Quick Summary:
Venture confidently into the lucid and expansive landscape of the Sterilization Equipment and Supplies market with our up-to-date and comprehensive market research report. The stringent need for effective sterilization in sectors like healthcare and food to prevent contamination coupled with technological advancements have catalyzed this market, projected to reach an impressive US$10.1 billion by 2030. Our report offers a deep dive into the trends molding the marketplace and the strategies competitors are deploying to stay ahead.
Gain a strategic edge by pinpointing growth sectors, such as Low-temperature Sterilizers, positioned to reach US$3.6 Billion by the end of the decade. Immerse yourself in a thorough geographical analysis spotlighting lucrative markets like China, forecasted to hit US$2.4 Billion by 2030. Accompanied by a comprehensive analysis of leading competitors and market dynamics, this report is an invaluable blueprint for driving business success in this booming market.
Global Sterilization Equipment and Supplies Market to Reach $10.1 Billion by 2030
The global market for Sterilization Equipment and Supplies estimated at US$5.8 Billion in the year 2022, is projected to reach a revised size of US$10.1 Billion by 2030, growing at a CAGR of 7.3% over the analysis period 2022-2030. Low-temperature Sterilizers, one of the segments analyzed in the report, is projected to record a 8.5% CAGR and reach US$3.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Heat Sterilizers segment is readjusted to a revised 6.6% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1.6 Billion, While China is Forecast to Grow at 11.8% CAGR
The Sterilization Equipment and Supplies market in the U.S. is estimated at US$1.6 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$2.4 Billion by the year 2030 trailing a CAGR of 11.8% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 7.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$1.4 Billion by the year 2030.Select Competitors (Total 92 Featured) -
- 3M Company
- Advanced Sterilization Products
- Andersen Products Inc.
- Belimed AG
- Cantel Medical Corp.
- Cardinal Health Inc.
- Getinge AB
- Matachana Group
- Nordion Inc.
- Sakura SI Co.,
- Sotera Health LLC
- Sterile Technologies Inc.
- STERIS Plc.
- TSO3 Inc.
- Tuttnauer Company
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Sterilization Equipment and Supplies?
What is the growth rate of the Global Market for Sterilization Equipment and Supplies?
What is the forecasted size of the Global Market for Sterilization Equipment and Supplies?
Who are the key companies in the Global Market for Sterilization Equipment and Supplies?
| Report Attribute | Details |
|---|---|
| No. of Pages | 218 |
| Published | October 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 5.8 Billion |
| Forecasted Market Value ( USD | $ 10.1 Billion |
| Compound Annual Growth Rate | 7.2% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- 3M Company
- Advanced Sterilization Products
- Andersen Products Inc.
- Belimed AG
- Cantel Medical Corp.
- Cardinal Health Inc.
- Getinge AB
- Matachana Group
- Nordion Inc.
- Sakura SI Co.,
- Sotera Health LLC
- Sterile Technologies Inc.
- STERIS Plc.
- TSO3 Inc.
- Tuttnauer Company
