Sterilization Equipment Market Size, Trends and Insights By Product (Heat Sterilizers, Low-Temperature Sterilizers, Sterile Membrane Filters, Radiation Sterilization Devices), By Services (Ethylene Oxide Sterilization, Gamma Sterilization, E-beam Sterilization, Steam Sterilization, Others), By End User (Hospitals & Clinics, Biotechnology & Pharmaceutical Companies, Medical Device Companies, Food & Beverage), and By Region - Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2024–2033
Report Snapshot
| Study Period: | 2024-2033 |
| Fastest Growing Market: | Asia-Pacific |
| Largest Market: | Europe |
Major Players
- Steris Corporation
- Getinge AB
- 3M Company
- Belimed AG
- Matachana Group
- MMM Group
- Others
Reports Description
Global Sterilization Equipment Market was valued at USD 8.5 Billion in 2024 and is expected to reach USD 18.6 Billion by 2033, at a CAGR of 9.3% during the forecast period 2024 – 2033.
Sterilisation equipment includes devices or equipment that remove or destroy microbes such as bacteria, viruses, fungi, and spores from surfaces, tools, devices, or fluids. This technique is critical in many sectors, such as medical care, pharmaceuticals, food preparation, and laboratories, to minimize infection spread and assure the safety of goods.
Sterilization Equipment Market: Growth Factors
Increase in the number of surgical procedures
The growing number of surgical operations is a key driver of the sterilisation equipment sector for a variety of reasons. As surgical treatments become more widespread as a result of population increase, ageing demographics, and improvements in medical technology, so does the demand for sterilisation equipment to assure their safety and efficacy.
The rise of surgical operations and outpatient treatments, which need sterile tools and equipment, increases the demand for sterilisation equipment. Furthermore, high regulatory requirements and recommendations for the sterilisation of medical equipment and instruments to avoid infections and maintain patient safety help to drive market expansion.
In addition, the current COVID-19 pandemic has raised consciousness regarding infection control measures, resulting in an increased emphasis on sterilisation techniques in healthcare institutions, consequently pushing demand for sterilization equipment.
For instance, the Lancet Commission for Global Surgery (LCoGS) estimates that 5000 operations are needed to address the surgical burden of illness for 100,000 persons in low- and middle-income countries. A total of 4642 procedures were done annually for an estimated population of 88,273.
The most common procedures were cataracts (22.8%), Caesarean (3.8%), fractures (3.27%), and ulcers (2.86%). It is also anticipated that 3646 procedures will be necessary per 100,000 Indians each year. One-third of these procedures would be required among the Indian population between the ages of 30-49.
Growing prevalence of chronic diseases
Chronic disorders, such as diabetes, cancer, and cardiovascular disease, need regular medical interventions, involving surgeries, diagnostic tests, and long-term medications. As an outcome, healthcare institutions must follow stringent sterilisation practices to avoid infection and ensure patient safety throughout these operations.
Furthermore, an ageing global population leads to an increase in the frequency of chronic diseases, which drives up demand for sterilisation equipment in healthcare facilities. Additionally, the growth of drug-resistant illnesses and infections related to healthcare (HAIs) emphasises the critical requirement for effective sterilisation treatments to reduce the risk of transmission while maintaining cleanliness standards in healthcare facilities.
As a result, healthcare companies are investing in sophisticated sterilising methods to fulfil the increased need for secure and sterile medical equipment, tools, and devices, leading to market expansion. For instance, according to the US Centers for Disease Control and Prevention the US population ages, the number of adults with chronic illnesses is predicted to rise.
The number of individuals in the US aged 50 and older will rise by 61.11%, from 137.25 million in 2020 to 221.13 million in 2050. The number of people aged 50 and older with at least one chronic condition is expected to rise by 99.5%, from 71.522 million in 2020 to 142.66 million in 2050.
