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 203

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 2031

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 2031

The sterilization equipment market is expected to reach $26.77 billion by 2031, at a CAGR of 8.4% from 2024 to 2031.

This report provides the industry's key drivers, restraints, opportunities, and challenges following a comprehensive primary and secondary study and an in-depth analysis of the market scenario.

The market is propelled by the increasing prevalence of hospital-acquired infections, a rise in surgical procedures, and an escalating demand for sterilization in the food sector to mitigate food-borne diseases. Additionally, there is a growing demand for sterilization equipment from the pharmaceutical and biotechnology sectors, alongside the outsourcing of sterilization processes to specialized service providers in non-healthcare industries. However, market growth is restrained by concerns surrounding the safety of ethylene oxide and the reprocessing of instruments.

In addition, the increasing adoption of e-beam sterilization, surge in demand for sterilization products in emerging markets, strong emphasis on infection control in both healthcare and non-healthcare sectors, and the growing use of CO2 sterilization technology in the medical device industry are anticipated to create growth opportunities for market players. However, challenges such as non-compliance with sterilization standards in the healthcare sector and the transition from reusable to disposable medical devices may impede market growth.

Based on products, the consumables & accessories segment is slated to register the highest CAGR during the forecast period. Sterilization consumables and accessories play a vital role in measuring, controlling, and preventing infections, and in monitoring healthcare-associated infections (HAIs). These products offer valuable insights into trends associated with infection control and prevention initiatives, thereby driving their increased adoption.

Based on end users, the hospitals & clinics segment is expected to account for the largest share of the sterilization equipment market in 2024. This segment's large share is attributed to factors such as rising healthcare expenditures and advancements in research and development. Key drivers include improved patient outcomes, a high prevalence of HAIs, an increasing number of surgical procedures, and a growing demand for clean and high-quality healthcare facilities.

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), SteelcoBelimed AG (Switzerland), Sotera Health Company (U.S.), Benchmark Scientific Inc (U.S.), MMM Münchener Medizin Mechanik GmbH (Germany), Tuttnauer (Netherlands), and Consolidated Sterilizer Systems (U.S.), and Andersen Sterilizers, Inc. (U.S.).

Scope of the Report:

Sterilization Equipment Market Assessment—by Offering

Equipment
Heat/Steam Sterilization Equipment
Moist Heat Sterilizers
Gravity Displacement Autoclaves
High-speed Prevacuum Sterilizers
Dry Heat Sterilizers
Static Air Sterilizers
Forced Air Sterilizers
Low-Temperature Sterilization Equipment
Hydrogen Peroxide/Gas Plasma Sterilizers
Ethylene Oxide Sterilizers
Ozone-Based Sterilizers
Formaldehyde Sterilizers
Other Low-Temperature Sterilization Equipment

(Other low-temperature sterilization equipment primarily includes nitrogen dioxide sterilization and vaporized peracetic acid (VPA)-based sterilizers)

Radiation Sterilization Equipment
Filtration Sterilization Equipment
Services
Ethylene Oxide Sterilization Services
Gamma Sterilization Services
E-beam Sterilization Services
Steam Sterilization Services
Other Sterilization Services

(Other sterilization services primarily include services of the following technologies: vaporized hydrogen peroxide, hydrogen peroxide, hydrogen peroxide gas plasma sterilization, X-ray sterilization, NO2, peracetic acid, and dry heat sterilization)

Consumables & Accessories
Sterilization Indicators
Biological Indicators
Chemical Indicators
Sterilants
Instrument Packaging & Pouches
Other Consumables & Accessories

(Other consumables & accessories include incubators, trolleys, carts, baskets, containers, trays, and racks)

Sterilization Equipment Market Assessment—by End User

Hospitals & Clinics
Medical Device Companies
Pharmaceutical Companies
Food & Beverage Industry
Other End Users

(Other end users primarily include diagnostic laboratories, academic & research institutes, veterinary hospitals & clinics, and blood banks)

Sterilization Equipment Market Assessment—by Geography

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Spain
Switzerland
Belgium
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
U.A.E.
South Africa
Rest of Middle East & Africa

