Sterilization Equipment Market Introduction, Scope, Application and Development Forecast 2025

Sterilization Equipment Market Introduction, Scope, Application
and Development Forecast 2025
“The global sterilization equipment market size was worth USD 4.3 billion in
2016 which is anticipated to grow at a CAGR of more than 9.5% during the
forecast period. Various factors, which led to such huge market growth,
include increase in the aging population, rise in the number of surgeries
conducted, and surging incidences of chronic diseases.”
Industry Insights
The global Sterilization Equipment Market size was worth USD 4.3 billion in 2016 which is anticipated to grow
at a CAGR of more than 9.5% during the forecast period. Various factors, which led to such huge market growth,
include increase in the aging population, rise in the number of surgeries conducted, and surging incidences of
chronic diseases. Also, there are number of changes in the government policies and regulations which in a way
is helping the sterilization equipment market to grow and advance. Such changes in the policies have resulted
in increase in the adoption of sterilization equipment by various hospitals and diagnostic centes.
Similarly, increase in the number of government initiatives, which are stringent enough to ensure utmost quality
of the product, is making way for the sterilization equipment market to grow. Advancement in technologies of
sterilization equipment such as gamma ray filtration, radiation, microfiltration and many more have created
wide scope for sterilization equipment in the food industry.
Government bodies of developing countries such as Japan, Mexico, and Brazil, are making huge investments to
spread awareness about the application of sterilization equipment, and thereby focusing on quality and safety.
Such equipment are mainly used for sterilization and disinfection before surgeries. In regions such as Latin
America, Middle East and Asia Pacific, the market is witnessing increase in foreign investments, which is leading
to revenue generation for the market.
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Technique Insights
The heat sterilization technique captured the largest market share in 2016 in which hydrated state is preferred
more than dry state due to its greater reliability in use. It is estimated that the low temperature market segment
is expected to grow at the highest CAGR due to compatibility with thermo-labile products, lesser complex in
handling and monitoring. The introduction of various advancements in technology of the equipment for
sterilization technique has led to better business expansion and penetration to various regions around the globe.
End User Insights
The hospital segment captured the largest market share in the year 2016, due to growing infection burden,
rising number of surgeries performed, advancing technologies and rise in the number of patients being
admitted. The ever-increasing need for quality assurance and quality control by pharmaceutical company in its
manufacturing and storage processes resulted it to be the second largest segment in the global market.
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Regional Insights
North America dominated the sterilization equipment industry having largest revenue share in 2016. Increasing
incidences of disease caused by a number of infections, rise in the use of reusable surgical equipment, greater
advancement in technology is leading to greater market share of the region. Whereas, Asia Pacific is expected
to exhibit the fastest growth during the forecast period due to increasing number of medical devices
manufacturers in the region, rise in the incidences of infection, upsurge in the number of hospitals and potential
scope of growth in the food and chemical industry.
Competitive Insights
Some of the top companies operating in this industry are STERIS Corporation; Advanced Sterilization Products
Services, Inc.; Getinge Group; 3M; Cantel Medical; Belimed; and others. A huge pool of companies is focused
towards advancing the sterilization equipment technology after thorough research and development in this
sector. The most common strategy opted by companies are through mergers acquisitions and collaboration in
order to gain the maximum market share in the industry.
Market Segment:
Sterilization equipment Technique Outlook (Revenue, USD Million, 2014 - 2025)
• Heat sterilization
• Low-temperature sterilization
• Filtration sterilization
• Radiation sterilization
• Liquid sterilization

Sterilization equipment End-user Outlook (Revenue, USD Million, 2014 - 2025)
• Hospitals
• Pharmaceutical companies
• Medical devices companies
• Clinical laboratories/research centers
• Others
Sterilization equipment Regional Outlook (Revenue, USD Million, 2014 - 2025)
• North America
• U.S.
• Canada
• Europe
• Germany
• UK
• Asia Pacific
• China
• Japan
• Latin America
• Brazil
• Mexico
• MEA
• South Africa
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