Sterilization Services Market

The report "Sterilization Services Market by Method (Electron beam, EtO, Steam, Gamma, X-Ray, Hydrogen Peroxide), Type (Contract Sterilization, Validation Services), Mode of Delivery (Off-Site, On-Site), End User, & Region - Global Forecast to 2029", is projected to reach 5.2 billion by 2029 from USD 3.6 billion in 2024, at a CAGR of 7.7% during the forecast period. The market growth is mainly due to growing prevalence of hospital-acquired infections and rising trend of outsourcing sterilization services to third party vendors. In addition, increasing expansion of pharmaceutical & medical device companies in emerging markets and potential of e-beam sterilization are expected to offer growth opportunities for players operating in the sterilization services market during the forecast period. However, the risk of sterilization of advanced medical instruments is expected to hamper the adoption of these products.

Browse 287 market data Tables and 38 Figures spread through 249 Pages and in-depth TOC on "Sterilization Services Market by Method (Electron beam, EtO, Steam, Gamma, X-Ray, Hydrogen Peroxide), Type (Contract Sterilization, Validation Services), Mode of Delivery (Off-Site, On-Site), End User, & Region - Global Forecast to 2029"
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In 2023, the gamma sterilization segment held the largest share of the sterilization services market, by method segment.

Based on type, the global sterilization services market is segmented into ethylene oxide sterilization, gamma sterilization, e-beam sterilization, x-ray sterilization, steam sterilization, hydrogen peroxide sterilization and other methods. In 2023, gamma sterilization has led the sterilization services market. This is largely due to their features: high penetrating packaging and complex structures without high temperaturs. It can be most commonly used for a large scale sterilization due to it’s ability to process a large volume of product within a given time, thus it is more common in the medical device companies.

In 2023, the contract sterilization services segment held the largest share of the sterilization services market, by type segment.

Based on type, the sterilization services market is segmented contract sterilization services and sterilization validation services. In 2023, the contract sterilization services segment accounted for the largest share of the sterilization services market. The dominance of the contract sterilization services segment is due to the rising outsourcing of sterilization process to third-party providers for cost efficiency to drive market. They are the preferred choice for large and small medical device companies as it reduces in house sterilization cost and save time.

Off-site sterilization held the largest share of the sterilization services market by mode of delivery, in the year 2023.

The market is categorized into,  off-site sterilization service and  on-site sterilization service, with off-site sterilization service leading the market. Off-site sterilization services are performed within the premises of end user who out source the services at a different location from the service provider. The large share for it is due to it's outsourcing sterilization services higher outputs.

The medical device companies segment accounted for the largest share of the sterilization services market, by end user, in 2023.

Based on the end users, the sterilization services market is divided into medical device companies, hospitals & clinics, pharmaceutical & biotechnology companies and other end users. In 2023, the sterilization services market was dominated by the medical device companies segment. This substantial market share is being attributed to high uptake of ETO and E-beam sterilization for endoscopes and laparoscopes. The market for low temperature sterilizatio and hydrogen peroxide gas plasma is expected to grow among medical device end user in coming years.

The Asia Pacific market is expected to witness the highest growth during the forecast period.

The global sterilization services marketis divided into six key regions: North America, Europe, Asia Pacific, Middle East & Africa, Latin America, and the GCC Countries. The Asia Pacific is projected to register the highest CAGR in the sterilization services market during the forecast period. The high growth in the Asia Pacific market can be attributed to the increasing healthcare expenditure, growing population and aging demographics, and increase in the number of surgeries being performed in the region.

Prominent players in the market include STERIS plc (Ireland), Sotera Health (US), Servizi Italia S.p.A (Italy), E-BEAM Services, Inc. (US), BGS Beta-Gamma-Service GmbH & co. KG (Germany), Medistri SA (Switzerland), H.W.Andersen Products Ltd. (UK), Cretex Companies (US),Life Science Outsourcing, Inc. (US), Microtrol Sterilisation Services Pvt Ltd. (India), Avantti Medi Clear (Mexico), SteriPack Group (Ireland), Europlaz (UK), Prince Sterilization Services, LLC (US), Steripure (France), SteriTek Inc. (US), Centerpiece (US), Sterilization Services (US), NextBeam (US), Meridian Medical (UK), C.G. Laboratories, Inc. (US), Pro-Tech Design and Manufacturing Inc. (US), ClorDiSys Solutions Inc. (US), Blue Line Sterilization Services, LLC (US) and Midwest Sterilization Corporation (US).

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