Global Sterilization Equipment Market By Product (Heat Sterilizers, Low-Temperature Sterilizers, Radiation Sterilization Devices, and Sterile Membrane Filters), By End-User (Hospitals & Clinics, Pharmaceuticals, and Other End-Users), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032
- Published date: Oct 2023
- Report ID: 100686
- Number of Pages: 241
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Report Overview
The global sterilization equipment market was valued at US$ 13.5 billion in 2022 and is expected to grow US$ 32.4 billion in 2032 at a CAGR of 9.4% during 2023-2032.
Nosocomial infections, or hospital-acquired infections (HAIs), are most common in patients undergoing surgical or long-term treatment. They are used in ambulatory surgical centers, long-term care facilities such as nursing homes and rehabilitation centers, hospitals, clinics, and surgical centers.
In addition, HAIs are most common in children, elders, and patients with low immunity. Because they aid in preventing the spread of diseases and infections, sterilization equipment is necessary to clean and sterilize various hospital equipment. Some significant contributors to the rising prevalence of chronic diseases include an increase in unhealthy and sedentary lifestyles, antimicrobial resistance, alcohol consumption, and smoking.
Key Takeaways
- The global sterilization equipment market was worth USD 13.5 bn in 2022, projected to reach USD 32.4 bn by 2032 with a 9.4% CAGR during 2023-2032.
- Nosocomial infections are most common in surgical patients, necessitating sterilization equipment in hospitals, clinics, and long-term care facilities.
- Rising surgical procedures and HAIs drive market growth, emphasizing the importance of sanitation and hygiene in clinics.
- Stringent regulations and equipment costs pose challenges, inhibiting market growth.
- Sterilization of advanced medical instruments remains a significant challenge, requiring skilled staff and industry standards.
- Investment in sterilization equipment technologies and government funding for research offer growth opportunities.
- Healthcare-associated infections and food sterilization emphasize the need for sterilization equipment, driven by advanced medical devices and methods.
- In 2022, low-temperature sterilizers dominated the market, catering to the demand for sensitive medical equipment sterilization.
- In 2022, North America dominated the market with the highest revenue share of 35.6%.
- Asia-Pacific will likely grow at the fastest CAGR from 2023-2032.
Driving Factors
Rising surgical procedures and predisposition of hospital-acquired infections will boost the market growth
Predisposition to HAIs can be increased by factors such as the use of catheters, poor hygiene in healthcare settings, and excessive antibiotic use. Furthermore, an increase in the number of surgical procedures performed in clinics significantly contributes to market expansion. Therefore, proper sanitation and hygiene must be practiced for the clinic to remain healthy. In addition, controlling the spread of COVID-19 necessitates implementing preventative measures. Using sterilization equipment in clinics is likely to rise due to these factors.
The rate of hospital admissions has significantly increased due to the rising prevalence of chronic conditions.
Sterile fluids, blankets, and equipment are essential in hospitals and clinics. As a result, sterilization equipment effectively accomplishes its goal by lowering the likelihood of infection transmission among patients and enhancing care delivery. Therefore, during the forecast period, the market is expected to expand due to the rising incidence of chronic diseases.
Restraining Factors
Stringent regulations and high costs of equipment hamper the market growth
Restrictions on the use of ethylene oxide in disposable and single-use medical devices and sterilization equipment limitations are likely to hinder market growth. On the other hand, huge investments are initially expected for market growth as the equipment is expensive. Additionally, the stringent regulations and guidelines, as well as non-compliance with the standards, lead to consequences and slow down growth.
The market for sterilization equipment faces a significant obstacle when sterilizing state-of-the-art medical instruments.
Disinfecting, cleaning, and sterilizing advanced medical devices raises several issues. Patients may risk contracting HAIs if these devices are not sterilized properly. To address the difficulties of reprocessing medical devices, the Association for the Advancement of Medical instrumentation has working groups focused on creating standards in several areas. As sterile processing is a skill-intensive process, hospitals currently require staff certification.
Growth Opportunities
Increasing the investment and advancements
The market is anticipated to benefit from the ongoing development of sterilization equipment technologies. In addition, there will be numerous growth opportunities for the market due to the increasing number of investments made by the government and the emphasis placed on research and development to introduce better options for safety and prevention.
Trending Factors
Healthcare-associated infections (HAIs) and a growing emphasis on food sterilization and disinfection to propel market expansion
Invasive equipment and methods are used in modern healthcare to treat patients and aid in their recovery. Unfortunately, equipment used in medical treatment, like ventilators and catheters, has been linked to infections. Healthcare-associated infections (HAIs) include CLABSI (central line-associated bloodstream infections), CAUTI (catheter-associated urinary tract infections), and ventilator-associated pneumonia. UTIs account for 33% of all HAIs,
according to the Centers for Disease Control and Prevention (CDC), which estimates that HAIs result in 1.8 million infections and 99,000 deaths annually. For instance, some patients are more susceptible to infection than others, such as those with compromised immune systems, the elderly, and young children.
