Global Sterilization Equipment Market Overview And Prospects – Includes Sterilization Equipment Market Growth
Learn about the global sterilization equipment market through The Business Research Company, which provides information on sterilization equipment market size, sterilization equipment market drivers and restraints, sterilization equipment market players, the COVID-19 impact on the sterilization equipment market, and more.
The global sterilization market size is expected to grow from $9.57 billion in 2021 to $10.74 billion in 2022 at a compound annual growth rate (CAGR) of 12.2%. The global sterilization market size is expected to reach $15.74 billion in 2026 at a CAGR of 10%.
The rising incidences of hospital-acquired infections are significantly contributing to the growth of the sterilization equipment market going forward.
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The sterilization equipment market consists of the sales of sterilization equipment by entities (organizations, sole traders, and partnerships) that are used for sterilization and cleaning of different medical equipment to prevent infections and reduce the spread of diseases. Sterilization is a process of the complete elimination of all forms of microbial life, including bacteria, viruses, fungi, and spores on the surface of an item or in the fluid to prevent disease transmission related to the usage of an object. Sterilization equipment, such as steam sterilizers, sterilization systems, control systems, composite trays among others, plays a vital role in the sterilization of reusable medical devices and instruments by controlling and destroying microbial development and preventing the spread of diseases through medical devices and surgical tools to ensure the safety of patients, medical practitioners, and the environment.
Global Sterilization Equipment Market Segments Include:
By Product: Sterilization Indicators, Detergents, Pouches, Lubricants, Sterilization Accessories
By Equipment: High-Temperature Sterilization, Low-Temperature Sterilization, Filtration Sterilization, Lonizing Radiation Sterilization
By End User: Pharmaceutical Companies, Hospitals And Clinics, Medical Device Companies, Food And Beverage Companies, Other End Users
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America was the largest region in the sterilization equipment market in 2021.
The introduction of new sterilization instruments by key manufacturers is to bring speed, simplicity, and compliance to sterilization processing which is a major trend in the sterilization equipment market. Major companies operating in the sterilization equipment market are focused on introducing new equipment to meet consumer demand.
Major Market Players: STERIS, Getinge AB, 3M, Cardinal Health, Fortive Corporation, Stryker Corporation, Cantel Medical, MMM Group, Merck KGaA, Matachana Group, Systec GmbH, Metall Zug Group, Tuttnauer, DE LAMA S.P.A., Life Science Outsourcing Inc., and Midwest Sterilization Corporation.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Sterilization Equipment Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026 is one of a series of new reports from The Business Research Company that provides sterilization equipment market overviews, analyzes and forecasts market size, share, sterilization equipment market players, sterilization equipment market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s sterilization equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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