Sterilization Services Market to Grow at a CAGR of 6.6% to reach US$ 4,717.56 million from 2021 to 2028

The Sterilization Services Market was valued at US$ 3,023.50 million in 2021 and is projected to reach US$ 4,717.56 million by 2028; it is expected to grow at a CAGR of 6.6% from 2021 to 2028.

Sterilization is a process that helps in the elimination, removal, or deactivation of all life forms other biological agents that may be present in food, the surface of an article or in a fluid, etc. Sterilization is performed through various methods such as heat, chemicals, irradiation, high pressure, and filtration. Usually, a third party provides contract-based sterilization service to multiple industries such as hospitals, food, and beverage industry pharmaceutical companies, consumer, and industrial communities.   

The sterilization services market is segmented and analyzed on the bases of method, service type, mode of delivery, end user, and geography. The market, by geography, is segmented into 5 major regions—North America, Europe, Asia Pacific, the Middle East and Africa, and South and Central America. The report offers the in-depth analysis of the sterilization services market, with a major emphasis on parameters such as market trends, technological advancements, market dynamics, and competitive landscape analysis based on leading market players’ performances.  

Lucrative Regions for Sterilization Services Market

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Market Insights

Increasing Prevalence of Healthcare-Associated Infections Boosts Sterilization Services Market Growth

Millions of people across the world get affected by HAIs (healthcare-associated infections) while receiving health treatments. Factors such as inadequate hygiene environment conditions, poor infrastructure, insufficient equipment, absence of guidelines, and lack of knowledge regarding infection control measures are increasing the prevalence of HAIs. The common HAIs caused by inadequate sterilization procedures are hepatitis B and C, surgical site infections (SSI), HIV infection, urinary and vascular catheter-associated infections, and ventilator-associated infection. Healthcare-associated infections create additional suffering for patients, increase hospital stays with high cost, and resists the function of antimicrobials. According to the WHO, annual expenditure due to healthcare-associated infections is estimated to be approximately US$ 7.7 billion in Europe and US$ 6.5 billion in the US. As per the WHO, Out of every 100 hospitalized patients, 7 in developed and 10 in developing countries are expected to acquire at least one healthcare-associated infection. In high-income countries, ICU acquired infection affects about 30% of patients with at least one healthcare-associated infection. In low- and middle-income countries, ICU-acquired infection is approximately 2─3 fold higher than high-income countries.

Sterilization Service Market, Method-Based Insights               

Based on method, the Sterilization Services market is segmented into Ethylene Oxide (ETO) Sterilization, Gamma Sterilization, Electron Beam Radiation Sterilization, Steam Sterilization, and Other Sterilization Methods. The Ethylene Oxide (ETO) Sterilization segment held a larger share of the market in 2021, however the Electron Beam Radiation Sterilization segment is anticipated to register a higher CAGR in the market during the forecast period.    

Sterilization Services Market, Service Type-Based Insights               

Based on service type, the Sterilization Services market is segmented into Contract Sterilization Services and Sterilization Validation Services. The contract sterilization services segment is likely to hold the largest share of the market in 2021, and the same segment is expected to grow at the fastest rate in the coming years. Growth of the contract sterilization services segment is attributed to increased demand of custom services in the sterilization industry.  

Global Sterilization Services Market, by service type – 2021 & 2028

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Report Coverage

Sterilization Services Market, Mode of Delivery-Based Insights          

Based on mode of delivery, the Sterilization Services market is segmented into Offsite Sterilization Services and Onsite Sterilization Services. The Offsite Sterilization Services segment is likely to hold a larger market share in 2021, however the Onsite Sterilization Services segment is anticipated to register a higher CAGR in the market during the forecast period. Growth of Offsite Sterilization Services segment is attributed to the increasing number of service providers and rising trend of outsourcing sterilization services.   

Sterilization Services Market, End User-Based Insights

Based on end user, the Sterilization Services market is segmented into Medical Device Companies, Pharmaceutical & Biotechnology Companies, Hospitals & Clinics, Food and Beverages, and Other End Users. The Medical Device Companies segment is likely to hold the largest share of the market in 2021, and the same segment is anticipated to register the highest CAGR in the market during the forecast period.

COVID-19 pandemic has become the most significant challenge across the world. As the outbreak started spreading ruthlessly across the globe, the healthcare facilities were overwhelmed by the large number of patients with COVID-19. Frequent sanitization of the surfaces and sterilization became a necessity to prevent the infection from spreading. In addition, the US Centers for Disease Control and Prevention (CDC) published sterilization and disinfection guidelines for medical and the need to sterilize medical devices that enter sterile tissue or a patient’s vascular system. However, before the COVID-19 crisis, concerns regarding ETO’s emissions led to the closure of ETO production plants across the United States. Due to the pandemic, some facilities got permission to reopen and meet sterilization needs during the pandemic. For instance, in March 2020, the US Environmental Protection Agency (EPA) with the Georgia Environmental Protection Division (EPD) increased production safely and quickly at sterilization facilities in Covington and Madison in response to the dramatically increased need for sterile medical equipment during the COVID-19.

Acquisitions, collaborations, partnerships, new product launches, and expansions are the commonly adopted strategies by companies to expand their footprint worldwide and meet the growing demand. The sterilization services market players have been adopting the product innovation strategy to cater to evolving customer demands across the world, which further helps them maintain their brand name in the global marketplace.

By Method

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

By Service Type

• Contract Sterilization Services
• Sterilization Validation Services

By Mode of Delivery

• Offsite Sterilization Services
• Onsite Sterilization Services

By End User

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

By Geography

• North America

  • US
  • Canada
  • Mexico

• Europe

  • France
  • Germany
  • Italy
  • UK
  • Spain
  • Rest of the Europe

• Asia Pacific (APAC)

  • China
  • India
  • South Korea
  • Japan
  • Australia
  • Rest of Asia Pacific

• Middle East & Africa (MEA)

  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa

• South America (SAM)

  • Brazil
  • Argentina
  • Rest of South America

Company Profiles

• BGS Beta-Gamma-Service GmbH & Co. KG
• Cosmed Group
• E-BEAM Services Inc
• Life Science Outsourcing Inc.
• MEDISTRI SA
• Midwest Sterilization Corporation
• Sotera Health Company
• Microtrol Sterilisation Services Pvt Ltd.
• STERIS plc.
• Scapa