Rise in Number of Hospital-acquired Infections to Increase Demand
For several decades, inadequate sterilization has remained a major cause of concern in an array of industrial sectors, including healthcare, food & beverages, and pharmaceutical. Within the healthcare sector, the mounting concerns over healthcare-associated infections (HAIs) via person-to-person or environmental transmission have played a key role in augmenting the sterilization services market in recent times– a trend that is expected to continue during the forecast period. Several studies are in place that is currently investigating the effectiveness of various sterilization techniques. Recent advancements in sterilization techniques are a major factor that is projected to fuel the demand for sterilization services across the pharmaceutical sector.
Ethylene oxide sterilization techniques are increasingly being used to sterilize medical device materials and medical devices. The demand for sterilization services, particularly from medical device manufacturers is likely to witness exponential growth during the forecast period. Apart from the uptake from the medical sector, ethylene oxide sterilization services are increasingly being deployed across the industrial sector. Amidst mounting environmental concerns and efforts to curb environmental degradation, participants operating in sterilization are expected to minimize ethylene oxide emissions. Moreover, the advent of the COVID-19 pandemic is anticipated to influence the growth of the market for sterilization services, as the demand for advanced sterilization products is likely to grow at an exponential rate in the upcoming years. At the back of these factors coupled with evolving guidelines pertaining to how sterilization services are projected to be used across different industries, the global sterilization services market is expected to attain a market value of ~US$ 5.7 Bn by the end of 2027.
Technological Advancements Trigger Demand for Cutting-edge Sterilization Services Worldwide
Technological advancements in the global sterilization services have played a key role in enhancing reliability, efficiency, and performance monitoring capabilities of various sterilization equipment. In recent years, within the sterilization services market, plasma sterilization has emerged as one of the most promising substitutes for conventional sterilization techniques. In addition, the adoption of plasma sterilization techniques is expected to witness considerable growth, as the process is free from toxic chemicals and a turnaround time of around one minute. Apart from plasma sterilization, pulsed light sterilization has also gained considerable popularity within the sterilization services market over the past few years. The development of new sterilization techniques is largely triggered by the use of new materials and instruments. Plasma sterilization has emerged as an ideal sterilization technique within the implantology space.
Research and development activities over the past couple of decades have primarily focused on studying the nature of low-pressure plasma sterilization. Some of the most extensively used sterilization services and systems that are studied across the world include inductively coupled plasma (ICP), capacitively coupled plasma (CCP), and electron cyclotron resonance plasma (ECR). Although operators in the global sterilization services are of the opinion that conventional sterilization services, including e-beam and autoclaves are likely to have a higher adoption rate as they are cost-effective and faster, low-pressure plasma sterilization is expected to gain traction in the plastic industry wherein sterilization of biodegradable and non-degradable plastic is on the rise. Another potential field wherein low-pressure plasma sterilization is gaining ground in the current market landscape is the sterilization and disinfection of space flight.
Impact of COVID-19 on Sterilization Services
The global sterilization services market is expected to enter unchartered territories in the next couple of years. The advent of the COVID-19 pandemic is likely to influence the growth of the global sterilization services market amidst a severe shortage of medical devices that was existing. However, COVID-19 is likely to have a strong impact on the expansion of the market for sterilization services over the next couple of years. Several companies operating in the sterilization services market are on the verge or have already invested resources to improve their sterilization techniques in their efforts to combat the novel coronavirus (COVID-19) pandemic. The sterilization of personal protective equipment and clothing of healthcare workers has emerged as the top priority across the global healthcare sector.
Several countries are adopting various sterilization techniques, including irradiation sterilization to enhance the production efficiency in protective clothing. For instance, the subsidiary company of China National Nuclear Corporation revealed how irradiation sterilization is expected to provide a significant boost in the sterilization process of medical protective suites. In addition, in comparison with the conventional sterilization techniques, irradiation is eco-friendly and has greater efficacy.
Analysts’ Viewpoint
The advent of the novel COVID-19 pandemic is anticipated to provide plenty of opportunities for market players, as the demand for sterilization of personal protective equipment and protective clothing is expected to reach new frontiers in the upcoming months.
