Overview


According to FutureWise analysis the market for Sterilization Services in 2023 is US$ 4.05 billion, and is expected to reach US$ 6.71 billion by 2031 at a CAGR of 6.50%.

The rising emphasis of pharma companies on outsourcing the sterilizations processes, growing incidences of infections acquired through hospitals, soaring number of surgeries are some factors responsible for the growth of the market. Furthermore, growing insistence for e-beam sterilization shall bolster the sterilization services market growth. Advancements in sterilization technology has substantially boosted the market demand with plasma sterilization has proven to be a promising alternative for traditional sterilization methods. Additionally, the acceptance of plasma sterilization methods has considerably propelled the market expanse owing to its toxic-free characteristics and its one-minute turnaround time.

Pulsed light sterilization method has gained popularity along with plasma sterilization which has triggered the usage of novel instruments and materials. Moreover, R D activities over the past twenty years ahs mainly focused on analysing the natural characteristics of low-pressure plasma sterilization. Capacity coupled plasma, electron cyclotron resonance plasma and inductively coupled plasma are some of the sterilization services that are used extensively and are studied worldwide. As per the operators of the sterilization services across the world, the traditional sterilization services like autoclaves and e-beam shall possibly be adopted at a higher rate as they are fast and cost-effective while the low pressure plasma sterilization shall garner maximum traction in the plastic sector as the sterilization of non-degradable and biodegradable plastics has risen over the past few years.

  • STERIS
  • Cantel Medical
  • Cretex Companies
  • E-BEAM Services
  • Medistri, Beta-Gamma-Service
  • Sterigenics International
  • COSMED Group
  • Life Science Outsourcing
  • Noxilizer
  • Centurion Medical Products
  • Johnson & Johnson
  • Stryker

(Note: The list of the major players will be updated with the latest market scenario and trends)

By Sterilization Method

  • Steam Sterilization
  • Ethyl Oxide Sterilization
  • Election Beam Radiation Sterilization
  • Gamma Sterilization
  • Others

By Type

  • Contract Sterilization Services
  • Sterilization Validation Services

By Mode of Delivery

  • Off-Site Sterilization Services
  • On-Site Sterilization Services

By End User

  • Hospitals & Clinics
  • Medical Device Companies
  • Stem Cell Banks/ Laboratories
  • Others

By Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

The market is categorised into sterilization method, type, mode of delivery, end user and region. The sterilization method segment is fragmented into stem sterilization, ethyl oxide sterilization, election beam radiation sterilization, gamma sterilization and others. The ethyl oxide segment is anticipated to hold the largest sterilization services market share owing to its wide range of applications like food testing, medical device sterilization, pharmaceutical sterilization and disinfection and sterilization in the life science sector. Furthermore, benefits like high compatibility of materials, penetration capabilities and low usage costs shall boost the segment growth.

The type segment is classified into sterilization validation services and contract validation services. The contract sterilization services segment is predicted to dominate the market, and this can be credited to increasing prioritization for contract sterilization services along with rising sterile process outsourcing by hospitals. The mode of delivery segment is diversified into onsite sterilization and offsite sterilization. The offsite sterilization segment is anticipated to lead the market owing to limitations in in-house departments of sterile processing, greater throughput with risk-free finance. The end user segment is divided into hospitals and clinics, pharmaceutical
biotechnology, medical device companies and other end users. 

The North America region is predicted to dominate the market and this can be credited to rising prevalence of hospital-acquired infections, increased sterilization service outsourcing, stringent regulations for using sterilised devices and a strong presence of key market players in the region. The Asia Pacific region, on the other hand, is anticipated to grow at a substantial rate during the forecast period owing to rising prevalence of nosocomial infections improvements in the healthcare infrastructure.

