According to Stratistics MRC, the Global Sterilization Equipment Market is accounted for $12.10 billion in 2020 and is expected to reach $17.21 billion by 2028 growing at a CAGR of 4.5% during the forecast period. Factors such as increasing incidence of hospital-acquired infections, growing pharmaceutical and biotechnology industries, and rising geriatric population are driving the growth of the market. However, high cost associated with sterilization equipment across the globe is hampering the growth of the market.
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Based on the end user, the hospitals & clinics segment is anticipated to expand at a rapid pace during the forecast period owing to the growing number of hospitals in and the increasing number of surgical procedures. By geography, North America is going to have high growth during the forecast period which can be attributed to the growing geriatric population and the consequent rise in demand for healthcare services.
Some of the key players profiled in the Sterilization Equipment Market include 3M Group, Merck Kgaa, Continental Equipment Company, Andersen Products, Inc, De Lama Spa, C.B.M. S.R.L. Medical Equipement, MMM Group, Advanced Sterilization Products, Getinge Group, Cardinal Health, Belimed AG (A Metall Zug Group Company), Life Science Outsourcing, Inc, E-Beam Services, Inc, Cantel Medical, Cosmed Group, Inc, BGS Beta-Gamma-Service GmbH & Co. Kg, and Matachana Group.
Products Covered:
• Sterilization Instruments
• Sterilization Consumables & Accessories
Services Covered:
• Pre-Clinical Services
• Sterilization Services
Technologies Covered:
• Pre-Vacuum
• Vacuum
• Forced Convention
• Natural Convention
• Steam-Flush Pressure Pulse
• Gravity Displacement
End Users Covered:
• Hospitals & Clinics
• Food & Beverages Industry
• Diagnostic Labs
• Medical Device Companies
• Ambulatory Surgical Centers
• Education and Research Institutes
• Pharmaceutical & Biotechnological Companies
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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