Sterilization Services Market: Overview
This report analyzes the current scenario and future growth prospects of the global sterilization services market
The report provides an elaborate executive summary, which provides a snapshot of various segments of the global market. It also provides information and data analysis of the global sterilization services market with respect to segments based on method, type, mode of delivery,enduser, and region.
The overview section of the report provides a detailed qualitative analysis of drivers, restraints, and opportunities that impact the global sterilization services market
The report includes company profiles, which provide information about business strategies, product portfolios, and financials of players operating in the global sterilization services market and competitive landscape of the market
The report on the global sterilization services market offers attractiveness analysis of different segments of the market across regions
The last section of the report comprises quantitative and qualitative analysis on market share/position of key players operating in the market. It analyzes key competitive strategies adopted by major market players, thereby presenting a thorough understanding of the competition scenario in the global sterilization services market.
Sterilization Services Market: Key Segments
In terms of method, the global sterilization services market has been classified into gas modalities, radiation modalities, steam, and others. The gas modalities segment has beenbifurcated into ethylene oxide and others. The radiation modalities segment has been categorized into gamma, electron beam, and others. The gas modalities segment accounted for major market share in 2018. The ethylene oxide gas sterilization process is the most frequently used sterilization process due to its effectiveness, low cost, and compatibility with a range of materials. These factors are expected to drive the sub-segment during the forecast period.
Based on type, the global market has been split intocontract sterilization services and sterilization validation services. The contract sterilization services segment accounted for the largest market share in 2018. Growth of the segment can be attributed to rise in prevalence of hospital acquired infections and high adoption of contract sterilization services.
In terms of mode of delivery, the global sterilization services market has been divided into offsite sterilization services and onsite sterilization services. The offsite sterilization services segment accounted for major market share in 2018 and the trend is anticipated to continue in the near future.Increase in admissionsin hospitals, developing healthcare business environment, and significant improvement in healthcare service offerings are expected to drive the segment during the forecast period.
Based on end user, the global market has been classified intomedical device companies, hospitals & clinics, food & beverage, pharmaceuticals, and others.The medical device companies segment accounted for significant market share in 2018 and the trend is anticipated to continue in the near future. The food & beverages segment is expected to grow at a rapid pace, owing to increase in demand for food irradiation services, especially for vegetables, fruits, nuts, and others.
Market size and forecast for each of the segments of the global sterilization services market have been provided for the period from 2017 to 2027. The CAGRs of the segments of the global sterilization services market have also been provided for the period from 2019 to 2027, considering 2018 as the base year.
Sterilization Services Market: Regional Outlook
In terms of region, the global sterilization services market has been segmented into North America (U.S. and Canada), Europe (U.K., Germany, Spain, Italy, France, and Rest of Europe), Asia Pacific (China, India, Japan, Australia & New Zealand, and Rest of Asia Pacific), Latin America (Brazil, Mexico, and Rest of Latin America), and Middle East & Africa (GCC Countries, South Africa, and Rest of Middle East & Africa). Each region of the global market has been divided into major countries/sub-regions.
The report provides the size and forecast of the market in each region and country/sub-region for the period from 2017 to 2027. The CAGR of the market in each of these regions and countries/sub-regions has also been provided for the period from 2019 to 2027. The study also covers the market competition scenario in these regions.
Continuous focus on quality management, increase in number of healthcare providers opting for sterilization services, and rise in number of contract sterilization facilities for hospital supplies are expected to boost the growth of the market in North America
Companies Covered in Sterilization Services Market Report
Key players in the global sterilization services market have been profiled based on attributes such as company overview, product portfolio, financial overview, recent developments, and competitive business strategies
Major companies profiled in the global sterilization services market report are
Key Questions Answered in Sterilization Services Market Report
Sterilization Services Market - Segmentation
Method
Type
Mode of Delivery
End User
Region
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions and Research Methodology