  • Tier 1 players- established companies in the market with a major market share
  • Tier 2 players
  • Emerging players which are growing rapidly
  • New Entrants

  • Growth prospects
  • SWOT analysis
  • Key market trends
  • Key data-points affecting market growth

  • To provide with an exhaustive analysis on the global sterilization services market by sterilization method, By Type, By Mode of Delivery, By End User and By Region
  • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints)
  • To evaluate and forecast micro-markets and the overall market
  • To predict the market size, in key regions (along with countries)— North America, Europe, Asia Pacific, Latin America and Middle East and Africa
  • To record, evaluate and analyze competitive landscape mapping- product launches, technological advancements, mergers and expansions

 

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Table of Contents


  • 1.   Market Introduction
    •   1. Objectives of the Study
        2. Market Definition
        3. Market Scope
         3.1. Years Considered for the Study
         3.2. Market Covered
        4. Currency
        5. Limitations
        6. Stakeholders
  • 2.   Research Methodology
    •   1. Research Data
         1.1. Secondary Data
          1.1.1. Key Data from Secondary Sources
         1.2. Primary Data
          1.2.1. Key Data from Primary Sources
        2. Market Size Estimation
        3. Market Breakdown and Data Triangulation
        4. Assumptions for the Study
  • 3.   Executive Summary
    •   1. Market Outlook
        2. Segment Outlook
        3. Competitive Insights
  • 4.   Sterilization Services Market Variables, Trends and Scope
    •   1. Market Lineage Outlook
        2. Penetration and Growth Prospect Mapping
        3. Industry Value Chain Analysis
        4. Cost Analysis Breakdown
        5. Technology Overview
        6. Regulatory Framework
         6.1. Reimbursement Framework
         6.2. Standards and Compliances

  • 5.   Market Overview
    •   1. Market Dynamics
         1.1. Market Driver Analysis
          1.1.1. Increasing focus of Sterilization Services Market Companies on Brand Protection
          1.1.2. Untapped Opportunities in Emerging Regions
         1.2. Market Restraint Analysis
          1.2.1. High Cost Associated with Implementation of Predictive Analysis
         1.3. Industry Challenges
          1.3.1. Presence of Ambiguous Regulatory Framework
  • 6.   Sterilization Services Market Analysis Tools
    •   1. Industry Analysis - Porter’s
         1.1. Supplier Power
         1.2. Buyer Power
         1.3. Substitution Threat
         1.4. Threat from New Entrants
         1.5. Competitive Rivalry
        2. Pestel Analysis
         2.1. Political Landscape
         2.2. Environmental Landscape
         2.3. Social Landscape
         2.4. Technology Landscape
         2.5. Legal Landscape
        3. Major Deals And Strategic Alliances Analysis
         3.1. Joint Ventures
         3.2. Mergers and Acquisitions
         3.3. Licensing and Partnership
         3.4. Technology Collaborations
         3.5. Strategic Divestments
        4. Market Entry Strategies
        5. Case Studies
  • 7.   Sterilization Services Market, By Sterilization Method Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Steam Sterilization
        2. Ethyl Oxide Sterilization
        3. Election Beam Radiation Sterilization
        4. Gamma Sterilization
        5. Others

  • 8.   Sterilization Services Market, By Type Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Contract Sterilization Services
        2. Sterilization Validation Services

  • 9.   Sterilization Services Market, By Mode of Delivery Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Off-Site Sterilization Services
        2. On-Site Sterilization Services

  • 10.   Sterilization Services Market, By End User Historical Analysis and Forecast 2023-2031 (USD Million)
    •   1. Hospitals & Clinics
        2. Medical Device Companies
        3. Stem Cell Banks/ Laboratories
        4. Others

  • 11.   North America Sterilization Services Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. U.S.A
         2.2. Canada
         2.3. Mexico
        3. Market Size (USD Million) Forecast for North America 2023-2031

  • 12.   Latin America Sterilization Services Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Brazil
         2.2. Venezuela
         2.3. Argentina
         2.4. Rest of Latin America
        3. Market Size (USD Million) Forecast for Latin America 2023-2031

  • 13.   Europe Sterilization Services Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Germany
         2.2. U.K
         2.3. France
         2.4. Italy
         2.5. Spain
         2.6. Russia
         2.7. Poland
         2.8. Rest of Europe
        3. Market Size (USD Million) Forecast for Europe 2023-2031