Spices and herbs can effectively combat molds and other bacteria by sterilizing food. Utilizing heat, chemical steam, low temperatures, dehydration, radiation, or the addition of concoction ingredients are typical methods for sterilization and disinfection.
Major companies such as Hitachi Zosen Corporation offer various goods, including electron beam sterilization systems and food sterilization equipment. Food and drink containers are sterilized by these sterilization systems using an electron beam irradiator (emitter) and equipment for manufacturing pharmaceuticals and regenerative medicine. Demand for sterilization equipment will rise due to these factors, boosting market revenue.
Product Analysis
In 2022, low-temperature sterilizers held the largest revenue share in the market
Based on product, the global sterilization equipment market is divided into heat sterilizers, low-temperature sterilizers, radiation sterilization devices, and sterile membrane filters. In 2022, low-temperature sterilizers accounted for the largest revenue share of the market. This is because there is a growing demand for sterilizing intricately designed medical equipment sensitive to heat and moisture. Sterilization with (EtO), hydrogen peroxide gas plasma, and other liquid chemical substances is part of this strategy.
Due to complex innovations and the changing healthcare environment, the methods have evolved over the past decade. Using costly, intricate, and delicate medical instruments that are challenging to sterilize is also driving demand.
The unmet demand for the sterilization of complex substances and the rising number of surgical procedures are some of the driving forces behind the expansion of this market.
Furthermore, due to the risks associated with various sterilants, there is a constant demand for R&D, which inspires manufacturers to work continuously on new products. In addition, target specificity and toxicity, two crucial aspects of low-temperature sterilization, necessitate improvements to the currently available sterilization chemicals. This market is expanding as a result of these elements.
Services Analysis
The ethylene oxide segment is accounted as the dominant and fastest-growing segment
Based on services, the global sterilization equipment market is classified into ethylene oxide sterilization services, steam sterilization services, gamma radiation sterilization services, X-Ray services, and electron beam services. In 2022, the market was dominated by ethylene oxide sterilization services, which are anticipated to be the fastest-growing segment between 2023 and 2032.
Sterilization with ethylene oxide is a standard and widely used method. The medical device industry and bioburden minimization services for bulk products such as agricultural produce, spices, pharmaceutical raw materials, and cosmetics can benefit from ethylene oxide sterilization services. The shifting healthcare environment and complex innovations have influenced the techniques’ development over the past ten years.
Another factor driving demand is the use of costly, intricate, and delicate medical instruments that are difficult to sterilize. In addition, the unmet demand for complex substance sterilization, an expanding patient population, and rising life expectancy are driving this market’s expansion.
End-User Analysis
The hospitals & clinics segment dominates the market of sterilization equipment
The global sterilization market is segmented into hospitals & clinics, pharmaceuticals, and other end-users based on end-user. During the forecast period, it is anticipated that the hospitals & clinics segment will dominate the market for sterilization equipment with the largest share. This segment’s expansion can be attributed to the rising rate of HAIs, the expanding number of hospitals and clinics in Asian nations, the expanding number of annual surgeries, and the expanding number of government efforts to diagnose HAIs.
Key Market Segments
Based on Product
- Heat Sterilizers
- Low-temperature Sterilizers
- Radiation Sterilization Devices
- Sterile Membrane Filters
Based on Services
- Ethylene Oxide Sterilization Services
- Steam Sterilization Services
- Gamma Radiation Sterilization Services
- X-Ray Services
- Electron Beam Services
Based on End-User
- Hospitals & Clinics
- Pharmaceuticals
- Other End-Users
Regional Analysis
In 2022, North America dominated the market and contributed more than 35.6% of global revenue.
Based on region, the market for sterilization equipment is classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The region’s rising incidence of hospital-acquired infections and favorable reimbursement policies are major factors responsible for this region’s significant market share. In addition, sterilization equipment is required in hospitals & clinics by strict regulatory policies that ensure safe and high-quality healthcare, like the Patient Protection and Affordable Care Act, which is expected to drive market expansion in the coming years.
The Asia Pacific region is anticipated to experience substantial growth in the coming years
Due to factors such as the increasing demand for non-disposable medical devices, rising awareness of hygiene in hospitals & clinics, and the growing need to control hospital-acquired infections, the market in the Asia-Pacific region is anticipated to experience significant growth. Most of the nations in the region, including India, Malaysia, Singapore, and Thailand, are members of the Organization for Economic Co-operation and Development (OECD).
Their compliance with the Mutual Acceptance of Data (MAD) Act specifies regulatory compliance in the healthcare sector, attracting major market players to initiate production facilities in these nations.
