Ethylene Oxide Sterilization Services Market Share, Size, Trends, Industry Analysis Report, By End Use (Hospitals, Outpatient Facilities, Research & Manufacturing, and Others); By Region; Segment Forecast, 2023-2032

Ethylene Oxide Sterilization Services Market Share, Size, Trends, Industry Analysis Report, By End Use (Hospitals, Outpatient Facilities, Research & Manufacturing, and Others); By Region; Segment Forecast, 2023-2032

The global ethylene oxide sterilization services market size is expected to reach USD 11,168.31 million by 2032, according to a new study by Polaris Market Research. The report “Ethylene Oxide Sterilization Services Market Share, Size, Trends, Industry Analysis Report, By End Use (Hospitals, Outpatient Facilities, Research & Manufacturing, and Others); By Region; Segment Forecast, 2023-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.

Sterilization of medical equipment and devices is considered one of the crucial processes to prevent infections. Ethylene oxide is a scientifically proven and well-established method of preventing harmful microorganisms from reproducing. For instance, around 20 Bn devices are sold in the U.S. annually and are sterilized with the EtO2, accounting for nearly 50% of devices requiring sterilization. To ensure that these devices are safe for patients and healthcare professionals, the U.S. Food and Drug Administration constantly monitors sterilizing techniques for them. As a result, excellently beneficial aspects of the service are augmenting market growth.

Several hospital, medical, and laboratory processes rely on ethylene oxide sterilization services to protect millions of patients from infectious diseases. Roughly 50 percent of all medical devices are sterilized with ethylene oxide. To tap customers, manufacturers are developing innovative technologies and services. For example, in January 2023, PAMA established a new ethylene oxide sterilization solution. Ongoing developments in the industry are heightening the growth of the global market.

The growing prevalence of infections in the hospital is increasing day by day. This is due to the continual changes to hospital practices, higher patient acuity levels, longer patient lengths of stay, and a longer, more frequent use of devices. As per the statistics published by the CDC, it is estimated that HAIs account for an estimated 1.7 Mn infections. The incidence of HAIs is a main concern for patients and healthcare providers alike. To reduce such HAIs, keeping surgical instruments, biopsy forceps, implanted medical devices, and other devices safe has become vital. Hence, the importance of ethylene oxide sterilization services has been boosted worldwide. This, in turn, proliferated the global market.

Ethylene Oxide Sterilization Services Market Report Highlights

Hospital segment is dominating the global market in 2022 primarily due to the rising number of surgeries and increasing government support to reduce the HAIs in hospitals

North America is expected to dominate the global market due to growing healthcare expenditure, growing chronic diseases, and adoption of advanced sterilization services and products

The global players are 3M, Getinge, Sterigenics, Sotera Company, Ionisos, Andersen Sterilizers, Cosmed Group, & Sterility Equipment.

Polaris Market Research has segmented the Ethylene Oxide Sterilization Services market report based on end use, and region:

Ethylene Oxide Sterilization Services, End Use Outlook (Revenue - USD Million, 2019-2032)

Hospitals

Outpatient Facilities

Specialty Clinics

Ambulatory Surgical Centers

Diagnostic Labs

Research & Manufacturing

Pharma & Nutraceuticals

Medical Device Manufacturing

Other Manufacturing Sectors

Academic Research Institutes

Others

Ethylene Oxide Sterilization Services, Regional Outlook (Revenue - USD Million, 2019-2032)

North America

U.S.

Canada

Europe

Germany

UK

France

Italy

Spain

Russia

Netherlands

Asia Pacific

China

India

Japan

South Korea

Indonesia

Malaysia

Latin America

Argentina

Brazil

Mexico

Middle East & Africa

UAE

Saudi Arabia

Israel

South Africa