Sterilization Equipment Market Size, Segmentation, Opportunities, Forecast 2024–2032
The global sterilization equipment market, valued at USD 9.31 billion in 2022, is projected to increase from USD 10.10 billion in 2023 to USD 19.25 billion by 2030, with a CAGR of 9.7% during the forecast period from 2023 to 2030. North America led the global market with a share of 48.76% in 2022.
In a recent study, Fortune Business Insights presents the nitty-gritty of the global Sterilization Equipment Market considering 2024–2032 as the stipulated timeframe. The business report highlights the drivers, restraints, opportunities and trends affecting market growth. Further, all the market shares associated with the market as well as the segments are expressed in terms of value and volume.
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The Sterilization Equipment Market study outlines the key regions of North America, Latin America, Europe, East Asia, Japan along with the countries contributing the most in the respective regions. The report presents detailed insights about each market player, including SWOT analysis, main market information, market share, revenue, pricing and gross margin. Prominent players covered in this research are
- STERIS (U.S.)
- Getinge AB (Sweden)
- ASP (U.S.)
- 3M (U.S.)
- Cardinal Health (U.S.)
- MMM Group (Germany)
- MATACHANA (Spain)
- Andersen Sterilizers (U.S.)
- Noxilizer Inc. (U.S.)
- Continental Equipment Company (U.S.)
Market Dynamics
The prevalence of hospital-acquired infections (HAI), such as sepsis, urinary tract infections, and surgical infections, are increasing significantly worldwide. For instance, as per the study published by the National Center for Biotechnology Information (NCBI) in 2022, the global urinary tract infection (UTI) increased by 60.4% from 252.3 million in 1990 to 404.6 million in 2019. Moreover, according to the same study, global deaths due to UTI increased by 140.2% from 1990 to 236,790 in 2019. Hospital-acquired infection can be caused due to the use of unsterilized medical equipment such as catheters. Such high mortality rates have raised concerns about patients’ safety. Several government regulatory bodies globally have announced guidelines to control the prevalence of these infections.
The insights for each vendor consist of:
- Company profile
- SWOT analysis
- Main market information
- Market share
- Revenue, pricing and gross margin
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Crucial insights in the Sterilization Equipment Market research:
- Underlying macro- and microeconomic factors impacting the growth of the Sterilization Equipment Market.
- Basic overview of Sterilization Equipment Market, including market definition, classification, and applications.
- Scrutinization of each Sterilization Equipment Market player based on mergers & acquisitions, R&D projects, and product launches.
- Adoption trend of Sterilization Equipment Market across various industries.
- Important regions and countries offering lucrative opportunities to Sterilization Equipment Market stakeholders.
Segmentation Analysis:
By Product TypeThermal SterilizersDry-heat SterilizersMoist-heat SterilizersChemical/Gas SterilizersHydrogen Peroxide SterilizersEthylene Oxide SterilizersNitrogen Dioxide SterilizersOthersOthers
Important regions covered in the Sterilization Equipment Market report include:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
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