3. Executive Summary: Global Sterilization Services Market
4. Market Overview
4.1. Introduction
4.2. Overview
4.3. Market Dynamics
4.3.1. Drivers
4.3.2. Restraints
4.3.3. Opportunities
4.4. Global Sterilization Services Market Analysis and Forecast, 2017–2030
5. Market Outlook
5.1. Regulatory Scenario, by Region/globally
5.2. Technological Advancements
5.3. Key Industry Events (mergers, acquisitions, new service launch, etc.)
6. Global Sterilization Services Market Value and Forecast, by Method
6.1. Introduction
6.2. Global Sterilization Services Market Value Forecast, by Method, 2017–2030
6.2.1. Gas Modalities
6.2.1.1. Ethylene Oxide
6.2.1.2. Others
6.2.2. Radiation Modalities
6.2.2.1. Gamma
6.2.2.2. Electron Beam
6.2.2.3. Others
6.2.3. Steam
6.2.4. Others
6.3. Global Sterilization Services Market Attractiveness Analysis, by Method
7. Global Sterilization Services Market Value and Forecast, by Type
7.1. Introduction
7.2. Global Sterilization Services Market Value Forecast, by Type, 2017–2030
7.2.1. Contract Sterilization Services
7.2.2. Sterilization Validation Services
7.3. Global Sterilization Services Market Attractiveness Analysis, by Type
8. Global Sterilization Services Market Value and Forecast, by Mode of Delivery
8.1. Introduction
8.2. Global Sterilization Services Market Value Forecast, by Mode of Delivery, 2017–2030
8.2.1. Offsite Sterilization Services
8.2.2. Onsite Sterilization Services
8.3. Global Sterilization Services Market Attractiveness Analysis, by Mode of Delivery
9. Global Sterilization Services Market Value and Forecast, by End-user
9.1. Introduction
9.2. Global Sterilization Services Market Value Forecast, by End-user, 2017–2030
9.2.1. Medical Device Companies
9.2.2. Hospitals & Clinics
9.2.3. Food & Beverage
9.2.4. Pharmaceuticals
9.2.5. Others
9.3. Global Sterilization Services Market Attractiveness Analysis, by End-user
10. Global Sterilization Services Market Value and Forecast, by Region
10.1. Introduction
10.2 Sterilization Services Market Value Forecast, by Region, 2017–2030
10.1.1. North America
10.1.2. Europe
10.1.3. Asia Pacific
10.1.4. Latin America
10.1.5. Middle East & Africa
. Global Sterilization Services Market Attractiveness Analysis, by Region
11. North America Sterilization Services Market Analysis and Forecast
11.1. Introduction
11.2. North America Sterilization Services Market Value Forecast, by Method, 2017–2030
11.2.1. Gas Modalities
11.2.1.1. Ethylene Oxide
11.2.1.2. Others
11.2.2. Radiation Modalities
11.2.2.1. Gamma
11.2.2.2. Electron Beam
11.2.2.3. Others
11.2.3. Steam
11.2.4. Others
11.3. North America Sterilization Services Market Value Forecast, by Type, 2017–2030
11.3.1. Contract Sterilization Services
11.3.2. Sterilization Validation Services
11.4. North America Sterilization Services Market Value Forecast, by Mode of Delivery, 2017–2030
11.4.1. Offsite Sterilization Services
11.4.2. Onsite Sterilization Services
11.5. North America Sterilization Services Market Value Forecast, by End-user, 2017–2030
11.5.1. Medical Device Companies
11.5.2. Hospitals & Clinics
11.5.3. Food & Beverage
11.5.4. Pharmaceuticals
11.5.5. Others
11.6. North America Sterilization Services Market Value Forecast, by Country, 2017–2030
11.6.1. U.S.
11.6.2. Canada
11.7. North America Sterilization Services Market Attractiveness Analysis
11.7.1. By Method
11.7.2. By Type
11.7.3. By Mode of Delivery
11.7.4. By End-user
11.7.5. By Country
12. Europe Sterilization Services Market Analysis and Forecast
12.1. Introduction
12.2. Europe Sterilization Services Market Value Forecast, by Method, 2017–2030
