Sterilization Equipment Market Analysis and Forecast to 2032: By Product (Heat Sterilization, {Depyrogenation Oven, Steam Autoclaves}, Low Temperature Sterilizers {Ethylene Oxide Sterilizers, Hydrogen Peroxide sterilizers}, Sterile membrane Filters, Radia

Sterilization Equipment Market Analysis and Forecast to 2032: By Product (Heat Sterilization, {Depyrogenation Oven, Steam Autoclaves}, Low Temperature Sterilizers {Ethylene Oxide Sterilizers, Hydrogen Peroxide sterilizers}, Sterile membrane Filters, Radiation Sterilization Devices, {Electron Beam, Gamma Rays}, Consumables & Accessories), End-use (Hospital & Clinics, Biotech and Pharmaceutical Companies, Food and Beverage Industry) and Region

The global sterilization equipment market was valued at USD 4.2 billion in 2021 and it is anticipated to grow up to USD 9.8 billion by 2031, at a CAGR of 8.8% during the forecast period.

Sterilization equipment is used in healthcare facilities to eliminate pathogenic microorganism like viruses, bacteria, fungi and spores from the surface of an article. It is widely utilized in autoclave machines, clean in place(CIP) systems, ultraviolet chambers and steam, dry and heat and liquid chemical process to prevent the risk of cross contamination and ensure the safety of staff and patient.

Global Sterilization Equipment Market Scope and Report Structure

Market Trends and Drivers

Growing prevalence of hospital-acquired infections (HAIs) will positively impact the market growth during the forecast period. Hospital-acquired infections (HAIs) are nosocomial infections that occur during a patients stay at hospitals and related facilities and are not observed at the time of admission. Over the years, they have become a major cause of morbidity and mortality worldwide. The most common bacteria associated with HAIs include C. difficile, MRSA, Klebsiella, E. coli, Enterococcus, and the Pseudomonas species. Using infected medical devices during diagnostic and therapeutic procedures is a major cause of HAIs. According to the Centers for Disease Control and Prevention (CDC), up to 1.7 million hospitalized patients in the US annually acquire healthcare-associated infections (HCAIs) while being treated for other health issues, and more than 98,000 of these patients (one in 17) die due to HCAIs.

Market Restraints and Challenges

Concerns regarding the safety of reprocessed instruments may restraint the market growth. Healthcare providers reprocess reusable medical devices to save money and reduce waste. Examples of reusable medical devices include surgical forceps, endoscopes, and stethoscopes. However, there are concerns about the safety and performance of reprocessed devices. Inadequate cleaning and sterilization of instruments can result in the retention of blood, tissue, and other biological debris in reusable devices, which increases the risk of surgical-site infections (SSIs) in patients. The debris can allow microbes to survive the subsequent disinfection or sterilization process, which could then lead to HAIs. Inadequate reprocessing can also result in other adverse patient outcomes, such as tissue irritation from residual reprocessing materials such as chemical disinfectants. These factors are limiting the acceptance of reprocessing among hospital administrators and physicians.

Global Sterilization Equipment Market Segmental Overview

The report analyses the global sterilization equipment market based on product, end use, and region.

Global Sterilization Equipment Market by Product

Based on product, it is segmented into heat sterilization, low temperature sterilizers, sterile membrane filters, radiation sterilization devices, and consumables & accessories. The low temperature sterilization segment accounted for the largest share of the global sterilization equipment market in 2021. This is due to the increasing incidence of infectious disease coupled with increasing need for sterilization of heat and moisture sensitive equipment with complex design. This technique involve ETO sterilization, hydrogen peroxide gas plasma. Additionally, the use of expensive complex, and delicate medical instrument that are difficult to sterilize is fueling the demand.

Global Sterilization Equipment Market by End-use

Based on end-use, it is segmented into hospital & clinics, biotech and pharmaceutical companies, food and beverage industry and others. The hospitals & clinics segment was the major shareholder in the sterilization services market, owing to surge in prevalence of hospital-acquired infections (HAIs), increase in number of pharmaceutical companies, rise in adoption of single-use medical devices, and increase in outsourcing of sterilization services among pharmaceutical & medical device companies across the globe.