Sterilization Equipment Market: Restraints
Huge initial investments
The sterilisation procedure necessitates specialised machinery and facilities, which incur large upfront expenses for installation and setup. Furthermore, the size and complexity of sterilisation operations can require significant expenditures in equipment, facilities, and qualified staff to maintain regulatory compliance and industry best practices.
Additionally, the sterilisation equipment market has hurdles in customising and scaling solutions to satisfy changing client needs and support diverse applications in industries that include medical care, pharmaceuticals, and food preparation. These large initial investments can be a barrier to entry for new competitors and small enterprises, restricting competitiveness and innovation.
Also, the extended payback periods associated with big capital expenditures may discourage potential stakeholders and investors from committing money to sterilisation equipment projects, hindering market expansion.
Sterilization Equipment Market: Opportunities
Emergence of radiation sterilization devices
Radiation sterilisation has several benefits, including efficiency against a wide range of infections, low residue, and compatibility with diverse materials, resulting in a popular approach in the healthcare and life sciences sectors.
Furthermore, advances in radiation technology, such as electron therapy and X-ray sterilisation, have increased efficiency and decreased processing time, resulting in increased use of radiation sterilisation systems. Additionally, the increased emphasis on prevention of infections and patient safety, along with governmental demands for sterile medical devices, drives up the need for sterilisation equipment.
Moreover, the growing healthcare infrastructure, especially in emerging nations, opens up prospects for the deployment of radiation sterilisation equipment to fulfil the growing demand for sterilised medical supplies, resulting in market development.
Ultimately, the introduction of radiation sterilisation equipment addresses the changing requirements of sterilisation applications and contributes to the expansion of the sterilization equipment market. For instance, electromagnetic gamma radiation is a highly effective radiation technique because of its deep penetration.
Gamma radiation is frequently produced using high-energy photons containing cobalt-60. Beta particles, as ionisation electromagnetic radiation, are not electromagnetic yet less penetrative. Mechanically accelerated Strontium 90 generates extremely high amounts of energy as well as the beta particles (electron beams) required for beta particle radiation. Ultraviolet light can also be utilised, but only for surface sterilisation.
Sterilization Equipment Market: Segmentation Analysis
Global Sterilization Equipment market is segmented by product, service, end user, and region. Based on type, the market is classified into heat sterilizers, low-temperature sterilizers, sterile membrane filters and radiation sterilization devices. Low-temperature sterilizers dominated the market in 2023 with a market share of 45.3% and is expected to keep its dominance during the forecast period 2024-2033. Low-temperature sterilisers are a safer and more effective option to conventional high-temperature sterilisation techniques, especially for heat-sensitive medical devices and equipment.
This versatility makes sterilisation applicable to a broader range of materials and technologies, such as electronics and plastics. Furthermore, low-temperature sterilisers often employ ecologically benign and economical sterilisation chemicals such as hydrogen peroxide vapour or ethylene oxide gas, which aligns with growing regulatory scrutiny and environmental sustainability objectives.
Furthermore, technological improvements have resulted in the creation of automated and simple to use low-temperature sterilisation devices, which improve workflow productivity while decreasing human error. As healthcare institutions prioritize patient safety, prevention of infection, and efficiency in operation, demand for low-temperature sterilisers is likely to drive sterilisation device market expansion.
Based on service, the market is classified into ethylene oxide sterilization, gamma sterilization, e-beam sterilization, steam sterilization and others. Ethylene oxide sterilization dominated the market in 2023 with a market share of 54.5% and is expected to keep its dominance during the forecast period 2024-2033.
Ethylene oxide (EO) sterilization serves a key part in driving the sterilising devices market owing to its efficiency in removing bacteria from medical devices, pharmaceutical products, and packaging components. EO sterilisation is commonly selected due to its ability to penetrate complicated geometries, such as tight lumens and fissures, providing complete sterilisation of a wide range of medical equipment and materials.
Furthermore, EO sterilisation is compatible with a broad range of materials, notably metals, plastics, and polymers, which makes it suitable for usage in a variety of sectors. Also, the rising frequency of healthcare-related illnesses and a rising focus on patient safety have increased the demand for dependable sterilisation procedures, accelerating the implementation of EO sterilisation technology as well as equipment.
