- Ethylene Oxide
- Ionizing Radiation
- Filtration
- Thermal Sterilization
- Others
Sterilization Technologies Market size was valued at USD 7,323.98 million in 2022 and growing at a CAGR of 6.4% over the forecast period 2023-2029. There are multiple factors such as the geriatric population, rise in the number of hospital-acquired infections, expansion of processed food & beverage market, and increase in adoption of sterilization technologies in medical, and cosmetic dentistry industries which act as the drivers in global sterilization technologies market. The key restraints that effect the market are high cost of sterilization equipment & devices, regulations associated with harmful gases. It has been anticipated that E-beam and gamma sterilization would boost intense opportunities for the global sterilization technologies market This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global sterilization technologies market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global sterilization technologies market.
Sterilization Technologies Market Key Developments:
- In June 2018, Fortive Corporation announced a binding offer with Johnson's and Johnson's to acquire Advanced Sterilization Products Services Inc.
- In September 2017, 3M purchased the ownership interests of Elution Technologies, LLC, which manufactures test kits to check for the presence of food allergens in food & beverages.
Sterilization Technologies Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
6.4%
Largest Market
North America
Fastest Growing Market
Europe
Sterilization Technologies Market Dynamics
It is noticed that the global sterilization technologies market has a significant market growth rate on perspective of rise in number of hospital-acquired infection. According to the World Health Organization, hundreds of millions of patients are affected by healthcare-associated infections (HAI) worldwide each year, leading to significant mortality and financial losses for health systems. Where disinfection and sterilization become an important factor for medical and surgical instruments: which open up multiple opportunities for medical devices that penetrate body sites, medications, and parenteral fluids. paving the way for a growth curve in the sterilization technology market.
North America Got Significant Share
Sterilization Technologies Market Regional Analysis
North America contributed major revenue followed by Europe and Asia Pacific. North America region accounted huge growth rate about 40.1% in the year 2017 and is anticipated to grow with a forecast period. Increase in prevalence of patients suffering from chronic illness with rising hospital admissions for surgical procedures and key factors boosting the region. European Centre for Disease Prevention and Control, approximately 30% of patients in Intensive Care Units (ICUs) are affected by at least one episode of healthcare-associated infection which boost the global sterilization technologies market. Asia-Pacific is the leading region, in terms of growth, due to rise in awareness regarding diseases, improvement in healthcare infrastructure, and market players.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The sterilization technologies market report provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments and startup's details that are actively working in the market
- The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
- The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter's Five Force Analysis in addition to recent technology advancements and innovations in the market
Sterilization Technologies Market Segmentation
By Type of Sterilization
By Process
- Chemical Process
- Physicochemical
- Synergetic Processes
- Physical Processes
By End User
- Pharmaceutical Industry
- Hospitals & Clinics
- Medical Device Manufacturers
- Others
By Geography
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East and Africa
Frequently Asked Questions
The sterilization technologies market is projected to expand at a 6.4% CAGR during the forecast period
Advanced Sterilization Products Services Inc. (U.S.), Atec Pharmatechnik GmbH (Germany), Belimed AG (U.S.), Getinge Group (Sweden), Nordion (Canada) Inc., Noxilizer, Inc. (U.S.), Sterile Technologies Inc. (U.S.), Steris Plc (U.S.), The 3M Company (U.S.), TSO3 Inc. (Canada).
