Sterilization Services Market

Global Sterilization Services Market is valued at USD 3695.2 Million in 2022 and is expected to reach USD 6130.52 Million by 2029 with a CAGR of 7.50% over the forecast period.

Increasing focus on outsourcing sterilization processes among pharmaceutical companies, hospitals, and medical device manufacturers are augmenting the growth of the sterilization services market.

Scope of the Global Sterilization Services Market Report:-

Sterilization services are utilized by the medical technology industry to rid medical and diagnostic devices of bacteria and other microorganisms. Such services include electron beam sterilization, ethylene oxide sterilization, steam sterilization, and other procedures. Sterilization is the process of removing or killing biological agents. Biological agents are microorganisms and spore forms, such as, bacteria, fungi, viruses, and protozoa. Effective sterilization can be achieved by a combination of heat, high pressure, radiation, chemical, and filtration. The advanced equipment used to provide sterilization services is capable of killing and disabling the molecular form of prions which are infectious protein. With the use of new and more medical devices across the healthcare facilities, the type of sterilization services needs improvement by the companies operating in this market. 

Global Sterilization Services Market Segmentation:-

Global sterilization services market report is segmented on the basis of service, application, indication, end-user, and regional & country level. Based upon service sterilization services market is classified into clinical trials, toxicology, market authorization, and regulatory support, and others. Based upon application sterilization services market is classified into pet, livestock, and wild. Based upon indication sterilization services market is classified into oncology, infectious, diseases, neurology, and others. Based upon end-user sterilization services market is classified into biopharmaceutical companies and others.

By Service Type:-

• Clinical Trials
• Toxicology
• Market Authorization
• Regulatory Support
• Others

By Application:-

• Pet
• Livestock
• Wild

By Indication:-

• Oncology
• Infectious Diseases
• Neurology
• Others

By End-User:-

• Biopharmaceutical Companies
• Others

The regions covered in this global sterilization services market report are North America, Europe, Asia-Pacific, and the Rest of the World. On the basis of country level, the sterilization services market is sub divided into U.S., Mexico, Canada, UK, France, Germany, Italy, China, Japan, India, South East Asia, GCC, Africa, etc.

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Sterilization Companies:

Global sterilization services market report covers prominent players are like,

• BGS Beta-Gamma-Service GmbH & Co. KG
• Cosmed Group
• E-BEAM Services Inc
• Life Science Outsourcing Inc.
• MEDISTRI SA
• Midwest Sterilization Corporation
• Sterigenics U.S. LLC
• Microtrol Sterilisation Services Pvt Ltd.
• Cantel Medical
• STERIS plc.
• Others.

Global Sterilization Services Market Dynamics -

Rising prevalence of hospital-acquired infections growth in the number of surgical procedures and increasing focus on food sterilization and disinfection are some factors driving the growth of the market. According to the latest data from the National Center for Health Statistics, 48 million surgical inpatient procedures were performed in the United States. However, strict regulatory rule forced by the FDA and other government bodies and hazards associated with the sterilization process, such as, carcinogenic properties of chemical used in the process as well as tendency of irradiation responsible for cell damage are some of the factors which are anticipated to impact the growth of the market. Moreover, factors such as the growth in the medical devices industry and increasing demand for e-beam sterilization are further providing growth opportunities for the global market during the forecast period.

Global Sterilization Services Market Regional Analysis -

North America dominates the sterilization services market due to rising surgical procedures in the market thereby increasing the need for sterilization of surgical rooms is expected to drive the market growth. Moreover, healthcare-associated infections create additional suffering for patients, increase hospital stays with high cost, and resist the function of antimicrobials. According to the WHO, annual expenditure due to healthcare-associated infections is estimated to be approximately USD 7.7 billion in Europe and USD 6.5 billion in the US.

In 2016, the asia-pacific region had around 10 million patients visiting for the solution to their medical problems, this instance is commonly known as medical tourism and this number is expected to rise annually by 15-17 % and therefore the need for sterilized equipment and surgical rooms is at extreme importance.

On Special Requirement Sterilization Services Market The report is also available for the below Regions and Country:

North America

• U.S.
• Canada

Europe

• Germany
• France
• U.K.
• Italy
• Spain
• Sweden
• Netherland
• Turkey
• Switzerland
• Belgium
• Rest of Europe

Asia-Pacific

• South Korea
• Japan
• China
• India
• Australia
• Philippines
• Singapore
• Malaysia
• Thailand
• Indonesia
• Rest Of APAC

Latin America

• Mexico
• Colombia
• Brazil
• Argentina
• Peru
• Rest of South America

Middle East and Africa

• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest Of MEA

Report Analysis	Details
Historical data	2015 - 2020
Forecast Period	2022 - 2029
Market Size in 2022:	USD 3695.2 Million
Base year considered	2020
Forecast Period CAGR %:	7.50 %
Market Size Expected in 2029:	USD 6130.52 Million
Tables, Charts & Figures:	175
Pages	200
Sterilization Companies	BGS Beta-Gamma-Service GmbH & Co. KG, Cosmed Group, E-BEAM Services Inc, Life Science Outsourcing Inc., MEDISTRI SA, Midwest Sterilization Corporation, Sterigenics U.S. LLC, Microtrol Sterilisation Services Pvt Ltd., Cantel Medical, STERIS plc., Others
Segments Covered	By Service Type, By Application, By Indication, By End-User
Regional Analysis	North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa

Key Benefits for Global Sterilization Services Reports –

• Global Sterilization Services report covers in-depth historical and forecast analysis.
• Global Sterilization Services research report provides detailed information about Market Introduction, Sterilization Companies, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
• Global Sterilization Services report helps to identify opportunities in the marketplace.
• Global Sterilization Services report covers an extensive analysis of emerging trends and competitive landscape.