Sterilization Equipment Market - Report Summary

Report Metrics	Details
Years Considered	2022 - 2031
Base Year	2023
Forecast Period	2024-2031
Page Count	346
Units Referenced	Value (USD Billion)
Segments/Key Topics	Market by Offering and End User
Regions Covered	North America (U.S., Canada), Europe (Germany, France, U.K., Italy, Spain, Switzerland, Belgium, Rest of Europe), Asia-Pacific (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific), Latin America (Brazil, Mexico, Rest of Latin America), and the Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Key Companies Mentioned	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), SteelcoBelimed AG (Switzerland), Sotera Health Company (U.S.), Benchmark Scientific Inc (U.S.), MMM Münchener Medizin Mechanik GmbH (Germany), Tuttnauer (Netherlands), Consolidated Sterilizer Systems (U.S.), and Andersen Sterilizers, Inc. (U.S.)

Report FAQs

What is the scope of the sterilization equipment market study?

This market study covers market sizes & forecasts for the sterilization equipment market based on product and end user. This market study also provides the value analysis of various segments and subsegments of the sterilization equipment market at the regional and country levels.

What is the revenue generated from the sale of sterilization products across the globe? At what rate is the demand expected to grow for the next 5–7 years?

The sterilization equipment market is projected to reach $26.77 billion by 2031, at a CAGR of 8.4% during the forecast period 2024–2031.

What are the various offerings studied in this report, and which offering segment holds the major market share in 2024?

Based on offering, the sterilization equipment market is segmented into equipment, services, and consumables & accessories. In 2024, the equipment segment is expected to account for the largest share of the sterilization equipment market due to the high adoption of equipment in hospitals and healthcare facilities, the rising incidence of healthcare-acquired infections, and the availability of a wide range of equipment for specific applications.

Who are the various end users in the sterilization equipment market, and which end-user segment will hold the major share of the market in 2024?

Based on end user, the sterilization equipment market is segmented into hospitals & clinics, medical device companies, pharmaceutical companies, the food & beverage industry, and other end users. In 2024, the hospitals & clinics segment is expected to account for the largest share of the sterilization equipment market.

What are the key factors supporting the growth of this market? What are the major opportunities for market players in the sterilization equipment market?

The growth of the sterilization equipment market is driven by the growing incidence of hospital-acquired infections, the rising number of surgical procedures, the growing need for sterilization in the food industry to prevent food-borne diseases, the increasing demand for sterilization equipment in the pharmaceutical and biotechnology industries, and the outsourcing of sterilization processes to specialized service providers in non-healthcare sectors.

Furthermore, the rising adoption of e-beam sterilization, the growing demand for sterilization products in emerging markets, the 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.

What are the factors hindering the growth of the sterilization equipment market?

The harmful effects of ethylene oxide and concerns regarding the safety of reprocessed instruments restrain the growth of this market. Additionally, non-compliance with sterilization standards in the healthcare sector and the shift from reusable medical devices to disposable medical devices are major challenges in this market.

Who are the major players operating in the sterilization equipment 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), SteelcoBelimed AG (Switzerland), Sotera Health Company (U.S.), Benchmark Scientific Inc (U.S.), MMM Münchener Medizin Mechanik GmbH (Germany), Tuttnauer (Netherlands), Consolidated Sterilizer Systems (U.S.), and Andersen Sterilizers, Inc. (U.S.).

Which regions/countries are expected to offer significant growth opportunities for the vendors operating in the sterilization equipment market?

Asia-Pacific is slated to record the fastest growth rate during the forecast period, offering significant growth opportunities for the players operating in this market. The high market growth in Asia-Pacific is driven by the increasing healthcare expenditure in the region, emerging infections caused by multidrug-resistant organisms (MDROs) and pathogens with pandemic potential, the rising number of surgical procedures, increasing efforts by pharma-biotech companies for the development of biologics, the growing geriatric population with an associated increase in the prevalence of chronic conditions, and increasing government funding in the healthcare sector.