U.S. Sterilization Services Market Report

U.S. Sterilization Services Market Analysis Report By Technique (Steam, E-beam & Gamma Radiation, EtO), By Type, By Delivery Mode (Onsite, Offsite), By End Use, And Segment Forecasts 2018 - 2025

  • Published Date: Sep, 2018
  • Base Year for Estimate: 2016
  • Report ID: GVR-2-68038-560-1
  • Format: Electronic (PDF)
  • Historical Data: 2012 - 2015
  • Number of Pages: 65

Industry Insights

The U.S. sterilization services market size was valued at USD 1.83 billion in 2017. Rise in prevalence of chronic diseases and various initiatives taken by the government to ensure adoption of essential sterilization standards in hospitals and research centers is expected to drive the market over the forecast period. Currently, stringent medical safety and infection control norms are increasing public awareness, resulting in shorter hospital stays and reduced healthcare costs.

With increasing demandfor food supply and introduction of exotic fruits and vegetables, stricter norms have been introduced to ensure safety and quality of such products. Techniques such as low-temperature and gamma irradiation are used for sterilization processes in the food industry, which is slated to spur market growth.

The U.S. government has been focusing on reducing healthcare costs and this is expected to encourage the FDA to make approval procedures of generic pharmaceuticals speedier and easier. Faster approvals means greater need for new sterility testing methods, compelling innovative market players to spend more on similar solutions, thereby driving the market. With growing demand for drugs, companies are launching newer drugs with better efficacy and different routes of administration, dosage, or for a new indication. These launches require thorough sterility testing and this is anticipated to boost the market.

U.S. sterilization services market

Regional and service portfolio expansions and merger and acquisitions are key strategic undertakings adopted by key players in the industry. In November 2015, Steris acquired Synergy Health, marking a significant milestone in its business activities. The expansion was intended to achieve enhanced customer satisfaction and expand its customer base. In April 2014, Steris announced its intent to acquire Integrated Medical Systems for USD 165 million. It was to pay an additional USD 10 million for real estate. The acquisition was expected to confer tax benefits to the company.

Type Insights

Based on type, the market is segmented into contract and validation services. The contract segment captured the largest market share in 2017 and is expected to continue its dominance through the forecast period.Contract services include in-house and off-site sterilization of medical devices, pharmaceuticals, and packaged units. Most of the in-house sterilization in hospitals is executed in the sterile processing department. Contract services are preferred by hospitals and manufacturers as they significant reduce cost and resource burden and allow them to focus on their core activities.

Validation services require significant investments in terms of consumables. Presence of a large number of market players is expected to have a negative impact on the prices of these services as it reduces profit margins. However, validation of sterilization is a mandatory step in every healthcare center, which is expected to offset the adverse impact of the restraint.

Technique Insights

Increasing number of surgical procedures and rising geriatric population have driven the adoption of a variety of sterilization services. Market players have been making significant investments in research and development of novel techniques.Heat sterilization is the most widely used and reliable method of sterilization. It works best when used in a hydrated form rather than dry state. Low temperature sterilization technique is compatible with most delicate medical equipment and is extremely easy to control and monitor.

Delivery Mode Insights

Based on delivery mode, the market is segmented into off-site and on-site. The off-site segment is expected to witness the fastest growth rate during the forecast period. Increasing number of service providers and rising trend of outsourcing sterilization services are factors anticipated to fuel segment growth.

On-site sterilization services require significant space, equipment, and manpower and so these departments are best for manufacturers with high output. Currently, heat and EtO are widely-used techniques in on-site settings. However, most novel materials used in medical devices are prone to deterioration by heat, limiting the use of such techniques in these settings.

End-use Insights

By end use, the market is segmented into hospitals, pharmaceuticals, medical device companies, clinical laboratories/research centers, and others, which includes food and beverage companies. The hospitals segment dominated the U.S. sterilization services market in 2016 and is expected to retain its position throughout the forecast period.

U.S. sterilization services market share

Increasing prevalence of hospital-acquired infections, surge in number of surgical procedures performed, and constantly expanding patient pool are prime factors driving this segment.

U.S. Sterilization Services Market Share Insights

Currently, the global industry is consolidated in nature with only a few top companies capturing the major share. Some of the leading players are STERIS Corporation; Getinge Group; and Advanced Sterilization Products Services, Inc. Other prominent companies include 3M, Belimed, Cantel Medical, MATACHANA GROUP, Sterigenics International LLC, and TSO3.

Report Scope

Attribute

Details

Base year for estimation

2016

Actual estimates/Historical data

2012 - 2015

Forecast period

2017 - 2025

Market representation

Revenue in USD Million & CAGR from 2017 to 2025

Regional scope

U.S.

Report coverage         

Revenue forecast, company share, competitive landscape, growth factors and trends

Country Scope

U.S.

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Segments Covered in the Report

This report forecasts revenue growth at country level and provides an analysis of latest industry trends in each of the sub-segments from 2012 to 2025. For the purpose of this study, Grand View Research has segmented the U.S. sterilization services market report on the basis of type, technique, delivery mode, and end use:

  • Technique Outlook (Revenue, USD Million, 2012 - 2025)

    • Steam

    • EtO

    • E-beam radiation

    • Gamma radiation

    • Others

  • Type Outlook (Revenue, USD Million, 2012 - 2025)

    • Contract services

    • Validation services

  • Delivery Mode Outlook (Revenue, USD Million, 2012 - 2025)

    • Onsite

    • Offsite

  • End-use Outlook (Revenue, USD Million, 2012 - 2025)

    • Hospitals

    • Pharmaceutical companies

    • Medical device companies

    • Clinical laboratories

    • Others

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