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2021

Sterilization Services Market

Sterilization Services Market Size, Share, Competitive Landscape and Trend Analysis Report by Method, Mode of Delivery and End User : Global Opportunity Analysis and Industry Forecast, 2021-2030

LS : Medical Devices & Supplies

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Author's: Sushant Terdale | Roshan Deshmukh
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Sterilization Services Market Overview 2030

The global sterilization services market size was valued at $3,381 million in 2020, and is projected to reach $5,594 million by 2030, registering a CAGR of 5.1% from 2021 to 2030. 

Sterilization services are recognized as the way of eliminating unwanted microorganisms present in the environment. In sterilization services, physical or chemical methods are used to kill spore, microbes, and viruses. In hospitals & other medical facilities, the risk of cross-infection from equipment, surface & skin of patient, and healthcare staff as well as contamination of pharmaceutical or other products has increased considerably. Thus, sterilization services serve as an ideal method to inhibit the growth of microorganisms. Different types of sterilization services include ethylene oxide (ETO) sterilization, gamma sterilization, and e-beam sterilization.

Global-Sterilization-Services Market

Increase in incidence of hospital-acquired infections; surge in number of surgical procedures that need high intensity infection prevention & control; rise in number of government awareness programs to ensure high degree infection prevention; increase in geriatric population; and rise in cases of chronic diseases such as diabetes, cancer, heart obesity, and respiratory disorders act as the key driving forces of the global sterilization services market. In addition, increase in need for sterilization services in hospitals & clinics, technological advancements in sterilization equipment, and surge in outsourcing of sterilization services among hospitals and pharmaceutical & medical device companies are expected to boost the growth of the sterilization services market. However, concerns regarding the safety of reprocessed instruments are expected to restrain the growth of the market. Conversely, high growth potential in emerging countries is expected to offer lucrative opportunities during the forecast period.

The World Health Organization (WHO) on January 30, 2020 declared COVID-19 outbreak a public health emergency of international concern. COVID-19 has affected around 210 countries across the globe. Equipment sterilization process plays a critical role in inhibiting the spread of COVID-19 infection in healthcare settings. Patient to patient pathogen transmission via medical equipment can be completely prevented by properly sterilizing medical equipment. The use of reprocessed equipment to sterilize or disinfect medical devices was higher than normal during the COVID-19 pandemic since inappropriate decontamination of respiratory care devices, surgical instruments, reusable hemodialysis machines, and endoscopic devices may increase the risk of COVID-19 infection. These factors have augmented the demand for sterilization services to ensure appropriate sterilization of medical devices. Thus, the outbreak of COVID-19 positively impacted the growth of the global market.

Sterilization Services Market Segmentation  

The sterilization services market is segmented into method, mode of delivery, end user, and region. On the basis of method, the market is categorized into ethylene oxide (ETO) sterilization, gamma sterilization, E-beam sterilization, and other methods. By mode of delivery, it is divided into off-site sterilization services and on-site sterilization services. The off-site sterilization services segment is further divided into ethylene oxide (ETO) sterilization, gamma sterilization, E-beam sterilization, and other methods. The on-site sterilization services segment is further divided into ethylene oxide (ETO) sterilization, gamma sterilization, E-beam sterilization, and other methods. Depending on end user, it is categorized into hospitals & clinics, pharmaceutical & medical device companies, and others. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Segment review 

On the basis of method, the ethylene oxide (ETO) sterilization segment was the major revenue contributor, and is projected to grow significantly during the forecast period. This is attributed to wide usage of ETO sterilization in sterilization & disinfection in the life sciences industry. 

Sterilization Services Market
By Method
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ETO Sterilization segment is projected as one of the most lucrative segment.

By end user, the pharmaceutical & medical device companies segment was the major shareholder in the sterilization services market, owing to surge in prevalence of hospital-acquired infections (HAIs), increase in number of pharmaceutical & medical device companies, rise in adoption of single-use medical devices, and increase in outsourcing of sterilization services among pharmaceutical & medical device companies across the globe.

Sterilization Services Market
By End User
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Pharmaceutical and medical device companies segment held a dominant position in 2020 and will continue to maintain the lead over the forecast period.

