Global Sterilization Equipment Market 2022-2026

Global Sterilization Equipment Market 2022-2026

Technavio has been monitoring the sterilization equipment market and it is poised to grow by $ 3.70 bn during 2022-2026 progressing at a CAGR of 7.93% during the forecast period. Our report on the sterilization equipment market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis of the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by strategic initiatives of market players, rising incidence of HAIs, and growth in the Pharmaceutical and Biotechnology Industries.

The sterilization equipment market analysis includes product segment and geographic landscape.

Technavio's sterilization equipment market is segmented as below:

By Product

• low-temperature sterilizers
• heat sterilizers
• sterile membrane filters
• radiation sterilization devices

By Geographical Landscape

• North America
• APAC
• Europe
• Rest of World (ROW)

This study identifies the growing number of surgical procedures as one of the prime reasons driving the sterilization equipment market growth during the next few years. Also, the rising demand for reusable medical devices and the growing focus on food sterilization and disinfection will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the sterilization equipment market covers the following areas:

• Sterilization equipment market sizing
• Sterilization equipment market forecast
• Sterilization equipment market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading sterilization equipment market vendors that include 3M Corp., ACMAS Technologies Pvt. Ltd., Andersen Sterilizers, C.B.M. S.r.l. Medical Equipment, Cantel Medical., Cardinal Health Inc., Continental Equipment Co, Cosmed Group, De Lama Spa, Fortive Corp., Getinge AB, Merck KGaA, MMM Group, Noxilizer Inc., Sotera Health Co., Steelco SpA, STERIS Plc, Stryker Corp., Systec GmbH, Tuttnauer, and YATHERM SCIENTIFIC. Also, the sterilization equipment market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Companies Mentioned

3M Corp., ACMAS Technologies Pvt. Ltd., Andersen Sterilizers, C.B.M. S.r.l. Medical Equipment, Cantel Medical., Cardinal Health Inc., Continental Equipment Co, Cosmed Group, De Lama Spa, Fortive Corp., Getinge AB, Merck KGaA, MMM Group, Noxilizer Inc., Sotera Health Co., Steelco SpA, STERIS Plc, Stryker Corp., Systec GmbH, Tuttnauer, YATHERM SCIENTIFIC