Based on end user, the market is classified into hospitals & clinics, biotechnology & pharmaceutical companies, medical device companies, and food & beverage. Hospitals and Clinics dominated the market in 2023 with a market share of 42.7% and are expected to keep their dominance during the forecast period 2024-2033.
Hospitals and clinics are major market drivers for sterilisation equipment because of their vital role in maintaining patient safety and avoiding healthcare-associated infections (HAIs).
These healthcare institutions require sterilisation technology to efficiently sterilise medical devices, equipment, and surfaces, therefore eliminating hazardous bacteria. The growing number of operations, surgical operations, and patients admitted in hospitals and clinics needs the usage of sterilisation technology to provide a clean atmosphere.
Furthermore, strict laws and guidelines established by health authorities and accrediting agencies require the usage of sterilisation equipment to meet safety requirements. The growing concern of HAIs and the need for infection control measures drive up the demand for sterilisation equipment in healthcare facilities.
Report Scope
| Feature of the Report | Details |
| Market Size in 2024 | USD 8.5 Billion |
| Projected Market Size in 2033 | USD 18.6 Billion |
| Market Size in 2023 | USD 7.6 Billion |
| CAGR Growth Rate | 9.3% CAGR |
| Base Year | 2023 |
| Forecast Period | 2024-2033 |
| Key Segment | By Product, Services, End User and Region |
| Report Coverage | Revenue Estimation and Forecast, Company Profile, Competitive Landscape, Growth Factors and Recent Trends |
| Regional Scope | North America, Europe, Asia Pacific, Middle East & Africa, and South & Central America |
| Buying Options | Request tailored purchasing options to fulfil your requirements for research. |
Sterilization Equipment Market: Regional Analysis
By region, Sterilization Equipment market is segmented into North America, Europe, Asia-Pacific, Latin America, the Middle East & Africa. North America dominated the global Sterilization Equipment market in 2023 with a market share of 42.5% and is expected to keep its dominance during the forecast period 2024-2033.
North America’s solid healthcare system and rigorous rules and regulations, which prioritise patient safety, are increasing demand for reliable sterilisation solutions in healthcare institutions.
Furthermore, growing concerns about healthcare-associated infections (HAIs) and the necessity to maintain clean settings drive the deployment of improved sterilisation technology. Moreover, North America’s expanding pharmaceutical and biotech sectors rely significantly on sterilisation apparatus to manufacture pharmaceuticals, vaccines, and medical devices, which drives market growth.
Furthermore, advances in technology and advances in sterilisation methods, such as temperature sterilisation and developed filtration systems, are largely the result of North American study and development initiatives, establishing the region as a leader in driving innovations and global adoption of sterilisation equipment.
Sterilization Equipment Market: Recent Developments
- In February 2022, Centrepiece doubled its ethylene oxide sterilisation capacity. The increased processing capacity will allow the company to attain a sterilisation throughput of about 50,000 pallets each year.
- In March 2022, Datasea Inc. developed ultrasonic sound sterilization and antivirus equipment that targets different uses and anticipates a foray into the US market with a series of natural intelligence solutions.
- In February 2022, Xech launched the Xech Sterostet stethoscope steriliser in India, which sterilises stethoscope diaphragms of all sizes using proprietary UV-C GI technology.
List of the prominent players in the Sterilization Equipment Market:
- Steris Corporation
- Getinge AB
- 3M Company
- Belimed AG
- Matachana Group
- MMM Group
- Cantel Medical Corp.
- Advanced Sterilization Products
- STERIZON LLC
- Johnson & Johnson
- Sotera Health
- Tuttnauer
- MELAG Medizintechnik GmbH & Co. KG
- Sterigenics International LLC
- Braun Melsungen AG
- Beta Star Life Science Equipment
- Anderson Products Inc.
