The Europe sterilization services market was valued at US$ 1,107.63 million in 2022 and is expected to reach US$ 1,988.97 million by 2030; it is estimated to grow at a CAGR of 7.6% from 2022 to 2030.
Medical devices and equipment are essential tools used to monitor patients. Sterilization is one of the crucial steps in the medical device manufacturing process. The sterilization modality varies based on material compatibility, process availability, processing location, physical device attributes, regulatory approval, cost, and regulatory registration within the countries. The sterilization of medical devices is vital during manufacturing as well as usage. Further, healthcare organizations are required to properly manage sterilization to ensure the safety of patients. Thus, the growing medical device industry is expected to offer lucrative opportunities to the key players in the Europe sterilization services market.
Based on mode of delivery, the Europe sterilization services market is bifurcated into offsite sterilization services and onsite sterilization services. The offsite sterilization services segment held a larger market share in 2022.
Based on method, the Europe sterilization services market is divided into ethylene oxide, chlorine dioxide, gamma ray, electron beam, autoclave steam, and others. The ethylene oxide segment held the largest market share in 2022.
Based on service type, the Europe sterilization services market is segmented into contract sterilization and microbial reduction services, testing and validation services, equipment, and others. The contract sterilization and microbial reduction services segment held the largest market share in 2022.
Based on end user, the Europe sterilization services market is divided into medical device companies, pharmaceutical and biopharmaceutical companies, food and beverage, hospitals and clinics, and others. The medical device companies segment held the largest market share in 2022.
Based on country, the Europe sterilization services market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. Germany dominated the Europe sterilization services market share in 2022.
BGS Beta-Gamma-Service GmbH & Co. KG, MEDISTRI SA, Sotera Health Company, and Steris Plc are some of the leading companies operating in the Europe sterilization services market.
Reasons to Buy
Growing Medical Device Industry Fuels the Europe Sterilization Services Market
The medical device industry is projected to experience significant growth owing to constant technological advancements. The rising need for better healthcare facilities has encouraged developing economies to focus on technology-enabled healthcare solutions. The increase in the elderly population, cases of chronic illnesses, and pediatric care have also surged the demand for advanced healthcare facilities. Additionally, top revenue-generating medical device companies are investing significantly in the R&D of advanced technologies and sterilization services.Medical devices and equipment are essential tools used to monitor patients. Sterilization is one of the crucial steps in the medical device manufacturing process. The sterilization modality varies based on material compatibility, process availability, processing location, physical device attributes, regulatory approval, cost, and regulatory registration within the countries. The sterilization of medical devices is vital during manufacturing as well as usage. Further, healthcare organizations are required to properly manage sterilization to ensure the safety of patients. Thus, the growing medical device industry is expected to offer lucrative opportunities to the key players in the Europe sterilization services market.
Europe Sterilization Services Market Overview
The Europe sterilization services market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. Germany, the UK, and France are the major contributors to the growth of the sterilization services market in this region. The market growth is driven by an increase in incidences of anaphylaxis, asthma, COPD, and cardiac arrest and a rise in the number of surgical procedures. Also, rising cases of chronic diseases are likely to create lucrative opportunities for the growth of the sterilization services market during the forecast period.Europe Sterilization Services Market Revenue and Forecast to 2030 (US$ Mn)
Europe Sterilization Services Market Segmentation
The Europe sterilization services market is segmented into mode of delivery, method, service type, end user, and country.Based on mode of delivery, the Europe sterilization services market is bifurcated into offsite sterilization services and onsite sterilization services. The offsite sterilization services segment held a larger market share in 2022.
Based on method, the Europe sterilization services market is divided into ethylene oxide, chlorine dioxide, gamma ray, electron beam, autoclave steam, and others. The ethylene oxide segment held the largest market share in 2022.
Based on service type, the Europe sterilization services market is segmented into contract sterilization and microbial reduction services, testing and validation services, equipment, and others. The contract sterilization and microbial reduction services segment held the largest market share in 2022.
Based on end user, the Europe sterilization services market is divided into medical device companies, pharmaceutical and biopharmaceutical companies, food and beverage, hospitals and clinics, and others. The medical device companies segment held the largest market share in 2022.
Based on country, the Europe sterilization services market is segmented into Germany, the UK, France, Italy, Spain, and the Rest of Europe. Germany dominated the Europe sterilization services market share in 2022.
BGS Beta-Gamma-Service GmbH & Co. KG, MEDISTRI SA, Sotera Health Company, and Steris Plc are some of the leading companies operating in the Europe sterilization services market.
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the Europe sterilization services market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in Europe sterilization services market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Europe Sterilization Services Market Landscape
5. Europe Sterilization Services Market - Key Industry Dynamics
6. Sterilization Services Market - Europe Market Analysis
7. Europe Sterilization Services Market - Revenue and Forecast to 2030 - by Mode of Delivery
8. Europe Sterilization Services Market - Revenue and Forecast to 2030 - by Method
9. Europe Sterilization Services Market - Revenue and Forecast to 2030 - by Service Type
10. Europe Sterilization Services Market - Revenue and Forecast to 2030 - by End User
11. Europe Sterilization Services Market - Revenue and Forecast to 2030 - Country Analysis
12. Europe Sterilization Services Market-Industry Landscape
13. Company Profiles
14. Appendix
List of Tables
List of Figures
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- BGS Beta-Gamma-Service GmbH & Co. KG
- MEDISTRI SA
- Sotera Health Company
- Steris Plc