North America is the fastest-growing region for sterilization technologies market
| 1.Executive Summary |
| 2.Global Sterilization Technologies Market Introduction |
| 2.1.Global Sterilization Technologies Market - Taxonomy |
| 2.2.Global Sterilization Technologies Market - Definitions |
| 2.2.1.Type of Sterilization |
| 2.2.2.Process |
| 2.2.3.End User |
| 2.2.4.Region |
| 3.Global Sterilization Technologies Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4.Global Sterilization Technologies Market Analysis, 2018-2022 and Forecast 2023-2029 |
| 4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5.Global Sterilization Technologies Market By Type of Sterilization, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 5.1. Ethylene Oxide |
| 5.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Ionizing Radiation |
| 5.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Filtration |
| 5.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Thermal Sterilization |
| 5.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6.Global Sterilization Technologies Market By Process, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 6.1. Chemical Process |
| 6.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Physicochemical |
| 6.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Synergetic Processes |
| 6.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Physical Processes |
| 6.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 7.Global Sterilization Technologies Market By End User, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 7.1. Pharmaceutical Industry |
| 7.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Hospitals & Clinics |
| 7.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Medical Device Manufacturers |
| 7.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Others |
| 7.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 8.Global Sterilization Technologies Market By Region, 2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2018-2022 and Forecast, 2023-2029, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9.North America Sterilization Technologies Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 9.1. Type of Sterilization Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Ethylene Oxide |
| 9.1.2.Ionizing Radiation |
| 9.1.3.Filtration |
| 9.1.4.Thermal Sterilization |
| 9.1.5.Others |
| 9.2. Process Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Chemical Process |
| 9.2.2.Physicochemical |
| 9.2.3.Synergetic Processes |
| 9.2.4.Physical Processes |
| 9.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Pharmaceutical Industry |
| 9.3.2.Hospitals & Clinics |
| 9.3.3.Medical Device Manufacturers |
| 9.3.4.Others |
| 9.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10.Europe Sterilization Technologies Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 10.1. Type of Sterilization Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Ethylene Oxide |
| 10.1.2.Ionizing Radiation |
| 10.1.3.Filtration |
| 10.1.4.Thermal Sterilization |
| 10.1.5.Others |
| 10.2. Process Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Chemical Process |
| 10.2.2.Physicochemical |
| 10.2.3.Synergetic Processes |
| 10.2.4.Physical Processes |
| 10.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.Pharmaceutical Industry |
| 10.3.2.Hospitals & Clinics |
| 10.3.3.Medical Device Manufacturers |
| 10.3.4.Others |
| 10.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11.Asia Pacific (APAC) Sterilization Technologies Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 11.1. Type of Sterilization Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Ethylene Oxide |
| 11.1.2.Ionizing Radiation |
| 11.1.3.Filtration |
| 11.1.4.Thermal Sterilization |
| 11.1.5.Others |
| 11.2. Process Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Chemical Process |
| 11.2.2.Physicochemical |
| 11.2.3.Synergetic Processes |
| 11.2.4.Physical Processes |
| 11.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.Pharmaceutical Industry |
| 11.3.2.Hospitals & Clinics |
| 11.3.3.Medical Device Manufacturers |
| 11.3.4.Others |
| 11.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12.Middle East and Africa (MEA) Sterilization Technologies Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 12.1. Type of Sterilization Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Ethylene Oxide |
| 12.1.2.Ionizing Radiation |
| 12.1.3.Filtration |
| 12.1.4.Thermal Sterilization |
| 12.1.5.Others |
| 12.2. Process Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Chemical Process |
| 12.2.2.Physicochemical |
| 12.2.3.Synergetic Processes |
| 12.2.4.Physical Processes |
| 12.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Pharmaceutical Industry |
| 12.3.2.Hospitals & Clinics |
| 12.3.3.Medical Device Manufacturers |
| 12.3.4.Others |
| 12.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13.Latin America Sterilization Technologies Market ,2018-2022 and Forecast 2023-2029 (Sales Value USD Million) |
| 13.1. Type of Sterilization Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Ethylene Oxide |
| 13.1.2.Ionizing Radiation |
| 13.1.3.Filtration |
| 13.1.4.Thermal Sterilization |
| 13.1.5.Others |
| 13.2. Process Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.Chemical Process |
| 13.2.2.Physicochemical |
| 13.2.3.Synergetic Processes |
| 13.2.4.Physical Processes |
| 13.3. End User Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.Pharmaceutical Industry |
| 13.3.2.Hospitals & Clinics |
| 13.3.3.Medical Device Manufacturers |
| 13.3.4.Others |
| 13.4. Country Analysis 2018-2022 and Forecast 2023-2029 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Advanced Sterilization Products Services Inc. (U.S.) |
| 14.2.2.Atec Pharmatechnik GmbH (Germany) |
| 14.2.3.Belimed AG (U.S.) |
| 14.2.4.Getinge Group (Sweden) |
| 14.2.5.Nordion (Canada) Inc. |
| 14.2.6.Noxilizer, Inc. (U.S.) |
| 14.2.7.Sterile Technologies Inc. (U.S.) |
| 14.2.8.Steris Plc (U.S.) |
| 14.2.9.The 3M Company (U.S.) |
| 14.2.10.TSO3 Inc. (Canada). |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- Advanced Sterilization Products Services Inc. (U.S.)
- Atec Pharmatechnik GmbH (Germany)
- Belimed AG (U.S.)
- Getinge Group (Sweden)
- Nordion (Canada) Inc.
- Noxilizer, Inc. (U.S.)
- Sterile Technologies Inc. (U.S.)
- Steris Plc (U.S.)
- The 3M Company (U.S.)
- TSO3 Inc. (Canada).