- E-Beam Services Inc.
- CISA Group
- Consolidated Sterilizer Systems
- Others
These key players are adopting various growth strategies such as mergers & acquisitions, joint ventures, expansion, strategic alliances, new product launches, etc. to enhance their business operations and revenues.
The Sterilization Equipment Market is segmented as follows:
By Product
- Heat Sterilizers
- Low-Temperature Sterilizers
- Sterile Membrane Filters
- Radiation Sterilization Devices
By Services
- Ethylene Oxide Sterilization
- Gamma Sterilization
- E-beam Sterilization
- Steam Sterilization
- Others
By End User
- Hospitals & Clinics
- Biotechnology & Pharmaceutical Companies
- Medical Device Companies
- Food & Beverage
Regional Coverage:
North America
- U.S.
- Canada
- Mexico
- Rest of North America
Europe
- Germany
- France
- U.K.
- Russia
- Italy
- Spain
- Netherlands
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Taiwan
- Rest of Asia Pacific
The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of the Middle East & Africa
Latin America
- Brazil
- Argentina
- Rest of Latin America
Table of Contents
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market Research Methodology
- Chapter 2. Executive Summary
- 2.1 Global Sterilization Equipment Market, (2024 – 2033) (USD Billion)
- 2.2 Global Sterilization Equipment Market: snapshot
- Chapter 3. Global Sterilization Equipment Market – Industry Analysis
- 3.1 Sterilization Equipment Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Increase in the number of surgical procedures
- 3.2.2 Growing prevalence of chronic diseases
- 3.3 Market Restraints
- 3.4 Market Opportunities
- 3.5 Market Challenges
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Product
- 3.7.2 Market Attractiveness Analysis By Services
- 3.7.3 Market Attractiveness Analysis By End User
- Chapter 4. Global Sterilization Equipment Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Sterilization Equipment Market: company market share, 2023
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Sterilization Equipment Market – Product Analysis
- 5.1 Global Sterilization Equipment Market Overview: By Product
- 5.1.1 Global Sterilization Equipment Market Share, By Product, 2023 and 2033
- 5.2 Heat Sterilizers
- 5.2.1 Global Sterilization Equipment Market by Heat Sterilizers, 2024 – 2033 (USD Billion)
- 5.3 Low-Temperature Sterilizers
- 5.3.1 Global Sterilization Equipment Market by Low-Temperature Sterilizers, 2024 – 2033 (USD Billion)
- 5.4 Sterile Membrane Filters
- 5.4.1 Global Sterilization Equipment Market by Sterile Membrane Filters, 2024 – 2033 (USD Billion)
- 5.5 Radiation Sterilization Devices
- 5.5.1 Global Sterilization Equipment Market by Radiation Sterilization Devices, 2024 – 2033 (USD Billion)
- 5.1 Global Sterilization Equipment Market Overview: By Product
- Chapter 6. Global Sterilization Equipment Market – Services Analysis
- 6.1 Global Sterilization Equipment Market Overview: By Services
- 6.1.1 Global Sterilization Equipment Market Share, By Services, 2023 and 2033
- 6.2 Ethylene Oxide Sterilization
- 6.2.1 Global Sterilization Equipment Market by Ethylene Oxide Sterilization, 2024 – 2033 (USD Billion)
