expenditure, growth in the pharma & biotech industries, and government initiatives to reduce HAIs and implement effective sterilization practices in the region.
However, Asia-Pacific is projected to register the highest CAGR during the forecast period. This growth is fueled by increasing investments in healthcare infrastructure, rising awareness about infection control, growing pharmaceutical and biotechnology industries, expanding medical device manufacturing sector, increasing government initiatives for healthcare quality improvement, and rising healthcare expenditure in countries such as China, India, Japan, South Korea, and Southeast Asian nations. The region's large patient population, growing middle-class population, increasing prevalence of chronic diseases, and expanding healthcare facilities are creating significant opportunities for market growth. Additionally, the increasing number of surgical procedures, growing medical tourism industry, and rising adoption of advanced sterilization technologies contribute to the market expansion in this region.
Key Questions Answered in the Report
Sterilization Equipment Market Assessment - by Offering
Equipment
Services
Consumables & Accessories
Sterilization Equipment Market Assessment - by End User
Sterilization Equipment Market Assessment - by Geography
North America
Europe
Asia-Pacific
Latin America
Middle East & Africa