According to Stratistics MRC, the Global Sterilization Technologies market is expected to grow from $4.69 billion in 2015 to reach $7.8 billion by 2022 with a CAGR of 9.6%. Growth in demand for sterilization equipment and techniques is likely to be driven by superior prominence on reprocessing of medical devices as a means of shortening expenses. An additional factor reinforcing demand is the technological advancements made in medical instruments such as endoscopes and analyzers, which have, in turn, contributed to an increasing necessity for sophisticated sterilizers and techniques that are compatible with these instruments. Whereas rigorous regulations in several developed nations are restraining the market growth.
Filtration Sterilization segment will command the market throughout the forecast period due to the huge pool of patients, rising consciousness about diseases, increasing pervasiveness of communicable diseases, improving healthcare infrastructure, and growing number of surgeries. Asia Pacific is expected to witness high growth rate due to rise in number of surgeries, increasing aging population and growth in per capita income. China and India are projected to be the fastest growing markets in this region.
Some of the key players in global Sterilization Technologies market include 3M Company, Advanced Sterilization, Products and Services (J&J), Andersen Products, Inc., Belimed Ag (A Metall Zug Group Company), Cantel Medical Corporation, Getinge Group, Matachana Group, Medline Industries, Inc, MMM Group, Sterigenics International, Inc., Sterile Technologies, Inc., Steris Corporation, Synergy Health Plc, TSO3 Inc., and Tuttnauer USA Co Ltd.
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Liquid Chemical Sterilization
Gaseous Chemical Sterilization
Non-Ionizing Radiation Sterilization
Ionizing Radiation Sterilization
Thermal or Heat Sterilization
Dry Heat Sterilization
Moist Heat Sterilization
Moist Heat Sterilization
Ethylene Oxide Sterilization
Low-Level Disinfection (LLD)
High-Level Disinfection (HLD)
End Users Covered:
Food & Beverage
Other End Users
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Rest of Europe
Rest of Asia Pacific
Rest of the World
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