- 6.3 Gamma Sterilization
- 6.3.1 Global Sterilization Equipment Market by Gamma Sterilization, 2024 – 2033 (USD Billion)
- 6.4 E-beam Sterilization
- 6.4.1 Global Sterilization Equipment Market by E-beam Sterilization, 2024 – 2033 (USD Billion)
- 6.5 Steam Sterilization
- 6.5.1 Global Sterilization Equipment Market by Steam Sterilization, 2024 – 2033 (USD Billion)
- 6.6 Others
- 6.6.1 Global Sterilization Equipment Market by Others, 2024 – 2033 (USD Billion)
- 6.1 Global Sterilization Equipment Market Overview: By Services
- Chapter 7. Global Sterilization Equipment Market – End User Analysis
- 7.1 Global Sterilization Equipment Market Overview: By End User
- 7.1.1 Global Sterilization Equipment Market Share, By End User, 2023 and 2033
- 7.2 Hospitals & Clinics
- 7.2.1 Global Sterilization Equipment Market by Hospitals & Clinics, 2024 – 2033 (USD Billion)
- 7.3 Biotechnology & Pharmaceutical Companies
- 7.3.1 Global Sterilization Equipment Market by Biotechnology & Pharmaceutical Companies, 2024 – 2033 (USD Billion)
- 7.4 Medical Device Companies
- 7.4.1 Global Sterilization Equipment Market by Medical Device Companies, 2024 – 2033 (USD Billion)
- 7.5 Food & Beverage
- 7.5.1 Global Sterilization Equipment Market by Food & Beverage, 2024 – 2033 (USD Billion)
- 7.1 Global Sterilization Equipment Market Overview: By End User
- Chapter 8. Sterilization Equipment Market – Regional Analysis
- 8.1 Global Sterilization Equipment Market Regional Overview
- 8.2 Global Sterilization Equipment Market Share, by Region, 2023 & 2033 (USD Billion)
- 8.3. North America
- 8.3.1 North America Sterilization Equipment Market, 2024 – 2033 (USD Billion)
- 8.3.1.1 North America Sterilization Equipment Market, by Country, 2024 – 2033 (USD Billion)
- 8.3.1 North America Sterilization Equipment Market, 2024 – 2033 (USD Billion)
- 8.4 North America Sterilization Equipment Market, by Product, 2024 – 2033
- 8.4.1 North America Sterilization Equipment Market, by Product, 2024 – 2033 (USD Billion)
- 8.5 North America Sterilization Equipment Market, by Services, 2024 – 2033
- 8.5.1 North America Sterilization Equipment Market, by Services, 2024 – 2033 (USD Billion)
- 8.6 North America Sterilization Equipment Market, by End User, 2024 – 2033
- 8.6.1 North America Sterilization Equipment Market, by End User, 2024 – 2033 (USD Billion)
- 8.7. Europe
- 8.7.1 Europe Sterilization Equipment Market, 2024 – 2033 (USD Billion)
- 8.7.1.1 Europe Sterilization Equipment Market, by Country, 2024 – 2033 (USD Billion)
- 8.7.1 Europe Sterilization Equipment Market, 2024 – 2033 (USD Billion)
- 8.8 Europe Sterilization Equipment Market, by Product, 2024 – 2033
- 8.8.1 Europe Sterilization Equipment Market, by Product, 2024 – 2033 (USD Billion)
- 8.9 Europe Sterilization Equipment Market, by Services, 2024 – 2033
- 8.9.1 Europe Sterilization Equipment Market, by Services, 2024 – 2033 (USD Billion)
- 8.10 Europe Sterilization Equipment Market, by End User, 2024 – 2033
- 8.10.1 Europe Sterilization Equipment Market, by End User, 2024 – 2033 (USD Billion)
- 8.11. Asia Pacific
- 8.11.1 Asia Pacific Sterilization Equipment Market, 2024 – 2033 (USD Billion)
- 8.11.1.1 Asia Pacific Sterilization Equipment Market, by Country, 2024 – 2033 (USD Billion)
