Sterilization refers to elimination of and killing of all the types of microbial life through physical or chemical methods. The sterilization of medical devices helps to reduce the chances of hospital-acquired infections and keep away the probabilities of life-threatening diseases. Hospital-acquired infections are among the most popular types of infections over the world.
MARKET DYNAMICS
The medical device sterilization market is driving due to the rise in health care expenditure, advancements in the healthcare infrastructures and appropriate maintenance of medical device and equipment by healthcare institutions. However, stringent regulations, incompetence and failure in consistency of medical device sterilization are expected to hamper the growth of the global medical device sterilization market.
MARKET SCOPE
The "Medical Device Sterilization Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of medical device sterilization market with detailed market segmentation by product, and sterilization type. The medical device sterilization market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in medical device sterilization market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The medical device sterilization market is segmented on the basis of product, and sterilization type. Based on product, the market is segmented as low temperature sterilization, ionizing radiation sterilization, high heat temperature sterilization and consumables and accessories. On the basis of sterilization type, the market is categorized as contract sterilization and in-house sterilization.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the medical device sterilization market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The medical device sterilization market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting medical device sterilization market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the medical device sterilization market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the medical device sterilization market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The medical device sterilization market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting medical device sterilization market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the medical device sterilization market in these regions.
MARKET PLAYERS
The report covers key developments in the medical device sterilization market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from medical device sterilization market are anticipated to have lucrative growth opportunities in the future with the rising demand for medical device sterilization in the global market. Below mentioned is the list of few companies engaged in the medical device sterilization market.
The report also includes the profiles of key players in medical device sterilization market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- STERIS PLC.
- Getinge AB
- 3M
- A-Dec, Inc.
- Advance Sterilization Products
- Belimed (Metal Zugg)
- BIOBASE
- Cardinal Health
- Dentsply Sirona
- Fazzini
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Medical Device Sterilization Market - By Product
1.3.2 Medical Device Sterilization Market - By Sterilization Type
1.3.3 Medical Device Sterilization Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. MEDICAL DEVICE STERILIZATION MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. MEDICAL DEVICE STERILIZATION MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. MEDICAL DEVICE STERILIZATION MARKET - GLOBAL MARKET ANALYSIS
6.1. MEDICAL DEVICE STERILIZATION - GLOBAL MARKET OVERVIEW
6.2. MEDICAL DEVICE STERILIZATION - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. MEDICAL DEVICE STERILIZATION MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. LOW TEMPERATURE STERILIZATION
7.3.1. Overview
7.3.2. Low temperature Sterilization Market Forecast and Analysis
7.3.3. Ethylene Oxide Sterilization Market
7.3.3.1. Overview
7.3.3.2. Ethylene Oxide Sterilization Market Forecast and Analysis
7.3.4. Hydrogen Peroxide Gas Plasma Sterilization Market
7.3.4.1. Overview
7.3.4.2. Hydrogen Peroxide Gas Plasma Sterilization Market Forecast and Analysis
7.3.5. Vaporized Hydrogen Peroxide Sterilization Market
7.3.5.1. Overview
7.3.5.2. Vaporized Hydrogen Peroxide Sterilization Market Forecast and Analysis
7.3.6. Ozone-Based Medical Sterilization Market
7.3.6.1. Overview