  • 14.   Asia Pacific Sterilization Services Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. Japan
         2.2. China
         2.3. India
         2.4. Australia and New Zealand
         2.5. ASEAN
         2.6. Rest of Asia Pacific
        3. Market Size (USD Million) Forecast for Asia Pacific 2023-2031

  • 15.   Middle East and Africa Market Analysis 2017-2022 and Forecast 2023-2031 (USD Million)
    •   1. Introduction
        2. Historical Market Size (USD Million) Analysis By Country, 2017-2022
         2.1. GCC
         2.2. Israel
         2.3. South Africa
         2.4. Rest of MEA
        3. Market Size (USD Million) Forecast for MEA 2023-2031

  • 16.   Market Share Analysis and Competitive Landscape
    •   1. Global Landscape - Key Players, Revenue and Presence
        2. Global Share Analysis - Key Players (Tier 1, Tier 2, Tier 3)
        3. Global Emerging Companies
        4. North America - Market Share Analysis and Key Regional Players
        5. Europe - Market Share Analysis and Key Regional Players
        6. Asia Pacific - Market Share Analysis and Key Regional Players
        7. Global Key Player - Growth Matrix
  • 17.   Company Profiles (Competition Dashboard, Competitors Deep Dive, Products Offered and Financial Layouts)
    •   1. STERIS
         1.1. Company Overview
         1.2. Product Portfolio
         1.3. SWOT Analysis
         1.4. Financial Overview
         1.5. Strategic Overview
        2. Cantel Medical
         2.1. Company Overview
         2.2. Product Portfolio
         2.3. SWOT Analysis
         2.4. Financial Overview
         2.5. Strategic Overview
        3. E-BEAM Services
         3.1. Company Overview
         3.2. Product Portfolio
         3.3. SWOT Analysis
         3.4. Financial Overview
         3.5. Strategic Overview
        4. Medistri
         4.1. Company Overview
         4.2. Product Portfolio
         4.3. SWOT Analysis
         4.4. Financial Overview
         4.5. Strategic Overview
        5. Beta-Gamma-Service
         5.1. Company Overview
         5.2. Product Portfolio
         5.3. SWOT Analysis
         5.4. Financial Overview
         5.5. Strategic Overview
        6. Sterigenics International
         6.1. Company Overview
         6.2. Product Portfolio
         6.3. SWOT Analysis
         6.4. Financial Overview
         6.5. Strategic Overview
        7. COSMED Group
         7.1. Company Overview
         7.2. Product Portfolio
         7.3. SWOT Analysis
         7.4. Financial Overview
         7.5. Strategic Overview
        8. Life Science Outsourcing
         8.1. Company Overview
         8.2. Product Portfolio
         8.3. SWOT Analysis
         8.4. Financial Overview
         8.5. Strategic Overview
        9. Noxilizer
         9.1. Company Overview
         9.2. Product Portfolio
         9.3. SWOT Analysis
         9.4. Financial Overview
         9.5. Strategic Overview
        10.Centurion Medical Products
         10.1. Company Overview
         10.2. Product Portfolio
         10.3. SWOT Analysis
         10.4. Financial Overview
         10.5. Strategic Overview
        11.Johnson & Johnson
         11.1. Company Overview
         11.2. Product Portfolio
         11.3. SWOT Analysis
         11.4. Financial Overview
         11.5. Strategic Overview
        12.Stryker
         12.1. Company Overview
         12.2. Product Portfolio
         12.3. SWOT Analysis
         12.4. Financial Overview
         12.5. Strategic Overview

  • 18.   Pre and Post COVID-19 Impact
    •   1. Positive influence on the healthcare industry
        2. The financial disruption of the manufacturing sector
        3. Impact of COVID-19 on emerging companies
        4. Significant mandates in the healthcare regulations initiated by administrations
        5. The overall economic slowdown of the developing and developed nations
  • 19.   FutureWise SME Key Takeaway Points for Client
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