PUBLISHER: IMARC | PRODUCT CODE: 1519405
PUBLISHER: IMARC | PRODUCT CODE: 1519405
The global sterilization services market size reached US$ 3.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 6.1 Billion by 2032, exhibiting a growth rate (CAGR) of 5.4% during 2024-2032.
Sterilization refers to the process of eliminating and reducing all forms of microorganisms present in the environment. It consists of various procedures, including heat, chemicals, irradiation, high pressure and filtration that kill spores, microbes, and viruses. Gamma, electron beam radiation and ethylene oxide (ETO) are some of the commonly used sterilization methods. Sterilization services are widely used to kill all forms of bacteria and fungi, thereby ensuring a clean environment, which, in turn prevents the transmission of germs and other diseases. As a result, they are widely used in the healthcare and pharmaceutical industries.
Significant expansion in the healthcare industry across the globe is creating a positive outlook for the market. The rising instances of hospital-acquired infections and the rising number of surgical procedures requiring high-intensity infection prevention and control is favoring the market growth. Moreover, the sudden outbreak of the coronavirus disease (COVID-19) is positively impacting the market growth as there has been an increase in concerns toward virus transmission, which has enabled individuals to practice routine and improved hygiene and preventive measures. Besides this, sterilization services are being widely adopted in medical equipment, such as reusable hemodialysis machines, respiratory care devices and surgical instruments, to prevent pathogen transfer, which is contributing to the market growth. Additionally, various product innovations, such as low-temperature sterilization systems that offer expanded instrument capability, shorter cycles, improved materials compatibility and eco-friendly properties, is providing an impetus to the market growth. Other factors, including the increasing geriatric population that is more prone to chronic diseases and the implementation of various government initiatives to ensure a high degree of infection prevention, are anticipated to drive the market toward growth further.
IMARC Group provides an analysis of the key trends in each sub-segment of the global sterilization services market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on method, type, mode of delivery and end user.
Ethylene Oxide Sterilization
Gamma Sterilization
Steam Sterilization
Electron Beam Radiation Sterilization
Others
Contract Sterilization Services
Sterilization Validation Services
Off-Site Sterilization Services
On-Site Sterilization Services
Hospitals and Clinics
Medical Device Companies
Pharmaceutical and Biotechnology Companies
Others
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being B. Braun Medical Ltd, Belimed AG (Metall Zug AG), BGS Beta-Gamma-Service GmbH & Co. KG, E-BEAM Services Inc, Fortive Corporation, Medistri SA, MMM Group, Noxilizer Inc., Sotera Health Company, Steris Corporation and Stryker Corporation.