- 8.11.1 Asia Pacific Sterilization Equipment Market, 2024 – 2033 (USD Billion)
- 8.12 Asia Pacific Sterilization Equipment Market, by Product, 2024 – 2033
- 8.12.1 Asia Pacific Sterilization Equipment Market, by Product, 2024 – 2033 (USD Billion)
- 8.13 Asia Pacific Sterilization Equipment Market, by Services, 2024 – 2033
- 8.13.1 Asia Pacific Sterilization Equipment Market, by Services, 2024 – 2033 (USD Billion)
- 8.14 Asia Pacific Sterilization Equipment Market, by End User, 2024 – 2033
- 8.14.1 Asia Pacific Sterilization Equipment Market, by End User, 2024 – 2033 (USD Billion)
- 8.15. Latin America
- 8.15.1 Latin America Sterilization Equipment Market, 2024 – 2033 (USD Billion)
- 8.15.1.1 Latin America Sterilization Equipment Market, by Country, 2024 – 2033 (USD Billion)
- 8.15.1 Latin America Sterilization Equipment Market, 2024 – 2033 (USD Billion)
- 8.16 Latin America Sterilization Equipment Market, by Product, 2024 – 2033
- 8.16.1 Latin America Sterilization Equipment Market, by Product, 2024 – 2033 (USD Billion)
- 8.17 Latin America Sterilization Equipment Market, by Services, 2024 – 2033
- 8.17.1 Latin America Sterilization Equipment Market, by Services, 2024 – 2033 (USD Billion)
- 8.18 Latin America Sterilization Equipment Market, by End User, 2024 – 2033
- 8.18.1 Latin America Sterilization Equipment Market, by End User, 2024 – 2033 (USD Billion)
- 8.19. The Middle-East and Africa
- 8.19.1 The Middle-East and Africa Sterilization Equipment Market, 2024 – 2033 (USD Billion)
- 8.19.1.1 The Middle-East and Africa Sterilization Equipment Market, by Country, 2024 – 2033 (USD Billion)
- 8.19.1 The Middle-East and Africa Sterilization Equipment Market, 2024 – 2033 (USD Billion)
- 8.20 The Middle-East and Africa Sterilization Equipment Market, by Product, 2024 – 2033
- 8.20.1 The Middle-East and Africa Sterilization Equipment Market, by Product, 2024 – 2033 (USD Billion)
- 8.21 The Middle-East and Africa Sterilization Equipment Market, by Services, 2024 – 2033
- 8.21.1 The Middle-East and Africa Sterilization Equipment Market, by Services, 2024 – 2033 (USD Billion)
- 8.22 The Middle-East and Africa Sterilization Equipment Market, by End User, 2024 – 2033
- 8.22.1 The Middle-East and Africa Sterilization Equipment Market, by End User, 2024 – 2033 (USD Billion)
- Chapter 9. Company Profiles
- 9.1 Steris Corporation
- 9.1.1 Overview
- 9.1.2 Financials
- 9.1.3 Product Portfolio
- 9.1.4 Business Strategy
- 9.1.5 Recent Developments
- 9.2 Getinge AB
- 9.2.1 Overview
- 9.2.2 Financials
- 9.2.3 Product Portfolio
- 9.2.4 Business Strategy
- 9.2.5 Recent Developments
- 9.3 3M Company
- 9.3.1 Overview
- 9.3.2 Financials
- 9.3.3 Product Portfolio
- 9.3.4 Business Strategy
- 9.3.5 Recent Developments
- 9.4 Belimed AG
- 9.4.1 Overview
- 9.4.2 Financials
- 9.4.3 Product Portfolio
- 9.4.4 Business Strategy
- 9.4.5 Recent Developments
- 9.5 Matachana Group
- 9.5.1 Overview
- 9.5.2 Financials
- 9.5.3 Product Portfolio
- 9.5.4 Business Strategy
- 9.5.5 Recent Developments
- 9.6 MMM Group
- 9.6.1 Overview
- 9.6.2 Financials
- 9.6.3 Product Portfolio
- 9.6.4 Business Strategy
- 9.6.5 Recent Developments
- 9.7 Cantel Medical Corp.
