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Dublin, Aug. 31, 2022 (GLOBE NEWSWIRE) -- The "Sterilization Equipment Market Size, Share & Trends Analysis Report by Product (Heat Sterilizers, Low-temperature Sterilizers, Sterile Membrane Filters, and Radiation Sterilization Devices), by Region, and Segment Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
The global sterilization equipment market is expected to reach USD 15.6 billion by 2030, registering a CAGR of 10.5%. 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.
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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.
Sterilization Equipment Market Report Highlights
- In terms of revenue, low-temperature sterilizers segment held the largest share in 2021It is a widely accepted technique in healthcare facilities for equipment and devices that can tolerate both heat and moisture.
- 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.
- Prominent players present in the sterilization equipment market are Steris PLC, Sterigenics U.S., LLC, Cantel Medical, E-BEAM Services, Inc., and Fortive.
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Key Topics Covered:
Chapter 1 Report Scope
Chapter 2 Research Methodology
Chapter 3 Objectives
Chapter 4 Executive Summary
Chapter 5 Industry Outlook
5.1 Penetration & Growth Prospect Mapping
5.2 Regulatory Framework
5.3 Market Dynamics
5.3.1 Market driver analysis
5.3.1.1 Increasing prevalence of Hospital Acquired Infections (HAIs)
5.3.1.2 Increase in the prevalence of chronic diseases
5.3.2 Market restraint analysis
5.3.2.1 Shift from reusable medical devices to disposable medical devices
5.3.3 Market restraint analysis
5.3.3.1 Safety concerns related to ethylene oxide sterilization
5.4 Sterilization Equipment Market Analysis Tools
5.4.1 SWOT Analysis, by PEST
5.4.2 Porter's Five Forces Analysis
Chapter 6 Sterilization Equipment Market: Segment Analysis, by Product, 2018-2030 (USD Million)
6.1 Definitions & Scope
6.2 Product Market Share Analysis, 2021 & 2030
6.3 Sterilization Equipment Market, by Product, 2018 to 2030
6.4 Market Size Forecasts and Trend Analysis
6.4.1 Heat sterilizers
6.4.1.1 Heat sterilizers market, 2018-2030 (USD Million)
6.4.1.2 Depyrogenation oven
6.4.1.2.1 Depyrogenation oven market, 2018-2030 (USD Million)
6.4.1.3 Steam autoclaves
6.4.1.3.1 Steam autoclaves market, 2018-2030 (USD Million)
6.4.2 Low-temperature sterilizers
6.4.2.1 Low-temperature sterilizers market, 2018-2030 (USD Million)
6.4.2.2 Ethylene oxide sterilizers
6.4.2.2.1 Ethylene oxide sterilizers market, 2018-2030 (USD Million)
6.4.2.3 Hydrogen peroxide sterilizers
6.4.2.3.1 Hydrogen peroxide sterilizers market, 2018-2030 (USD Million)
6.4.2.4 Other low temperature sterilizers
6.4.2.4.1 Other low temperature sterilizers market, 2018-2030 (USD Million)
6.4.3 Sterile membrane filters
6.4.3.1 Sterile membrane filters market, 2018-2030 (USD Million)
6.4.4 Radiation sterilization devices
6.4.4.1 Radiation sterilization devices market, 2018-2030 (USD Million)
6.4.4.2 Electron beams (e-beams)
6.4.4.2.1 Electron beams (e-beams) market, 2018-2030 (USD Million)
6.4.4.3 Gamma rays
6.4.4.3.1 Gamma rays market, 2018-2030 (USD Million)
6.4.4.4 Other radiation sterilization devices
6.4.4.4.1 Other radiation sterilization devices market, 2018-2030 (USD Million)
Chapter 7 Sterilization Equipment Market: Regional Market Analysis, by Product, 2018-2030 (USD Million)
Chapter 8 Sterilization Equipment Market: Competitive Analysis
8.1 Company Profiles
8.1.1 STERIS plc
8.1.1.1 Company overview
8.1.1.2 Financial performance
8.1.1.3 Product benchmarking
8.1.1.4 Strategic initiatives
8.1.2 Sterigenics U.S., LLC (A Sotera Health Company)
8.1.2.1 Company overview
8.1.2.2 Product benchmarking
8.1.2.3 Strategic initiatives
8.1.3 Cantel Medical
8.1.3.1 Company overview
8.1.3.2 Financial performance
8.1.3.3 Product benchmarking
8.1.4 E-BEAM Services, Inc.
8.1.4.1 Company overview
8.1.4.2 Product benchmarking
8.1.5 Fortive
8.1.5.1 Company overview
8.1.5.1 Financial performance
8.1.5.2 product benchmarking
8.1.5.3 Strategic initiatives
For more information about this report visit https://www.researchandmarkets.com/r/9k8yn5
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Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.