U.S. Sterilization Services Market Size, Share & Trends Analysis Report By Service Type (Contract Sterilization Services, Validation Sterilization Services), By Delivery Mode (Offsite, Onsite), And Segment Forecasts, 2024 - 2030
U.S. Sterilization Services Market Size, Share & Trends Analysis Report By Service Type (Contract Sterilization Services, Validation Sterilization Services), By Delivery Mode (Offsite, Onsite), And Segment Forecasts, 2024 - 2030
U.S. Sterilization Services Market Growth & Trends
The U.S. sterilization services market size is anticipated to reach USD 2.71 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 10.91% from 2024 to 2030. It encompasses a range of activities and solutions aimed at ensuring the sterility of medical devices, equipment, and other products.
Technological advancements in sterilization methods have spurred market growth by introducing more efficient and effective solutions. These innovations include low-temperature plasma sterilization, advanced chemical sterilants, and ethylene oxide gas methods that are more effective and less harmful to sensitive medical instruments.
Regulatory bodies such as the FDA and the Occupational Safety and Health Administration (OSHA) impose strict guidelines regarding sterilization practices in healthcare settings. For instance, in November 2023, STERIS’ applied sterilization technologies were accepted into the FDA’s radiation sterilization master file pilot program, marking a significant advancement in their sterilization processes.
U.S. Sterilization Services Market Report Highlights
Based on service type, the contract sterilization services segment dominated the market with the largest revenue share of 70.29% in 2023. As healthcare providers and manufacturers seek to ensure the safety and efficacy of medical devices and pharmaceuticals without the burden of maintaining in-house sterilization capabilities, thus contract sterilization services have become an attractive option.
Based on delivery mode, the offsite segment dominated the market in 2023, accounting for 67.69% of revenue in 2023, driven by factors such as the increasing demand for cost-effective sterilization solutions, the rising adoption of contract sterilization services, and advancements in sterilization technologies.
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Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.2. Segment Definitions
1.2.1. Service Type
1.2.2. Delivery Mode
1.2.3. Estimates and forecasts timeline
1.3. Research Methodology
1.4. Information Procurement
1.4.1. Purchased database
1.4.2. GVR’s internal database
1.4.3. Secondary sources
1.4.4. Primary research
1.5. Information or Data Analysis
1.5.1. Data analysis models
1.6. Market Formulation & Validation
1.7. Model Details
1.7.1. Commodity flow analysis (Model 1)
1.7.2. Volume price analysis (Model 2)
1.8. List of Secondary Sources
1.9. List of Primary Sources
1.10. Objectives
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Service Type Outlook
2.2.2. Delivery Mode outlook
2.3. Competitive Insights
Chapter 3. U.S. Sterilization Services Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.1.2. Related/ancillary market outlook
3.2. Market Dynamics
3.2.1. Market driver analysis
3.2.1.1. Growing demand for infection control in healthcare settings
3.2.1.2. Rise in surgical procedures and medical device use
3.2.1.3. Increasing regulatory requirements
3.2.1.4. Technological advancements
3.2.2. Market restraint analysis
3.2.2.1. High operational costs
3.3. U.S. Sterilization Services Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.1.1. Supplier power
3.3.1.2. Buyer power
3.3.1.3. Substitution threat
3.3.1.4. Threat of new entrant
3.3.1.5. Competitive rivalry
3.3.2. PESTEL Analysis
3.3.2.1. Political landscape
3.3.2.2. Technological landscape
3.3.2.3. Economic landscape
Chapter 4. U.S. Sterilization Services Market: Service Type Estimates & Trend Analysis
4.1. Service Type Market Share, 2023 & 2030
4.2. Segment Dashboard
4.3. U.S. Sterilization Service by Service Type Outlook
4.4. Market Size & Forecasts and Trend Analyses, 2018 to 2030
4.4.1. Contract Sterilization Services
4.4.1.1. Contract sterilization services market estimates and forecasts 2018 to 2030 (USD Million)
4.4.2. Validation Sterilization Services
4.4.2.1. Validation sterilization services market estimates and forecasts 2018 to 2030 (USD Million)