Dublin, Nov. 30, 2023 (GLOBE NEWSWIRE) -- The "Sterilization Equipment Market Size, Share & Trends Analysis Report By Product (Heat Sterilizers, Low-temperature Sterilizers, Sterile Membrane Filters, Radiation Sterilization Devices), By Region, And Segment Forecasts, 2023-2030" report has been added to ResearchAndMarkets.com's offering.
The global sterilization equipment market size is expected to reach USD 15.6 billion by 2030, registering a CAGR of 10.6%, according to this report. 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.
Sterilization Equipment Market Report Highlights
- 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
Market Dynamics
Market driver analysis
- Increasing prevalence of Hospital Acquired Infections (HAIs)
- Increase in the prevalence of chronic diseases
Market restraint analysis
- Shift from reusable medical devices to disposable medical devices
Market restraint analysis
- Safety concerns related to ethylene oxide sterilization
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 120 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $7 Billion |
| Forecasted Market Value (USD) by 2030 | $15.6 Billion |
| Compound Annual Growth Rate | 10.6% |
| Regions Covered | Global |
Key Topics Covered:
Chapter 1 Report Scope
Chapter 2 Research Methodology
Chapter 3 Objectives
Chapter 4 Executive Summary
4.1 Market Outlook
4.2 Segment Outlook
4.3 Competitive Insights
4.4 Market Snapshot
Chapter 5 Industry Outlook
5.1 Market Lineage Analysis
5.1.1 Parent Market analysis
5.1.2 Ancillary Market analysis
5.2 Regulatory Framework
5.3 Market Dynamics
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, 2022 & 2030
6.3 Sterilization Equipment Market, by Product, 2018 to 2030
6.4 Market Size Forecasts and Trend Analysis
6.4.1 Heat sterilizers
6.4.1.2 Depyrogenation oven
6.4.1.3 Steam autoclaves
6.4.2 Low-temperature sterilizers
6.4.2.2 Ethylene oxide sterilizers
6.4.2.3 Hydrogen peroxide sterilizers
6.4.2.4 Other low temperature sterilizers
6.4.3 Sterile membrane filters
6.4.4 Radiation sterilization devices
6.4.4.2 Electron beams (e-beams)
6.4.4.3 Gamma rays
6.4.4.4 Other radiation sterilization devices
Chapter 7 Sterilization Equipment Market: Regional Market Analysis, By Product, 2018 - 2030 (USD Million)
Chapter 8 Sterilization Equipment Market: Competitive Analysis
- STERIS
- Sterigenics
- Cantel Medical
- E-BEAM Services
- Fortive
For more information about this report visit https://www.researchandmarkets.com/r/k7vhhe
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