Overview

Sterilization Equipment Market is estimated to value over CAGR of over 7.5% during the forecast period 2022 to 2028.

The growing number of surgical procedures as well as ageing population count as some of the major reasons for the growth of the global sterilization equipment. Furthermore, the rise in the cases of chronic diseases and various other government programs to undertake measures of essential sterilization standards in hospital settings and research centres alike, are factors which are predicted to boost the growth of the sterilization equipment industry during the forecast period. The government sector has pushed for strict medical procedures and infection control norms in an effort to increase public awareness of the epidemics of the population as well as HIV and Ebola.

The market is also experiencing a trend in which there is a greater demand for food supply. Due to the integration of exotic foods and vegetables, many rigorous norms have been enacted to ensure the products meet the safety standards. Technologies such as gamma irradiation and low-temperature are used for sterilization methods in the food industry. As a result, the use of such methods is what propels the growth of sterilization equipment in the food processing industry.

According to the type, the market is divided into sterilization instruments. These sterilization instruments, also contain many sub-divisions which are heat sterilization or low-temperature sterilization, high-temperature sterilization, filtration and ionizing radiation. The high or heat sterilization temperature has been sub-segmented dry heat and autoclave or moist heat.

This sub-segmentation of the autoclave or moist heat has further sub-divisions which are vertical autoclave, benchtop autoclave, portable autoclave, floor-standing autoclave, vertical mobile autoclave.

In the case of the dry heat, it is even more segmented into benchtop hot air oven. The low-temperature sterilization is further sub-segmented as ozone-based, ethylene oxide, nitrogen dioxide, vapour hydrogen peroxide along with other low-temperature sterilization. With ionizing radiation, it has been divided once again into gamma, E-bean and X-ray.

In the case of the technology, the market is divided into steam, vacuum, gravity, natural convention and forced convention.

As per the end user, the market has been categorized into medical device companies, food & beverage companies, pharmaceutical companies and other end users. To add to this, end users are further sub-divided into clinics as well as educational institutes.

Some of the major players in the global sterilization equipment market include:

Steris Corporation, Matachana Group, Belimed Ag, Anderson Products, Nanosonics Ltd, Tuttnauer, Cantel Medical Corporation, Celitron Medical Technologies Kft, Getinge Group, which is a part of A Metall Zug Group, MME group Inc, among other key participants in the global Sterilization Equipment Market.

Sterilization Equipment Market Segmentation:

By Product & Service

• Sterilization Instruments
o Heat Sterilization Instruments
• Moist Heat Sterilizers
• Dry Heat Sterilizers
o Low-temperature Sterilization Instruments
• Hydrogen Peroxide Sterilizers
• Ethylene Oxide Sterilizers
• Ozone-based Sterilizers
• Formaldehyde Sterilizers
• Other Low-temperature Sterilization Instruments
o Filtration Sterilization Instruments
o Ionizing Radiation Sterilization Instruments
• E-beam Radiation Sterilization Instruments
• Gamma Radiation Sterilization Instruments
• Sterilization Consumables & Accessories
o Sterilization Indicators
• Chemical Indicators
• Biological Indicators
o Sterilization Pouches
o Sterilization Lubricants
o Sterilization Accessories
• Sterilization Services
o Ethylene Oxide Sterilization Services
o Gamma Sterilization Services
o E-beam Sterilization Services
o Steam Sterilization Services
o Other Sterilization Services

By End User

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

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

FutureWise Key Takeaways:

Growth prospects
SWOT analysis
Key trends
Key data-points affecting market growth

Objectives of the Study:

To provide with an exhaustive analysis on the global sterilization equipment market by product & service, by end user and by region
To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East & Africa
To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions
Profiling of companies to evaluate their market shares, strategies, financials and core competencies

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