1. Market Research
  2. > Healthcare
  3. > Medical Supply Market Trends
Sterilization Equipment Market by Product, End User - Global Forecast to 2024

Sterilization Equipment Market by Product, End User - Global Forecast to 2024

  • November 2019
  • 197 pages
  • ID: 3176844
  • Format: PDF
  • By MarketsandMarkets

Summary

Table of Contents

Search Inside

The global sterilization equipment market size is projected to register a CAGR of 7.0% during the forecast period.
The global sterilization equipment market size is projected to reach USD 12.5 billion by 2024 from USD 8.9 million in 2019, at a CAGR of 7.0%. Growth in this industry is driven by the increasing number of surgeries performed, rising incidences of hospital-acquired infections, growth in the pharmaceutical and biotechnology industries, increasing outsourcing of sterilization services, and the growing focus on food sterilization and disinfection. On the other hand, harmful effects of ethylene oxide and end user non-compliance to sterilization standards are the burning issues in this market. Additionally, e-beam sterilization and emerging economies are offering growth opportunities for players in the market.

The consumables and accessories segment is anticipated to grow at the fastest growth rate during the forecast period.
The sterilization equipment market by product & services is categorized into instruments, consumables & accessories, and services.The consumables and accessories segment is expected to register the highest CAGR during the forecast period.

The growth of this segment is mainly driven by the rising number of sterilization processes conducted, the growing importance of sterilization, and regulatory guidelines favoring the use of accessories.

The pharmaceutical companies segment is estimated to grow at a rapid rate during the analysis period.
On the basis of end users, the sterilization equipment market is segmented into hospitals and clinics, medical device companies, the food and beverage industry, pharmaceutical companies, and other end users.The pharmaceutical companies segment is expected to remain the fastest-growing segment of the global sterilization equipment market during the forecast period.

Factors such as growth in the number of pharmaceutical companies & contract manufacturers and the demand for sterilization equipment in the pharmaceutical industry are driving the growth of this segment.

Asia Pacific is estimated to register the highest CAGR during the study period.

Geographically, the sterilization equipment market is dominated by North America and followed by Europe in 2018. However, the Asia Pacific region is estimated to grow at the fastest rate owing to an increasing number of hospitals and clinics, growing population, and government initiatives for infrastructural improvements of healthcare facilities.

Breakdown of Profiles of Primary Participants:
• By Company Type: Tier 1: 32%, Tier 2: 44%, and Tier 3: 24%
• By Designation: C-level: 30%, Director-level: 34%, and Others: 36%
• By Region: North America: 40%, Europe: 28%, Asia Pacific: 20%, and the Rest of the World: 12%

The key players in the sterilization equipment market include STERIS Corporation (US), Getinge Group (Sweden), 3M Company Group (US), Belimed AG (Switzerland), MMM Group (Germany), MATACHANA Group (Spain), Sotera Health (US), Cantel Medical (US), Advanced Sterilization Products (US), Cardinal Health (US), Tuttnauer (Netherlands), DE LAMA S.p.A. (Italy), SysTec GmbH (Germany), Steelco S.p.A. (Italy), Noxilizer, Inc. (US), Merck KGaA (Germany), Sartorius AG (Germany), E-BEAM Services, Inc. (US), Life Science Outsourcing, Inc. (US), Cosmed Group, Inc. (US), and Andersen Products, Inc. (US).

Research Coverage:
The report analyzes the sterilization equipment market by products and services, end user, and region.Apart from comprehensive geographic product analysis and market sizing, the report also provides a competitive landscape that covers the growth strategies adopted by market players over the last three years.

In addition, the company profiles include the product portfolios, developments, and strategies adopted by prominent market players to maintain and increase their shares in the market. Market research data, current market size, and forecast of future trends will help key market players and new entrants to make the necessary decisions regarding product offerings, geographic focus, change in strategic approach, and levels of output to remain successful in the market.

Key Benefits of Buying the Report:
This report will enable both established firms and new entrants/smaller firms to gauge the pulse of the market, which, in turn, will help these firms garner greater market shares. Firms purchasing the report can use anyone, or a combination of the below mentioned five strategies for strengthening their market shares.

The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on the product portfolios of the top players in the sterilization equipment market
• Product Development/Innovation: Detailed insights on the product approvals, R&D activities, and product launches in the sterilization equipment industry
• Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments, and product portfolios of the leading players in the sterilization equipment market
• Market Development: Detailed information about emerging markets.
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the sterilization equipment market

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Electrosurgery Market by Product, Surgery, End User, Region - Global Forecast to 2025

Electrosurgery Market by Product, Surgery, End User, Region - Global Forecast to 2025

  • $ 4950
  • January 2020

The electrosurgery market is projected to grow at a CAGR of 5.2% during the forecast period.The global electrosurgery market is projected to reach USD 8.8 billion by 2025 from USD 6.4 billion in 2019, ...

Hospital Acquired Infection Control Market - Growth, Trends, and Forecast (2019 - 2024)

Hospital Acquired Infection Control Market - Growth, Trends, and Forecast (2019 - 2024)

  • $ 4250
  • October 2019

Market OverviewThe hospital acquired infection control market is expected to witness a CAGR of 7.3% during the forecast period. Certain factors that are driving the market growth include the increase in ...

Peripheral Vascular Stents - Medical Devices Pipeline Assessment, 2019

Peripheral Vascular Stents - Medical Devices Pipeline Assessment, 2019

  • $ 4000
  • December 2019

Peripheral Vascular Stents - Medical Devices Pipeline Assessment, 2019SummaryMedical Devices sector report, “Peripheral Vascular Stents - Medical Devices Pipeline Assessment, 2019" provides an overview ...

Wounds - Pipeline Review, H2 2019 $ 2000 December 2019


ref:plp2019

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on