7.3.6.2. Ozone-Based Medical Sterilization Market Forecast and Analysis
7.3.7. Formaldehyde Sterilization Market
7.3.7.1. Overview
7.3.7.2. Formaldehyde Sterilization Market Forecast and Analysis
7.4. IONIZING RADIATION STERILIZATION
7.4.1. Overview
7.4.2. Ionizing Radiation Sterilization Market Forecast and Analysis
7.4.3. Gamma Sterilization Market
7.4.3.1. Overview
7.4.3.2. Gamma Sterilization Market Forecast and Analysis
7.4.4. E-Beam Radiation Sterilization Market
7.4.4.1. Overview
7.4.4.2. E-Beam Radiation Sterilization Market Forecast and Analysis
7.5. HIGH HEAT TEMPERATURE STERILIZATION
7.5.1. Overview
7.5.2. High Heat Temperature Sterilization Market Forecast and Analysis
7.5.3. Dry Heat Sterilization Market
7.5.3.1. Overview
7.5.3.2. Dry Heat Sterilization Market Forecast and Analysis
7.5.4. Moist Heat / Steam Sterilization Market
7.5.4.1. Overview
7.5.4.2. Moist Heat / Steam Sterilization Market Forecast and Analysis
7.6. CONSUMABLES AND ACCESSORIES
7.6.1. Overview
7.6.2. Consumables and Accessories Market Forecast and Analysis
7.6.3. Indicators Market
7.6.3.1. Overview
7.6.3.2. Indicators Market Forecast and Analysis
7.6.4. Detergents Market
7.6.4.1. Overview
7.6.4.2. Detergents Market Forecast and Analysis
7.6.5. Lubricants Market
7.6.5.1. Overview
7.6.5.2. Lubricants Market Forecast and Analysis
7.6.6. Pouches Market
7.6.6.1. Overview
7.6.6.2. Pouches Market Forecast and Analysis
7.6.7. Accessories Market
7.6.7.1. Overview
7.6.7.2. Accessories Market Forecast and Analysis
8. MEDICAL DEVICE STERILIZATION MARKET - REVENUE AND FORECASTS TO 2028 - STERILIZATION TYPE
8.1. OVERVIEW
8.2. STERILIZATION TYPE MARKET FORECASTS AND ANALYSIS
8.3. CONTRACT STERILIZATION
8.3.1. Overview
8.3.2. Contract Sterilization Market Forecast and Analysis
8.4. IN HOUSE STERILIZATION
8.4.1. Overview
8.4.2. In House Sterilization Market Forecast and Analysis
9. MEDICAL DEVICE STERILIZATION MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Medical Device Sterilization Market Overview
9.1.2 North America Medical Device Sterilization Market Forecasts and Analysis
9.1.3 North America Medical Device Sterilization Market Forecasts and Analysis - By Product
9.1.4 North America Medical Device Sterilization Market Forecasts and Analysis - By Sterilization Type
9.1.5 North America Medical Device Sterilization Market Forecasts and Analysis - By Countries
9.1.5.1 United States Medical Device Sterilization Market
9.1.5.1.1 United States Medical Device Sterilization Market by Product
9.1.5.1.2 United States Medical Device Sterilization Market by Sterilization Type
9.1.5.2 Canada Medical Device Sterilization Market
9.1.5.2.1 Canada Medical Device Sterilization Market by Product
9.1.5.2.2 Canada Medical Device Sterilization Market by Sterilization Type
9.1.5.3 Mexico Medical Device Sterilization Market
9.1.5.3.1 Mexico Medical Device Sterilization Market by Product
9.1.5.3.2 Mexico Medical Device Sterilization Market by Sterilization Type
9.2. EUROPE
9.2.1 Europe Medical Device Sterilization Market Overview
9.2.2 Europe Medical Device Sterilization Market Forecasts and Analysis
9.2.3 Europe Medical Device Sterilization Market Forecasts and Analysis - By Product
9.2.4 Europe Medical Device Sterilization Market Forecasts and Analysis - By Sterilization Type
9.2.5 Europe Medical Device Sterilization Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Medical Device Sterilization Market
9.2.5.1.1 Germany Medical Device Sterilization Market by Product
9.2.5.1.2 Germany Medical Device Sterilization Market by Sterilization Type
9.2.5.2 France Medical Device Sterilization Market
9.2.5.2.1 France Medical Device Sterilization Market by Product
9.2.5.2.2 France Medical Device Sterilization Market by Sterilization Type
9.2.5.3 Italy Medical Device Sterilization Market
9.2.5.3.1 Italy Medical Device Sterilization Market by Product
9.2.5.3.2 Italy Medical Device Sterilization Market by Sterilization Type
9.2.5.4 Spain Medical Device Sterilization Market
9.2.5.4.1 Spain Medical Device Sterilization Market by Product
9.2.5.4.2 Spain Medical Device Sterilization Market by Sterilization Type
9.2.5.5 United Kingdom Medical Device Sterilization Market
9.2.5.5.1 United Kingdom Medical Device Sterilization Market by Product
9.2.5.5.2 United Kingdom Medical Device Sterilization Market by Sterilization Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Medical Device Sterilization Market Overview
9.3.2 Asia-Pacific Medical Device Sterilization Market Forecasts and Analysis
