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Sterilization Equipment Market Size Worth $15.6 Billion by 2030: Grand View Research, Inc.

SAN FRANCISCO, May 10, 2022 /PRNewswire/ -- The global sterilization equipment market is expected to reach USD 15.6 billion by 2030, registering a CAGR of 10.5%, according to a new report by Grand View Research, Inc. The rising incidence of Hospital Acquired Infections (HAIs), impact of the COVID-19 outbreak, and the increasing number of surgical procedures are the key driving factors of the market.

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Key Insights & Findings from the report:

  • In terms of revenue, low-temperature sterilizers segment held the largest share in 2021It is a widely accepted technique in healthcare facilities for equipment and devices that can tolerate both heat and moisture.
  • Asia Pacific is anticipated to witness the fastest growth over the forecast period owing to the rising number of surgeries and the presence of many local players.
  • Prominent players present in the sterilization equipment market are Steris PLC, Sterigenics U.S., LLC, Cantel Medical, E-BEAM Services, Inc., and Fortive

Read 120-page market research report, "Sterilization Equipment Market Size, Share & Trends Analysis Report By Product (Heat Sterilizers, Low-temperature Sterilizers, Sterile Membrane Filters, And Radiation Sterilization Devices), By Region, And Segment Forecasts, 2022 - 2030", published by Grand View Research.

Sterilization Equipment Market Growth & Trends

The recent outbreak of COVID-19 is anticipated to significantly impact the market. The pandemic caused by the virus SARS-CoV-2 has drastically increased the demand for medicines, emergency supplies, and hospital equipment including gowns, antiseptics, and disinfectant products.

The COVID-19 outbreak and increasing hospital admissions across the globe have significantly increased the demand for sterilization equipment. Consequently, the use of sterilization equipment has also increased due to the increasing number of patients in hospitals & clinics. Proper and regular sterilization of medical devices is one of the essential requirements for treating patients suffering from COVID-19. In such cases, demand for sterilization equipment is anticipated to increase, which is in turn expected to propel the market growth. Therefore, the outbreak of COVID-19 is a high-impact rendering driver for this market.

Sterilization Equipment Market Segmentation

Grand View Research has segmented the sterilization equipment market report on the basis of product and region:

Sterilization Equipment Market - Product Outlook (Revenue, USD Million, 2018 - 2030)

  • Heat Sterilizers
    • Depyrogenation Oven
    • Steam Autoclaves
  • Low-temperature Sterilizers
    • Ethylene oxide sterilizers
    • Hydrogen peroxide sterilizers
    • Others
  • Sterile Membrane Filters
  • Radiation Sterilization Devices
    • Electron beams
    • Gamma rays
    • Others

Sterilization Equipment Market - Regional Outlook (Revenue, USD Million, 2018 - 2030)

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Spain
  • Asia Pacific
    • Japan
    • China
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • South Africa
    • Saudi Arabia

List of Key Players in Sterilization Equipment Market

  • STERIS PLC.
  • Sterigenics U.S., LLC
  • Cantel Medical
  • E-BEAM Services, Inc.
  • Fortive

Check out more related studies published by Grand View Research:

  • Hydrogen Peroxide Market - The global hydrogen peroxide market size is projected to reach USD 2.26 billion by 2028. Rising demand for the product from the global healthcare sector to formulate sanitizers and other disinfectant products is projected to remain the key factor driving the industry.
  • Infection Control Market - The global infection control market size is expected to reach USD 359.6 Billion by 2030. The market is expected to register a CAGR of 6.7% from 2022 to 2030. The market is driven by rising concerns with respect to a significant upsurge in hospital-acquired infections globally.
  • Terminal Sterilization Services Market - The global terminal sterilization services market is expected to reach USD 24.39 billion by 2030.The market is expected to expand at a CAGR of 10.63% from 2022 to 2030. Increasing the number of hospital-acquired infections globally is likely to stimulate the market demand.

Browse through Grand View Research's Medical Devices Industry Research Reports.

About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research Helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead.

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Grand View Research, Inc.
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SOURCE Grand View Research, Inc.

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