Sterilization Services Market is expected to reach US$ 4,400.18 Mn in 2027

Published Date: 18 Feb 2020

Report : Sterilization Services Market to 2027 - Global Analysis and Forecasts By Method (Ethylene Oxide (ETO) Sterilization, Gamma Sterilization, Electron Beam Radiation Sterilization, Steam Sterilization, and Other Sterilization Methods), Service Type (Contract Sterilization Services and Sterilization Validation Services), Mode of Delivery (Offsite Sterilization Services and Onsite Sterilization Services), End User (Medical Device Companies, Pharmaceutical & Biotechnology Companies, Hospitals & Clinics, Food and Beverages, and Other End Users), and Geography

Contract sterilization services segment by service type is expected to grow at a fast pace over the forecast period

 

According to The Insight Partners market research study of ‘Sterilization Services Market to 2027 - Global Analysis and Forecasts by Method, Service Type, Mode of Delivery and End-User’. The global Sterilization Services market is anticipated to reach US$ 4,400.18 Mn in 2027 from US$ 2,712.32 Mn in 2019. The market is anticipated to grow with a CAGR of 6.3% from 2020-2027. The report provides trends prevailing in the global sterilization services market and the factors driving market along with those that act as hindrances.

 

The global sterilization services market, based on the service type, is segmented into contract sterilization services and sterilization validation services. The contract segment is expected to continue its dominance during the forecast period. Contract services include in-house and off-site sterilization of medical devices, pharmaceuticals, and packaged units. Contract services are preferred by hospitals and manufacturers as they significantly reduce cost and resource burden, allowing them to focus on core activities. The market for sterilization services is expected to grow, owing to factors such as growing number of surgical procedures across the globe and rising incidences of healthcare associated infections. Moreover, increasing number of opportunities in developing countries are likely to have a positive impact on the growth of the market during the forecast period.

 

Leading companies operating in the sterilization services market are BGS Beta-Gamma-Service GmbH & Co. KG.,Cosmed Group,E-BEAM Services Inc ,Life Science Outsourcing Inc.,MEDISTRI SA Midwest Sterilization Corporation ,Sterigenics U.S. LLC, Microtrol Sterilisation Services Pvt Ltd., Cantel Medical., STERIS plc., Inc. among Others.

 

Global Sterilization Services  Market, By Regions, 2019 (%)


 

The report segments Global Sterilization Services Market as follows:

Global Sterilization Services Market - By Method

  • Ethylene Oxide (ETO) Sterilization
  • Gamma Sterilization
  • Electron Beam Radiation Sterilization
  • Steam Sterilization
  • Other Sterilization Methods

Global Sterilization Services Market - By Service Type

  • Contract Sterilization Services
  • Sterilization Validation Services

Global Sterilization Services Market -Mode of Delivery

  • Offsite Sterilization Services
  • Onsite Sterilization Services

Global Sterilization Services Market - By End-User

  • Medical Device Companies
  • Hospitals & Clinics
  • Pharmaceutical & Biotechnology Companies
  • Other End Users

Global Sterilization Services Market - By Geography

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • U.K
    • Spain
    • Italy
  • Asia Pacific (APAC)
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • Middle East & Africa (MEA)
    • Saudi Arabia
    • U.A.E
    • South Africa
  • South & Central America (SCAM)
    • Brazil
    • Argentina

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