- 9.7.1 Overview
- 9.7.2 Financials
- 9.7.3 Product Portfolio
- 9.7.4 Business Strategy
- 9.7.5 Recent Developments
- 9.8 Advanced Sterilization Products
- 9.8.1 Overview
- 9.8.2 Financials
- 9.8.3 Product Portfolio
- 9.8.4 Business Strategy
- 9.8.5 Recent Developments
- 9.9 STERIZON LLC
- 9.9.1 Overview
- 9.9.2 Financials
- 9.9.3 Product Portfolio
- 9.9.4 Business Strategy
- 9.9.5 Recent Developments
- 9.10 Johnson & Johnson
- 9.10.1 Overview
- 9.10.2 Financials
- 9.10.3 Product Portfolio
- 9.10.4 Business Strategy
- 9.10.5 Recent Developments
- 9.11 Sotera Health
- 9.11.1 Overview
- 9.11.2 Financials
- 9.11.3 Product Portfolio
- 9.11.4 Business Strategy
- 9.11.5 Recent Developments
- 9.12 Tuttnauer
- 9.12.1 Overview
- 9.12.2 Financials
- 9.12.3 Product Portfolio
- 9.12.4 Business Strategy
- 9.12.5 Recent Developments
- 9.13 MELAG Medizintechnik GmbH & Co. KG
- 9.13.1 Overview
- 9.13.2 Financials
- 9.13.3 Product Portfolio
- 9.13.4 Business Strategy
- 9.13.5 Recent Developments
- 9.14 Sterigenics International LLC
- 9.14.1 Overview
- 9.14.2 Financials
- 9.14.3 Product Portfolio
- 9.14.4 Business Strategy
- 9.14.5 Recent Developments
- 9.15 B. Braun Melsungen AG
- 9.15.1 Overview
- 9.15.2 Financials
- 9.15.3 Product Portfolio
- 9.15.4 Business Strategy
- 9.15.5 Recent Developments
- 9.16 Beta Star Life Science Equipment
- 9.16.1 Overview
- 9.16.2 Financials
- 9.16.3 Product Portfolio
- 9.16.4 Business Strategy
- 9.16.5 Recent Developments
- 9.17 Anderson Products Inc.
- 9.17.1 Overview
- 9.17.2 Financials
- 9.17.3 Product Portfolio
- 9.17.4 Business Strategy
- 9.17.5 Recent Developments
- 9.18 E-Beam Services Inc.
- 9.18.1 Overview
- 9.18.2 Financials
- 9.18.3 Product Portfolio
- 9.18.4 Business Strategy
- 9.18.5 Recent Developments
- 9.19 CISA Group
- 9.19.1 Overview
- 9.19.2 Financials
- 9.19.3 Product Portfolio
- 9.19.4 Business Strategy
- 9.19.5 Recent Developments
- 9.20 Consolidated Sterilizer Systems
- 9.20.1 Overview
- 9.20.2 Financials
- 9.20.3 Product Portfolio
- 9.20.4 Business Strategy
- 9.20.5 Recent Developments
- 9.21 Others.
- 9.21.1 Overview
- 9.21.2 Financials
- 9.21.3 Product Portfolio
- 9.21.4 Business Strategy
- 9.21.5 Recent Developments
- 9.1 Steris Corporation
List Of Figures
Figures No 1 to 29
List Of Tables
Tables No 1 to 77
Report Methodology
In order to get the most precise estimates and forecasts possible, Custom Market Insights applies a detailed and adaptive research methodology centered on reducing deviations. For segregating and assessing quantitative aspects of the market, the company uses a combination of top-down and bottom-up approaches. Furthermore, data triangulation, which examines the market from three different aspects, is a recurring theme in all of our research reports. The following are critical components of the methodology used in all of our studies:
Preliminary Data Mining
On a broad scale, raw market information is retrieved and compiled. Data is constantly screened to make sure that only substantiated and verified sources are taken into account. Furthermore, data is mined from a plethora of reports in our archive and also a number of reputed & reliable paid databases. To gain a detailed understanding of the business, it is necessary to know the entire product life cycle and to facilitate this, we gather data from different suppliers, distributors, and buyers.
Surveys, technological conferences, and trade magazines are used to identify technical issues and trends. Technical data is also gathered from the standpoint of intellectual property, with a focus on freedom of movement and white space. The dynamics of the industry in terms of drivers, restraints, and valuation trends are also gathered. As a result, the content created contains a diverse range of original data, which is then cross-validated and verified with published sources.
