The global Sterilization Equipment Market size was USD 8.00 Billion in 2021 and is expected to register a revenue CAGR of 10.1% over the forecast period, according to the latest report by Reports and Data.
Infections have been related to medical treatment equipment such as ventilators and catheters. Central Line-Associated CLABSI, CAUTI, and Ventilator-Associated Pneumonia are examples of Healthcare-Associated Infections (HAIs). According to CDC estimates, HAIs cause an estimated 1.7 million infections and 99,000 deaths per year, with urinary tract infections accounting for 32% of all HAIs. Some patients, for example, are more vulnerable than others, such as those with low immune systems, the elderly, and small children. This has resulted in increased demand for sterilising equipment, which has the potential to significantly boost market revenue growth.
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Some Key Highlights from the Report
- The sterilisation equipment market is divided into four product categories: heat sterilisers, low-temperature sterilisers, sterile membrane filters, and radiation sterilisation devices. Over the projection period, the low-temperature sterilisers segment is predicted to account for the majority of revenue. Low-temperature sterilisers are further classified as ethylene oxide sterilisers, hydrogen peroxide sterilisers, and so forth. Ethylene Oxide (ETO) has been widely utilised as a low temperature sterilant in healthcare institutions in the United States for sterilising moisture and temperature-sensitive medical devices and supplies.
- Because of the rising frequency of HAIs and the presence of prominent manufacturers in this area, the North America market will account for the greatest revenue share in 2021. According to the Centers for Disease Control and Prevention's (CDC) 2020 National and State Healthcare-Associated Infections Progress Report, there has been a 24% rise in Central Line-Associated Bloodstream Infections (CLABSIs) between 2019 and 2020. Similarly, between 2019 and 2020, there was a 35% increase in Ventilator-Associated (VAE) Events, which has resulted in an increase in infectious infections among patients such as Ventilator-Associated Pneumonia (VAP). This is likely to increase sterilisation equipment demand and revenue growth in this area over the forecast period.
- STERIS bought Cantel Medical on June 2, 2021, in order to extend its goods and services abroad. The firms share a goal for infection prevention across a wide range of healthcare patients.
Key Players covered in this report are
STERIS, Sterigenics U.S., LLC. (Sotera Health company), E-BEAM Services, Inc., Fortive, Stryker, Andersen Sterilizers, Systec GmbH Co. KG, Midwest Sterilization Corporation, Celitron Medical Technologies Kft, and Cosmed Group.
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Product Outlook (Revenue, USD Billion; 2019-2030)
- Heat Sterilizers
- Depyrogenation Oven
- Steam Autoclaves
- Low-Temperature Sterilizers
- Ethylene Oxide Sterilizers
- Hydrogen Peroxide Sterilizers
- Others
- Sterile Membrane Filters
- Radiation Sterilization Devices
- Electron Beams
- Gamma Rays
- Others
End-Use Outlook (Revenue, USD Billion; 2019-2030)
- Pharmaceuticals
- Hospitals Clinics
- Food Beverage (FB)
Geographic Segment Covered in the Report:
The Sterilization Equipment report provides information about the market area, which is further subdivided into sub-regions and countries/regions. In addition to the market share in each country and sub-region, this chapter of this report also contains information on profit opportunities. This chapter of the report mentions the market share and growth rate of each region, country, and sub-region during the estimated period.
- North America (USA and Canada)
- Europe (UK, Germany, France and the rest of Europe)
- Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
- Latin America (Brazil, Mexico, and the rest of Latin America)
- Middle East and Africa (GCC and rest of the Middle East and Africa)
Major Points covered in this report are as below:
• The Sterilization Equipment industry development trends and marketing channels are analyzed. The feasibility of new investment projects are assessed and overall research conclusions offered.
• With the tables and figures, the report provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.
• Development policies and plans, manufacturing processes and cost structures are also analyzed. This report also states import/export consumption, supply and demand figures, cost, price, revenue and gross margins.
• The Sterilization Equipment Market report provides key statistics on the market status of the Sterilization Equipment manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
We can also provide the customized data for separate regions like North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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