Key Regions
- North America
- The US
- Canada
- Mexico
- Western Europe
- Germany
- France
- The UK
- Spain
- Italy
- Portugal
- Ireland
- Austria
- Switzerland
- Benelux
- Nordic
- Rest of Western Europe
- Eastern Europe
- Russia
- Poland
- The Czech Republic
- Greece
- Rest of Eastern Europe
- APAC
- China
- Japan
- South Korea
- India
- Australia & New Zealand
- Indonesia
- Malaysia
- Philippines
- Singapore
- Thailand
- Vietnam
- Rest of APAC
- Latin America
- Brazil
- Colombia
- Chile
- Argentina
- Costa Rica
- Rest of Latin America
- Middle East & Africa
- Algeria
- Egypt
- Israel
- Kuwait
- Nigeria
- Saudi Arabia
- South Africa
- Turkey
- United Arab Emirates
- Rest of MEA
Key Players Analysis
The competitive landscape in the sterilization equipment market is consolidated, with a few key regional and local players. Major players are forming strategic alliances to expand their respective portfolios and establish a solid foothold in the market. The major players in the market have recently employed various tactics to stay ahead of the competition, including introducing new products, technological equipment updates, partnerships, and collaborations in research and development.
Major corporations also hire distributors to expand their business, which has been used as a market penetration strategy to expand their regional reach.
Market Key Players
Listed below are some of the prominent players in the sterilization equipment market
- STERIS Plc.
- Sterigenics U.S., LLC
- Fortive
- Cantel Medical
- E-BEAM Services, Inc.
- 3M Company
- MATACHANA GROUP
- MMM Group
- Cosmed Group
- Metall Zug Group
- Other Key Players
Recent Developments
- In May 2022, Sterigenics S.A.S., a Sotera Health Company subsidiary, expanded its electron beam (E-beam) facility in Columbia City, Indiana. The facility ensures that medical devices and pharmaceuticals are safe.
- In November 2021, Getinge established its legal entity, Getinge Vietnam, expanding its presence in Vietnam. The company focuses on expanding the distribution of sterile reprocessing products for hospitals and research laboratories, among other products.
- In June 2021, STERIS Plc acquired Cantel, a global provider of infection prevention products & services, to diversify its vast portfolio of sterilization instruments and services.
Report Scope
Report Features Description Market Value (2022) US$ 13.5 Bn Forecast Revenue (2032) US$ 32.4 Bn CAGR (2023-2032) 9.4% Base Year for Estimation 2022 Historic Period 2016-2022 Forecast Period 2023-2032 Report Coverage Revenue Forecast, Market Dynamics, COVID-19 Impact, Competitive Landscape, Recent Developments Segments Covered By Product – Heat Sterilizers, Low-temperature Sterilizers, Radiation Sterilization Devices, and Sterile Membrane Filters; By Services – Ethylene Oxide Sterilization Services, Steam Sterilization Services, Gamma Radiation Sterilization Services, X-Ray Services, and Electron Beam Services; By End-User – Hospitals & Clinics, Pharmaceuticals, and Other End-Users Regional Analysis North America – The US, Canada, & Mexico; Western Europe – Germany, France, The UK, Spain, Italy, Portugal, Ireland, Austria, Switzerland, Benelux, Nordic, & Rest of Western Europe; Eastern Europe – Russia, Poland, The Czech Republic, Greece, & Rest of Eastern Europe; APAC – China, Japan, South Korea, India, Australia & New Zealand, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, & Rest of APAC; Latin America – Brazil, Colombia, Chile, Argentina, Costa Rica, & Rest of Latin America; the Middle East & Africa – Algeria, Egypt, Israel, Kuwait, Nigeria, Saudi Arabia, South Africa, Turkey, United Arab Emirates, & Rest of MEA Competitive Landscape STERIS Plc., Sterigenics U.S., LLC, Fortive, Cantel Medical, E-BEAM Services, Inc., 3M Company, MATACHANA GROUP, MMM Group, Cosmed Group, Metall Zug Group, Other Key Players Customization Scope Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements. Purchase Options We have three licenses to opt for Single User License, Multi-User License (Up to 5 Users), Corporate Use License (Unlimited User and Printable PDF) Frequently Asked Questions (FAQ)
What is the projected market value of the global sterilization equipment market?The global sterilization equipment market was valued at US$ 13.5 billion in 2022 and is expected to grow at a CAGR of 9.4% during 2023-2032.
What is the estimated growth rate (CAGR) of the global sterilization equipment market for the next five years?expected to grow at a CAGR of 9.4% during 2023-2032.
What are the key driving factors for the growth of the Sterilization Equipment Market?The demand for sterilization equipment is increasing at a very high rate because of factors such as the rising need for hospital beds and intensive care units (ICUs), the expansion of isolation facilities, and rising consumer awareness of sterilizing products and services for medical devices and single-use products have all raised sterilization product and service demand.
Sterilization Equipment MarketPublished date: Oct 2023add_shopping_cartBuy Now get_appDownload Sample - STERIS Plc.
- Sterigenics U.S., LLC
- Fortive Company Profile
- Cantel Medical
- E-BEAM Services, Inc.
- 3M Company Company Profile
- MATACHANA GROUP
- MMM Group
- Cosmed Group
- Metall Zug Group
- Other Key Players
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