Sterilization Services Market: Worth USD 17.55 Bn Opportunity by 2029

Sterilization Services Market size was valued at USD 9.34 Bn. in 2021 and the total Sterilization Services revenue is expected to grow at a CAGR of 8.2% from 2022 to 2029, reaching nearly USD 17.55 Bn.

Sterilization Services Market Overview:

Sterilization is a technique that uses physical or chemical ways to remove or destroy all kinds of microbial life in healthcare facilities. Sterilization services are critical for preventing infectious germs from being transmitted to patients via medical and surgical devices. Sterilization was a critical tool that may be used to halt the transmission of COVID-19 and directly battle SARS-CoV-2. According to the article titled "The role of disinfectants and sanitizers during the COVID-19 pandemic: advantages and deleterious effects on humans and the environment" published in Nature Public Health Emergency Collection in May 2021, it was critical to implement efficient disinfection procedures after the lockdown was lifted and on-site activity resumed to avoid the future spread of the virus and to give people protection against exposure to it. Sterilization services were therefore usually applied by hospitals, factories, and pharmaceutical businesses to decrease the risk of infection. Additionally, higher hospital-acquired infections, technical improvements in the usage of sterilizing chemicals and equipment in industrial facilities, and increasing cleanliness awareness across all institutions are all actively driving the market's growth. Healthcare-associated infections (HAIs), many of which are fully preventable, impact hundreds of millions of people globally each year, according to the World Health Organization March 2022 Member States Information Session on Infection Prevention and Control. Even the most modern or sophisticated nation or healthcare system cannot ensure the absence of HAIs. As a result, the increase in hospital-acquired infections is expected to raise the demand for sterilizing services. The increased usage of sterilizing services by all industries as a result of COVID-19 infection increased market growth. For example, STERIS plc reported in April 2020 that the US Food and Drug Administration (FDA) had given an Emergency Use Authorization (EUA) for respirator decontamination. The EUA enabled healthcare practitioners to cleanse N95 Respirators on-site by deploying specialized STERIS V-PRO Low-Temperature Sterilization Systems. These steps are expected to increase the demand for sterilizing services. However, the hazardous effects of some chemical agents, as well as the absence of adequate guides for performing sterilizing operations, are expected to constrain market growth. Sterilization Services MarketTo know about the Research Methodology :- Request Free Sample Report

Sterilization Services Market Dynamics:

Growing prevalence of hospital-acquired infections (HAIs) Hospital-acquired infections (HAIs) are nosocomial infections that emerge during a patient's stay in a hospital or associated facility and are not detected during admission. They have been a major source of disease and mortality globally throughout the decades. C. difficile, MRSA, Klebsiella, E. coli, Enterococcus, and Pseudomonas species are the most prevalent bacteria linked with HAls. A primary source of HAls is the use of contaminated medical equipment during diagnostic and treatment operations. According to the Centers for Disease Control and Prevention (CDC), up to 1.7 million hospitalized patients in the United States each year contract healthcare-associated infections (HCAls) while being treated for other health issues, and more than 98,000 of these patients (one in 17) die as a result of these infections. Additionally, urinary tract infections account for 32% of all HAls in the country, surgical-site infections account for 22%, lung (pneumonia) infections account for 15%, and bloodstream infections account for 14%. The number of people aged 65 and more was expected to be 52.3 million in 2019 and is expected to rise to 83.7 million by 2050. The growing elderly population and the rising frequency of chronic illnesses would raise hospitalization rates, increasing the prevalence of HAls. Instrument and medical equipment sterilization and decontamination are essential in the prevention of HAIs. Indeed, improper sterilization of surgical tools and disinfection of reusable objects such as endoscopic equipment, respiratory care devices, and reusable hemodialysis devices continue to occur in many settings, resulting in HAIs. Additionally, in many low-resource settings, incorrect reuse of disposable medical equipment is prevalent, and protocols for cleaning and decontaminating these devices are insufficient and non-standardized. This is expected to increase demand for medical instruments and other device sterilization services. Rising concerns about reused equipment’s quality To save money and avoid waste, healthcare practitioners reprocess used medical devices. Surgical forceps, endoscopes, and stethoscopes are examples of reusable medical devices. Concerns have been raised concerning the safety and performance of recycled devices. Inadequate instrument cleaning and sterilization can lead to the retention of blood, tissue, and other biological waste in reusable devices, raising the risk of surgical-site infections (SSIS) in patients. The debris may let microorganisms survive the subsequent disinfection or sterilization treatment, perhaps leading to Hals. Inadequate reprocessing can also harm patient outcomes, such as tissue irritation from remaining reprocessing materials such as chemical disinfectants. These concerns are restricting hospital administrators' and physicians' adoption of reuse. Emergence of E-beam sterilization E-beam irradiation, often known as beta irradiation, is a technology used to sterilize medicinal packaging materials and medical devices. It works by channeling a continuous flow of electrons through the sterilized items. It is commonly used for low-to-medium-density items, although it is not suitable for highly dense materials. This sterilization method offers quick-turn terminal sterilization with easy, clean, on/off technology. There is no requirement for a carcinogenic gas or radioactive source, and there are no residuals, thus the product may be distributed immediately. The market for E-beam sterilization is expected to grow significantly during the forecast period because of the rising applications of E-beam and its increasing penetration across various end-user sectors. E-beam sterilization has various benefits over conventional sterilizing procedures. Currently, E-beam can sterilize 95% of all medical devices considered appropriate for radiation sterilization. Noncompliance regarding the use of sterilizing procedures Proper sterilization of medical devices, surgical instruments, supplies, and equipment often used in patient care and surgical operations is an important part of healthcare that has a direct impact on patient safety. Knowledge of sterilization concepts and procedures, as well as constant monitoring, aid in guaranteeing successful sterilization, patient safety, and cost-effectiveness. Noncompliance with sterilization processes is a key barrier to the growth of the sterilization service business. In 2019, the Joint Commission (US) observed a reduction in end-user compliance with sterilizing recommendations. In the United States, the Joint Commission developed the Infection Prevention and Control Standard IC.02.02.01 EP 2 to address the requirement to reduce the risk of infection transmission through medical equipment, devices, and supplies.

Sterilization Services Market Segment Analysis:

By Method, the ETO Sterilization segment dominated the Sterilization Services market with the highest revenue share in 2021 and is expected to grow at a CAGR of 8.0% during the forecast period. ETO is currently expected to be the most extensively & regularly used sterilization technique, attributed to its compatible nature and low cost. However, there are specialized health kits that include gadgets and pharmaceuticals that are incompatible with radiation and other sterilizing methods. As a result of the increased development of health kits, as well as the compatibility of ETO with the majority of goods, the use of ETO is expected to increase, driving segment growth throughout the forecast period. Sterilization procedures for medical equipment include moist heat (steam), dry heat, radiation, ethylene oxide gas, evaporated hydrogen peroxide, and other approaches (for example, chlorine dioxide gas, vaporized peracetic acid, and nitrogen dioxide). Ethylene oxide sterilization is a common sterilization process used by manufacturers to keep medical devices safe. Learn more about sterilization procedures in the Submission and Review of Sterility Information in Premarket Notification (510(k)) Submissions for Sterile Guidance Devices. For certain medical equipment, sterilization with ethylene oxide may be the sole approach that properly sterilizes while causing minimal harm to the device. Medical equipment composed of certain polymers (plastic or resin), metals, or glass, as well as those with numerous layers of packaging or in difficult-to-reach regions (for example, catheters), are likely to be sterilized using ethylene oxide. Sterilization Services MarketBy End-user, the Hospitals and Clinics segment held the largest market share in 2021 and is expected to grow at a CAGR of 7.9% during the forecast period and dominate the market at the end of the forecast period. In hospitals and clinics, sterilization is essential because patients and employees might become infected if cleanliness is not maintained properly. The need for sterilizing facilities is driven by society's desire for a healthy lifestyle and increased awareness. Additionally, due to the rising number of surgical procedures, the usage of sterilization has grown at a rapid pace. As a result, hospitals and clinics are expected to have a significant portion of the end-user market throughout the forecast period. According to a December 2021 research article titled "Trends in US Surgical Procedures and Health Care System Response to Policies Curtailing Elective Surgical Operations during the COVID-19 Pandemic," a total of 13,108,567 surgical procedures were performed from January 2019 to January 2021, including 6,651,921 procedures in 2019 and 5,973,573 procedures in 2020. The sterilization of surgical tools, hospital rooms, and the environment is related to surgical operations; hence, an increase in surgical procedures is expected to drive market growth. Sterilization Services MarketThe need for sterilization is expected to increase as the number of super specialty clinics and hospitals in various nations increases. According to the Organization for Economic Cooperation and Development 2021 report, hospitals in Mexico were 4,909 in 2020 and 4,995 in 2021, whereas hospitals in the United Kingdom were 1,921 in 2020 and 10,635 in 2019. The significant usage of sterilization in hospitals throughout the world is expected to increase the segment's growth during the forecast period. Rising product introductions and technological improvements in hospital and clinic sterilization services are expected to drive the segment's growth during the forecast period. Getinge, for example, would release the Solsus 66, an intuitive and simple-to-use steam sterilizer, in October 2020. In the Central Sterile Supply Department, hospitals seeking a balance between capacity and cost-efficiency are expected to discover an ecologically friendly and energy-efficient sterilizer to fulfill their demands. Such launches are expected to help the category thrive. As a result, the hospitals and clinics segment of the market is increasing rapidly.

Sterilization Services Market Regional Insights:

North American regional market is expected to grow at a CAGR of 7.7% during the forecast period and is expected to dominate the market at the end of the forecast period owing to factors such as rising hospital-acquired infections, high patient registration rates, technological developments in healthcare centers, strong presence of industry players in the region, rising government funding, public awareness of available technologies, and a high concentration of market players in the United States. According to the Centers for Disease Control and Prevention (CDC) 2021 report, one in every 31 hospital patients in the United States has at least one healthcare-associated disease on any given day. To prevent the transmission of healthcare-associated illnesses, there is a growing need for sterilization services in the United States, which is expected to drive market expansion. Sterilization Services MarketIn addition, the increase in chronic disorders, such as cardiovascular diseases, and diabetes, require an extended hospital stay. As a result, the number of instances of hospital-acquired infection in the country is increasing. According to American Health Association statistics for 2020, there were around 36.2 million hospital admissions in 2019. According to the Centers for Disease Control and Prevention, between 2019 and 2020, there is a 24% increase in central line bloodstream infection (CLABSI) and a 35% increase in ventilator-associated events (VAE) in 2021. As a result, the rising frequency of hospital-acquired infections in the United States drives the regional market growth. Additionally, stringent regulatory regulations aimed at providing safe and high-quality healthcare services are expected to drive market growth throughout the forecast period. The Patient Protection and Affordable Care Act, for example, requires the use of terminal sterilization methods at healthcare institutions in this region. Additionally, the growing number of procedures and the growing number of healthcare employees may increase demand for such services. As a result, these factors are expected to drive the growth of the sterilization services market throughout the forecast period. The Asia Pacific market is expected to grow significantly during the forecast period due to the existence of a significant population base and growing medical tourism from several emerging economies. Likewise, the increased need for reusable medical equipment is expected to drive the growth of the sterilization services market. Additionally, leading market companies are attempting to reach untapped regions such as India, China, and Korea, hence increasing the industry's scope. Besides that, the rising number of operations and the increasing incidence of chronic illnesses are among the reasons driving up the number of hospital admissions, driving the need for ultimate sterilization of medical devices, equipment, and other items. According to the Australian Medical Association report 2019, around 8,017,492 persons were admitted to public hospital emergency departments in Australia in 2017-2018. Similarly, from 2013-2014 to 2017-2018, the number of emergency admissions climbed by 2.7% every year on average, according to the same source. As a result of the increased number of hospitalizations, the incidence rate of HAIs is expected to rise, driving market growth throughout the forecast period.