Geographical Analysis of Global Sterilization Equipment Market

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. North America dominated the sterilization services market and accounted for the largest revenue share in 2021 and expected to witness considerable growth over the forecast period. Growing demand and adoption of sterilization services because of the rising focus on healthy lifestyles and disease prevention among consumers. A surge in the geriatric population in the coming years and the subsequent increase in the prevalence of chronic diseases, the need for sterilization services to minimize the prevalence of HAIs, and implementation of favorable government initiatives and stringent regulations for sterilization services are also propelling the sterilization services market in the region.

Major Players in the Global Sterilization Equipment Market

The key players in the market are Getinge AB (Sweden), STERIS Plc (U.S.), 3M (U.S.), Sotera Health. (U.S.), Fortive (U.S.), Cardinal Health (U.S.), Metall Zug Group (Switzerland), Stryker (U.S.), Merck KGaA (Germany), MMM Group (Germany) and among others.

COVID-19 Impact

In the wake of the COVID-19 pandemic, there is increasing demand for sterilization equipment and services due to growing cases of HAIs in hospital settings. Increasing number of hospitals and healthcare expenditure in North America are some of the major factors driving the demand for sterilization equipment. Furthermore, with the current COVID-19 pandemic wreaking havoc across the globe, various measures are being taken by companies as well as government bodies to drive market growth. For instance, the FDA has recommended that Sterigenics should reopen its ethylene oxide-based sterilization plant in the US. The plant had been shut due to harmful emissions, which were believed to be carcinogenic. In March 2020, the company received permission to reopen the plant for 21 days to sterilize PPE for healthcare workers to use during the COVID-19 pandemic. Such developments are anticipated to drive the growth of this market.

Recent Developments

In February 2022, CENTERPIECE continued to expand ETO sterilization capacity

In January 2022, Boulder iQ division increased sterilization capacity for medical device product

In June 2021, STERIS acquired Cantel to diversity its vast portfolio of sterilization instrument and services

In October 2020, Getinge launched Getinge Solsus 66 steam sterilizer for hospital and surgical instrument with increased capacity and operational reliability compared to other sterilizers.

Frequently Asked Questions

Q1. How big is the sterilization equipment market market?

Ans. The global sterilization equipment market size was USD 4.2 billion in 2021 and is anticipated to reach USD 9.8 billion in 2031, growing at a rate of 8.8% from 2022 to 2032.

Q2. What is the sterilization equipment market growth rate?

Ans. The growth rate of the sterilization equipment market is 8.8%.

Q3. Which region holds a major market share for the sterilization equipment market?

Ans. North America holds a major market share of the sterilization equipment market in 2021.

Q4. Which segment accounted for the largest sterilization equipment market share?

Ans. By end user, the healthcare segment accounted for the largest sterilization equipment market share.

Q5. Who are the key players in the stoma/ostomy care market?

Ans. The global sterilization equipment market report includes players such as Getinge AB (Sweden), STERIS Plc (U.S.), 3M (U.S.), Sotera Health. (U.S.), Fortive (U.S.), Cardinal Health (U.S.), Metall Zug Group (Switzerland), Stryker (U.S.), Merck KGaA (Germany), MMM Group (Germany) and among others.

Q6. What are the factors driving the sterilization equipment market growth?

Ans. The major factors driving the growth of the market are the rising demand for sterilization equipment in hospitals and other healthcare facilities across the globe.

Q7. What are the key growth strategies of sterilization equipment market players?

Ans. The key growth strategies of sterilization equipment market players are product launch and product approval.

Q8. Which region will provide more business opportunities for the sterilization equipment market during the forecast period?

Ans. The Asia-Pacific region will provide more business opportunities for the sterilization equipment market during the forecast period.

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