12.2.1. Gas Modalities
12.2.1.1. Ethylene Oxide
12.2.1.2. Others
12.2.2. Radiation Modalities
12.2.2.1. Gamma
12.2.2.2. Electron Beam
12.2.2.3. Others
12.2.3. Steam
12.2.4. Others
12.3. Europe Sterilization Services Market Value Forecast, by Type, 2017–2030
12.3.1. Contract Sterilization Services
12.3.2. Sterilization Validation Services
12.4. Europe Sterilization Services Market Value Forecast, by Mode of Delivery, 2017–2030
12.4.1. Offsite Sterilization Services
12.4.2. Onsite Sterilization Services
12.5. Europe Sterilization Services Market Value Forecast, by End-user, 2017–2030
12.5.1. Medical Device Companies
12.5.2. Hospitals & Clinics
12.5.3. Food & Beverage
12.5.4. Pharmaceuticals
12.5.5. Others
12.6. Europe Sterilization Services Market Value Forecast, by Country/Sub-region, 2017–2030
12.6.1. Germany
12.6.2. U.K.
12.6.3. France
12.6.4. Italy
12.6.5. Spain
12.6.6. Rest of Europe
12.7. Europe Sterilization Services Market Attractiveness Analysis
12.7.1. By Method
12.7.2. By Type
12.7.3. By Mode of Delivery
12.7.4. By End-user
12.7.5. By Country/Sub-region
13. Asia Pacific Sterilization Services Market Analysis and Forecast
13.1. Introduction
13.2. Asia Pacific Sterilization Services Market Value Forecast, by Method, 2017–2030
13.2.1. Gas Modalities
13.2.1.1. Ethylene Oxide
13.2.1.2. Others
13.2.2. Radiation Modalities
13.2.2.1. Gamma
13.2.2.2. Electron Beam
13.2.2.3. Others
13.2.3. Steam
13.2.4. Others
13.3. Asia Pacific Sterilization Services Market Value Forecast, by Type, 2017–2030
13.3.1. Contract Sterilization Services
13.3.2. Sterilization Validation Services
13.4. Asia Pacific Sterilization Services Market Value Forecast, by Mode of Delivery, 2017–2030
13.4.1. Offsite Sterilization Services
13.4.2. Onsite Sterilization Services
13.5. Asia Pacific Sterilization Services Market Value Forecast, by End-user, 2017–2030
13.5.1. Medical Device Companies
13.5.2. Hospitals & Clinics
13.5.3. Food & Beverage
13.5.4. Pharmaceuticals
13.5.5. Others
13.6. Asia Pacific Sterilization Services Market Value Forecast, by Country/Sub-region, 2017–2030
13.6.1. Japan
13.6.2. China
13.6.3. India
13.6.4. Australia & New Zealand
13.6.5. Rest of Asia Pacific
13.7. Asia Pacific Sterilization Services Market Attractiveness Analysis
13.7.1. By Method
13.7.2. By Type
13.7.3. By Mode of Delivery
13.7.4. By End-user
13.7.5. By Country/Sub-region
14. Latin America Sterilization Services Market Analysis and Forecast
14.1. Introduction
14.2. Latin America Sterilization Services Market Value Forecast, by Method, 2017–2030
14.2.1. Gas Modalities
14.2.1.1. Ethylene Oxide
14.2.1.2. Others
14.2.2. Radiation Modalities
14.2.2.1. Gamma
14.2.2.2. Electron Beam
14.2.2.3. Others
14.2.3. Steam
14.2.4. Others
14.3. Latin America Sterilization Services Market Value Forecast, by Type, 2017–2030
14.3.1. Contract Sterilization Services
14.3.2. Sterilization Validation Services
14.4. Latin America Sterilization Services Market Value Forecast, by Mode of Delivery, 2017–2030
14.4.1. Offsite Sterilization Services
14.4.2. Onsite Sterilization Services
14.5. Latin America Sterilization Services Market Value Forecast, by End-user, 2017–2030
14.5.1. Medical Device Companies
14.5.2. Hospitals & Clinics
14.5.3. Food & Beverage
14.5.4. Pharmaceuticals
14.5.5. Others
14.6. Latin America Sterilization Services Market Value Forecast, by Country/Sub-region, 2017–2030
14.6.1. Brazil
14.6.2. Mexico
14.6.3. Rest of Latin America
14.7. Latin America Sterilization Services Market Attractiveness Analysis
14.7.1. By Method
14.7.2. By Type
14.7.3. By Mode of Delivery