9.3.3 Asia-Pacific Medical Device Sterilization Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Medical Device Sterilization Market Forecasts and Analysis - By Sterilization Type
9.3.5 Asia-Pacific Medical Device Sterilization Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Medical Device Sterilization Market
9.3.5.1.1 Australia Medical Device Sterilization Market by Product
9.3.5.1.2 Australia Medical Device Sterilization Market by Sterilization Type
9.3.5.2 China Medical Device Sterilization Market
9.3.5.2.1 China Medical Device Sterilization Market by Product
9.3.5.2.2 China Medical Device Sterilization Market by Sterilization Type
9.3.5.3 India Medical Device Sterilization Market
9.3.5.3.1 India Medical Device Sterilization Market by Product
9.3.5.3.2 India Medical Device Sterilization Market by Sterilization Type
9.3.5.4 Japan Medical Device Sterilization Market
9.3.5.4.1 Japan Medical Device Sterilization Market by Product
9.3.5.4.2 Japan Medical Device Sterilization Market by Sterilization Type
9.3.5.5 South Korea Medical Device Sterilization Market
9.3.5.5.1 South Korea Medical Device Sterilization Market by Product
9.3.5.5.2 South Korea Medical Device Sterilization Market by Sterilization Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Medical Device Sterilization Market Overview
9.4.2 Middle East and Africa Medical Device Sterilization Market Forecasts and Analysis
9.4.3 Middle East and Africa Medical Device Sterilization Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Medical Device Sterilization Market Forecasts and Analysis - By Sterilization Type
9.4.5 Middle East and Africa Medical Device Sterilization Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Medical Device Sterilization Market
9.4.5.1.1 South Africa Medical Device Sterilization Market by Product
9.4.5.1.2 South Africa Medical Device Sterilization Market by Sterilization Type
9.4.5.2 Saudi Arabia Medical Device Sterilization Market
9.4.5.2.1 Saudi Arabia Medical Device Sterilization Market by Product
9.4.5.2.2 Saudi Arabia Medical Device Sterilization Market by Sterilization Type
9.4.5.3 U.A.E Medical Device Sterilization Market
9.4.5.3.1 U.A.E Medical Device Sterilization Market by Product
9.4.5.3.2 U.A.E Medical Device Sterilization Market by Sterilization Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Medical Device Sterilization Market Overview
9.5.2 South and Central America Medical Device Sterilization Market Forecasts and Analysis
9.5.3 South and Central America Medical Device Sterilization Market Forecasts and Analysis - By Product
9.5.4 South and Central America Medical Device Sterilization Market Forecasts and Analysis - By Sterilization Type
9.5.5 South and Central America Medical Device Sterilization Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Medical Device Sterilization Market
9.5.5.1.1 Brazil Medical Device Sterilization Market by Product
9.5.5.1.2 Brazil Medical Device Sterilization Market by Sterilization Type
9.5.5.2 Argentina Medical Device Sterilization Market
9.5.5.2.1 Argentina Medical Device Sterilization Market by Product
9.5.5.2.2 Argentina Medical Device Sterilization Market by Sterilization Type
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL MEDICAL DEVICE STERILIZATION MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Rest of the World
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. MEDICAL DEVICE STERILIZATION MARKET, KEY COMPANY PROFILES
12.1. STERIS PLC.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. GETINGE AB
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. 3M
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. A-DEC, INC.
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. ADVANCE STERILIZATION PRODUCTS
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. BELIMED (METAL ZUGG)
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. BIOBASE
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. CARDINAL HEALTH
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. DENTSPLY SIRONA
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. FAZZINI
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. STERIS PLC.
2. Getinge AB
3. 3M
4. A-Dec, Inc.
5. Advance Sterilization Products
6. Belimed (Metal Zugg)
7. BIOBASE
8. Cardinal Health
9. Dentsply Sirona
10. Fazzini
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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