Global Sterilization Equipment Market, By Product Type (Heat Temperature, Low Temperature, Ionizing Radiation, Filtration); By Services (Ethylene oxide, Gamma, E-Beam, Steam, Others); By Consumables & Accessories (Sterilization indicators, Pouches, Lubricants, Sterilizing Accessories), By End-User (Hospital & Clinics, Medical device companies, Pharmaceutical companies, Food & Beverage companies, Others) By Region (North America, Europe, the Asia-Pacific, the Middle East & Africa, and Latin America) Trend Analysis, Competitive Market Share & Forecast, 2017-2027

Published:
May 2021
Report Code:
BWC20353
Available Format:
PDF PDF Icon
Pages:
160

sterilization equipment market report

Global Sterilization Equipment Market- Industry Trends & Forecast Report 2027

The global sterilization equipment market was worth USD 8.2 billion in the year 2020. It is further projected to reach USD 13.1 billion by 2027, at a CAGR of 6.7% during the forecast period (2021-2027). Sterilization is a common practice in the healthcare industry and other sectors. It is used to maintain a sterile environment and curb the spread of infections. The growth of the global sterilization equipment market can be attributed to the growing demand in the pharmaceutical, biotechnology, and food industries, the rising number of surgical procedures, and the impact of the COVID-19 pandemic which has accelerated the risk of contagious infections. Additionally, with the increasing geriatric population and growing concern about post-operative acquired infections or diseases, the demand for sterilized equipment is rising exponentially, thereby driving the growth of the global sterilization equipment market.



Source: BlueWeave Consulting

Global Sterilization Equipment Market Overview

Sterilization is a process that involves physical or chemical methods to kill or eliminate all types of microorganisms in the healthcare sector and other facilities. The process of sterilization is carried out by different methods such as filtration, irradiation, heat, pressure, chemical, etc.  Sterilization is carried out according to a set of standard protocols that have been formulated by various authorities. Some of the factors which have accelerated the growth of the global sterilization equipment market are the rising cases of healthcare-acquired infections (HAIs), the outbreak of COVID-19 pandemic, increase in the number of surgical procedures, demand for sterilization in the food industry to prevent food-borne infections, and need for sterilization in pharmaceutical and biotechnology industries. Nevertheless, rigid rules, several regulatory frameworks and concerns related to the safety of recycled instruments might cause a restrain to the global sterilization equipment market to some extent.

 

Global Sterilization Equipment Market Trend

Growth Drivers

Increase in Cases of Healthcare Acquired Infections (HAIs)

HAIs, also known as nosocomial infections, are infections that occur during a patient's hospital stay or surgical procedures. This can be avoided by using a variety of sterilization techniques. Sterilization equipment is needed in hospitals for the sterilization and cleaning of various equipment, instruments, staff belongings, and other items, as it aids in the prevention of infections and the spread of diseases. According to reports, HAIs affect approximately 4,131,000 patients in Europe per year. Lack of sanitation and preventive measures is a driving factor for the growth of the global sterilization equipment market.

Prevalence of Chronic Diseases

The demand for sterilization equipment is expected to be boosted by the increase in cases of chronic diseases such as diabetes, cancer, and other autoimmune diseases. The prevalence of chronic diseases has grown due to an increased adoption of unhealthy and sedentary lifestyles, smoking, and alcohol. According to the National Diabetes Statistics Report 2017, released by the CDC, more than 100.0 million people in the U.S. are living with diabetes or prediabetes.

The increased number of chronic conditions has led to a rise in hospital admission rates. Medical instruments, hospital clothing, sterile fluids, and medical devices are some of the essential commodities used in the healthcare sector. It is important to sterilize such equipment in order to reduce the risk of infection transmission among patients and to enhance the healthcare delivery system. Thus, the prevalence of chronic diseases has a positive impact on the growth of the global sterilization equipment market.

 

Restraints

Ethylene Oxide Concerns Obstructing Sterilization Equipment Market Growth

The toxicity of ethylene oxide (EtO) has recently been identified in animals. Eye pain, sore throat, difficulty in breathing, blurred vision, dizziness, and vomiting are all symptoms of EtO exposure. Ethylene oxide is used in the healthcare sector to sterilize instruments that are heat or moisture-sensitive. The recent closure of sterilization plants in the United States has impacted the industry due to ethylene oxide (EtO) concerns. In late January 2020, the FDA issued a report stating “The FDA is closely monitoring the supply chain effects of closures and potential closures of certain facilities that use ethylene oxide to sterilize medical devices before their use. Additionally, the FDA is working with device manufacturers and health care delivery organizations to ensure they are aware of the issues and preparing to reduce the patient impact if medical devices sterilized at these sterilization facilities become unavailable,”. Thus, regulatory restrains and concerns over ethylene oxide might negatively impact the growth of the sterilization equipment market worldwide.