14.7.4. By End-user
14.7.5. By Country/Sub-region
15. Middle East & Africa Sterilization Services Market Analysis and Forecast
15.1. Introduction
15.2. Middle East & Africa Sterilization Services Market Value Forecast, by Method, 2017–2030
15.2.1. Gas Modalities
15.2.1.1. Ethylene Oxide
15.2.1.2. Others
15.2.2. Radiation Modalities
15.2.2.1. Gamma
15.2.2.2. Electron Beam
15.2.2.3. Others
15.2.3. Steam
15.2.4. Others
15.3. Middle East & Africa Sterilization Services Market Value Forecast, by Type, 2017–2030
15.3.1. Contract Sterilization Services
15.3.2. Sterilization Validation Services
15.4. Middle East & Africa Sterilization Services Market Value Forecast, by Mode of Delivery, 2017–2030
15.4.1. Offsite Sterilization Services
15.4.2. Onsite Sterilization Services
15.5. Middle East Sterilization Services Market Value Forecast, by End-user, 2017–2030
15.5.1. Medical Device Companies
15.5.2. Hospitals & Clinics
15.5.3. Food & Beverage
15.5.4. Pharmaceuticals
15.5.5. Others
15.6. Middle East & Africa Sterilization Services Market Value Forecast, by Country/Sub-region, 2017–2030
15.6.1. GCC Countries
15.6.2. South Africa
15.6.3. Rest of Middle East & Africa
15.7. Middle East & Africa Sterilization Services Market Attractiveness Analysis
15.7.1. By Method
15.7.2. By Type
15.7.3. By Mode of Delivery
15.7.4. By End-user
15.7.5. By Country/Sub-region
16. Competition Landscape
16.1. Market Player - Competition Matrix
16.2. Global Sterilization Services Market Position Analysis, by Company, 2018
16.3. Company Profiles
16.3.1. E-beam Services, Inc.
16.3.1.1. Company Description
16.3.1.2. Business Overview
16.3.1.3. Strategic Overview
16.3.1.4. SWOT Analysis
16.3.2. MEDISTRI SA
16.3.2.1. Company Description
16.3.2.2. Business Overview
16.3.2.3. SWOT Analysis
16.3.3. BGS Beta-Gamma-Service GmbH & Co. KG
16.3.3.1. Company Description
16.3.3.2. Business Overview
16.3.3.3. Strategic Overview
16.3.3.4. SWOT Analysis
16.3.4. Sterigenics U.S., LLC – A Sotera Health company
16.3.4.1. Company Description
16.3.4.2. Business Overview
16.3.4.3. SWOT Analysis
16.3.5. Cosmed Group
16.3.5.1. Company Description
16.3.5.2. Business Overview
16.3.5.3. Strategic Overview
16.3.5.4. SWOT Analysis
16.3.6. Noxilizer
16.3.6.1. Company Description
16.3.6.2. Business Overview
16.3.6.3. Strategic Overview
16.3.6.4. SWOT Analysis
16.3.7. Microtrol Sterilization Services Pvt. Ltd.
16.3.7.1. Company Description
16.3.7.2. Business Overview
16.3.7.3. SWOT Analysis
16.3.8. Midwest Sterilization Corporation
16.3.8.1. Company Description
16.3.8.2. Business Overview
16.3.8.3. SWOT Analysis
16.3.9. Andersen Caledonia
16.3.9.1. Company Description
16.3.9.2. Business Overview
16.3.9.3. SWOT Analysis
16.3.10. Sterilization Services
16.3.10.1. Company Description
16.3.10.2. Business Overview
16.3.10.3. SWOT Analysis
16.3.11. Steri-tek
16.3.11.1. Company Description
16.3.11.2. Business Overview
16.3.11.3. SWOT Analysis
16.3.12. Cantel Medical Corp.
16.3.12.1. Company Description
16.3.12.2. Business Overview
16.3.12.3. SWOT Analysis
16.3.13. Steris plc
16.3.13.1. Company Description
16.3.13.2. Business Overview
16.3.13.3. Financial Overview
16.3.13.4. Strategic Overview
16.3.13.5. SWOT Analysis
16.3.14. WuXi AppTec
16.3.14.1. Company Description
16.3.14.2. Business Overview
16.3.14.3. Financial Overview
16.3.14.4. Strategic Overview
16.3.14.5. SWOT Analysis
16.3.15. Avantti Medi Clear
16.3.15.1. Company Description
16.3.15.2. Business Overview
16.3.15.3. SWOT Analysis
16.3.16. Viant
16.3.16.1. Company Description
16.3.16.2. Business Overview
16.3.16.3. SWOT Analysis