Sterilization Services Market Scope: Inquire before buying

Sterilization Services Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2029
Historical Data: 2017 to 2021 Market Size in 2021: US $ 9.34 Bn.
Forecast Period 2022 to 2029 CAGR: 8.2% Market Size in 2029: US $ 17.55 Bn.
Segments Covered: by Method • ETO Sterilization • Gamma Sterilization • E-Beam Sterilization • Steam Sterilization • X-ray Irradiation • Other Methods
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 • Pharmaceutical & Biotechnology Companies • Other End Users

Sterilization Services Market, by Region

• North America • Europe • Asia Pacific • Middle East and Africa • South America

Sterilization Services Market Key Players

• STERIS plc. • Sotera Health Company • Stryker Corporation • Advanced Sterilization Products • E-BEAM Services, Inc. • MMM Group • Belimed AG • BGS Beta-Gamma-Service GmbH & Co. KG • Medistri SA • Noxilizer, Inc. • H.W.Andersen Products Ltd. • Cosmed Group • Cretex Companies, Inc. • Life Science Outsourcing, Inc. • MICROTROL Sterilisation Services Pvt. Ltd. • Medline Industries, Inc. • Avantti Medi Clear • Steripure SAS • Europlaz Technologies Limited • Centerpiece • Midwest Sterilization Corporation • Blue Line Sterilization Services LLC • SteriPack Group • Steri-Tek • Sterilization Services FAQs: 1. What is the major driver for the Sterilization Services market growth? Ans. The growing prevalence of hospital-acquired infections (HAIs) is expected to be a major driver for the sterilization services market growth. 2. What are the restraints in the Sterilization Services market? Ans. Rising concerns about reused equipment’s quality, and hazardous effects of some chemical agents, as well as the absence of adequate guides for performing sterilizing operations, are some of the restraining factors for market growth. 3. Which region is expected to lead the global Sterilization Services market during the forecast period? Ans. The North American market is expected to lead the global Sterilization Services market during the forecast period due to the rising hospital-acquired infections, high patient registration rates, technological developments in healthcare centers, strong presence of industry players in the region, rising government funding, public awareness of available technologies, and a high concentration of market players in the United States. 4. What is the projected market size & growth rate of the Sterilization Services Market? Ans. Sterilization Services Market size was valued at USD 9.34 Bn. in 2021 and the total Sterilization Services revenue is expected to grow at a CAGR of 8.2% from 2022 to 2029, reaching nearly USD 17.55 Bn. 5. What segments are covered in the Sterilization Services Market report? Ans. The segments covered are Method, Type, Mode of Delivery, End User, and Region.
1. Global Sterilization Services Market: Research Methodology 2. Global Sterilization Services Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Sterilization Services Market 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Sterilization Services Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • South America 3.12 COVID-19 Impact 4. Global Sterilization Services Market Segmentation 4.1 Global Sterilization Services Market, by Method (2021-2029) • ETO Sterilization • Gamma Sterilization • E-Beam Sterilization • Steam Sterilization • X-ray Irradiation • Other Methods 4.2 Global Sterilization Services Market, by Type (2021-2029) • Contract Sterilization Services • Sterilization Validation Services 4.3 Global Sterilization Services Market, by Mode of Delivery (2021-2029) • Off-Site Sterilization Services • On-Site Sterilization Services 4.4 Global Sterilization Services Market, by End-user (2021-2029) • Hospitals & Clinics • Medical Device Companies • Pharmaceutical & Biotechnology Companies • Other End Users 5. North America Sterilization Services Market(2021-2029) 5.1 North America Sterilization Services Market, by Method (2021-2029) • ETO Sterilization • Gamma Sterilization • E-Beam Sterilization • Steam Sterilization • X-ray Irradiation • Other Methods 5.2 North America Sterilization Services Market, by Type (2021-2029) • Contract Sterilization Services • Sterilization Validation Services 5.3 North America Sterilization Services Market, by Mode of Delivery (2021-2029) • Off-Site Sterilization Services • On-Site Sterilization Services 5.4 North America Sterilization Services Market, by End-user (2021-2029) • Hospitals & Clinics • Medical Device Companies • Pharmaceutical & Biotechnology Companies • Other End Users 5.5 North America Sterilization Services Market, by Country (2021-2029) • United States • Canada • Mexico 6. Europe Sterilization Services Market (2021-2029) 6.1. European Sterilization Services Market, by Method (2021-2029) 6.2. European Sterilization Services Market, by Type (2021-2029) 6.3. European Sterilization Services Market, by Mode of Delivery (2021-2029) 6.4. European Sterilization Services Market, by End-user (2021-2029) 6.5. European Sterilization Services Market, by Country (2021-2029) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Sterilization Services Market (2021-2029) 7.1. Asia Pacific Sterilization Services Market, by Method (2021-2029) 7.2. Asia Pacific Sterilization Services Market, by Type (2021-2029) 7.3. Asia Pacific Sterilization Services Market, by Mode of Delivery (2021-2029) 7.4. Asia Pacific Sterilization Services Market, by End-user (2021-2029) 7.5. Asia Pacific Sterilization Services Market, by Country (2021-2029) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. Middle East and Africa Sterilization Services Market (2021-2029) 8.1 Middle East and Africa Sterilization Services Market, by Method (2021-2029) 8.2. Middle East and Africa Sterilization Services Market, by Type (2021-2029) 8.3. Middle East and Africa Sterilization Services Market, by Mode of Delivery (2021-2029) 8.4. Middle East and Africa Sterilization Services Market, by End-user (2021-2029) 8.5. Middle East and Africa Sterilization Services Market, by Country (2021-2029) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. South America Sterilization Services Market (2021-2029) 9.1. South America Sterilization Services Market, by Method (2021-2029) 9.2. South America Sterilization Services Market, by Type (2021-2029) 9.3. South America Sterilization Services Market, by Mode of Delivery (2021-2029) 9.4. South America Sterilization Services Market, by End-user (2021-2029) 9.5. South America Sterilization Services Market, by Country (2021-2029) • Brazil • Argentina • Rest Of South America 10. Company Profile: Key players 10.1 STERIS plc. 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2 Sotera Health Company 10.3 Stryker Corporation 10.4 Advanced Sterilization Products 10.5 E-BEAM Services, Inc. 10.6 MMM Group 10.7 Belimed AG 10.8 BGS Beta-Gamma-Service GmbH & Co. KG 10.9 Medistri SA 10.10 Noxilizer, Inc. 10.11 H.W.Andersen Products Ltd. 10.12 Cosmed Group 10.13 Cretex Companies, Inc. 10.14 Life Science Outsourcing, Inc. 10.15 MICROTROL Sterilisation Services Pvt. Ltd. 10.16 Medline Industries, Inc. 10.17 Avantti Medi Clear 10.18 Steripure SAS 10.19 Europlaz Technologies Limited 10.20 Centerpiece 10.21 Midwest Sterilization Corporation 10.22 Blue Line Sterilization Services LLC 10.23 SteriPack Group 10.24 Steri-Tek 10.25 Sterilization Services

About This Report

Report ID 163286
Category Healthcare
Published Date Oct 2022
Updated Date
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