Sterilization Services Market Size, Share, Growth, Trends, and Global Industry Analysis: By Service Type (Contract Sterilization Services, Sterilization Validation Services) Sterilization Method (E-Beam Sterilization, Steam Sterilization, Gamma Sterilization, ETO Sterilization, X-ray Irradiation Others) Application (Healthcare, Food and Beverages, Medical Devices, Textile, Hotel and Catering, Homecare Others) and Region Forecast 2019 - 2030

Sterilization Services Market size was valued at US$ 3,43 million in 2023 and is projected to reach US$ 5,385 million by 2030, growing at a CAGR of 4.9% from 2024 to 2030. Owing to the rising focus on outsourcing of sterilization processes among pharmaceutical companies, hospitals, and medical device manufacturers coupled with the increasing prevalence of Hospital-Acquired infections drives the growth of the market. Moreover, the rising focus on food sterilization and disinfection in the food industry and a growing number of surgical procedures fuel the growth of the market. However, the harmful effects of ethylene oxide hamper the growth of the market over the forecast period. the market is widely acknowledged as a means of removing harmful bacteria from the environment. Physical or chemical procedures are employed in sterilization services to eliminate spores, germs, and viruses.

The potential of cross-infection from equipment, patient surfaces and skin, and healthcare employees, as well as contamination of pharmaceuticals or other items, has increased significantly in hospitals and other medical facilities. As a result, sterilising services are an excellent way to prevent microbial development. Ethylene oxide (ETO) sterilization, gamma sterilization, and e-beam sterilization are all examples of sterilisation services. The high incidence of hospital-acquired infections, the increasing number of surgical procedures, the growing focus on food sterilization, and the increasing outsourcing of sterilization services among pharmaceutical companies, hospitals, and medical device manufacturers are all contributing to the market's growth.