 

Impact of COVID-19

 

This sudden outbreak of pandemic has accelerated the growth of the sterilization equipment market. Sterilization equipment is one of the core components in the healthcare sector. With the emergence of the COVID-19 pandemic, there has been a worldwide push to treat infected patients and implement steps to prevent infection spread.

COVID-19 has caused a shortage of personal protective equipment (PPE) kits in the healthcare industry, forcing workers to sterilize and reuse them. As a result, the sterilization protocol has been revised by regulatory authorities. In April 2020, 3M Company collaborated with other sterilization companies such as Steris plc, Advanced Sterilization Products (ASP), STERRAD Sterilization System, and Battelle to assess whether the proposed decontamination systems can be used in conjunction with limited respirator reuse during critical shortages owing to COVID-19.

 

Global Sterilization Equipment Market: By Product

 

Based on product type, the sterilization equipment market is categorized into heat temperature sterilization, low-temperature sterilization, filtration sterilization, and ionizing radiation sterilization. In 2020, low-temperature sterilizers held the largest share in the global market. Because of the rising demand for the sterilization of heat- and moisture-sensitive medical devices with complex parts, the demand for low-temperature sterilization is increasing. Sterilization with ethylene oxide (EtO), hydrogen peroxide gas plasma, and other liquid chemical substances are used in this process.

Low-temperature sterilization methods have evolved over the last decade as a result of changing healthcare settings and sophisticated technologies. The use of expensive, complicated, and fragile medical instruments that are difficult to sterilize is also driving up demand for low-temperature sterilization. Some critical aspects of low-temperature sterilization, such as target accuracy and toxicity, necessitate advances in current sterilization chemicals.



Source: BlueWeave Consulting

 

Global Sterilization Equipment Market: By Services

 

Based on service type, the sterilization equipment market is categorized into ethylene oxide (EtO) sterilization services, gamma sterilization services, E-Beam sterilization services, steam sterilization services, and other sterilization services. Because of the increasing implementation  of EtO sterilization by the medical device industry and an impressive array of ETO sterilization service providers worldwide, the EtO sterilization services segment dominated the market in 2020 with the largest share of total sterilization services. Nonetheless, rising concerns about the toxicity of ethylene oxide are expected to have a significant impact on the growth of the EtO sterilization services market in the coming years. These constraints would, in turn, encourage the development of alternative technologies such as E-beam sterilization services.

 

Global Sterilization Equipment Market: Regional Insights

North America ruled the sterilization equipment market and represented more than 35.00% share of the global income in 2020. The growth of the North American market can be attributed to good repayment strategies that aid in the adoption of sterilization equipment, as well as the increasing prevalence of healthcare-associated infections in the region.

The Asia Pacific contains developing and fast-growing business economies, like China and India. The market for sterilization equipment in this region is expected to observe impressive development over the forecast period due to the growing need for controlling HAIs, the increasing interest for non-disposable medical devices, and the rising hygiene awareness in emergency clinics and facilities. A large portion of the region, for example, India, Singapore, Malaysia, and Thailand are members of the Organization for Economic Co-activity and Development (OECD), and their association with the Mutual Acceptance of Data (MAD) Act guarantees regulatory conformity in the healthcare sector, which is pulling significant market players to set up manufacturing units in these nations. This factor is also driving the growth of the sterilization equipment market in the APAC countries.

Source: BlueWeave Consulting

 

Competitive Landscape

The global sterilization equipment market is fragmented in nature, and therefore, the major players are adopting various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions  to expand their footprints within this market. The key players in the global sterilization equipment market are STERIS plc., Cantel Medical Corp., Getinge AB, 3M Company, Advanced Sterilization Products, MMM Group, MATACHANA Group, Cardinal Health, Inc., Sotera Health, Belimed Inc., and other prominent players.

