PUBLISHER: Grand View Research | PRODUCT CODE: 1571444
PUBLISHER: Grand View Research | PRODUCT CODE: 1571444
The U.S. sterilization services market size is anticipated to reach USD 2.71 billion by 2030, according to a new report by Grand View Research, Inc. The market is projected to grow at a CAGR of 10.91% from 2024 to 2030. It encompasses a range of activities and solutions aimed at ensuring the sterility of medical devices, equipment, and other products.
Technological advancements in sterilization methods have spurred market growth by introducing more efficient and effective solutions. These innovations include low-temperature plasma sterilization, advanced chemical sterilants, and ethylene oxide gas methods that are more effective and less harmful to sensitive medical instruments.
Regulatory bodies such as the FDA and the Occupational Safety and Health Administration (OSHA) impose strict guidelines regarding sterilization practices in healthcare settings. For instance, in November 2023, STERIS' applied sterilization technologies were accepted into the FDA's radiation sterilization master file pilot program, marking a significant advancement in their sterilization processes.