Statistical Model
Simulation models are used to generate our business estimates and forecasts. For each study, a one-of-a-kind model is created. Data gathered for market dynamics, the digital landscape, development services, and valuation patterns are fed into the prototype and analyzed concurrently. These factors are compared, and their effect over the projected timeline is quantified using correlation, regression, and statistical modeling. Market forecasting is accomplished through the use of a combination of economic techniques, technical analysis, industry experience, and domain knowledge.
Short-term forecasting is typically done with econometric models, while long-term forecasting is done with technological market models. These are based on a synthesis of the technological environment, legal frameworks, economic outlook, and business regulations. Bottom-up market evaluation is favored, with crucial regional markets reviewed as distinct entities and data integration to acquire worldwide estimates. This is essential for gaining a thorough knowledge of the industry and ensuring that errors are kept to a minimum.
Some of the variables taken into account for forecasting are as follows:
• Industry drivers and constraints, as well as their current and projected impact
• The raw material case, as well as supply-versus-price trends
• Current volume and projected volume growth through 2033
We allocate weights to these variables and use weighted average analysis to determine the estimated market growth rate.
Primary Validation
This is the final step in our report’s estimating and forecasting process. Extensive primary interviews are carried out, both in-person and over the phone, to validate our findings and the assumptions that led to them.
Leading companies from across the supply chain, including suppliers, technology companies, subject matter experts, and buyers, use techniques like interviewing to ensure a comprehensive and non-biased overview of the business. These interviews are conducted all over the world, with the help of local staff and translators, to overcome language barriers.
Primary interviews not only aid with data validation, but also offer additional important insight into the industry, existing business scenario, and future projections, thereby improving the quality of our reports.
All of our estimates and forecasts are validated through extensive research work with key industry participants (KIPs), which typically include:
• Market leaders
• Suppliers of raw materials
• Suppliers of raw materials
• Buyers.
The following are the primary research objectives:
• To ensure the accuracy and acceptability of our data.
• Gaining an understanding of the current market and future projections.
Data Collection Matrix
| Perspective | Primary research | Secondary research |
| Supply-side |
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| Demand-side |
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Market Analysis Matrix
| Qualitative analysis | Quantitative analysis |
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Prominent Player
- Steris Corporation
- Getinge AB
- 3M Company
- Belimed AG
- Matachana Group
- MMM Group
- Cantel Medical Corp.
- Advanced Sterilization Products
- STERIZON LLC
- Johnson & Johnson
- Sotera Health
- Tuttnauer
- MELAG Medizintechnik GmbH & Co. KG
- Sterigenics International LLC
- Braun Melsungen AG
- Beta Star Life Science Equipment
- Anderson Products Inc.
- E-Beam Services Inc.
- CISA Group
- Consolidated Sterilizer Systems
- Others
FAQs
The restraints of the Sterilization Equipment market is huge initial investments.
The major driver for the Sterilization Equipment market is increase in the number of surgical procedures and growing prevalence of chronic diseases.
The “Heat Sterilizers” category dominated the market in 2023.
The key players in the market are Steris Corporation, Getinge AB, 3M Company, Belimed AG, Matachana Group, MMM Group, Cantel Medical Corp., Advanced Sterilization Products, STERIZON LLC, Johnson & Johnson, Sotera Health, Tuttnauer, MELAG Medizintechnik GmbH & Co. KG, Sterigenics International LLC, B. Braun Melsungen AG, Beta Star Life Science Equipment, Anderson Products Inc., E-Beam Services Inc., CISA Group, Consolidated Sterilizer Systems, Others.
“North America” had the largest share in the Sterilization Equipment Market.
The global market is projected to grow at a CAGR of 9.3% during the forecast period, 2024-2033.
The Sterilization Equipment Market size was valued at USD 8.5 Billion in 2024.