Global Sterilization Equipment Market: Recent Developments

  • In February 2021, XECH, India's leading innovator brand, introduced the XECH STEROSTET – a one-of-a-kind and India's first Stethoscope Sterilizer that utilizes a unique UV-C GI Technology to effectively sterilize stethoscope diaphragms of all sizes up to 99.9999%.
  • In July 2020, Kochi-based Ibis Medical Equipment and Systems Pvt Ltd. launched an advanced UltraViolet (UV-C) Disinfection System  for fast, chemical-free sterilizing in high infection-prone areas, which is critical for controlling the Covid-19 spread. The equipment is capable of destroying severe pathogens and is a tried and tested technique for removing the SARS-CoV virus from surfaces and the air. It can also be used to clean high-tech rooms with electronic devices,  that cannot be sanitized using chemical methods.

Scope

Attribute

Details

Years Considered

Historical data – 2017-2020

Base Year – 2020

Forecast – 2021 – 2027

Facts Covered

Revenue in USD Billion

Market Coverage

U.S, Canada, Germany, U.K., France, Italy, Spain, Brazil, Mexico, Japan, South Korea, China, India, Australia, U.A.E., South Africa, Saudi Arabia

Product/Service Segmentation

By Product Type, By Services, By Consumables & Accessories, By End-User, and By Country

Key Players

Key Players for the market are STERIS plc., Cantel Medical Corp., Getinge AB, 3M Company, Advanced Sterilization Products, MMM Group, MATACHANA Group, Cardinal Health, Inc., Sotera Health, and Belimed Inc., and other prominent players

 

 

 

By Product Type

·         Heat/High-Temperature Sterilization Instruments

Ø  Moist Heat/Steam Sterilization Instrument

Ø  Dry Heat Sterilization Instrument

 

·         Low-Temperature Sterilization Instrument

Ø  Hydrogen Peroxide Sterilization Instrument

Ø  Ethylene Oxide Sterilization Instrument

Ø  Ozone Based Sterilization Instrument

Ø  Formaldehyde Sterilization Instrument

Ø  Other Low- Temperature Sterilization Instrument

 

·         Ionizing Radiation Sterilization Instruments

Ø  Gamma Radiation Sterilization Instruments

Ø  E-Beam Radiation Sterilization Instruments

·         Filtration Sterilization Instruments

 

By Services

·         Ethylene Oxide Sterilization Services

·         Gamma Sterilization Services

·         E-Beam Sterilization Services

·         Steam Sterilization Services

·         Other Sterilization Services

 

By Consumables & Accessories

·         Sterilization Indicators

Ø  Chemical Indicators

Ø  Biological Indicators

·         Pouches

·         Lubricants

·         Sterilization Accessories

 

By End-User

·         Hospital and Clinics

·         Medical Device Companies

·         Pharmaceutical Companies

·         Food and Beverages Companies

·         Others

 

By Region

·         North America

·         Europe

·         The Asia-Pacific

·         Latin America

·         The Middle East and Africa

FAQs:

1.    What is the current size of the global sterilization equipment market?

Answer: The global sterilization equipment market reached USD 8.2 in 2020.

2.    What are the major factors driving the growth of the global sterilization equipment market?

Answer: Some of the factors which have driven the growth of the global sterilization equipment market are- rising cases of healthcare-acquired infections (HAIs), the outbreak of COVID-19 pandemic, increase in the number of surgical procedures, demand for sterilization in the food industry to prevent food-borne infections and need for sterilization in pharmaceutical and biotechnology industries.

3.    Who are the key players in the global sterilization equipment market?

Answer: The key players profiled within the sterilization equipment market are STERIS plc., Cantel Medical Corp., Getinge AB, 3M Company, Advanced Sterilization Products, MMM Group, MATACHANA Group, Cardinal Health, Inc., Sotera Health, Belimed Inc., and other prominent players.

4.    Which application accounted for the largest share in the global sterilization equipment market?

Answer: Low-temperature sterilizers segment accounted for the largest share in the global sterilization equipment market.

5.    Which region is growing at a higher rate in the global sterilization equipment market?

Answer: The Asia-Pacific is growing at a higher rate in the global sterilization equipment market.

COVID-19

We've been tracking the direct impact of COVID-19 on this market, and wherever required we will be considering covid19 footprints for a better analysis of markets and industries. Contact our sales team for more details at

Contact Now

WHY CHOOSE US

  • 24/7 Research support

    Get your queries resolved from an industry expert. Request for a free product review before report purchase.

  • Coustom Research Service

    Ask the Analyst to customize an exclusive study to serve your research needs.

  • Quality & Accuracy

    offers best quality reports based on various authentic and accurate data findings.

  • Data Visualization

    As the business world is changing dynamically every day. We need to stay pin point in relation to data management and optimum data utilization

  • Information security

    We never share your personal and confidential information. Your personal information is safe and secure with us.