Snapshot of Asia-Pacific sterilization services market  

Asia-Pacific is expected to offer lucrative opportunities for key players operating in the sterilization services market, owing to increase in incidence of hospital-acquired infections in emerging economies, rise in adoption of sterilization equipment, development of the R&D sector, rise in healthcare reforms, and technological advancements in medical device manufacturing, Moreover, surge in funding from government and nongovernment sectors to create awareness about infection prevention & control, and presence of high population base contribute toward the growth of the market. In addition, surge in focus of leading manufacturers on expanding their presence in emerging Asia-Pacific countries to capture high market share is expected to drive the growth of the sterilization services market in the region.

Sterilization Services Market
By Region
2030
North America 
Europe
Asia-Pacific
LAMEA

Asia-Pacific would exhibit the highest CAGR of 5.9% during 2021-2030.

Key Benefits For Stakeholders

  • The study provides an in-depth analysis of the sterilization services market size along with the current trends and future estimations to elucidate the imminent investment pockets.
  • It offers sterilization services market analysis from 2020 to 2030, which is expected to enable the stakeholders to capitalize on the prevailing opportunities in the market.
  • A comprehensive analysis of four regions is provided to determine the prevailing opportunities.
  • The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook and global sterilization services market growth.

Sterilization Services Market Report Highlights

Aspects Details
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By METHOD
  • Ethylene oxide (ETO) sterilization
  • Gamma Sterilization
  • E-beam sterilization
  • Other methods
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By MODE OF DELIVERY
  • On-site sterilization services
  • Off-site sterilization services
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By END USER
  • Hospitals & clinics
  • Pharmaceutical & medical device companies
  • Other end users
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By Region
  • North America  (US, Canada, Mexico)
  • Europe  (Germany, France, UK, Italy, Spain, rest of Europe)
  • Asia-Pacific  (Japan, China, Australia, India, South Korea, rest of Asia-Pacific)
  • LAMEA  (Brazil, Saudi Arabia, South Africa, rest of LAMEA)
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Key Market Players

E-BEAM SERVICES, INC, H.W.ANDERSEN PRODUCTS LTD., FORTIVE CORPORATION, METALL ZUG AG, STRYKER CORPORATION, SOTERA HEALTH LLC., NOXILIZER INC, STERIS PLC, MEDISTRI SA., MMM GROUP

Analyst Review

Sterilization eliminates microorganisms on surface of a medical device or in a fluid to prevent disease transmission. These diseases can be spread, indirectly or directly, from infected or non-sterilized medical or surgical equipment used to treat a person, or from presence in the infected environment of any healthcare facility. Sterilization is the most preferred measure to prevent these infections.

The factors such as rise in incidence of hospital-acquired infections, increase in number of surgical procedures, surge in medical device reprocessing industry, and increase in incidence of chronic diseases associated with rise in geriatric population are expected to drive the growth of the sterilization services market. Moreover, rise in adoption E-beam sterilization boosts the growth of the market. However concerns regarding the safety of reprocessed instruments are expected to restrain the growth of the sterilization services market.

Author Name(s) : Sushant Terdale | Roshan Deshmukh
Frequently Asked Questions?

The total market value of Sterilization Services market is $3,380.6 million in 2020.

The forcast period for Sterilization Services market is 2021 to 2030

The market value of Sterilization Services market in 2021 is $3,576.7 million.

The base year is 2020 in Sterilization Services market

Top companies such as E-BEAM Services, Inc., Fortive Corporation, Metall Zug AG., MMM Group, Sotera Health LLC., Steris Plc., and Stryker Corporation held a high market position in 2020. These key players held a high market postion owing to the strong geographical foothold in different regions.

Ethylene oxide (ETO) sterilization segment is the most influencing segment owing to wide usage in various applications, including pharmaceutical sterilization, medical devices, and sterilization & disinfection in the life sciences industry.

Increase in incidence of hospital-acquired infections, surge in number of surgical procedures that need high intensity infection prevention & control, rise in number of government awareness program to ensure high degree infection prevention, increase in geriatric population, and rise in cases of chronic diseases such as diabetes, cancer, heart obesity, and respiratory disorders are the major factors that are anticipated to drive the growth of the market.

Asia-Pacific has the highest growth rate in the market which is growing due to increase in incidences of hospital-acquired infections in emerging economies, rise in adoption of sterilization equipment, development of the R&D sector, rise in healthcare reforms, and technological advancements in medical device manufacturing.

Sterilization services are also recognized as the way of eliminating or destructing any unwanted micro-organisms & microbes present in a certain environment

Sterilization services are used for removal of all kind of micro-organisms such as bacteria, viruses, prions, and others, which are present in the environment or on the surface.

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Sterilization Services Market

Global Opportunity Analysis and Industry Forecast, 2021-2030