The global sterilization equipment market size is expected to reach USD 15.6 billion by 2030, registering a CAGR of 10.6%, 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. 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.
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In terms of revenue, low-temperature sterilizers segment held the largest share in 2022. It is a widely accepted technique in healthcare facilities for equipment and devices that can tolerate both heat and moisture
Increasing concerns about the possible mutagenic effect of ethylene oxide and its impact on the environment, companies and academies are exploring the potential application of the supercritical carbon dioxide.
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
Grand View Research has segmented the global sterilization equipment market report on the basis of product, and region:
Sterilization Equipment 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 Regional Outlook (Revenue, USD Million, 2018 - 2030)
North America
U.S.
Canada
Europe
U.K.
Germany
France
Italy
Spain
Denmark
Sweden
Norway
Asia Pacific
Japan
China
India
South Korea
Australia
Thailand
Latin America
Brazil
Mexico
Argentina
Middle East & Africa
South Africa
Saudi Arabia
UAE
Kuwait
List of Key Players in Sterilization Equipment Market
STERIS PLC.
Sterigenics U.S., LLC
Cantel Medical
E-BEAM Services, Inc.
Fortive
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